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Oracle problem; the ETH blockchain can only speak authoritatively to things on its own chain, for anything else you need to trust a central authority to feed in
by ashtonkem 5y ago
Oracle problem; the ETH blockchain can only speak authoritatively to things on its own chain, for anything else you need to trust a central authority to feed in information about the outside world, ruining the point. This is why a lot of what happens on that chain is just creating ICO tokens and placing bets on various on-chain things, rather than any meaningful off chain financial transactions.
- chrisco255 5y agoThe oracle problem is a solved problem: https://chain.link/ https://chain.link/ And no, your comment on Ethereum is about 4 years outdated.
- SubiculumCode 5y agoYou respond with fact, and so they turn your comment gray. This discussions moderation is legitimately the worst I've ever seen on HN.