Top Tweets for #ALLtheData

Flare is a 3rd Generation chain. Back in the day if you wanted to take part in a lottery on Bitcoin you sent your tokens to someone and they announced the winner. 100% trusted system. Today if you are on any chain other than Flare, you hope that some external system (all of which have shaky security guarantees) gives you an accurate price or item of data. Gen2 chains like Ethereum and Solana remove the need to trust an outside party to make complex transactions by incorporating virtual machines. Flare goes a leap further and brings data provision on chain, secured by the chain, removing trust throughout the whole stack. Thats why we call Flare the only 3rd Generation chain.

Decentralized trustless data feeds means existing tradfi, e-commerce, commodity trade, etc can easily adopt tokenization moving away from faulty, slow and outdated systems. An entire nation can be crippled by running parallel attacks on just a few infrastructure points. Sufficiently evolved decentralized data feeds means not just finance can move away from highly vulnerable systems but also critical systems every society depends on. Over the last couple years we've seen "small scale" demonstrations where the vast majority of an entire nations payment systems shut down for days due to highly centralized faulty systems. Even telecommunications can be sufficiently decentralized to the point where infrastructure attacks are no longer an issue. Most people don't understand how their phone works, it relies on a system known as signal system 7 that was developed in the 70s and has not once been updated. The system itself is actually extremely simple to manipulate once a malicious actor gains access via exposed relay servers where communications are created, spoofed and redirected at the will of the man standing in the middle of an archaic outdated system. The next obvious upgrade in any infrastructure system is decentralized and distributed systems. During the mid to late 90's many people made the exact arguments you're making now about the internet and how it would never replace the existing analog systems. If you're not capable of seeing the world beyond the nose on your face then maybe it's not for you.

A real portrait of strength If you're crying about $LINK getting rejected at the top of the channel ($9.4), maybe it does, maybe it doesn't, but you're already looking at this the wrong way. 3 things: 1) Zoom out and you'll see $LINK is just hovering above its 3 year low. Coming up to channel resistance but this future $100+ coin is still sub $10 USD today LMAO. 2) Treat this as an investment. Not even 5% of this place is made up of consistently profitable traders. Ya'll suck at trading. Ya'll suck at timing the market. Time to practice smart planning. 3) Rejection at top is not guaranteed. Time to break out of consolidation prison IMO 🎯