vinay on the oracle problem
via vinay gupta tweet [https://twitter.com/leashless/status/1681230703030157312?s=20] which just links to this jan 2022 article – The Best of Both Worlds: Solving Doctorow’s Oracle Problem – [https://medium.com/humanizing-the-singularity/the-best-of-both-worlds-solving-doctorows-oracle-problem-3287cda2e48b]
First, What Is An Oracle, Anyway?
An oracle is just a provider of data. An oracle gives smart contracts answers to questions about the world..t In most cases, without an oracle supplying information, there would be no way for a smart contract to be able to know the things it needs to know in order to do its job.
perhaps we’re (have been since forever) listening to the wrong data (even questions are cancerous distractions).. need to try self-talk as data as global detox/re\set
[https://en.wikipedia.org/wiki/Oracle]:
An oracle is a person or thing considered to provide wise and insightful counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. If done through occultic means, it is a form of divination.
The word oracle comes from the Latin verb ōrāre, “to speak” and properly refers to the priest or priestess uttering the prediction. In extended use, oracle may also refer to the site of the oracle, and to the oracular utterances themselves, called khrēsmē ‘tresme’ (χρησμοί) in Greek.
Oracles were thought to be portals through which the gods spoke directly to people. In this sense, they were different from seers (manteis, μάντεις) who interpreted signs sent by the gods through bird signs, animal entrails, and other various methods
The best of both worlds: Oracles that work
So we’ve looked at the problems of connecting blockchain systems to the real world: reliability and anonymity break down, and the core benefits of the blockchain are diluted.
makes no diff if ‘both worlds’ are still in sea world.. need a way to get out .. hari rat park law et al
So that’s one end of the pragmatic solutions to the Oracle Problem in the blockchain space: highly automated systems for doing things like price feeds using trusted computing hardware to guarantee data integrity.
oi.. makes no diff if (all data to date) non legit
Mattereum operates all the way at the other end of the automation landscape: we rely on domain specialists such as curators, art historians and collectors to evaluate physical items..t These physical items are being sold as NFTs!
what we need to do is let go of all the inspectors of inspectors ness.. any form of m\a\p
need 1st/most: means to undo our hierarchical listening to self/others/nature as global detox/re\set.. so we can org around legit needs
then we trust that itch (as oracle or whatever).. but not about prediction ness.. about itch ness..
for that need ai as nonjudgmental expo labeling
ie: imagine if we listened to the itch-in-8b-souls 1st thing everyday & used that data to connect us (tech as it could be.. ai as augmenting interconnectedness as nonjudgmental expo labeling)
Remember I said “things are weakest at the joints” — well, in this case, there are no joints.
The legal, technical and financial transaction are a single transaction, there’s no way to wind up with a thing half-insured or stuck in an indeterminate state waiting for more paperwork. It’s a “performative speech act.” You say “make it so” and it is so!
That will stand up in court in 160+ countries because of the arbitration framework described above. It’s not an end-run around “the system” — it is an extension of “the system.” It’s a bridge! The legal system and the blockchain system can, with due care, work as one system.
oi.. again.. need a way out.. not a better way to keep in (sea world)
In the beginning, Cory asked “why isn’t this just a contract?”
The answer is “it is a contract, but it’s a contract embedded in a Ricardian context — one half in the world of automated smart contracts, and the other half in the world of courts.”
If you do it right, when you put legal contracts on to the blockchain, you get the best of both worlds, .. t and that’s what we did.
again.. makes no diff if.. both world’s still in sea world.. just more cancerous distraction
need a way out
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