Discover and read the best of Twitter Threads about #ChainLink

Most recents (24)

Wanted to make a post for the (cow)boys ^_^.

UNLESS YOU WANT TO GAMBLE STAY TF OUT!

That said, here's some credible info for once.

Here are top 10 Alt coins (Iota = "control")

The pattern reveals all....

$ETH $USDT $XRP $LINK $BCH $LTC $BNB $ADA $EOS #Fintwit $BTC #Bitcoin
HOW TO READ THAT PICTURE:

#Tether's pumping up #bitcoin due to it being perfect for the scam, but they can't put all their eggs into one basket. They've bought some Alt Coins too, so those will follow the same pattern as Bitcoin.

Naturally, #Ethereum is 2nd in line.
So, the same pattern that reveals the #bitcoin scam; A Parabolic curve up combined with a continual Reduction in Trading Volume as measured in Trades; Also reveal which other coins are affected by the same scam.

Lined up side to side by Unaffected #Crypto; the pattern is obvious
Read 9 tweets
Radio chatter increasing about #Ethereum 2.0 deposit contract announcement. In response, my TDL:

1. Simply my portfolio, get more $ETH
3. Keep researching $ETH 2.0 validator maintenance

👇👇
1. Simplifying my portfolio, by descending order:

1st. $ETH #Ethereum - That's what I'm here for. All accounting is measured in $ETH. There is nothing on the market that will beat a combo of TRUE DECENTRALIZED SCALING and EIP-1559 over a five-year horizon.
2nd. $LINK #Chainlink - It powers all of DeFi. It's a chain-agnostic framework, which makes it a hedge against my full weight into $ETH #Ethereum.
Read 11 tweets
1/ "The goal is to transition to an active piece of IT infrastructure, empowering the document to communicate with external resources such as data feeds, payments infrastructure, ERP, and CRM systems" -@tgonser, founder of @DocuSign

A #Chainlink thread 👇
artificiallawyer.com/2020/10/23/doc…
2/ Refresher on #DocuSign crumbs

In 2003, Tom Gonser founded @DocuSign and made e-signatures the industry standard for legal contracts

In 2019, Tom joined @Chainlink as an official advisor to the project, and gave a legendary talk with Sergey
blog.chain.link/sf-fireside-ch…
3/ Tom understands the value of smart contracts and the importance of secure oracles to connect these contracts to real world data, events, and payments

Take a listen for yourself


In fact, DocuSign has been interested in smart contracts since 2015
Read 6 tweets
1/10 Today in @cosmos:
✅read how in order to detect failures, we are testing Stargate with software simulations 👉blog.cosmos.network/why-do-we-test…
@interchain_io's latest bi-weekly update focuses on #IBC, #wasm, #Stargate and more. Recap here 👉
blog.cosmos.network/icf-update-oct…
#todayincosmos
2/10 Today in @cosmos:
@zmanian and @LewisTaariq were invited by @dogemos as guests in the last "Future of the Cosmos Hub" call to discuss the #ATOM2021 initiative and the plans on @unifidao. Catch up with the talk here 🎥
✍️github.com/cosmosdevs/ato…
3/10 Today in @cosmos:
@confio_tech is launching a new chain within the @Cosmos ecosystem called Tardigrade, having their @CosmWasm smart contract engine at the center. Want to know more a/ what's coming? Here is the recap of their AMA w/ @StakingHub
📃figment.io/resources/stak…
Read 11 tweets
1/ Chainlink VRF has launched on the #Ethereum mainnet, providing users with a source of verifiable randomness directly on-chain. No-loss savings game @PoolTogether_ is live using #Chainlink VRF to securely & fairly select random winners in its v3 release.
2/ #ChainlinkVRF's launch is part of the continual expansion of the Chainlink Network as a means of providing various inputs to smart contracts. Learn more about why verifiable randomness is important & what new applications are now possible on-chain. blog.chain.link/chainlink-vrf-…
3/ If you are a new or existing smart contract developer and want to build with #Chainlink VRF, visit our documentation to deploy a testnet contract in Remix or integrate Chainlink VRF into your dApp on mainnet. docs.chain.link/docs/chainlink…
Read 3 tweets
(1/18)

Industrial Revolution Thread:

I hope this thread provides sm context to the importance of #Chainlink

What is the 4th Industrial Revolution?

Before answering that, we must understand the context we are in and understand the other 3 industrial revolutions.
(2/18)

The 1st Industrial Revolution: mechanical

Began 1712 w/ steam pump to pump water out of mines. Helped them dig deeper and faster, essentially get more coal out of mines.

Tool helped get more of a resource to improve efficiency
(3/18)

The 2nd Ind Rev: mass production

Began late 1800s. Technology was already there from 1st ind rev but this is when scientific management came in.

It was the examination of the relation between humans and machines in factories which led to improve efficiency.
Read 19 tweets
Current State of the #Altcoin Market Thread. Here are my thoughts on where we're at + what is to come in the next few months for , , , and many others. #Bitcoin #Crypto Image
To begin, I'd like to link my big thread I made in June. I was not correct in terms of the timing, #DeFi pushed the #Altcoin market high during the summer. That said, we're currently experiencing what I predicted: a market wide sell off and cooling period.
I'm going to mimic the first thread a bit and look at many of the same elements and go from there. I'll also highlight what I'm thinking in the short and longer (3 months) term for and .
Read 19 tweets
1/ Creating Definitive Truth, a thread giving insight on Sergey's recent presentation at #SmartCon 2020 covering how @Chainlink generates definitive truth about the real world, the acquisition of deco.works from @Cornell, and much more

#Chainlink $LINK
2/ It's key to understand the importance of definitive truth, the indisputable state of reality

Without it, you have information asymmetry, disproportionately benefiting a select group who have access to privileged information

In essence, definitive truth is data you can trust
3/ Blockchains generate definitive truth about on-chain data

This is achieved with an immutable ledger that cannot be tampered with or manipulated to benefit any one party

Each block in the chain has a cryptographic hash of the previous, creating indisputable definitive truth
Read 24 tweets
1: Getting suspended from my @link_hound account for no apparent reason has cemented my view that the #Chainlink community, more than ever needs to unite, show resilience and wherever possible share resources
With that in mind here are a few points to consider when researching CL
2: #Ethereum is far from being mysterious and opaque, it is transparent and open, you just need to know where to look.

Your first stop should be Etherscan.io @etherscan
Etherscan is your best friend, familiarize yourself with the basics. It won't bite.
Next stop.....
3: The budding #Chainlink researcher has other amazing tools at hand

market.link @linkpoolio
reputation.link @Oracle_Rep

And of course, no one can forget the trusty old explorer.chain.link

These resources are your gateway to understanding #Chainlink
Read 6 tweets
#ChainLink - H4

Going deeper than expected.

Link Marines want to see D1 200 EMA / $8 holding imo. No particular reason for me to rush into a position yet.

Once again, I don't care about buying bottoms, I want to buy strength. None to see here just yet.
Fighting to hold 200d EMA, now that's interesting. Half my feed bought LINK too lmao.

Makes sense at this level tbh.
Defended and trying to reclaim H4 trend.

👀

Read 3 tweets
1/14 Since many people have forgotten about @DMMDAO, quick reminder and my thoughts/reason I'm bullish on it:
DeFi right now is still only focused on crypto-native assets. We have lending/borrowing, liquididity providing and margin trading only mainly of crypto-assets.
2/14 hile a handful of these Defi projects are innovative/have substance, a lot of them are quite simple copies of the same concept and we are still limiting the space by not opening up to traditional finance, it's liquidity and assets. A handful of DeFi projects simply only have
3/14 value because of an euphoria rush created by the leading DeFi's, but have severly inflated marketcaps due to governance tokens on promised and projected potential revenue streams. A slight pullback of that demand brings APY's and marketcaps back down rather quickly
Read 14 tweets
#Chainlink

I don't see anything bullish here right now.

Every coin goes through stages.

We are still retracing after its hype stage during the summer.

Orange box is my load up zone. Image


We MIGHT have seen the bottom here.
At least for the the short-term.

Not gonna ignore this beauty of a bullish divergence on the 4H, yet still gonna stick to my guns and wait for the orange box. Image


Looks like those guns are good guns.

Bounced off the orange box.

Pretty much the reason I started to focus more on trading than on hoping.

No matter how big the community, how dedicated, how passionate - There will always be a big correction after hype.

Always 🌚 Image
Read 3 tweets
1/ Yes, 1000% agreed @StaniKulechov! I don't think people realize how huge this really is

Being natively blockchain agnostic means #Chainlink is also Layer 2 agnostic as well!

No matter where #DeFi moves, it will continue to be supported by highly secure and reliable oracles 😎
2/ Chainlink oracle networks operate at the speed and latency they do because of the limitations of Ethereum L1, not because of any limitations of Chainlink

Ethereum L1 is simply where all the demand for external data currently is

But as #DeFi moves to Layer 2 solutions...
3/ Chainlink will already be supporting those new environments!

Optimistic/ZK Rollups
Plasma Sidechains
State Channels
Other Blockchains

Price feeds on L2 would be able to update nearly instantaneously, need a price feed with 0.001% deviation and 1 minute heartbeats? We got you
Read 4 tweets
1/N

Some highlights from Thomas Hodges ( #Chainlink Integration Engineer) AMA from yesterday:

1) Currently Chainlink is able to provide 32 byte responses, which is a bit limited (enough for prices and few other usecases) BUT since $LINK is designed to provide any kind

-->
2/N

--> of response. They are working in "Multiword responses" where the size of the answer can be any size, enabling any use case responses.

Simply if you need bigger responses you will pay more for it.

(continues)
3/N

2) When asked about "When threshold sigs" , response:

"Definitely, this year"
Read 6 tweets
Big day for #Chainlink price feeds, enabling the creation of more innovative synthetic derivatives and mortgage backed money markets on the #Ethereum blockchain 👀

Real world assets are beginning to rapidly move on-chain Image
"Moving forward with @chainlink allows our [@synthetix_io] oracle mechanism to scale up alongside the value locked up in the total debt pool, particularly across three key metrics: security, asset selection, and costs."
blog.synthetix.io/all-synths-are…
"The real estate market is volatile and prices are subject to change, and @RealTPlatform price updates must be accurate. In order to ensure that these price feeds are correct, @AaveAave utilizes @chainlink’s decentralized oracle service."
medium.com/aave/realt-mar…
Read 4 tweets
#Chainlink

1/

Some thoughts about LINK and how I see it play out over the next weeks.

Short & mid-term, if we want to keep the bullish momentum going, we must hold this level around here.

If we check the weekly, things look a bit bearish to me tough. Image
2/

MACD:

It looks like it is losing momentum & slowly starts to turn. The light greenish candles are supporting the idea of an incoming bearish momentum.

RSI:

This one looks ugly IMO. It is still in overbought territory & is forming some sort of H&S. Not very bullish.
3/

VOLUME:

Volume is declining which isn't bearish in general and could also mean that we are forming some sort of pennant/flag, yet we still need more data here for better conclusion.

PA:

The PA is what makes me feel bearish the most combined with the RSI (continue below)
Read 9 tweets
From 2014-2016, financial folks talked about Bitcoin as if it was an oddity. Now, it's mainstream.

The same thing is happening to smart contracts and oracles. Today many folks look at them with crooked looks. Over the next decade, they will increasingly become the norm. Why?
- Smart contracts can be designed to automate the agreement and performance aspects of a contract.

- They rely on digital assets, enabling near real-time payment and/or settlement.

- They enable the low-cost distribution of assets to multiple parties simultaneously.
- They enable folks to represent/ transfers digitally assets in units that are smaller than today.

- They make it easier to divide legal rights that were once bundled (e.g., governance and profit rights)
Read 12 tweets
.@chainlink has just acquired Cornell University's privacy based oracle DECO

@AriJuels, former chief scientist of RSA and co-creator of DECO, is joining Chainlink Labs to head research

New #Chainlink whitepaper v2 is in the works as well
coindesk.com/chainlink-bloc…
"Nazarov said DECO can be used as a foundation for permissionless credit or decentralized identification

An oracle like DECO could one day allow a smart contract to query off-chain credit information such as banking records without overreaching into personal data"
“DECO is the way a lot of collateral will make its way to DeFi,” @SergeyNazarov said.

Juels told CoinDesk this privacy is possible through DECO’s incorporation of zero-knowledge proofs"
Read 3 tweets
💥 @OpenLawOfficial is bringing #ethereum smart contracts and #chainlink to the billion+ user Microsoft Office ecosystem.

⛓️ Smart contracts (and smart legal agreements) are evolving rapidly.

👇Check out a demo below:

@OpenLawOfficial - Automatically generate agreements
on OpenLaw

- Save to Dropbox, OneDrive, or other document management systems

- Edit in Microsoft Word

- Execute smart contracts without the need for a wallet with a click

- Save data from the contract in Excel, Google Sheets
@OpenLawOfficial - Build more complex workflows to manage the process

- Send emails

- Microservice based integration framework to incorporate other third-party services
Read 3 tweets
Thread.

So of you may know I often point out the limitations of #Blockchain.

But I was curious if a current #Cryptocurrency or other type of hApp was built on #Holochain, could some of that data be populated onto a blockchain?

The only reason I could think of doing so would
be if a current #blockchain project wanted to remove the inherent blockchain issues, Scalability, Consensus, Congestion & Cost but still be able to retain their brand or "chain".

#Holochain mitigates all of these issues with unlimited scaling, the options of zero TX/RX fees it
would make sense for some of them to migrate to a cutting edge architecture that puts them in the new generation of #cryptocurrency while still being able to maintain their roots.

So I spoke with #Holochain lead #Dev @helioscomm & Paul advised that yes this is indeed possible.
Read 18 tweets
#Chainlink

1/2

This is a very unbiased & non-marine opinion on LINK.

I have no business FUDing the project nor do I need to support it in a culty way.

Facts are that we had a HUGE run-up and are now pulling back, which is good.

I do see more blood coming though. Image
2/2

Simple TA shows that we have no supports tested on the daily. Our first "bigger support" is around $8.50 (0.618 Fib Level).

The minimum pull-back I am expecting is to $13.00

We also broke the daily trend.

It would be healthy to maintain sustainable growth in the future.
#ChainLink

Still the same outlook.

I think we are going to see at least $13.00 and potentially even $8.50

No, this is not bearish but healthy. Image
Read 4 tweets
The 1st decentralized perpetual market for LINK, built on #Ethereum, powered by #Chainlink!

For more efficient price exposure to
1️⃣Go to mcdex.io
2️⃣Deposit only
3️⃣Trade with up to 5X leverage
📈 @MonteCarloDEX also offers a non-custodial decentralized ETH perpetual market with up to 10X leverage which I use at MCDEX.io.
🚨This is not an endorsement or recommendation to trade with leverage but what I wrote above is how one could make use of this market.

🚨Trading with leverage can accelerate your losses.

🚨As always, #DeFi apps always have the risk of smart contract bugs.
Read 3 tweets
#chainlink

The only setup that matters to me right now.

Break it. Flip it. Send it. Image
#chainlink

Did not exactly do what I was hoping it to do but we just change the course then.

The black one is the new idea.

Still not to flip that black horizontal support at $13.47 for my bullish bias confirmation. Image
*has not "not"
damn typo
Read 5 tweets
1: Seriously, why is no one talking about AccessControlledAggregator contracts (ACA)

Bear with me on this one

25 Jun #Chainlink creates 30 ACA’s (ACA#1)
6 Aug #Chainlink creates 39 more ACA’s (ACA#2)

Remember these are in addition to the regular Aggregator contracts
Cont…
2: Let that sink in, we have a bunch of regular Aggregator contracts working away and now we also have 2 almost identical sets of ACA contracts running jobs.
Now, why would #Chainlink do this I wonder?

BTW market.link calls ACA contracts fluxaggregators
Cont….
3: So here comes the interesting part
@linkpoolio latest distribution was 4167 (for 3 weeks)

Payment breakdown

Aggregators: 2237
ACA #1 contracts: 1647
ACA #2 contracts: 273.58

Don’t trust me on this, check it out
Cont…
Read 4 tweets

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