It takes a lot for cryptocurrency to surprise me, but:https://www.trustnodes.com/2020/02/15/flashloans-the-crazy-new-invention-of-magic-internet-money …
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The short version: They’ll allow you to borrow millions of dollars for up to ten minutes if you code a smart contract that programmatically guarantees, atomically, that you will repay the millions of dollars in those same ten minutes.
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“What user need does this serve?” Leverage on the side effect attacks you’re making on other market participants. That’s no longer a hypothetical use case, either. (See article.)
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I thiiiiiink you must be able to use these primitives to effectively assert irrationality of 1+ participants in cryptocurrency ecosystem, paying gas cost ($10 or so) if the blockchain-based theorem solver judges your asset as unsatisfiable and “arbitrarily high” otherwise.
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*assert
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