To this guy DECO is not for bringing off chain data on chain, DECO is for cryptographically ensured private and truthful transfer of non-immutable (non-blockchain) ledgers or events (data) to applications running in a decentrilazed, zero trust environment. DECO allows a contract to be deployed running software that can: provide a cryptographic proof of the validity of off chain data, verified via the Chainlink network, to smart contracts running in an environment where the end user can know the protocol, the node operator, and the protocol developers don't have access to any information they don't need to. This is what ari Juels demonstration with Alice and Bob proving that Alice had more than $600 in her bank account to Bob, without revealing how much money she did have or her bank info, instantly, was meant to convey. DECO is software to provide trust-less access to time sensitive off chain data by high stake time sensitive on chain contracts without compromising security for the end user. It improves the bridge between legacy computing and new distributed computation.
To this guy >>22830713
what i dont get about this and uncollateralised loans is if i prove to 3 different people i have $1000 and they all let me take a loan and then I am liquidated how do they distribute my remaining assets. Or rather how do they also ensure I'm not duplicating collateral
t. midwit
> I have to defend myself in a new thread
I'm a linkie but do cucks really
DECO is not limited to the scope of uncollateralized loans, which would be an application that utilized DECO proofs to formulate some form of credit score for the loan. I believe you are taking "three person handshake" too literally
Perhaps I have a life and I was doing something else when the old thread pruned you twat? Contribute info for newbies or gtfo
Dude we don't even have staking yet
This DECO mumbojumbo is probably years away
Its all the same package of features aimed at making enterprise be able to actually use block chain, it's the end goal of the ethereum enterprise alliance and what the rich have wanted from Chainlink and blockchain automation from the beginning (read Klaus Schwab's The Fourth Industrial Revolution", Klaus Shwab is founder and chain an of the World Economic Forum.) Microsofts Baseline Protocol, Oracles Integration announcement soon, Sergey speaking at WEC, it's all coming in the next 6-18 months. Stack your bag, because speculators have never been abls to move chainlink price. All recent upward trend are the big boys deploying their projects.
>Perhaps I have a life
gfto reeeeee
no one cares about Ari Juels and friends latest cash cow bro
>gtfo reeeee
Never, my girlfriend wants me to leverage your and the other posters autism to make ourselves rich and I'm gonna do it. Link is the way, I'm trying to share info with the unaware.
> read something that was ghost written by a WEF staffer
if we do that we might get the sheeny curse