Snopes meets Mechanical Turk: Announcing Reality Check, a crowd-sourced smart contract oracle

  • You or your contract can ask a question and get an answer to it.
  • People who give the right answer make profits.
  • People who give the wrong answer make losses.
  • Gas costs are reasonably low, particularly for correcting false information.
  • Resolution is cheap and reasonably fast for the typical case.
  • Resource-intensive resolution processes are possible, and are funded by people who are wrong.
  • The system for arbitration — the final word about what is true — can be chosen freely and easily switched. You can use something centralized, distributed or experimental-game-theoretical.

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Founder, Social Minds Inc. Work on Realitio

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Edmund Edgar

Edmund Edgar

Founder, Social Minds Inc. Work on Realitio

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