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15931548 No.15931548 [Reply] [Original]

Contrary to what, somehow, many bears and moon-bois alike think, usage will happen in cryptocurrency. We're seeing tiny shreds of this in Bitcoin and ETH now, but think about true floodgate opportunites.

Kleros should prove itself, in time. PNK is probably one of the best proven (albeit largely unused, for now) projects that has a killer idea, and actual staying power because they aren't degenerates. If you really can't imagine a decentralized court being an amazing idea in the next few years, you should probably just cash out now.

If you're bullish on crypto, you should by all rights be bullish on Kleros. Help the ETH ecosystem. Only true brainlets think it won't survive and flourish. DeFi is just one example of a very big incoming boom. Aside from low-cap speculation (which, looking at the metrics and not having a sea of angry bagholders ready to cash out once in the green), it's my opinion this is one of the best out there, unmatched by any competition. (Please, not the A word, give me a break)

Read about Kleros. Buy Kleros. Stake it. Wait for more cases. Literally all you have to do, and everyone should have PNK in their portfolio.

There's a lot out there. Go digging : https://kleros.io/

>> No.15931557

>>15931548
>implying decentralized courts are a good idea
>implying courts are a good idea
>implying a legal system is a good idea
>not being ancap
i thought better of you, anon.

>> No.15931579

kek. this shit is so dumb.

>> No.15931595

>>15931557
It's quite a logical step. I'm really not sure how anyone could see otherwise. Even if you're just in it for the money and laughs of "could-be" market shenanigans, I don't see much upside in 99% of the market, aside from hardened cases that haven't flourished yet. Are you really so anti-system that you don't wish to take part in a world changing space that has yet to even crawl?

Don't be so angry, anon.

>> No.15931612

>>15931579
Curious why you think so. Elaborate if you wish.

>> No.15931625

>>15931548
>Coherent Juror fees are paid in ETH and PNK. Voting 'coherently' means to vote with the majority. If not, you lose your staked PNK and don't receive any arbitration fee.

so be a liberal then

>> No.15931645
File: 23 KB, 256x304, 818C5F26-8B8D-4B1E-966C-86E55F38C201.jpg [View same] [iqdb] [saucenao] [google]
15931645

>> No.15931657

>>15931595
do you even know what a blockchain is? decentralized courts on the blockchain is the dumbest shit I've heard in a while. there are very few use cases where blockchain technology actually makes sense. this is def not one of them. so sick of this scam market throwing blockchain at everything like it's a proper solution. it's an incredibly inefficient data structure. the only place it makes sense to apply is where you have multiple entities responsible for maintaining the same data independently or where a distributed network is necessary to maintain sensitive data in a decentralized way. very few legit use cases out there.

>> No.15931666

>>15931625
This is an issue, why?

>>15931645
Smart cookie.

>> No.15931680

>>15931657
>not caring about :
>attacks
>Bribes
>Arborescence

>not seeing the writing on the wall

See also : Twitter juror lists. (actual, real people, doing the thing)

>> No.15931703

>>15931680
what the fuck are you even talking about? so you have an issue with the way the current court system is structured and want to disrupt it....how does blockchain make sense from a technical perspective?

>> No.15931733

what I'm saying is for the type of examples listed on the site....contract disputes and whatnot....how does applying blockchain as a solution make sense? it doesn't. the point isn't to build a working platform, it's to sell a scam token.

>> No.15931739

>>15931703
Do you really understand how the traditional court systems work? Have you ever been through a nasty legal battle, and been beaten to a pulp by a hundred things that you couldn't control, driven across three states, had your time wasted endlessly, only to get majorly fucked in the end by a minor fleck?

Kleros fixes this on so many levels.

Out for now.

>> No.15931758

>>15931739
but how does blockchain and their token enable them to do that better than they would be able to without it? the tradeoff isn't there.

>> No.15931823

the great thing about running an ICO to fund your project is you get your exit money up front. then it's just a matter of building out a minimal product to satisfy the social contract.
>yeah we did it
there's no incentive to maintain the platform though or use those funds raised to actually build a company.
this market is so fucking stupid. it's amazing to me how easy it's been to raise insane amounts of money on dumb ideas and promises.

>> No.15931949

>>15931823
Except these guys launched about as fair as an ico as you can get and are still building things

Imagine thinking coins like this can't pump.

>> No.15931980

>>15931548
Interesting idea but not lucrative for an investor. Just buy chainlink retard.

>> No.15932148

"PNK provides jurors the incentive to vote honestly3 by making incoherent jurors, i.e.
jurors whose votes do not agree with the ultimate ruling, pay part of their stake to coherent ones."
In their Bob & Alice example they give jurors 3 options to vote on; Reimburse Alice, Give Bob one extra week to finish the website, and Pay Bob. Let's assume the majority goes for Reimburse Alice, where the next largest group of jurors decide on Give Bob one extra week to finish the website. Any jurors who voted for Pay Bob would be penalized, alright that makes some sense especially if it was lopsided; maybe only 1% said Pay Bob. What if it was 80% Reimburse Alice and 19% Give Bob one extra week. Are the 19% here also paying PNK to the "coherent jurors"?
What if the website was actually well designed and Alice is nitpicking small things, but perhaps small things that were outlined in the contract? Now you may end up with a more even split of votes. As unlikely as it is, what happens in a hypothetical 33/33/34 type of vote? Some will feel the contract was not honored, Reimburse Alice. Others will say to be reasonable as Bob delivered on 90%+ of what was promised, and to give him an extra week to finish the website, Some might say that these things are easily and quickly corrected and don't want Bob to wait one more week to get paid.
Still reading the whitepaper and maybe these are brainlet questions but it's hard for me to wrap my head around penalizing jurors that don't go with the majority, when their votes aren't necessarily wrong.

>> No.15932200

>>15932148
It's like Chainlink

>>15931980
Crypto is about speculation. This can go 400x before it hits the same market cap as Link. Hedge your bets.

>> No.15932359
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15932359

>> No.15932775

>>15932359
anyone know what this says? cant read it for some reason. I want to buy this but the volume.

>> No.15932793

Decentralided courts to arbitrage smart contracts using pnk as fuel. The white paper is brilliant IMO and Vitalik shills this as well.

I only hope that it gets the attention it deserves soon.

>> No.15932970

>>15932200
Yep.

>>15932775
It's Linker hate-fuel. Still funny. Disregard. Someone always take the hit on volume. Do the 50% in / 50% market set like every other low-cap and you'll be fine.

>>15932793
Indeed.

There's no FUD for this. Only dumb money who thinks "it's a bad idea" (they're wrong, and I'm willing to bet by next summer are proven as such)

>> No.15933693

Bring the volume and cases. It's been too long.

>> No.15934420

Smart money knows this won't take off until 2020. Relax. Stake when you can. Accumulate.

>> No.15934422
File: 12 KB, 225x225, suitpepe.jpg [View same] [iqdb] [saucenao] [google]
15934422

>relax

>> No.15934847

>>15934420
smart money doesn't buy dumb as fuck utility tokens that will obviously never be used.