In Chainlink 2.0, the “solution” to the problem that trusted oracles can collude and feed incorrect oracle answers into the blockchain is to have

What’s Wrong With the Chainlink 2.0 Whitepaper? (For Simpletons)

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2021-06-12 11:00:07

In Chainlink 2.0, the “solution” to the problem that trusted oracles can collude and feed incorrect oracle answers into the blockchain is to have another group of even more trusted oracles be responsible for punishing the first group. You can now do something else with the rest of your day.

Ok. I realize that right now I’m probably communicating with a giant army of people (LINK marines) who, for the most part, proudly self-identify as belonging on the far-left end of the IQ bell curve.

It means I’ll try to explain things in an as thoughtful, intuitive and simple manner as possible. If you feel at times as if I’m speaking to you as if you were a young child, or perhaps a golden retriever, this is exactly my intention.

The reason I need to be “pedagogical” is because the Chainlink 2.0 whitepaper is written by a rather impressive lineup of members of academia.

How can I then claim the authority to go against the word of this man? What of my merits could I possibly demonstrate to make anyone trust my word over his?

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