TCR TOP STORIES

Augur (REP)

As described in their whitepaper, Augur has set out to create the first decentralized, open-source platform for prediction markets. Based on the ideas of game theory and wisdom of the crowd, prediction markets achieve greater forecasting accuracy than any individual experts can. However, the problem with previously existing prediction markets is that they were all centralized.

By providing a decentralized solution, Augur allows people from anywhere in the world to ask a question about the outcome of a future event, as well as buy and sell shares on the outcome of any market they wish to participate in. Moreover, it allows thousands of users to report on outcomes, thus removing the need to trust in an individual reporter.

Augur has assembled an experienced team of developers, led by co-founders Jack Peterson and Joey Krug. Additionally, they have several notable advisors including the founder of Ethereum, Vitalik Buterin, trading expert Ron Bernstein, economist Dr. Robin Hanson, CEO of Enlighted Joe Costello, and Lightning Network founder Elizabeth Stark.

Top News

Bitcoin Price Analysis: Bitcoin (BTC) shows a huge drop

Bitcoin (BTC) as of writing this article was trading at $10,024.1 against the United States dollar (USD) and the coin was showing negative and download fall of -1.54 percent. The market cap of the coin was $170.876 billion United States dollar (USD) and the market supply of the coin was …

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What is Ethereum blockchain and its functions and aspects at Large?

What is ethereum? Ethereum is basically a contract platform, conceptualized by vitalik buterin, which allows the development of decentralized applications. It happens to be a vital part in the domain of cryptocurrency as when conditions are met, it executes itself automatically. It is basically regarded as a pioneer for smart …

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Bitcoin (BTC) is anything but a hedge

What is a hedge? Here is how the definition goes: Investment position intended to offset potential resources or games that may be incurred by a companion investment In short when you do a hedge investment, you do any investment to minimize your loss or to reduce the risk involved in …

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Ripple Price Analysis: The Crypto is Showing Bullish Surge

The cryptocurrency market is experiencing ups and downs this week. Some of the currencies have experienced the bullish surge, but the market has again under the slight correction. The top ten currencies are under bearish pressure. Ripple (XRP) has shown some nice movements in this week and the value of …

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Bakkt’s launch is going to give a boost to Bitcoin (BTC)

As of writing this article Bitcoin was trading at $10.677.1 United States dollars (USD) and was going and upward and positive growth of 2.71 percent. The market cap of the coin was $190.40 billion United States dollars (USD) and the market supply of the coin was 17.83 million. Bitcoin (BTC) …

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