Read Augur (REP) News, Price Prediction, Opinion and Analyses Created By Users

Augur (REP)

36 Articles 3 Followers

Augur (REP), a decentralized prediction market, was launched in 2015. It was one of the earliest decentralized applications on the Ethereum blockchain. 

Users are rewarded for making correct predictions on the outcome of events, which can be on any topic. Operating on the “wisdom of the crowd”, users stake their REP tokens on a predicted outcome. In other words, when more individuals make predictions together, the prediction is more likely to be correct. Augur is the most well-known of prediction markets in the cryptocurrency space. Vitalik Buterin himself has said that prediction markets were an important application of blockchain technology. 

The Augur platform lets users customize events to a great degree, and the platform’s prediction questions span a range of topics. Using a Proof-of-Stake approach for its consensus, the REP token is an ERC-20 token that is supported by Ethereum compatible wallets.

Augur has been working on version 2 of its platform since its launch in July 2018, and this has been undergoing security audits. The new version brings several major upgrades to the platform, including DAI token integration, Use or Lose forking, an auction based REP price oracle, a buy back and burn fee system, among many other changes. There is no news as to when this upgrade will exactly be released, but it is expected soon.

In this tag, read Augur (REP) news, price predictions, opinions and analyses created by users.

 


Augur Turbo | The Future Model Of The Sports Betting Industry?

2 Jun 2021 4 minute read 10 comments costanza

Ever since I read the article Bitcoins, Blockchains, and the next stage of online betting back in May 2017, I got sold on Crypto instantly seeing how this could be a real gamechanger revolutionizing the Sports Betting Industry. I followed this market...

Reviewing Augur: a set of smart contracts that is better than any betting platform.

19 Jan 2021 2 minute read 0 comments Anton Dzyatkovskii

Welcome to Q DeFi Rating and NOAH`s ARK reviews!  Bookmark our site to keep up with all the latest reviews from the most informative DeFi project. Subscribe to our YouTube channel, a place where you can find lots of useful videos about the most promi...

Bitcoin And UTXO Based Currencies - What I Learned

17 Jan 2021 5 minute read 9 comments Bragato18

There has been a lot written in the last couple of months about the excessive ETH and BTC transaction fees. Never really gave it too much attention, as it didn't really affect us. Nothing needed to be sent urgently. For example, being charged $19 AUD...

Publish0x New Tip: Predictions - Blog #9

27 Dec 2020 2 minute read 11 comments Lazyluna678

Welcome back to the roundup fellow cryptocurrency enthusiasts. Today I’ll be talking about some tip predictions on Publish0x. So... 2 days ago, I was actually looking on the Popular article section of Publish0x, and I come across a heartwarming arti...

4 Platforms Where You Can Bet on U.S. Election Outcome

4 Nov 2020 3 minute read 8 comments D3F1

So far, the US Presidential Election has been quite turbulent. With Coronavirus spreading through the population, the majority of votes cast were through the mail. For this reason, it seems that some crucial states are delayed in the counting of thes...

Augur: The Future of Crowd-Sourced Information?

9 Sep 2020 3 minute read 11 comments Ben Wehrman

Hello friends! Today, I'll be talking about Augur (REP), one of my top 2 speculative plays in my crypto portfolio. What is Augur? First and foremost, Augur is a decentralized betting platform/prediction market that is built on the Ethereum blockchain...

What Is The Best Oracle? LINK, BAND, REP, DOS, TRB, AE

8 Aug 2020 4 minute read 8 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Oracles are essential for realizing the economy of blockchains and their decentralized applications. Obviously these are tools that do not foresee the future but allow blockchains to learn the result of an event (from the real world). As such, they m...

Bet in cryptocurrency on anything and everything - Augur launches its V2!

1 Aug 2020 2 minute read 0 comments NassiroV

Image Source Let's play a little and take some risks - Augur is a decentralized predictive market platform built on the Ethereum blockchain. The new version brings many improvements, ranging from the user interface to the change of its token, the RE...

🙌 Augur v2 goes live ! Is it the future of Decentralized Betting ?

29 Jul 2020 2 minute read 0 comments Crypto_Lemon

Hello HODLers and Crypto addicts, Today I would like to highlight the newly launch of Augur v2. While it clearly seems that it might not be the consumer friendly app they wished it to be YET. I wrote about this upcoming launch in a post more than 8...

Morning Digest

29 Jul 2020 1 minute read 0 comments lioha369

  The inflow of assets on exchanges indicates a possible continuation of the Bitcoin rallyAlong with the rise in the exchange rate, traders became more active, who began to bring their assets to the exchanges. At the same time, there is an inflow of...