>Buy chainlink to make it, that's it, that's the thread. >Buy chainlink to make it, that's the thread. >Chainlink is a free ticket out of the wage cage user, have you bought yours yet?
Buy chainlink, it's the tokenized currency of the Chainlink network: a decentrilazed oracle service. This is a bad-actor-less network which runs software for the purpose of fetching, aggregating, validating, and redistributing data. This has big implications due to the services made possible by this technology, especially when talking about smart contracts, which are bad-actor-less software contracts written to execute upon the crossing of a data threshold. The data accessible by clients of the Chainlink networks software is as limitless as the scope of smart contracts, and the reason many people have issues explaining it is because the technology is innovative instead of iterative in nature, no one knows the true scope of what all this Oracle Service will be used to build, but the starting point seems to be a complete overhaul of the legacy banking system.
>Dürr token not needed Token is needed to pay node operators for data requests, clients can pay whatever they want using a perpetual conversion contract powered by Chainlink, but LINK will be market bought for node payment if for no other reason than Chainlink is blockchain agnostic, and paying node operators that operate cross chain will be easiest with the networks native currency. Token will also be bought en Masse by node operators who want to service contracts who demand collateral for faulty data, collateral also held in LINK for a frictionless and cross-chain payment and settlement experience.
>if it's so good where are all of the revolutionary applications? Where are the business utilizing it and the profitable business model? AAVE and Yearn were both made possible by chainlink. There is a hackathon which just ended where a literal who was able to create a fully functional Telsa rental contract.
>bitfinex scam >Twitter shills say zapper.fi for yaLINK, but I know the vault has decreased payout recently how much?
Isaac Diaz
atrociously half-assed shill thread, leave it to people who can actually write
Blake Martin
Its been advertised as 20-30% APY since inception, but past week shows values of 5-10% APY
Benjamin Jackson
Please advise me on how the post could be improved while maintaining the 2000 character per post limit
Angel Torres
>a literal who was able to create a fully functional Telsa rental contract. more details please
Cooper Brown
Link and Telsa api + smart contract = dapp to rent Tesla by the hour with metered electricity usage and an automated itemized bill at the end.
David Bailey
Your response to "token not needed" is fucking retarded. 99% of Chainlink's value will be in collateralisation. Payments to node operators are a footnote worth jack shit.
Brayden Allen
I'll be honest: the major reason I'm invested in LINK is because I think it's the Zig Forums coin and I trust the hivemind here to be right in the end, given a long enough timeline. I'm not going to claim I even understand what I bough 100%. On any given day the board is of course filled with nonsense, but on a longer scale, 4chin is always right.
>disrupts an entire industry yeah the entire rental industry is made up of teslas u stupid faggot lmao
William Walker
very cool thanks
Dylan Hughes
If you don't believe the network load of link will provide upward price pressure we have a different understanding of the frequency at which calls will be made, the price per call, and how node operators will be paid. LINK provided to nodes by initial investers as collateral for "collateral required" contracts earn interest in LINK, but end users are going to want to pay for Node work in whatever they want, the payment will be swapped to LINK to provide interest to investors because the easiest way for node operators to get interest to their investors are the erc 677 staking specific functions.
Blake Rogers
Re-read, I understand what you're saying, but I believe the split will be closer to 90:10 for staking:network load ratios on price action effect than 99%. I didn't involve staking as much because I didn't want to invite the >StEaK liVE nev4r Group.
Landon Clark
Sold at $15. It's headed back to $3. The writing is on the wall.
Noah Kelly
I have been on biz for years but I still don't understand what Link does What is the Oracle problem?