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> You cannot program a smart contract to know who has the most reliable sports scores or political information. You can't do that as a human, either. All you c
by jackfraser 9y ago
> You cannot program a smart contract to know who has the most reliable sports scores or political information.
You can't do that as a human, either. All you can really do is look at someone's record to see how their predictions have panned out historically. Given the right data sources, a program could do this no problem, and assign metrics to individual sports commentators as well as subsets of their consensus on any particular topic.
Given the nerdy propensity of the fantasy sports guys, there's no reason to assume this kind of data won't be available eventually.
As for politics, I'll agree with you there - neither human nor AI is going to be able to produce particularly reliable commentary any time soon!
> If I bet that Hillary Clinton won the election, and she lost to Trump, what's stopping a hoard of Clinton supporters from voting (or tweeting or however the DAO collects their "data") that Clinton actually won the election and stealing my winnings?
This is called a 'coup' when it happens IRL, and happen it does. The chief difference here is that in reality, pitchforks and torches are needed for these efforts; online it's a little bit physically safer.
- PeterisP 9y agoIt seems like you're talking about predictions, but the point of "reliable sports scores or political information" is about a trusted source about past/current facts. People have no problem verifying the bet results of yesterday's game or last year's elections. However, making a blockchain that can't possibly be manipulated into thinking that Clinton won the election (no pitchforks needed, you're misleading a single automated system, not everyone else) is actually much harder than it seems - especially if the decisions are enforced by the system, final and irreversible and can't be overruled by courts if it's found to be fraudulent afterwards.