11-05-2021, 07:42 AM
Chainlink - $75 Billion Total value secured.
<!-- SC_OFF --><div class="md"><p><a href="https://chainlinktoday.com/chainlink-announces-its-total-value-secured-tvs-is-now-over-75-billion/">https://chainlinktoday.com/chainlink-announces-its-total-value-secured-tvs-is-now-over-75-billion/</a></p> <p>This little ERC677 token secures more funds then the GDP of fucking <a href="https://www.worldometers.info/gdp/luxembourg-gdp/">Luxembourg</a>. Luxembourg isn't some shithole, its fucking NICE. </p> <p>WHAT THE FUCK. WHY? </p> <p>ERC677 is a transfer and call protocol. You pay link, you get solid reliable data to your smartcontract. I can hear you now, midwits asking, "Oh why is that needed? I can call coinmarketcaps API". The most common type of "hack" in DeFi, isn't an actual hack. Its called a <a href="https://www.cointrust.com/market-news/pancakebunny-partners-with-chainlink-to-avoid-future-flash-loan-attacks">flash loan attack</a>. Get a flash loan, half of which is used to short a massively illiquid market, crashes the price, other half of loan is used to buy back at lower price and repay the loan. Leaving you with a nice amount of profit. All of which takes place in one block. Some times seconds. </p> <p>Chainlink stops this nefarious boomer stock market manipulation behaviour by using <a href="https://data.chain.link/?_ga=2.144537397.1412145724.1636047028-454576118.1632509058">multiple data sources</a> . All of which are decentralised. Who provides data? Some internet losers? </p> <ul> <li>Coingecko</li> </ul> <p>-Amberdata </p> <p>-Kaiko</p> <p>-Cryptocompare</p> <p>-Everipedia</p> <p>-Kraken</p> <p>-Binance </p> <p>-Huobi </p> <p>-Blockpass </p> <p>The list goes on, but you get the idea. This shit is secure. I mean real fucking fort knox secure. Fort knox is fuck all compared, security wise and value secured. </p> <p>This little ERC677 token is blockchain 'agnostic'. It can slut it up on every and any chain/L1/L2. Securing those sweet sweet funds. </p> <ul> <li><p>Eth </p></li> <li><p>Ava</p></li> <li><p>Sol (mainnet q4) </p></li> <li><p>Polygon </p></li> <li><p>Algorand </p></li> <li><p>Dot </p></li> <li><p>Tezos </p></li> <li><p>Shitchain (BSC)</p></li> </ul> <p>You name an overhyped layer 1. ANY. ChainLink will be integrated and making shit work. </p> <p>Hows this token going to get any bigger? Physical world adaption is coming. And I'm scared. </p> <p>The blue plaid wearing philosophy grad (Sergey) has spoken and presented at Swifts annual conference <a href="https://chainlinktoday.com/sergey-nazarov-says-banks-should-move-fast-to-adopt-defi-in-live-speech-at-sibos/">Sibos</a>. Twice. For the shitcoin buying dog coin enthusiasts, SWIFT is the messaging service your bank uses to transfer funds. They only deal with circa trillions of dollars a day. Oh and chainlink is ISO20022, the industry standard for financial messages.</p> <p>But what real world company is going to be fucking about putting data onchain via chainlink when we are talking about trillions, not pathetic billions. </p> <ul> <li><p>SwissCom (telecoms) </p></li> <li><p>T -- Systems (german IT branch of Deutsche Telekom)</p></li> <li><p>Meteomatics (weather forecasting for Swiss Re) </p></li> <li><p>Associated Press </p></li> <li><p>Arbol (arbolmarket.com) <---- THIS SHIT IS THE INTERESTING GOOD SHIT </p></li> <li><p>Google cloud (weather data) </p></li> <li><p>Amazon Web services (<a href="https://aws.amazon.com/quickstart/architecture/chainlink-node/">https://aws.amazon.com/quickstart/architecture/chainlink-node/</a>) </p></li> </ul> <p>The list goes on.....</p> <p>I'm going to pass out due to my massive erection...</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CunningStunt_1"> /u/CunningStunt_1 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qmr00x/chainlink_75_billion_total_value_secured/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qmr00x/chainlink_75_billion_total_value_secured/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><a href="https://chainlinktoday.com/chainlink-announces-its-total-value-secured-tvs-is-now-over-75-billion/">https://chainlinktoday.com/chainlink-announces-its-total-value-secured-tvs-is-now-over-75-billion/</a></p> <p>This little ERC677 token secures more funds then the GDP of fucking <a href="https://www.worldometers.info/gdp/luxembourg-gdp/">Luxembourg</a>. Luxembourg isn't some shithole, its fucking NICE. </p> <p>WHAT THE FUCK. WHY? </p> <p>ERC677 is a transfer and call protocol. You pay link, you get solid reliable data to your smartcontract. I can hear you now, midwits asking, "Oh why is that needed? I can call coinmarketcaps API". The most common type of "hack" in DeFi, isn't an actual hack. Its called a <a href="https://www.cointrust.com/market-news/pancakebunny-partners-with-chainlink-to-avoid-future-flash-loan-attacks">flash loan attack</a>. Get a flash loan, half of which is used to short a massively illiquid market, crashes the price, other half of loan is used to buy back at lower price and repay the loan. Leaving you with a nice amount of profit. All of which takes place in one block. Some times seconds. </p> <p>Chainlink stops this nefarious boomer stock market manipulation behaviour by using <a href="https://data.chain.link/?_ga=2.144537397.1412145724.1636047028-454576118.1632509058">multiple data sources</a> . All of which are decentralised. Who provides data? Some internet losers? </p> <ul> <li>Coingecko</li> </ul> <p>-Amberdata </p> <p>-Kaiko</p> <p>-Cryptocompare</p> <p>-Everipedia</p> <p>-Kraken</p> <p>-Binance </p> <p>-Huobi </p> <p>-Blockpass </p> <p>The list goes on, but you get the idea. This shit is secure. I mean real fucking fort knox secure. Fort knox is fuck all compared, security wise and value secured. </p> <p>This little ERC677 token is blockchain 'agnostic'. It can slut it up on every and any chain/L1/L2. Securing those sweet sweet funds. </p> <ul> <li><p>Eth </p></li> <li><p>Ava</p></li> <li><p>Sol (mainnet q4) </p></li> <li><p>Polygon </p></li> <li><p>Algorand </p></li> <li><p>Dot </p></li> <li><p>Tezos </p></li> <li><p>Shitchain (BSC)</p></li> </ul> <p>You name an overhyped layer 1. ANY. ChainLink will be integrated and making shit work. </p> <p>Hows this token going to get any bigger? Physical world adaption is coming. And I'm scared. </p> <p>The blue plaid wearing philosophy grad (Sergey) has spoken and presented at Swifts annual conference <a href="https://chainlinktoday.com/sergey-nazarov-says-banks-should-move-fast-to-adopt-defi-in-live-speech-at-sibos/">Sibos</a>. Twice. For the shitcoin buying dog coin enthusiasts, SWIFT is the messaging service your bank uses to transfer funds. They only deal with circa trillions of dollars a day. Oh and chainlink is ISO20022, the industry standard for financial messages.</p> <p>But what real world company is going to be fucking about putting data onchain via chainlink when we are talking about trillions, not pathetic billions. </p> <ul> <li><p>SwissCom (telecoms) </p></li> <li><p>T -- Systems (german IT branch of Deutsche Telekom)</p></li> <li><p>Meteomatics (weather forecasting for Swiss Re) </p></li> <li><p>Associated Press </p></li> <li><p>Arbol (arbolmarket.com) <---- THIS SHIT IS THE INTERESTING GOOD SHIT </p></li> <li><p>Google cloud (weather data) </p></li> <li><p>Amazon Web services (<a href="https://aws.amazon.com/quickstart/architecture/chainlink-node/">https://aws.amazon.com/quickstart/architecture/chainlink-node/</a>) </p></li> </ul> <p>The list goes on.....</p> <p>I'm going to pass out due to my massive erection...</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CunningStunt_1"> /u/CunningStunt_1 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qmr00x/chainlink_75_billion_total_value_secured/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qmr00x/chainlink_75_billion_total_value_secured/">[comments]</a></span>Kind Regards R