One of the most credible people in this space comes clean. Sorry linkies, better luck next time. Sell now before it's too late and you're left hodling heavy bags.
HAHA It's official over for Chainlink
Christopher Peterson
Ethan Torres
>t. seething nolinker
Alexander Evans
ouch!
by the time normal fags figure this out they are dead -so awesome
Austin Thomas
> Doesn't understand how money motivates people
> Credible
You have to go back to discord
Xavier Williams
He sounds like diarrhea he dooo dooo baby
Jason Price
Ouch, linkys cannot refute this.
Ayden Parker
who is that medinigger?
Xavier Perry
>muh token distribution
Those tokens are all Chainlink will ever have to fund/incentivize its network.
And having Chainlink distribute 1/3rd of the token supply to actual nodes is much better than distributing most of the tokens to individual investors.
>you should use a known oracle
Well KYC will always be an option for Chainlink nodes.
This faggot is just ignorant af.
Ayden Cruz
Never heard of him.
Joshua Lewis
I am not a linker, but his argument is pretty much like saying banks shouldn't need collateral for loans because the borrower's incentives should be aligned with system success without them.
Aiden Wilson
It's great seeing "critiques" being put forth by crypto thinkers and analysts which were considered simple here in discussion in 2018.
Brandon Clark
>a literal who says something bad about chainlink
wow fascinating user market sold my stack thank you
Camden Torres
>You should work for free
Cooper Miller
>decentralized oracle
>founders decide how to distribute link to nodes
Use your brain. There is no excuse for this design. The only reason for this scheme is to make the founders rich. They have not solved the oracle problem.
Jonathan Peterson
2017-tier fud lmao keep seething
Alexander Evans
it's not fud if it's true
Brody Torres
they're kycing nodes at the network's infancy to build rep. fudding that as not decentralized is retarded.
Brandon Campbell
>One of the most credible people in this space comes clean.
by "this space" do you mean greek twitter shitposters
Alexander Carter
>ITT linkies ignore contracts already gauranteed better collateral coverage and data sources already get paid
noooo. chainlink is the very first thing to pay data sources. No one else has thought of the idea of giving data source money! chainlink is the first!
Jose Roberts
OMG!!!1! The mighty Georgios Konstantopoulos doesn't like Link!!!1!! Thanks for heads up OP, selling my stack right now.
Ryder Foster
Oracle services will be denominated in fiat, most likely.
How many tokens are held by whom is entirely inconsequential.
You have zero idea what you're talking about.
Ryder Kelly
Literally who? The guy w 17 likes? Hahahhahaa
Connor Rodriguez
What is penalty for incorrect oracle data? Knock on the door and slap on wrist? Lmao this guy is a novice at best when it comes to understanding chainlink and tokenomics
Landon Perry
>what is the penalty for incorrect
NO ONE HAS EVER THOUGHT OF THIS BEFORE. THE ONLY WAY TO PENALIZE SOURCES IS THROUGH CHAINLINK. NOTHING ELSE CAN EVER DO IT. FUCK FUCK FUCK FUCK. PENALIZING DATA? HOW IS THAT POSSIBLE WITHOUT CHAINLINK!!!
Nolan Nelson
I am OG linker and hes semiright distribution is fucked and "incenevise network" is lame argument
Nolan Allen
Does your retard brain understand that the oracle problem is fundamentally unsolvable and Chainlink is the best approach to truth so far?
Joshua Sanchez
The only way to penalize sources automatically (i.e. through a smart contract) is via collateral.
Hudson Perez
>completely ignores pic
oh my, its another linkie who thinks chainlink thought of penalizing a bad fee of data first. GROUNDBREAKING. No other way to do this other than making simps and neets multi millionaires. WE GOT EM NOW
Jaxon Parker
>muh bloomberg
stfu.
Daniel Torres
An oracle run by the source is still a centralized point of failure.
This hasn't changed since Vitalik described oracles as being inherently decentralized back in 2014.
Nolan Lopez
Connor Lewis
*yawn* Don't worry bros, chainlinkgod will take care of him and end his life. I'm feeling sleepy guys
Samuel Thomas
Should I move to Kleros for the next big oracle play? I might go half in on Tellor too, desu
Robert Powell
and here we go
>chainlink has no central points of failure
LOL
And since someone decides to use chainlink instead of a contract, that means sources have no contractual obligation at all
>woops, sorry we costed you million dollars worth of fuck ups in data
>but we already payed collateral, so all is fair UwU
William Bennett
Have you tired having sex?
Alexander Hughes
>>chainlink has no central points of failure
>LOL
Well no.
Unless you decide to use a single Chainlink node.
>And since someone decides to use chainlink instead of a contract, that means sources have no contractual obligation at all
Unless you KYC.
Oracles are about allow smart contracts, meaning automated contracts.
Different rules obviously apply, for instance automatic penalization.
Robert Smith
Does he have valid points or is this just fud. I need to know so I can buy more link
Samuel Myers
>averaging out multiple nodes doesnt make it vulnerable to sybil attacks
LOL
also
>NO ONE ELSE CAN AVERAGE OUT SOURCES AT ALL AND REMOVE OUTLIERS! THAT IS 100% IMPOSSIBLE WITHOUT CHAINLINK!!
KYC is knowing your source. its not a contract you stupid brainlet. Just because you know joe bob fucked up the data, doesnt mean you have a contract. If joe bob fucks up the data, all joe bob can say is
>well i payed collateralnon the network. whats the problem?