/biz/ - Business & Finance

Bump

Chainlink is the biggest marketcap oracle
an oracle is as secure as the marketcap that secures it.
So no, there s no alternative.

>>21791188

That's a good point.

So when does this thing explode, the end of this week?

>he doesn't know
Slow and steady wins the race.
Tick tock, linkers.

link is to slow and too expensive to be used in real life, just fantasy land does it excel

>>21791261
old /biz/ knows... MOBIUS 1k EOY

>>21790510
BAND

>>21790510
They can have their own in house oracle. What oracle does maker and compound use?

>>21791311
Are you retarded ?

>>21791404

He sounds retarded.

Link is pretty fast and the US government has no budget limit

>>21791261

Mobius has like a 3 mil USD mkt cap on coingecko

>>21790510
If the US government was to implement an oracle for elections, it'd either be Link or an in-house centralized oracle.

>>21791610

Yeah, I guess the question is do they have an in house centralized oracle, but you'd probably need a security clearance to figure that out

Bump for visibility

>>21791758
>do they have an in house centralized oracle

>centralized
>oracle

ayyyyy lmao

>>21792489

What's so funny

>>21790510
fucking retarded boomers are at it again and fucking retarded linkies imagining things again.
no proper antonymous voting requires oracles.

>>21792489
dude you are stupid.

>>21791537
Three million dollars is a lot of money

>>21792728

Anonymous you mean?

Well, the issue here is security of the voting results, which Chainlink seems to have a solution for.

Also, I am not a boomer.

Tellor

>>21792830

Its tiny

>>21791610
they will centralize it like everything else they do

Problem is, the oracles seem to be a very minor part, and I dont even see why they would be needed.

>>21792857
yes i'm just fucking tired. been through one hell of a weekend.

nah bollocks chainlink can't secure shit properly. and it's not needed. what you need to do is register pubkeys for each person similarly how they would cast the actual vote. special envelope you put the pubkey in the required format into it (obviously javascript generator page can be downloaded from secure audited source and known digest runs on just about any os in existence).

so once the pubkeys are collected over a prolonged period of time (this allows you to control exposure) into the sealed urns. they are registered by the authorities and voting tokens are distributed to the pubkeys. (at this point anyone not receiving his token can raise bloody hell) once tokens are distributed voting can be done by publishing your vote with an appropriate signature (offchain) or transacting your token to the designated vote addresses (onchain).

since every person on earth could count the fucking votes themselves there would be no need for oracles. every news paper every riporter every kid in school could check the election results.

>>21793316

So why are oracles in the patent then?

>>21793714
because boomers can't into crypto

>>21793316
also note that you can basically do this with eth addressees and a centrally issued erc20 token (based on census data that is publicly verifiable).

at least the on-chain voting version if you want direct democracy and regular votes it maybe better to make either a sidechain for them or do them offchain distributed similarly how the mempool works.

>>21791218
Its going to crash back down to $4.00. That's when you buy again.

>>21791218
slowly and steadily for the foreseeable future.

first mover advantage.

biggest brains on board(few realize how brilliant Ari Juels really is, as well as his protege' Fan)

enterprise and finance already chose link behind closed doors. just try to be grateful and realize this market doesn't move for us, we are nobody - the scope is planet-wide and paradigm shifting

>>21793854
whatever you imagine chainlink will do the scenario can be done simpler cheaper and easier without it.

>>21793854

How do you know these things if you don't mind my asking.

I have 8000 in LINK which is why I am interested in these issues.

>>21791188
The government is not going to use Stinkies. They are going to RFP it out and roll their own. They need to be in control of all of the technology. This is how the government works. Sorry.

>>21790510
this is so far away you retards don’t have a clue. look into ed felten’s (yes that one) research into electronic voting. they’re working on it but it’s one of the hardest problems to solve.

>>21793903
>>21793903
It's complex. You need info from the real world to link (pun intended) a real person to its voting wallet. That the real person is voting for x candidate without the world knowing who is behind the wallet. You need an oracle for that . The oracle will let legacy systems to know x person has already voted too. Mixicles come into play in the world process

>>21793903
You don't even know what Chainlink does, you really think you're doing anyone a service by spreading your cognitive dissonance in hopes that maybe you can make someone else as miserable as you? You had three years dipshit, have fun coping.
>>21794022
Wow, he's so interested in link that he needs to be spoonfed on a rhodesian dog grooming forum

>>21793903
>simpler, cheaper, and easier without it
You mean
>easier to tamper with
>cheaper to buy out and manipulate
>transparent and filled with security risks
there are no real competitors
yes I have looked into "HOW WE COPY LINK VRF" band and "DIGITAL OIL TO THE MOON SIRS" rlc
just stick to your designated shitting gutter and stop trying to post here, you priced out cockroach

>>21794141

Oh come on man, dont be like that.

No one forced you to click on this

>>21793316
Lmao the voting system has to be very simplified. Boomers aren't going to use some fucking eth addresses and tokens. I'm sure you know about this a lot more than people like Ari Juels.

>>21791261
This

>>21794070
Objectively false, try again you nolinker shitskin, larping about his knowledge of the US government. Have sex you cringey incel

>>21794508
he doesn't realize we can have full adoption of blockchain, SC's and everything they enable without needing a million blockchain devs. These charlatans understand jack shit about what they're pretending to know and it shows. Baseline makes all of this shit no-code accessible. Idk why mental mongrels like him bother wasting their breath.

this is what you use for voting https://scrt.network/
everything else is just insecure
why use chainlink? it is not even a blockchain

>>21794604
Sad thing about it is that he is not even one of those larp fudders. He seriously believes he is smarter than the best team in smartcontracts field.

>>21794523
How the fuck can you buy MOBI?

>>21794508
It’s like you’re actually retarded and don’t know what abstraction and ui developers are

I bet you thought when computers could manipulate images through its terminal interfaces “that’s stupid, what graphic designer would ever use code to edit their photos like this?” When it’s obvious layers of abstraction will come

I really pray for you if you’re this stupid

>>21794782
>>21794604
this

>>21792547
Link is a centralized oracle

>>21795032

No it isn't.