Vitalik and Eric Weinstein reference the oracle problem

[Anonymous No.16551584]

https://www.youtube.com/watch?v=8TwNNgiNZ7Y&feature=emb_title

43:30

[Anonymous No.16551598]

>>16551584
"a blockchain can't directly read whether or not something happened in the real world"

OH NONONONONNOO

>VITALIK DOESN'T KNOW

[Anonymous No.16551613]

Mentioned this yesterday. I wish they’d stayed on this aspect a bit longer. Let’s speculate: do you think Eric knows about Chainlink? My guess is Thiel does and Eric is in his inner circle. Side note: Eric’s face bumps are repugnant and Vitalik is so awkward. Cringe.

[Anonymous No.16551644]

they are so oblivious to APIs and financial contracts in the real world

[Anonymous No.16551671]

>>16551613
Thanks Rebecca

[Anonymous No.16551676]

>>16551598
The skelly fears the belly.

[Anonymous No.16551715]

>>16551598
He knows, his claim was that a smart contract using third party data sources technically isn’t “trustless” anymore

[Anonymous No.16551737]

>>16551598
>directly

[Anonymous No.16551742]

cringe

[Anonymous No.16552040]

>>16551715
Nothing is trustless. I have seen miners fucking with the chain before to win the fomo3d jackpot.

[Anonymous No.16552194]

>>16551598
>>16551644
He knows and vitalik isn’t oblivious you morons.
A decentralized network, such as Ethereum, can only verify data that Exists natively. If you want a true trust-less system, every action must be done “on-chain” so to speak. If you have an oracle fetch data, the contract is then relying on information off-chain and it has no real way of truly verifying it.
This issue also reflects on other problems like proof of identity. You could make the argument of a sort of point system existing that gives a statistical probability of 99.9999% likely hood that an event occurred or that an identity is true, but again it wouldn’t be truly trustless. The concept is that you can reach a state in which you have .99 repeating = 1, such that you run it through a Monte Carlo simulation and always arrive at the same answer until the heat death of the universe. Look at how bitcoin seed phrases are generated. You could use a phrase generator but sit there for an eternity before you found a phrase that would unlock a wallet. It’s not a perfect system, but it is mathematically sound.

/biz/ is filled with brainlets. Why do I even come to this board anymore.

[Anonymous No.16552240]

>>16551584
Holy shit. Is Vitalik autistic enough to not know the dress code or does he not care about his public image ?
It looks like he got kidnapped from in his bed.

[Anonymous No.16552249]

>>16552240
When it's his event he wears black skinny jeans and nice sneakers lolol

He must have just not given a shit.

[Anonymous No.16552282]

those shoes n socks
what a CP hodler vibe

[Anonymous No.16552294]

>>16552240
he is virtue signalling

[Anonymous No.16552327]

>>16551613
Oh Rebecca, how I've missed you. Welcome back!

[Anonymous No.16552501]

>>16552327
I really don’t get this lol

[Anonymous No.16552535]

>>16552194
This argument is a semantic cop-out that ignores the game theoretical/economic incentives that make chainlink's oracle network functionally possible.
It's an autistic, spergy argument.
Vitalik clearly doesn't believe it's possible, but listen to him in this interview--he is a smart yet arrogant little boy that knows nothing of the world

[Anonymous No.16552756]

>>16552194
>choose how much decentralization you want
currently it's unavailable, but in distant future, I see shitload of nodes competing to bring answers.

[Anonymous No.16552864]

>>16552535
>he is a smart yet arrogant little boy that knows nothing of the world
How fucking ironic this statement is following your narcissism

[Anonymous No.16552875]

>>16551584
>Two Jews talking
No.

[Anonymous No.16553740]

does anyone else find Eric to be asmug, fat unbearable fuck?

[Anonymous No.16553764]

>>16552535

>Game theory

Lmao

[Anonymous No.16553790]

>>16552875
Does being such an edge master help you cope with failure and poverty?