250 sats \ 4 replies \ @ek 17 Nov 2023 freebie \ parent \ on: Stacker Sports - Meta Meta Takeover Takeover - Degenerate Corner meta
Yes, you're understanding right.
I could use a majority agreement, but I already have a timing problem with the "P2P oracle": how long should the timeout be, when one party will simply win because their counterparty didn't show up?
If I use a majority agreement, that gets even more complicated for not enough benefit imo.
And that could definitely introduce risks of oracle abuse. Something I want to avoid as much as possible.
I also like to keep the P2P vision alive, even though it will be a centralized service :)
That makes sense. I'm trying to think through how to save you any manual work.
What if it were hierarchical?
- If both parties agree, stop;
- If they disagree look to other instances of the event for majority agreement;
- If no majority agreement, manual check.
I guess the risk opens up between 1) and 2), if someone uses a bunch of different accounts to set the wrong majority view.
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That makes sense. I'm trying to think through how to save you any manual work.
That's very nice of you and a natural view. I know that I didn't start working on my prediction market for a long time since I believed it's not going to scale anyway.
I believe there aren't a lot of projects around this because of this problem or assumption.
But I don't want to scale "to the moon". I just want to build something that can be improved over time. Show what works and what doesn't work. Keep it simple. Premature optimization is the root of all evil :)
Also, this manual intervention doesn't scale across markets. But it does scale within a market. I just need to make the decision once per market and then every trade can get settled. And if I have the problem that there are too many markets: That's a good thing! This means there is indeed a lot of demand.
And with a lot more demand, a lot more ideas will come - at least that's my hope, haha
I guess the risk opens up between 1) and 2), if someone uses a bunch of different accounts to set the wrong majority view.
Yep
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That's all very interesting. I don't have many outlets to think through these kinds of problems, so it's fun to bounce my ideas off of you. I know you had already thought through all those issues.
I'm glad you're not making perfect the enemy of completed.
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That's all very interesting. I don't have many outlets to think through these kinds of problems, so it's fun to bounce my ideas off of you. I know you had already thought through all those issues.
Most likely not through all of them, so keep them coming :) It's also good to see others having the same thought process. Gives me confidence that what I am thinking does not have some obvious flaws.
I'm glad you're not making perfect the enemy of completed.
Sometimes I still feel like I am
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