I'm prolly really late on this but wtf happened to Sergey here??

At 33:20 Buterin just told Nazarov that oracles have no use case

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Vitalik is irrelevant

Hello newfag, vitamin knows that chainlink will be the next big thing, it even makes ETH 2.0 obsolete through arbitrum and chainlink oracles. He is also extremely autistic and doesnt like sirgay getting all the spotlight

Look at Sergey's chadly throne-like seating posture versus the effeminate leg crossing of the three others.
A complete mogging.

> Smart chains and d'orca whales fat oracle man!
> M-makes sense

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He cba arguing with a weird cunt like that when there are more interesting topics to discuss basically

sergey sits like that cuz hes fat

also checkd

>quad digits
>fuhG
>LINK thread
$1000 EOY CONFIRMED

Why does he stand like a faggot?

youtube.com/watch?v=FdiJCvYfVHQ&t=2126s my b

he is jelly.

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same reason he sits like a faggot

do the skeleton and the belly speak to each other in russian? i wonder what they say.

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> Oracles da?
> Oracles blyat!

This talk was around the time of mixicles
Basically Sergey described mixicles to Vitalik and asks him if he thinks it’s a good idea
To which he says no, oracles aren’t needed

I know it sounds hard to believe that a bunch of misfits could be more intelligent than someone who looks as autistic as Vitalik, but the guy has a childish view of the world. The guy got rich af at like 19.

It’s all about solving the problem in an efficient computer science fashion in his eyes. That’s why he doesn’t understand the value of oracles. He just thinks it’s a programming problem that can be solved in a more simple fashion.

No.
Sergey was asking about external data (banks etc.) but Vitalik is talking exclusively about cross-chain (merkle trees).

Vitalik has a habit of not really paying attention to what is actually being said or asked (like with the whole "yeah I did not say July thing), and it makes him look pretty dumb from time to time.

checked digits and id

He was mirroring the way that girl was standing so she would subconsciously think they were compatible. Total chad move. He probably banged her right after thst interview.

he ignores things he doesn't like.
he's a smart guy but a childish attitude like that can ruin a lot of things. Sometimes you have to confront reality.

sergey says idi nahui cyka blyad davai to him

Bag holders detected. In reality vitalik said that oracles are not needed because the only way to integrate external data is via cross chain communication via merkle tree bridges between data source and consuming contract.
Sergei being Sergei (he cannot even code, let alone understand algorithms and complex CS problems) tries to make it seem like he understood vitaliks reply and says “make sense”. This is comedy gold because what vitalik implies that the concept of chain link the project is fundamentally flawed, and Sergei being a retard basically agrees with him to save face.

Sergey literally talks about communicating with "non-blockchain systems" (33:52), but Vitalik still responds only in terms of cross-chain.

You and Vitalik both need to get your heads out of your asses.

chip off the old block

Agreeing with a rambling autist is the only way to stop the spergtrain.

>the only way to integrate external data is via cross chain communication

That's like saying "the only way to get inside a house is to go from the bathroom to the living room".

>makes sense
Yikes. The Dunning Kruger is strong in Sergey.

I barely know anything about this shit so this might come off retarded. But, if blockchain is supposedly the future of data then wouldn't all data already be running on a blockchain system making the non blockchain "real world data" to the blockchain plan irrelevant at least in the future.

this
Vitalik is a literal autistic genius who will go down in history and Sergei will end up with diabetes

>Sergei being a retard basically agrees with him to save face.

I think Sergey had tried multiple times that he was talking about off-chain systems, and Vitalik kept insisting on talking about cross-chain, so Sergey dropped the topic because it was getting awkward.

>then wouldn't all data already be running on a blockchain system
You still have to get the data on-chain, whether you do this in a "push" manner (i.e. constantly feeding all data on-chain) or a "pull" manner (i.e. putting data on-chain whenever specifically needed).

Plus, a lot of data for smart contracts (e.g. the price of gold reaching a certain level) will be of the "clause triggering" kind, meaning that the data will be consumed as soon as it comes out and is put on-chain as quickly as possible.

No, all data comes from the real world and without oracles there is no safe way to get them onchain

Yeah, I'm really starting to have my doubts about Vitalik.

this

Sergey emphasized that he was talking about external data at least three times in that one question alone, but Vitalik still wasn't following.

the ONLY trustless data comes cross chain, this is the whole crux of the oracle problem Chainlink is supposed to solve, but obviously can't. Imagine this. Someone discovers the concept of nuclear fission. There is an issue however, people don't know how to stabilize the reaction. Suddenly, some sketchy Russian scientist called Sergey Nabakov come up with the idea to burn nuclear waste in a big pile and use the fire to power a power plant, and calls this nuclear fission. This is what Chainlink is. It doesn't actually solve any of the real issues, even if it might have some short term uses. Even if it might work in some applications, it hasn't solved the oracle problem

Yes. And this destroys:
If an enterprise is running a permissioned chain, the interactions between the blockchain systems of that enterprise and the public chain are just cross-chain transactions. The enterprise does not need trustless oracles to provide it data in the same way that it doesn't have trustless APIs, and in most cases there isn't even a way to make that data trustless. The nodes in the private chain are also already trusted, so there is literally zero need for Chainlink in these use-cases.

If you have an enterprise blockchain system, you can just do what Vitalik proposed to link it to the public chain. No need for oracles. If the private chain needs data external to the chain, most of the time there is no additional value in using Chainlink over something like Oraclize, since the data usually has a single source anyway and the consumer node is trusted.

This, of course, won't stop Sergey from financing his dad's lambo with these useless arguments.

Putting external data on-chain is a hugely beneficial thing, and it's what Vitalik always wanted for ETH as well.
Without external data, blockchain smart contracts are token dispensers.

>If an enterprise is running a permissioned chain, the interactions between the blockchain systems of that enterprise and the public chain are just cross-chain transactions.

You still need to get the data onto that enterprise's permissioned chain first, before you can transmit it cross-chain, big boi.

Stink literally runs on erc 20 chain, I wish it didn’t but you can’t win always.