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Distributed oracles exist both via prediction markets like Augur and simpler constructions like ShellingCoin.
by natrius 12y ago
Distributed oracles exist both via prediction markets like Augur and simpler constructions like ShellingCoin.
- 0x8D3A 12y agoShellingCoin has pretty hand wavy economic justifications and won't see real world use (or if it does, it'll see use until it loses people lots of money due to faulty incentives).
- deleted 12y ago[deleted]
- drcode 12y agoLook, nobody disagrees with you that there's a risk of failure when people try building new things. Are you saying you have citations that prove ShellingCoin won't work? Are you saying you have a citation from an ethereum developer that these ideas are 100% certain to work out on the first attempt? If not, why are you complaining about people unconnected to you trying these new ideas out as an experiment? Nobody disagrees that these are new and untested ideas.
- 0x8D3A 12y ago> If not, why are you complaining about people unconnected to you trying these new ideas out as an experiment? No, I take issue with them selling broken shit to people for tens of millions of dollars.
- drcode 12y agoYou're trying to change the framing of this conversation. The 4 comment parents above this one all concern Schellingcoin and Augur. Nobody has spent a nickel on those systems. I agree that the core ethereum tech is 100% fair game for criticism, but that's not what's being discussed here.