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by Moshe_Silnorin 3907 days ago
Augur is built directly on Ethereum. Truthcoin will be making its own chain. I don't care who wins, and to be honest I don't give either a very high chance. I really really think prediction markets should exist though, So I applaud both efforts.

One real big problem is nobody wants to bet using shady highly volatile currency like Bitcoin or Ether. I'd much prefer USD markets, Vitalik has some ideas about making stable coins that track USD. Hopefully that works out.
1 comments
drdeca 3907 days ago
the DAI project (originally eDollar, which is now intended to be built using DAI) which tracks a value which I think is like, some basket of different currencies, is being worked on.

I don't really understand the mechanism by which it is meant to track the price of the basket of currencies, but I haven't seen many criticisms of it?

link