Staking soon

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The Toilet Witch predicted this.

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Technical retard here, what does this mean?

Payments for nodes that have collateralized stake

Yeah but when?

this has nothing to do with chainlink

Also any more info to add? I will gobble it all up just like sergay and his bigmacs.
Ty though.

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When is the wrong question.
In programming, when a “commit” is made and “merged” it is immediately live to anyone running the latest code.

The answer is: already
The next question should be:
When will the nodes be updating their code in production?

The answer is: I don’t know.

What I do know: they’d be fucking retarded not to start staking and earning more on collateralized contracts.

Does this mean you will be able to run a node yourself right now, out the gate?

I don’t know. I wouldn’t recommend you do so anyway. Most of us, including myself, are not qualified to run a node. A malicious actor could fuck you by corrupting your nodes data with the intent of just bankrupting you.


Why would they do that? Losing stake means you have to buy back in. The more stake lost and the more actors needing to buy back in, the higher your buy back in price will be as the fucked / independent bad nodes themselves will need to compete to buy up link on the free market.

My recommendation is take your percentage cut like a man and stake with one of the CL network Sergey hand picked operators. They will take a good chunk, but you will never be “fucked”

TLDR
Reddit tier brainlet explainatjon:

Staking is available for nodes
Don’t know when they’ll update but should be soon
You should not stake your own node as many would be happy to fuck you out of your link by hacking your node and making you provide bad data

shut up nerd and tell me when I get my lambo

In the future just leave this post out, if they cant read what you wrote above and understand it, they don't deserve the knowledge.
Also you're doing good work user. I don't think many understand the risk for early operators.

Within 6 years a 1k stack will make your worth 10 million

Don’t believe me: fine
You’re rich either way.
The 4iR is just beginning.

10,000 people will become multi millionaires

1,000 will become billionaires

A small price to pay for what is to come. So many will be unemployed.

There are many pieces to the puzzle falling in line. The most important are the following:

1. One main blockchain as a source of reference
2. An oracle network with incentivized good behavior and collateralized trust
3. Trustworthy tamperproof IoT edge devices

1. Ethereum Mainnet
2. Chainlink
3. Ledger IoT trusted enclave devices

>6 years

I will be dead by then for FUCK sake.

I don't know who this guy is, but I like him!

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>10,000 people will become multi millionaires
Only 10k ppl have a 1k+ stack?

just play some MMOs the 6year wait will be over in a flash.

Sounds about right, there is some pic around with the numbers but I didn't save it. Maybe some kind user will post it.

Literally no one knows about chainlink except here

Can you buy this shitcoin on uniswap or?

coinbase or gemini, plus lots of other places.

I said multimillionaire. I did not limit the multimillionaire cap to 10 million. Many anons will have tens if not a few hundred million.

theres 2000 billonaires in the world right now retard

Yes. Making that 3,000 for the automation that will replace hundreds of millions is a footnote in the direction humanity is headed.

Also, trillionaire class will be formed during this time.

Just as millionaires were the elite of the 2iR, billionaires the elite of the 3iR, trillionaire class will be the result and elite of the 4iR.

I would also keep in mind the 1,000 billionaires is an overly generous assumption.

I myself would be hard pressed to hold a massive stack past 1k a coin

Six years
really?

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Till 10,000 USD a coin.

How long do you think until we hit $40?

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I thought you were talking about bitcoin and not chainlink, what a waste of trext.

sounds pretty fuckin based

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like 2 months

Who?

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2025 is my projected expectation that we come out of the wood work, 1000 link is fine but most of us have in the 10k plus range. RSR I suspect will make a couple of millionaires / give a couple of hundreds of thousands.

if you've lookes into that protect what are your thoughts?

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The Toilet Witch.

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Based and thanks for answering.

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I don’t care for RSR.
I’m not a crypto fan by any means beyond capacity for utility in the 4iR.

Everything else doesn’t matter to me.
Doesn’t mean your favored projects aren’t good. Doesn’t mean they are good either: just not what I’m looking for or care for.

I honestly think those who hold at least 1K LINK will be in the 100's of millions maybe more.
Not to mention the passive income. (I got some LP)


So basically staking is ready and nodes need to update?

So you're telling me my 1000 link is going to give me financial freedom

Yes.

what about the commercial that was on TLC yesterday?

1000 USD is fud. Link will unironically be worth over 10'000 USD per token.