Wait. Why does Chainlink need a token? Why can't businesses just build an API?

Wait. Why does Chainlink need a token? Why can't businesses just build an API?

Attached: 1657745418580.jpg (557x550, 22.09K)

Shhhhh don't tell them

why does mcdonalds exist either? i can make a burger taste just like a big mac at home, anytime i like.

Because you can't hire an Indian to make a software that makes Burgers for a 1 time fee

why do I have to trust your business as the sole source of information

why do you have to trust sergey the betrayer of linkies?

You don't have to do anything.

SUPERCOMPUTE ON EVERY CITY!!

>Because you can't hire an Indian to make a software that makes Burgers for a 1 time fee
Of course you can. You never had a job, didn't you?

>software to make burgers
>what are ingredients and costs
An API can be used over and over again with no extra costs.

you trust nodes not sergey
ok i won't use your centralized service

>business uses own api instead of an oracle network
>something happens to business
>api fucked
>service fucked

It's so that baggies can pay oracles and keep the scam running

It doesnt. Its an academic sophistry scam to enrich nerdy uni geeks while jerking it over esoteric futures, larping about cryptographic proof, without releasing anything of value in 6 years

Why does the Oracle network need to have a token and dump it on baggies constantly to pay HR roasties?

collateralization secures the network
>but it doesn't right now
right, which is why until now it has primarily serviced price feeds and there are next to zero adapters with medianizers running right now. collateralization will allow the network to service any trustful application

It doesn't though. How can you collateralized by buying a constantly depreciating asset?

supply and demand determines price. utility creates demand as users purchase the token and service providers reinvest to capture more revenue

So rather than just build an API I have to gamble on a shitcoins for pricefeeds? Sounds sketchy. Moreso, why does Link hold the majority of these coins and sell drop them on the market? This isn't adding up

Because... you just have to, okay?

>you trust nodes not sergey
so you trust jeets running the nodes instead of the fat russian? sound so much better