[Legend2440]

> but no one can decrypt how much liquidity is on each side until the outcome executes

This would remove the supposed purpose of prediction markets, where you can get information about the probability of an event based on how much people are betting on it.

[sam0x17]

I mean the real purpose is to make money on intelligence-based bets. And what's great is after the fact when everything decrypts you would still get to see the exact timeline of sentiment as it changes, completely undisturbed by the market's existence. This is extremely good data for designing systems to make the correct prediction next time based on things happening in the real world, instead of following the herd and looking for tea leaves in the odds graph. It's the only way to get pure, dollar-weighted sentiment data without the market skewing itself.