VERY soon, the crypto space will change forever.

For anyone who read my last post on ETH, you may have noticed i hold equal amounts ETH and LINK. and I did receive some questions about it. For us LINK bulls, we have been waiting a long time for Chainlink to finally complete the infinity gauntlet and snap its fingers. Well, that time might finally be here.

On the 28th of May, Arbitrum is launching it's mainnet. A lot of people on here have no clue what that means, and that's perfectly fine, but you should know the potential outcome of this and what Arbitrum means for the space.

Arbitrum is (another) scaling solution for Ethereum. Same premise as the others, the transactions happen somewhere other than the ETH chain to bypass gas when possible, to one degree or another.

What makes Arbitrum different from the others, is that it enables ETH transactions to be recorded completely off-chain. This is accomplished by using Chainlink DONs (decentralized oracle networks) that act as ETH validators. Arbitrum will make transacting on Ethereum lightning fast, and cheap. It will allow for smart contracts to make off chain computations efficiently, and it will also allow enterprises to choose their validators. Yep, you heard that right. It does all this whilst maintaining privacy on both ends, as well as a whole boatload of shit I wont even get into. TL;DR: it's a certified game changer.

But what does this mean for Ethereum? Well, I'm not sure to be honest. But I do know one thing: if Chainlink DONs are filling in for ETH nodes in this system, then smart contract gas will be paid for in LINK, not ETH. Yes, you heard that right too. Only once the txns are grouped and recorded on ETH will anyone be paying any ETH gas. If Arbitrum can do what they say it can do, it will render ETH to the development/settlement layer, and LINK will capture a large portion of the value that goes through smart contracts, if not all of it. This isnt me being a biased LINK hodler (which I am, btw), this will come to pass if Arbitrum is successful.

Dons tinfoil hat This is why Vitalik wants UNI to replace LINK, because Chainlink along with Arbitrum are coming directly for a large portion of the value of the ETH coin. ETH will be staked, it will be needed to develop apps, it will be needed to log txns on the chain. But gas, the commodity aspect of Ether, will actually be replaced by LINK I repeat, LINK may replace ETH for gas. Dont act fuckin shocked when it happens either, I warned you.

So what's the gameplan? We need LINK. Lots of LINK. Just because mainnet launches the 28th does not mean we will see any price action. LINK's price is pretty directly proportional to its network usage, so if all goes well expect it to steadily rise, not shoot up overnight. I'm going to be accumulating as much as possible under 100. Check on chain metrics. Usage is up, the amount on exchanges is getting lower each day. The top wallets have basically never sold. Not to mention that Chainlink literally is DeFi. Without it, none of this would be working anyway. Not securely, at least.

TL;DR: Chainlink=Thanos Arbitrum= last infinity stone

Arbitrum when? May 28th

See you on the other side.

Edit: I'm aware this is controversial as fuck and also probably the first people are hearing of this. For those in the know, feel free to correct me where wrong.