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A comment on Tether starting to lose its peg too, after Terra did. Parent comment

Re:Tether starting to lose its peg too, after Terra did by kevingadd on Thursday May 12, 2022 @07:15AM (#31352300)
Things like this rely on off-chain "oracles"
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Re:Tether starting to lose its peg too, after Terra did by bspammer on Thursday May 12, 2022 @07:41AM (#31352520)
I know the thing is crashing and burning as we speak, but that seems like a crazy single point of failure for something claiming to be decentralized...

What if the oracle has downtime?

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Re:Tether starting to lose its peg too, after Terra did by rawoke083600 on Thursday May 12, 2022 @09:58AM (#31354268)
Many Many nodes :) i.e distributed
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