So other then Scam pumps what is Chainlinks use case? 🤔

crosschain operability and decentralized oracles. Brings smart contracts to any blockchain too

What does decentralized mean if the devs can change things whenever they want. Both LINK, ETH devs

but dont worry according to BSV thot leaders its a blatant scam

Link is chain agnostic middleware. Decentralized in this context means the oracles source different APIs trustlessly and penalizes mistakes. Trustlessly connects different blockchains etc.

it is not a "crypto"

"Set in stone" meme doesnt apply here

Relayx and MB can use Link for their price oracles for example so theres no fuck ups like one day it costs $0.04 to post a picture and another day its $0.14

Interesting. Why don’t they break off and become their own blockchain then instead of still being on ETH? Just asking

the tokens were issued on ETH in 2017 just like everything else. I'd imagine with the crazy fees its not the optimal blockchain for this

So its possible for Link to move to on BSV in future then?

@2 may you share your thoughts on Link? Is it something that has a chance of hanging around with BSV down the track?

Ok read this to understand chainlink

https://www.bitcoin-squad.com/chiliz-has-integrated-with-chainlink-what-are-the-benefits-of-this-cooperation/

Chainlink is just another premined shitcoin. SHA-256 proof of work as a solution to the Byzantine Generals Problem is what makes BitCoin valuable.

Chainlink like ETH will promise the world, fail to scale, and deliver nothing. Good luck burning your money.

What lol?

You guys have serious misunderstanding of what link is. It is NOT a decentralized crypto like bitcoin. Its a utility token thats staked and transferred in the link network...

But yeah premine ICO definitly

Usury scam. Good luck with your investment.

Why would a base layer digital money protocol need a price oracle?
This is a trivial problem, a line of code. First of all BSV Nodes have freedom to set prices any way they see fit, fast/slow, hi/lo. Second, apps can simply convert prices, it's trivial.

base layer digital money protocol doesn't. your apps built on it do.

https://twetch.app/t/a46b4e5edc545936468f6eef521a3b4fac18ed720d8d4111c6173526029c04d1

Already have an app in development that does this, it's a simple api call to check for price on an exchange. Business is fast, but it's not THAT fast, especially for a microtransaction business. Still not understanding. What do I pay for chainlink service?

Sorry bro. can't teach someone who dont wanna learn

Highly recommend defining "crosschain operability"
as well as "decentralized oracles".

Theres TWO "apps for that"
1. Define: https://www.slictionary.com/createword/@/@
2. Bounty: Pay others to define:
https://www.slictionary.com/
Enter term
hit Set Bounty

im not shilling link. i sold all mine long ago. I do think its very useful and BSV apps can leverage it instead of making own oracles and all that shit link has solved

Also it can be easily copied so not sure what value prop it has. CSW claimed its even patented by nchain but when i confronted the li k marines about it they couldnt answer that

Not buyin what you're sellin.

So far nothing you've said is interesting, but figured I'd give it a shot to see if ChainLink could elevator pitch me for why I need it. Not in the habit of reading long tomes about stuff I don't need.

You need data from outside the blockchain for your smart contracts you will use link to query more than 1 API to get the truth. An oracle that fucks up gets punished.
Example: Coinbase price API glitches, your contract makes mistake. bad.