News for hackers. Stuff that matters.
Re:Introduction to Augur, an open-source, decentralized bett... by drdeca on Monday August 20, 2018 @01:35PM (#17801943)
I'm confused. With Augur, "complete sets" can, aiui, be created by anyone, so I don't see why there would be a problem with only one share being available?

Unless I guess if you want to make sure the trade goes through immediately?

Re:Introduction to Augur, an open-source, decentralized bett... by gammateam on Monday August 20, 2018 @04:05PM (#17803424)
the problem is the limited amount of money one can make off of a random market.

makes it less appealing to some (or many) and less efficient in determining an outcome

yes assassin markets and popular political events can now be traded in the US even if the Augur company gets sanctions, but for everything else this is an inefficient system.

Re:Introduction to Augur, an open-source, decentralized bett... by drdeca on Monday August 20, 2018 @05:48PM (#17804316)
Well, the money has to come from somewhere. In any case, someone has to be willing to take the other side of your bet, whether it is other participants or the people running the market/betting thing.

I'm not sure what alternative you are considering to not have that problem, or what it would look like for something to not have that problem.

Re:Introduction to Augur, an open-source, decentralized bett... by gammateam on Monday August 20, 2018 @07:57PM (#17805373)
> I'm not sure what alternative you are considering to not have that problem, or what it would look like for something to not have that problem.

I gave two examples. One isn't in production yet so we'll see