/biz/ - Business & Finance

>>30002689
Maybe we are running into a problem with English. Are you a native speaker? Pseudo means not real, so saying RH isn't a pseudo exchange because they aren't an exchange doesn't actually make sense. And yes, they will create a DERIVATIVE lmao idk how else to explain that to you other than telling you to google what that is. The whole point of derivatives is allowing buys and sells to take place based on the price of something without actually having to buy or sell that actual something lmao

You're all missing the point of why this was created. It is ultimately to support Derivative trading.
The "Gaming" area is a SIDE BENEFIT of what this will be used for. This was ultimately needed for the rest of the Chainlink components.
Mixicles will not work without provable randomness, it simply won't pass auditing.
"the key observations in Mixicles are that tumblers can be triggered by oracle inputs, rather than randomized, and that they can be made compatible with auditing and regulation"

Mixicles provides privacy to things like binary options by obfuscating the payer, payee and the transaction amount by utilising something called payment slates. The transaction addresses are randomised as is the partial payment amount in each payment slate, The more transactions that occur the more secure as it's a nightmare to try to pick any data out by referencing randomised addresses and variable payment amounts.
This all needs to be auditable by regulators which is why you need signed provable randomness.
This has brought Mixicles a big step closer to completion.
It's also needed for ZK-Snarks to generate the initial setup. Just google zk-snarks and derivatives and you'll see why it's needed.

Lastly this is great for reputable oracles. They aren't just an oracle, but a mixicle (handling pay moves) and a generator of randomness that will be used in a ton of different systems.

>>16891001

>>15931310
Don't let the jews mess with your mind anon. Zoom out and see we are looking well. Here is a bit of hopium for you.