To this guy DECO is not for bringing off chain data on chain, DECO is for cryptographically ensured private and truthful transfer of non-immutable (non-blockchain) ledgers or events (data) to applications running in a decentrilazed, zero trust environment. DECO allows a contract to be deployed running software that can: provide a cryptographic proof of the validity of off chain data, verified via the Chainlink network, to smart contracts running in an environment where the end user can know the protocol, the node operator, and the protocol developers don't have access to any information they don't need to. This is what ari Juels demonstration with Alice and Bob proving that Alice had more than $600 in her bank account to Bob, without revealing how much money she did have or her bank info, instantly, was meant to convey. DECO is software to provide trust-less access to time sensitive off chain data by high stake time sensitive on chain contracts without compromising security for the end user. It improves the bridge between legacy computing and new distributed computation.
To this guy >>22830713
what i dont get about this and uncollateralised loans is if i prove to 3 different people i have $1000 and they all let me take a loan and then I am liquidated how do they distribute my remaining assets. Or rather how do they also ensure I'm not duplicating collateral
t. midwit
> I have to defend myself in a new thread
I'm a linkie but do cucks really
DECO is not limited to the scope of uncollateralized loans, which would be an application that utilized DECO proofs to formulate some form of credit score for the loan. I believe you are taking "three person handshake" too literally
Perhaps I have a life and I was doing something else when the old thread pruned you twat? Contribute info for newbies or gtfo
Dude we don't even have staking yet
This DECO mumbojumbo is probably years away
Its all the same package of features aimed at making enterprise be able to actually use block chain, it's the end goal of the ethereum enterprise alliance and what the rich have wanted from Chainlink and blockchain automation from the beginning (read Klaus Schwab's The Fourth Industrial Revolution", Klaus Shwab is founder and chain an of the World Economic Forum.) Microsofts Baseline Protocol, Oracles Integration announcement soon, Sergey speaking at WEC, it's all coming in the next 6-18 months. Stack your bag, because speculators have never been abls to move chainlink price. All recent upward trend are the big boys deploying their projects.
>Perhaps I have a life
gfto reeeeee
no one cares about Ari Juels and friends latest cash cow bro
>gtfo reeeee
Never, my girlfriend wants me to leverage your and the other posters autism to make ourselves rich and I'm gonna do it. Link is the way, I'm trying to share info with the unaware.
> read something that was ghost written by a WEF staffer
if we do that we might get the sheeny curse
So correct me if I'm wrong but this DECO is basically a decoration to the chainlink logo that makes it look more cool?
>no one cares about breaking advancements in a budding field with easy access to investment and lost of upside potential! Stop sharing! Only whales and "OG"
Ask how I know you reek of newfag
>pic
based Future/AVA poster
this. being cool is something ari juels and Sergey never were during HS but luckily for them Fang Zhang is way cooler and has his own car
> you had three years
> flush it fundamentally
satsgang killed biz bro no one is listening
Unsure if genuinely newfren, but no. DECO is an additional data aggrigration/validation and zk proof creation protocol created by Ari Juels which compliments his earlier work done with Smart Contract/Chainlink Labs. Ari, a citation lead in the field of cryptography and professor at Cornell University, sees so much potential in Chainlink and what it offers as a network/software stack/protocol layer that he left the resources of CORNELL University cryptography research devision to go back to working with Sergey. He knows it's time that all of the revolutionary action of the fourth industrial revolution is underway and its all hands on deck.
I liked crumbs hunting better for some reason
For any real homies out there, I am two, Two is one of four, and one of four, which is two, surrounded by one, ten, and fourteen. That is how you will be able to identify me. I wish everyone who asks questions in this thread financial prosperity, please invest in Chainlink while you can get in cheap.
> all hands on deck
> can't find anyone to fill the roles
> I'm yet another magic tranny namefag from discord
> I'm helping (you)
I'm here for teh tech too bro kek
If I have failed to convey the value prop of chainlink and their related tokenized investment vehicle I am sorry, I have failed you.
>i
>i
>i
kys
your shilling is far less annoying than the satsgang script faggots that have posted here lately. I understand the value proposition of link and am waiting. Perhaps I should keep my mouth shut but I cannot stop fudding shills. kek
From what I understand OP, the guy in is correct
Well you’re both correct.
The importance of DECO is only realized under the assumption that large amounts of value, perhaps in layers, are being autonomously transferred depending on that data point.
Example. Replace Bob with an computer program that manages renting an apartment. Bob learns that Alice has sufficient capital to pay for rent. Bob now is using this data to trigger multiple other services necessary for Alice to progress into moving in to her new apartment. Emailing her documents to sign, ordering her keys, ordering the service to clean her apartment and get it ready etc etc. Perhaps the cleaning company/workers, for example, that then receive payment has their own levels of automation triggered.
>my ability to intentify my own responsibilties and shortcomings makes you uncomfortable to the point where you mock it
Oh summer child, incapable of thought. Please buy chainlink, read the white paper and their research papers, watch their YouTube videos
>>>/reddit/
>>>/discord/
kys
OK question then, if staking isn't released and we enter a real bull market with btc and everything, would it be wise to try to time an exit? I'm in the never selling boat but this is the one thing that worries me.
*have their own levels of automation depending on that payment
your example is false on several premises:
> Bob learns
Bob is a nigger he cannot learn. Instead Bob mimics animal and human behavior and tries to fit into regular society
> replace Bob
BLM nigger
> Bob the nigger computer program is sending large amounts of value
impossible. niggers cannot be computer programmes and they cannot into large amounts of value
If I had an API which requires login credentials to get some data X, would I be able to proof to an oracle node that data X is genuine without giving him the login?
What if Alice just wants a ride on Bob's Big Black Boat
kek Ari the mega kike pushing death to the white race while selling his latest oracle add-on solution
FUD away, responding to bait of all levels is where most of the fun is for me now, plus it helps the new frens go through the DD process.
I just wanted to make another thread to extrapolate on my explination, I am not worried about sufficient network volume considering Microsoft backed baseline protocol will include chainlink in its software offerings, as a sublayer of their dev stack, and I have reason to believe LINK will be involved in SWIFTs new payment settlement layer which uses blockchain to allow banks to have instant transactional finality for very little cost.
Im not sure I understand the question, I do not claim to be extraordinarily intelligent by any means, could you provide an example use case of what you're explaining? Like if a website which provided a data feed could provide a proof to the end user their data feed is correct before the end user has submitted account information? It'd more be along the lines of: the website owner pays node operators for API calls because it provides the website owner with data it can use to craft a service for the end user, who pays the website builder. Buying chainlink let's you profit on the network growth without having to develop technology with it.
What the fuck are you trying to convey, you mouth breathing, cock gargling, shit sucking nekker? Type it out in English if you can manage the mental strain.
The aggressive hiring and ari coming aboard at the same time as t-systems jumping in on the node business for profit tells me that everything we've been waiting for as a catalyst is already ready, and the Launch of our price catalysts are months/weeks not years from release.
Sometimes I feel like ari and crew shitpost here orienting to hate themselves...
> read my blogpost goyim
If I am missing something, you will have to take a less sarcastic tone for me to understand
I make the assumption that under a scenario where smart contracts prevail as as the dominant form of agreement, what can be automated will. And at sufficient scale, a chain of reactions will exist.
I typed individual responses to people who were interacting with me and sent it in a single post, where is your problem, newfren?
thoughts on the esoteric connections of Chainlink and its implication on freedom in the future?
t. schizo fren
I like the new logo, I think it's an improvement for the ecosystem to have a logo like this. Thanks for explaining how it looks cooler.
Is Ari working on an even better Saturn reference in the next logo? Is that why he joined the team?
you make the assumption that all individuals are of equal means and understanding/intelligence before the contract is executed. The chain of reactions might be fine but I find that watching (((difference races))) with radically different cultural assumptions such as beginning from false premises.
> loquacious defence
kek