| ▲ | LikesPwsh 7 hours ago | |
That's infamously known as the "Oracle Problem". Blockchain can't handle external state. Smart contracts abstract it a bit by having a trusted third party or an automated pricing mechanism, but both are fragile. | ||
| ▲ | PunchyHamster 6 hours ago | parent [-] | |
It's funny that it just re-invented stuff already used for old world finances, and just invented escrow with more moving parts while still requiring non-compromised 3rd party. | ||