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> it is by design aimed at eventual and total financial destruction of most participants. Your entire post is about inevitable centralization but that is not t
by cinntaile 5y ago
> it is by design aimed at eventual and total financial destruction of most participants.
Your entire post is about inevitable centralization but that is not the oracle problem. The oracle problem is about providing access to real life data on the blockchain, but the issue is that you still need to trust someone to provide that data. Maybe I am misunderstanding you but I don't get how that by design leads to the total financial destruction of most participants?
- MrMan 5y agoin my opinion oracle problem necessitates more middlemen to act as data / truth providers and of course they will have to be paid, and will impose an information bottleneck which they will leverage. this is centralization to me.