"Even after the company’s oracle network is rolled out, it could take five or so years to reach maturity, Nazarov explained. The biggest data providers realize this new model could be good business for them, but they’re not willing to take the jump until they see a decent volume of smart contracts in play. So we’ll likely see smaller and mid-sized data providers move in first, with the rest following later. And the pace at which key data feeds become available will, to a certain extent, dictate how quickly the whole ecosystem is able to develop."
LINK adoption could take 5 years, according to Sergey
Nathan White
Other urls found in this thread:
venturebeat.com
venturebeat.com
observer.com
twitter.com
Aiden Walker
Made me look.
Wyatt Foster
5 years of speculative growth after mainnet. Yes please.
Robert Bennett
Unironically posted the wrong link. Fuck me
venturebeat.com
Caleb Hill
Unironically will kms today
Isaiah Martinez
I can wait 5 years to lambo, will just buy 10k and literally forget about it. Put a notification on for when the price is $1K.
Liam Howard
Strap in boys....in 5 years, it’s happening.
Asher Flores
This is "to mature" + Sergey was just guessing. Who says there won't be massive speculative gains until then? Weak FUD.
Hunter Wilson
$5 EOY 2023!!!
Leo Jackson
Who’s looking forward to 1,825 more nights of “it’s happening tonight, strap in boys” threads?
Ryan Hall
Mate I wasn't trying to FUD, I just found an article I've never seen before and decided to post it here.
Jacob Peterson
You could write a smartcontract to trigger a sale at $1k. LINK literally selling itself.
Robert Lee
Guess I will be DCA-ing up to 10k after all
Angel Martinez
selling itself, like the dirty little whore it is
Nathan Myers
This was to be expected. Whoever thought they would attain a 1000% gain over the course of a year or two is utterly retarded. Bitcoin has been around sonce 2005 if i recall correctly. ETH, 2013.
If you want real organic growth and sustainability. Being around 5 years AFTER mainnets launch is very promising.
Kayden Ross
>Chainlink search bar
Stopped reading there.
Ryder White
>Read the title
>Read the link
>Open it anyway
Why am I so dumb
Gabriel Kelly
Kek. The fire rises.
Jordan Evans
I also found that very interesting. Clearly there's no search bar feature as of now. Maybe something they'll develop later on?
Nolan Ward
i wish i sold this piece of shit when the market was still bullish. it's back to merely 3x presale price, ffs. why didn't i just buy normiecoins like tron and ripple?
Brandon Ortiz
>Bitcoin has been around sonce 2005 if i recall correctly.
I still can't believe people were mining 10 Bitcoins a week on their PS3s back in the day.
Jonathan Murphy
Oh there's a real link. d
Well yeah so what? You realise it took bitcoin 10 years to get any sort of mainstream recognition, you think this shit is just going to explode out of no where?
Take a quick look at the google trends data for "smart contract" vs "bitcoin"
Easton Ramirez
Please read the second link I posted, forgive me my retardation.
Joshua Martin
What you fags dont get is that Sergey is talking about smart contracts development and maturity in general. What he said also applies to every other smartcontract platform.
Once again, without link, smart contracts are not feasible.
Parker Gutierrez
This is not FUD. Sergey is in for the long run. He does not care about your lambo-dream. People like him have a plan and they will pull through with it no matter what. You can cry, you can die, its none of his concerns.
Carson Parker
Who cares how long it takes. Bitcoin is barely adopted and ethereum has no use cases. All we need is banks to come out and say hey it’s chainlink. Also go read sergeys update in dec. 19000 people want to be node operators. How did he get that number ? There’s not even 19000 >100 link owners. All we need is these companies to start releasing shit. The 5 year adoption will affect stock prices in 5 years when they see tangible money affected
Sebastian Taylor
Bitcoin was created in 2009 and people could mine 10k Bitcoins a day with a shitty Core2Duo kek
Jordan Rodriguez
HOLY SHIT
Sergey confirmed main net to be released early october
observer.com
Julian Perry
keked
Carson Perez
sergey should hire these people to do the project....
Jaxson Morgan
Considering no one is using Ropsten (basically a free chainlink for now) is a really bad sign that adoption is going to take a few years.
Zachary Perry
What the fuck user
Luke Price
Yes i thought the same. Its like bitcoin speculative growth for last ten years before it becomes a world reserve currencyand have real utility as currency after lightning.
Bentley Rodriguez
Look at NEO and RIPPLE and TRON and NANO and lot of others you fucking fuding idiot
William Campbell
Grayson Edwards
How many chain links for a proper noose, fellow marines?
Caleb Morgan
>5 fucking years of bagholding
HAHAHAHAHA
So fucking glad I dodged the link bullet. I almost fell for the meme back in February.
Andrew Richardson
Sounds like Sergey has a 5-year plan which is nice.
Year 1 - (11/17 - 11/18) establish mainnet
Year 2 - onboard partners and data providers
Year 3 - grow, become compatible with more blockchains
Year 4 - weather the storm caused by mass adoption and mass media attention
Year 5 - 10,000 / coin
Thomas Hill
So? In one of the interviews from last year on youtube he basically says it takes at least 10 years to see smartcontracts mainstream adoption so its no surprise
That chainlink will take years to moon if it even survives that long