>But if you must trust the source, what difference does it make if you feed that trust-required data through a trustless oracle?
Again, you have no idea how oracles work.
Polkadot is a bet on a polychain future...
You have no idea how Overledger works.
How hard is it to understand such a basic concept? Oracles validate external data input, but much of the data fed to oracles is not trustless and it's impossible to make it so. Oracles therefore cannot validate whether the data they've received is true or not.
Overledger is the step before oracles or any other blockchains. An extremely easy and interoperable way to input and retrieve data. And that's what enterprises are desperate for, as the biggest cost, time and security benefits come between those steps when the data is on the blockchain itself.
If you don't get it at this point, just wait and see what kind of adoption Overledger has and what that does to the value of QNT via the tokenomics model. But don't be surprised when enterprises are more than happy to skip the use of oracles and avoid directly connecting to blockchains in many cases.
It's sad really that the crypto community echo chamber has created a set of beliefs that are so far detached from reality. It's no surprise that something like Overledger has came from a team with a huge corporate and enterprise background who will know what businesses are looking for more than anyone.
It's business 101: Don't create something and try to force it on enterprise. Instead, listen to what enterprise wants and then create it to provide a solution that does what they're looking for. Do the latter, and you get Overledger.
>You have no idea how Overledger works.
I haven't said a fucking word about Overledger.
You on the other hand have made several direct statements about oracles, clearly showing you know nothing about them.
money is softcare in this case. parity handling of both of their multisig bugs was unacceptable and shows hubris
if you're just a stinkie trying to pump your bags, carry on. i get the desperation
but for the love of god people, if you're going to fall for a meme, buy LINK, not DOT. at least you'll be at home with the other retards of this board
Gavin did write Ethereum, which is pretty successful and battle-tested.
Is polkadot just a holo clone?
lmao write another 1000 word essay
still doesn't change the fact that you don't know what oracles do
>You do realize that if centralized systems are connected to decentralized blockchain networks, there has to be a connector somewhere, right? There must be an interface that merges the two at the point where centralized data turns into decentralized data and vice versa. You cannot get rid of this.
Hello sir, do you have a moment to talk about our Lord and savior Chainlink?
I don't know user, I'm pretty deluded.. I think I'm starting to get the picture