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The ETH 2024 road map is a silent cry for help. Vitalik has an eating disorder: He is having emotional surges, which lead to splurging and purging, and then he scourges himself from the guilt and shame. He is on the verge of breaking down, the burden of scaling Ethereum is too much.
Why Hasn't Bitcoin Gone Up Yet? A Beginners Guide to Bitcoin Price Analysis.
Coinbase is joining the Chainlink SCALE program
Mentions
It is your opinion that eth is way overvalued against btc. It is my opinion that btc is hugely overvalued against basically everything. It is a PET ROCK, it does NOT SCALE at all, and it will have INSUFICIENT SECURITY within very few halvenings. And most important of all: None of these problems can be adressed with more than talk or token actition at most.
I picked the Bitcoin that actually can scale, not the high fee garbage that’s obviously propped up by tether. Such a joke, your dev team are crazy conspiracy theorists who want to keep small block and high fees. Good luck gambling your life savings on technology that CANNOT SCALE lol.
I explained it to you. The largest L1s are paying 8 figures to Chainlink right now. There is a ton of uncalculated revenue on the SCALE side, we have rough estimates which people interested have taken the time to put together. I would like to help you more but I don't have the time, sorry. If you want to do your own research you may find the details out there. But let's also not forget these are all speculative assets. What crypto has greater speculative value than Chainlink right now from a sheer fundamental perspective of what they're building and the entities they're working with? The value they're about to bring on chain dwarfs the entire mcap of crypto by multiple orders of magnitude.
This is highly misleading and it would be beneficial for you to edit or delete. As someone who has worked in crypto for the past 4 years I can tell you it's VERY hard to aggregate data the way defillama attempts to and a lot of what they're doing is erroneous/best guess. For a service like Chainlink it simply doesn't work, as Chainlink has multiple revenue streams many of which are not directly on chain but still ultimately go to build for and reward token holders. It is estimated currently they're doing somewhere around $300M+ revenue/year across all revenue streams, putting total revenue more in line with something like Ethereum. These include data feeds, automations, all the SCALE deals where exchanges pay them $20-30M+ annually for services, deals like with GMX where they earn 2-3%+ on total revenue for services, etc. The vast majority of this not represented by defillama. LINK is probably for revenue:token price the best "deal" in the entire market, as generally I would agree with you the market doesn't currently care about fundamentals. If it did, LINK would be a top 3 token right now if not #1.
Base knew what they were doing from the very beginning. That’s why they integrated chainlink and joined chainlink SCALE within the first days of their existence. Now they already have a tokenized fund from Franklin Templeton.
Source? I just gave it to you. Hedera joined chainlink SCALE. Hedera is paying chainlink for data lol how clear can I be?
>From your perspective, ignoring WLFI, is there any value in owning a currency related to an AAVE lending platform? Any smart contract platform including Defi protocols require oracles because they need off chain data. I choose to invest in chainlink because it exposes me to any protocol using chainlink oracles. > Im seeing that Justin Sun just bought $30m worth of WLFI. Probably wants exposure, but I have a good idea why. [https://cointelegraph.com/news/tron-partners-chainlink-defi-expansion](https://cointelegraph.com/news/tron-partners-chainlink-defi-expansion) A month or so ago, Justin gave complete control over to chainlink and dropped their own oracle provider (WINkLink). They also joined chainlink [SCALE](https://chainlinktoday.com/tron-dao-joins-chainlink-scale-to-secure-6-5-billion-in-tron-defi-tvl-with-chainlink-data-feeds/) to accelerate the growth of their network by getting enhanced access to chainlinks services. This also means theyll be integrating CCIP, which is chainlinks flag ship cross chain protocol already integrated by AAVE and future potential large FMIs (swift DTCC etc will be in 2025). CCIP enables ETH and all its L2's to act as one big liquidity pool. More traffic for WLF, means more money for AAVE, which means potentially more money for anything connected to CCIP.
I'm an idiot; I was looking at currency pairs in Trading View and somehow INVERT SCALE got checked. 🤦♂️ You're absolutely right...everything is up. 🍳🤦♂️
All above CAN'T SCALE. Naturally, dies.
Because it has very little to do with the settlement chain. If they cant get the proper data on chain, then funds are not put on chain. The chain is irrelevant, that’s why every L2 has already integrated CCIP. The settlement chain makes very little, that’s why BASE is paying chainlink to be in their SCALE program, to get high quality data feeds to make this shit even possible. Base wants part of the action and chainlink is letting them. https://x.com/ChainlinkSnail/status/1852193312306008244 The man on the far left is from Franklin templeton.
Hbar joined SCALE too
Hbar just joined chainlink SCALE and lido just integrated CCIP
WHERE ARE THE BEARS WHERE IS SUB 50K I've been taking a big break folks because honestly it was bumming me out looking at the daily with all the europoor butters yapping about how their 50 euro bet is down 99%. I'm happy to report I recently sold my BTC for a 42k profit after holding for 1 year and getting that LONG TERM CAPITAL GAINS TAX RATE. It's unbelievable fellas 15% instead of 35% or whatever it is. Now I've taken that 82k and another 50k bullet and I've gone all in All in on what? YOU GUESSED IT FOLKS IM ALL IN ON AVAX. 132K ALL IN along with my 60k buy last year for a TOTAL OF 192K with an average price of 23. That's right fellas every time this bad boy goes up $2.3 that's another 19k for me I am locked and loaded folks we got JPOW PATRON SAINT OF THE ECONOMY inbound tomorrow. We got the HALVING IN EFFECT. WE GOT THE ETFS IN EFFECT WE GOT THE GREY SCALE AVAX TRUST ROLLING BTC TO 200K AVAX TO 300 BULLS WIN WOOOOOOOOOOOOOOOO
tldr; Circle, the company behind USDC, is partnering with Sony Block Solutions Labs to expand the use of USDC on Sony's Soneium blockchain, a layer-2 solution built on Ethereum. This collaboration aims to make USDC a preferred choice for creators and developers in the Web3 space. Circle's Bridged USDC Standard will facilitate seamless transactions between Ethereum and Soneium. This partnership marks a significant step in enhancing connectivity and creativity in the digital world, aligning with Soneium's integration into the Chainlink SCALE program. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Wow you’re literally a dunce. Take a look at what other SCALE partners are paying them. Once again. The thing that mattered in this partnership was chainlink and its clear now.
[https://x.com/soneium/status/1834231666430165122](https://x.com/soneium/status/1834231666430165122) Look what we have here. Looks like soneium is paying chainlink millions of dollars to join their SCALE program. Gee I wonder why.
Sonic aka Fantom, just joined chainlink SCALE too.
Reddit has no idea whats going on especially inclinedumbbell. "bUlLiSh oN eTh" >“The launch of Soneium is a strong signal of the ongoing advancements taking place in the blockchain industry,” said Johann Eid, Chief Business Officer at Chainlink Labs, in a statement. “Sony Group and Startale’s vision has the potential to extensively impact the current landscape. We are excited to see Soneium adopting Chainlink CCIP as its canonical cross-chain infrastructure, Chainlink Data Feeds which will be accessible to developers through Chainlink Scale, along with Functions and VRF to power a robust, developer-friendly ecosystem.” Sounds like theyll be joining chainlinks SCALE program and using almost every chainlink service including CCIP as their canonical bridge.
>nobody wants to develop on cardano False. There are dozens of projects and products being developed and launched. How do you say that there's no development when Defilama lists 30 of them? >nobody uses hydra That's because hydra is something that needs to be run by a project to use it. It's not a L1 solution that can just be added. Projects need to launched and run a hydra head. It's not happening. >eUTXO is notable bad It's simply not because it allows you to do nuanced things that other chains do not to. Transaction splitting, with multiple inputs and outputs for example. Recently a marketplace launched that lets you both loan against an NFT while also listing the NFT for sale simultaneously. Sounds like you just have a poor understanding >Scaling You suddenly changed from Inability to scale to "maybe those will do some difference". Newsflash. NO CHAIN CAN SCALE. ETH gets too expensive, Solana crashes, other chains get drug down and lag, or stop minting blocks. Cardano has been scaling, it continues to scale, and there are L2 solutions coming this year. >Still without a usable product for defi Again, a flat out lie. Easily the most provably false point you've made so far Can you not go to Liqwid, Lenfi, and Levvy to get Loans? Can you not mint and burn stablecoins with COTI? Can you not take on collateralized debt positions with Indigo, minting and burning synthetics? Can you not engage private transactions with Encoins? Can you not yield farm on like 7 different Dexs? Can you not get liquidity bonds on Optim? (and then you can take those bonds and lend against them on liqwid) Can you not Implement automated trading strategies like a box spread on AXO? Can you not DCA and split transactions on Dexhunter (as well as aggregate all cardano DEXs)? Can you not rent NFTs, loan against NFTS, against tokens, borrow staking delegation on fluid? I could keep going. The bottom line is you're full of shit and have no idea what you're talking about.
I currently hold all the ones listed above. 31% GPU 25.4% PAAL 17.9% AIT 10.3% SCALE 9.8% DGI I then have 3.3% in NEURA. It launched a couple days ago and I like it and entered at 0.022 I finally have 1.6% in SCANS. I bought at 0.24 but it dumped a lot. I staked for 4 months so J hope when I unstake I’ll be in profit
The thing is that it doesn’t matter if Lightning doesn’t catch on because we can still create other L2s over time. [In fact we have dozens of new L2s being developed right now](https://l2.watch). But none of the scaling matters if nobody considers Bitcoin itself valuable. If people think it’s worthless they’ll never accept it for payment no matter how well it scales. So becoming a strong store of value must occur first. I don’t know why you guys think Bitcoin has “failed” because it isn’t already scaled today. For something to achieve real adoption and scale it doesn’t just need scaling technology, it also needs to: 1)SURVIVE-nobody wants a money someone invented yesterday-so the longer Bitcoin survived and proves it’s here for the long term the more desirable it is as money 2)BECOME VALUABLE-to replace the trillions in fiat currency your money needs to be worth trillions too. Nobody is going to replace trillions in currency with some shitcoin that has a $20 million market cap. 3)SCALE-when it’s proven that it’ll be around today, tomorrow, and ten years from now people start to think of it as something they can really store value in and then you’ll need the scaling to accommodate everyone who wants to use it. And as you can see there are [literally dozens of L2 scaling projects for Bitcoin.](https://l2.watch) But they have years of time to scale it correctly.
Invest in the currently hyped altcoins. Which is mostly AI / De-Pin projects like PAAL, GPU, 0x0, OPSEC, SCALE, .... The trend is your friend, these coins are all sub Billy market cap and will all most likely hit several Billies if the promised alt season comes to us.
No idea, all i know is there paying a pretty penny to be a part of chainlinks SCALE program. I think the end goal is for all the protocols to have CCIP integrated when CCIP goes live with swift.
Yeah but when will a consumer benefit from moonbeam being part of SCALE?
Theyre doing something behind the scenes. Theyre literally paying chainlink to join their SCALE program which aims to sustainably accelerate the the growth of layer-1 and layer-2 blockchains. Other protocols that have joined scale are Avalanche, Metis, Moonbeam, Moonriver, Starknet and Base. USDC also integrated CCIP a week or so ago. What reddit doesnt know could fill a warehouse.
>The bottom rung of the crypto matrix is occupied by what I call cryptocreeps, the despicable online criminals, hackers, terrorists and sexual deviants that swim in the sludge of cyberspace and perpetrate every possible kind of evil, on a scale never before imagined. Fucking LMAO! In this guy's imagination we've unleashed a wave of evil ON A SCALE NEVER SEEN BEFORE. What a take
genius isn't just someone smarter than you. by your definition, the second dumbest person to ever exist is a genius. A term that is used in a relative context, but is 'relative' to then entire possible set of subjects, is not a relative term. the second shortest person is TALLER than the shortest person, but is not TALL in the absolute sense, even if the absolute sense is "relative to every person on the planet". that is no longer a relative scale, it is an absolute scale of human height. Genius is not used to simply differentiate two arbitrary people, it is to distinguish one person in absolute terms of the entire population. and clearly you aren't a genius if this needs explaining to you so i wouldn't worry about it if i were you anyways. You referencing general relativity is hilarious because it shows you dont know what you are talking about. just because his theory of relativity and your use of a relative term use the same language does not make physicas and semantics the same subject lol. the IQ SCALE is adjusted every generation, but moving the scale around does not change the underlying measurements. you are still measuring intelligence and measuring against the entire population. which number you chose to represent the average person doesnt change how the scale is used or how it measures things FFS. that would be like if decided to invent a new measure temperature scale and it was just Fahrenheit minus 10 degrees. that wouldnt make the world a colder place just because your 80f sunny afternoon was now 70f in my new Fahrenheit 2.0 scale.
[https://www.prnewswire.com/news-releases/matter-labs-collaborates-with-chainlink-labs-joining-chainlink-scale-and-integrating-price-feeds-on-zksync-302013097.html](https://www.prnewswire.com/news-releases/matter-labs-collaborates-with-chainlink-labs-joining-chainlink-scale-and-integrating-price-feeds-on-zksync-302013097.html) So this is why they joined SCALE.
The problem is not even the education, it’s the debt burden and opportunity costs. If you could cut out the fluff “core” graduation requirements, a university degree would be 2 years instead of 4 years. Also, we currently have the technology to make it substantially cheaper but their is ZERO INCENTIVES for this, so they continue to jack up the prices per credit hours. The average American seems fine with becoming a normie debt slave though… if the our country truely cared about education, they would haven restructured the education system to make it affordable and accessible ON A MASSIVE SCALE leveraging technology.
>IF Solana is one of the dominant layer 1 dapp chains the current usage is probably 1/1000000th of potential. Ah yes the big IF, yeah the world will follow Solana foundation plan and help it become the dominant layer 1, it just needs to grow its [TVL like maybe like 41x from current $574mil to catch up to ETH $24bil right?](https://defillama.com/chains) Or wait, [maybe actually get more developer first to create actually useful applications](https://www.developerreport.com/) before talking about attracting more users? ​ >One word you probaby never heard of. SCALE. You think this is it? Ah yes, then maybe before Solana did all that Ethereum already scaled to a more cost efficient level and the risk of moving to a low TVL chain or develop app on low TVL chain become more risky and less rewarding. I also wonder which serious business would develop mission critical high availability application on a chain with multiple down times, and before you tell me that's been fix, [it's not even long ago since last issue came up](https://status.solana.com/uptime?page=4), imagine a decentralized financial application that can't even catch up with SLA 99.9% requirements. But I guess it doesn't matter to dumb Solana blind supporters, the foundation just tell their believer that they scale without telling how to scale, and they believe immediately without thinking about it lmao. ​ >Second. Where do you get the 50m from? Is that the current validator compensation? The Solana foundation expenditures? What do you even mean with that. > >Printing Solana? Holy shet, please go back to your cave and dyor some more. Dude you invest in Solana and you need me to provide you the publicly available information? Maybe keep the "dyor" advise to yourself.
One word you probaby never heard of. SCALE. You think this is it? IF Solana is one of the dominant layer 1 dapp chains the current usage is probably 1/1000000th of potential. Second. Where do you get the 50m from? Is that the current validator compensation? The Solana foundation expenditures? What do you even mean with that. Printing Solana? Holy shet, please go back to your cave and dyor some more.
My Brothers & Sisters, Please Understand that Crypto(BTC,FCC, FBI or CIA ) its NOT Money Ok it has none of the Amazing Qualities GODS Money has and the Track Record that Amazes . If You would Like to Know what Gives Money it's Intrinsic Value Just ask or Find Out. XoLD Storage or Not if You can't LOG On It's worthless. Again it's NOT Money. YoU Must understand Just Weights & Measires fair trade with thy neighbor here and abroad. IT WILL BE BIBLICAL IN SCALE THIS WEALTH TRANSFER . IT WILL BE ADDED TO THE BIBLE EVERYTHING BASE2 BELONGS TO ✝️ IT WONT HAPPEN EVERYTHING Y'ALL THINK IS GONNA HAPPEN ITS NOT LOL INCREDIBLE THINGS MANS TOIL .
This is why you need to pay attention to who is joining chainlinks SCALE and BUILD program, and who is refusing it. Dont trust synthetix.
**\*NOT TO SCALE** By these numbers the Bitcoin should be < 1/1000 the size of the planet.
Most people will tell you to hold on to it and be patient. Let me be real with you. What you’re going to want to do is get a solid vpn, and sign up for a low kyc exchange that offers leverage like KUCoin. Move your 1 eth to this exchange. Now you need to be patient - at some point in this bull market, there will be serious FUD that results in a 30-40% retrace off the local high. It might happen at 40k, 50k, who knows, but it will materialize over the period of 4-8 weeks. Think China fud, block size debate, exchange failure - something tangible and actually scary. This is when you want to SCALE into a 10x long. Don’t try to time it perfectly - set your orders in a spread range between 30–40% off the local high and do not pull them when price is falling - some may not hit. You can always jam all in with unfilled cash once you’re comfortable the bottom is in, but don’t be too quick - make sure the recovery has spanned multiple days before shoving. If you time it right you can ride this 10x safely to the end of the bull market. Don’t get too greedy - eventually you need to close your position. Think fall 2025. Good luck.
tldr; Chainlink Price Feeds are live on Base testnet, a new Ethereum L2 incubated by Coinbase. Base will also participate in the Chainlink SCALE program to offer developers lower-cost access to critical data and oracle services. Chainlink enables developers to build feature-rich Web3 applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
That's right. Technologies can add additional sophistication, or reliability, or create abstractions, or add features in higher layers, but they don't SCALE in layers. * You don't need to think about the sophistication of a nuclear power station when you flick your light switch at home. But you can't make the nuclear power station generate more power with the simplicity of your light switch at home. * You can use more-reliable applications on error-correcting TCP/IP which runs on top of the error-uncorrected IP (Internet Protocol). But you cannot transfer more data per second with TCP/IP than with IP - you can only transfer less. The Internet scaled not because of its layers, but because it scaled its base, physical layer. We tore out slow single copper twisted pair, and replaced it with fast multiplexed optical fibres. We scale cryptocurrency by dumping slow single blockchains, and replacing them with fast multiplexed Block Lattice Directed Acyclic Graphs (DAGs).