Ethereum, Chainlink Frogs and Sacred Social Contracts

Crypto Communities and their Unique Sub Cultures

Ethereum and Chainlink are the clear leaders in their respective categories and are often considered a match made in heaven. While these blooming communities have had their ups and downs, all should take notice at the amazing work being done towards building a .

Ethereum is a piece of with a focused on changing the world. While the value the world receives from Ethereum , it still requires secure inputs and outputs — known as — in order to make its even more valuable to the real world.

Chainlink has taken the crypto industry by storm by achieving many industry firsts. They were the first to , the first to and even birthed the world’s first Meme Frog Army — known as “.” These adamant marines , spread positive news about Chainlink and sit comfy as they . It is important to note that the primary presence of the LINK Marines is on , which is prone to . While some may try to denounce the LINK Marines, one cannot dismiss the Chainlink , marketing and go to market strategy which is truly unrivaled — with the exception of , .

The Sacred Social Contracts

Exploring the truths of Community, Governance and Centralization.

Social Contracts have been around since the beginning of civilization and even .

Social Contract defined:

“an actual or hypothetical agreement between communities and their rulers.”

For the purposes of these particular Social Contracts, one must understand the different parties involved:

  1. The LINK token,

Sacred Social Contract #1: LINK Value Capture

  • The LINK token will be used for all payments within The Chainlink Protocol, avoiding the plague of .
  • The LINK token will be used as trustless value stake within The Chainlink Protocol, subject to slashing for misconduct.

Sacred Social Contract #2: Community Support and Fixed Supply

Killer Communities

They build, they battle and they provide the dankest memes

The power of a community can never be ignored, as can be seen by what the Ethereum community has achieved over since its .

While many claimed that Ethereum would be overcome by the daunting “me too” , there has been delivered by any competing public blockchain. The that Ethereum has created are so far unmatched.

In the coming years, we may see the rise of those claiming to be “Chainlink Killers” as the decentralized oracle battleground heats up. Chainlink has also amassed that any competitor will have to overcome before claiming superiority. If such a battle does arise, I can guarantee that all competing communities will feel the wrath of the LINK Marines as they will be armed with not only their , but the Sacred Social Contract of LINK Value Capture engraved into their chest plate.

About the Author

Anthony Bertolino is dedicated to educating the world about Ethereum and the future of finance. He studied Blockchain Technology at U.C. Berkeley and currently lives in Los Angeles, California. If you want to learn more or have any questions, reach out to him on .

Educating people about blockchain technology, crypto assets and the future of finance.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store