CryptoticT

I just like $LINK lBlockchain enthusiast - $LINK

[CryptoticT @CryptoticT]

$XRP fans have said the exact same for years. The answer is still, private chains will capture the value of institutional flows.

Institutions don’t need Layer 1s, they can spin them up themselves.

What they need is, Automated compliance with KYC, proof of reserves, off chain data feeds, decentralised risk management networks, automation using smartcontracts and offchain computation for verifiable outcomes, verifiable randomness etc.

None of this is provided with $ZRO. While $LINK packages all into Chainlink Runtime Enviroment that connects already with the existing TradFi systems like SWIFT, DTCC etc.

[CryptoticT @CryptoticT]

@Cryptoinsightuk There is only 1 utility alt that wins regardless which L1 wins. That utility token is $LINK.

IMO $LINK is the only crypto worth owning. Private chains will capture institutional flows.

[CryptoticT @CryptoticT]

@Kangster1313 @RealAllinCrypto @AlgoFoundation @StellarOrg I’m not. $XRP is increasingly irrelevant.

[CryptoticT @CryptoticT]

@Xfinancebull Retail don’t even understand what institutions need so they fall for this BS. Settlement is a problem institutions solve with private chains.

They need automated compliance with KYC, proof of reserves, verified offchain data, risk management, etc. All is in the $LINK stack.

[CryptoticT @CryptoticT]

@Xfinancebull Right, a category that already exists, with $LINK already being adopted by the largest financial institutions.

It’s not over time. $LINK already won.

[CryptoticT @CryptoticT]

@sah73you @CCIPMetrics @chainlink You [redacted]? Do you even know what SVR is?

[CryptoticT @CryptoticT]

@RealAllinCrypto @chainlink @quantnetwork $LINK is the only option.

[CryptoticT @CryptoticT]

@marcolazzarini @CatfishFishy @kunalgoel @chainlinklabs Staking 1.0 isn’t replaceable by $LINK reserve as Fudders keep parroting. It is a requirement for $LINK network security.

[CryptoticT @CryptoticT]

@marcolazzarini @CatfishFishy @kunalgoel @chainlinklabs No the original point is that LayerZero has sold equity to VCs along with $ZRO tokens.

The only exposure even internal employees get is via $LINK tokens.

I would like more transparency around staking 1.0 but it has been confirmed it’s already being worked on.

[CryptoticT @CryptoticT]

@tca_rwa Any article repeating $QNT as ISO 20022 compatible when comparing to $LINK is a red flag.

Authors clearly fell for marketing without understanding what ISO 20022 is or how $LINK and SWIFT integration operates.

This is exactly why OGs always say DYOR.

[CryptoticT @CryptoticT]

@Xfinancebull Yes but it’s not an entire new category. Multiple options can exist.

[CryptoticT @CryptoticT]

Right… the point though is @chainlinklabs has never sold equity. Every company at foundation has equity. The equity though isn’t a claim to the profits of the $LINK network.

The only exposure is the $LINK token. That’s why employees incentives are only in $LINK.

https://t.co/r7jVkNmgD5

[CryptoticT @CryptoticT]

@Fud4F @fulltimelinkie @FAGFinance Educate^

[CryptoticT @CryptoticT]

@zerolore @tethergold @tether Nice, I don’t trust any asset that exposes me to LayerZero though.

Is a shame, even with your 3/3 DVN setup. If we’re tokenising gold, I need to be certain security is guaranteed across the board which modular security can’t offer.

[CryptoticT @CryptoticT]

@rookie_of_Ph @chainlinklabs @LayerZero_Core Numbers don’t lie, at least when you don’t cherry pick data to fit your narrative.

Cooked by the numbers, too [redacted] to realise why.

[CryptoticT @CryptoticT]

@rookie_of_Ph @chainlinklabs Poor @LayerZero_Core another competitor only able to compete on one aspect of the $LINK platform.

Value bought back from circulating supply is what impacts price. $LINK just has more value accruing services.

[CryptoticT @CryptoticT]

@rookie_of_Ph @AndrewB_UK @chainlinklabs Is this treasury building by buying back from market for ants? Not so big after all

[CryptoticT @CryptoticT]

@rookie_of_Ph @chainlinklabs Stargate buybacks is building treasury by buying back from market. Chainlink Reserve is building treasury by buying back from market.

You’re cooked.