MAKER ORACLE FAILURE

After suffering a predictable oracle failure and doing nothing to fix it, MAKER devs say they should not integrate Chainlink and instead claim, in the same thread, that Chainlink will just copy them.

HAHAHAHAHAHAHAHAHAHA

The absolute fucking state of Maker devs

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Other urls found in this thread:

forum.makerdao.com/t/11-25-20-oracle-outage-post-mortem/5547
medium.com/aave/crypto-black-thursday-the-good-the-bad-and-the-ugly-7f2acebf2b83
twitter.com/ChainLinkGod/status/1238974092847378432
twitter.com/SFWRedditGifs

this is how u know crypto is immature. sergey is the only real man in crypto

The responsible thing to do would be to admit failure and integrate a working solution.

Insiders at Maker must be planning an attack on some contract within Maker's system and make off with hundreds of millions in Ether

They dont want a solution because they are the people making money

MKR is trash-tier anyway. who cares

He's fighting hard for his job, so good on him. What I'd like to know is what happened to Mario Conti who seemed to be hinting for sometime that Maker would integrate Chainlink and then suddenly disappeared.
Maybe lost the internal battle and left?

Chainlink has already won. Everything else is cope.

Makes was using oracles while Chainlink wasn't shat into the world by Sergey. They can't even dare to make a proposal to be used by Maker because they know they will be humiliated. That's the problem with DAOs, you can't bribe their founders into using your piece of shit centralized oracle.

it's clearly stated in that specific thread that they intend to monetize their own MKR oracle feeds. makes sense that they're so defensive.

just wondering why nobody has forked MKR and just slapped LINK oracles on it. it'll be another Sushi eats Uni scenario.

forum.makerdao.com/t/11-25-20-oracle-outage-post-mortem/5547

>just wondering why nobody has forked MKR and just slapped LINK oracles on it
I like that idea hopefully someone does

Mm actually there is he is that the Maker thread (user name: nanexcool) oddly saying "praise Sergey"???

>I agree, the Oracle Team strives for 100% uptime as goal. Our entire design philosophy is built around optimizing resiliency through redundancy. Even with this incident, the Maker Oracles have a 99.9% uptime record which is better than Chainlink can say about their Oracles after their Black Thursday outage (and doesn’t include other outages that they haven’t publicized).
isn't it the opposite? maker crashed on black thursday while link kept updating by paying a shitload in gas

SOMEBODY CALL ANDRE

Chainlink did fail on Black Thursday, see here: medium.com/aave/crypto-black-thursday-the-good-the-bad-and-the-ugly-7f2acebf2b83

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>In particular, the MakerDAO oracle reported an invalid ETH/USD price for many hours, while oracle operators were trying to unravel the tangle of stuck transactions created by the increased demand on the network. This caused a lot of confusion for multiple actors of the system (users, keepers, refinance apps) that ultimately contributed in Maker losing 4M+ USD of collateral to 0 bid auctions (more on this later).

>The Chainlink oracle infrastructure held up relatively well during the crisis. Specifically, prices of the Chainlink reference data contracts were stuck at the beginning of the event due to operators not being able to push their transactions through. Operators had to unwind the transactions previously submitted using normal gas prices and push emergency transactions to keep the fees updated, with extremely high fees. Nodes remained stuck for approximately two hours, while prices were slowly being submitted.

what kind of mental gymnastics is that tard doing to spin this as maker's oracles being better when it's another example of them getting rekt lol

lol the absolute hubris... it's wonderful to see. I can't wait for their oracles to fail again. Same with compound. The egos on these guys are massive.

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That article you posted specifically says chainlink didn't fail it was the ethereum network that failed by being too clogged. That same article also specifically says Maker DID fail.
What kind of retard are you? Did you even read what you linked to?

Holy shit not even comparable MKR got fucked

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They’re unprofessional and are arrogant.
They’ll learn the hard way, for sure.

this basically. It's becoming increasingly obvious that groups militantly unwilling to adopt ChainLink are bad actors deliberately causing these failures to make off with the cash. The ridiculous fanboy "For YEARS" response is even more of a red flag

>arrogant
>blinded by contempt
>stuck in their ways to the detriment of their users
maybe not straight to 0 but to 0 nonetheless
many such cases

Absolute bullshit. The chainlink feeds did not fail. They were the most up to date of all the oracle solutions on that day, the node operators just got RAPED by fees. However the fact they were willing to get raped to maintain their reputation (future profits) shows the game theory at work perfectly in link and why it is the most sybil resistant and resilient solution.

Sir gay? Sounds like a poofta

Right, they both failed. Chainlink for two hours.

Here's your demigod CLG explaining the failure: twitter.com/ChainLinkGod/status/1238974092847378432

I dont give a fuck about twitter and i dont give a fuck even more about that abaolite fucking cringe normie faggot.

Go back to twitter and stop sharing it here bitch

> the fact they were willing to get raped to maintain their reputation
How far we have come from our days in the desert my Christian brothers!

I've held LINK longer than you, I just don't get why it's bad to admit that Chainlink failed there. They've learned from it though, not the end of the world. Just like the xau/xag thing, live and learn.

same with that leshner fuck, gonna be found lying in some minecraft ditch with his knees shattered if he doesnt wise up

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It was a failure on eths behalf you cret. Thats the bottleneck. The other oracles failed because they were shitty solutions. Link kept up extremely well, and the only bottleneck was ethereum.

Hence the race to make Tsigs and roll out abritrum. Both which were in the plan long before this date. Link in a beta incomplete form literally did better than every other oracle solution combined that day.

Chainlink didn't fail. About half of the nodes just went offline after spending thousands in gas costs and running out of ethereum. The feed kept updating on the remaining half of the nodes.

This is a problem of ethereum and not LINK. upcoming Arbitrum mainnet solves this.

Ego