look at each oracle contracts address on etherscan.io
the following oracles are being incentivized to run nodes -chainlayer -chainlink -fiews -linkpool
the following node operators are operating at a loss as there is no real traffic on the network -honeycomb.market -linkforest -omniscience -secure data links
heyre paying roughly 10000 dollars a month to the four node operators
they have the funds to pay the same amount of money to the four node operators for over 127000 months
they have the funds to pay all ten node operators to run for 1525 years
theyre not paying any node operators outside of the ones with very close ties to the project or are already running nodes for other blockchains
this is a centralized solution and reason for conern i am with many of you fellow marines and i love the project this is a serious issue that the team needs to address or explain
in the example pic, isn't the second one still centralized because they're connected to node things? shouldn't all the dots be connected to each other?
Benjamin Cook
We are past the FUD phase, it doesn't even work on nilinkers or redditors anymore.
Nathaniel Johnson
All swinglinkers shall hang
Dylan Ross
OP is correct. Also, The contract is controlled by one set of keys , doesn’t get more central than that. Literally one person could bring all the oracles down
Nathaniel Bell
>make a nice post critizing and exposing the weak points of LINK >the only answer is "cope" made by a LINK cultist
Ian Jenkins
posted 30 seconds after i posted read it youll know im right
Austin Morris
>this is not fud Ok...
Hudson Lopez
this has already been debunked so it is COPE any fud that is coming up has been DEBUNKED a long time ago, do you newfags dont understand this?
John Ramirez
this has not been debunked this is a real issue this is something that nobody has addressed yet if you can remove my concern i would be pleased
Carson Lee
what youre referring to is distributed you can be distributed without being decentralized you can be decentralized without being distributed chainlink is creating a club of node operators and has no interest in actually becoming sybil resistant by supporting community run nodes
Nathaniel Cruz
Deaf ears op everyone here is a tool
Logan Powell
Obligatory: Nobody likes you. You are a worthless piece of shit, and you should kill yourself. Nobody would miss you. On the contrary, tons of people will be actually happy if you don't exist anymore, as they will be spared your faggotry and overall shittiness. Nobody likes you in real life. You had a chance too be accepted as an user, but you had to blow it by becoming insufferable cancer, just like in real life. And now you have nothing left, you lost your last chance. You're just too much of a worthless piece of shit. Just kill yourself. Save yourself and others the pain of your pointless existence. Return to nothing and the world will be a better place. You know it in your heart, just do it.
The truth is link is getting rich on the back of open source tech and sergay should open source his code. It’s unethetical to lie about decentralized oracles and keep the contract centralized at the same time. This would ensure anyone could use the contract without needing a central authority to control the implementation.
Jeremiah Foster
cheers KYS sure
Henry Perry
can anybody refute this faggot? report him just for good measure
Gabriel Cooper
Forgot to mention is retarded to think a central source could be “reported” by multiple people. It’s centralized to begin with and decentralized oracle is a fucking meme
Parker Gutierrez
Let those retards waste their money OP. They literally think this shitcoin is the next ETH, they don't deserve to be saved.
Owen Howard
You honestly have to keep bumping shit on here cause the retard lemmings flood the board with worthless LARPs to bury the critical analysis of this project
Landon Bailey
everything visible on the blockchain nothing to refute if you can explain or justify their actions im all ears You can query multiple data sources across multiple oracles the tech is sound the decisions theyre making around node incentivization is a real concern and could kill project i have heavy bags of link this is the only concern i have with the project if they want to incentivize node operators they should incentivize all of them and not just their little club of node operators from other projects true
Nathaniel Gray
Also this
Chase Gutierrez
Check the archives monkey
Anthony Cox
damn
the honesty in the crypto realm needs a explaining ...
You realize the product has barely been out for a month on Mainnet. Imagine judging a product right on release that it isn't in its complete form yet...
Asher Barnes
imagine not understanding the the choices a business makes early on has ripple effects on future decisions if they pick and choose node operators to incentivize now this sets a dangerous precedent there is no network activity and the link team is sitting on billions of dollars that they claim is for incentivizing node operators
theyre only paying four node operators and the others are operating at a loss to support the tech
moneybelly is unironically an asshole that has lied through his teeth multiple times
accept it or not this is reality
Carter Rogers
Not sure I explain the critical analysis well enough. This is an about “tech . The issue is most data originates from a central location. Data originates from a single source of truth Not multiples. To trust a third-party Intermediary To validate the data that only one person has, seems downright redundant. Logically cryptography already solve this issue for us
Evan Flores
I'm concerned with the incentive schemes too. Maybe when reputation and staking release, we'll see a broader incentive plan. You should ask on telegram.
Easton Rodriguez
We don't have any idea what they are doing with the 350m tokens. Them making sure quality nodes are whitelisted first makes sense. Anyone can use and run a node so having Chainlink approval makes absolutely no difference in a permissionless network.
Tyler Scott
i get your point now thank you youre correct in validation of data not being tampered reputation and staking will not effect their decision to incentivize select nodes they are using ws connections for the explorer they know immediately when node go offline could easily stop payment based on responses if they say reputation and staking need be available first then they lie again
Alexander Rivera
No one cares about spoonfeeding retarded faggots like you. You had 2 years to discuss this and discover the answers, so now you're just going to have to roll your sleeves up and go through the archives. If you're as stupid as you are lazy and can't be bothered, I highly recommend that you post this on the cryptocurrency subreddit - the people there are more your caliber, and far more likely believe your paragraphs of smoothbrain drivel.
Sage and kys.
William Gonzalez
Good fresh FUD, I will post it on Reddit like I have been doing since 2017
The refutation to this is so obvious that it feels like you're trolling, but for shits and gigs I'll provide a response. Any entity in its infancy requires an "artificial" amount of mothering and care before it can eventually walk on its own and provide for itself. This happens in nature as well as for businesses. Consider Amazon, who, in its initial stages, had to leave comments and reviews on their own products to make it seem as though the service was being used and enjoyed by many people. Fast forward to today, Amazon is now actually being used and enjoyed by many people. At this infantile stage in Chainlink's development, there simply aren't enough people using it yet to properly pay these node operators for their efforts, or nodes themselves to deliver Chainlink's service to potential users. And you can't expect people to operate nodes at a loss out of sheer faith and kindness, you have to incentivize them. We eventually will have an entire network of nodes providing information (profitably) for every conceivable industry and sector of society, but only when those industries understand the use case; a use case that won't be properly demonstrable without a bunch of nodes ready to go for them.
Final example: You're a bank. You realize, conceptually, that using Chainlink could reduce costs of daily operation dramatically. So you go over to Sergey and inquire about the service. Should Sergey say, "Sorry faggot, you're gonna have to wait until someone out there decides to create a node for you." or "Yes, we have a working network of nodes right here ready to go."
Just buy Link and get rich faggot, it's not that hard.
im the retard their incentivization has been up for one month good try increase your reading comprehension skills try with a book first
Gavin Rogers
You can have multiple third parties (Oracles) verifying the source data, and have all of the data be processed through SGX. it's decently decentralized, although yes the initial source is centralized. The solution is to gather many sources of the data from different parties to verify its legit
Adrian Mitchell
Someone ban this handicap
Logan Harris
your point is exactly my concern theyre not incentivizing all node operators theyre picking and choosing node operators that they have previous relationship with look at the oracle contracts on etherscanio onely 4/11 are being paid to run
this is not good and exactly your point
Alexander Martin
You can run your own node though ?
Jose Green
of course it's fucking not retard It's a pre-mined ETH token.
Chase Stewart
trust me this is not the case
Jaxon Wright
yes they have 350000000 tokens that they are not using for what they said they would be used for
link community needs to raise this concern
Alexander Walker
So how much should they be giving every single node "operator" you communist niggerfaggot?
Gotta put all those tokens to use, 1 million a month? 5? Those elitists arent gibbing me, errr I mean them, free money fast enough.
Not like Google, Amazon, Microsoft, Oracle, Swift, and hundreds of other billion dollar companies dont exist. Lets give some literalwhos 10million tokens a month to run a beta testnet!
I don’t need multiple parties validating data if it’s encrypted and contract can validate using public keys . Could even rotate the keys for pennies
Adam Bennett
WHY ARE THEY ONLY INCENTIVIZING KNOWN GOOD FAITH ACTORS WITH LONG WORKING RELATIONSHIPS AND PROVEN TRACK RECORDS OF UPTIME AND TECHNICAL KNOW-HOW TO MANAGE A CRITICAL AND EMERGING TECH?
MY MOM IS KICKING ME OUT SOON, I NEED MY NEET NODE TO MAKE ME TENDIE FUNDS