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13812219 No.13812219 [Reply] [Original]

>decentralised Oracles

people actually believe this shit?

>> No.13812246
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13812246

pic related: OP

>> No.13812252
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13812252

>>13812246
kek

>> No.13812257
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13812257

>>13812246
You know after mainnet this shit is going to dump back to 30 cents right?

>> No.13812276

>>13812219
Oracles were always meant to be decentralized by design.
They work by reaching consensus off-chain, and you can only do that if there are at least two independent actors.

A centralized oracle is to a decentralized oracle like a database is to a blockchain.

>> No.13812287
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13812287

I’m onto you OP.

>> No.13812288

>>13812257
go watch cartoons bucko you manchild retard, as if I'd value the opinion of some subhuman neet parasite

>> No.13812409

>>13812257

Maybe less.

OP - no, no one seriously believes it, but then that doesn't make it worse than any other shitcoin.

LINK is vapourware solving a problem that never even existed, it's essentially a one-man meme team like XVG or something.

After mainnet it will dump by 80% minimum, that's how the market works.

deluded LINKies will defend their decision to hodl instead of dump here while it's nearly top fucking 20 CMC.

>> No.13812651

>Decentralised oracles
Oracles are an input, decentralised input is just majority consensus of input data over a period of time. This is easily doable in a smart contract, no need for a new coin.

>> No.13812671

>>13812219
>>13812257
BASED

>> No.13812705

I never understood why we need decentralized input data so I never bother to buy chainlink.
I mean data is generated on a centralized way wtf.

>> No.13812726
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13812726

>>13812219
> Who makes up this nonsense???

>> No.13812737

>>13812409
Sup creg

>> No.13812747

who tf wants a decentralized oracle
if I'm running a business I want reputable information not some neet plugging in garbage and losing me time and money

>> No.13813104

>>13812705
>>13812651
wrong

>> No.13813114

>>13813104
What's wrong?
You linkie zoomers can't even make a valid argument huh

>> No.13813119

>>13813114
>pls talk to me

>> No.13813459

>>13813104
wrong

>> No.13813475

>>13813459
Wrong

>> No.13813476

>>13813459
Well you were right about it "being doable with a smart contract", but a new coin is indeed a very good idea.

>> No.13813603

>>13813476
I was right about my entire statement, unless we disagree on what an Oracle is. What do you think an Oracle is? An oracle is as I stated above, a way to input information into a blockchain from an outside source (Outside source is irrelevant to the nature of an Oracle). It's just an input, a decentralised oracle can only work by taking multiple inputs over a period of time and taking the consensus. Unless you have "Trusted" input entities then who makes them the trusted entity, this opens a whole new discussion, but that's not what this topic is about.

A new coin is not a good idea, it weakens the network by needing to build a new security network from scratch. It would be smarter security wise to make it a token on a more established network.

>> No.13813621

>>13813603
>a decentralised oracle can only work by taking multiple inputs over a period of time
You have no idea what an oracle is.

>> No.13813627

>>13812219
i personally don't believe in it.
here is why: if the data provider signs the data on the api there is no need for decentralized oracles at all, you can feed your own certified data onto the chain to drive your smart contracts.

so basically chainlink is a glue but you can use crews bolts rivets welding soldering whatever you want instead of fucking glue.

>> No.13813636

>>13812287
stop with the filename shit

>> No.13813917

>>13813621
If it doesn't take multiple inputs over a period of time, the only other alternative is a single input. A single input would be a centralized point of onboarding information to the blockchain. I don't think you understand what an Oracle is, I've stated what it is, state what you think it is.

>> No.13813940

>>13812288
>>13812246
Cringe faggot. Go back to plebbit or better yet kill yourself. Gay as fuck reddit meme posting retard

>> No.13813958

>>13813627
>signing data feeds it onto a chain
Wrong.
Also, it's simply not feasible over the internet.

>> No.13813984

>>13813940
linkies are always reddit tier

>> No.13814041

>>13813984
He didn't even recognize a masterful parody of laughingwhores.jpg. He just sees anime and it triggers his reddit normalfag brain. CRINGE

>> No.13814079

>>13813940
says the subhuman nigger neet fag who supports reddit manchildren tier cartoon faggotry

kys i know you hate yourself and your pathetic worthless existence

>> No.13814093

>>13814041
>manchild faggot who watches cartoons pretending to be an adult
kys dunning kruger

>> No.13814235

>>13814093
>>13814079
>obvious bait