Hacker News new | ask | show | jobs
by MusaTheRedGuard 2855 days ago
Sigh.

Copying my comment from below:

Please note that an "active user" is an active address( i.e one that has made a bet on the platform) in the past day. This doesn't take into account users that made a bet in the past( most bets have long term horizons, >4 to 5 months) or users that have a current position but aren't betting anymore or users simply observing the markets( looking at a front end like predictions.global)

Also note that active users is probably not a great metric for this application, as it's not a consumer app/ time sink thing.

Money at stake is much a better metric

1 comments

By any metric it's a ghost town. But I think that has a lot to do with poor UX, low liquidity, etc., all of which could change as it improves. For example, you currently have to download an app to interact with Augur. There's also very few contracts, each with very little liquidity.
You don't have to download an app to interact with augur: augur.casino

Built on top of IPFS

Cool! So why did the main team insist upon the app approach (what's the benefit?), and what's this site doing to get around it?
Decentralization. Anyone can run their own node of the software making it resistant to censorship, malicious control by the devs themselves or a third party.

Augur.casino runs their own node of Augur but runs it on IPFS, allowing others to connect to it.

Provides convenience if a user doesn't care about decentralization.

Just btw, I'm not affiliated with augur or augur.casino or any of these projects. I just find them interesting