Thomas Smyth

@tjcsmyth @adikamdar @pmarca Even if the market is decentralized, how do events get adjudicated?

@gasnerpants @adikamdar I think the idea is that there's some oracle or oracle(s) that are treated as authorities http://gendal.wordpress.com/2014/06/10/ 

@tjcsmyth @adikamdar Surely this stretches the notion of "trustless"

@gasnerpants surely - interesting part of "decentralized" for actor like @Intrade is being beyond regs, not beyond Bloomberg ticker

@tjcsmyth @Intrade but attacks on the oracles are likely to be much easier than attacks on the blockchain

@gasnerpants @intrade so question is: if I bet on Hillary, and she wins, but our source is NYT, how do I ensure that NYT is not hacked

@gasnerpants @intrade in this instance, what about multiple oracles, corroborating the info? so aggregate 100+ independent news outlets

@tjcsmyth @Intrade how do you think that will fare against a state actor