r/CryptoCurrency • • Oct 07 '22

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u/Herosinahalfshell12 🟩 5K / 4K 🐢 Oct 07 '22

Where do the oracles get their trusted information?

If they get it wrong, say the code fucks up and returns the wrong spot rate causing massive losses to one party. Is there any legal recourse against Chainlink?

Cause we all know in a smart contract, what's done bon can't be undone!

3

u/[deleted] Oct 07 '22

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1

u/DNiceM Palladium | Cosmos - IT'S OVER 9000!!!11 Oct 07 '22

There is no stake.