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re: You guys ready to learn about Decentralized Finance (DeFi) yet?

Posted on 1/28/21 at 8:46 pm to
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
11815 posts
Posted on 1/28/21 at 8:46 pm to
Until there are on chain service agreements Chainlink (the company) is an intermediary between data requesters and nodes but this is going to change soon.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/28/21 at 8:48 pm to
quote:

Somebody is paying for the price feeds .


indeed, chainlink subsidizes the payments to operators

so im curious why dallas said celsius paid for it
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 1/28/21 at 8:52 pm to
quote:

chainlink subsidizes the payments to operators


Where are you getting this from?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/28/21 at 8:53 pm to
from mat beale the co-founder of link pool, a chainlink node service provider

is he making it up?
Posted by DeathValley85
Member since May 2011
17199 posts
Posted on 1/28/21 at 8:55 pm to
I think they are subsidizing the ETH gas costs being incurred by the node operators. Thats a scaling issue on ETH’s end.

Many projects, including ETH itself, is working on this and I expect it to be solved soon.

ETA: not solved, implemented
This post was edited on 1/28/21 at 9:00 pm
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 1/28/21 at 8:59 pm to
quote:

link pool, a chainlink node service provider


So one share of LinkPool is worth 100k and you think people aren’t being paid for staking their link in the service that’s provides the price feeds.
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 1/28/21 at 9:19 pm to
My man Sergey dropping truth bombs

quote:

Whether it's communication, free speech or fair participation in markets, "brand-based" platforms will always put their monopolistic interests ahead of average users. As everyone realizes this more, "math/cryptography-based" platforms will become where all users flock for safety.

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