read.cash Log in
@BehiverOnNoiseApp

What happens if a witness publishes a wrong price feed on the Hive blockchain? https://leofinance.io/@behiver/what-happens-if-a-witness-publishes-a-wrong-price-feed-on-the-hive-blockchain A witness on the Hive blockchain is responsible for publishing price feeds, which provide the current market price of the Hive token (HIVE) in other cryptocurrencies. This information is used to determine the value of HIVE for certain transactions, such as the conversion of HIVE to Hive Power (HP). As it happens to be and while I was browsing my list of voted witnesses, I observed that some of them (not from my last) have old price feeds and are not in line with what happens on the market right now. As I saw significant differences, one question popped into my head: What happens if a witness publishes a wrong price feed on the Hive blockchain? Can someone make use of that and manipulate in somehow the transactions to gain something from them?

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.