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Author Topic: Chainlink VS Blocknet - Comparing The Two  (Read 250 times)
GucciBoy (OP)
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December 04, 2019, 07:27:34 PM
 #21

It's quite obvious block net is not a valid competitor to chainlink. Link has probably the biggest partnerships in crypto behind it. Google cloud, Microsoft,  Oracle.  Why did they choose link? Because it's the biggest and most advanced Oracle service about. People hate link because people on 4chan like it but it went unnoticed and it was the strongest performer in the bear market. Link is critical for any blockchains wanting to use real world data.

LINK was shilled for hard, that it was easy to get these partnerships as they had "social proof" that everyone was hyped about it. If you look around you, you don't see any small cap projects with any MAJOR "partnerships", as these companies want the exposure. Google would have never partnered up with LINK, if it wasn't as shilled as it was.

So really you can't compare "partnerships" with the underlying tech. Chainlink is just a token btw, which does have it's limitations, there's much more effort in making and maintaining your own blockchain, and it actually surprised me that they didn't move to their own chain, when they moved to mainnet.

It's no wonder that the price of LINK is taking a hit right now, as the price is being reflected by HYPE, and "partnerships", not use case. I expect it to dip down to the 15k sat area and sit there for a while, might even go lower than that, except if they announce more partnerships keeping the hype train going. Who knows.
Flux0z
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December 05, 2019, 07:35:35 PM
 #22

...but I'm really baffled at what drives this market. I thought the hype of 2017 was long gone, but clearly it isn't, which this is a prime example off.

The market is irrational longer than your sanity. And hype will never be gone. It does not really go away. Humans are always attracted to shiny objects. Why do you think every five years a large billion dollar ponzi scheme always happen and go down in flames?

True, I'm seeing great projects everywhere at very very low entry points. If there was ever a good time to buy crypto, it's now, as I believe the BTC halving next year will have a huge impact on the market.
Wh00re
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December 09, 2019, 07:42:03 PM
 #23

Okay if we go through their similarities, let's say they have but in terms of other things we can't really compare what chainlink is doing than the blocknet. Its like same projects with similar products and usage but the things is we don't know how chainlink team is working throughout the platform and what they did to have a recognition and be known in the cryptospace. If you believe in blocknet because of its similarity that was good you only need to follow their works and if sooner or later they have the power to make the price push because of what they've done or doing.

Blocknet does the work the other around.
Products first, then marketing.

Where as Chainlink does: Marketing first, then products.

There is nothing wrong in both approaches, if you look at the tech behind both projects, Blocknet is miles ahead - They just aren't recognized for it as of yet. This makes it a good investment, as when they DO market themselves, the tech will speak for itself.
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December 10, 2019, 12:55:19 PM
 #24

because you are investing in blocknet, it seems you are more supportive of blocknet, I prefer links rather than blocknet, even though the development of blocknet is more and longer as you said, but people prefer chainlink, meaning chainlink is more popular from any aspect, prove it if I am wrong. Tongue

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Angrydwarfs
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December 10, 2019, 01:06:58 PM
 #25

Okay if we go through their similarities, let's say they have but in terms of other things we can't really compare what chainlink is doing than the blocknet. Its like same projects with similar products and usage but the things is we don't know how chainlink team is working throughout the platform and what they did to have a recognition and be known in the cryptospace. If you believe in blocknet because of its similarity that was good you only need to follow their works and if sooner or later they have the power to make the price push because of what they've done or doing.

Blocknet does the work the other around.
Products first, then marketing.

Where as Chainlink does: Marketing first, then products.

There is nothing wrong in both approaches, if you look at the tech behind both projects, Blocknet is miles ahead - They just aren't recognized for it as of yet. This makes it a good investment, as when they DO market themselves, the tech will speak for itself.
You got yourself mixed up, chain link has done very little marketing. Mainnet came out of the blue, github is extremely active. You're talking rubbish about the best alt performer of the bear market.
Wh00re
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December 10, 2019, 07:19:24 PM
 #26

because you are investing in blocknet, it seems you are more supportive of blocknet, I prefer links rather than blocknet, even though the development of blocknet is more and longer as you said, but people prefer chainlink, meaning chainlink is more popular from any aspect, prove it if I am wrong. Tongue


While Chainlink is on everyones agenda right now, it's still because they've made a ton of partnerships, most of them meaning nothing at all to be quite honest with you. Partnering up with the most shilled project in crypto is a smart move, as it yields a ton of publicity, even Google saw that as an opportunity to boost their marketing efforts.

Chainlinks tech isn't impressive, their marketing strategy is however. If they want to sustain the hype, they need to sustain the hype, meaning more partnerships, and tech releases to satisfy investors, if they fail to do so, it's gonna come crashing down.

Quote
You got yourself mixed up, chain link has done very little marketing. Mainnet came out of the blue, github is extremely active. You're talking rubbish about the best alt performer of the bear market.

Nice joke. Guess you haven't been on 4chan lately, have you? It's THE most shilled project of all time since 2017 - In fact it's so heavily shilled on that board, that it went dead, because people (including me) got so tired of the constant shitposting about LINK all over the board for 2 years straight now.
It actually took a LOT of time before this cult-like community got any attention on Reddit, but they got through eventually.

What made the price spike as much as it did was the Google Cloud partnership, which is impressive, I'll give them that, but until I see an actual use case, I'm really not that impressed, especially considering they launched their mainnet on an ERC20 token, instead of their own blockchain, which would have made everything way easier, and would off have prevented any future blockchain bloat on the ethereum blockchain. (Remember Crypto Kitties? ETH couldn't even handle that, so it wont handle Oracles either).
ichsan ardi
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December 10, 2019, 10:14:22 PM
 #27

LINK , always LINK, can u see how they going to beat the bear market ? its unstoppable . partnering with oracle is the good opportunity for chainlink.

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Wh00re
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December 11, 2019, 07:35:14 PM
 #28

LINK , always LINK, can u see how they going to beat the bear market ? its unstoppable . partnering with oracle is the good opportunity for chainlink.

Is that how LINK holders argue for their own project? If so, I'm done.. Link is riding on hype right now, a lot of projects did so in the past, like ARK. Which went to top 20 Coinmarketcap, and now down to rank 150, when they couldn't deliver what investors hoped for.
Just saying, not trying to hate on LINK, but if that's the only way you can argue for yourself, I dont even want to go any further.

Blocknet has been around for longer, and have developed more than LINK, which makes sense. Link secured a lot of partnerships, but it means nothing, if they can't deliver what they promise.
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