Komodo Oracle

Mommy made tendies, I'll read later and see if this debunks or is just a "but what about xyz obscure scenario" spreading

Based and longpilled

Bump for bumps

Under their system if BTC moons more than 1% they'll reject the data and throw it out, making that whole idea worthless. They also say that in other blockchains you can send as much fake data onto the network as you want without considering chainlink's penalty system.

you could have actually tried to fud OP

> 1.) I don't understand this
Doesn't need rebuttal
>2.) How is miner incentivised to provide correct data
Block reward
> 3.) what-iffery
> 4.) basic English comprehension
> 5-8.) truth doesn't need to be binary. Use BTC price as example, there is no one price, but we have consensus around the truth by observing exchange prices. We can ignore a bad actor's "exchange" which is x% outside the mean, remember the Korean premium artificially inflating the CMC reported price? This is that exact scenario

> I don't have any idea what they actually wrote about
the post.

Any platform named komodo is typically junk. There's an rmm IT platform that sucks too. It's amusing to see all these projects suddenly realize the need for oracles and thinking they can solve it in a weekend. No one is blowing out Sergey Steve and Ari Juels

>The tolerance is set to 1 percent of the prior price, and it is indeed possible for the price to move more that this during one block. In a real-world scenario, the price reported by the oracle would lag slightly behind the actual price during extreme volatility

at least you tried, enjoy those bags retard