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14885238 No.14885238 [Reply] [Original]

If you aren't accumulating Kleros, a decentralized court system that actually works, you must truly, unironically hate not only good tech, but the financial thing-a-majig some of you call the monetary system of whatever country you come from.

This small but dedicated team not only gleamed through the bear, but kept working, got real law-practicing people on board in droves (and @'d them on their twitter one by one, for added accountability). Sure, it may not have had as historic of a moon post-bear as say Link, but price and market-cap laggards are only biding their time as we head full-on into, what you know in your heart to be true, a full alt-season of blinding greed and unknown territory when we see some real use cases.

Use cases like, say, Vitalik calling this a "true cypher-punk" endeavor.

As for all those Vitalik shills. This one's recent, on the ETH2.0 AMA :

https://www.reddit.com/r/ethereum/comments/cdg8v6/ama_we_are_the_eth_20_research_team_pt_2/etu2vl8?utm_source=share&utm_medium=web2x

It's a damn fool's task to talk to a brick wall on here sometimes, but one quick look at their blog, and I'm pretty sure you'll be a believer. Oh, and there's staking, too. I'd say you have a few weeks, but in this market, with IDEX, who really knows. The "Doges in Court" thing was hilarious, and no doubt got $doge heads curious as well. Oracles (not Chainlink, kek) will feed out data. Can you not sit and think about the potential of this? Lega, valid arbitration possibilities. Online commerce handling. The escrow is smooth as butter (I used it last week).

Read up, get in, and hang on to this one for the long haul : https://blog.kleros.io/

>> No.14885383

Show me more Vitalik shills or I'm not selling my linkies

>> No.14885579

>>14885383
Probably the most bullish one :

https://twitter.com/VitalikButerin/status/1129380105267089408

>> No.14885597

Once this flies, people will indeed be priced out forever, and if it becomes a standard, a 50x would be easy. Something this (with the backing of VIT) could easily enter the top 100.

>> No.14885647

whats the suicide stack?
im stacking up slow

>> No.14885696

>>14885647
Considering 1M costs $8K, I'd say 200,000 would do. Join their groups and gauge.

>> No.14885766

>>14885696
it'll take some time with that daily volume man
but i think i have time

that meet the team vid is bullish af

>> No.14885815

>>14885696
Thank God I've already secured my fortune

>> No.14885851

>>14885766
true, i really like that. as for time, i'm not so sure. maybe a month or two. it's been ranging a loooooong time.

>> No.14886492

>>14885238
The fundamentals check out for a moonshot. What's up with that ticker though. Why not Kleo?

>> No.14886732

>>14886492
Dig deeper, re : Pinaklon

>> No.14886741

>>14886492
See also, forkable, attack resistant : https://medium.com/kleros/why-kleros-needs-a-native-token-5c6c6e39cdfe

"If would-be jurors were drawn based on how much ETH they had staked (rather than PNK), it would be much more viable for an attacker to try to buy enough ETH to outspend the rest of the market. If an attacker wants to obtain 51% of PNK, market liquidity will dry up. As the attacker buys PNK , it will start to become scarce and each additional PNK will cost more and more. The attacker may not even be able to find 51% of PNK for sale on the open market at any given time.

In contrast, consider the situation of an attacker who wants to buy enough ETH to make a stake that is greater than whatever would be already staked in Kleros courts at a given time. There is a lot of ETH floating around, and Kleros will presumably only represent a part of the broader Ethereum ecosystem.

Current 24 hour market volumes for ETH are hovering around 2–3 billion USD with all time highs near 10 billion. If someone wanted to buy enough ETH to overwhelm whatever is staked in Kleros, it probably wouldn’t take them all that long. Moreover, the market for ETH is much deeper than the market for PNK will be. So, while a large purchase of ETH might move the price of ETH a bit, market liquidity effects woudn’t come to Kleros’ defense in the same way as they do by having a native token."

>> No.14887282

easy gains / easy floor. really like this project. a true shame they haven't 10x'd in this mini bulls o far.

>> No.14887726

buying 100k now.

>> No.14887785

Sounds brillient and could seriously change things bbb-but BUT how are they gonna get people to use the system?

>> No.14887807

>>14887726
good work.

>>14887785
how does anyone get anyone to use anything? it'll come. if this was gonna die it already would have.

>> No.14887846

It sounds fantastic on paper ill dig a little deeper...

>> No.14888037

>>14886741
This guy gets it.

>> No.14888107

>>14886741
>>14888037
Top 4 wallets hold over 50% of the tokens right now which is not that great.
If they were to rig the courts though their PNK would lose value.
Hopefully distribution gets a little better over the next years.

>> No.14888431

>>14888107
this will happen naturally, even if adoption is a meme. You can't have Vitalik pushing stuff during a hype cycle and not 100x