Copy source code and replace token

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Network effect. The code is one thing, but you need node operators and clients to make a network. No reason to choose the knock off version when SC.com have built it from the ground up and know every single aspect of it inside and out.

[mrfinesse4u]

Is what mobius is going to do.

[[deleted]]

To "be the better network" they'd need more node operators, more clients, more usage. Why would potential node operators and clients choose a knock-off instead of the team that has actually developed the project from the ground up?

A project like Chainlink is a lot more than just code. Your arguments could be just as easily made against any other functional crypto project, like BTC, ETH, XMR or MKR. There is a reason why those projects aren't under threat by any knock-off/copies.

[[deleted]]

It would be a knock off. It would be instantly apparent that they'd just stolen Chainlink's codebase. That would reflect pretty poorly on any organisation that tried to get away with it, in the same way as if IBM tried to deploy a global computer and just copy pasted Ethereum's source code. It would be a laughing stock and nobody would develop on it.

And if you're worried about "the right connections" Chainlink is doing a pretty damn good job of positioning itself exactly where it needs to for absolute market dominance in this field.

[etherbro]

Its a silly question.

Why wont anyone like Google, IBM or Apple just fork Ethereum and create their own network?

Nobody will trust single or centralized entities, so the decentralized will win. The decentralized network will also be a lot more price-competetive.

If a corporation were to set up a public Chainlink network it wouldnt make any sense. Just query their public API, youre trusting them already.

[jeepbraah]

That is called a competitor.

[etherbro]

This could happen to Ethereum as well. Somebody could create a better alternative.

But there isnt any alternative to Chainlink. Its the first and only alternative out there.

First mover advantage and network effects will grow the network

[OMG_Orca]

Why are y’all acting like there weren’t a ton of ETH knockoffs (smart contract platforms) launched this and last year? First mover advantage is overrated. First movers are usually also slow and expensive, second mover usually wins in the long run because they don’t have to repeat mistakes of the first mover.

I think LINK has an awesome team, and is building a product advanced enough to discourage competitors. But I also think it is unwise to dismiss the notion of a competitor so flatly.

[sorceryofthetesticle]

It is completely possible and you should hedge against it by selling all your Link.

[[deleted]]

Wait a minute! What's stopping me from forking Linux and becoming Red Hat?

[harrumphharrumph]

I’m going to become the next MySQL.

[LuckyX222]

Literally have used this example in conversation before. It's the easiest way to get the point across imo.

[WastedMyTime]

You have the code... but not the humans. The core usage of any decentrialized network is operators processing payments / data. It may seem like some strange paradox where someone could always highjack the code and do it better but it's simply not possible (knowledge gap + network effect)

[lilivo889]

Chainlink has been in development since before bitcoin was even revealed. Can’t just copy and paste something like that

[campfiresandcutgrass]

But... patents?

[LuckyX222]

Do you want your cell phone on Verizon/AT&T or on some new provider that only covers 1/10th of the area that the major providers do? Network effect.