Hourly reminder that oracles are not needed

from the genius innovator himself. weep stinkies

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Cant wait for linkies masssuicide
All them wojaks

Kek, not even Oracle Corp. needs or plans to sell fucking oracles.

Seriously though. The problem I have with chainlink is what if a bigger team comes along and makes a better product? With how slowly link is moving seems like it could happen.
Thoughts?

>forgetting that all the world's most valuable data is still held off-chain

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Yes because every data in the world will be on a blockchain.
Makes perfect sense user.

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How slowly is the team moving?

I mean the team is basically 2 people, how fast can it move?

this. they don't even have a roadmap kek

Damn, good points just market sold 100k

What about off-chain data?

Yeah, I thought so

Yeah, wake me up when this faggot has a working product instead of an 'idea'. Also:
>Interblockchain
>Meaning between blockchains
So, what about off-chain data then?

bask in the link cope. you heard the man, oracles are n o t n e e d e d. prepare for the BTFOing of a lifetime june 2nd when you see what we're truly capable of.

oracles are needed, but true oracles. chainlink is just yet another rehash of a centralized oracle, completely uninteresting and derivative.

when we see a true decentralized oracle we'll know.

No shit. only xmr is needed.

Answer my question, retard. You might be right about interblockchain data, but what about off-chain data? Do you even know what that means?

june 1st nigger. you're larping right?

Larimer has his own set of issues. Thinks he is going to dust away Etherium, not gonna happen - so nobody really cares.

xmr is 100% replaceable when better privacy tech comes along. you think anyone that needs privacy is going to be using monero if their simple mixing algorithm gets broken?

I don't follow shit projects. That's cool that it's being released in June, but it won't come close to being on the same level as ethereum. Even if it does, eos will still need an oracle for off-chain data.

Typical. Couldn't even conjure up a response. Hourly reminder that your thread is shit and will 404 soon.

>interblockchain communication somehow solves the problem of getting data OUTSIDE of blockchain
Congrats on this. Seriously.

Kek, imagine people actually throwing away their typewriters. Don't that know that hard copy can't be hacked remotely?

Well, it's not as if some bagholder for a shitcoin is going to say anything to the contrary...

Brainlet tier thread

anyday now....anyyyyy day

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if interblockchains make oracles obsolete and project like ChainLink useless im in deep shit.

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it's guaranteed to happen, either monero gets broken, or a significantly better privacy coin or better yet, token, gets released and monero usage drains up. the question isn't if, it's when.

right now, it's the only privacy coin worth using by a long shot, but it's also the most replaceable.

sorry, I don't spend 100% of my time lurking biz and spamming link threads like most of your kind. DYOR, if you aint all in on eos there's no saving you

You're fucked when they release IP obfuscation and Kovri project finishes. Bulletproofs and ledger hardware wallet support. XMR is as solid of a project as it gets if you want to gamble go to the casino and put it all on black. Fuck outta here brainlet.

even if it doesn't, chainlink is still a worthless oracle. centralized oracles are simply unnecessary, which is why any centralized oracle project doesn't try and hide the fact that it's centralized like chainlink does, and most of the real research is into market based decentralized oracles.

we already have signatures, it's what makes blockchains possible. we don't need to badly reinvent them with a decentralized network that serves no purpose when the oracle is still a single point of failure.

i dont know what point you're trying to make, yeah, monero is a solid project, but it's not a safe place to store wealth, it's a decentralized mixing platform. your money should be stored elsewhere, and the best privacy coin at the time should be your checking account.

>gamble
im exactly not gambling by storing unsafe amounts of money in a niche single purpose coin, just using it as it's intended.

So you don't know. It's a simple question, should be easy to answer.

You're going to be able to decentralize not only the oracle but the data points themselves. I'm probably taking the b8 there is no way you're this dumb.

Here answer this, it's a little more your speed: do you know what off-chain means?

>Decentralized oracles are useless
Proof-read your shit more, it'll make you look less like a retard. You kept writing centralized instead of decentralized.

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>off the chain
slang for crazy or wild
next

Alright, you're a fucking idiot. You don't know which is why you're being a smart ass, maybe you should dyor and realize eos still needs an oracle.

are you still trying to argue with larimer himself? oracles are useless.

good luck interfacing with offchain data apis. This method would require a resign of infastructure. The whole point is that noone wants to spend any money revamping entire systems.

Satoshi though dan was a fucking idiot. He told him to literally fuck off and if he doesn't get it then he doesn't have time to explain it to him anymore.

who?

This. So many newfags fudding link who never even read the og bitcointalk transcripts.

Larimer said his blockchain, eos, wouldn't need an oracle to interact with other blockchains. Now, for a dribbling mongoloid that might seem like it means oracles are useless, but he didn't say anything about off-chain data which is far more important. Eos still needs an oracle to interact with real world data. I'm done replying, this is clearly over your head which is very sad. Goodluck with the upcoming crash in June, remember to sell low.

feels good seeing so many idiots around here. Anyone else /comfy/?

Very

this is the competition
who else /all in/?

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