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A database would be controlled by a single entity. It could be turned off, have it’s source code vary from what is advertised, or otherwise be manipulated. Tha

by nailer 2y ago

A database would be controlled by a single entity. It could be turned off, have it’s source code vary from what is advertised, or otherwise be manipulated. That’s obviously an incredible risk to security. I’m not hinting at bet/prediction like applications, there are many uses for oracles aside from this. Also prediction markets don’t have anything to do with meme coins.

friendzis 2y ago
> A database would be controlled by a single entity. There is literally no downside to that once you put all the trust on a single entity anyway. > Also prediction markets don’t have anything to do with meme coins. So what's the underlying asset that is the object of transaction if not memecoins?