Re:Ask HN: Why are privacy coins like Monero not seeing wide...
by openfuture on Tuesday July 26, 2022 @12:53PM
(#32240785)
Already commented elsewhere but this is called the oracle problem. It is essentially the tragedy of the commons w.r.t. bureaucracy; i.e. why should I be truthful about the state of the world if I can lie and make a profit because what I say will get recorded as truthful in the bureaucracy... this is the same as "corruption" and "fake news" etc.
We already know how to solve this problem fyi but it seems no one is interested in helping me implement it.
We already know how to solve this problem fyi but it seems no one is interested in helping me implement it.