/biz/ - Business & Finance

The team is all tech and very little marketing, therefore its gunna be stable growth over many years rather than short pump and dumps. This is the way

our iron hands will rewarded, all it takes is another case to reach popularity

Just keep accumulating anon. When it moons you're going to be kicking yourself for not buying more anyway.

>>24540146
What do you mean?

Suicide stack?

>>24540908
50k

>>24540908
>>24540949
That really doesn't make sense when you're talking about PNK, or LINK for that matter. The make it stack for PNK should be tied in some way to staking it on cases, ie, how many you need to utterly dominate some obscure court in 2030 such that your vote decides which side wins or loses and you never lose your PNK to voting wrong on a case. LINK should be tied to the amount necessary to operate your own node/oracle 100%.

For both tokens you should just be accumulating as much as you can every time you get paid.

>implying any anon on biz has the knowledge to be a juror on cases that have good returns
>implying any anon on biz is going to get the opportunity to be a juror on cases that he is knowledgeable about i.e nothing
i feel sorry for you guys

>>24541524
I have experience as a JAP-ENG translator, I think there's a court for that.

>>24541597
how many people on biz do you think learned to speak gook? probably more than any other language, you're going to be staking your tokens to get onto cases that everyone else is trying to get into, while the actual smart people make money

>>24541663
I'm planning to be a juror on the french-eng translation court

>>24541663
Even /a/ has very very few posters good enough to translate. I'm expecting the court to be short on jurors until PNK has widespread adoption, at least in internet communities, at which point it'll be flooded with tons of weebs and people who took one year back in college or high school. Then after a year or two of that I expect smart contracts to take off for translation groups to replace patreon/subscribestar once the copyright holders realize that they can go after TL groups' funding, not just where the material gets posted.

>>24540908
10k

>>24539968
This is the way

>>24541255

The fact that you can “dominate” court cases should show you the product is flawed

>>24543044
It's actually false, it's built in that the same adresses won't be picked if they are picked too often. Besides, if you vote against other jurors, you lose credibility (probability to be picked again) and pnk, there's no incentive to do it.

By the way, the jurors are anonymous, good luck bribing someone on your eBay dispute if you don't even know who the jurors are.

>>24539899
kleros is good kleros is great i surrender my will as of this date

>>24539968
This is the way

What is a good system for you? And what can make the token price growing? Seems like I should tell you smth about RBC

> ROI has reached more than 400% for a month


The team will add the instant trades services very soon, so I advise you to use before the huge pump!

Tfw only up 161% this month

>next
>link
kek
>Be edgy internet troll
>run around dozens of communities telling them pnk is the next LINK
>dozens upon dozens of get rich quick jeets fall for it
>dump it

>>24539899
>3months complaining
I’ve been holding since February, who cares. Buy accumulate and hodl. If you sell this for less than $1 you’re unironically mentally handicapped

>>24543548
Did they already implement that? From reading the book my understanding is that it's possible for more than one of your pinakion to get selected at random for the same court case and you wind up with multiple votes. They handwaved it away but it's theoretically possible for a whale to stake some ridiculous amount of PNK in a shallow court and wind up getting multiple votes. With three jurors picked, if you get two votes, you are the majority. With 7 jurors, if you get 2 or 3 votes, basically whichever side you go with is vastly more likely to win even if you pick at random. Of course, you're still incentivized to vote honestly, but even so you're still maximizing your odds of voting "correctly" and accumulating jurors fees (because now for the effort of judging one case, you're getting paid 2 or 3 times the juror fees).

>>24539968

>>24539899
I bought a few million PNK earlier on. I didn’t really believe in this product until a few weeks ago. I got cycled as a juror once a few months ago, but lately I’m getting calls here once a week to sit on some cases. I actually really like it a lot, it’s like fiver of the courts. But we get some good cases

>>24540908
>>24540949
>>24542420
It's 250k you stupid, late poorfags.

>>24539968
This is the way.

>>24539968
All their products so far have been laughably useless. They are trying to demonstrate functions way too early, and the only thing holding them back is the lack of interest in DeFi. Curate is arguably useful at this point but Linguo should have been released a year from now.

>>24544959
The real takeoff is going to be when they take over small claims for a small real world jurisdiction. But there's also going to be a huge takeoff when it starts getting incorporated into real world ADR and arbitration agreements. There only thing holding the project back is the inability to screen jurors by what judicial system they're a citizen of. If there was a way to restrict jurors to individual states or regions (like a county in the US), it could basically wipe out the backlogs of most justice systems, all you need at that point is a judge to rubber stamp the rulings once they're made and make them state official.

>>24546702
>If there was a way to restrict jurors to individual states or regions (like a county in the US), it could basically wipe out the backlogs of most justice systems, all you need at that point is a judge to rubber stamp the rulings once they're made and make them state official.
I'm not an (American) lawyer, is that needed in USA? Where I live parties to a dispute can simply agree to use arbitration, and the method of arbitration is also something they can decide upon by consent. If they really wanted they could agree to settle by coin toss. Is there some law in USA that prevents the parties from deciding the kind of ADR that will be used to settle disputes?

>>24544684
they admit that fringe cases like you described will happen, but that is also why there is an appeal process

>>24546884
I don't think it's required, but it'd be a lot easier for courts to get on board if there's no question that everyone involved is within the same jurisdiction. Like for a small claims court in Oregon, if they can settle the case with entirely oregonians on the kleros court, there's no room for appeal on that ground and the judge can basically just rubber stamp it.

For arbitration, yeah it doesn't really matter until someone tries to file a lawsuit that the arbitration itself didn't follow state law, which is going to vary state by state. So that would have to be a consideration of the initial smart contract that triggers kleros court proceedings.

I think the easiest way to do it from any given real world court's perspective is to set up a custom Kleros court for whatever it is, like small claims, and then implement a rule restricting jurors to be from that court's jurisdiction. There would probably also need to be some form of identification of the jurors after the fact for court records of who actually made the ruling for accountability purposes.

>>24546702
>>24546884
>>24547707
I think you might have it backwards.
State level jurisdiction and variance in laws between areas wouldn't really matter because Kleros courts wouldn't be for that type of legal dispute. If the disagreement comes down to whether something in the original contract itself somehow violated the law of whatever state/country/etc iits adjudicated in then the contract would be null and void to begin with. At that point you are getting into areas of law that require the determination of actual lawyers and judges and would be way outside the scope of Kleros courts and jurors.

So with that said, I don't see differences in local laws necessarily being an obstacle for Kleros courts or jurors to rule effectively on because for arbitration cases you are not arguing about whether one party or another has adhered to the law of whatever state/country you are in - you are arguing about whether one party or another has adhered to the "law" of the particular contract being disputed, which is spelled out within the contract itself. Where it is taking place and where the jurors hail from doesn't necessarily matter so long as those jurors can adequately understand the terms/deliverables of the contract being disputed.

For these sorts of cases, think of the original contract itself as being the state/region/jurisdiction whose laws are being enforced and or interpreted.

>>24548308
>because Kleros courts wouldn't be for that type of legal dispute.
I think if Kleros could be used for that type of legal dispute, it would drive massive amounts of traffic to the platform and would be a huge boon. Right now small claims court is basically exactly what Kleros is for: people who violated a legal contract for small amounts of money/property. Having a real life judge sign off on the final Kleros court ruling just insures that the Kleros result is recognized in real world courts.

I agree with you for arbitration, but I'm not familiar enough with arbitration law to say that you could just throw arbitration cases onto the Kleros platform as is. My understanding is that a lot of arbitration is decided by a single arbitrator who just makes the call based on preponderance of evidence, but I don't know how they get certified and how it interfaces with the civil justice system to say that Kleros could just step in and replace that arbitrator.

So I guess what I'm ultimately saying is that there needs to be some partnership building between the Kleros devs and actual real world justice systems to start picking up some of their slack.