What is chainlink?

please dont make fun of me

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Don't ask questions, even a basic understanding of chainlink will make you susceptible to the FUD so you might sell. Just buy and HODL till 1k eoy is true. Godspeed

the technological equivalent of aggressive homosexuality

>2 years

it's like an ethernet cable but for crypto

don't buy it ethernet cables aren't even expensive

A blockchain contract designed to solve the oracle problem. You send a request and pay 1 LINK, node parses the request, is awarded 1 LINK. Super simple token.

Refer to it as stinky linky. It's the true name and everything you need to know.

ITS A SCAM

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It's a blockchain that lets outside data be sent to smart contracts. Also known as an oracle network. Augur has proven that oracles don't work for decentralized systems since unforeseen circumstances happen too much.

In other words: if you need an oracle, you might aswell just build an app and connect to APIs yourself. It's free and there's literally zero need for a smart contract once you connect to internet APIs for data.

A tool to make sad frogs rich by 2021.

It's a sex position in which a bunch of dudes stick their dicks in each other's ass making a full circle.

Wouldn't LINK need to be super cheap then? Or do you not actually mean an entire LINK token?

Sergey in a way created the token as a digital replacement of a complimentary "thank you" cup of coffee, not even joking. Technically, yes, if LINK becomes too expensive that won't be good news for Chainlink as a service, but good news for people who bought into it.

Its a type of fence

its an oracle

an oracle is um like this thing that automatically pulls information or something

but I mean does the "thank you" HAVE to be an entire LINK token or can you pay less when you make a request?

if it's not clear I don't really understand the technical side much at all

why cant anyone just give me a straight answer. im so tired of peeing in water bottles so that i dont wake up my parents in the middle of the night

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Literally explained it here

It's not a blockchain brainlet

if it's so self evidently a dumb idea then why hasn't it collapsed to $0 already?

I'm guessing there's an answer to what you said here but I don't know enough about it

we will tell u what it is when we reach 1k

White paper states that it's supposed to be 1 LINK. There's always a chance that this will change in case the price is too high, I guess, it's an ERC token, their properties can be adjusted on the run, but it would be against the original design and intended use.

pee pee poo poo

TRON is also a fundamentally bad outdated Ethereum fork. So are HPB and Vechain. All have a big market cap. Market cap and price says absolutely nothing about the product.

Its like the internet

unironically this if you're a sub 120 IQ brainlet OP

tbqh the whitepaper is incredibly vague on tokenomics overall

Because it's a fun little project that is interesting in context of theoretical computer science, also people believe that they could get rich with it, which is kind of weird, but, as in every other aspect of life, things have value if people value them.

just kidding i knew what chainlink was this whole time, just so bored waiting

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it will take some more time but we will all make it fren

It's cp

Absolutely baste

He's done it again

BUMP HAHA

based fren

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i will never recover from this bamboozlement

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u got me sirs ha ha

LOL look at this faggot

Coordinated LINK shilling from Discord group. Don't fall for the trap.