could you elaborate your analogy a bit further? very curious as to what this implies
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oracles are low in the defi stack oracles fail --> everything built on top of them fails like jenga, if something bad happens low in the stack, the whole thing collapses
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The chainlink army is all over my mentions, send help
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Incase you want something more dramatic than jenga as an example: https://mobile.twitter.com/ZonePhysics/status/1191760160227762178 …
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Oracle security delay -> Emergency shutdown -> redeployment = Oracle problem solved Getting the DeFi ecosystem upgraded to handle graceful redeployments will be a challenge, but it's not an unsolvable task.
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What security delay are you referring to? My CDP will already be liquidated by the time the system is shutdown & redeployed. As for emergency shutdown, who gets to vote for it? A few select holders who own most of the token supply?
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I prefer constructive criticism personally.
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What's not constructive about it?
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Oracles are crucial for the security of DeFi, but this is a problem that is being worked on We can decentralize oracles at the node operator and data sources level, and combined with binding service agreements with collateral lockup, we minimize any single point of failurepic.twitter.com/Num1cSI2OU
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Čini se da učitavanje traje već neko vrijeme.
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