Review on Augur by Syed Adnan
The freedom to create custom forecast markets.
This is one of the best on regular betting platforms. While cryptocurrency is often offered as a betting sign, it uses blockchain technology itself to provide a robust and decentralized forecasting platform with huge opportunities for future development.
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In order to fix errors, gaps or codes in the codes, it is the users who are actually evaluated according to the time of the rewards, the range of effects they have to pay, the probability of them occurring and the severity of the error. It encourages more users to actively improve its code, making the network more robust and secure.
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Pros
- It is the ultimate innovative application of blockchain technology, which uses a blockchain network to provide a decentralized, P2P, open source and unreliable Oracle and prediction market platform.
- Its goal is to provide network users with the ability to participate in the prediction market at a very small fee, and ensures a secure and decentralized way to record evidence of this national forecast.
- Any user can create a new prediction event based on the start and end time, as well as a designated journalist, based on what they want with the solution to the prediction and a settlement fee.
Cons
- It responds well to market fluctuations, it has been well received and seems to be encouraging.
