Why would anyone use a decentralized oracle system?

Amazon Mechanical Turk is a proven and cheap solution to get crowds wisdom that's been used for over a decade. It only costs $0.020 for each mturk task. Why would anyone pay even 1 LINK for a single oracle request?

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because your mother is a prostitute.

Nobody is going to use chainlink. Enterprise providers will provide oracle service for a fee or perhaps even bundled with their service at their own expense. They won't use chainlink to get data since a network dependent on a token with speculative value and held by nobodies who can dump their shitcoin and still make gains vs. collateral loss, is inherently unstable and risky.

It’s the software you can add to it that is worthwhile.

Depends on your oracle request. You dont need to pay an entire LINK for it.

checked and correct

Even if I can use it for a cheaper price, how's it going to be better than mturk?

Mturk cannot feed data into blockchain.

Feeding data into blockchain is a trivial thing.

Not when it's done in a decentralised manner. With mturk you can only do offchain aggregation. If they start implementing onchain aggregation then they'll be building a chainlink clone

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wtf should I care about how data is aggregated? Mturk exists for that reason.

Its trustless. It will never make mistakes. Its automated. I could keep going, but you probably wouldn’t understand anyway. Dont buy LINK. I really dont give a fuck.

If I am gonna build an application I want a trustworthy datasource.

Stupid fuck there is no point in using smart contracts for anything if in the end you're trusting Amazon to give you data. Surprise, blockchain is not about being cheap and efficient, it's about being trustless.

Oracles will need to get their data from centralized places anyway. They will be Amazon, Google, Paypal or whatever APIs. What makes Chainlink more trustworthy than directly calling the APIs?

Do you understand how smart contracts work? You can't call an API from them by design. The only way to get data into a smart contract is to read it from some transaction. Transaction from whom? Single trusted party?
Instead of doing that, you make N people request the data, and make a transaction to the smart contract, while also staking their money on their answer being correct.

Well I can make a program within 100 lines if I want to save some API responses on Ethereum. It's trivial thing as I said and I don't need some over engineered solution like chainlink.

Younreally don’t understand the utility of decentralised ledgers and smartcontracts. «Why the fuck would anyone use bitcoin since we can just use usd cashlol» is an equivalent of your arguement.
Read the rules, the sticky and fucking lurk more

but you can trust amazon when it comes to giving you correct, untampered with data.
big companies do it all the time.

Bitcoin is trustworthy because of PoW and its blockchain. Does Chainlink provide Proof-of-X? Chainlink doesn't even have its own blockchain afaik.

This

No, nobody trusts large sums of money on a single api call now. Not even when it's an API of Amazon. Everything has a human in the middle. Smart contracts are going to change that, but to do that, we need trustless way to get data into blockchain, to do _irreversible_ transactions between parties.

How many are you holding?

>trustless way to get data into blockchain
i'd trust my own program more than a group of anons

You've already shown that you're incompetent user. If you're really a software engineer I advice dive into Blockchain internals and read the link whitepaper.

I am a literal blockchain engineer who created a blockchain from ground up. I see no value of getting data into blockchain in a trustless way as it is a builtin feature of any cryptocurrency.

Couldn't you just use a json parser to do the same thing?

No. Stop lying.
You are a bad person user.

Not an argument.

The whole point of cryptocurrency is about saving data in a decentralized and trustless way, regardless it's a piece of JSON or some token transactions. Bitcoin achieved that through PoW. PoS coins achieved that through PBFT.

What really makes Chainlink nodes trustworthy?

Dude. Trustless in the sense that you can trust it 100% because you dont have to incorporate "trust" with the other end. Why are you fighting this so hard?

How are chainlink nodes trustless when they rely on centralized data sources? I am just trying to figure out what you guys are really into. Chainlink is a good concept maybe for a grad paper, but a business that's worth 400 million.