/biz/ - Business & Finance

>>17051863
Yeah I've got the pill but....I'm going to need payment of 10 PNKys to disperse it.

Here's my address
0x37af938e6B8032954EB595b0224c805a34cB0590

the pink dont stink

Pretty sure it has to pump hard even if it’s shit

>>17051863
They have a working product that has brought over 2200 eth in revenue.
kleroscan.com

>>17052541
based. imagine if crypto gets adopted. Link and pnk will be the go to’s. Link will have the majority but there is some stuff that pnk does better. It’s all up in the air but 4m mcap for this, worth a hard eth.

I feel the concept is not fleshed out well enough, it could fail in many areas, but the idea is actually not bad, is the execution and implementation that matters. I think for the judges it won't be worth it, unless there's a system to hire real professional people for complex judging. If a large corporation uses it it may be benificial for them and investors in the token, but not probably fair for users. How this links with chain link might make it extremely valuable for node operators and smart contact developers or programmers. Will it pump? I think so, but be prepared to swing

Bought kleros, like it, but also they haven't defined who are their clients. Without that you cannot focus marketing effort and development is equally hindered.

>>17051863
It’s fantastic. Today alone I closed 7 double homicide cases and 2 cases of theft. Made about $90,000.

>>17052772
kek

>>17052772
kek'd
>>17051863
>Who has the pill for this shitcoin?
The Pink Pill is that buying Kleros is essentially a high leverage ETH play, but with minimal downside risk. If ETH succeeds then Kleros will almost certainly increase too exponentially more.

>>17051863
Cured my cancer bro and my shit skin, now I'm a pure Aryan

>>17052652
>is the execution and implementation that matters.
True. Did you read this? https://ipfs.kleros.io/ipfs/QmZeV32S2VoyUnqJsRRCh75F1fP2AeomVq2Ury2fTt9V4z/Dispute-Resolution-Kleros.pdf
Particularly the parts about cryptoeconomics, game theory, and incentives? They have gone into a lot of depth describing the execution and implementation, and why they made particular design decisions.
>I think for the judges it won't be worth it, unless there's a system to hire real professional people for complex judging.
This is in the works. For the translation use case for example, you will need to verify your proficiency in the given languages.
>>17052759
Use case development is still ongoing but that does not appear to be holding back development. Remember the initial product is already live.
https://blog.kleros.io/french-bank-grants-subsidy-to-kleros/
https://blog.kleros.io/kleros-layer-2/

>>17054060
if it's a product for academics sounds alright. It doesn't as a biz pitch or to a consumer.

Needs work in the product itself. The court dapp is clunky. Maybe a partnership. Defining clients better, more demos.

>>17054060
No I'm a litigator and can tell you this model does not work. The model is so prone to client/juror loss of funds that there will be an eventual investigation and shut down not to mention private class action suits brought against anyone remotely related to PNK. It will be a scandal and badly damage eth's reputation (for a short period).

>>17054311
>No I'm a litigator and can tell you this model does not work.
Sure you are. Without elaboration this just looks like larping.
>The model is so prone to client/juror loss of funds that there will be an eventual investigation and shut down not to mention private class action suits brought against anyone remotely related to PNK
Outline an example scenario where clients/jurors lose funds, and Kleros is liable.

>>17054340
>No I'm a litigator and can tell you this model does not work.
Sure you are. Without elaboration this just looks like larping.<your motion to dismiss>
<my opposition to your motion>
eat dog shit w/oral argument requested before judge
>you can write reply to my opp
>but then I'll just request a sur-reply to your reply from the judge
because you'll be eating dog shit

>The model is so prone to client/juror loss of funds that there will be an eventual investigation and shut down not to mention private class action suits brought against anyone remotely related to PNK
Outline an example scenario where clients/jurors lose funds,
>res ipsa loquitor read the white paper

and Kleros is liable.
>interpol

>>17054392
Good arguments. Your intelligence and well-reasoned response has convinced me this must be a scam.
This is the worst attempt at a post biz has ever seen. You need to go back.

>>17052541
>Bagholders use product
>Adoption!

>>17054428
Congratulations you win. I appeal. Juror funds locked up. (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth). (You) the winning party must now deposit additional juror fee (eth). You win again. I disagree and I appeal. (You) the winning party must now deposit additional juror fee (eth).

>>17054544
somebody give this man an award. He figured it out. Thanks anon!

>>17054544

HOLY FUCK PNK BLASTED THE FUCK OFF THE CHARTS SELL WHILE U CAN

>>17054544
Only the appealing party has to deposit a fee.

>>17054544
Each appeal also costs more than the last, so have funny giving away free money to jurors.

>>17055065
>>17055072
Forget it anon. These guys missed the boat.

>>17055065
Wrong.

Arbitration Fees 4.4 in the white paper at paragraph 4.

"In appeals both parties have to deposit the [additional] arbitration fees."

>>17054311

bought 50000 pnk @ 7k gwei because biz shilled it and now its worth 6.3k gwei

wtf biz wheres the fucking pump? did i get scammed again?

>>17056327
yes, scam, sell.

>>17056139
That's an example of a rule that they gave in the white paper to show how arbitration fees for appeals could work.

Under that rule you still end up losing money by filing frivolous appeals without a good case. The person filing the appeal has to put up an extra stake proportional to the juror fees to compensate the opposing party if the appeal is unsuccessful.

The cost to appeal increases exponentially with each round so you can only really play this game a few times before it becomes too expensive.

>>17056327
No
It will probably 50x

Protection of your data is most important task in today's ife, in future, there will be requirement of decentralised internet in future which would be secure , maintain privacy & restriction free, one of the firm working on this technology is Tachyon protocol which is powered by Vsystem & X-vpn.

>>17056302
I unironically almost sued Columbia university. No I was not impressed with their in house legal team either.

So....... who enforces the payout?

>>17056450
Facts don't matter to these people. He is either actively fudding to accumulate or can't read a whitepaper. He's been btfo already in the thread and didn't learn anything then either.
>>17056522
Larp harder, maybe you'll write something interesting

>>17056542
A smart contract. Once the vote is completed the contract pays out automatically.

>>17056558
retards will fud but wont take 20 min to read the blog.

>>17056577
Why would someone lock their money in a blockchain for days or weeks before the job is done? It makes no sense

>>17056618
>what is a deposit

>>17056613
Vitalik:

"Just use OMG"

>>17054544
- There is a max of 7 appeal rounds.
- Costs for the winning party are always way lower compared to the losing party.
- Appeal rounds can be crowdfunded. If outsiders agree with the winning/losing party they can double their money by (partially) funding the costs for that party.

But you know Kleros is definitely a scam

>>17055072
>>17056450
>>17056558
>>17056613
Its not like you can't program a bot to find uncapped appeal rule set contracts and offer a litigation funding lock api to any arbitration litigating client in exchange for a 50% cut of final reward plus admin fee.
>You will all be money skinnyed
> Vity best stay be attorney generals are gonna love this project
Kleriods are a contagion and a threat to ETH and more importantly trust in the decentralized Oracle space. If causes a market shakeup I will buy more LINK

>>17056829
>Its not like you can't program a bot to find uncapped appeal rule set contracts and offer a litigation funding lock api to any arbitration litigating client in exchange for a 50% cut of final reward plus admin fee.
If I understood that woefully-constructed sentence correctly, you are saying someone could offer to bankroll an appeal if they believe the losing party has a high chance of winning the appeal?
By that logic, you are saying that the system will ultimately lead to the right decision being reached, and that all parties involved in pushing for that decision will be rewarded financially...
You started off trying to fud, and just proved that the idea actually works as intended. Was that your goal?

>>17054130
Where is this from?

>>17051863
All you need to know is that Kleros was shilled by a few old heads (me included) for months, and the general pajeet-land that is /biz/ did nothing but make fun of the volume. People even said the sale would raise less than $50,000.

A cool million in 2 weeks. Kleros is the best 100x potential of all ETH ecosystem hand holders. It's also one of the best shovels.

Buy it or simply stay poor.

>>17056905
It's an aggregate of trading signals on tradingview. PNK is a good buy but don't rely on shit like this. Read about projects and make your own decisions on where to place your investments.

>>17056896
No not exactly. But I can see your thinking is very small. That's why you're a kleriod. It's okay though there's a cure you just don't get PNK eyed.
>it's all fun and games until the state actor litigation pool spams foreign state contracts.
Do you know what time it is? It's time to stress test your citizens!
This project either goes nowhere or becomes a threat to eth.
>I might actually buy ETC now

>>17057051
>But I can see your thinking is very small.
No need to be so belittling.

If you have something smart to say, say it or just shut up anon.

>>17057103
>But I can see your thinking is very small.
No need to be so belittling.

At least you made an unintentional word play pun on yourself. I hope you have a good day Sir

>>17057051
>No not exactly. But I can see your thinking is very small
You started by claiming to be a litigator but it is clear from your writing you are larping. Every time you attempt to make an argument you get immediately btfo with evidence and logic. Nobody with such poor debating skills would make it as a litigator.
>Do you know what time it is?
Time for you to acknowledge your weak attempts failed, so you should just bite the bullet and buy the PNK bag that deep down you know you want. It's only slightly above the ICO price so you won't lose out too much.

>>17056928
eth shovel meme is not a meme.

>>17052392
>the pink dont stink
>>17052461
>Pretty sure it has to pump hard even if it’s shit
>>17052541
>They have a working product that has brought over 2200 eth in revenue.
kleroscan.com

>>17056896
It is just one of these idiots that know "eveyrthing"

>>17056618
>implying you can't withdraw from the contract

>>17058707
>>>17052392
>>the pink dont stink
>>>17052461
>>Pretty sure it has to pump hard even if it’s shit
>>>17052541
>>They have a working product that has brought over 2200 eth in revenue.
>>17058641
>>17052392
>the pink dont stink
>>17052461
>Pretty sure it has to pump hard even if it’s shit
>>17052541
>They have a working product that has brought over 2200 eth in revenue.