blog.ecxx.com
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Adam Murphy
Other urls found in this thread:
lawsnap.com
blog.chain.link
thepaypers.com
fc-ssc.org
bis.org
finadium.com
twitter.com
Nathan Roberts
If this is link it will be huge. If not i necc.
Samuel Morris
Can you give me an example of another solution?
Anthony Bailey
To neccing myself? Well option B is necc myself upon taking an enormous huff on DMT so i can astral project to take over Sergey's body wherein i will embarrass his legacy by being a feeder camboy for the rest of his life.
Austin Mitchell
I meant another oracle solution.
Colton Ross
DELETE DELETE MODS MODS I KNOW YOU ARE INVESTED YOU CAN BUY MORE JUST DELEEEEETE
Zachary Jenkins
If this isn't Chainlink I'll eat my own dick
Andrew Green
Just centralized APIs for the individual needs.
Isaac Lewis
The US government is planning on bombing witnet headquarters in the coming weeks. Witnet being the TRUE decentralized oracle solution.
Kayden Cook
Essentially limiting the transformation of large industries such as the derivatives or insurance industries, since there is a certain threshold where there is more to gain from acting as a bad oracle than being a good one. This is why those big industries will only use decentralized oracle networks for their contracts.
lawsnap.com
"Smart contracts are estimated to decrease individual loan costs by 480-960 USD and generate savings of 3-11B USD in the US and Europe combined. If we had had smart contracts back in 2008, the increased access to information could have mitigated the debt crisis."blog.chain.link
fc-ssc.org
finadium.com
It will save them millions. They can wipe out the back office of useless workers signing off on things with self automating smart contracts. Lawyers lives will become much more efficient because many parts of their legal contracts will become automated.
Jason Murphy
In other words it would destroy the useless parts of businesses. The people signing off on papers and all the stuff that includes repetition will be automated. Saves a lot for companies. Essentially we live in a probablistic world where there are no absolute guarantees of a contract being fulfilled. Smart contracts are deterministic, and the first users will be reinsurance, credit default swaps, basically anything with large amounts of money and low degrees of trust.
Think about how it works now if someone buys a credit default swap: right now their options are to buy the swap knowing that the writer will do everything legal under the sun to delay payment in the event of a payout in order to secure a position first. (this can be seen in the movie Big Short for example) From the perspective of the purchaser, losing even a month or two on that payment could end in your business becoming insolvent. Right now, the only options are to buy the swap and take the chance or go naked since there are no entities that you can trust, no matter how many lawyers you hire. The first people to use cellphones were the ones who could afford $20 a minute because they made more money off that communication advantage than it cost them. Chainlink is just like any other technology: it takes something expensive and makes it a lot cheaper. Every other tech follows this path: the people already paying huge amounts for that thing buy up all the early uses and then things trickle down
Isaiah Ramirez
Nathaniel Fisher
i am considering suicide if this has nothing to do with chainlink.
Wyatt Martinez
I almost feel sorry for the next thread I’m going to make. Almost. This one will be very painful.
Wyatt Robinson
Fuck off kramer. Post your info or get.
Camden Moore
nice crumb
Leo Foster
>This one will be very painful.
4U
Jaxon Miller
Get fucked uncle
Hudson Price
post it or shut the fuck up tripfag
Ayden Butler
You need to get right with the Lord, heathen. Start reading the Bible.
James Moore
Based
Ethan Peterson
This is actually Quant. Whether you like it or not
Joseph Green
Faggot nigger slave.