/biz/ - Business & Finance

>>19239416
h3llo sir

You dont need to know anything about me other than the fact that I know my stuff when it comes to how contracts work in the real world. I'm not important. I don't have insider connections. But I have niche expertise that you should probably find valuable. And such a gem dragged through the muck by a bunch of bizlet moonbois is funny to me. I thought I'd come here and give a quick rundown on why Kleros is more than some pakistani pump and dump.


All of you here know about Chainlink and the Oracle Problem. LINK attempts to solve the oracle problem and serves as a decentralized source of objective truths. Keyword being objective. LINK is designed specifically to take verifiable data and bring it on chain in an end to end decentralized manner that keeps the integrity of the agreement in tact. The important takeaway is that a smart contract is only as decentralized as its most centralizing element.


Outside of financial applications, most contracts cannot be boiled down to a clean representation using only logic and objective truth. Imagine a contract between two businesses where the terms specify that Client shall receive goods and services from Vendor, meeting specific deliverable milestones on set deadlines. If a flood, earthquake, or other Act of God strikes the deadlines are to be relaxed. It is not possible in this case to rationally systematize the future release of a Vendor from a deadline for an Act of God that hasn't even occurred yet. In order to enforce these clauses, you have three options.

>>19082177
I can't believe it, but I knew ANJ would moon because normies are dumb, so thanks for the free 300% more PNK so far.

Aragon will burn. If you're revenge trading, better take profit early and start loading up. Would be a shame if....someone.....priced you out. ;)

>>18899805
KWEEEEWOS

PINKIES ASSEMBLE.

OOOOOOOOO