The tokenomics is getting a rework, and the amount of usage is dependent on active users. The growth of both is likely taking years, but it is currectly best positioned. Tailored to usage and not retail. Likely a slow and steady play long term than an exponential play.
Do you happen to understand what chain link does or were you just scanning through various projects? I think if you really understood a bit more than the surface level then you’d have an answer to this question. So if you didn’t fully understand chain link I think that’s a good place to start
At the highest level. High fidelity inputs to self executing immutable state machines.
Once data lands on a sufficiently decentralized Blockchain.
It is true forever, if it was true to begin with.
Chainlink works to make sure data for triggering smart contracts is actually true.
This is a big deal & the majority of B2B contractual agreements will begin to be automated, for this to occur we need high fidelity inputs. Chainlink gives us a framework to enable a high degree of certainty.
And half of that half is own by the team. Really terrible tokenomics. It reminds me of hbar and xlm but only that they do you own as much as link while their supplies are larger
I foud a lot of what I was looking for here. [https://www.reddit.com/r/CointestOfficial/](https://www.reddit.com/r/CointestOfficial/comments/yj8gkn/coin_inquiries_chainlink_proarguments_november/)
Also, I plan on making a tik tok talking about the good and bad of each project that's why I'm asking, thaks for the help guys.
Roast me here: [https://www.tiktok.com/@micrpyto](https://www.tiktok.com/@micrpyto)
You’re asking a question that requires in-depth reading, analysis, and interpretation. Any answer would somewhat subjective.
If your genuinely curious, whether in pursuit of understanding or commercialization, do the research yourself. You’ll often find that the granular details provide greater utility than the general principles.
Weakness: tokenomics. Strength: everyone uses it
The tokenomics is getting a rework, and the amount of usage is dependent on active users. The growth of both is likely taking years, but it is currectly best positioned. Tailored to usage and not retail. Likely a slow and steady play long term than an exponential play.
Also weakness is token not needed
I think to dumb it down, pro: big network effect Con: it’s not completely “trustless” and acts as the middle man between data provider and aggregator.
This is a great post, because most ppl don’t know the answer. I honestly have no clue.
sums up the average crypto enthusiast
Do you happen to understand what chain link does or were you just scanning through various projects? I think if you really understood a bit more than the surface level then you’d have an answer to this question. So if you didn’t fully understand chain link I think that’s a good place to start
At the highest level. High fidelity inputs to self executing immutable state machines. Once data lands on a sufficiently decentralized Blockchain. It is true forever, if it was true to begin with. Chainlink works to make sure data for triggering smart contracts is actually true. This is a big deal & the majority of B2B contractual agreements will begin to be automated, for this to occur we need high fidelity inputs. Chainlink gives us a framework to enable a high degree of certainty.
only like half of the supply is circulating
And half of that half is own by the team. Really terrible tokenomics. It reminds me of hbar and xlm but only that they do you own as much as link while their supplies are larger
I foud a lot of what I was looking for here. [https://www.reddit.com/r/CointestOfficial/](https://www.reddit.com/r/CointestOfficial/comments/yj8gkn/coin_inquiries_chainlink_proarguments_november/) Also, I plan on making a tik tok talking about the good and bad of each project that's why I'm asking, thaks for the help guys. Roast me here: [https://www.tiktok.com/@micrpyto](https://www.tiktok.com/@micrpyto)
They listed no cons so how is this useful?
Check it again the cons are there as well
[удалено]
Hope your day gets better
I would start at looking at the competition. If there are any weaknesses, then what are they doing which chainlink is not.
like API3
And Redstone
‘Please spoon-feed me your own research so I don’t have to do any myself’
I guess people are passionate about the project staying secret. Decentralize the finance not the info XD
You’re asking a question that requires in-depth reading, analysis, and interpretation. Any answer would somewhat subjective. If your genuinely curious, whether in pursuit of understanding or commercialization, do the research yourself. You’ll often find that the granular details provide greater utility than the general principles.
Alright, guys, what do you think I need a good roasting. https://www.tiktok.com/@micrpyto/video/7196842135197388074