/biz/ - Business & Finance

>>12939903
>A
If you needed to pull that data for use in smartcontracts involving money, you'd want assurances the temp data doesn't get hacked. Having a decentralized oracle network solves that problem; as far as we can tell. We've spent 2 years on biz debating it and sergey has spent 7 years or something working on it.
>B
You dont. You select the sources of data, the node selection criteria is based on the amount of decentralization you want to feel secure. Perhaps you only select one node from one source for a $1 million dollar smart contract and before the data gets retrieved by the SC it gets hacked by a third party which presents false data to the smartcontract and you lose your $1 million. Probably should've selected at least two sources, huh?
>C
Cross referencing data providers does nothing to assure you that the data hsn't been tampered with before its delivery to the SC, especially if those parties colluded to (((scam))) you.
>D
No.
>E
Yes, that's the point. It prevents attacks which enable 24/7 uptime of reliable data for use in self executing smart contracts

>Oracles aren't real
Are NPCs like you real?

>>12764857
>but i was there anon! dont you remember, lol omg i drank soooooo much

>"I only jerkoff to pictures of my partner because fantasizing about any other woman would be immoral!"

>"hey anon why dont you come round to my house and have some beers on sunday with me, we can watch the game together!"

>"Bitcoin is revolutionary technology!"

>"Haha! Boy if i had a nickel for every time i heard that!"

>"Haha! Boy if i had a nickel everytime i heard that!"

>"Even if a war broke out and all the internet was lost bitcoin will be worth more than real commodities!"

>"Bitcoin wont go below 4k"

>"Bitcoin will never go below 4k, screencap this!"

>buying gold over silver when the ratio is 80:1 and silvers use cases keep expanding

"did you see the stock market crash Anon? It must be because of trump and Obama's policies and NOT the federal reserve"

>>11901218
>The recession will come because of a presidents policies and not the fed

>"I only drink bottled water because i dont like all the chemicals they put in tap water!"

>"So weathers getting pretty rough... i heard they say its global warming!"

>Buffet said bitcoin will end badly so i didnt buy any because someone with that much money cant be wrong!

>BCHSV? it's a scam

>>11713681
>i'm tired of this shit

>BCH SV ? it's a scam

>Let's all start calling Ripple... Cripple

sup /biz/ I am a brainlet and just got a ledger nano s to keep my linkies safe. Can anyone help me with setting this up is there anything important I need to do?

>>11515738

Yes please do kek wow so big lol check him out, big guy!

>"I dont take any sugar in my coffee because i dont like how addictive sugar is"

>"So i listened to this johnny rebel singer all the african americans have complained to me about, man that guy is a racist asshole!"