fuddies are now deceased
>>62290072My bags...
>>62290072Dump ze BTC!
>>62290072Best I can do is -0.75%
>>62290072Price.Chart.
I don't think this effects the fuddies in any way since the argument has been that this doesn't involve the actual token itself since CLL has managed to rework its business away from the token
fuddies will just say 'price, chart' and i will get depressed and hide the thread. nothing even matters anymore
fuddies will never be defeatedthe token pricethe chartthese are our weaponsand their blades never dull
>>62290134This might be the worst FUD narrative so farKek fuddies
>>62290072>swift and dtcc going live *crickets*>robinhood going liveok lg time to moon guys
>>62290072What does this mean for the mentally ill?
>>62290134Lying kike spotted
>>62290072has robinhood announced a launch date for mainnet?
>>62290072Ok.... but... uhhhh.... price??? Oh.... and.... chart???
>>62290134>CLL has managed to rework its business away from the tokenEvery single thing CLL does involves the nodes, and the nodes can't work without the token.
>>62290072I should buy more stinkies.
>>62290602every single thing chuck e cheese does involves the attractions, and the attractions can't work without the token
>>62290167>>62290229>>62290602>and the nodes can't work without the token.It's just a reward for node owners. They can operate without it, but without the 'reward' (payment) they'd just stop running them. Technically anything can be the reward, it could be swapped to ETH pretty easily.
>>62290633And ETH gas fees could be changed to stables or LINK pretty easily
>>62290649Doesn't have to necessarily be ETH, stables would honestly be the better choice overall.
>>62290633>It's just a reward for node owners.So is Bitcoin.>>62290630Now apply that to Bitcoin.If you take away the coin, there's no need for expensive computations. Nodes just take turns proposing blocks and people can just send state proofs around.Of course everyone participating in the network would have to be honest though.
>>62290661>So is Bitcoin.Bitcoin is PoW, link is PoS, that's not the same at all. And link isn't being used as liquidity for anything the nodes are doing. It can be swapped for anything and still operate. Now there is zero chance if the happening anytime soon, mostly because chainlink(the company) probably has the majority of their funds coming from the reward token's value. But if that should ever change, it could be swapped easily and i imagine that was by design. I assume the idea was to sell the company off after some point, but it's been very slow going.
>>62290661chuck e cheese could ditch the token and accept dollars with no loss of functionality. chainlink could ditch the token and accept eth with no loss of functionality. the issue doesn't arise on the bitcoin blockchain, because free to create shitcoins are not supported
>>62290692>>62290694If you removed the coin from the Bitcoin blockchain transactions would be instant and free.The entire world could log their data in real time and it wouldn't cost a single dime or burn a single watthour pretty much.And all it takes is for everyone involved to be completely honest.I mean if institutions can omit the coin in their DLTs, then Bitcoin can too.
>>62290703Is this ragebait? You're describing blockchains that already exist.
>>62290703the comparison is between having a useless token or using the native coin directly, not between using the native coin directly or not having a native coin at all (which is not realistic, as you noted)
>>62290717>>62290721Read the last phrase in my post, dumbass.
i hate linkyeah i hate linkfuck itEVERYBODY HATES LINKITS THE WORST THANG EEEVERRRFUCK EM ALL YEAHchainlink labs? thats where losers workgot more respect for high school teachers lmaohate 'em all yeahthink they're worthlessthink they're dumbthink they're homothink they're numbthink they're stupidthink they're awfulthink they're patheticthink they're WRONGFUCK EM AAAAAAALLLLLLLLLL
>>62290729I don't think you understand the difference between PoW & PoS, that or you're trolling. Either way you're retarded.
Every single stock will be tokenized and traded and use Chainlink. Eventually every transaction of currency and data worldwide will use Chainlink.
>>62290734PoW and PoS are both Consensus mechanisms that use native coins to pay for network security.They both slow down the blockchain and expend resources wastefully.If you remove the coin you have no need for such mechanisms, and nodes can just take turns proposing blocks.The distributed ledger instantly becomes free and blazing fast. And it's been proven to work, just as Hyperledger, Corda, ...
>>62290746>Every single stock will be tokenized and traded and use Chainlink.really? wow. sounds awesome. surely chainlink token will go up in value then? oooor maybe not? cuz it's just a homosexual funding token.............?
>>62290072Y-yeah b-but price, a-and chart!
For the niggers in this argument, here's is the buck breaking FUD Chainlink nodes provide data.Institutions want data.Institutions don't care about LINK.Institutions could pay in dollars or stablecoins.Therefore LINK is unnecessary.Therefore LINK's price should not rise much.
So the price is going to go up now, right?
>>62290818I literally don't care about any more adoptions or partnershipsheck the world could announce chainlink sucks and is over and if the price goes to $200 I'll be happyif the world adopts chainlink and everyone gets chainlink tattoos and chainlink is every other word anyone says and sirgay has statues in every town but the price is $5 I literally won't care
For non-buck broke statusChainlink's newer architecture increasingly uses LINK as collateralNodes stake LINK Therefore LINK acts as a security bondMore usage = more nodesmore nodes = more LINK stakedMore LINK staked = Less circulating supply= = = = Number go up
We all know CCIP generates a few hundred bucks a day rn. The bet is on this ramping up biggly when things go live. I would not wish to be the guy who gambled on 'it won't ramp up'. I'm betting it will. We all know it will.
>>62290747solving a problem you don't have wastes resources, keen insight anon
>>62290860I also bet, as I'm typing this, some cheapskate is typing out a load of bs about how crap my bet is. Yawn.
>>62290844less circulating supply = more tokens dumpedall tokens dumped = next token created
>>62290882Demand or nodes would need to outpace
>>62290882Lazy
>>62290897as long as people are willing to give them money for their tokens, chainlink will continue selling tokens. it's their main source of income by far, selling tokens is their business model. letting the token price increase for a while without dumping tokens is a marketing expense to attract more customers (token buyers)
>>62290902i wouldn't say that. the difficult part is convincing people that they should give you their money for your tokens. it requires careful marketing and knowing their target audience, being early helps though
>>62290907That is more or less the current and apparent situation, but we're talking about the future MartyBroken buck: Network adoption is just a story used to sell more tokensHappy nigger: Token sales funded the network's growth. Future value will come from network adoption
>>62290127>>62290810going up!
>>62290921the current situation has been going on for nine years, what's their incentive to endanger the gravy train they are on? don't hold your breath
>>62290938The incentive is more money so please don't be retarded, and I don't really care either way. I'm not all in on this nebulous fodder for schizos.
>>62290938>CCIP revenue won't go up when everything goes live bc it would have gone up already if that was the case These people should discover hobbies.
>>62290072Did anyone else do robinhood testnet for any airdrop?I haven't done any airdrop farming for years as it all got filled with utter shit to the point you had no clue what was a complete waste of time.
>>62290814Costs more not in Link and gets coverted to Link anyway
linkies will always be known as the evil ones
>>62290072Does this profit token holders or chainlink labs?
>>62290694>forcing everyone who uses your network to deal in the premier fuel of NFT pump-n-dumps rather than limiting participant risk/reward to activity which can only happen on your ultra-fair, meticulously-planned, massively-adopted infrastructureyou could remove your brain with no loss in functionality
>>62291327p+c bitch
>>62291463You just opened a thread about this. Nobody knows what p+c is you absolute schizo.
>>62290757That the best you got? Really?
>>62290072If stellar got same news they’d pump 200%, I am just going to invest in stellar. Chainlink doesn’t pump its token, all profits just go to CLLs
>>62290844>newer architecture Bullshit. Post proof or fuck off.
>>62291327why did they build their "ultra-fair, meticulously-planned, massively-adopted infrastructure" on the "premier fuel of NFT pump-n-dumps" then? participants still need to use eth, but they also need to use the shitcoin. getting rid of the shitcoin would be a huge simplification
>>62291803>getting rid of the shitcoin would be a huge simplificationGetting rid of ETH would be too.It would instantly solve all scaling issues as blockchain writes would be instant, and Ethereum would be free.
>>62290860
>>62292003we like to call them cuckolds on /biz/ for a reason
>>62291990it would also introduce the double-spending problem, rendering it completely useless for public use. private chains are great, don't need chainlink for those. might as well just use a database at that point though, no need for security theater
>>62292374>it would also introduce the double-spending problemNo, it completely removes the double spend problem.Firstly because transactors would never try to double spend, secondly because nodes will simply agree to only honor the youngest of the double transactions.Private chains would not work if removing the coin introduced the double spend problem.
>>62292374>don't need chainlink for private chainsL-M-A-OPretty much every single bank and institution openly working with Chainlink wants to use it for their private chains.Holy fuck you're stupid.
shillers>will>want>shouldfudders>9 years in, nothing's happeningsorry, I think I'm on the fudders with this one, the only retort the shills have is >wait for x bro!but that's been going on forever, the x catalyst is never coming
>>62292410He knows, he's just being disingenuous
>>62292441>>9 years in, nothing's happeningChainlink took over crypto and is the top dog in institutional adoption.
crypto and DeFi is dead, and institutional adoption hasn't progressed beyond pilots, testnets and announcements of announcements LINK is also trading 5% higher since the 2017 Binance listing ATH in satsyour only retort is always>just wait x amount of time bro!!>the market is simply retarded dude!!sorry, I think the fudders are absolutely right at this point
>>62290844>Nodes stake LINKOn a single price feed on a single network for 3.5 years
>>62292453>crypto and DeFi is dead"Chainlink bad because crypto bad">institutional adoption hasn't progressed beyond pilots, testnets and announcements of announcementshttps://www.dtcc.com/news/2026/may/12/dtcc-collaborates-with-chainlink-to-advance-24-7-collateral-management"expected to go live in Q4 2026"
shills>Chainlink took over crypto!!!1but anon, crypto is shit, that doesn't mean anything>reeeeeEEEEEeeeEEEEEEEElol>expected>Q4 2026yeah, like I already said twice ITT, your only retort is always>just wait for x bro!!!!!
>>62292468Why are you trying to fud the very concept of "future events" just to badmouth Link?"Wait for future x" is what investing and speculating are about: you buy low and wait for it to go high based on the growth of the product or company you bought.Fuck, even gambling is all about "wait for the roulette ball to hit my number".Seriously who the fuck do you think you're fooling here on this dead board?
>immediately resorting to spergingpic relshills keep doing the carrot dangle thing every year, and retards keep falling for itit's always x months awayafter almost a decade, it's completely logical to start questioning the shills motives, and look how they respondkeep lashing out lil fella
>>62292410if you control all the servers and clients are trusting each other, no blockhain technology is necessary, just use a database and resolve conflicts in any way you like. that's why none of the chainlink proof of concepts ever leave this stage, there is no advantage over fifty year old tech. once there was hype around blockchain, that's why companies shoehorned blockchain tech into everything, same as with ai today. that time has passed
>>62290072I think there is a lot going on with the West now that indicates a lot of big changes are coming in the near future, none of them good.I think that Link is going to play a big part in those changes and it's quite possible that it's going to be the equivalent of say Nvidia in 2016.
"Carrot dangle" is an instant give away that you're talking to a frustrated xitter faggot that got blocked by everyone on there so they come here to get their fuddie fix. Many such cases.
>no true Scotchman uses "carrot dangle"!!!!11notice how they can't even address the argument, they ALWAYS resort to personal insultsit's an anonymous board buddy, you're not winning this by hurting my feefees
>>62292490>if you control all the servers and clients are trusting each other, no blockhain technology is necessarySure it is, otherwise institutions and banks wouldn't be building and using private chains at an exponentially increasing rate.It's a great way to catalog data: as an immutable chronological series of increments.>>62292486>shills keep doing the carrot dangle thingYeah, "shills" like DTCC and Swift.
fudders>blockchains without POW are glorified excel spreadsheetsshills>no they aren't...cause I say so!!!oh shit, looks like the shills are dropping even the pretense of "legitimate technical discussion" lol>RTJ is SWIFT and DTCCthat's the implication? or is it that SWIFT and DTCC personally informed RTJ about the November 22nd date? So did SWIFT and DTCC lie?I'm confused rn
>>62292510DTCC is the one saying they're expecting to go live with Chainlink in Q4.They're the "carrot danglers".
>>62292506>immutable chronological series of incrementslike a database? there are even specialized databases like tigerbeetle today, it's a solved problem>exponentially increasing ratethe exponent being one, sure
notice how he blatantly ignores the previous failed LARPdate pushed by paid shills and sticks to his "Q4 expected integration" shill scriptaaand we're resorting once again to>p-p-please just WAIT x months bro!!!!!!1111
>>62292519>like a database?A database is not immutable, not chronological, and not incremental in the sense of only allowing additions and never deletions.In short it's literally NOTHING like what I said.>>62292523>he previous failed LARPdateDTCC is larping?
>>62292533you can use a database in any way you like, since it's a trusted domain. append only is just as valid as updating in place. mutability is added flexibility when you need to fix mistakes, where is the problem?
>>62292547>you can use a database in any way you likeIf you add immutability, chronology, and incrementality by means of a chain of blocks that are proposed and validated by nodes, you have a blockchain.
>>62292552you can also not have all that shit and have a database where you store your transactions in a table
>>62292562Who's stopping you?In any case a blockchain is technically far superior to a shared spreadsheet. First off the spreadsheet needs to be identical for everyone at any time, which is impossible when various people are submitting edits at the same time.Also even honest people make mistakes all the time. A single person misclicks and the data is altered for everyone.Plus the spreadsheet is going to be hosted on centralized servers, meaning uptime is going to be flakey which is a disaster when other people do have access and keep making edits.etc. etc. etc.Now imagine this spreadsheet with actual money on the line lolThere's a very good reason banks and institutions keep pouring hundreds of millions into the development of their private coinless blockchains.The immutability, chronology, and incrementality are key.It's pretty insane how dumb you are. Do people irl tell you how dumb you are sometimes?
>>62292585>First off the spreadsheet needs to be identical for everyone at any time, which is impossible when various people are submitting edits at the same time.that's exactly what a database is for. optimistic locking, pessimistic locking, transaction isolation modes, you can decide exactly how you want to resolve it>uptimeread replicas, sharding, all these problems have solutions that are fifty years old>private coinless blockchainsdo you know where they store their data today? sql databases
>>62292602>person misclicks and the data is altered for everyoneyou can store history in a database anon. you have maximum flexibility, that's why everyone uses them
>nine United States dollars
>>62292602>>62292610>you have maximum flexibility, that's why everyone uses themlmao sure sure, which is why banks all agreed to use a shared database dozens of decades ago, right?Oh wait no they never did, specifically because of the downsides of databases for this purpose.They are now all switching to blockchains though, precisely because of the benefits vs databases.
>>62292638you seem to think that there is a problem that needs solving, but somehow you can transfer money between banks already. how can that be, without any blockchain shit in between?
well done stinkies, well donehoweverprice andchart
>>62292669>you seem to think that there is a problem that needs solvingpretty much every financial institution in existence does
>>62292675just stick em with the ol' p + c
>>62292681and yet they don't commit because what they have is working already, is built on technology that everyone understands and is proven to scale to the demand. of course the "head of blockchain innovation" wants to keep his job and pay lip service, but nobody invests serious money into it, hence the pocs go nowhere
>>62292696If that's what you think, why are you in crypto threads all day every day?
>>62292710the stock market is closed and it's fun to set the kids straight. many of them don't even know what a database is, funny right?
>>62292727>many of them don't even know what a database isThe banks do, and they never even considered using one in all those dozens of decades.They're switching to blockchains though.
>>62292750they use DB2, Oracle, SQL Server, some even PostgreSQL. you might not know it, but these are databases
>>62292766where can i buy SQL coin??
>>62292782microsoft accepts the native coin, the american dollar. you can however pay in whatever currency you want, microsoft will convert it into dollars, lol
>>62290072This has literally nothing to do with Chainlink.
>>62292766Databases are a nightmare for banking purposes compared to blockchain.Even within a single larger bank they have to use a multitude of databases because their scope is simply inherently limited. Bigger banks like jpmorgan, Citi, ... use hundreds of them.And when it comes to communicating and settling transactions between two different banks databases are just completely out of the question. And this is exactly why the banking world is turning to blockchain en masse.
>>62292889This has everything to do with Chainlink, Robinhood couldn't connect to other chains without Chainlink CCIP?
>>62290814>Institutions could pay in dollars or stablecoins.Yes and that will be converted to LINK plus 10% tip thank you faget.
>>62293129True! Payment abstraction is great and also using Chainlink is incentivized!
>>62292441>>62292453>chainlink bad cuz crypto badJust sell you stupid nigger faggot. What are you waiting for?
>>62293160rattled by fudGOD truths
>>62293051that was a lot of progress for you, admitting that every bank uses databases and it's working fine. i'm glad i could help you
>>62293215It's not working fine at all, they're having to use hundreds of different ones and it's a hot mess.Which is why they're clamoring to move to blockchain.
>>62293298don't sell your progress short, you went from>>62292750>they never even considered using one in all those dozens of decadesto>>62293051>banks like jpmorgan, Citi, ... use hundreds of themit w a huge learning opportunity for you and i'm happy that i could help you reach this understanding. you are welcome, anon
>>62290072Sweet! This announcement must have caused a juicy pump. Let me take a look at the graph... oh.
another chain linked with Chainlink (haha)
>>62293411>you went from >>62292750 to >>62293051The second one isn't me talking about "databases" in general, it's me talking about the "shared database between banks" I specifically mentioned earlier:>>62292638>which is why banks all agreed to use a shared database dozens of decades ago, right?You're not just really dumb, your memory is shot too.
>>62293758These videos kill me. Just a guy saying random techno-sounding words to keep the rubes on the hook.
>>62294241He's saying that Chainlink works with all kinds of chains.Not just Ethereum, but non-EVM chains like Aptos and Solana too
>>62294241>just a guy saying random techno sounding wordsWhy do fudcucks try to use their own stupidity as an argument? Like who would this even work on? It's right up there with spamming gay porn and cock cages to 'pwn the linkies'
