Tfw all link needs is a 10x from here and it will be worth the same amount as eth

>tfw all link needs is a 10x from here and it will be worth the same amount as eth

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100x fren

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>eth oracle token having a higher market cap than eth itself
besides being a retarded impossibility, this would also severely increase the risk of a 51% attack.

You’re the retard. That’s like saying a product can never be worth than the material it is made of.

You understand that LINK is supposed to be a payment for a particular service, right user? If it's too expensive, there's no service.

How so?

Link delusion pisses me off

It is a fucking shit coin.

Dress it up how you want. It literally does the same this any not lazy person can do already by just transferring their crypto to coin base then to their bank


Other coins actually have utility.

What are decimals

Ah, do you also hold FUN?

It's legit a miracle it came this far. It was over valued at 50 cents.

Enjoy the bleed under a dollar deluded linkies.

Chainlink is blockchain agnostic sweetie

No I hold actual ETH. You know. Something that has value not just a biz meme because it's logo is an autistic cube.

>how does game theory work
pow works because the price to attack the network is greater than the potential rewards of it. price increases cause hashrate explosions, so the network security is dynamically scaled to be just secure enough to dissuade potential 51% attacks.
this, however, only works as long as the value of the network consists of the minable network token. erc tokens like link essentially leech of the network here - they enhance the rewards of a 51% attack, but don't increase the cost of attacking it. it's not profitable to attack ethereum to gain eth, but it would be profitable to attack eth to gain eth+link+req if ethereum-based tokens overtook eth itself in value.
>just wait two more years for sergey to port link to an alternate chain
nice first mover advantage lmao.

ETH has value because it enables things like Chainlink. Come on.

it's the other way around, retard. link was literally created to enhance eth smart contracts.

What chainlink is doing is absolutely worth more than ethereum (the public chain). No company is going to use ETH they all used permissioned chains the public chain is only for games and ponzi tokens. Chainlink = TCP/IP, Ethereum = a database.

centralized chains don't need decentralized oracles.

ruthless

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Wrong. Companies will use public ethereum for attestations to data still stored in private clouds. Having data reside onchain is pointless and expensive when you can just publish a small proof. Chainlink will give them the ability to connect these two worlds and provide the qualities of blockchain to their existing data where it currently resides.

they already can, if the source of their data is centralized
they can simply launch their own centralized oracle, that doesn't need wonky LINK tokens to work

Literally retarded. Hur durr my blockchain is centralised therefore i dont mind if the data on it is unreliable/false.

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Fundamental misunderstanding of what link even is. Link is an oracle for ethereum like linux can run on intel chips. Ethereum is nothing but the settlement layer for link

permissioned blockchains consist of kyced, contractually bound trusted nodes. the node is attached to a real name and can be sued if they manipulate the data, so the system doesn't have to use an expensive (cup of coffee per data request) decentralized parser.
funnily enough, the same "staking" game theory also applies to centralized permissioned nodes. the oracle stakes their reputation, business and personal assets - all of that disappears if it gets caught manipulating the data.
eth is both the chip and linux, since it provides both the hardware (nodes) and the software (solidity). link is more like a scanner. it transmits real-world documents to the pc, but is worthless without it and doesn't do any of the actual computing. link is theoritically blockchain agnostic, but porting it would take months, and I don't see eth losing the "only actually used platform token" any time soon.