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4366111 No.4366111 [Reply] [Original]

Sum up the orcacle problem in 10 seconds.

Go.

>> No.4366139

>>4366111
fuk u bich bastard, oracle is real problem

>> No.4366151

>>4366111
yes, its very real sir, please buy chainlink, very good coin yes

>> No.4366153

As a fellow S I P B O Y I implore that you stop talking shit about LINK for your own good.

>> No.4366154

Oracle problem is a problem

>> No.4366173

>>4366111
dude, sergey fixed it no problem anymore.


Just the binance man keepin us down! we wuz kingz n shiet

>> No.4366201
File: 6 KB, 279x93, thetruth.png [View same] [iqdb] [saucenao] [google]
4366201

>>4366111

>> No.4366222
File: 128 KB, 1600x835, The_Oracle.jpg [View same] [iqdb] [saucenao] [google]
4366222

fuck this stupid oracle bitch ass problem

>> No.4366281
File: 649 KB, 475x755, sergeysuave.png [View same] [iqdb] [saucenao] [google]
4366281

>oracles are a problem. here's the solution

>> No.4366299

>>4366173
yeah damn binance bots
hurrr durrr

>> No.4366318

>>4366111
Smart contracts only utilise info from the blockchain.
They require trusted sources of information from the outside world to enact contracts based on external occurances.
Chainlink connects them

>> No.4366441

>>4366111

There's no point in using a trustless decentralised smart contract if you have to use a trusted, centralised Oracle to put information into it. You might as well just use a trusted, centralised contract at that point.

>> No.4366454

>>4366441
Yep, why use an expensive smart contract at all lol just use a trusted web application.

>> No.4366483

>>4366441
This pretty much

>> No.4366515

>>4366454
>why have so many nodes for bitcoin? Just use one central trusted node.

You are a brainlet.

>> No.4366556

>>4366454
This just fucking use a program on a computer or cell phone, why the fuck is a smart contract even required? Technically you can make a smart contract through a fucking website, send coins there, and then have it do shit too, it doesn't need to be on the blockchain, in fact doing that is retarded and clogs up the system

>> No.4366563

>>4366515
Huh? The point of bitcoin is completely trustless transactions. Smart contracts are not completely trustless when dealing with external data using a centralized oracle.

If you are not going to use a decentralized oracle like LINK, youre better off not using smart contracts at all and just use a traditional webapp. You fucking brainlet.

>> No.4366566

>>4366281

Nice picture, now post a recent one.

>> No.4366575

Im buying more mother bitch.

>> No.4366607
File: 77 KB, 256x256, LUL.png [View same] [iqdb] [saucenao] [google]
4366607

Daily reminder - decentralized JSON parser

>> No.4366615

>>4366556
Do you know what trustlessness means, and how it relates to automatic instantaneous contract execution?

>> No.4366628

>>4366441
boom

>> No.4366647

>>4366607
That's pretty much what bitcoin is too faggot

>> No.4366661

>>4366563
You went from bashing smart contracts in general to bashing centralized smart contracts.
Guess something got lost in the formatting.

>> No.4366672

Oracle = jew