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/biz/ - Business & Finance

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25931252 No.25931252 [Reply] [Original]

*makes LINK irrelevant*

>> No.25931291

>>25931252
price predilections sir?

>> No.25931321

>>25931252
>can't do oracles
>somehow makes link irrelevant
Surely you mean iExec

>> No.25931356

>>25931321
You can query whatever feed you want right in the application, no middleware needed.

>> No.25931497

>>25931356
not reliable as a source of information
you failed before you even began

>> No.25931575

>>25931252
When trading starts? I hzve been waiting for literally over 2 years

>> No.25931633

this is unironically going to end up being one of the biggest rugpulls in crypto history
>nabbed $200 from vc's
>been "in development" for 4 years
>literally nothing to show for it

>> No.25931682

>>25931252
Who?

>> No.25931706

>>25931682
It's a billion mcap coin. How the fuck do you not know about it?

>> No.25931778
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25931778

>>25931252
makes it relevant again.

>> No.25931783

>>25931497
It can verify signatures right in the application, meaning it can use any HTTPS website delivered by a reliable authority. It can also use any other scheme for verifying information.

>> No.25931884

>>25931783
That's not how reliable oracles work

>> No.25931982

>>25931884
Yes it is. Link nodes get the data from somewhere, they generally don't provide it themselves.
>crop insurance
Use an assortment of https APIs from reputable sources.
>price feeds
Use an assortment of https APIs from reputable sources.
etc...

>> No.25932226

>>25931982
dfinity has never proven it can do oracles and it never will, enjoy your VC scamcoin

>> No.25932309
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25932309

>Makes Link irrelevant.

>> No.25932538

>>25932226
It can do arbitrary applications. Verifying TLS data is a solved problem. There's no need to prove that in particular because it's just making a HTTP request and verifying a signature. Guess we'll see when it launches.

>> No.25932660

>>25931783
That's not how it works, retard. The oracle problem is that a single data source can be spoofed. That's how every project not using LINK got hacked.

>> No.25932929

>>25932660
Hence you use a couple of source feeds, not a single one. The dfinity application can fetch data in exactly the same way a link node fetches it. If link nodes use feeds A, B, and C for a price feed, then a dfinity app can fetch these exact feeds. It just cuts out the middleman.

>> No.25933010

>>25931252
holy shit! The name is actually a nice play on definitive and infinity. I'm sold.