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OT: Stock trading
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[QUOTE="uconntoatl, post: 3954652, member: 6672"] Chainlink will melt faces. More and more are starting to understand. Never stop accumulating. "blockchain has its limitations. These systems are inherently closed off from the rest of the world, which is good for security and integrity but also limits the input data they can accept. Thus, there is a need for a sort of bridge that can help these systems see what is happening in the outside world. But in order for the system to work, the input cannot come from a single source. Why? Because it would then rely on a centralized source of data, which goes against the very nature of blockchain. Chainlink is a decentralized oracle network that is poised to play an important role in the real-world implementation of blockchain technologies. The purpose of this network is to provide input on a variety of external sources of data. Although blockchain is great at what it does — providing a decentralized, secure ledger for digital transactions — it isn’t so great at taking input for things happening outside the blockchain. There are many “off-chain” forces that influence markets, including fiat currencies, credit cards and even the weather and sports scores. As a decentralized oracle, Chainlink can provide input to what’s known as smart contracts." [URL unfurl="true"]https://finance.yahoo.com/news/chainlink-why-important-world-cryptocurrency-110020729.html[/URL] [/QUOTE]
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