#BofA
Digital Assets report goes into a fair bit of detail on
#Chainlink
. And as per the Citi report, all 4 of the core enablers for mainstream adoption are solved / facilitated by $LINK services =>
#zkKYC
#zkOracles
#DECO
#CCIP
Are we crazy anon? 🙃
>Ryan Lovell is the same guy that was filing patents for Vanguard, describing how to use decentralized oracles in their future DLT products. 2 years later he has been taken on in a senior role at Chainlink Labs.
$LINK
#Chainlink
If you're confused about how/why a huge segment of the crypto news/influencer crowd is silent on CCIP, this is your answer. Even Coinbase Institutional covered ETHCC and completely ignored CCIP.
Approximately $487 trillion of value could be brought onto blockchains. Crypto oracles are the key to bridging the real world with decentralized networks.
At this point if you're in crypto and are still fading $LINK there is something seriously wrong with you.
#Chainlink
has this entire stack (all 4) of critical infrastructure on lock.
This should be considered speculation (first post is mine), but I am struggling to see why it isn't heading this way more or less over time (not immediately on
#CCIP
release - and staking 1.0 would accelerate this dynamic). Let me know if you have any thoughts.
#Chainlink
$LINK
These complaints about early phase staking are a bit tedious, it is an incredibly delicate balancing act for
#Chainlink
to evolve and transition into the long term vision - as in actually becoming the world's first trust network. A $LINK thread -🧵1
Sergey on The Break Down today 👀
>public blockchain internet of contracts
>a bank grade internet of contracts for the private bank chains
>eventually these two internet of contracts will merge
>into one global internet of contracts powered by
#CCIP
$LINK
#Chainlink
Did you know there is nothing else in this entire space remotely capable of this? The vast majority of the worlds APIs are TLS based => backwards compatible interoperability. DECO is a top 10 project on its own.
#Chainlink
has every angle covered.
Chainlink DECO is enabling privacy-preserving Web3 apps in several PoCs:
-
@photo_chromic
proves ownership of Web2 accounts
-
@Clique2046
verifies social media interactions
-
@burrataxyz
checks off-chain identity records
-
@useteller
attests to bank balances
Tfw we are actually going to end up with banks deploying live on
#Chainlink
#CCIP
prior to most of retail actually buying some $LINK 🫡
Next they will call us lucky and say we couldn't have known 😌
As Australia and New Zealand Banking Group (ANZ), one the world’s largest global banks with over $1 trillion in total assets under management, demonstrates the use of CCIP for secure cross-chain stablecoin transactions, the role of Chainlink and CCIP as a standard for interbank
People said Google wouldn't have a viable value capture model back in the day. $LINK value capture potential is vastly greater but also vastly more complex and monumental to launch. Don't let the fudders psyop you, CL will be one of the few infra projects left standing in the end
Blockchain = Computer
Blockchain + Oracles = Computer + Internet
Blockchain + Oracles + DECO = Computer + Internet + TLS/SSL
Buying $LINK now is the equiv of having been able to buy a token attached to TCP/IP in the early days of the Internet rolling out.
You don't see other protocol founders constantly touring the world like this with key industry figures & institutional partners because they have nothing to talk about.
At
@BlLife_Forum
, CEO of Dubai Blockchain Center
@drmarwan
sat down with
@SergeyNazarov
to discuss how the UAE and other regions can create a clear path for the institutional adoption of tokenized assets and blockchain technology.
Full fireside chat:
Sergey let slip that Eric is becoming intimately involved with
#Chainlink
, spends 40mins~ on stage talking about $LINK with Sergey, but yeah crypto news is going to take out one comment and make the headline about Ethereum.
😅
>The network which harvests these residual trust sources from the real world is the one that wins
>The Associated Press partners with crypto company Chainlink to add data about elections, sports, and more to the blockchain
Are you starting to get it anon? $LINK
#Chainlink
Is this the most bullish video in all of Web3 history? Can you imagine being one of the midwits still fading all of this? Do $LINK Marines live in some alternative plane of reality? 👁️
Tonight at
#Sibos
, 175+ representatives from some of the world’s largest financial institutions attended an exclusive Chainlink networking event.
Thoughts from Chainlink Co-founder
@SergeyNazarov
& Swift’s Head of Securities Strategy Jonathan Ehrenfeld:
The more apps that roll out with
#CCIP
the less people are going to need to hold ETH to use as payments / money. Further it even potentially encourages you to hold $LINK for the fee reduction, esp if you now see LINK as the safer thing to hold long term.
Probably be a lot less angst/fud if people realized the entire market is in disbelief phase and that $LINK simply moved early, consolidated early and is sitting in a perfectly fine position for what happens next.
(Or I am insane and should be ignored).
🤔🙃
Guess which Web3 CEO told you that banks are deploying their own chains with their own stablecoins and will use an abstraction layer to $LINK them altogether?
#Chainlink
Labs Team publication citations:
Ari Juels: 46,805
Dan Boneh: 98,399
Mike Reiter: 38,136
Farinaz Koushanfar: 25,555
Christian Cachin: 16,943
Dahlia Malkhi: 13,837
Christian Catalini: 8,365
Toal: 248,040
Crypto founder publication citations all-time:
1. Satoshi Nakamoto: 32,695
2. Emin Gün Sirer: 17,865
3. Vitalik Buterin: 9,870
“So many academics forget that our goal, as a profession, is *not* to publish papers. It's to change the world.”
Nevertheless, definitely something.
You might need to lower your short-medium term $LINK expectations but understand it is ultimately bullish because nothing else can efficiently generate this much economic security. Only
#Chainlink
has a shot at securing global interoperability.
I am not an ETH hater, but I grew up in early web days and this would be like putting more emphasis on OS/DB infra over the entire Internet. $LINK is the next big data/tech play, I mean you just had the CEO that made Google what it is today go on stage to more or less say this.
#Chainlink
DECO GTM Lead writing a research paper with Federal Reserve member Silvergate bank's head of innovation re
#zkKYC
#zkOracles
See DECO below in PoC action. $LINK
RTJ Tweet and this video is important.
#Chainlink
's framework can enable SWIFT's members to run their own DON's and direct revenue in an efficient manner to where it is warranted. This is a difficult concept to fully grasp as it is unlike anything else in the space.
#LINK
@bob4punk
Who's talking about
#SWIFT
's revenues lmao? SWIFT is a member owned consortia that actually refunds fees to member banks based on usage. The whole point of the SWIFT consortia is to avoid having centralized rent seeking middleman leeching off its members.
Between the suited up SIBOS interview with that directly bullish delivery, Eric on stage with him and now what might be the most explicitly bullish post he has ever made.. does it feel like a shift into the next phase?
#Chainlink
$LINK
Chainlink's CCIP is well on the way to being the preferred interface between top banks and the 100s of DLTs/blockchains they will soon be transacting over.
Providing:
- Interoperability Across Chains
- Secure Access Management
- A Single Integration, Compatible with Bank Systems
Speaking of DECO..
>Why is the Chainlink newly-announced DECO GTM lead casually writing a research paper with federal reserve member Silvergate bank's head of innovation about how to leverage DONs for zk KYC compliance? Huh, weird, just """independent""" research I guess.
In this new research post,
@chainlinklabs
Chief Scientist
@AriJuels
explores how
#Chainlink
DECO could help simplify key management by enabling users to safely recover crypto keys through authentication to websites of their choice.
#CCIP
lays the groundwork for the ultimate cross-chain protocol. All bridges in the future will use the standard, CCIP, which will have higher security and resiliency than anything else out there.
#Chainlink
$LINK
While the short-term thinkers in crypto continue to fade
#Chainlink
, the Web2 industry titans continue to engage with them on a regular basis. The rest will be dragged kicking and screaming along as they are faced with the inevitable. Your chain might not be needed, $LINK is.
You leave a chains walled garden and you have run into the oracle problem, only 1 project out there has established a means to generate generalized validator sets to produce consensus without a chain that will SCALE with contract value providing eco-sec through the token. $LINK
🔥 💻 Ready to discover decentralized oracles and cloud computing? Join us at the
@GoogleThailand
x
@chainlink
Bootcamp in Bangkok for a day of fun & learning, perfect for blockchain enthusiasts and developers looking to elevate their skills!
🎟️ RSVP:
>we will eventually arrive at a world like this
>where you will have multiple bank chains connected
>and connected bank chains that are also able to send value to public chains
🔥🔥
#Chainlink
#CCIP
$LINK
New vid:
I have no idea what everyone is even talking about, it has only just dawned on most people that this is a bull market, IMO everything is going to send and that $LINK is perfectly primed with one of the strongest narratives in this space. 🤷♂️ GL frens 🫡
People ask why
#Chainlink
is such an important project, but when we explain it in tech terms, a lot of those people get lost along the way.
So let's make it easier:
Imagine a world where your blockchain smart contracts are like a group of introverts at a party, desperately
Eric recap for frens;
>was interested in oracles, and viewed them as a potential “truth machine”— a way to provide definitive guarantees about an event.
>”[It] doesn’t work yet, but it will.”
#Chainlink
$LINK
I love that we have evolved to the fud SWIFT phase of this journey.
>in its current form
>adding more functionality
You don't say - like its future interoperable form powered by
#Chainlink
CCIP
@coinbureau
your video is evidence you lack fundamental understanding of $LINK
Chainlink co-founder Sergey Nazarov will be kicking off Sibos' Discover Session stage with a fireside chat with ANZ on Sept. 18.
Topic: Connecting Traditional Finance with Blockchains Using
@Chainlink
The Oracle of Delphi was critical infrastructure in ancient Greece—pivotal in the major political decisions and historical events of the time. This coin (in a Berlin museum) depicts one founding myth, a clever surveying trick by Zeus to site the Oracle at the center of the world.
The World's First Trust Network
Do you comprehend the scope of this anon? Little you do in the future will not involve $LINK somewhere along the line.
Sergey wasn't kidding when he said "The entire world's value flowing through a
#Chainlink
abstraction layer".
1/4 Sergey is so polished and confident here because the problems he addressed are actually being solved by the
#Chainlink
team. They aren't theoretical anymore.
It's now just a matter of time for
@Chainlink
to take center stage in our industry.
Token not needed has always been amusing to me while knowing it is essentially the only 100% absolutely needed token in the entire space with long term superior tokenomics exposed to actual contract value rather than throughput, everything else is relatively replaceable. $LINK
@Nakamotolisk
@CatfishFishy
@Zedzies
@BrainsyEth
CCIP will make swapping L1's trivial. Chainlink is the Internet, ETH is just 1 Distributed Data Center. You have this all back to front, like going back to early Web days and proclaiming computers/database servers are more significant than the entire Internet stack.
Do you comprehend what is going on here anon? Most projects are fumbling about for a viable usecase while
#Chainlink
Lab's are tackling multiple high value monumentally difficult problems to solve all simultaneously. $LINK
#SmartCon
2022 featured world-renowned researchers and top industry experts helping to create technologies that establish trust-minimization as a standard for Web applications.
Key research updates from SmartCon featuring CCIP, DECO, FSS, and OCR 2.0👇
Ultra low-latency data feeds are critical to securely bring the $1 quadrillion derivative market on-chain and mitigate frontrunning risks for DeFi users. Excited to bring this innovation to market!
I think
#Chainlink
team is terrible at marketing to retail / don't even try to, have no market maker, VC/influencer shills etc.. but are you really falling for the fud generally?
$LINK
Note how he talks about eliminating all the administration overhead, it has always been my view the larger value related revolution of this technology is the overhaul of every back-end system rather than about front-end-user usecases that the crypto market comprehends today $LINK
@Crypto___Oracle
Coindesk have some absolute smoothbrains working for them - the arrogance from these hosts is off the charts.
@CoinDesk
fire your crypto "experts".
@smileycapital
Wait so ETH going on a second parabolic move based on the idea it will get mainstream adoption makes sense but $LINK which has significantly more actually confirmed institutional involvement is no reason? It is called viable real world infrastructure for real world assets fella..