Chainlink Layoffs

I thought you fuddies said they had hired too many so now that they are getting rid of ppl its still bearish? baka my head

layer zero and axelar are virtually identical to ccip

I'll probably buy more AXL at these levels as that is my main interoperability play. Honestly, as I've learned more about the space, the concept of "decentralized oracles", especially with how Chainlink has done everything it can to garner reputation by associating with "reputable brand names" (corporations, banks, etc), is pretty stupid. It unironically would be very easy for a bank or some other party to just spin up their own oracle and use their own reputation/security to maintain it instead of using a stupid convoluted network that is slow and expensive.

So I'm honestly not interested in investing in "oracles" anymore because I think the concept is stupid. If BlackRock wants to run a tokenized stock market with special tokenized equities that update based on data: they own that data and have plenty of smart software engineers that are more than capable of creating a secure piece of software to hold a private key which updates contract state.

Besides the AXL interoperability play, I don't know what else there is in the space. I probably will just put the rest of my money into BTC. Everything is all memes, smoke, and mirrors anyway.

im not reading your incelmanifesto

It unironically would be very easy for a bank or some other party to just spin up their own oracle

not for crosschain, where token standards have to propagate from chain to chain via the bridge

Right, so why would I or anyone else choose to use CCIP? In fact, I'd argue that CL copied a lot of ideas from LZ and Axelar.

kek

What's a TPM?

Yes, it would be just as easy. "Token standards have to propagate from chain to chain via the bridge" is meaningless nonsense. The ERC token standards are at the blockchain level. You just need to maintain correct balances on different chains which is also largely maintained on the chain. You simply need some relayer to transmit a signed message from one chain to another (i.e. mint 100 of this token).

none of them really invented anything conceptually. the idea of a blockchain bridge is very simple. the work comes down to implementation and usage. LZ and Axelar rushed to market and embedded themselves into DeFi. Chainlink meanwhile is working with the banking system in ways that LZ and Axelar cannot

literally this. that's why everyone is selling. it's a race for the door now.

chainlink have all these partnerships yet they've generated less revenue than my side business which i still dont work in full time.

should i launch a token and farm you retards??

the erc20 standard doesn't allow tokens to magically produce copies of themselves on other chains. they have to be extended from the bridge itself, which has been granted mint privileges by the token deployer. everything beyond the original contract must be tied to the same bridge

if it's as easy as you claim then why not? it's a free market. there are already multiple competitors that have done exactly this. they cannot copy-paste swift

There's no winning with you.

correct, there is no winning when the coin crashes 4 years straight. This is an investment forum

I'm just curious as to what people are hopeful for in the future

from an investment standpoint, the only hope at this point is some large influencers shill this. But even then I don't think it will be enough

Anonymous (ID: WEdc+5vi) 07/29/24(Mon)14:07:40 No.58797292▶

(OP)

I thought you fuddies said they had hired too many so now that they are getting rid of ppl its still bearish? baka my head

are you arguing it's bullish? they're getting laid off because there's no customers

no one gives a shit about your buzzword link replacement

anyone who isn't retarded realized earlier this cycle that "utility" is a meme and just went into memecoins

everything beyond the original contract must be tied to the same bridge

Or I can just have a "bridges" array of address and add/remove as many bridges as I want.

partnerships

this word has lost its meaning in modern day crypto

similar to how the word vaccine lost its meaning

Honestly: why do you want to be associated with Swift at this point? How is Swift a better option than USDC? If you want to send someone $1000 are you really going to do it through the jewish financial infrastructure? The point of this technology is to have an alternative.

It's not buzzwords anon. These are the tools that people in the space are actually using when they want to send tokens interchain.

Now yes, we can argue that there basically is no point to send tokens interchain, I pretty much agree with that (except for stable coins). But none-the-less, if one wants to sell his Avalanche-based memecoin on Ethereum...he'll likely use Axelar to bridge it over.

which is what Circle does, because they rushed to market with a fully custodial solution and don't care who pings their fully centralized attestation API

How does chainlink even make money to pay their employees?

Right. Honestly I think interchain stable coins is the only "interchain transaction" that makes any sense at all. When it comes down to it, all of these other tools: oracles for API calls, logic bridges, etc...are all vaporware.

I'm slowly becoming a stable coin maxi. I just want a system to hold my money that isn't a bank that is likely to fail. I used to hold PaxGold until I realize it is, as most things, all smoke and mirrors and you can't actually redeem for gold.

I may soon just become a Stable/XMR/BTC maxi. Once you're not a poorfag and don't rely on your shitcoin to moon in order to /makeit/, your perspective really shifts on all of this stuff. It did or me at least.

They sell Link tokens. Their business model is:

Create a narrative and image of legitimacy in order to sell these tokens that it cost us a few dollars in ETH gas to create.

Honestly it has been very successful for them.

The point of this technology is to have an alternative.

No its not. Go back to plebbit with all the other morons you fucking faggot

What is your purpose? Do you have any thoughts at all to contribute?

fair enough

/thread

lol this cult member got his feelings hurt because people don't understand "le secret" tech
back to my previous comments, savvy investors have realized what a complete grift utility altcoins are, Link being one of the biggest offenders. These teams get paid generational wealth upfront for an idea they came up with and then have no legal obligation to ever make good on it, and then everyone is just supposed to trust them to make something happen. Which then never materializes, which is why the space has shit to show for it after 15 years

to those on the fence, it's still not too late this cycle to make money on memecoins. The memecoin teams don't have a 700 person workforce to feed and the good ones have zero token dilution

Axelar and LayerZero are paying people to use them, whereas Chainlink does not. Not hard to get "users" when you pay for them.

t. also work in web3

The problem chiefly is that these banking POCs appear to be just another carrot dangle. The narrative shift to CCIP being exclusively focused on banks is objectively gaslighting. For the past 3 years CCIP has been talked about, and for the past 2 years CCIP has been delayed, non stop we've heard how it was going to power defi. Chainlink even considers themselves in marketing material to be the "backbone of defi". Meanwhile, there's not a single meaningful defi customer who thinks CCIP is worth integrating. The "biggest" integration in terms of perception is Aave and GHO, but the demand to move that cross chain is basically non existant. The "biggest" integration in actual terms is xswap, and it barely generates $250 a day when they aren't farming transactions through "contests" to artificially inflate CCIP's numbers.

Now, factor in the fact that CCIP can in reality only bridge maybe two dozen tokens outside of USDC and WETH. Transporter seriously makes a huge deal out of integrating tokens for bridging that have 6 holders and 10 transactions total.

If they can't capture an iota of DeFi, how can anybody honestly believe they will be the answer TradFI is looking for? You'd have to be a fool to think this is a given.

This is and has been the business model of every crypto project, including the ones you're in here shilling

To call you faggots out.

kek

This

cringe, also

Axelar

fucking lmao

shoo shoo brown shitstain

Axelar and LayerZero are paying people to use them, whereas Chainlink does not.

This is blatantly false. The white paper explicitly allocates 30%-35% of the tokens to be subsidies.

Ouufff… fud in full force today. Pretty coherent too.. must be something brewing

I literally worked for a company that LZ offered millions to just to put their fucking name on our website, so I'm just going to go ahead and stick to my claim. Thanks.

What are the best memecoins. I've been looking at basd brett

I'm not shilling anything. In fact, I've already said that I'm mostly becoming a stable coin maxi. It is becoming less and less easy for me to justify holding any of this shit.

a brown faggot unironically sat down in his basement and decided that this would be a convincing larp

he actually tries to imply that his fuddie manifestos folllwing up his fake insider text convo is a "contribution" to biz

no attempt at being funny - its just a lie for the sake of lying

id tell you to shoot yourself in the head but even if you did i dont think that would change anything about how you post on here

kek

My comment has nothing to do with LZ. You can try to marginalize what I'm saying by sticking to that point, but you literally said Chainlink doesn't pay people to use them and that is objectively false.

You really do sound like a retard who got his feelings hurt.

These two posters are the stunning intellect remaining of Chainlink hopefuls. Posting "cringe" and name-calling.

offered

Did they pay these millions? Should be easy to show...

All of Chainlink's eggs are in the SWIFT basket.

Why do you seem so disingenuous? Honestly the posters like you in this thread exude jewishness. It's really uncanny.

lmao

This is literally a 10+ billion dollar valued private company, based on their token value, without a product, trash fucking company honestly.

I know they’re fucking garbage too because I’ve applied like 4-5 times and they turn me down because they only want idiots who won’t let everyone else know it’s a scam without a plan.

Oh sorry bud, was reading while on the phone and missed the point. Fair. I don't know what Chainlink does because they isolate themselves from most of crypto.

If both these texts can be confirmed as real then I will sell all of my 40k tokens and I will post transaction proof.

Says the people lying about chainlink to create fud. Right, poor me.

Now just fire all the HR roasties and get back to business.

The fact sirgay hasn't done this should clue you in.

How can I confirm them as real? Pic real

why's he telling people he's gay twice like that

chainlink is hiring roasties for 300k a year. bearish

chainlink is laying off the roasties making 300k a year. bearish

but my fake text message screen shot is definitely not fake. you're disingenuous if you don't take my word for it

ok

You post made up shit like the screenshot in the OP, talking to your other brown buttbuddies. You are so riled up when people call you for what you are, a lying, cringe, brown shit stain.

17pbtid and counting, yet not a single shred of proof for are you getting paid? or do you do it for free?

Here is a screen cap of when this person first started at CL. What is your burden of proof?

calling other people disingenuous while posting fake convo larps and lying your ass off

you're too fucking dumb for this lmao
go get some tips from the losers in your discord / tg / wherever you actually came from

Again, resorting to name calling and insulting are incredibly jewish tactics. Why don't you name your reasonable burden of proof if my previous message is insufficient? Let's have a civil discussion.

"when he first started at cl"

"i uh dont have an offer"

yeah
really, really sloppy job
like i said - go back to your discord / tg, thirdie

thanks for the important info

Can any people still holding Chainlink explain why CCIP is needed when almost all activity takes place on 2 chains, one of which is not supported by Chainlink? Obviously the idea of bringing real-world data onto blockchains hasn't materialized. What's the thesis for Chainlink at this point?

Nice proof I'll buy that. Send for moar updates

toxic

What makes them say that? Details please and thanks.

if yall are gonna talk alternative data solutions then SYNT is gonna be one of the go to's

I hold alot of SYNT (formerly NOIA) but more $$$ in LINK and I am never selling the LINK i own, only accumulating.

i wanna work at chainlink but i have no references
wat do

just make a bunch of react projects in github, tech companies orgasm for react projects for some reason

bunch o nerd shit

have sex incel

i have that but stacy still wants 3 references

Who's Danica?
Does she give good head?