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Started By
Message
1
Posted on 6/13/21 at 9:40 pm to tigerpawl
quote:
Why isn't Binance available to Louisiana residents? It will not accept Louisiana addresses. WTF?
Never really paid attention, but I think that's been discussed/known.
Posted on 6/14/21 at 7:44 am to TigeRoots
So Celsius and Nexo liquidated users today because of faulty price data feeds. When will these platforms learn the importance of using Chainlink?
Posted on 6/14/21 at 8:05 am to CE Tiger
Question - if someone like Celsius incorporates the Link oracle to avoid that issue, where would the token come into play? Would they need to use the token every time they pulled price data?
Posted on 6/14/21 at 8:13 am to CE Tiger
quote:yeah I saw that tether was showing as being worth 1 cent on coin market cap for like an hour this morning.
So Celsius and Nexo liquidated users today because of faulty price data feeds. When will these platforms learn the importance of using Chainlink?
Posted on 6/14/21 at 8:31 am to TigerTatorTots
Correct, they pay with link to pull the feed.
Posted on 6/14/21 at 8:35 am to eng08
Anyone have any thoughts/opinions on AMP?
Posted on 6/14/21 at 8:38 am to eng08
lol no they don't
it's just middleware.
it's just middleware.
Posted on 6/14/21 at 8:42 am to rocket31
Posted on 6/14/21 at 8:45 am to rocket31
Btc doing what it needs to do to turn the market around. It’s very close to pushing through and has momentum. Sustaining 42k+ for 4 hours will cause some movement.
Posted on 6/14/21 at 8:49 am to rocket31
quote:
w Celsius already used chainlink Oracles
Not based on what happened today
Posted on 6/14/21 at 8:52 am to CE Tiger
chainlink Oracles have failed before and they paid off millions for the error so there's already precedence of this happening already
who are Celsius and nexo blaming on the price feed failure?
who are Celsius and nexo blaming on the price feed failure?
This post was edited on 6/14/21 at 8:53 am
Posted on 6/14/21 at 9:10 am to Tiguar
Yeah, I'm really hoping bitcoin can punch above 42 for a bit to be the tide to help raise the other ships. We need a window of positivity to get things going green again.
Posted on 6/14/21 at 9:15 am to Ross
I don't follow the releases and roadmaps like I used to, but much of the smart contract functionality of the Bitcoin blockchain was limited by the culling of the "OP_Codes" in the codebase. This happened right around the time that the great debate on block size and SegWit was taking place. Ultimately it was decided that this functionality was too much, too soon, IIRC.
The OP_CHECKLOCKTIMEVERIFY is still used, and makes it possible to write scripts that prevent funds in a multi-sig wallet from being spent until a certain signature pattern is implemented (or a certain amount of time passes). But its not dynamic enough in and of itself to support a true smart contract. This was released in BIP 65, by Peter Todd. There also used to be something called the Mutually Assured Destruction (MAD) escrow framework that some Bitcoin companies were trying to roll out that locked funds in a multi-sig wallet until all of the parties sign off on the transaction. I'd surmise it hasn't been all that successful.
My understanding though, is that prior OP_Codes need to be re-implemented and new ones introduced to support smart contracts.
The OP_CHECKLOCKTIMEVERIFY is still used, and makes it possible to write scripts that prevent funds in a multi-sig wallet from being spent until a certain signature pattern is implemented (or a certain amount of time passes). But its not dynamic enough in and of itself to support a true smart contract. This was released in BIP 65, by Peter Todd. There also used to be something called the Mutually Assured Destruction (MAD) escrow framework that some Bitcoin companies were trying to roll out that locked funds in a multi-sig wallet until all of the parties sign off on the transaction. I'd surmise it hasn't been all that successful.
My understanding though, is that prior OP_Codes need to be re-implemented and new ones introduced to support smart contracts.
This post was edited on 6/14/21 at 1:14 pm
Posted on 6/14/21 at 9:18 am to alpinetiger
Richard Heart said yesterday that there won't be much of a warning for the Pulse Sacrifice start (was supposed to last a month...I'm starting to think it won't be that long anymore).
Have your coins in a decentralized wallet and be ready (you should have already flipped your coins for hex if you were smart to sacrifice).
https://pulsechain.com/
Have your coins in a decentralized wallet and be ready (you should have already flipped your coins for hex if you were smart to sacrifice).
https://pulsechain.com/
quote:
Interoperability "Bridging"
ETH can be traded on the Pulse network and PLS can be traded on the Ethereum network. Bridging can also be done to other smart contract capable networks.
ETH on PulseChain: You can send ETH to the PulseBridge contract on ETH which locks it and issues pETH (pulseETH) on PulseChain at a 1:1 ratio.
PLS on Ethereum: You can send PLS to the ETHbridge contract on PulseChain which locks it and issues ePLS (ethPulse) on the Ethereum network 1:1. This can also work for ERC20s.Trading
Thousands of ERC20 tokens on PulseChain can trade on PulseChain's Uniswap and similar at launch, since Ethereum's state is included.
There will be an ePLS:ETH pair on Uniswap on the Ethereum network & a pETH:PLS pair on Uniswap on the PulseChain network.
There may be ePLS trading pairs on other smart contract enabled chains.
Exchanges may list PLS and any of the thousands of tokens on the PulseChain network.
This post was edited on 6/14/21 at 9:27 am
Posted on 6/14/21 at 9:18 am to rocket31
quote:
who are Celsius and nexo blaming on the price feed failure?
Not sure but it ain’t Link based on the historical price feeds
Posted on 6/14/21 at 9:29 am to CE Tiger
yeah they're saying "3rd party" which leads me to believe they're contractually obligated to keep it quiet
someone fricked up
someone fricked up
This post was edited on 6/14/21 at 9:30 am
Posted on 6/14/21 at 9:29 am to eng08
quote:Wouldn't that get very expensive?
Correct, they pay with link to pull the feed.
Posted on 6/14/21 at 9:41 am to rocket31
This was their reply to me on Twitter
quote:
Hi there! Actually, Celsius had zero liquidations. Our team manually reviewed each borrower's loan status, and we personally reach out if a loan has a margin call to provide our borrowers with time and options to avoid liquidations. And, @chainlink price feeds are coming soon :)
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