[taberiand]

Augur: "Report the Outcome Report the winning outcome of the event after it occurs. Other users can dispute your report if they don't agree."

I think I can spot the weak link in this system.

[solveit]

Yes, everyone who's spent two minutes thinking about designing a decentralized prediction market has spotted that weak link. Hence that's what Augur is designed to address.

Think it won't work? Go get your bug bounty, or even put in a massive short and then break it.

[tecleandor]

Eeeeh, I think I don't get this thing. Isn't this an unregulated betting house?