>CEO and founder of Chainlink, the company that provides crypto price oracles, Sergey Nazarov told Cointelegraph that he does not see Coinbase’s new venture as competition, but more of a complimentary product:
>“We have known about it for months. This came out of a hackathon that was won by Compound. Probably, what will end up happening is that we’ll consume their API.” He also noted that the “signature” refers to a regular API signature and not related to a blockchain infrastructure. Furthermore, Nazarov believes that the fact that Coinbase is getting into this space is a sign that blockchain data oracalization is a growing industry segment, and the demand for such services will increase. He did not rule out the possibility of partnering in the future with Coinbase on price oracle infrastructure.
Fat faggot is undermining them because he’s sweating. Saying it came out of a Hackathon is disrespectful as well as talking about consuming it so early.
Salty fat scammer is pissed he can’t sit on His ass another 3 years with his unused vaporware garbage
based I was looking for the obese Sergey photoshop
Anthony Davis
> He also noted that the “signature” refers to a regular API signature and not related to a blockchain infrastructure. Umm okay so it's just an API? They really need to refer to definitions and be more specific when defining something as an "oracle" Seems likely that this is the latest buzz word and everyone is desperate to profit during the coming recession
Owen Turner
>The oracle standard >This is bullish for chainlink >Consoome their api
sirgay will literally eat all of the competition until his belly explodes and his belly is so big they all can fit inside, basically competition btfo by sirgay ever expanding huge belly
Samuel Torres
Fucking hilarious. “Consume.” Serg is getting cocky. I love it. Just for that I’m buying 200 more LINK with money saved for a dip. Fuck it.
Gavin Perry
>will consume He can't STOP EATING
Jeremiah Sanders
That just means they'll use their data. You either consume an API or you provide it with data. He wasn't being a dick
Wow such cope. Thankfully I don’t own a single link, fuck that scam.
Jace Gomez
They literally say on their website it came out of a hackathon...
Juan Martinez
It is an API, and it can also be classed as an Oracle. you just dont have a fucking clue what you are talking about, and don't understand any of this yet.
that said, Sergey is correct. I made a thread about this earlier see
...using link for marketing. Enigma literally exit scammed with link. They knew they had a settlement with SEC. They announced a partnership with link. The token pumped a bit. They sold their stashes. Several days later, they dropped the bomb about the SEC settlement that effectively forced the project to shutdown. Those are the kind of people link partners with.
Who is actually _using_ link on-chain? Synthetix, not for crypto prices though. Who else?
Jesus, imagine all of the LINKcels coping hard now that their dreams of holding a premined scam token that already completed a pump and dump cycle is deemed obsolete and worthless...
Sir Gay getting cocky. This is the first time he's directly addressed anything like this, isnt it?
They must be really close to launch time.
Chase Wright
That's incorrect, because Set Protocol uses the Open Oracle Standard, ie. what coinbase offered. Haven is the previous name of synthetix, why is it even listed. In other words, it's just marketing rather than on-chain reality.
