A VRF is a way to provide a random value which no one can predict without the secret key, but which anyone can verify was produced according to the VRF protocol, using the public key.
The trouble with "randomness" is that if you just ask an oracle for a "random" value, and the oracle knows how you're going to use that value, they can send you a "random" value which biases your behavior. With a VRF, the oracle is constrained to only return a specific value, which you don't know ahead of time, and which the oracle can't predict ahead of time, if you provide data in your randomness request which the oracle can't predict or control.
wow another bullshit news when is this scam going to die?
Noah Perez
Just lol. Sergey talking about blockchain gaming. Linkies think it’s bullish
Cooper Collins
Cryptocurrency doesn't moon unless you bought in 2017 or before.
Jaxon Rogers
Yes this will certainly help with gravelcoin
Josiah Clark
Nando, you ork! Return my orangutan or suffer the bananas!
Dylan Stewart
could it be used to continually generate shared passwords across a joint account?
Ian Perez
Moab will win reddit!
Joseph Thompson
dump incoming
Robert Ortiz
Incredibly dissapointing. I know, I know, it's "cool tech" but its primary usage is for users who are not on fucking decentralized platforms yet. And if we're going after centralized industries, FUCKING FOCUS ON INSURANCE, DERIVATIVES, FINANCE FFS
William Rogers
Hey Ranjeet!
Blake Nelson
>FUCKING FOCUS ON INSURANCE, DERIVATIVES, FINANCE FFS you know, the sectors that were originally supposed to be targeted by Chainlink in the early days. Instead we get >muh defi
Nathan Moore
>muh videogame rng imagine being a linkie kek
Ryan Cruz
Did you miss the last night? Chainlink isn’t aimed at blockchain anymore, it’s for secure connection of centralized networks. The programmers of Wells Fargo, Ernst and Young and JP Morgan are working on chainlink github.
Leo Fisher
Feels good going 20x in a couple years and knowing another 20x is coming in the next couple.
You can still put your McDonalds wagecuck money in and have a few hundred before we really take off.
Aaron Martinez
when you can get paid real life money for auctioning an expensive item in world of warcraft and transactions are secured via smart contract and hard to manipulate therefore being safe for video game companies to implement and you make thousands of dollars a year playing online games you wont think blockchain gaming is stupid!!!
Here comes the faggot from the team to explain why this is a big deal. Here’s the thing retard everyone is waiting for staking. All this extra bullshit means nothing to people who are wanting to make a return on their investment. Start actually producing a profitable network and you will keep everyone’s attention. If not people we get tired of waiting and move onto some other shit.
Josiah Perry
Nice fud. More like 100X then another 100X
Easton Watson
The thing is... chainlink isn't leading some revolution in creating this. You don't need oracles for this. Other blockchains are already doing this.
>he thinks the protocol was designed for retail investors
Ask me how I know you will never amount to anything
Aiden Reyes
Am brainlet what does a random number have to do with insurance/risk management for financial products?
Bentley Murphy
Shame big brain Sergey didn't talk about those markets instead focused on GAMING lmaooooooooooo
Nathan Bennett
>insurance companies pay out based on random numbers smug retard is retarded
Daniel Jackson
Bros will i make it with 5k stinkers??
John Lopez
>he’s acting like he knows what he’s talking about Useful for what exactly?the network is not 100% up so no one would be using this anytime soon
Charles Phillips
I didn’t imply that. They don’t have a working product and are adding things no one can use right now
Eli King
Im not entirely sure but the thing with data right now is trust, trust is so fucking huge in insurance it why we haven’t had variable insurance packages yet. Take a look at all-state Q1 earning calls two things they talk about is increase customer interest in variable insurance products and more cyber security related insurance packages.