Comment on U.S. Government Starts Pushing Economic Data Onto Blockchains as 'Proof of Concept'
towerful@programming.dev 21 hours agoYes. I’m laying on the sarcasm heavily.
I presume that’s what these oracle services provide.
Essentially hosts the us governments GDP NFT, so you can right click and download it just like every NFT crypto bro hates you doing.
Whether its actually the US Government hosting the file, or these oracle services hosting it… It doesn’t matter.
Why not just host the files on a government website with appropriate file hashes (so users can verify the file is still the same), let the internet archive and the national archives take a snapshots of the files and pages and hashes etc… ? That’s a well regarded site archival system, and the governmental archival system. Has redundancy, pedigree and public acceptance.
Fuck it, publish just the hash on some block chains so the “fingerprint” of the report is immutable. But call it what it is.
The report isn’t “published on the Blockchain”.
It is linked from some blockchains.
There is still a file hosted by some servers.
You can’t download your favourite blockchain, take it to the top of Mount Rushmore with no internet and inspect the US GDP figures without first downloading the file linked in the block chain.
Blockchain oracles are entities that connect blockchains to external systems, allowing smart contracts to execute depending on real-world inputs and outputs. Oracles give the Web 3.0 ecosystem a method to connect to existing legacy systems, data sources and advanced calculations.
Corkyskog@sh.itjust.works 14 hours ago
Who is getting the contract for this waste of money?
BarneyPiccolo@lemmy.today 1 hour ago
Whoever paid the biggest bribe.