Quote from: generalizethis on May 04, 2018, 09:17:28 AM

https://www.youtube.com/watch?time_continue=7041&v=xWAxgO85QxU

Developer creates P2P video streaming using just IOTA network (no internet). AFAIK this translates into other P2P use cases such as chat, settlement layer, etc....

I have to admit that IOTA is one of my hodling coin.

But I have a decent IQ, so my question is

the oracles are necessary to bring the real world data into the tangle, ok

The Blockchain has a project for decentralized oracles. Its name is Chainlink. Remember this name, because you will be shocked from its moon mission

Well Smart contracts can not interact with the real world data. Smart contract can only interact with on chain data. They need an adaptar for real world data.

The solution is Chainlink.

In Chainlink you stake your LINKS and if an oracle acts bad, it loses all its LINK tokens... this open the possibilities to have DECENTRALIZED ORACLES

WHICH NO PROJECT GET

The Oracle which provide the correct data is rewared with LINK tokens. All is very trustworty and trustless

IOTA HAS INTRODUCED ORACLEs in project... so this scaries me, because I am a Chainlink hodler.

My question is

In a sistem wich has no reward for the people who stake their IOTA, like the Tangle is supposed to be, how can they run a DECENTRALIZED ORACLE SERVICE?

WHAT HAPPENS TO THE ORACLES WHICH MAY ACT IN A BAD WAY? ORACLES WHICH MAY ACT AGAINST THE NETWORK INTERSTS?.

IF YOU ANSWER TO THIS HIGH IQ QUESTION, I WILL ADD EVEN MORE IOTA. I HAVE ALREADY SOME IOTA, I WILL BUY MORE AND MORE

Seriously can you answer to that question?

I am very exciting about IOTA, despite all the retarded FUD around internet, but I would like to know if their Oracle will be CENTRALIZED or decentralized

And if they will be decentralized, WHAT WILL PREVENT A MALICIOUS NODE TO ACT AGAINST THE NETWORK?

Lucacrebbe

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