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/biz/ - Business & Finance


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21465583 No.21465583 [Reply] [Original]

>Daily reminder to read the yellowpaper for 45 pages of pure autism
https://kleros.io/static/yellowpaper_en-28d8e155664f3f21578958a482f33bd1.pdf

>Why is PNK so revolutionary?
Decentralised decision making and trust building. Forget about judge jury on the blockchain - PNK will be able to provide any and all inputs into smart contracts. And they can do it right now, WITHOUT an oracle network being set up prior.

>What else does it do?
Blockchain invoicing, escrow - the team is trying to build *the* smart contract solution. But the real value comes from whitelisting. This will provide the first functioning proof-of-person list, where people can claim to be somebody, stake ETH to that effect, and anybody can challenge them. If the challenger wins they get the stake, but if the challenger loses they give up their challenge fee.
This will feed back into the ecosystem via jury selection - once you have thousands of people to choose form, all who have been 'vetted' by people trying to make a buck off challenges, people could theoretically filter their jury pools. You could say "I want this smart contract input to be determined by x number of jurors, but only jurors from x jurisdiction" or any other such limitation to ensure jurors have a similar mindset when handling a case.

>Listings
apparently coinbase will list it in November but take this with a grain of salt. It will be listed at some point without a doubt. https://listing.coinbase.com/policy

Ask your pajeet questions here.

>> No.21465990

>>21465583
Where did this coinbase rumor come from?

>> No.21466132

How uh.... diverse is the team behind it? Can't find any pictures.

>> No.21466410
File: 703 KB, 2500x1771, pnk one pager.jpg [View same] [iqdb] [saucenao] [google]
21466410

>>21466132
mostly white male i believe

>> No.21466517

Simple but important question: how does use of the system drive up the price of the token?

>> No.21466575
File: 1.46 MB, 1280x628, team.png [View same] [iqdb] [saucenao] [google]
21466575

>>21466132
It's on their "about" section.

>>21465990
An email floating around which hasn't been confirmed. It doesn't refer to Kleros specifically, just "arbitration tokens", so there is a possibility they are talking about aragon, but it would be an extremely shitty thing of them to list a copy+paste instead of the real thing. Then again, they listed BAND, so who knows.

>> No.21466619

>>21466517
a) staking, which removes them from the total supply
b) arbitration fees are paid in kleros

>> No.21466627

Guys let's be realistic - this is a project for the long term. What's happening now is a late cycle defi bubble where PNK has already rallied too hard. It's hard not to be a fan of the project, but this thing is gonna trade sideways at best for at least 2 years before it links.

>> No.21466787

>>21466627
I think it will still go up in the short term too, because most people are still completely unaware, but yes, kleros is a long-term hold. It might get a massive boost in publicity when it hits major listings but until then it's just get your 10k suicide stack and wait.

>> No.21466791

>>21466410
Chart looks primed for a dump. I'll do my DD while I wait.

>> No.21466852

>>21465583
History doesn't repeat otself, but it rhymes
>LINK
>PNK
I sadly only have 10k PNK though

>> No.21467257

pump

>> No.21468316

>>21466791
I wouldn't bet on it going much lower than it already is. Remember:
>no major listing
>actual, tangible product that you can use right now
>largest potential in the crypto space outside eth/link/btc (decentralised oracles with no oracle network required)
>huge capacity to branch outward using whitelisting
>people still see pajeet memes and don't read the yellowpaper

Price discovery is no meme. LINK is high because LINK is high. It goes up, people chase pumps, people eventually discover what LINK does. Kleros is no different. When it gets to 30-40c people will actually start opening the threads and discovering what it is that Kleros actually does. If /biz/ gets in before coinbase lists PNK they will do well, otherwise it'll be another >I had 2 years situation.

>> No.21468638

>>21465583
I don’t get why this board is chasing all kinds of pump and dump scam coins that literally do nothing like STA, RLC, fucking YAM etc. but ignore coins with actual use cases and a working product.
Eh, I got a 10k sui when it was below 10 cents cause I believe in the project’s potential.
We’ll see, /biz/!

>> No.21468689

>>21468316
The Ethereum network is so clogged by the time the shitcoins I need to unload even get to Idex it'll probably be Monday anyway so whatever happens happens.

>> No.21468743

>>21468638
Because /biz/ is literally incapable of buying low. Nobody here reads whitepapers or sees potential in technology, they just buy x because they think it will go up, not understanding that it is the tech which MAKES it go up.

I think PNK will see another pump when STA dies again. People will be looking for a way to recoup their losses and think PNK is the answer. They'll undoubtedly sell at 50c, because they still can't see potential, but that's /biz/ for you.

>> No.21468811

>>21468316
I only can afford 10k PNK

>> No.21468915

>>21468811
How does $50,000 dollars sound?

>> No.21468983
File: 494 KB, 1634x2259, IMG_20200307_162122.jpg [View same] [iqdb] [saucenao] [google]
21468983

>>21466132
THE CHAD HENRIQUE

>> No.21468994

>>21468915
like lunch money
I try to get to 20k somehow
I also have a few thousand LINK
But I don't want to sell them

>> No.21468997

>>21468983
>why yes I did go all-in on PNK, how could you tell?

>> No.21469091

I have 8200 PNK - shits for sure going to hit $1 No doubt whats the highest you see this shit hitting by christmas time / end of year

>> No.21469202
File: 197 KB, 829x1015, pnk.png [View same] [iqdb] [saucenao] [google]
21469202

>>21469091
Possibly $1 with coinbase listing and top 100

>> No.21469455

>>21469202

top 100?

>> No.21469477

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAÄAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.21469633

>>21469455
Top 100 crypto by market cap
Currently pnk is 125

>> No.21469688

>>21469633
where do i see this info

>> No.21469717

>>21469688
coingecko or coinmarketcap

>> No.21469816

>>21469633
The fact it is already #125 without being listed on any major exchange is pretty indicative of how good the mem- project is.

>> No.21469818

>>21466410
Honestly the only thing holding me back is french CTO. The french are known to show the white flag at the smallest bit of of a challenge

>> No.21469871
File: 2.65 MB, 1280x1250, themis.png [View same] [iqdb] [saucenao] [google]
21469871

>> No.21469975

>>21469818
True.
>REQ
>RLC
>Ledger hack
Scum of the earth.

>> No.21470270

>>21469816
It really is. Especially given thetrash that's in the top 100. Once it gets there, the extra visibility will push it past the $1 really strong

>> No.21470420

where do I buy this shit

>> No.21470499

>>21465583

i went 1 15k stack in this and 1 10k stack in STA, What information can we get on the team behind this?

>> No.21470512
File: 215 KB, 431x405, didntBuyPNK.png [View same] [iqdb] [saucenao] [google]
21470512

>>21470420
Uniswap

>> No.21470837

>>21465583
Thinking of buying 500k PNK. Is it worth it to buy this week or do you think we'll retrace a bit?

>> No.21470891

If you own PNK do you have to participate in sjw Court cases?

>> No.21470909

>>21465583

>> No.21471408
File: 434 KB, 1125x1930, 2ADCC1A9-C665-4005-81E9-5FA605DD7168.jpg [View same] [iqdb] [saucenao] [google]
21471408

>>21465990

>> No.21471564

>>21470837
I don't think we'll retrace further
15c seems l locked in

>> No.21471600

>>21470891
No

>> No.21471706 [DELETED] 

>>21465583
>will be able to provide any and all inputs into smart contracts. And they can do it right now, WITHOUT an oracle network
Can you elaborate on how this is supposed to work?

>> No.21471717

>decentralized court
>no algorithmic resolution in development
>ANYONE can join as a juror

>> No.21471737
File: 116 KB, 500x500, E0F5AF50-BA4F-4C22-9781-DC34FB34474B.jpg [View same] [iqdb] [saucenao] [google]
21471737

>>21471408
>tfw PNK & RSR might get coinbase listing at the same time
>tfw own both

>> No.21471842

>>21465583
Is the arbitration process for the oracle system suggested in pic automated or are we talking about human jurors?

>> No.21471858

This is a SJW coin for RACISTS
stay AWAY from a NAZI COMMIE coin

>> No.21471898
File: 101 KB, 191x403, pnk.png [View same] [iqdb] [saucenao] [google]
21471898

>>21470420
uniswap,, sir

>> No.21471916

>>21471600
Based, I'm in

>> No.21471919
File: 47 KB, 498x477, panty-sniffing-pepe-21954145.jpg [View same] [iqdb] [saucenao] [google]
21471919

>> No.21471961

>>21471842
human juror, but there is nothing stoping algorithmic resolution of disputes by users

funny thing is they will most likely deem those in favour of ebay and e-commerce most valuable and I wouldnt bank on it until big boys like paypal and cash apps to jump in

>> No.21471986

Pmg zoomer here. Did you all give coinbase pics of your fucking drivers licenses? I'm about to finally put a grand into crypto. Also, is PNK a good option to hold for a few years? Want to just stack and forget about it for a bit

>> No.21472005

>>21471986
sir you will be needing the wallets

please use the uniswap

>> No.21472235

>>21471961
So will that aspect of PNK potentially be competing with Chainlink?

>> No.21473157

>>21472235
It will fill the role which Chainlink can't - providing an oracle where a network hasn't been set up, or where a network isn't feasible. LINK will always be the standard for information like pricing which is regular, relatively easy to determine, and high volume. But blockchains and smart contracts require much more information input, and it needs to be done in a decentralised way. Kleros can do that, and so much more. Decentralised arbitration is the next big thing, and arbitrating small claims disputes is only a tiny tiny fraction of it's potential.

>> No.21473855

>>21465583
bump

>> No.21474537

>>21468994
Linkies and pinkies are in this together.
We hold both because they complement each other.

>> No.21474538

>>21472235
i don't see them competing, instead they compliment one another

>> No.21475482

>kleros is the only token which pays you to curate kleros memes in their library
Anybody got any good memes they want to share?

>> No.21475718

15k stack, glad to be a part of this movement

>> No.21475754

>>21475718
how does 15 servings of rogan josh sound?

>> No.21476002

>>21468994
>can only afford 1k
>looks down on 50k

>> No.21476502

WTFWT?!?!?!?!
>tfw no kleros-specific wtfwt (I'll make one tonight)

>> No.21476542

>>21476502
better yet, can someone just post the image?

>> No.21476587

How is this different from a strawpoll?