Augur developers have introduced the second version of the decentralized prediction platform with support for new features designed to improve the user experience, increase speed and reduce costs.
According to the announcement on the project's website, the contracts of the second version of the Protocol were launched in the main Ethereum network and successfully verified via Etherscan.
One of the main innovations in Augur v2 is the conversion of rate calculations to the dollar equivalent. In the first version, calculations were made in ETH, which increased the risk of losing funds due to volatility. Now users can use the Dai stablecoin for calculations.
In a comment to the Block, Augur chief operating officer Peter Vecchiarelli noted that if previously interaction with the platform required the installation of specialized SOFTWARE, after a complete redesign of the user interface, this can be done directly in the browser.
The developers also added new mechanisms to prevent the creation of "invalid or intentionally unclear markets". It is assumed that due to this, fraudsters will no longer be able to take advantage of "invalid" bids. Such bids occur, for example, when the Creator of the market does not specify an explicit end date, adds an unclear description, or includes grammatical or language errors, which may cause the actual meaning to be distorted.
In addition, Augur v2 now supports the p2p network for exchanging 0x Mesh orders, Uniswap price oracles, and the Interplanetary File System (IPFS) communication Protocol.
