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A comment on Introduction to Augur, an open-source, decentralized betting marketplace. Parent comment

Re:Introduction to Augur, an open-source, decentralized bett... by 0xdeadbeefbabe on Monday August 20, 2018 @11:51AM (#17800920)
> but obviously you need someone to take the other side of the bet.

Wasn't obvious to me. Can't a prediction stand alone, as in real life?

[ Parent | on HN ]
Re:Introduction to Augur, an open-source, decentralized bett... by miketery on Monday August 20, 2018 @11:53AM (#17800953)
Not if you don't have skin in the game. The associated risk and payout equilibrium becomes the prediction.

Without skin in the game you end up with manipulated values.

[ Parent | on HN ]