Ari Juels wrote Chainlink's white paper before selling Town Crier to Chainlink.
So Chainlink sold Town Crier to itself. It cost no $. They lied to you.
Ari Juels wrote Chainlink's whitepaper. He knows how valuable Town Crier is. Why would he sell it? Or why wouldn't he sell it to a tech giant for way more?
Because he essentially sold it to himself. He never lost Town Crier.
What'd Chainlink do with the $32M, and why does it need more $Millions by dumping?
LINK scammers never explained this. Check archives.
I'm a developer and I looked over the Chainlink white paper and documentation, as well as the blog post by Google. Here's a few reasons I would not use Chainlink for my own apps:
The current "mainnet" is not decentralized. there's no way to decentrally assess if an oracle is any good or not.
It took them 2 years to basically build centralized oracles, which is extremely unimpressive (and already exists). I do not have much hope for the future or the competency of their engineers.
The white paper doesn't coherently describe how they plan on making their centralized design decentralized one day. They broadly go over their "decentralized" reputation strategies as if creating sybil resistant decentralized reputation is something of an afterthought, when it's actually an unsolved computer science problem. They've had 2-3 years and $30M in funding to actually publish technical specifications for this and instead they decided to build trivial centralized oracles. Extremely worrying. It kind of reminds me of IOTA "we'll remove the coordinator later". No you won't. You don't know how.
News outlet and journalists keep reporting on "partnerships" with Google and Swift. But if you actually read the source for the "partnership", it's just a blog post by Google Cloud that promotes their own service (BigQuery) and shows an example about how Chainlink users can use Google Cloud if they want. In no way is Google partnered or planning on using Chainlink themselves. The Chainlink codebase is extremely trivial to rebuild if Google wanted to get into the blockchain oracle space.
While there's certainly profits to be made by trading Chainlink, I recommend you do not HODL it with the hope that one day developers will adopt it as their source for decentralized oracles. That certainly won't happen.
> What'd Chainlink do with the $32M, and why does it need more $Millions
Preparing to take over the world with world wide partners and preparing to cause the next technological revolution including lawyers to watch over every little step, plus offices in some of the most expensive real estate on this planet, and so on and so forth...
It is all so tiresome
Jackson Gray
Why'd they lie about Towncrier?
William Hall
WE ARE ALL IN THIS TOGETHER
DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!
THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!
VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!
Henry Sullivan
Because it is none of your business. And it also isn't anyones business what really goes on behind the scenes. NDAs all around for a reason.
Wouldn't want the next Gates to steal the next Jobs' idea, would you?
Henry Phillips
This, bunch of frens tried to force it as our coin. We are all in this together
Gavin Kelly
This is true and easily verifiable. Andrew Myers, a technical advisor to Chainlink, is also a Town Crier team member. If they're basically the same people. So why bother acquiring Town Crier? Answer: it's a way of cashing out ICO funds.
By the way, when CL acquired TC, this board was invaded with shills trying to convince people that the news was bullish. That's because Chainlink shills on this board have been, since the beginning, people at Cornell working with TC. Municipal marmalade = Town Crier.
Landon Walker
Oh my god a company still has millions in treasury! they must be a bunch of scammers! I can’t believe they aren’t trying to go bankrupt yet!
