Plz bros I just want to know what the Chainlink Token actually does. Whenever I ask a bunch of bros just tell other bros not to spoonfeed me but I never get an actual answer. Plz bros do it to educate me I need to know. Thnx Bros.
SPOONFEED ME
Missed the conference it was based as fuck. Fud days are over. As soon as the replays hit YouTube watch what happens.
Is this what the token does?
IT PRINTS MONEY
it puts the smart contract on the skin, or else it gets the vitalik nosepicking again.
Ok so you know how when you go on google and type in “Tesla price” you get the price shown to you right? And Everyone agrees that’s the price of Tesla. because google is pulling the price data from a verified source. This is called an Oracle. Link powers the same thing for blockchains
It is used to pay the node operators
Watch the fucking replay idiot. Fud time is over.
Thx bro, so what you're saying is that once the 4IR happens and Chainlink needs THOUSANDS OR MILLIONS of nodes that these stinky linkies are going to be what powers the whole system?? Sounds like they're gonna be real valuable right bro? Thx bro
It puts the lime in the coconut
This does not sound Chainlink related, how do I report this not-based post? Doesn't this thing censor people? wtf is going on I'm such a boomer AHHHHHH
why would we spoonfeed you?
warosu.org
that's all the spoonfeeding I'm gonna do for you, rest is up to you
It allows real world data to enter the blockchain via a decentralised manner, meaning blockchain technology can (and will) be used for many types of vertical industries, not even related to crypto
yes
You have not detailed what the token will do, broz
solves the lambo problem, it's a real issue affecting many lives.
An lambo?
Fucking kill yourself retard
someone sold their stinkies with Portnoy at $13....
The chainlink tokens are only used in assassination contracts per Ari. The more assassinations that start happening, the richer we all become. Quite simple really.
What if he decides to take out Sergey.....
everyone's telling you to check the records because most of the quality discussions took place 2017 - 2018. it gets harder to find these nuggets in threads 2019 - today
It does seem to be one of the bigger questions and FUD points, just trying to figure out what makes the token valuable, there's only what 210k wallets that own link? so probably a few hundred people were around back then.
Exactly this. Biz isn’t going to have useful info. You need to dyor watch the conference it was that simple. If you’re late we’ll that’s it game is over which it will be in the next 3-4 weeks, Link is at least a 30B company I have no idea how anyone can walk away from the conference and not realize that.
it turns money into more money
what is so hard to understand
are you stoooooooopid
Ok, here is the most simple way to put it, and explain it to be people who have no idea what blockchain is:
Chainlink is able to take data from multiple sources and verify them as true/false, and feed that data into contracts that execute automatically. In does this in a completely decentralized and automated way (this is what blockchain is), so it cuts out the middleman entirely. It will make contracts more efficient, cheaper, and trustworthy. It's a huge upgrade, like going for horse drawn carriages to cars. Here is just one example of what it can do (note I copied and pasted from another early example of mine- being lazy):
A person wants flood insurance. The contract will pay if rain levels reach 20 inches in 24 hours. The policy on said insurance has traditionally been maintained in a subjective manner with a human agent (read- inaccurate, inefficient, and requiring trust). Now, a token can instead validate all data by checking multiple sources for rain levels automatically- ensuring instant, accurate, efficient, and trustless contract adherence. Costs will fall dramatically as a result.
Here since day 1. I was getting affected by the fud the last 2 weeks but the conference was amazing really solidified everything it was super fucking based. Nothing is guaranteed they even admitted it but it’s the team you want and not Ari full time committed the push is happening now
All you have to know is 1k EOY
Check
That’s a very good way of explaining it. Just sent that to my dad lol
If you are reading this right now (2020) and not realizing that you need link then you should just kys or at the minimum leave this place.
this. a lot of the old posters have left because desu they already made it or are on their way to making it.
checking.
But does this mean that these tokens are actually worth a shit?
Omg dude how new are you. What gives BTC its value? You need to go back to basics are read