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/biz/ - Business & Finance

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15190174 No.15190174 [Reply] [Original]

How does a link oracle know that the data its receiving is legitimate? If someone wants to hack or fool a smart contract what is stopping them from simply hacking the source of data? How does chainlink stop this?

Also what is a derivative?

>> No.15190182

sage garbage thread
2 years
archives

>> No.15190184

by collecting from multiple sources
/thread

>> No.15190193

>>15190174
Have sex

>> No.15190212
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15190212

>>15190182
>>15190193
Your token isn't gonna make it without nulinkers. Have sex.

>> No.15190223

>>15190174
On which smart contract platform will Link do their so called trillions of dollars worth smart contract oracle work? Eth? Kek. We are years away from real adoption. And the question is this, will the tech ever be needed and adopted? Thats a big if. As of right now Link is a security erc token on Eth with no real use and actually with no future. Are you linkies gonna transfer data on cryptokitties dApps?

>> No.15190252

>>15190212
if they actually cared, they would do their own research and go back in the archives
also we don't need their pennies.

>> No.15190253

How does an armored car delivery company know that the bag of gold they got is real gold?
The answer is it's not their job to know, it's their job to get the bag safely to its destination.

>> No.15190658

Thats the woe of the main contractor - you have to vet the subcontractors. It happens all the time in the real world.

>> No.15191103

>>15190212
very qt anon i'd love her in my harem

>> No.15191127

>>15190223
sergey is a genius. he is going to hit a target no one else can see

>> No.15191232

>>15190253
right but calls the utility of the whole ecosystem into question

anon has a point. if there's a single point of failure an attacker will go for that. smartcontracts won't be able to do everything, but they will fucking own finance