So was MtGox, for the longest time!

That's not a fair comparison. Mt. Gox grew too quickly and couldn't keep up with the massive security requirements for a cryptocurrency exchange. Not to mention they may have had employees embezzling money. Augur has taken years to refine their strategy and do the launch correctly, and the code is working just as expected. There could still be issues like with any innovation but to compare this to Mt. Gox is not at all fair.

MtGox held total control of the private keys, so I'd argue it was never in a position to be relied on.

You'd think that based around the context of my statements that I'm not an unaware bystander and that I might already know something about Augur, what their tech is and who is involved in it. Guess not.

In a very narrowly defined space, it is something that works, yes, but as always with tech in this space "there be dragons".

As a side note, I stg that every "new thing" built on ethereum is just a chain of underpants gnome logic. Except the "???" is something you can drive a star system through.

> You'd think that based around the context of my statements that I'm not an unaware bystander and that I might already know something about Augur

When something is currently operating, just saying it can't work because of "technical obstacles" is bound to seem like a drive-by comment. The same with saying "there be dragons."

I'm genuinely interested--so can we enumerate some dragons? Can you elaborate?