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17370588

What happened here? Anonymous Fri Feb 21 13:01:09 2020 No.17370588 [Reply] [Original]

So the data feed for XAG/USD was showing the price of XAU for 6 hours last night.

>>	Anonymous Fri Feb 21 13:22:17 2020 No.17370906 The nodes reported falsely. This will happen. There's no reputation system live yet and the number of providers is extremely small.

>>	Anonymous Fri Feb 21 13:23:59 2020 No.17370934 >>17370588 I sold, I knew this was too good to be true, rebuy around $1.50

>>	Anonymous Fri Feb 21 13:33:02 2020 No.17371057 File: 626 KB, 1000x1000, 1581966349697.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Fri Feb 21 13:36:01 2020 No.17371114 >>17370934 Lol still too expensive for price feeder.

>>	Anonymous Fri Feb 21 13:49:19 2020 No.17371298 >>17370906 9 "decentralized" nodes got it wrong. What the fuck is the point of this shit if it still gets it wrong?

>>	Anonymous Fri Feb 21 13:54:38 2020 No.17371375 >>17370588 is it possible they are all pulling from the same data source?

>>	Anonymous Fri Feb 21 13:56:16 2020 No.17371399 >>17371375 yes which is why a decentralized oracle network makes no sense because you dont know if nodes are going to just be getting their data from the same source

>>	Anonymous Fri Feb 21 13:57:15 2020 No.17371411 File: 393 KB, 1016x703, B151D338-4A17-4D42-A155-1FD08474402F.png [View same] [iqdb] [saucenao] [google] It’s over...

>>	Anonymous Fri Feb 21 13:57:45 2020 No.17371417 >>17371399 the smart contract itself defines the data source

>>	Anonymous Fri Feb 21 13:58:30 2020 No.17371426 wtf is the point of 9 oracles grabbing data from the SAME source?

>>	Anonymous Fri Feb 21 14:00:35 2020 No.17371455 >>17371399 Each node is reporting a different price so I doubt it was the same source. It may also be on the website itself, the oracle data was good but the feeds.chainlink site was messed up (most plausible)

>>	Anonymous Fri Feb 21 14:01:06 2020 No.17371469 >>17370588 WTF MY DEFI TOOL JUST LOST ME $100MILLION COZ I SHORTED $XAG/USD SERGAY YOU TOLD ME IT WAS SAFE HOLY SHIT IM SHAKING

>>	Anonymous Fri Feb 21 14:12:30 2020 No.17371608 >>17371399 This. It's like having five mailmen all delivering copies of the same letter. Sure it's better than one but if the content of the letter is wrong it doesn't matter. It's not stable enough to run self executing smartcontracts based on that.

>>	Anonymous Fri Feb 21 14:41:03 2020 No.17371991 muh decentralized oracles, using one centralized api.

>>	Anonymous Fri Feb 21 14:42:42 2020 No.17372018 >>17371991 >>17371608 >>17371469 >>17371426 >>17371417 >>17371411 >>17371399 >>17371298 >>17371114 >>17371057 >>17370934 2 y e a r s