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keiserpepe1 karma

How much did Omni (mastercoin foundation) pay you to use them for AMPs? Why do we need to have "decentral airbnb, ebay ect" when we are going to still depend on human interaction "oracles" that can be corrupt? How does your group define what an "oracle" is? Can you tell us what a "smart contract " is?

keiserpepe1 karma

"What protocal would you have gone witth?" I will just ask again since you just answered with a question. Why do we need to have a decentrail airbnb ect, where is the scientific research that shows the abuse will be any less than it currently is in regards to gaming repuation and other systems?

If you rely on a repuatation mechanism, then that is where the game is, can you show use scientific research that shows that being decentral, using oracles, and smartcontracts has less abuse than a website?

How would you define what a smart contract is?

How would you define what an oracle is?

keiserpepe1 karma

Where is the documentation to this Sybil reslient repuation system?

keiserpepe1 karma

I want to know what your definition of the word oracle is, given that in other discussions people from Synereo asked the question of others "where did you get your definition of an oracle?". Should be simple to just clear that right up. If a smart contract is a protocal than bitcoin is a smart contract, ok. It is very relevant to see what exactly you mean. So far I dont know what you mean. Simply that people will set them up in "different ways".

keiserpepe1 karma

I got the idea that your system reduces abuse, from your system. It is listed somewhere as an advantage. Therefore it should be simple enough for you to explain what you mean. There are many ways to abuse airbnb, having a dirty house, false pictures, and so on. I arrive at the house , smart contract pays, but later I find the toliet doesnt work and now it overflowed crap on my shoes. I try to call someone but they dont answer, why should they? They have been paid via smart contract. If they get paid after the fact then I have the same issue as someone offering an apt. I offer my apt and someone rekts the whole place, they wont pay, what now? Well, I would have to use some kind of centralized system in this case, so I ask why do I need the decentral one in the first place in this example I have no advantage and in fact have more risks.

A dispute for any smart contract, how would that be handled? I asume like this "in different ways, for different reasons, including just how "hands off" they want it to be." am I correct here?