Last night I was thinking about how rarely anyone can prove they called something before it happened, since a post can be edited or deleted. That led me back to Covenants from @Nillion , where a prediction could be sealed onchain and shown later exactly as it was.
What seems interesting is how little machinery sits around it. You seal an instruction to a condition, it waits unreadable, and when the condition turns true it opens and executes, with no bot to run and no keeper service. Dusk, the first release, is live on Ethereum mainnet, and anyone can run a node.
My hesitation is about the people running those nodes. If a threshold of them unlocks each instruction, what keeps them honest when the stakes get larger? And is a prediction or a sealed bid enough of a reason for ordinary users to try this?
Looking from the outside, #NIL feels like a project still finding its shape, with Dusk as era one of seven and more releases promised this year. I'm curious whether $NIL becomes useful through habit rather than announcements... anyway, time will tell👍
What seems interesting is how little machinery sits around it. You seal an instruction to a condition, it waits unreadable, and when the condition turns true it opens and executes, with no bot to run and no keeper service. Dusk, the first release, is live on Ethereum mainnet, and anyone can run a node.
My hesitation is about the people running those nodes. If a threshold of them unlocks each instruction, what keeps them honest when the stakes get larger? And is a prediction or a sealed bid enough of a reason for ordinary users to try this?
Looking from the outside, #NIL feels like a project still finding its shape, with Dusk as era one of seven and more releases promised this year. I'm curious whether $NIL becomes useful through habit rather than announcements... anyway, time will tell👍