I like the L2-as-skyscrapers metaphor.
Focusing on your L1 skillset is like training to be a farmer in Manhattan. Useful in 1623, not so much in 2021.
Go learn @CairoLang.
1/ The $LINK WP 2.0 is a highly technical read.
ITT I will attempt to analogize to the non-technical the implications of Decentralized Oracle Networks (DONs).
TLDR: $LINK is the water connecting landmasses (layer 1s). DONs are the ships.
Welcome to the #4IR!
I like to see this. I hope as Link Marines make money, they start getting active in how we can apply smart contracts and oracles to truly make society better and accountable.
@ChainLinkGod “Don’t put all your eggs in one basket”, everyone has been told. As we said, even the best venture investors have a portfolio, but investors who understand the power law make as few investments as possible.
– Peter Thiel, Zero to One
If you think you're late to #Chainlink, you're not. You're still really early. Consider that:
1. There are no published books on Chainlink.
2. There isn't even a Wikipedia entry for Chainlink.
#Chainlink winners from the @unitize2020 Hackathon showcased a wide variety of creativity, ranging from a meta transaction protocol for enterprises & smart contract two-factor authentication to a time-locked savings accounts & blockchain-based Tetris. https://t.co/8RwDTv2qOd
@ChainLinkGod@rleshner Vs motorcycles, cars are "intentionally complex". From supply chains to engineering to quality control. But they have more versatility/features....hence why we live in a car-centric world, not a bike-centric world.
Things should be as simple AS NEEDED to actually be useful.
$LINK Gas Station - A design pattern that lets you interact with your Chainlinked Smart Contracts without needing to pay LINK or ETH/GAS. Let someone else pay it, and then use the Chainlink Decentralized Price Reference data to calculate your invoice in $ https://t.co/AmwBOKs77W
@Crypto___Oracle True randomness is a HUGE deal....especially given its difficulty in the context of blockchain.
Provable true randomness, even more so. Really a testament to the technical/math depth of #Chainlink's team.
Potentially even has implications for #Ethereum sharding/beacon chains.
friendly reminder: every free consumer app is basically a data collection service marketed as a “social network” or “community”
- social: Facebook, Twitter, TikTok
- health: Strava, RunKeeper, Oura
- finance: Mint, CreditKarma, basically all free-tier PFM apps
👋🏾
@ChainLinkGod@jwolpert@pappas9999@Crypto___Oracle@baselineproto If:
Issue 1="Mainnet is forever, even if ZKP'd"
Issue 2=Unstoppable child porn, revenge porn, etc. (likely not ZKP'd from the start, i.e. public).
You're saying that (neutral, consensus-based) mutability would help for #1, but not #2? I'll take it. Still a huge leap forward.
@ChainLinkGod@jwolpert@pappas9999@Crypto___Oracle@baselineproto ZKPs are very hard (if outright impossible) to break. Certainly in the case of zk-starks. But for some folks, the fact that their bizlogic is still stored on mainnet FOREVER is not good enough for them.
@ChainLinkGod@jwolpert@pappas9999@Crypto___Oracle I guess I was mainly trying to come from a POV of acknowledging @jwolpert and the @baselineproto guys, i.e. noting that "delete-ability" is a distinct attribute from "unbreakable encryption" within the "privacy" umbrella. https://t.co/v0b2IALRD2.