So is 'crowd wisdom' based on individuals actually verifying real world happenings or is there some sort of application that all the nodes run simultaneously and it just picks the most highly voted version of real world happenings?
Is LINK actually going to be going anywhere?
Daniel Wright
Jaxon Myers
"As an oracle service, ChainLink nodes return replies to data requests or queries made
by or on behalf of a user contract, which we refer to as requesting contracts and
denote by USER-SC. ChainLink’s on-chain interface to requesting contracts is itself
an on-chain contract that we denote by CHAINLINK-SC."
So in my understanding, data "requests" are made via a smart contract "system" consisting of three parts: "a reputation contract, an order-matching contract, and an aggregating
contract." All work together to collect data from those nodes that have established reputability, and aggregating this data to be used as an "oracle" Am I making sense?
Jack Martinez
Where do you store LINK? does it have a wallet?
Gabriel James
In order for LINK to go anywhere it would have to first remove the giant roadblock that is "The Oracle Problem"
Dominic Ross
It is currently being traded on Etherdelta, which is a bit tricky to use. Etherdelta has a wallet to which you the private key
Daniel Morris
Etherdelta has a wallet with private key access.
Eli Jones
That is actually the best break-down of Chain Link I've read yet. The part I'm still curious about is how the nodes actually gather the data.
Dominic Gray
so it gets stored on etherdelta? seems a bit sketchy to store on there
Joseph Anderson
Man, stop FUDDing Chainlink because you couldnt get in to the gravy train. This "thing" has an actual use-case, and I'm sure you know that as a fudster, but in case you dont: tough luck in the crypto game. You aint cut out for it if you cant do your own research
Jason Walker
You can move it to MEW