Topic: Chainlink (LINK) - middleware that connects smart contracts to external world - page 18. (Read 23770 times)
September 23, 2017, 03:31:25 PM
LINK Price is about ICO price and don't want to go to the Moon
September 23, 2017, 05:09:38 AM
When looking at Chainlink and the new ICO Request, I just dont think they can compete with XRP/Ripple. They have no chance, another thought, why would swift use Chainlink when they can just use ETH.
September 21, 2017, 08:20:59 PM
Devs are deceptive and liars I'm afraid. I'm staying faarrrr away from this project.
They rewarded people that cheated during the crowdsale
They rewarded people that cheated during the presale
But worst of all they said they promised to only allocate 50 percent to the presale participants. Yet they allocated much much more.
This, amongst other things, were forcibly hidden from the public or blatantly lied about.
They rewarded people that cheated during the crowdsale
They rewarded people that cheated during the presale
But worst of all they said they promised to only allocate 50 percent to the presale participants. Yet they allocated much much more.
This, amongst other things, were forcibly hidden from the public or blatantly lied about.
where is info on that? links,proof,etc.
I am a living proof. They controlled the funds displayed on their home page by a timer. When I moved my system time past the crowdsale start time, it displayed 29MM+ raised, leaving only 2MM+ for the actual crowdsale.
And for some their contribution addresses have been unmasked before the crowdsale start time, I guess this is one of the reason for the cap to be filled soon.
When I commented about this on their slack, they banned me.
Got to know that they have refunded the ETH contributions which did not make it. And they have also distributed the LINK tokens.
September 21, 2017, 08:42:14 AM
Sounds great, great missions, looks promising, projects that have the potential for success, hopefully run as planned and good luck
September 21, 2017, 07:46:37 AM
https://www.youtube.com/watch?v=ytv8U0bejPA
https://www.youtube.com/watch?v=nMlpTgxKtAY
,Sergey Nazarov speak about project.
https://www.youtube.com/watch?v=nMlpTgxKtAY
,Sergey Nazarov speak about project.
September 21, 2017, 07:33:07 AM
this is a very good project, can I know where the official announcement, it seems I'm very interested to join ICO, unfortunately if such a good project has no official announcement
ICO ended,now can only buy tokens on exchange , all information on their web. Read Whitepaper
September 21, 2017, 07:28:20 AM
this is a very good project, can I know where the official announcement, it seems I'm very interested to join ICO, unfortunately if such a good project has no official announcement
September 21, 2017, 05:35:38 AM
How to contact team,can they add token to normal exchange ?
https://coinmarketcap.com/assets/chainlink/
because i cant use that laggy only vpn working https://etherdelta.com/#LINK-ETH
https://coinmarketcap.com/assets/chainlink/
because i cant use that laggy only vpn working https://etherdelta.com/#LINK-ETH
September 21, 2017, 05:17:54 AM
what exchanges can we find chainlink once the ico is done? been looking on the big ones and couldn't find anything..
https://etherdelta.com/#LINK-ETHthat etherdelta works like sh1t,opened only by VPN .
September 21, 2017, 05:00:01 AM
Devs are deceptive and liars I'm afraid. I'm staying faarrrr away from this project.
They rewarded people that cheated during the crowdsale
They rewarded people that cheated during the presale
But worst of all they said they promised to only allocate 50 percent to the presale participants. Yet they allocated much much more.
This, amongst other things, were forcibly hidden from the public or blatantly lied about.
They rewarded people that cheated during the crowdsale
They rewarded people that cheated during the presale
But worst of all they said they promised to only allocate 50 percent to the presale participants. Yet they allocated much much more.
This, amongst other things, were forcibly hidden from the public or blatantly lied about.
where is info on that? links,proof,etc.
September 20, 2017, 07:09:48 PM
Devs are deceptive and liars I'm afraid. I'm staying faarrrr away from this project.
They rewarded people that cheated during the crowdsale
They rewarded people that cheated during the presale
But worst of all they said they promised to only allocate 50 percent to the presale participants. Yet they allocated much much more.
This, amongst other things, were forcibly hidden from the public or blatantly lied about.
They rewarded people that cheated during the crowdsale
They rewarded people that cheated during the presale
But worst of all they said they promised to only allocate 50 percent to the presale participants. Yet they allocated much much more.
This, amongst other things, were forcibly hidden from the public or blatantly lied about.
September 20, 2017, 07:02:20 PM
what exchanges can we find chainlink once the ico is done? been looking on the big ones and couldn't find anything..
https://etherdelta.com/#LINK-ETH September 20, 2017, 09:32:11 AM
what exchanges can we find chainlink once the ico is done? been looking on the big ones and couldn't find anything..
September 20, 2017, 07:35:25 AM
Is LINK token distributed?
How to add the token?
How to add the token?
September 19, 2017, 03:07:04 PM
ICO was ended in 5 minutes. HardCap 32mln$ was reached. Congratulation team.
September 18, 2017, 07:13:12 PM
Hello,
I can't see your team info.
Also, why we need a middleware at all for smart-contracts?! How can you solve the missing 'outside connectivity' problem.
Currently smart-contracts and crypto-currencies are for tech-aware users and this hold for at least 3-5 years.
I can't see your team info.
Also, why we need a middleware at all for smart-contracts?! How can you solve the missing 'outside connectivity' problem.
Currently smart-contracts and crypto-currencies are for tech-aware users and this hold for at least 3-5 years.
September 18, 2017, 07:05:27 PM
Great ICO! Also have extra accounts that I am selling, have a bunch available, 0.5 ETH each or best offer. Each account will allow you to contribute up to 7 ETH. I will send you a link to the official site that has the unique contribution address for each account, so you can send funds there and receive your tokens to the address you sent from without having to trust me. PM me if interested.
September 18, 2017, 02:36:11 PM
Selling Chainlink accounts.
PM me.
Got 10 available.
0.5 ETH each.
Got proof for every account, and there is no way of me recovering the accounts (pm me and you will see the method)
PM me.
Got 10 available.
0.5 ETH each.
Got proof for every account, and there is no way of me recovering the accounts (pm me and you will see the method)
September 17, 2017, 02:48:45 PM
Why only 2 post here? Is it not original anounce tread for this project? I don't understand. They have a super project but withiout a topic on bitcointalk?
September 17, 2017, 02:35:35 AM
Chainlink believes that part of the problem with today’s smart contract is a lack of outside connectivity. They believe that a secure network of oracles can solve this problem, and this is the product they aim to present. In looking it over, we noted that it would have very specialized uses, first and foremost, and that recognition of this fact would be crucial to the investor.
Today, the lion’s share of traditional contractual agreements that have been digitally automated use external data to prove contractual performance, and require dataoutputs to be pushed to external systems. When smart contracts replace these oldercontractual mechanisms, they will require high-assurance versions of the same typesof data inputs and outputs.
In essence, the overview of Chainlink is that they want to improve the usability of smart contracts for certain types of applications. This means their market will be smart contract providers and smart contract users. As I said earlier, it’s relatively niche, but that doesn’t mean it can’t carry a great deal of potential value. We’re going to try to remember that while everything to do with the blockchain is still, in essence, very niche, everything in that category is also expanding exponentially, at a rapid pace, including a market that would need smart contract services. They list a few types of smart contracts they will help immediately: securities, insurance, and trade finance.
Chainlink’s actual system will consist of two separate parts: on-chain and off-chain. These will have to interact in order to deliver the service. The system has to keep the results from oracles correct as well as allow oracles to make them independently. This is where the interesting part presents itself: an oracle could be someone like the New York Stock exchange providing accurate trade information, or the Visa network settling a transaction. The Chainlink technology aims to on-board them all in one fell swoop, itself acting as a (and low cost barrier to entry.)
Chainlink Token
In order to compensate the off-chain needs of the Chainlink system, the LINK token is established to pay them. The token is required to perform this function, so its demand is therefore in relation to the number of other people doing the same thing. As with most of these token schemes, the real means test is when the system goes live and whether or not a lot of people join the network or not. If the answer is not, then the token has no inherent value since no one actually wants it – even if it remains having speculative value, enough demand must ultimately be generated for a token in order for it to have legs.
The LINK token is an ERC20 token, with the additional ERC223 “transfer and call” functionality of transfer (address, uint256, bytes), allowing tokens to be received and processed by contracts within a single transaction.
Distribution
There will be a total supply of 1,000,000,000 tokens. Further details on the actual token are yet unavailable, which is unfortunate, as details such as how many tokens are actually released to the public are important.
The whitepaper gives the least detail about the token itself, which is problematic. Here is the thing: the idea behind the system is sound, the technology being used to implement it is sold. But does it actually need an ICO to successfully launch? Why does it require its own token? It would seem obvious that the oracles themselves would have incentive to keep their network and access to their own data constant. This is just a question, it doesn’t mean it can’t work this way. The author only means to raise the question of whether or not more generic, protocol-level solutions may supercede Chainlink’s efforts in the natural flow of disruption.
// -- Get exclusive consultation for as low as $249 per month on MoneyMakers.com -- //
Team
The actual current team of Chainlink is just the pair Sergey Nazarov and Steve Ellis. One assumes they’ll hire the rest of the talent they need, but it is disconcerting to see just two people actually involved up to date.
Ellis previously worked at Pivotal Labs.
Nazarov’s qualifications seem to be that he was early to cryptocurrency.
This one can get an okay rating without a high team score, in any case.
Verdict
We’re forced to make a verdict mostly based on the concept of the token – that it will be in demand because the service itself will be in demand. We’ll lend some credibility to the argument that smart contract as it were are not totally flexible enough for the market as it is, and presume that Chainlink, with the hype surrounding it, will be one of the early companies to market in servicing smart contracts with external data solutions.
Risk
We think there could be a long period in which these tokens are in low demand, and during this time, people will be forced to hold the bag. -1.5
We think the legacy oracle networks that are being sought out to join the revolution will need some real incentives to do so. The value of the token will have to be there for them, as well as the value in disrupting their own existing business models. -1.5
Growth Potential
Extending the power and usability of smart contracts by default and extension extends the value and demand for the tokens on t 1,000,000,000hose networks. We think that if this project succeeds, it will be one of many tokens which sees an increase in value as a result. +3
Hype has built significantly around this ICO despite some crucial details regarding the token. We think that if you can get yourself a small basket of them and prepare to dump, there will be a window to do that. We say this with caution, since as we noted elsewhere in the article, there will likely be a period where the token will have a low value, by nature of the network establishing itself and demand for the token doing the same. +3
Tokens which do not have to fundamentally reshape some area of society to have an actual value at market are great. Let’s give another 2 points on these grounds.
Disposition
We arrive at a 5, or lukewarm for Chainlink. We fear that the lack of details may be attributable to the lack of a dedicated team, not just a desire to build hype. We wouldn’t put too much into it, but wouldn’t write it off or be surprised if it does extremely well, either.
Investment Details
On September 18th there will be more details at https://link.smartcontract.com/crowdsale
Today, the lion’s share of traditional contractual agreements that have been digitally automated use external data to prove contractual performance, and require dataoutputs to be pushed to external systems. When smart contracts replace these oldercontractual mechanisms, they will require high-assurance versions of the same typesof data inputs and outputs.
In essence, the overview of Chainlink is that they want to improve the usability of smart contracts for certain types of applications. This means their market will be smart contract providers and smart contract users. As I said earlier, it’s relatively niche, but that doesn’t mean it can’t carry a great deal of potential value. We’re going to try to remember that while everything to do with the blockchain is still, in essence, very niche, everything in that category is also expanding exponentially, at a rapid pace, including a market that would need smart contract services. They list a few types of smart contracts they will help immediately: securities, insurance, and trade finance.
Chainlink’s actual system will consist of two separate parts: on-chain and off-chain. These will have to interact in order to deliver the service. The system has to keep the results from oracles correct as well as allow oracles to make them independently. This is where the interesting part presents itself: an oracle could be someone like the New York Stock exchange providing accurate trade information, or the Visa network settling a transaction. The Chainlink technology aims to on-board them all in one fell swoop, itself acting as a (and low cost barrier to entry.)
Chainlink Token
In order to compensate the off-chain needs of the Chainlink system, the LINK token is established to pay them. The token is required to perform this function, so its demand is therefore in relation to the number of other people doing the same thing. As with most of these token schemes, the real means test is when the system goes live and whether or not a lot of people join the network or not. If the answer is not, then the token has no inherent value since no one actually wants it – even if it remains having speculative value, enough demand must ultimately be generated for a token in order for it to have legs.
The LINK token is an ERC20 token, with the additional ERC223 “transfer and call” functionality of transfer (address, uint256, bytes), allowing tokens to be received and processed by contracts within a single transaction.
Distribution
There will be a total supply of 1,000,000,000 tokens. Further details on the actual token are yet unavailable, which is unfortunate, as details such as how many tokens are actually released to the public are important.
The whitepaper gives the least detail about the token itself, which is problematic. Here is the thing: the idea behind the system is sound, the technology being used to implement it is sold. But does it actually need an ICO to successfully launch? Why does it require its own token? It would seem obvious that the oracles themselves would have incentive to keep their network and access to their own data constant. This is just a question, it doesn’t mean it can’t work this way. The author only means to raise the question of whether or not more generic, protocol-level solutions may supercede Chainlink’s efforts in the natural flow of disruption.
// -- Get exclusive consultation for as low as $249 per month on MoneyMakers.com -- //
Team
The actual current team of Chainlink is just the pair Sergey Nazarov and Steve Ellis. One assumes they’ll hire the rest of the talent they need, but it is disconcerting to see just two people actually involved up to date.
Ellis previously worked at Pivotal Labs.
Nazarov’s qualifications seem to be that he was early to cryptocurrency.
This one can get an okay rating without a high team score, in any case.
Verdict
We’re forced to make a verdict mostly based on the concept of the token – that it will be in demand because the service itself will be in demand. We’ll lend some credibility to the argument that smart contract as it were are not totally flexible enough for the market as it is, and presume that Chainlink, with the hype surrounding it, will be one of the early companies to market in servicing smart contracts with external data solutions.
Risk
We think there could be a long period in which these tokens are in low demand, and during this time, people will be forced to hold the bag. -1.5
We think the legacy oracle networks that are being sought out to join the revolution will need some real incentives to do so. The value of the token will have to be there for them, as well as the value in disrupting their own existing business models. -1.5
Growth Potential
Extending the power and usability of smart contracts by default and extension extends the value and demand for the tokens on t 1,000,000,000hose networks. We think that if this project succeeds, it will be one of many tokens which sees an increase in value as a result. +3
Hype has built significantly around this ICO despite some crucial details regarding the token. We think that if you can get yourself a small basket of them and prepare to dump, there will be a window to do that. We say this with caution, since as we noted elsewhere in the article, there will likely be a period where the token will have a low value, by nature of the network establishing itself and demand for the token doing the same. +3
Tokens which do not have to fundamentally reshape some area of society to have an actual value at market are great. Let’s give another 2 points on these grounds.
Disposition
We arrive at a 5, or lukewarm for Chainlink. We fear that the lack of details may be attributable to the lack of a dedicated team, not just a desire to build hype. We wouldn’t put too much into it, but wouldn’t write it off or be surprised if it does extremely well, either.
Investment Details
On September 18th there will be more details at https://link.smartcontract.com/crowdsale
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