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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Bittrex tweeted this:

https://twitter.com/bittrexexchange/stat...1257823232

Confirms that chainlink already applied to bittrex and their application is being processed. I think it's just a matter of time.
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

https://medium.com/@sergeynazarov/chainl...1513733478

The CEO announced release of the network in Q1. They've hired Golang devs and marketers. I now believe this is a guaranteed moon and you probably won't have to wait more than 6 months to see it.

Full disclosure: I'm a big believer and holder of it.
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Quote: (12-20-2017 02:59 AM)[email protected] Wrote:  

https://medium.com/@sergeynazarov/chainl...1513733478

The CEO announced release of the network in Q1. They've hired Golang devs and marketers. I now believe this is a guaranteed moon and you probably won't have to wait more than 6 months to see it.

Full disclosure: I'm a big believer and holder of it.

Thanks for the heads up. I'll give it a punt.
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Quote: (12-20-2017 02:59 AM)[email protected] Wrote:  

https://medium.com/@sergeynazarov/chainl...1513733478

The CEO announced release of the network in Q1. They've hired Golang devs and marketers. I now believe this is a guaranteed moon and you probably won't have to wait more than 6 months to see it.

Full disclosure: I'm a big believer and holder of it.

I read that and it's pretty fluffy. Why so bullish?
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Quote: (12-20-2017 10:36 AM)Malone Wrote:  

Quote: (12-20-2017 02:59 AM)[email protected] Wrote:  

https://medium.com/@sergeynazarov/chainl...1513733478

The CEO announced release of the network in Q1. They've hired Golang devs and marketers. I now believe this is a guaranteed moon and you probably won't have to wait more than 6 months to see it.

Full disclosure: I'm a big believer and holder of it.

I read that and it's pretty fluffy. Why so bullish?

They are working with big names and have their main-net out in Q1 of next year. Provided anyone can buy and wait that long it's almost guaranteed to take off based on token economics alone.

Right now blockchain is missing a good oracle (read: middleware that transfers real world data into a smart contract to make smart contracts actually useful in any given system), and chainlink are providing that and more, the oracle system is also decentralized and offers more security than other oracle offerings so far in blockchain.

Disregarding big partnerships that will become a real thing once the network is live the token is used:

1) To run nodes on the network, it is 1 out of a few metrics used to rank your node.
2) To pay node operators to use their node to run data through it.

Node operators want to hoard link for better metrics to get better ranked nodes so they are used more / paid more. The more Link you have the higher the ranked node, or the more nodes you can run = you gain more link. Then the other side is simply either keep hoarding more link (reduces circulating supply) or sell it to either people who want more link for their nodes or people who need it to pay operators to use the nodes.

So there are good incentives to knock the price up. Running a node should be easy, I have been playing with the idea of doing so using my stack, for hardware you can use a VPS like AWS or Linode or maybe even cluster a couple of Raspberry Pis (depends on the hardware requirements, maybe only one Pi is needed, we dont know yet).
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Quote: (12-20-2017 10:36 AM)Malone Wrote:  

Quote: (12-20-2017 02:59 AM)[email protected] Wrote:  

https://medium.com/@sergeynazarov/chainl...1513733478

The CEO announced release of the network in Q1. They've hired Golang devs and marketers. I now believe this is a guaranteed moon and you probably won't have to wait more than 6 months to see it.

Full disclosure: I'm a big believer and holder of it.

I read that and it's pretty fluffy. Why so bullish?

Launching the network is the bottleneck for all the moon missions. With network release you get partnerships rolling in and adoption. Working product + partnerships + adoption = moon missions.
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Sergey has finally brought the initial implementation of the ChainLink Node in Go language. The GitHub has been made public for everyone to see: https://github.com/smartcontractkit/chainlink

[Image: 1519096774083.png]

There's a resurgence of interest. 4chan went berserk when they got legendary digits (7777777) that confirm that Kek is on the side of ChainLink.
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Nice!

When did this news come out, though? I noticed LINK started going up more than any other coins during the recovery about a week or two ago. Feels like insiders knew and loaded up more on LINK.

Either way, I'm glad I held.
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

There was an initial pump leading up to Sergeys talk at a Bitcoin super conference on Sunday, then he announced its release and it actually pumped more, rare instance of people buying the news.
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Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Looks like god of chaos is a real thing. Almost a year later LINK is now rank 30 on CMC and hit 15.5k sat today.
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