Tag: Augur

Augur was one of the first platforms to surface on the Ethereum blockchain in 2015. It had a promising start before falling into obscurity. Now, five years later, the oracle for prediction markets godfathered by Vitalik Buterin is making a spectacular comeback. The recent release of Augur v2 is the first big upgrade to the protocol, and it comes with a comprehensive suite of improvements to Augur. The industry is looking at one of the most promising platforms that one…

What Does Ethereum Do That Other Platforms Can’t? Dapps, or decentralized applications, are a part of the whole Smart Contracts ecosystem. Running dapps on the general-purpose, multi-faceted Ethereum blockchain offers added security benefits. Since the transactions are distributed and encrypted across the Ethereum blockchain, there is no central place for a hacker to breach and gain access. It is unanimously considered that Ethereum is perhaps the best platform for building dApps. Thanks to its very own language, Solidity, this enables developers…

Turing completeness is the ability of any system to stimulate other Turing complete machines. Simply put, a stimulation, when configured with specific instructions, could function on its own without outside/external interference. Qixcoin was the first cryptocurrency to feature in its source code a Turing complete mechanism. The mechanism allowed for the continuous embedding of verification that could function without third-party arbitration. It didn't take long for this innovation to pick up. Vitalik Buterin described a derivative of this mechanism that…