How Reality.eth arbitration and disputes work.
5 FAQsNobody at Ringo. Outcomes are settled by Reality.eth, a decentralized oracle, and the voting happens in the open on the Ringo Truth Panel at panel.joinringo.xyz. Anyone can submit the answer to a claim by posting a bond, and anyone who disagrees can overturn it by posting a larger one. Ringo cannot overrule the result.
Go to the Truth Panel at panel.joinringo.xyz, find the claim, and submit the answer you believe is correct along with a bond. If your answer stands until the window closes, you keep your bond and earn from the resolution. If someone overturns it with a larger bond, you lose it — so it pays to answer only what you can actually verify.
Post a higher bond on the Truth Panel during the dispute window and the answer flips to yours. If the disagreement persists, it escalates to Kleros, an independent arbitration system that rules on the case. Payouts only go out once the answer is final.
Some claims turn out to be ambiguous or impossible to verify. When that happens the market is invalidated instead of resolved, and the committed funds are returned proportionally to the participants rather than paid to one side.
Every settled market keeps a public record of its outcome, the date it settled and the oracle question it was settled against. The full answer history — who submitted what, with which bond, and whether it was contested — is visible on the Truth Panel at panel.joinringo.xyz, so any result can be verified without taking Ringo's word for it.