[dlc-dev] Economic incentives for oracles

[Chris Stewart]

Hi Lipton

One possibility is monetizing via lightning.

https://suredbits.com/payment-points-part-4-selling-signatures/

You can of course monetize with other more traditional models too such as a
credit card and access to X signatures per month or whatever.

-Chris

On Sat, Jan 30, 2021 at 4:24 AM Lipton Tea via dlc-dev <
dlc-dev at mailmanlists.org> wrote:

> Hey
>
> What are the economic incentives for oracles to maintain their reputation?
> An oracle in DLC does not know which (or even how many) users use them. I
> assume from this that it is not possible for an oracle to be rewarded
> financially for being used (getting a fee every time their signature is
> used to unlock a contract).
>
> So what are the incentives? Maybe maintaining good reputation of an
> associated business (e.g. exchange). Looks not very promising, because then
> why to become an oracle in the first place. Such an entity can not win
> anything, but can lose, so better not to participate.
>
> If this was discussed anywhere or if this mailing list is not a good place
> for such questions, please let me know.
>
> dlc-dev mailing list
> dlc-dev at mailmanlists.org
> https://mailmanlists.org/mailman/listinfo/dlc-dev
>
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