Augur: Ethereum Prediction Markets with Joey Krug


Manage episode 285308653 series 1435652
Player FM과 저희 커뮤니티의 Blockchain – Software Engineering Daily 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.

Prediction Markets provide an exchange for trading based on the outcome of events. Most prediction markets are centralized- they operate like a casino, where betting takes place under the supervision of one central governing organization. This makes the market less efficient than it otherwise might be: the central organization is a business, and it makes money by extracting value from the trades the customers make.

Augur is a prediction market built on the Ethereum blockchain. A trading network built on a blockchain can have a decentralized, permissionless transaction record without a centralized, governing body. Augur’s network is built to be transparent, low-cost, and free from interference.

Joey Krug joins us today from Pantera Capital, a venture capital fund focused on Blockchain technology. Joey is also a co-founder of the Forecast Foundation, which contributes to the development of the Augur open-source project. We discuss what it takes to build a trustworthy decentralized market, how Augur is solving challenges such as the oracle problem, and why blockchain may be the key to democratizing finance.

Sponsorship inquiries:

The post Augur: Ethereum Prediction Markets with Joey Krug appeared first on Software Engineering Daily.

91 에피소드