>using ad hominem because you fail to realize I agree with you.
Guys
Literally open the white paper
ctrl - f, search "penalty"
4 results
" ChainLink nodes then choose whether to bid on the proposal or not, with the contract only accepting bids from nodes that meet the SLA’s requirements. When an oracle service provider bids on a contract, they commit to it, specifically by attaching the penalty amount that would be lost due to their misbehavior, as defined in the SLA. Bids are accepted for the entirety of the bidding window. Once the SLA has received enough qualified bids and the bidding window has ended, the requested number of oracles is selected from the pool of bids. Penalty payments that were offered during the bidding process are returned to oracles who were not selected, and a finalized SLA record is created. When the finalized SLA is recorded it triggers a log notifying the selected oracles. The oracles then perform the assignment detailed by the SLA."
>Section 5.2 Reputation System, page 17 and 18
Amount of penalty payments: If penalty payments were locked in to assure a node operator’s performance, the result would be a financial metric of an oracle provider’s commitment not to engage in an “exit scam” attack, where the provider takes users’ money and doesn’t provide services. This metric would involve both a temporal and a financial dimension.
High-reputation services are strongly incentivized in any market to behave correctly and ensure high availability and performance. Negative user feedback will pose a significant risk to brand value, as do the penalties associated with misbehavior. Consequently, we anticipate a virtuous circle in which well-functioning oracles develop good reputations and good reputations give rise to incentives for continued high performance.
Oh no no no no no no no how will linksharts ever wipe again
>When an oracle service provider bids on a contract, they commit to it, specifically by attaching the penalty amount that would be lost due to their misbehavior, as defined in the SLA
>specifically by attaching the penalty amount that would be lost due to their misbehavior
LINK BRIANLETS BEETEEFOOOO
Sir, you are misbehaving sir. Sir if you continue sir, your attached penalty amount sir would be lost sir due to your misbehavior sir as defined sir in the SLA sir
it's alright guys the singularity is still on
github.com
kekd
Always knew pajeetlets were behind this scam coin