Is this the only low cap coin that isn’t a useless meme that will never amount to anything?
From what I can see everything else is either
>muh revolutionary privacy coin (even though there are already several privacy coins)
>muh revolutionary high speed payment coin (even though there are several of these too, all claiming to be the best in some way)
>muh revolutionary AI coin
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Enigma, RLC, SingularityNET is AI, but it's main purpose marketplace for AI, and given people behind it, potential 100-1000x as well.
REQ not sure
LINK and AMB
Nope.
> RLC
> AMB
> HST
> PRL
> BLT
All doing something useful and valuable
there's a few others OP but Link is the best from what I've seen
Simple Token (OST) seems decent. Token is used for creating and managing tokens on ethereum sidechains. Seems useful to me, and they've already found companies willing to use it for their tokens. Most are just small startups, but Unsplash is a popular photography site at least.
>volume less around 60btc and dropping
kek
I believe RCN and REQ will also blow up, but they both rely on LINK so no point in really holding them at least for right now.
It is literally vaporware garbage shilled by low-IQ people who cannot stand a single argument against their delusion.
Because there aren't any
is this coin now only being shilled by pajeets who didnt get the discord memo to sell in January or is this all just one big meme and nobody here actually owns any of this shit?
>hurr durr
Data providers that you rely on are a single point of failure. They're subject to fraud, hacking, human and machine error. Chainlink doesn't solve the oracle problem. BTFO in 3 sentences, next
it's a meme, no one here owns any,
when the next crypto bull run starts just go along and start shilling it saying it's like buying ETH for $1,
it's one of those memes we use to see who's a newfag
(like 'price locking' or 'I clicked that link and all my ETH is gone' for example)
>he didn't read the whitepaper
do you actually think this
Another batch of stinky stinkies totally confused, disoriented by the facts.
thanks for the insight, im now the proud owner of 5000 link
WE ARE ALL IN THIS TOGETHER
DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!
THIS SHIRT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!
VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!
Most data can be aggregated from multiple sources. It’s easier to attack a centralized oracle aggregating the data than it is manipulate every single source of said data. For example, sports scores. Would it be easier to attack Oraclize or attack ESPN, bleacher report, the score, fox sports, and all other sources reporting said score?
It must be hard for someone to be this retarded
You can use multiple oracles which consume multiple data sources, you total fucking brainlet.
low volume coupled with no price loss or increase is extremely bullish you dumbass
Not gonna work if the data source is highly specialized and unique
Also, for your gay betting apps you don't need a network of oracles. A single smart contract that can fetch external APIs is enough. BTFO
Duh. The most lucrative use-cases for ChainLink and smart contracts in general involve data sets that are neither highly specialized or unique.
Cross-chain data is always unique. Most proprietary, commercial, and banking data sources will be unique.
Your argument is that in highly specialised and unique cases, it would be risky to blindly consume data sources. Given the parties entering the contract agree that the data source is sufficiently secure, this won't be a concern. If the parties are not confident in the security of the data source they will not enter the contractual agreement.
even still, no matter what solution you use to retrieve data, there's always a chance of a bad actor or human error fucking up that data at the source. Nobody's disputing that. Chainlink just seeks to make the process as trustless as possible every step between the source and the smart contract.
Moreover, the fact that data sources can be compromised doesn't change the fact that ChainLink adds value. It is still preferable to use smart contracts instead of the traditional legal frameworks where possible to cut costs. Traditional contracts are more prone to abuse.
e.g. I deliver the goods but you decide not to pay me $1m because you don't want to. You threaten to drag me thru legal proceedings which will cost me $500k, effectively extorting me out of 50%.
That's your problem. To blindly and unconditionally trust your money to an THIRD-PARTY online data source, without disputes and chargebacks, is not something that's gonna have a very broad use. Who fucking cares how you decentralize API interaction.
Literally a hyped-up solution to a strawman problem
Then don't trust the source blindly and unconditionally. Vet it.
Just bought some more link, will sell it before the conference for profit (I HOPE)
>e.g. I deliver the goods but you decide not to pay me $1m because you don't want to.
What a bunch of bullshit. Your gay sensors and automatic verification won't save you from the same or greater (which it is) degree of fraud
Smart contracts are immutable, which means you do trust the source unconditionally
You are a MANIAC
Only if you enter the contract in the first place. For a highly specialized use case, you would likely develop a bespoke contract, in which case you would have scope to vet the data source.
In other general cares e.g. insurance contract needs to check if the magnetic lock was active for the warehouse, or, shipping contract which checks if the containers arrived, yes you need to trust the lock makers or the port or whatever.
If these trusted third parties were found to be bad actors or insecure, they will likely be punished via legal action or outcompeted.
The point is you know that the data, once it leaves the source, has not been tampered with. This is the value that it offers.
Thanks, 20k link reporting in.
>actually selling LINK
gtfo you filthy casual
As if you can't dispute a contract that settles based on incorrect information. You brainlets think the output from decentralized oracles supersedes contract law, how is this possible.
This. Grab some cheap AGI. You're betting on their marketplace, not their AI, though OpenCog and Sophia (thanks to hanson robotics) are plenty impressive.
LINK will make us all rich.
Join discord nrM4Jk
Forget what everyone says and just buy a 1000 LINK, then get off biz and just forget like it never happened. Thank me in a few years.
The point is, if you know that the data is legit, you don't need a fucking third party "network" supposed to verify data validity.
The whole point of smart contracts is immutability, i.e. when interacting with unknown, unreliable and potentially hostile counterparties. If you can dispute things, smart contracts become unnecessary. An automatic trigger is not really different from a Joe pressing the "done" button.
No dude because you need a mechanism which sends the legit data to the network. An oracle. How do you know the oracle is legit? ChainLink.
*blockchain. not network
>no working product
>not a meme
lol
Chainlink is vaporware, it doesn't verify the validity of data itself (which you have to unconditionally trust), nor does it combine multiple sources, instead it verifies the validity of OUTPUT, which is, of course, bollocks
The validity of the data itself is not the issue.
It ensures the tamper proof ness of the inputs and outputs.
It never claimed to solve the trust issue around data providers. It solves the oracle problem (lel).
This seems to be fucking you off because in your view it adds no value. That's fine.
It does aggregate multiple sources if you want it to.
I gtg. Take it easy my dude.
>
>is in alpha
it actually does. it compares data from multiple data sources and throws out outliers with erroneous data and instead uses the mean data of the remaining ones. see pg 11 whitepaper
thank you for your comments
Thanks as well
Helps me understand both sides.
Thank you sir defending
Wow really smart, how didn't we realize this before?
Sergey has been doing this for years with banks and other projects will be building on ChainLink, but this user just BTFOs them all at once right here on the spot.
Who's selling with me now, fellow LINK holders?
Don't forget AMB ITS THE NEXT LINK BRO LOL CHAD CEO BRO LOL!
Oh yeah? Why can't any other random token do it's job
UH....GUARANTEED 3x?
>this is what nolinkers really believe
I don't know what to tell you if you think immutability = indisputability. The value comes from savings in overhead and personnel costs for both undisputed and disputed contracts.
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