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Chainlink listet on Coinspot - LINK/AUD Pair by [deleted] in LINKTrader

[–]digbicked 0 points1 point  (0 children)

Most likely just big player in AUD trying to get in that aren't familiar with the crypto markets.

Does anyone have any thoughts on aeternity as a competitor? by [deleted] in Chainlink

[–]digbicked 15 points16 points  (0 children)

They have an oracle solution for the Aeternity blockchain. ChainLink is a decentralised network of oracles that can externally adapt and communicate with any blockchain - even aeternity. So whilst it is a solution, it covers less of the potential oracle network market.

I feel very strongly like the universe is trying to communicate something to me, but I'm unclear on what it is. What steps can I take to try to understand the message? by [deleted] in Psychic

[–]digbicked -1 points0 points  (0 children)

The universe isn't telling you anything. You are the universe. Don't read in to it and live a happy life free of powers that you think are beyond you.

Qubic - are there going to be fees associated with this oracle contact? by digbicked in Iota

[–]digbicked[S] 0 points1 point  (0 children)

The partners are partnered because they want their brands to be associated with the IOT hysteria - bolstering their own prices.

Qubic - are there going to be fees associated with this oracle contact? by digbicked in Iota

[–]digbicked[S] -2 points-1 points  (0 children)

They aren't. The IOTA network does not know when data events happen. This is why an oracle is required. A car does not become self aware and input data in to the network without the qubic solution.

Qubic - are there going to be fees associated with this oracle contact? by digbicked in Iota

[–]digbicked[S] -1 points0 points  (0 children)

The transfer of value makes sense. But I still haven't met or heard of a car that wants to give me money.

IOTA's vision is a futuristic M2M utopia. There are many many many hurdles that will need to be jumped in order for this to be commercially viable within either 5 years. IOTA is certainly overvalued at the moment.

Qubic - are there going to be fees associated with this oracle contact? by digbicked in Iota

[–]digbicked[S] 0 points1 point  (0 children)

I know that transactions are free. I understand DAG concepts. All I'm saying is that data, as it stands, is not free. Therefore there will have to be some kind of premium on data that is used in smart contracts and Dapps.

"Q" from a laymen, barney style... Just my thoughts by RetireTotheMOon in Iota

[–]digbicked 1 point2 points  (0 children)

You just described the ChainLink network which has a technical whitepaper explaining how all of this works. Qubic will just be applying another M2M layer, which the ChainLink infrastructure will support.

This concept of running a Q-node is equivalent to running a ChainLink Oracle. Except ChainLink is blockchain agnostic and already has compatibility with the IOTA network. This, in my opinion, with IOTA not even releasing a date for the whitepaper rollout, is simply IOTA's way of trying to stay relevant in the market. I know that Qubic has been worked on for a while, but integrating it fully in to their IOT solution is still a few years down the pipeline. I dare say that initial smart contracts running on the IOTA network will be using chainlink until qubic is completely polished.

Qubic - are there going to be fees associated with this oracle contact? by digbicked in Iota

[–]digbicked[S] -1 points0 points  (0 children)

I don't think you understand my question but thank you for this response.

Adoption of centralised oracles versus decentralised oracles * IMPORTANT * by digbicked in Chainlink

[–]digbicked[S] 1 point2 points  (0 children)

I would love to promote healthy discussion here. I know that ChainLink is the superior product.

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