Re:Ask HN: Am I going insane or is there genuinely no value ...
by pjc50 on Saturday April 23, 2022 @06:35AM
(#31132981)
> This assumes that we can trustlessly get the CO2 emissions for all countries
Classic blockchain advocacy: it works great provided we solve this unsolved problem of communicating "trustlessly" with the real world!
> you'd have actual enforceable code that can not be gamed
People keep "gaming" smart contracts all the time. Just recently there was a defi attack where someone simply flash-borrowed all the tokens, voted themselves a reward, and returned the tokens.
Re:Ask HN: Am I going insane or is there genuinely no value ...
by cburgdorf on Saturday April 23, 2022 @09:09AM
(#31133926)
There are a lot of well proven live projects that use external oracle data and haven't suffered any serious issues. Just throwing DAI and RAI out as examples.
Classic blockchain advocacy: it works great provided we solve this unsolved problem of communicating "trustlessly" with the real world!
> you'd have actual enforceable code that can not be gamed
People keep "gaming" smart contracts all the time. Just recently there was a defi attack where someone simply flash-borrowed all the tokens, voted themselves a reward, and returned the tokens.