Can someone actually explain link to me and why its memed so much, what does link do that others dont
Newbie here
James Reed
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Aaron Martinez
hello?
Eli Long
its a trick to meme reddit homos, you're welcome
Kayden Reyes
It solves the lambo problem
Luke Ward
pee pee poo poo
Landon Cooper
it's a pump and dump, just read the report from zeus capital.
Hunter Nguyen
first read this research zeus-capital.com
you decide buy link or not
Carter Watson
How about you DYOR you fucking peasant
Aaron Reyes
You ever watch Star Trek? LINK is the first step.
Carter Gonzalez
Chainlink let's you feed API data into smart contracts in a reliable manner. It uses something called an "Oracle" to do this. LINK is just the token it pays out for nodes to do this work
Isaiah Smith
Cube
Julian Price
it's primary purpose is to make me rich as fuck
Landon Butler
Poo poo pee pee
Grayson Bennett
It solves the being poor problem
Samuel Diaz
so why link, why not another token
Thomas Morgan
Because if it was another token the founders of the project would have needed to buy a huge amount first. This way they create it from nothing and distribute it, hoping the market will give it value, which it has so far
Gavin Clark
Yes.
Cameron Parker
Honestly link is a pump and dump biz pulls on the newfags, with the sole purpose of making you lose money, think of it as an initiation
Hunter Cox
Yes.
Josiah Adams
If I want to generate a random number on the blockchain, I spend like 8 bucks to do it. This is the going rate for a LINK governed smart contract. It's a secure protocol for validating transactions between blockchain ledgers. There are other technologies that do the same thing, but for cheaper rates. However, LINK has first mover advantage, like BTC, and it has substantial backing.
It's shilled on this board because the linkmarine meme and others are high quality and resonate with the cyrpto market at this time. I haven't really seen any white paper-based justification, but then again I don't really live on this board I just hop on for a few months every year or so and check in on the trends so wtf do I know.
Evan Morris
bec it make me money
David Edwards
does first mover advantage even matter, I guess it just means link is more likely to have faster adoption but if theres widespread adoption then eventually the higher fees to use the network will just make link unusable at some point and people will just use the alternatives
Ryder King
Which alternatives?
Leo Richardson
it's a 10 billion dollar json parser
Mason Turner
Nothing it's a json parser. XAMP doing oracles within first weeks casually in between other shit
Gavin James
If fees stay same and useage increases, price of token goes up to accomodate increased useage.
Are you dumb?
Isaiah Wood
I dont know
its opensource so when theres an incentive for an alternative one will show up if there isnt one already
Ryder Bennett
>so wtf do I know.
why did you even bother with the other words
Zachary Martinez
It’s just a meme bro lmfao how do so many newfags fall for this
Grayson Carter
Fotm pump and dump, wait a year and Zig Forums will start shilling another crypto.
William Cruz
Ya, Im thinking op is a giant faggot and we are ALL gunna make it!
Nathan Reyes
let me check those quads for ya
Zachary Myers
I know the fee doesnt change but thats in link since the fee is the token, so if the price of the token goes up the fee goes up (in usd or other cryptos), thats what I meant, you get the same problem like with btc, a high price for the token makes the fees go up which disincentivizes its actual use