Holy shit

[Anonymous No.17319266]

It's over linkies.
We've been checkmated by reddit.

[Anonymous No.17319276]

>CHECKMATE, LINKIES!

[Anonymous No.17319279]

>6 months ago
Sage and go back

[Anonymous No.17319289]

>>17319266
OH NO NO NO MARINES WE GOT TOO COCKY

[Anonymous No.17319305]

>>17319266
Aaaaaaaaaaannnnndddddd sold all my link

[Anonymous No.17319311]

>>17319266
damn, mind blown, we gotta get lightninghead on the team, stat

[Anonymous No.17319324]

>>17319266

[Anonymous No.17319334]

>>17319266

Reddit faggots are so salty link is /ourcoin/

Reddit niggers need to stay poor.

[Anonymous No.17319337]

>>17319266
This is precisely why pic related happened. It's getting delisted soon.

[Anonymous No.17319344]

Reddit is so much better than this place. Look at the level of discourse here and compared it with the well thought out, engaging and logical posts of reddit users. /biz/ and 4chan in general is where the dregs of society are relegated. A safe space, containment zone for the brain dead.

[Anonymous No.17319356]

>>17319276
>>17319279
>>17319289
>>17319305
>>17319324
Downvoted.

[Anonymous No.17319373]

>>17319266
>what are threshold signatures

[Anonymous No.17319411]

Kleros solves this. You linkies will never get it. Every issue you could ever run into is solved by the PNK god called Kleros. Whatever, you linkies can keep your low IQ json parser while us pinkies will continue to bring justice to the wild west of DeFi.

[Anonymous No.17319434]

>>17319373
Not a solution to the described problem.

Next?

[Anonymous No.17319471]

>>17319344
Nigger

[Anonymous No.17319546]

This is why there are no real users

[Anonymous No.17319578]

>>17319434
Could be used as a solution though.
With threshold signatures you can query so many oracles that a small colluding group will never be able to drown out the honest ones.
Ie off the top of my head, you can set up a system where a malevolent requester can put an oracle in a group of colluding oracles for the stake, but Chainlink automatically adds an n+1 number of randomly selected Oracles (and participating in random queries could be an extra requirement to run a node), but in their case for no stake, just to verify the solution.

Point being, you can add as many oracles as you like due to threshold signatures.

[Anonymous No.17319626]

>>17319434
pee pee poo poo

[Anonymous No.17319738]

>>17319578
Nodes choose what jobs to enable, why would a node choose to fetch data from a random website and risk this? Just enable jobs from TRUSTED data providers and you are golden.

Last time I ever spoon feed you mother fuckers

[Anonymous No.17319761]

[Anonymous No.17319775]

>>17319738
The point of Link is to ultimately decentralize the APIs as well, ie get data from multiple APIs as well. So you could set up a SA with two dishonest nodes querying bad API and 1 honest node querying a different API to slash the honest stake.

[Anonymous No.17319787]

>>17319266
Ssshhh. We know. We’re just hoping it pumps to $1000 before the network is ever used.

[Anonymous No.17319811]

>>17319266

Kek this is the kind of fud i havent read since the early days

[Anonymous No.17319824]

>>17319337
we got too cocky bros

[Anonymous No.17319878]

>>17319266
>>17319775
What the fuck is this brainlet shit?
If you correctly transfer the API's input, you cannot lose your stake.

The point of staking is you lose it when the oracle output is different from the source input.
Not when the source input is different from another source's input.

[Anonymous No.17319961]

ZKPs? TEEs? you prove that you fulfilled the job you comitted to? penalties determined by deviation from source rather than deviation from other node operators? reputation?

[Anonymous No.17320017]

>>17319878
Wrong.

[Anonymous No.17320069]

>>17319878
If querying an oracle was the same as querying the api it is supposed to provide, there would be no decentralisation at the api front. Which means hacking an api could net you millions in all smart contracts that use it.
Chainlink is about decentralised, true DATA, not fucking decentralised querying of 1 api.

[Anonymous No.17320091]

>>17319961
None of this solves the issue outlined above.

[Anonymous No.17320131]

>>17320069
>If querying an oracle was the same as querying the api it is supposed to provide, there would be no decentralisation at the api front
literally wat

>Which means hacking an api could net you millions in all smart contracts that use it.
That's why you use multiple APIs, ideally.

Or if one API has a copyright or something, you hold it accountable.

>>17320017
good post, anon

[Anonymous No.17320153]

>>17319266
As a node operator accept only those requests that ask for high reputation APIs. API reputation providers like rapidapi.com might help, also enforcing randomization among the nodes that meet the requirements could also prevent this.

[Anonymous No.17320169]

All of you might ask yourselfes where to invest now right?
Do you have some spare time to talk about PNK?

[Anonymous No.17320211]

Honestly I've never understood if it's this:
>>17319878
or this:
>>17320069

I hold 70k link.

[Anonymous No.17320236]

>>17320211
As an oracle, you cannot be punished for correctly transferring source data to the blockchain.
Because if that source data was incorrect, that's not the oracle's fault.

[Anonymous No.17320251]

>>17319266
The day we get outmatched by redit folks will never ever come. Trust me. We have reddit folks in stock who donÄt even know who they are dealing with.

[Anonymous No.17320278]

>>17320236
is the requester just fucked if that happens?

[Anonymous No.17320295]

>>17320278
Not if:
1) he specified multiple data sources
2) the data source is known and can be held accountable

[Anonymous No.17320297]

>>17319337
So what does the is mean? Are my linkies safe?

[Anonymous No.17320325]

>>17319356
That's gonna be a big upvote from me dog.

[Anonymous No.17320340]

>>17319334
Says the r3ddit spacing chainlink kike

[Anonymous No.17320354]

>>17320295
If a requester has to select the data sources themselves, why can't they just aggregate those apis themselves and put that in their smart contract? I thought the whole point of an oracle was the responsibility of finding reliable apis.

[Anonymous No.17320403]

>>17320354
>If a requester has to select the data sources themselves, why can't they just aggregate those apis themselves and put that in their smart contract?
The requester can be his own oracle, of course.
As soon as other parties are involved however, they'll have no reason to trust this centralized point of failure.

>I thought the whole point of an oracle was the responsibility of finding reliable apis.
No. The whole point of an oracle is to reach off-chain consensus on external data so it can be used on-chain.

Though you could ask the oracle to suggest APIs I guess.

[Anonymous No.17320439]

>>17320403
>The requester can be his own oracle, of course.
>As soon as other parties are involved however, they'll have no reason to trust this centralized point of failure.
Nor should the requester trust his own oracle necessarily.
Shit goes wrong even if you decide to do things yourself, so using a centralized point of failure can bite you in the ass at any time.

[Anonymous No.17320482]

>>17320403
But couldn't you agree with the counterparty on a set of apis and then just write a periodic query in the solidity contract?
You have to agree with them on apis anyway if what you say is true. I don't see the point of an oracle at all in that case.

[Anonymous No.17320653]

>>17319266
Thanks just dumped 100k

[Anonymous No.17320730]

>>17320297
It’s a fake tweet if u go to their Twitter u can’t find it

[Anonymous No.17320752]

>>17320482
You have no idea what oracles are.

[Anonymous No.17320801]

>>17319738
The point was that the bad actor nodes take the wrong/manipulated data from the fake website and the (in the minority because the nodes were pre-selected) honest nodes with the real, true data get slashed

[Anonymous No.17320822]

>>17320801
So you're gonna get four nodes to get the information from the same site....

[Anonymous No.17320843]

>>17320653
Thanks!! Just bought them

[Anonymous No.17320845]

>>17320325
upvoted for upvoting my comment

[Anonymous No.17320859]

>>17319344
this

[Anonymous No.17320906]

>>17319289
This is why PNK will win

[Anonymous No.17320957]

>>17319289
I got my cocky in your mouthy

[Anonymous No.17320979]

>>17319266
that's why they centralized and rely on kyc.

[Anonymous No.17321026]

>>17319337
Might be a erc-5 lolz

[Anonymous No.17321074]

>>17319411
Unironically not a problem for kleros since honest jurors can trigger an appeal. That being said, a kleros based oracle is not suitable for all kinds of data.

[Anonymous No.17321097]

>>17319276
Manually kek'd

[Anonymous No.17321158]

>>17320979
I just want to verify, all currently operating oracles are trusted data providers, right? I might ask a question about it tonight if other people can confirm.

[Anonymous No.17321164]

>>17320211
It's the first one, and there's a bunch of cryptographically secured math gay shit to prove/confirm that's the case...to the point it's not even really possible to try to tamper with the data and get a legitimate looking output a requesting contract would accept.

[Anonymous No.17321358]

>>17321158
The core "heartbeat" nodes are all ran by companies that are known (kyc-ish) and have experience with providing reliability in uptime and responses previously. They are also interviewed and reviewed by hand...and most are "friends" or "integration partners".

It won't be that way forever, but is nessesarry with such a young network securing the financial value it does.

Decentralization is a gay redditnigger buzzword that those idiots misconstrue into some leet hax0r movie shit. It's literally just "having no one central point of failure" and having enough backup/redundancy to reliably trigger whatever state change you're trying to accomplish. It's not about running your pirate node behind 7 proxies for untraceable stock market data, businesses want the exact opposite before they will use a system that isn't 100% internal.

These retarded commie ancap faggots need to realize this isn't 2009 anymore, crypto actually has uses now besides being a burdensome way to le upboat here's your gold/buy drugs (bitcoin).

[Anonymous No.17322117]

>>17321358
Oh please. You are full of shit