This is awesome!
I tried to create a market on US Politics but it seemed only one question was available.
Will the Oracle votes be transparent? (Just in case Oracles vote for something that is clearly incorrect and well publicized).
You are viewing a single comment's thread from:
You can create a custom market (underneath the categories) just be specific about what it is and where to verify, and yes everything is recorded on the blockchain, including Oracle actions. There's also a reputation system and monetary incentives for Oracles to be correct, so and "bad apples" should be out very quickly.
Automatic reputation or manual reputation system? Say some oracles decided Trump won the election when Biden clearly is the president at this very moment. Do they automatically lose reputation or do people have to manually see that and take action.
If it's the latter.... woof. Good luck! I think we all know people are apathetic at the best of times.
It's based on who wins the market and which oracles chose incorrectly. You get +1 rep for choosing correctly, and -10 rep for incorrect.