Post
Topic
Board Tokens (Altcoins)
Re: [ANN] æternity ∞ AE ∞ TESTNET live [PoS x PoW | Smart Contracts | Merkle Trees]
by
gigq
on 26/03/2017, 18:45:03 UTC
Reading through the white paper now. I do think the idea of verified oracles in the blockchain makes sense. However it looks like there is no reward or incentive for users to become oracles.

For example you have to post aeon to be an oracle, and depending on how far out in the future your answer is you have to use more aeon. If you answer the question you simply get back the aeon you posted so no net gain. If you fail to answer the question or if others (the majority I assume) conflict with you on the answer then your aeon is burned.

Even in the case where you did everything right, you are still locking up your aeon for a potentially significant period of time. I guess I'm just trying to figure out what the incentive is for being an oracle as it seems like it is all downside from the oracle's perspective.