Chainlink's DID solution talks about "selective disclosure", which basically refers to the principle that a user's data is automatically private, but they can choose to share or validate specific information on request (through DECO).This is a massive improvement on current systems where you share all of your information with a large number of providers, who are then vulnerable to hacking.Chainlink's solution also bakes in compliance features, though, so it will be interesting to see how it shakes out in terms of user privacy protection vs compliance proofs. Will they use a carrot or stick model?The carrot model would say "look at all these useful products, you can access them if you set up a compliant KYCed DID." The stick model would be like the UK ID card that is being proposed, "We will cut of your ability to buy food if you don't get it".How it shakes out will have immense consequences for life in the 21st century.
shut up faggot
>>61172225fbfp
>>61172225>>61172228Kys
>>61172225>>61172228Chainlink won
>>61172215Ok but when the fuck will the token pump
>>61172248I have no idea bro. Listening to Sergey say at the Fed that "we're going to see big changes in payments over the next 2-5 years" didn't exactly inspire FOMO in me.
>>61172215Imagine running a DID on anything other than BTC. Ordinals wrecked everything outside of bitcoin. Nothing outside of bitcoin even really exists
>>61172265>Listening to Sergey say at the Fed that "we're going to see big changes in payments over the next 2-5 years"He said 2-5 years of a hybrid traditional-tokenized financial system before it goes fully tokenized.You absolute moron.
>>61172472I don't think 2-5 year timescales, no matter how grand the pronouncements, drive modern markets in the way I want to see LINK get driven.
>>61172478Modern markets are driven by future promise much more than current situations.
>>61172239how? It's trading at a lower price than 2020 lol>Inb4 I don't care about the price only the tech!sure you do
>>61172493>how?In every single way except the speculative price.Which is of course easily explained.
>>61172493>t. 36 and financially unstable
>>61172225Based globohomo hater
Can you shits not contain yourselves to a fucking general, no one wants to read about your nothingburger news and updates that shit up half the catalog
>>61172523shut up faggot
>>61172523General is called /biz/
>>61172496>muh rank 12 crypto is suppressed.....by le whalesokay I totally believe you now>>61172496i'm 24 you disgusting schizo lol
I just checked twitter and chainlinkgod is really riled up
>>61172472>He said 2-5 years of a hybrid traditional-tokenized financial system before it goes fully tokenized.>You absolute moron.i know you just bought yesterday but as someone holding since 2017 fat boy just admitted to this taking another ten years.
I think I’ll just buy more LINK tokens. What else could I invest in?
>>61172697idk stocks?
>>61172647Sergey:>there will be a transitional 2-5 years with a hybrid tradfi-defi systemanon:>HUURRRRR THAT MEANS ANOTHER TEN YEARS
>>61172707>2-5 years>dumb dumb cant look at factual history to determine future outcomesdont forget faggot. it takes them a year to theory craft then two to code it, then another yeat or two for audits.
>>61172265>>61172478>>61172647HAHAHAHA YOU CAN'T BE SERIOUS WITH THIS SHITThe standard investment scam is just perpetually creating bullish news for your business to bait retail into fomoBUT SERGEY TAKES IT A STEP FURTHER AND MAKES BULLISH UPDATES THAT WILL TAKE 2-5 YEARS TO DEVELOP HAHAHAHAHAREAD THAT AGAINTWO TO FIVE YEARS>IN TWO TO FIVE YEARS WE'LL MAYBE POSSIBLY START SEEING FOUNDATIONS BEING BUILT TO ENABLE SOME GROUNDBREAKING DEVELOPMENTS TOWARDS A BETTER FUTUREHAHAHAHA
>>61172709Chainlink has been ready for mass adoption for a long time now, it was always up to the corpos.Sergey's been saying this for years.
>>61172712>TAKE 2-5 YEARS TO DEVELOPTo develop what?
>>61172728WAIT 2-5 YEARS TO FIND OUT HAHAHAHA
>>61172757During those 2-5 years Chainlink adoption will explode.It's already started.
>>61172762>During those 2-5 years Chainlink adoption will explode.Damn that's crazy, so what have they been doing all these years until now?>It's already startedI thought it's already been starting. Maybe it'll start in 2-5 years? On the plus side you'll have plenty of time to accumulate, just keep buying bros
>>61172775>so what have they been doing all these years until now?Gaining explosive adoption in Defi, and this >>61172715
>>61172775It might sound outlandish to you, but first you have to build the product before customers can integrate the product. Creating a suite of multiple products on top of a network you had to build first, takes even more time. Crazy stuff.
>>61172785What's stopping them from gaining explosive adoption in Defi for another 5 years? Or 10 years?
>>61172791Sounds bullish, I feel like I'll miss out soon if I don't stack up on link this instant
>>61172797You do you. I don't see how that affects me.
>>61172807Yeah we'll see how it plays out. At the end of the day everyone's just doing what they think is best. Good luck
>>61172715no they havent. we are still on v.02 of staking(need to write the code and audits for that)they are not ready for shit. how are you actively refusing the truth?
>>61172791>creating products that have zero demandI refuse to believe you people are this retarded, you're all paid shills
>>61172813You're acting like staking is an absolutely essential part of Chainlink.It is not, which is why it wasn't even in the first whitepaper.Chainlink's current infra has already secured hundreds of billions with great success. They've been ready for tradfi for many years now.
>>61172818you cant have it both ways. its either the price is shit because the project is shit or the price is shit because staking isnt fully out because their is no demand, which one?
>>61172829>You're acting like staking is an absolutely essential part of Chainlink.thanks for proving fudders right and admitting token not needed
>>61172818>products that have zero demandYou might wanna have a look at Defi right now.Or visa, swift, dtcc, S&P, Deutsche Boerse, JP Morgan, ...
>>61172832who are you talking to?
>>61172835The token has been needed and used for literally everything since May 31, 2019.
>>61172836the other guy said that they are building the products, you're now saying they're using the aforementioned unbuilt products, can you people keep your bullshit straight?
>>61172847You said Chainlink products have zero demand.(Chronicle is also Chainlink btw)
https://daweek.org/resource/the-future-of-digital-assets-according-to-blackrock-and-chainlink-new-york-2025/8:00 if you are still wondering about the very needed token
>>61172851so are they building shit or everything in their suite is built already?make up your mind
>>61172859Who said everything is built already?Your little childlike mind can't comprehend a company that has products out that are in extremely high demand, while also still working on more products?
>>61172847They HAVE been building the products. You asked: >Damn that's crazy, so what have they been doing all these years until now?They were building. Sergey's 2-5 years comment speaks on adoption. These are 2 different things. It surprises me that you are struggling with this.
>>61172857Nice, actually good info
>>61172862how are they in extreme demand when the erc is dying?the other guy acknowledged this his justification was LACK of the productsagain, make up your mind
>>61172867that wasn't me, learn2id
>>61172880>how are they in extreme demand There's zero doubt that there's extreme demand.
>>61172859>chainlink is the current literal oracle monopoly>chainlink is gonna be the institutional financial data provider monopoly soon (S&P Global and deutsche börse are only the start)>chainlink literally announcing features and products while most cryptoshit projects are staying still JUST in the last 1 yearit's so easy to buy in. It is so fucking easy, you gotta be either retarded or a normie to not see what is coming
>>61172890the erc is shitting itself for 6 years, there's your doubt>>61172893>monopoly of vaporware>gonna be >soon>announcing features you're legitimately retarded
>>61172888Point still stands. You're pretending that building an ecosystem is binary, either it's unfinished and can't be used or it's finished and can be used. What is the purpose of pursuing such an easily dismissed argument? Just bored?
>>61172904>the erc is shitting itself for 6 yearsBecause btc shit itself on every Link announcement and pump for 6 years.Meanwhile literal ghostchains, memecoins, and scams like BNB, XRP, ADA, Doge populate the top 10.Really makes you think.
>>61172904>vaporwareMost of defi runs on Chainlink.
>>61172225best first reply i've read. it perfectly summed up my thoughts on the matter
>>61172912btc is at all time highs, you're delusional apart from retarded>>61172922great, why is the token dying?
I remember Fan Zhang 'productizing' DECO like 5 years ago.
>>61173044You're retarded.
>>61173052>LINK at $17>BTC at $100kyou're trolling me now
>>61173056As long as Link isn't going up, Bitcoin can pump as much as it wants.Pic very related, you can see Bitcoin ratcheting upwards, while at the same time keeping Link under $23.
>>61173069>As long as Link isn't going up, Bitcoin can pump as much as it wants.>Pic very related, you can see Bitcoin ratcheting upwards, while at the same time keeping Link under $23.keeping LINK under $23funny how incels say kept under this range while smart money’s been Houdini-locking every dip. suppression is just accumulation
>>61172922No one here cares, retard, if the price is dying. How is Chainlink's role in Defi helping your life at all?
>>61173333>hurrrr why didn't Defi adoption pump Link?????????????Because pic, retard.Checked.
we need less deranged fudcuck seething in this thread and more questions regarding privacy protection vs compliance proofs. LINK could actually be the ark that we need to leapfrog globohomo digital identity/owning nothing/total surveillance society (like china). All the proposed "fighting terrorism/cp/money laundering" privacy nightmares could be rendered completely irrelevant/exposed as gross abuse of user privacy, if there were to emerge a useful and decentralized alternativewhat if LINK is actually the weapon that destroys the globohomo panopticon?
>>61172843>6.5 years since mainnet went live>mfw even when mainnet went live I felt like I had been holding a long time
>>61173399no one cares about any of those buzzwords son nor will they make you any moneyfor many boyscouts, the realization of a missed bullrun has really started to set in this month now the brutal slow grind down starts
>>61173399Maybe it will destroy the current globohomo initiative but I don’t think it will destroy corruption in general. It will just shift the paradigm to something new. It is pretty crazy how much it’s going to change.And yeah, the fud is best ignored. They refuse to ever acknowledge this phenomenon >>61173052. The only angle they have is derailing discussion.
>>61173349>april 2021I seriously doubt you're so schizo to believe thisPlease consult a psychiatrist if you believe Bitcoin dumping -4% is part of a conspiracy to destroy Chainlink
>>61173333>How is Chainlink's role in Defi helping your life at all?it has kept my funds safe from hacks for years nowi call that considerably helping my lifeyou seem to not understand that link is the one thing underpinning the entirety of defi atmwithout link the whole space would be crime central
>>61172215Bullish for Redstone oracles.
People don't realize how big DECO is going to be. You'll be able to bet on anything observable, and you'll be able to make money by observing real-world events and reporting on them. And that's just one use case out of many.
>>61174730>entirety of defi atmdefi is fake, everything is spoofed and the chains/l2 that cant afford to bot are dead. Stfu
>>61172215this goes well with an decentralized identity structure where institutions can choose the oracle nodes.chainlink has strata of nodes that are at different risk levels and different data options.There's a public Chainlink and a private Chainlink. The public will always be more trusted but some data is better on private.
>>61178194https://streamable.com/48ep8qhttps://streamable.com/pfh31t
>>61172225BasedOP is an autistic faggot who cannot read the roomEverybody knows chainlink is useful and good. Nobody gives a fuck if the PA doesn't reflect it. Chainlink is literally suffering from success at this point. They've flooded the mainstream with so much good news that the lack of PA unironically makes the good news worse for the token. It's gone from>dumps 2% on good newsTo >pumps 5% on good news then null-shits itself 15%-20% 12 hours later when liquidity thinsI actually have developed a seething irritation with either dumb fucks or paid shills as I believe they're only actively contributing to the dumping or near term dumps of the token at this point
>>61172225got em xD
>>61178461idk if this is true or not. Tokenomics are still shit, retail wont buy unless there is a reason too. Just look how hyped twitter fags got off of the buybacks.
>>61178786>>61178797>>61178853am i going crazy? did i type this two other times?
>>61178461>Nobody gives a fuck if the PA doesn't reflect it.Uhhhhh excuse me, I do.Along with most others who hold the LINK token
>>61177895I'm looking forward to finally recreating Uber for Web3.
>>61178786>>61178797>>61178853>>61178923>>61179213bots
>>61178461>paid shillsYou're an absolute retard if you think they pay people to shill on 4channel out of all places. If they paid for shills they would pay for actual influencers with big audiences and we'd be rich already, they wouldn't preach to a few neets on some obscure forum
>>61179243>You're an absolute retard if you think they pay people to fud on 4channel out of all places.
>>61172215Even if by some miracle chainlink moons and we all make it, we're gonna be over 40 by then and still ugly. The door on a young trophy wife has closed forever. It's never been more over than it is now.
>>61179243>who is CLGPlease just stop
>>61179535I am 56, it is over for me. My dick barely works now and will not be working if and when link moons.
>>61179213>Tokenomics are still shitThere's nothing wrong with the tokenomics.
>>61181344CLG isn't paid to anonymously post on 4chan
>>61179535>tfw 25y
>come up with idea, start posting about imminent release before it’s even built>send out word to influencers and speak at conferences about this new idea will change the face of finance. create hundreds of diagrams>release test version while putting out pr about it being “live”>release another test version after pr about mainnet being “live” for certain whitelisted users>repeat above for general public>comment publicly acknowledging that current usage is low, but just IMAGINE if it did 1,000x from now. Provide no information on how that would be achieved>after a few years, dismiss any criticism of low usage. Tell detractors they know nothing about creating secret software and testing phases will be completed shortly. Provide no timeline for completion>create calendar reminder to tell cult they are still early once every quarter>lastly, start moving attention onto next idea, letting the current one fade into the background. repeat above steps
>>61181556>release mainnet>completely dominates Defi within a year>release CCIP >Swift starts using it>release CRE>UBS starts using it>release DataLink>S&P and Deutsche Börse start using itYeah, you're a retarded spazz lolAnd best of all: all of the above use the Link token for node payment, zero exceptions.
KEK THE brownoid gang is here in full force
>>61181458the fuck literally uses > on his posts to represent quotes in the same format every faggot here does. Dont even get me started on CB the cowboy cosplayer
>>61178958On-chain identity is key.
>>61182036>deco prover>operated by financial institutionWe're so close to working digital IDs, all other crypto projects attempting this haven't had near a tenth of the close relationsships that chainlink has with the gov and financial institutions that I actually believe chainlink might be able to do it.digital identities always failed because there was no initial trust provider (governmental/institutional) because those central trust providers couldn't prove ID without compromising privacy but now we canI'm so ready for the full globohomo system guys, I'm unironically for a fully digitally tracked antichrist world where insurance rates are calculated at executed the millisecond my car hits another car because everything has sensors in them and is tracked by blockchain
im sure the $50 in fees generated by this monumental breakthrough will offset the weekly $10 billion dumps
>>61179535>Even if by some miracle chainlink moons and we all make it, we're gonna be over 40 by then and still ugly. The door on a young trophy wife has closed forever. It's never been more over than it is now.the only way chainlink moons again by following the exact footsteps of core with houdini. privacy is piking up steam anonfags.
>>61181619price?
After nearly a decade of holding i finally sold yesterday. I finally feel free
>>61182502grats
>>61181619how does any of this help retail investors like you?
>>61182486>try to fud fundamentals>get absolutely asscreamed>"p-p-price??"every time>>61182508Read the last line: "And best of all: all of the above use the Link token for node payment, zero exceptions"
>>61182525>Link token for node paymentthis was debunked ages ago though, there is a reason it never pumps on positive news
>>61182777Nodes can literally only deliver the data if they're paid in Link at the same time.The data < > payment swap happens in a single transaction, and you can only use Link to do this.Big check though
>>61181619>And best of all: all of the above use the Link token for node payment, zero exceptions.the node operator then sells it right back into us dollars so it's basically pointlessit's like if at a store the customer pays in dollars. the store owner pockets the usd then hands a special rock to the salesman employee for working on that particular transaction. the rock is worth the market value in usd of that service at that exact time, but by this time tmrw, could be worth 30% less. so the employee rushes over to the bank to exchange the rock back into usd
>>61184116Huh, wow thats curious, because that sounds a lot like XRP to me bud lmao
when a link cult member starts talking about this token being used, they probably think they sounds like some geniusthe reality is they sound like this: https://www.youtube.com/watch?v=cyxxE1AcUSM
>>61184158i don't know enough about their token but it's probably some similar scheme the difference re token price is, they have more buying pressuresee this explanation, especially the third point
>>61182525and you bull cucks never have a response. The price is the only thing that matters
>>61184116>the node operator then sells it right back into us dollarsSo exactly like Bitcoin miners?
>>61184184>Normies dont buy link and rather invest in doge and xrpAnd youre totally right in that and you have to know that if link goes to $1k, this board wull forever be haunted by the smile of smug linkies
