Isn’t, like, the entire reason we are here because in a decentralised system, powerful parties can’t exercise control over how the system functions, and can’t influence the middlemen
>>61199116lol no we are here to make money
kek linkies
>>61199116There's always a way to break somebody's will. Keeping the middleman's identity a secret is the only defense and even then it likely only delays the inevitable because the powerful parties can try to steal the system
>>61199239If we can obfuscate the data that passes through oracle nodes through sMPC then there is literally zero reason a client should be able to demand specific nodes, and it massively undermines the core guarantees provided by using a decentralised network in the first place.If the Fed is just feeding information through FedNode1, FedNode2 and FedNode3, why are we even here?
>>61199116This is end user related not failure of the networkIf a single enduser wants to introduce more centralization and thus risk of failure that's their choice, others can still use the full networkAnd at that point dapp users can choice where to put their moniesBut its irrelevant cause in this case the preselected nodes have innate sybil resistance due to irl reputation
>all data has to have a single source it originates from and it will be like it always is , trust the intuitions that are “too big to fail” >it is about making money tho, blockchain will create more opportunities to make money biz like toyota, dtcc, etc etc
>>61199272>it’s actually designed into the strategy, sergey always wanted the base nodes being operated by massive corporations that are trusted, he never even mentions a pleb running a node from home supplying data to the sec. lol don’t be stupid
>>61199272>>61199278>trust me i’m steve ellis
>>61199263What Sybil resistance do three nodes handpicked by the Fed have against tampering by the Fed?
>>61199295The fed is the dataThey tamper with it all the time and report bogus numbers, yet in tradfi trillions move because of itThat will not change, with link we need a secure way to transmit the feds number, no matter how bogus, to smart contracts
>>61199288>Fed running its own oracle nodes is just saying we wanna be in charge of the important stuff>Banks need logs SLAs n someone to blame when stuff blows up and that doesn’t work with permissionless oracles >Fed nodes also lock data to a country and force compliance rules>You can still prove shit happened by dropping hashes to public chains>fed nodes mean predictable speed n uptime for payments>they still have multi-sig and audits so it’s more than one idiot with the keys.
>>61199116>if>choosepoc is very far along marines, please don't sell
>>61199257>why are we even here?To get shit on
