>witnet mainnet launched 2 days ago >nobody gave a shit, not a single thread on biz announcing it, even to make fun of them like in the old days Honestly this is kinda sad... unlike Band, which is the scammiest chink piece of trash that came out of nowhere and was just a rushed copy and paste job, or even Tellor, these guys were the Linux of oracles to Link's Microsoft, they were there 2 years ago and just quietly built a product they believed in without trying to cash in... naive and well-meaning losers. They finally release and they're already obsolete.
Do you think the token could at least pump x100 after scammy telegram groups realize they could be the next Band/trying to cash in further on oracles hype? Same question about API3, which is amateur as fuck but at least pretending to go beyond copy and pasting LINK.
All that first wave: ZAP, Band, DOS, Tellor were all laughable garbage, obvious short term pump n dumps by trash teams, but now it seems like more serious competitors will emerge. Simply put, if Band was Tron, can the more academically or technically projects end up being the Tzs or Algorand to Link's ETH?
Thanks for starting an actually good discussion, OP.
>can the more academically or technically projects end up being the Tzs or Algorand to Link's ETH? I think it's inevitable. Keep in mind that Chainlink has dominance right now because their main income source is dumping on speculative investors. Their users don't pay to use their data feeds even though they cost thousands (or more?) monthly to maintain. It's not a sustainable business model in the least. What's gonna happen when you can no longer keep up this charade and offer price feeds for free? Well, users are going to start shopping around ...
Easton Morris
Threshold signatures, Arbitrum, Weak fud
/Thread
Nicholas Sullivan
How is anything I said untrue? No one pays Chainlink for their price feeds. I know because I consult with multiple DeFi projects. Are you claiming they will be cheaper than the competition because of the points you just mention?
Oliver Hernandez
bump
Evan Butler
I can't find the tweet but Aave have actually stated themselves that they are paying to use the Chainlink network, it would be kinda weird if they are the only ones paying to actually use the network.
Regarding Tsigs and Arbitrum. Scaling solutions makes the network cheaper which further incentives development. Chainlink has already captured pretty much all of the market share plus the developer talent to. They are light years ahead of other oracle projects which makes it kinda unlikely that they are gonna be able to offer something that Chainlink can't do. Their network effect is simply too strong to deal with which instead should create competition within the network
Robert Clark
I made a witnet thread and it was completely ignored. I'm all in link but interested to see what differences exist between the two
William Bailey
They could keep going for at least ten years, and tsigs/L2 will also massively decrease the costs. Also plenty of projects like SNX and AAve have gone on record saying they're paying for a feed, I assume it's only a fraction though and unsure about all the smaller projects. ETH USD is probably free at this point. What are your sources on them not paying?
Aaron Hughes
>Their users don't pay to use their data feeds a big assumption and an incorrect one
Joseph Hughes
I can't help because we are humble idiots who were able to spot good arguments the autists laid forth
