In the Oracle space, BAND is a serious competitor to Link and may be a better investment.First; it is not theoretically doing well, it IS doing well. Again, read my post, it's tiring to see that people haven't obviously read it.
Second; the other oracle projects are crap. Even the so called chainlink killer Band that was suppose to be China's answer to Chainlink have been caught copy pasting Chainlink, and trying to figure out how Chainlink's verifianble randomness function work. And despite Binance shilling them, and they got a pump, CZ and co. are using Chainlink integrated in to their Binance Smart Chain, and to top it all off, Band is now using Chainlink's price feed. I'm not even getting in to the failure that is Tellor. Suffice there's only one LINK to rule them all, and in the Blockchain bind them.
Third; the fact that the top 1% of wallets (I'm sadly top in the 4%) doesn't sell and have been holding and hoarding since 2017 is incredibly bullish. The top link wallets NEVER sell. The only links that are being sold in large quantity is from the Chainlink team themselves to gradually increase the circulating supply and spread the tokens out so that they're more decentralised.
You can either buy a piece of what's going to define this entire space, the missing piece of you will to complete blockchain, or to use Nick Szabo's words, the Godprotocol, or you can buy centralised shitty oracles that have failed multiple times.
In the Oracle space, BAND is a serious competitor to Link and may be a better investment.
Link only works with ethereum protocol which is ok today, but Band can work with potentially any platform and this could be a huge advantage.
source: https://smartcontentpublication.med...s-of-band-protocol-and-chainlink-54b7d14823b5Supported blockchains on the Chainlink network include Ethereum, Bitcoin, Polkadot, Ava, NEAR, Kava, Tezos, Binance Smart Chain, China’s BSN, IRIS, EVM based chains, Substrate based chains, Harmony, Zilliqa, Ontology, Kadena, Klaytn, CasperLabs, Solana, Hdac, ICON, Conflux, Hedera Hashgraph, Matic, and many more. There are over 70 blockchains which are being integrated into the Chainlink protocol. While initially launched on the Ethereum blockchain, Chainlink’s systems of contracts are being rewritten to run natively on numerous other blockchains with the LINK token being wrapped via a cross-chain bridge. As a result, each Chainlink oracle network will only be subject to the throughput and security assumptions of the particular chain it’s running on.
I wasn't talking about Chainlink being an Etherium killer, I was talking about ADA and PolkadotDid you read my post? Chainlink is not an Ethereum killer, if anything it makes ethereum run smart contracts extremely effective. It's also blockchain agnostic and can run on any chain as shown IN MY POST THAT YOU GUYS NEED TO READ AND VERIFY!
Oh, and the Ethereum Foundation loves Chainlink.
Sorry if I found angry, but I took my time to write that post, and it's annoying to me when most questions can be answered by reading it, and verifying the links that I've posted.
My apologies I must have misread (ironic given that I tell people to read) your post. I don't see anything killing ethereum however, competing sure, and Polkadot would be my bet as a serious competitor to the ethereum network given that BSN is supporting it.I wasn't talking about Chainlink being an Etherium killer, I was talking about ADA and Polkadot
Thanks man!
I’ve never used coin base. Will check it out though.
You clearly didn't read my post.
Behold, BAND.
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Second, since you didn't bother to read my post clearly.
source: https://smartcontentpublication.med...s-of-band-protocol-and-chainlink-54b7d14823b5
Stop being intellectually lazy, and READ.
Because LINK is actually being used to secure billions of dollars and is integrated in numerous DeFi protocols. Read my post where I go through Chainlink. One is a low marketcap coin that has no adoption, the other has over 400 integration and is lead by someone that people suspect might even be Satoshi. XCD or whatever it's called also had almost zero movement in the bearmarket, meanwhile link outperformed bitcoin by x10 in a the bearmarket, and was the only asset that actually grew and achieved a new all time high.
I'm actually a bit dumbfounded at the little attention Chainlink (and my post) is getting. Name me one other oracle solution that's adopted across the major DeFi protocols and even offered as a service by enterprises.
I looked it up, not impressed. Looks like ripple where the network is intriguing but the token isn't needed. Wasn't impressed either of its performance in the 18-19 bearmarket, it's almost the same age as chainlink and yet it was completely flat and only rose now. Not an indication of belief in the project since to me it shows that there was barely any activity in the volume. I'll stick with what is the standard and is now considered an authority in DeFi.XDC has adoption, just not much yet, and that was my point - it's still very much unknown and in its earlier stages, and stands to possibly go up by orders of magnitude whereas chainlink may have already gone through it's major rocket. Chainlink has gone up 25,000% since inception. XDC has gone up 800%. Did you actually look into Xinfin and understand what problems it is trying to solve? What triggered alarm bells?
I also own some Chainlink as well, btw.