/biz/ - Business & Finance

>>20908779
probably the people who made it or w/e

Nahhhhhh

“Hey guys lets be a jury durrrrr”

Yes sir. Still holding a 50k stack

>>20908779
Yes

>>20908779
yes

>>20908779
Kek does

Here's a fun exercise. Find someone who knows nothing about smart contracts, explain them, and see how long it takes them to ask what happens when there's a disagreement.

We need a dispute resolution process and there's really no alternative for Kleros as it stands. It's an easy 20x from here long term.

Yep

+164% this month, it’s over tear it all down boys.

>>20909471
>imagine being this deluded

>>20908779
It will be $2 next year cap this. Then $4 2022.

>>20909067
>doesn’t understand subjectivity
>thinks it’s for courts of law
Kek. KYS dumbass

>>20908779
I do, I have 15k, a very small stack. I really do like it. I'm slowly reading my way through the white paper. It seems like it would compliment chainlink well. Cant wait to sink my Trumpbux into it.

>>20910021
KEK

yes

>>20909471
This. It’s essential.
Holding 100k.

>>20909471
>Find someone who knows nothing about smart contracts, explain them, and see how long it takes them to ask what happens when there's a disagreement.
This is the most important part. In practice, everything will tend to be more efficient to judge with algorithms than humans over the long term and anything that is not there yet is better off being decided by traditional means rather than a blockchain meme court. But the normie appeal of the concept is undeniable. If there is a golden bull run soon Kleros would be the Dragonchain of the cycle.

>>20908779
>oh hi anon uwu you are still holding right?
>the quarantine isn't over yet I can't wait to see you just make sure you have an entry bag

It's 100k btw

>>20910228
Are you done reading now? It's 17 pages long and pretty self explanatory.

What happens after a ruling on a case?
The courts have no ability to enforce any verdicts they make.

>We the Kleros courts have decided that you were supposed to make a video that was 1:00 long, but yours was 1:02 long. Now give the other person their money back! For we have ruled!
>No.
>shieeet

Shits retarded. Sold all of mine this week.

>>20908779

I recently picked up a 10k stack of PNK because I thought the idea of Kleros court was neat. Is this coin going anywhere?

>>20911327
>In crypto
>Doesn't know what a smart contract is
Must be a cardano holder

>>20911301
I've read the first 10 pages. I keep having to restart it because I'm a brainlet when it comes to crypto. I'm also reading a paper called Cryptocurrancy based Law. Found it on google scholar. It seems like it's getting to some of the problems that link and PNK solve. Im trying to understand why people in pnk shit on link and vice versa?

>>20911434
Explain to me why I would be compelled to do anything because a bunch of nerds on some faggy internet court voted I should.

>>20911327
it's actually more easily enforceable here than even in meatspace. All transacted funds are held in escrow for the agreed upon period the contract states.

Kleros acts as the resolution layer, the binding arbitrating party dictated by the contract agreed upon. Traditional contracts work exactly this way, it's a no-brainer that you'd need a binding fallback mechanism anytime that automation goes wrong. As a necessary part of the smart contract stack, it's widely applicable and modular. If Kleros fulfills this role, it's going to be magnitudes higher than it is today.

>>20911484
It's automatic and held in escrow smooth brain

Yes. top 100 holder
t. 8c club chad

>>20911649
0.8C FUCK I WAS ABOUT TO LOOK SO COOL

>>20911484
you don't have a choice. If you participated in a contract that dictates Kleros as the resolving mechanism, your funds are in the control of Kleros. Why would contracts use Kleros? International arbitration, small-hanging fruit (trad legal is simply too expensive / long for it to be worthwhile) DAO disputes, TCRs, etc. Kleros is just a modern adaptation of sortition in ancient Greece, with financial incentives and global accessibility.

>>20911672
>>20911639
>>20911587
No one is gonna use this shit lol.

>>20911729
Idk, Peter Hunn seems like he wants to use it for Clause. Sad! Many such cases!

you newfags think every day the catalog is supposed to be spammed full of whatever shit youre in. no by the time biz is spamming threads youre already late shut up

>>20911477
No one shits on LINK.

>>20911477
anyone with a brain realize both data and arbitration are necessary components of the smart contract stack. Most likely own both and meme

>>20908779
This is such a stupid token. What if either party is entitled to some of the money?

>>20911477
Smart money holds both. Subjective and objective oracles go hand in hand. PNK is the natural counterpart to LINK

>>20912637
Smart money knows PNK will greatly out perform LINK

>>20908779
No, sir, we're just hitting a new ATH in price and volume every week. Nobody cares. The December FUD of only selling $50k in the sub 1 cent sale were all true. It's over.

>>20913157
I hope my son looks like this

>>20908779
No

>>20914095
ngmi

Can we use Kleros to make 0xBitcoin devs pay back investors after the dump from 5usd to .10usd? They just fucked off and abandoned everyone in 2018.