What is Chainlink? (Part 1)

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  • Опубликовано: 1 фев 2025

Комментарии • 283

  • @intothecryptoverse
    @intothecryptoverse  3 года назад +459

    Class is in session

    • @petergreenson
      @petergreenson 3 года назад +6

      INVEST1100
      Into the Cryptoverse with Dr Ben Cowen?

    • @Envoy_Intuition
      @Envoy_Intuition 3 года назад +3

      Thanks Dr. Cowen!

    • @AlphaWIP
      @AlphaWIP 3 года назад +5

      Daddy Cowen

    • @sntdove344
      @sntdove344 3 года назад +4

      Would you be interested in showing your crypto holdings percentage wise. So you don’t have to show the money amount. It would make for a great video.

    • @chesneyblair9685
      @chesneyblair9685 3 года назад +1

      Thanks as always.

  • @jungshin87
    @jungshin87 3 года назад +186

    Ben doing his part for Chainlink. Sergey would probably be down for an interview, its probably scheduled behind the scenes.

    • @fuego3517
      @fuego3517 3 года назад +2

      Sergey wouldn't talk to someone who might mention the price of link. He's a professional

  • @AltcoinDaily
    @AltcoinDaily 3 года назад +268

    quality content 👍

    • @DannysAquariums
      @DannysAquariums 3 года назад +5

      Great seeing you here 👏

    • @areted1985
      @areted1985 3 года назад +7

      Awesome to see the crypto YT community supporting each other!

    • @georgiestuff
      @georgiestuff 3 года назад +4

      Still calling manipulation every chance you get?

    • @AtomicDoorknob
      @AtomicDoorknob 3 года назад +4

      Quality comment 👍

    • @YMH420s
      @YMH420s 3 года назад

      Love the sarcasm

  • @connorloghry7290
    @connorloghry7290 3 года назад +97

    Love your persistence with Chainlink, I feel you Ben

    • @janedoeski2960
      @janedoeski2960 3 года назад +2

      Most important altcoin in the market and nobody can comprehend why

  • @julianhartzell6805
    @julianhartzell6805 3 года назад +12

    Man. Never. Change. This channel is a haven of sub-par production quality, high school level power point presentations, and topnotch data science. I wouldn't have it any other way.

    • @julianhartzell6805
      @julianhartzell6805 3 года назад +1

      @@cranedaddy678 My life's goal is complete.

    • @nachosucker653
      @nachosucker653 3 года назад

      Haha. I was about to thumbs-down this but there you go redeeming yourself! I also live his "not gonna edit that out" style. So much better than the click bait crypto Tubers

  • @kurtayergenekon8039
    @kurtayergenekon8039 3 года назад +4

    One of the best videos I have watched in a recent time. You focus on the TA side on your channel but you are much more knowledgable than the other fundamental analysts!

  • @dave4148
    @dave4148 3 года назад +26

    I’d love if Part 2 could cover how it reaches consensus regarding the validity of off-chain data, as well as some practical examples

  • @sgtOOX
    @sgtOOX 3 года назад +8

    More Chainlink videos please; love these educational vids. Nailing down ETH and LINK really lays the groundwork for understanding the entire crypto space and it’s potential

  • @narwhaltacos2197
    @narwhaltacos2197 3 года назад +16

    Would definitely love to hear your thoughts in a 2nd video. Chainlink is worth the study in that it straddles both the Cryptoverse and the real world, and in doing so it seems to be pushing to bring decentralization into the larger world in general. Maybe I’m wrong, but Chainlink certainly needs to be recognized as a unique project/asset.

  • @s135461
    @s135461 3 года назад +1

    I have never understood so little of a video whilst simultaneously wanting a part 2 of it at the same time.

  • @k1a2n3e41
    @k1a2n3e41 3 года назад +4

    Ben's so good at holding a straight face i thought we was actually having a moment of silence for Chainlink holders, i was like "I'm happy with my ChainLink"

  • @robertwhleung
    @robertwhleung 3 года назад +10

    Excellent explanation Ben. Looking forward to watching Part (2) soon. Cheers!

  • @owenwallace4963
    @owenwallace4963 3 года назад +3

    Love the theory and speculation about LINK, born to soon to see what these systems fully create, born just in time to see the birth of it all

  • @atm8162
    @atm8162 3 года назад +1

    I appreciate the time you take for free to educate us on important facets of the crypto world. Wish there was a more affordable way to participate in your program, yet once this cycle becomes more profitable for me, I will pony up and contribute because your content has been invaluable.

  • @FuzzyLogic890
    @FuzzyLogic890 3 года назад +2

    You're a mindreader! Was hoping for a LINK vid and this was beyond my hopes

  • @mikejohns3104
    @mikejohns3104 3 года назад +10

    This is what you need to know. Chainlink is a necessity for blockchain interoperability.

  • @samyinabenz9669
    @samyinabenz9669 3 года назад +1

    One of the best explanations in crypto I’ve ever seen 👌🏼

  • @Sganarelle22
    @Sganarelle22 3 года назад +2

    Great video!
    Would be really great to cover the tokenomics of chainlink in the second video.
    For a lot of people, it is to this day one of the most unclear part of the chainlink oracle.

  • @Posttraumaticgrowth
    @Posttraumaticgrowth 3 года назад +3

    The fundamentals of Chainlink look amazing. I am veryhappy I have invested a fair share in it.

  • @chanchiravar
    @chanchiravar 3 года назад +1

    Heavily invested in Chainlink, and you play a big role in that Benjamin, you got me!🤣 Now im on this ride with you🚀

  • @JeffJoltes
    @JeffJoltes 3 года назад +8

    Quality content as per usual. I Would love to see a part 2.

  • @nicka302
    @nicka302 3 года назад +30

    “Chainlink is currently $33”. We will look back at that statement in 10 years time, and look back wishing we bought more.

    • @janedoeski2960
      @janedoeski2960 3 года назад +4

      You comprehend it. Congrats, not many understand how vital LINK is. Like buying ETH at $3

    • @roeland195
      @roeland195 3 года назад

      @@senpai8741 my question exactly

    • @janedoeski2960
      @janedoeski2960 3 года назад +3

      @@senpai8741 the token is a collateral tool. The data that flows into all of these blockchains has value, the token will be used by locked it into the contracts to secure the data. Chainlink staking is actually the collateralization of all the data flowing through the network. This prevents what’s called Sybil Attacks on the data layer. The token is also used as payment for all node operators for the timely delivery of data. TLDR: the token is locked into smart contracts to provide data guarantees while also used to pay node operators for delivering that data.

    • @janedoeski2960
      @janedoeski2960 3 года назад +1

      @@senpai8741 no problem, good luck.

    • @hakangumustas8553
      @hakangumustas8553 3 года назад +1

      I have started buying link since $4 and now I have got 2.5k of them and hopefully buy end of next year want increase them up to 10 k of them

  • @MrSumeetshetty
    @MrSumeetshetty 3 года назад +1

    Thanks for the clear explanation 🙏🏼
    we definitely need a second video on chainlink..

  • @xiangdongluo9361
    @xiangdongluo9361 3 года назад +17

    Can’t wait to see the second one! Make more video like this one please

    • @jonslaughter3369
      @jonslaughter3369 3 года назад +1

      Yes, please keep sharing in the structures of these systems to those of us from perhaps a different intellectual/academic/training/experience background. Absolutely brilliant video.

  • @danmccoy7107
    @danmccoy7107 3 года назад +1

    Like your info. My man, sometimes a struggle to force myself to stay focused and listen. Easy to day dream as you talking.

  • @JohnnyBlaze6954
    @JohnnyBlaze6954 3 года назад +2

    The beginning 2 minutes of your video is hilarious and so true, I love your channel!

  • @mlceltic
    @mlceltic 3 года назад +8

    Brilliant content Ben, and looking forward to Part 2. Might we see some updated price analysis/prediction using logarithmic regression like you have done with ETH, BTC and ADA? Maybe re-visit the $1000 topic you touched on previously?

  • @hasanchoudhurymd
    @hasanchoudhurymd 3 года назад +3

    Excellent discussions!
    Sounds good.
    Most fascinating. Thanks.

  • @amrikgill1558
    @amrikgill1558 3 года назад +2

    Thanks for making this type of lecture video Ben. It makes a nice change to charts and was VERY informative. Please can you kindly do some more once in a while as it helps with the background fundamentals of crypto projects to complement chart analysis. 👍🙏😁

  • @thehylander266
    @thehylander266 3 года назад +36

    School is back in session with Professor Ben on fundamental analysis this time!

  • @daviddivad6109
    @daviddivad6109 3 года назад +3

    Thanks for that, Ben. Yes to a second video!

  • @DamonMurphy1
    @DamonMurphy1 3 года назад +4

    I love the fundamental tech behind Chainlink. I'm sold on that and for that reason I have it in my portfolio. My worry about Chainlink from an investment perspective is that less than half of the total supply is currently in circulation right now. Am I wrong to think that when the rest of that supply hits the market, that will drive the price down unless some serious increase in demand kicks in?

  • @MichealAEdwards
    @MichealAEdwards 3 года назад +2

    Thanks champ great info, I topped up my link holding yesterday in that little blip

  • @shoshanahomami4364
    @shoshanahomami4364 3 года назад +3

    Great video! Really wish to be more educated on how the blockchain actually works and crypto use case! Thanks for the amazing content always!

  • @dalerfc5586
    @dalerfc5586 3 года назад +2

    This cycle is more of the same as every cycle is different 🔥 starting to see the macro

  • @trainsmore
    @trainsmore 3 года назад +1

    Bennnnnn this video was sooo helpful please yes more content like this! Would be so helpful for all coins. This is goooolddd very much appreciate

  • @davidpeters6256
    @davidpeters6256 3 года назад +2

    Yes, second video please!!! That would be great!

  • @andrespages4242
    @andrespages4242 3 года назад +2

    Ben i have been watching for a while and i gotta say these are my favorite videos i wish you would do the same type of videos for other projects?

  • @josemorenomendes6087
    @josemorenomendes6087 3 года назад +1

    The best channel about crypto! No doubts!

  • @NickLantzy
    @NickLantzy 3 года назад +6

    Learning what college never taught me. Proud to be in the premium list.

  • @BitcoinMoonBoys
    @BitcoinMoonBoys 3 года назад +1

    These are my favorite videos. We need more

  • @cl1mbat1ze
    @cl1mbat1ze 3 года назад +2

    These educational videos are great :) I would like a part 2

  • @PrettyAmulet
    @PrettyAmulet 3 года назад +1

    you are a treasure for humankind and we cannot lose you

  • @Loui3Hunna
    @Loui3Hunna 3 года назад +1

    Great video Ben! Would love a part 2

  • @rvwitz6095
    @rvwitz6095 3 года назад +1

    Great content! And I would like a second link video! Keep up the great work en good content💪🏼.

  • @ugester
    @ugester 3 года назад +3

    I do love sharting every now and then. Happens really easily when gas is too high and things are congested.

  • @lucasnoordhoek
    @lucasnoordhoek 3 года назад +2

    YES we would like a 2nd video on LINK!

  • @goodhope9673
    @goodhope9673 3 года назад +28

    James from math, money and freedom thinks chainlink could hit $90 + this cycle and possibly $1000 in the next cycle. He has been pretty accurate

    • @kjeks90
      @kjeks90 3 года назад

      @@green_firefly Like what?

    • @swellfella7439
      @swellfella7439 3 года назад +3

      @@green_firefly he was sure as hell right about solana. And I wouldn’t hold it against a RUclipsr who’s massively increasing in popularity just because he wasn’t as personally responsive to you as you’d like. I’ve seen him look into things for people live during Q & A. But to each their own. I watch both and gain value from both.

  • @Lumencraft-
    @Lumencraft- 3 года назад +1

    Great video Benjamin. if you do another video on it, I would like to hear more about the coin itself and the business. Does the coin work like a stock? For example is the money we spend buying Link given to the developers to pay salaries and cover innovation costs? Does the network selling its products to businesses directly increase the price of the coin, or just when people buy more of it? Does any part of the business revenue get returned to investors like a dividend etc....

  • @austinchargers
    @austinchargers 3 года назад +4

    Love this type of video Ben!! 😃

  • @ludy9456
    @ludy9456 3 года назад +2

    knowledge..... is power 😊
    thanks benjamin!

  • @Mynameisgus94
    @Mynameisgus94 3 года назад +2

    great info, Ben! much appreciated your hard work. hodling since $5.

  • @Milesmacedon
    @Milesmacedon 3 года назад +32

    One of very FEW tokens that has a LEGIT utility 95% others will go to zero over the next 10 years

    • @ckukner
      @ckukner 3 года назад +1

      make it 99%

    • @vivarantx
      @vivarantx 3 года назад +1

      @@777jrg you forgot ada...remove solana, aka the crasher, from that list

  • @ReneSalasDesign
    @ReneSalasDesign 3 года назад +1

    Great video and love the educational aspect to ur channel. Perhaps am update on how Ethereum has solved the trillema problem with it's modular blockchain configuration. Great work!

  • @ninobach7456
    @ninobach7456 3 года назад +1

    Love your fundamental analysis

  • @kevincashion9303
    @kevincashion9303 3 года назад +1

    EN FUEGO!! Ben scorches the Earth with his knowledge!!

  • @wastestatement7784
    @wastestatement7784 3 года назад +1

    Awesome content. Maybe you could move your chat window to the predominant dead space in the top RHC of your slides as sometimes the images were cut off🤙✌️

  • @timothybeltz1567
    @timothybeltz1567 3 года назад +10

    It would be good to describe how the token derives its value... Tokenomics. I understand the projects value prop.

  • @czeypher8535
    @czeypher8535 3 года назад +11

    Love LINK. Can you do a new one on VET soon?

  • @donaldshoup9984
    @donaldshoup9984 3 года назад +3

    chainlink is a very valuable crypto everyone needs

  • @indonesianmma9816
    @indonesianmma9816 3 года назад +1

    Yes we want a second video, thanks bro

  • @Bob-up7lt
    @Bob-up7lt 3 года назад +3

    Love this! Thanks for putting this together

  • @codydwaynefx
    @codydwaynefx 3 года назад +2

    Second video please. Freakin deep dive. I just learned a lot!

  • @supremebeing7834
    @supremebeing7834 3 года назад +3

    Layer 1's mega pumping this cycle, oracles mega pumping next cycle 👊

  • @dakotafenstermaker7903
    @dakotafenstermaker7903 3 года назад +1

    Awesome video, consider talking about Solona

  • @b-rad3013
    @b-rad3013 3 года назад +1

    YES DO A SECOND VIDEO PLZ! BLUE CHIP CHAINLINK, DESERVES A SECOND VIDEO!

  • @dalerfc5586
    @dalerfc5586 3 года назад +4

    I can’t see how there’s a better future investment than link. Their success is inevitable

  • @douglasstewart2253
    @douglasstewart2253 3 года назад +1

    Thanks for the awesome explanation.

  • @vaultdweller966
    @vaultdweller966 3 года назад +1

    That's the right amount of info 👌

  • @14butanediol
    @14butanediol 3 года назад +3

    Ben I love you can you please make videos on what the next bear market might look like in terms of length and potential prices??

  • @blitzio
    @blitzio 3 года назад +1

    Second video please, great content Ben thanks

  • @lujoconnor
    @lujoconnor 3 года назад +1

    I've been waiting for this!

  • @theculturebrewingchannel5619
    @theculturebrewingchannel5619 3 года назад +1

    Chainlink is a top 3 project, people think it's run is over but really it's just been taking a rest before an insane run up. There will be massive announcements from major companies, Associated Press is a teaser compared to what's coming.

  • @arminiusmustocea7534
    @arminiusmustocea7534 3 года назад +1

    Excellent job. Thanks

  • @meme64561
    @meme64561 3 года назад +1

    Thanks for the video. Could you do a fundamental analysis on QNT?

  • @peterlittle4937
    @peterlittle4937 3 года назад +4

    +1 for Fundamental Analysis vids :D

  • @franklingomez7603
    @franklingomez7603 3 года назад +1

    Love to hear fundamentals.

  • @AtomicDoorknob
    @AtomicDoorknob 3 года назад +1

    FUNdamentals is the best part of investing

  • @pikastach
    @pikastach 3 года назад +1

    always the best crypto education !

  • @ArticulateDesignASMR
    @ArticulateDesignASMR 3 года назад +4

    If Ben spent as much time unpacking his furniture as he does unpacking the data in his presentations, perhaps he'd have a full dining table and chairs set up behind him now :D

  • @nicolasplakidas9302
    @nicolasplakidas9302 3 года назад +1

    Thanx Ben for this video. A second one would be very good. But You have to convince Elon, too. At the moment all the people want to speculate with the "dog-coins" without usecase.

  • @thatsinterestinghmmm4696
    @thatsinterestinghmmm4696 3 года назад +1

    Ben, maybe talk about how the token is used in the course of business and related to the TVL

  • @Vaenomenon
    @Vaenomenon 3 года назад +1

    I don't just tune in, Ben.. I jump BACK!

  • @whocaresaboutahandle
    @whocaresaboutahandle 3 года назад +1

    Informative, thanks.

  • @laraandrews9710
    @laraandrews9710 3 года назад +1

    Always great content✔️✔️✔️

  • @lifeisfuneh
    @lifeisfuneh 3 года назад +3

    Ben, this was all interesting, but was waiting for another future NFT creation to be incorporated ( The House) :)

  • @kurtz9977
    @kurtz9977 3 года назад +4

    25:22 “…banks or 3rd parties who hold your ass..”
    Hahaha well said Ben ☺️ this is why we need decentralisation. Can’t have big banks holding our asses too much longer!

  • @Phailox
    @Phailox 3 года назад +1

    Hey Benjamin
    Great video!
    whats your thought on hbar? Hbar as u might know, uses chainlink and they are on their governing council.

  • @Todd-tz9qq
    @Todd-tz9qq 3 года назад +2

    The older I get, the more I worry about sharding, but I'm always happy when my network is de-clogged.

  • @CaptainRaav
    @CaptainRaav 3 года назад +1

    GREAT info and jokes honestly.

  • @nicholastang
    @nicholastang 3 года назад +2

    Yes please do a second videoo

  • @jak3th3rak34
    @jak3th3rak34 3 года назад +1

    Needed this one!

  • @Alindy2017
    @Alindy2017 3 года назад +1

    Thanks Ben
    Yes please for LINK Part 2

  • @ianaital5897
    @ianaital5897 3 года назад +1

    Excellent . Please consider doing the same with HBAR . Thx

  • @daanzine4342
    @daanzine4342 3 года назад +1

    amazing video

  • @jacquesbroquard
    @jacquesbroquard 3 года назад +1

    Great, stuff, thanks! Would you be able to do a portfolio breakdown? (%BTC, %ETH, %ADA, etc?)

  • @stephengoses7530
    @stephengoses7530 3 года назад +2

    Great content Ben. Would love to see a video about Cardano (ADA) fundamentals as well!

  • @Jdubski8585
    @Jdubski8585 3 года назад +1

    nice video Ben

  • @Will-bx4hm
    @Will-bx4hm 3 года назад +2

    Hi teacher Ben, I have a question. My understanding is that an ERC20 token is not a physical token like BTC or ETH, but a programmed format for smart contracts/transactions to be defined on the EVM. How can chainlink as a format for DON process realworld data off chain, or connect to other layer 1 chains as an ERC20 token? thanks in advance

    • @gfjgh5465FGHGDF5j234234
      @gfjgh5465FGHGDF5j234234 3 года назад +1

      Chainlink can bridge to other l1 chains. It's an eth token as it was launched there, and at the time it was the only option. The chainlink network itself is not a blockchain, so the tokens can be bridged over to other networks.

  • @haywoodjablome440
    @haywoodjablome440 3 года назад +1

    You know what else is "Extending in Length"?
    Huh huh.. yeah Benny boy. Mmnnn. Keep it goin..