Data Freeriders

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Data Freeriders Anonymous Sat Feb 20 11:09:52 2021 No.29225895 [Reply] [Original]

Won't putting data on-chain create a freerider problem? Let's say me and my competitor both need a specific piece of data (hourly big macs consumed by Sergey), can't I just 'force' them to pay for it? And wouldn't this be especially true when my competitor doesn't even know that I use the data?

I guess that private blockchains would be a solution? But wouldn't a public on-chain data subscription service prove profitable? A system where multiple companies can pool money together to divide the costs of getting the data on-chain.

(Problem is non-chainlink specific btw)

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