/biz/ - Business & Finance

>>17283751
desu, read the Disputes Revolution book, DYOR if you rly have that much money. I'm a balkanfag and can only afford 22K atm and I would sleep like a baby if I had 100K

here I linkes it for you:

https://ipfs.kleros.io/ipfs/QmZeV32S2VoyUnqJsRRCh75F1fP2AeomVq2Ury2fTt9V4z/Dispute-Resolution-Kleros.pdf

>>17283802
all that tech stuff is mumbo jumbo to me.

when i read about PNK on a surface level, it says its a court system. A fucking court system to judge trials. What the hell does that have to do with money? Why is PNK needed in this world like LINK?

>>17283751
Holy shit that's a 93 million stack in 1-2 years

>>17283878
You stake your coin to be a juror and you're paid to resolve disputes. If you lose or fud the decisions you'll lose your pnk. But nobody is forcing you, you can just buy the token and hodl.

>>17283942
that's the dumbest shitoin idea I've heard this year hahahaha

>>17283878
I dunno faggot, you're the one who has 500000K ffs goddamn it fuck this shit just imagine would it could be used for, dispute resolutions, customer support, know your customer verification, insurance
how bout you send me some ETH and I will explain everything, how about that, since I am poorer then you

>>17283942
>paid to resolve disputes
why is this needed at all? why not an actual court system?

>>17283878
here, from the book:

PNK is a protection against sybil attacks35. In order for an attacker to flood the
juror pool, it would need to buy enough PNK so that it is selected enough times to be a juror for the
same case in order to change the outcome. Generally, this means that the attacker would need more
than 51% of the total staked tokens in the court under attack.
In rare circumstances, an attacker may get lucky and be selected for two of three juror spots with
only a minority of the PNK. However, in order to maintain the attack through the appeal process, it
would need to be selected for the majority of the juror spots on larger and larger juries. This will only
be possible if the attacker actually has a majority of the PNK that is staked. Hence, substantial
economic resources are required to perform a 51% attack.

>>17283975
it doesn't matter if its a good idea or not. over 90% of crypto is useless shit but if number goes up you make money.

Sell that trash OP,
I literally bought PNK today after seeing the prophecy.

>>17284047

Ebay and Amazon alone have millions of customer disputes a year.
Kleros would be the third party taking care of it for corporations, presumably cheaper and likely better in every way than the Pajeets that corporations employ to take care of it now.

>>17284047
Have you ever been to court anon? do you know how complex and expensive the judicial system is? Think about it.

Let me be clear. Anyone who doesn't see the value in quick and cheap adjudication and dispute resolution is a fucking retard. Someone can say that Kleros doesn't solve it and argue from that angle, but to say that dispute resolution is not a huge problem that needs solving is just being dishonest.

>>17284115
why do you need kleros to vote on something?
>>17284070
protect what from sybil attacks? Ethereum?

>>17284134
This. I can make 50k in 3 months, do I have time to become a PNK millionaire?

>>17284141
the jury voting process, bribing etc

>>17284115
you dont know how big corporates work, do you

i dont think im convinced enough. afucking voting system with crypto? guess ill be holding XRP

>>17284115
what makes a decision binding though?

>>17284171
people are just going to sell their vote...imagine a website, you upload ur case details, then if a juror gets picked, they can sell you their vote. payouts using smartcontract at case resolution.

>>17284245
anon, it's complicated for me to explain everything now, forget about words like "courts" judges" & "jury", these are just memewords; you have so much money as opposed to other people here that you can easily just buy a 50k stack and forget about it.
Sorry for the seething

>>17284264
>>17284303
dispute goes to appeal, you lose all the money that you used as a bribe and your tokensare gone, you are declared a lying cheat and are banned gg

>>17284341
make s m pe pe hrd

Just buy a million of it which is like 20k and fuck off you absolute moron. Who the fuck puts 1.5 mill in xrp, even if you think it will be adopted that’s retarded.

>>17285296
>>17285296
Well if this was just a retracement and the market gets bullish again then xrp will definitely be .50 before EOM so not just gotta be patient

The smartest play is to fomo in at the top. If you can't detect my sarcasm then you deserve to be poor. INB4 massive correction

>>17283751
I'll just leave this here for you. You have till march 2nd.

>>17283751
Honestly, I'm very bullish on PNK. The team is excellent, they have a working product, and the need they meet (cheap, fast and accessible arbitration) is massive but inadequately served by traditional means. But I still wouldn't put half a million dollars in any small cap shitcoin unless I had a networth of at least $20 million. And since you missed the token sale, you won't be able to buy nearly that much without causing a mini moon.
If I were you , I would spend some time reading their whitepaper or at least their blog and then put in no more than $50 thousand. The main issue for you is that with so much invested, the opportunity cost may be significant. Any significant drop in value from here is very unlikely, but it's entirely possible that the project could fly under the radar for another six months.

>>17286115
Even 50k will cause a mini moon, the books aren’t that big

>>17283751
GO ALL IN LINK HOW MANY TIMES DO WE HAVE TO TELL YOU BUY LINK

>>17285857
Can you post this in an actual readable res

>>17286115
Read the whitepaper. Never bought before. How do I buy PNK?

ALL IN TO VID-T

>>17286428
Uniswap with a MetaMask wallet is the cheapest way atm.

I read this page
https://blog.kleros.io/kleros-token-sale-announcement-january-11-2020/
I get that I need ETH to get PNK but where do I make the exchange at?

>>17283751
>PNK
kleros has a 24 hour volume of less than 80k
you cant even buy that shit lol

>>17286428
Put some Ether in metamask and buy from uniswap. You can store it on metamask or any ERC-20 compatible wallet, but I use MEW.

>>17285857
high res please dickhead

>>17286540
Thanks

>>17283751
This is all you need to see. Confirmed PNK going to the moon gg.

>>17286551
>I get that I need ETH to get PNK but where do I make the exchange at?
excluding washtrading its more like 20k
sorry op you cant

>>17286550
Send eth to metamask, then use uniswap to swap it to PNK. Easy

Yes please dump your XRP quick. It will 10x right after, so hurry up

>>17286551
>Uses Coinmarketcap with lacking market info
Not going to make it. Volume is between 300-400k.

>>17286564
Thanks lads

OOOOOOO MY PINKIESSSSS

I barely come to /biz/ anymore but this was the first thread I saw. Googled 'klerosbread' and got the high res file. It's going to be hilarious if I get rich off of this.

>>17284392
here you go sir, looked like you forgot to keep an eye on your stack

>>17283751
put 100k in PNK if you really want to since you have that much money but don't go all in or you're gonna kill yourself

>>17283751
>>17288320
PS : this look like a big shitcoin even if vitalik is shilling it