The blockchain-based betting platform now has assassination markets

2018-7-26 06:09

Disclaimer: Cointelegraph considers speculation on the deaths of individuals as immoral and does not endorse it in any way So-called “assassination markets” have now popped up on blockchain event betting platform Augur, Mashable media outlet reported July 24.
Created by the non-profit Forecast Foundation, Augur launched its Ethereum (ETH) mainnet-powered predictions platform on July 9, according to Fortune.
On the platform, users can make a prediction about the outcome of any event.
Users on the Augur subreddit have suggested that something be done about assassination markets, but given the decentralized nature of the platform, “no one person can single-handedly change Augur or shut it down,” according to the Augur website.
To ensure that a bet is settled properly, Augur has created a system of “reporters” who state the truthful outcome of a posited event.

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