nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

Child Item

Is anyone else starting to become a bit excited?

q85dw7osi4lebg

As per title, have we reached the bottom ?

Don't think we'll see the likes of $3200 ever again.

$5150 at time of posting.

Back in the mainstream media once more.

Find more posts tagged with

Quick Links

Comments

Dohnjoe

GreeBo wrote: »

So are we going to see a breakout from one of
Stellar, Ripple, Iota, Cardano, Nem, BAT?

All seem to be treading water around the same 30c mark

Ripple is pending the SEC case. XLM has had a decent rise, likewise Cardano and to a less extent Nem has had some recovery. BAT is the only one that hasn't done much in the last 1 to 2 years, not keeping up with the project but barring any major news from any I'd say BAT would be my bet out of that bunch. That said, when it does move, it doesn't go crazy. Max supply is also an important component.

Dante7

Pretty convincing scam email today purporting to be from Chainlink.

"
Chainlink Smart Contract Upgrade
The upgraded smart contract uses 68% less gas, supports updates thanks to proxy patterns and allows you to participate in future votes.

Chainlink
Jan 14

The upgraded smart contract is not a different contract, but just a new version. This post is intended to serve as a reminder and reaffirmation of Chainlink’s smart contract upgrade on Tuesday, January 14th, 2021 for all community members, users and ecosystem participants. Current LINK holders will need to manually update their LINK tokens via a so called proxy contract, whose main purpose is to ensure a safe and seamless upgrade without breaking any dependencies.

Although no immediate action needs to be taken, however, LINK holders who update early will be eligible for the new liquidity rewards program, starting on January 20th and lasting one week.

To provide enough time for holders to receive the upgrade information, we decided that the deadline should be 12:00, 19th, January 2021 (UTC+8). After the deadline, for those old LINK token failed to update, you could send an email to update@chain.link. Chainlink Team will verify the condition of your old LINK and conduct the swap process once a month. If you have any questions, comments or concerns, please get in touch at update@chain.link or by replying to this email.

Why do we need to upgrade? If a smart contract has already deployed it cannot be modified, so how can we update it? We use a proxy contract that receives all message calls from the outside world and redirects then to a contract containing the application logic. We can then deploy a new logic contract and update the proxy contract to reference that new contract. In Ethereum this is possible thanks to the delegatecall opcode: by putting it into the contract’s fallback function, all calls will be proxied no matter what. This doesn’t mean that the application contract will be in responsible for executing the transaction, as the proxy actually call function code from the logic contract, executing that code in proxy contracts own context. Our application state will then naturally be inside the proxy storage, and context variables such as msg.sender or msg.value will still be related to the account which sent the transaction towards the proxy.

LINK Update Guide
There are three accessible methods to update your LINK tokens:

via interacting with the LINK contract directly on Etherscan.

via MyEtherWallet's Interact with Contract interface.

via the automatic update-script published on Chainlink's Github.

The first two updating methods are pretty straightforward and intuitive. The third one, even though rather simple as well, has some limitations which should be considered before deciding to go forward. In this post we outline and detail and step by step walkthrough for each option.

Recommended wallets:

MetaMask: Best for if you already have an existing wallet or if you have a hardware wallet. If you have a Trezor or Ledger you can connect through MetaMask and update without having your LINK leave your hardware wallet.

Portis, Torus, Fortmatic: Best for if you do not have an active existing wallet and need to send your LINK out of an exchange, custodian service or cold storage.

In any wallet choice, the LINK you wish to update must be in that active wallet along with a small amount of Ether to pay for the transaction cost of performing the update.

Note:

If you have LINK in exchanges or other places, you will need to withdraw it to whatever decentralized wallet you’re using.

Despite the fact that we provide direct links in this walkthrough, we advise all users to manually insert the necessary website addresses (Etherscan, MyEtherWallet, Github) in their browser's address bar, check the website address and the SECURITY CERTIFICATE (green padlock symbol next to the address). Please check this every time you visit the chosen update website just to avoid falling into scams such as duplicate sites.

LINK Contract: 0x514910771af9ca656af840dff83e8264ecf986ca

LINK Proxy Contract: 0x093fAd33c3Ff3534428Fd18126235E1e44fA0d19

Update via Etherscan+MetaMask:
Begin by navigating to the LINK contract on Etherscan. If you wish to approve the exact amount of LINK that you hold, navigate to the “Read Contract” tab on the LINK token contract, click on “balanceOf” function, enter your ethereum address in the “_owner(address)” field and proceed by selecting the “Query” button - this will show, in attoLINK (ex: 'wei' or 10^18), the exact amount of LINK tokens that you hold in the queried address. If you do not wish to do the conversion, you can simply skip this part and when required, enter 1000000000000000000000000000 in the “_value(uint256)” field to set the maximum approval amount for the LINK token.

You now need to set an approval for the LINK proxy contract. Switch to “Write Contract” tab on the LINK contract. You must connect to a Web3 instance such as MetaMask. You can connect a hardware wallet such as Trezor or Ledger to your MetaMask extension and thus interact without LINK leaving your hardware wallet. Proceed by connecting your Web3 instance by selecting “Connect to Web3”. If you have more than one address connected to MetaMask, make sure you select the one that holds LINK tokens.

First, select the “Approve” function, enter the LINK proxy contract address in the “_spender(address)” field, 0x093fAd33c3Ff3534428Fd18126235E1e44fA0d19.

Second, enter however much LINK you wish to update in the “_value(uint256)” field.

Third, select “Write” button and confirm the approval in MetaMask - this will approve the full balance of LINK in your connected account.

When the transaction is confirmed the update is complete. Meanwhile, you may sell, trade and swap LINK tokens, this will not affect the upgrading process. That's it, you're all done!

Updating via MyEtherWallet:
Begin by navigating to www.myetherwallet.com, access your wallet via preferred method and head to the “Contract” section, to the left of your wallet interface.

Enter the current LINK contract address in the “Enter Contract Address” field, 0x514910771af9ca656af840dff83e8264ecf986ca.

For the “ABI/JSON Interface” field, you need to head over to LINK contract “Code” tab on Etherscan.

Scroll down to “Contract ABI” section and click on “Copy ABI to clipboard” button, to the upper right of the ABI code.

Paste the contract ABI to “ABI/JSON Interface” on MyEtherWallet and proceed by selecting “Continue” button. Finally, should look like this:

If you wish to approve the exact amount of LINK that you hold, click on “Select an item” button next to the contract address and choose “balanceOf” function, enter your ethereum address in the “_owner (address)”field and proceed by selecting the “Read” button - this will show in the “Result:” field the exact amount in attoLINK (ex: 'wei' or 10^18) of LINK tokens that you hold in the queried address. If you do not wish to do the conversion, you can simply skip this part and when required, enter 1000000000000000000000000000 in the “_value (uint256)” field to set the maximum approval amount for the LINK token.

Click on “Select an item” button next to the contract address and choose “approve” function.

First, enter the LINK proxy contract address in the “_spender (address)” field, 0x093fAd33c3Ff3534428Fd18126235E1e44fA0d19.

Second, enter however much LINK you wish to update in the “_value (uint256)” field.

Note: “Value in ETH:” field must be left blank.

Third, select “Write” and confirm the approval.

When the transaction is confirmed the update is complete. Meanwhile, you may sell, trade and swap LINK tokens, this will not affect the updating process. That's it, you're all done!

Updating via Automated Script:
This process is not recommended for a normal user or LINK holder, and only commonly used by exchanges or other custodians with proper engineering teams and security protocols that have the relevant experience and knowledge.

Navigate and clone the update-script from the Chainlink Github repo.

Requirements for this process entail:

(a) Python 3.6+ installed.

(b) HTTP Ethereum endpoint that can receive requests (--rpcvhosts=* if local).

(c) Private key of Ethereum account stored as environment variable.

Proceed with running the setup and automatic update-script.

Steps for running the script:

cd Update

virtualenv venv

. venv/bin/activate

pip install -e .

ETHEREUM_HTTP=[YOUR_ETHEREUM_HTTP_ENDPOINT] ETHEREUM_PRIVATE_KEY=[YOUR_PRIVATE_KEY] update

If you do not have a local Ethereum node running, you must specify one with the environment variable ETHEREUM_HTTP. That's it!

If you liked this post from Chainlink, why not share it?

Share

© 2021 Chainlink Unsubscribe
548 Market Street PMB 72296, San Francisco, CA 94104

Publish on Substack

stockshares

Entonces wrote: »

Thanks for the feedback. I'll stick it in ETH.

The FOMO on a big alt run is strong

If your interested in Defi the DPI Index holds a basket of the top 10 Defi coins. That's an option along with BTC and Eth.

Just be conscious of the fact that the SeC are clamping down on Defi and DPI could be affected.

Go on to Messari and download their Crypto.2021 Theses. The big things this year are expected to be NFTs and some Synths but as I said the SEC could prevent this from happening.

crushproof

$40k we meet again

BrandonBay86

crushproof wrote: »

$40k we meet again

The pintmen are gone for now

cnocbui

BrandonBay86 wrote: »

The pintmen are gone for now

The sadness at the price recovery is palpable, and not just from the old dogs like pintman.

tomwaits48

I can come out of hiding now from my wife lol

Pdoghue

TXPTGR1 wrote: »

We will be back very soon, Tether going to run out of road soon.

Do you think this will affect the market much? PlanB doesn't think so.

Irish_rat

Irish_rat wrote: »

Injective Protocol looks promising.

Has potential to be a billion dollar market cap if everything goes well

Up to 127 on market cap. Missed this one.

Irish_rat

Btw those youtubers have no idea what's going on, probably don't know how to write a simple smart contract.

Most are pump and dump merchants.

Coin Bureau is about the only one that provides actual information.

crushproof

Irish_rat wrote: »

Btw those youtubers have no idea what's going on, probably don't know how to write a simple smart contract.

Most are pump and dump merchants.

Coin Bureau is about the only one that provides actual information.

To be fair nobody knows what's going on.

BrandonBay86

TXPTGR1 wrote: »

We will be back very soon, Tether going to run out of road soon.
I actually feel sorry for the mopes shovelling money in now, don’t particularly take any joy in seeing marks getting parted from their money, it’s sad

Would be better if you never come back. Very few would enjoy your salty Joe Duffy style drivel. I and others are up 20% on the purchase of that dip, more than your low risk pension would see over 4/5 years.

Most people are happy to see others succeed in life. You were born without that gene it seems.

More than welcome to come back after you learn how Bitcoin / cryptos work, then we can all have a grown up conversation.

el diablo

TXPTGR1 wrote: »

We will be back very soon, Tether going to run out of road soon.
I actually feel sorry for the mopes shovelling money in now, don’t particularly take any joy in seeing marks getting parted from their money, it’s sad

How sad is your life... Pathetic.

BrandonBay86

TXPTGR1 wrote: »

What I’m trying to save people money???

There are only 4 days in history where you could have lost money on Bitcoin you doze

seannash

TXPTGR1 wrote: »

What trying to save people from making a massive financial mistake is pathetic now???

Greedy dupes never want to hear it I suppose

I'd say you cant walk past a bookies or you'd never get any of the messages done in town with the amount of saving you'd be doing

antgal23

Would maybe re-enter if we had a weekly close above 40 k and bullish PA off the same zone

grindle

BrandonBay86

TXPTGR1 wrote: »

Replace federal reserve with Tether
Bitfinex will have to answer in court for their scam
US dollars are backed by military might
I know which I’d bet on

https://www.aontas.com/knowledge/blog/adult-learner-leaving-cert-options

unkel

grindle wrote: »

Stop the presses!

In today's news: Joe Biden unveils $1.9 TRILLION Coronavirus plan

Oh wait, start back up those money presses...

Dohnjoe

unkel wrote: »

Stop the presses!

In today's news: Joe Biden unveils $1.9 TRILLION Coronavirus plan

Oh wait, start back up those money presses...

I wonder what a Bitcoin pandemic and economic stimulus plan would look like

"Sorry, not much we can do people, hope it goes up in value I guess, oh sweet jesus it's diving down, we're doubly ****ed.."

OEP

Whatever about Bitcoin and it's actual usefulness - decentralised finance will become a thing. Digital currencies will become a thing too, think about the Internet of Things and when we have machines buying and selling stuff - a digital currency makes the most sense. What form that currency will take, who knows. Bitcoin will always remain central to this ecosystem

maninasia

OEP wrote: »

Whatever about Bitcoin and it's actual usefulness - decentralised finance will become a thing. Digital currencies will become a thing too, think about the Internet of Things and when we have machines buying and selling stuff - a digital currency makes the most sense. What form that currency will take, who knows. Bitcoin will always remain central to this ecosystem

It's already a thing. Somebody I know has made 30x on their investments in this 'will become a thing' .
But they will become 'even more of a thing' when they are seamlessly integrated into consumer apps.

OEP

maninasia wrote: »

It's already a thing. Somebody I know has made 30x on their investments in this 'will become a thing' .
But they will become 'even more of a thing' when they are seamlessly integrated into consumer apps.

What I mean by "a thing" is widely adopted and used. Nothing to do with making x times your investment

Dante7

OEP wrote: »

What I mean by "a thing" is widely adopted and used. Nothing to do with making x times your investment

Do you think that the technology universities are offering degree courses in blockchain for the craic?

Frozen Veg

Chainlink didn't really bull the same as others recently and didn't reach its ATH.

Now is it's time.

OEP

Dante7 wrote: »

Do you think that the technology universities are offering degree courses in blockchain for the craic?

What?

I'm in agreement with the usefulness and importance of this technology, but it's still in the very early stages.

Dohnjoe

Frozen Veg wrote: »

Chainlink didn't really bull the same as others recently and didn't reach its ATH.

Now is it's time.

Yup good to see it on the move again. Several other "new age" alts moving too. The market keeps teasing an alt run but it never quite takes off, just a slow move up, which is not bad for the long run actually

Bruno Mannheim

OEP wrote: »

Whatever about Bitcoin and it's actual usefulness - decentralised finance will become a thing. Digital currencies will become a thing too, think about the Internet of Things and when we have machines buying and selling stuff - a digital currency makes the most sense. What form that currency will take, who knows. Bitcoin will always remain central to this ecosystem

Bitcoin is a store of value, there are far better other projects to be used as currencies

OEP

Bruno Mannheim wrote: »

Bitcoin is a store of value, there are far better other projects to be used as currencies

I agree

Bruno Mannheim

Chainlink ATH - get ready

Anyone have DOT, this one could 5x in 2021