Augur REP

$18.16
Market Cap $ 199.814 MM (#43)
24h Volume $ 3.853 MM
Chg. 24h: -4.05%
Algo. score 3.3/5  (#287)
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Augur project purpose and description

Augur clarity of purpose

Augur purpose and aspects

Efficient Forecasting, Speculate on everything, Wisdown of the crowd, Decentralized prediction platform

Augur categories

Prediction market

Short description

Augur is a trustless, decentralized platform for prediction markets. It is an extension of Bitcoin Core's source code which preserves as much of Bitcoin's proven code and security as possible. Each feature required for prediction markets is constructed from Bitcoin's input/output-style transactions.

Abstract

Augur is built as an extension to the source code of Bitcoin Core.2 It includes the features { the betting and consensus mechanisms required by prediction markets. However, it is intentionally the same as Bitcoin in all other respects, to capitalize on Bitcoin's security and scalability. Our intention is to use the `pegged sidechain' mechanism to make Augur fully interoperable with Bitcoin if this technology is not available, we will instead use our own internal currency as the store of value.

Link to Roadmap: https://medium.com/@AugurProject/a-roadmap-for-augur-and-whats-next-930fe6c7f75a
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