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208 sats \ 6 replies \ @Undisciplined 28 Nov \ on: Why sports oracles matter! Stacker_Sports

At some point, there's someone making the call.

I know @ek has spent a lot of time thinking about the oracle problem. Maybe he found an elegant solution.

Maybe multisig oracles would help.

I also had the idea that an oracle would only decide the outcome if you can’t agree with your counterparty on it but that only works if you actually have a peer as a counterparty and not a market maker.

63 sats \ 4 replies \ @Undisciplined 28 Nov

Right, and a peer that isn't a sore loser about it. People can behave very spitefully when they're losing.

23 sats \ 3 replies \ @ek 28 Nov

That's where bonds can come in. If you lie and the oracle decides against you, you lose your bond.

I still think p2p betting would be pretty cool where you know who you're betting against and nostr would make the integration of this social aspect quite easy.

I just need to accept that I don't have enough time to work on SN and some kind of prediction market. So delphi.market is on halt until further notice. Maybe I'll release some version on mainnet next year, haha

21 sats \ 2 replies \ @Undisciplined 28 Nov

At that point, many people will be put off by the complexity and expense.

30 sats \ 1 reply \ @ek 28 Nov

I think it just depends on the implementation. But maybe the oracle problem isn't that big of a problem anyway.

0 sats \ 0 replies \ @Undisciplined 28 Nov

There are probably clever designs that make everything feel simple.