Another big Ethereum DAPP discontinues its service after TWO DAYS. Confirming again that Ethereum based "smart contracts" are certified garbage.
Be very careful holding ETH
Connor Hall
Other urls found in this thread:
blog.chain.link
twitter.com
Carson Thompson
Probably the same bug they found with the defi hacks a month ago, no?
Jacob Young
hey guys here comes my new dapp
Thomas Mitchell
The MKR hack was exploiting Ethereum's slow/clogged network. This is different
Juan Cruz
Why build on garbage ethereum when you can soon build on DEFIS with complete privacy and scalability?
Adam Ross
Correct, it's oracle related. Absolutely.
Kevin Martin
crypto kitties
Adam Bailey
>building smart contracts without chainlink
into the thrash it goes
Charles Murphy
I meant more like the dforce hack
Isaiah Kelly
Notice how all the faggy devs who make a point of shitting on Chainlink end up falling on their face? Coincidence?
Grayson Russell
AHAHAHAHAHAHAHAHA
This is worth a thread of its own
Knee bent
Connor Morris
Many Ethereum devs hate Chainlink. I think Vitalik is to blame desu
Nolan Turner
Lmaooooooooo
Isaac Rogers
The world will move on without them. They can either adapt (to chainlink) or die.
Chainlink > Ethereum. Only a matter of years until chainlink's market cap overtakes ethereum.
Thomas Miller
dafuq is a rube goldberg machine?
Carter Nguyen
>rube goldberg machine
>A Rube Goldberg machine, named after American cartoonist Rube Goldberg, is a machine intentionally designed to perform a simple task in an indirect and overly complicated way. Usually, these machines consist of a series of simple unrelated devices; the action of each triggers the initiation of the next, eventually resulting in achieving a stated goal.
what is wikipedia
Anthony Watson
you don't really understand how ethereum is modular, do you?
the problem with tBTC is that the contract is too fucking complicated
RSK guys already instructed the Keep dudes how they should do it
1/2 chances they say "alright" and do the RSK way
Adam Harris
Agreed
Hudson Myers
>oh noes eht is dead
Based retard
Literally btc maxi fudinng link failed to launch smartcontract
Carson Turner
cool ty bro didnt know that ;>
Kayden Richardson
HAHAHAHAHAAH HO LEE FUK
Asher Morgan
topkek
Carson Reyes
Anyone should be extremely careful investing in a cryptocurrency that uses oracles other than link, or entering into a smart contract that uses oracles other than link.
You're asking to get burned.
Thomas Richardson
>Anyone should be extremely careful investing in a cryptocurrency that uses oracles other than link
Checked. The incredible thing is how much link has proven itself out just by the case studies of those who don't use it. I was totally a link fuder because the eth devs seemed to have a point - but no, they were dead fucking wrong and they are all getting rek'd. It speaks for itself desu
Nathan Rivera
>another thinly veiled “bullish for link” cope thread
Go away
Justin Miller
Yet so far the only oracle that caused losses is chainlink, for synthetix.
Link is extremely insecure, devs have full control over feeds.
Tyler Anderson
>what is wikipedia
Wikipedia is a free, open content online encyclopedia created through the collaborative effort of a community of users known as Wikipedians
what is ask.com
Caleb Butler
buy 0xBTC Morrons
Benjamin Phillips
Vitalik started this, Sergey will end it.
Jacob Evans
Fuck money skelly
Colton Russell
Wrong
Chainlink has not caused losses for synthetix and they are still using chainlink
bZx lost $360k due to an oracle failure with Kyber. They have since switched to chainlink
Owen Phillips
They caused losses and paid them using link holders' money.
blog.chain.link
What happened: chainlink dev put in xau instead of xag.
The only prevention for the future? Internal multisig.
That's how decentralized chainlink is - maybe three devs in SF can do literally anything.
>bZx lost $360k due to an oracle failure with Kyber.
They weren't even using an oracle, they were using temporary prices in place of the oracle.