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>> No.11946277 [View]
File: 621 KB, 1080x1791, IMG_20181128_111721.png [View same] [iqdb] [saucenao] [google]
11946277

Reminder.

How Chainlink solves the Oracle risks that are presented in LabCFTC primer on Smart Contracts.

https://www.cftc.gov/sites/default/files/2018-11/LabCFTC_PrimerSmartContracts112718.pdf

Let's think about this step by step.

>Oracle failure, disruption, or other issues with the external sources
Use multiple nodes with multiple data source

>An attacker may compromise the oracle
Again, decentralization solves this

>Oracles may accept or distribute unexpected information
Again decentralized oracles solve this

>Oracles may be subject to manipulation or themselves fraudulent, resulting in unexpected, fraudulent outcomes
This is where the penalty/reward system comes in

>>11946193
Yeah, Link is standart. CFTC is clearly been in touch with Sergey.

>> No.11932084 [View]
File: 621 KB, 1080x1791, IMG_20181128_111721.png [View same] [iqdb] [saucenao] [google]
11932084

How Chainlink solves the Oracle risks that are presented in LabCFTC primer on Smart Contracts.

https://www.cftc.gov/sites/default/files/2018-11/LabCFTC_PrimerSmartContracts112718.pdf

Let's think about this step by step.

>Oracle failure, disruption, or other issues with the external sources
Use multiple nodes with multiple data source

>An attacker may compromise the oracle
Again, decentralization solves this

>Oracles may accept or distribute unexpected information
Again decentralized oracles solve this

>Oracles may be subject to manipulation or themselves fraudulent, resulting in unexpected, fraudulent outcomes
This is where the penalty/reward system comes in

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