CCIP and DECO are way bigger deals than staking. Staking is purely for security. DECO enables completely new use cases of dapps and CCIP reinvents how we perceive blockchains and how to architect dapps.
The security of the network, the thing that sets it apart from the security guarantees that we see in TradeFi every day. Staking means nodes have direct skin in the game, rather than indirect through reputation and future fee opportunity which is no different to what banks & corporates offer today.
how else are you gonna pay for the chainlink nodes fool
1 week ago
Anonymous
you could do the same shit as how the price feeds are architectured
you have ~~*sponsors*~~ as paypigs to cover some of the operating costs
glad you admitted that you pulled it out your ass though
1 week ago
Anonymous
If you’re talking about subsidized networks Chainlink isn’t doing that anymore
1 week ago
Anonymous
where is this explicitly stated?
you're pulling it out of your ass right?
How to Tell if the Chainlink Token is Needed
Step 1:
Evaluate if Chainlink nodes are performing services for clients, Y/N. If "yes", then the only token that Chainlink's network allows them to be paid in is LINK, meaning that the clients serviced must provide payment in the form of the LINK token for the services in question. Congratulations, you now understand LINK. If you have contentions with this or are merely curious, proceed to Step 2.
Step 2:
Not a necessary step. If you have a problem with Step 1, this is where you come to have a meltdown. Apparently, if you have come to this step on the pretense of contentions with Step 1, you cannot leave; you remain stuck in Step 2 for the apparent remainder of your life while everyone who understood and accepted Step 1 either bought LINK and became prospective of LINK's exciting opportunities across all platforms utilizing or relating to distributed ledger technology, or didn't and moved on. You may think that Chainlink's network could, in theory, simply accept other forms of payment than LINK, and you are entitled to this opinion—however, it is not how things work, and to say that this could be the case is as speculative as saying that Ethereum miners could, theoretically, if only it were coded and introduced into Ethereum's protocol, accept payment in the form of some other blockchain's native currency. For anyone stuck in Step 2, it is apparently incomprehensible that this will not come to pass; seeing any evidence that the LINK token is, in fact, already very firmly embedded into Chainlink's routine operations allows the subject to stay fresh in their minds. The ongoing success of the Chainlink network likely ensures that they will remain stuck on the matter for as long as they live.
1 week ago
Anonymous
kek based. those stuck in step 2 wont like this
1 week ago
Anonymous
>simply accept other forms of payment than LINK
Didn't it state in a blogpost that this was possible to do?
1 week ago
Anonymous
it all gets converted to link on the backend anyway.
In 2030 1-2% of all the money in the world will be getting converted to LINK on the backend.
1 week ago
Anonymous
7 more years!
1 week ago
Anonymous
i plan on being alive for 7 more years and I hope you do too, because when I make it, you will make it too.
1 week ago
Anonymous
>77
1 week ago
Anonymous
If that anons scenario comes about link will be $81000 in seven years
1 week ago
Anonymous
>it all gets converted to link on the backend anyway
i do this as well. every time my employer pays me, i convert the dollars into my own token before paying myself. this makes my token very valuable
1 week ago
Anonymous
>cuck manifesto
didn't read, never buying
1 week ago
Anonymous
Lol, you hold LINK. I'm certain of it. Keep up the good work.
1 week ago
Anonymous
Nice projection cuck.
1 week ago
Anonymous
I too post about Chainlink non-stop every day. It's all I think about anymore, it consumes my every thought.
1 week ago
Jealous
Cunt face gang is going into the toilet.
1 week ago
Anonymous
Is someone else home to change your diaper or am I gonna have to come over there.
1 week ago
Anonymous
bro you absolutely destroyed that fud fag
1 week ago
Anonymous
five hours later and I am still in absolute owl of what you posted
>5 hours gloating over an infantile insult
1 week ago
Anonymous
five hours later and I am still in absolute owl of what you posted
1 week ago
Anonymous
>you could do the same shit as how the price feeds are architectured
The nodes running the price feeds are paid in Link tokens.
where's the funded link
kinda awkward for you guys to be spouting retarded shit without any basis in reality >MMMUH FUD
End users don't pay directly to nodes for aggregated feeds.
That shit wouldn't work.
1 week ago
Anonymous
If you’re talking about subsidized networks Chainlink isn’t doing that anymore
[...]
How to Tell if the Chainlink Token is Needed
Step 1:
Evaluate if Chainlink nodes are performing services for clients, Y/N. If "yes", then the only token that Chainlink's network allows them to be paid in is LINK, meaning that the clients serviced must provide payment in the form of the LINK token for the services in question. Congratulations, you now understand LINK. If you have contentions with this or are merely curious, proceed to Step 2.
Step 2:
Not a necessary step. If you have a problem with Step 1, this is where you come to have a meltdown. Apparently, if you have come to this step on the pretense of contentions with Step 1, you cannot leave; you remain stuck in Step 2 for the apparent remainder of your life while everyone who understood and accepted Step 1 either bought LINK and became prospective of LINK's exciting opportunities across all platforms utilizing or relating to distributed ledger technology, or didn't and moved on. You may think that Chainlink's network could, in theory, simply accept other forms of payment than LINK, and you are entitled to this opinion—however, it is not how things work, and to say that this could be the case is as speculative as saying that Ethereum miners could, theoretically, if only it were coded and introduced into Ethereum's protocol, accept payment in the form of some other blockchain's native currency. For anyone stuck in Step 2, it is apparently incomprehensible that this will not come to pass; seeing any evidence that the LINK token is, in fact, already very firmly embedded into Chainlink's routine operations allows the subject to stay fresh in their minds. The ongoing success of the Chainlink network likely ensures that they will remain stuck on the matter for as long as they live.
Staking has the biggest potential to make us moon. All this use case shit is great long term but look at how immature the market currently is. Even if DECO were to release today nobody would even use it because nobody is actually interested in creating something useful, they just want to create shitcoins.
Probably at some point. Surely they see the writing on the wall and there's a reason they're hiring L1/consensus experts and publishing papers on those topics. My fear is they use CCIP to transition off Ethereum and in the process of replacing Ethereum they dilute me somehow.
Ethereum is like a string cheese stick wedged between Sirgay's belly and his belt line. CCIP is 81k Big Macs. Do the math, idiot.
I can't, I'm innumerate.
I am quantitatively eating.
Guess I should have stared a "lol chainlink cuck token" thread instead.
Nothing matters until v1.0 staking is live, in my humble opinion.
CCIP and DECO are way bigger deals than staking. Staking is purely for security. DECO enables completely new use cases of dapps and CCIP reinvents how we perceive blockchains and how to architect dapps.
Will link tokens still be ERC-20 tokens?
Link has already been downgraded to ERC-10 due to extremely poor performances. Link tokens will be ERC-2 or 3 at most
2 weeks after they will drop from ERC-2 to 1k.
On the Ethereum blockchain, it will be represented as ERC-20 tokens. On other blockchains, it will take some other form.
But what makes staking needed?
The security of the network, the thing that sets it apart from the security guarantees that we see in TradeFi every day. Staking means nodes have direct skin in the game, rather than indirect through reputation and future fee opportunity which is no different to what banks & corporates offer today.
Staking is all that matters because it's what makes the token needed.
you need the token to use CCIP dummy
where is this explicitly stated?
you're pulling it out of your ass right?
how else are you gonna pay for the chainlink nodes fool
you could do the same shit as how the price feeds are architectured
you have ~~*sponsors*~~ as paypigs to cover some of the operating costs
glad you admitted that you pulled it out your ass though
If you’re talking about subsidized networks Chainlink isn’t doing that anymore
How to Tell if the Chainlink Token is Needed
Step 1:
Evaluate if Chainlink nodes are performing services for clients, Y/N. If "yes", then the only token that Chainlink's network allows them to be paid in is LINK, meaning that the clients serviced must provide payment in the form of the LINK token for the services in question. Congratulations, you now understand LINK. If you have contentions with this or are merely curious, proceed to Step 2.
Step 2:
Not a necessary step. If you have a problem with Step 1, this is where you come to have a meltdown. Apparently, if you have come to this step on the pretense of contentions with Step 1, you cannot leave; you remain stuck in Step 2 for the apparent remainder of your life while everyone who understood and accepted Step 1 either bought LINK and became prospective of LINK's exciting opportunities across all platforms utilizing or relating to distributed ledger technology, or didn't and moved on. You may think that Chainlink's network could, in theory, simply accept other forms of payment than LINK, and you are entitled to this opinion—however, it is not how things work, and to say that this could be the case is as speculative as saying that Ethereum miners could, theoretically, if only it were coded and introduced into Ethereum's protocol, accept payment in the form of some other blockchain's native currency. For anyone stuck in Step 2, it is apparently incomprehensible that this will not come to pass; seeing any evidence that the LINK token is, in fact, already very firmly embedded into Chainlink's routine operations allows the subject to stay fresh in their minds. The ongoing success of the Chainlink network likely ensures that they will remain stuck on the matter for as long as they live.
kek based. those stuck in step 2 wont like this
>simply accept other forms of payment than LINK
Didn't it state in a blogpost that this was possible to do?
it all gets converted to link on the backend anyway.
In 2030 1-2% of all the money in the world will be getting converted to LINK on the backend.
7 more years!
i plan on being alive for 7 more years and I hope you do too, because when I make it, you will make it too.
>77
If that anons scenario comes about link will be $81000 in seven years
>it all gets converted to link on the backend anyway
i do this as well. every time my employer pays me, i convert the dollars into my own token before paying myself. this makes my token very valuable
>cuck manifesto
didn't read, never buying
Lol, you hold LINK. I'm certain of it. Keep up the good work.
Nice projection cuck.
I too post about Chainlink non-stop every day. It's all I think about anymore, it consumes my every thought.
Cunt face gang is going into the toilet.
Is someone else home to change your diaper or am I gonna have to come over there.
bro you absolutely destroyed that fud fag
>5 hours gloating over an infantile insult
five hours later and I am still in absolute owl of what you posted
>you could do the same shit as how the price feeds are architectured
The nodes running the price feeds are paid in Link tokens.
What?
How else would you pay for the services? They’re not free retard
using price feeds is literally free
go read the docs stupid newfag
The feeds were always sponsored.
End users don't pay directly to nodes for aggregated feeds.
That shit wouldn't work.
https://docs.chain.link/data-feeds/using-data-feeds#examine-the-sample-contract
where's the funded link
kinda awkward for you guys to be spouting retarded shit without any basis in reality
>MMMUH FUD
wrong, CCIP, DECO, FFS or any other chainlink product is useless for us if the token is not used for payment for the service
Staking has the biggest potential to make us moon. All this use case shit is great long term but look at how immature the market currently is. Even if DECO were to release today nobody would even use it because nobody is actually interested in creating something useful, they just want to create shitcoins.
Probably at some point. Surely they see the writing on the wall and there's a reason they're hiring L1/consensus experts and publishing papers on those topics. My fear is they use CCIP to transition off Ethereum and in the process of replacing Ethereum they dilute me somehow.
the point is moot since they are unable to deliver it anyway. if they could, they would have done so years ago
No, Chainlink is a cuck of Ethereum
Y-ccip-E-ccip-S
All LINK threads are opened by the same tranny discord. It is all so tiresome.
> inb4. not selling lmao
You gotta come up with something more creative, buddy. Nobody is buying it.
?t=1674
there's always a few linkshills trying to derail actual valid discussion because they can't respond to the criticism at face value
>i post in bad faith stop trying to derail my fud spam and engage with it
nah, sorry fudcuck
not selling
what's bad faith about posting factual statements about the link token?
>m-maybe youll engage with me now?
sorry, just not selling