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/biz/ - Business & Finance

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15996742 No.15996742 [Reply] [Original]

How accurate is this? Someone please tell me. In retarded as fuck.

>> No.15996768

>>15996742
you had two years, go search the archives bitch

>> No.15997030

>>15996742
Collateral is reusable for every transaction it backs, each transaction occurs over very limited time frames thus the collateral is in use for extremely limited time before shifting to back another transaction. That multi trillion dollar market could likely be covered by a couple of billion dollars in collateral.

>> No.15997852

>>15997030
That wouldn't work because if a node was running multiple contracts, then a penalty on one would leave the others undercollateralized and vulnerable.

>> No.15997983

>>15997852
how long does a node take to process a contract? fuck all time. How many contracts are being processed from an annual cumulative total at a single point in time? fuck all. Collateral would represent a relatively small fraction of the market it captures.

>> No.15998005

>>15996742
It’s a scam to dump on brainlets. It always was. There is no network, no users, no demand for oracles. It’s going to .25 usd