Topic: Augur - a decentralized prediction market platform - page 6. (Read 114364 times)

We are very excited to announce that REP is available on Flyp.me, your instant accountless exchange.
Start flypping to REP with 21 other cryptocurrencies straight from your wallet and without opening any new account.

Read more here: https://steemit.com/augur/@flypme/start-flypping-to-rep-with-flyp-me

Wonder will they do airdrop. If so that would be awesome!

Augur Weekly Development Update - April 25th
https://medium.com/@AugurProject/augur-weekly-development-update-april-25th-54c46c4a4374

This is the launch roadmap:

Security audits (completed)
Code bug bounties (began 4/4 - scheduled 4-6 weeks if no critical bugs found)
Bug bounty prediction market release
Augur Lite release
Full Augur release

Is this roadmap still the plan?

Augur wins +15% right now. Check it out: https://www.coinranker.net/cryptocurrency/augur

Great, I'm the right place at the right time. I always see Augur in Polo and is trying to observe it lately. It's down due to BTC surge but I'm sure it will go back to 500k sats in the future. Are there roadmaps to be found? Sorry didn't scanned all the pages yet.

Today we are adding Augur Node and the Augur client to the bug bounty program. Dev.augur.net should be used as the reference UI. Augurs contracts have been deployed to both Rinkeby and Ropsten, and the bounty page has been updated with all these new details:
http://www.augur.net/bounty/

We’re specifically looking for security exploits and issues for bounty rewards, however all bug and issue reports submitted are appreciated and will be reviewed by our team to assess eligibility. We will reply to all submissions within 48 hours. All parts of Augur are now in scope for bounty rewards.

The Augur white paper has been translated into six new languages, with eight more in progress. If you want to perform a translation that’s not yet on the list below, please submit an issue claiming it. There is an active offer of $500 per translation for any language not yet claimed.

https://github.com/AugurProject/whitepaper

After extensive testing and security audits, the Forecast Foundation is excited to announce the launch of its bug bounty program. The Augur team takes the security of the Augur platform very seriously, and, to that end, is now seeking help from the community in finding bugs in the Augur codebase prior to launch — and beyond. The bounty program is open to all of Augur Core’s Solidity contracts and Augur.js. We will expand the program to also include Augur Node and the Augur UI client in the coming weeks.

Our hope is that rigorous testing by engineers and developers all around the world will help assist in assuring that Augur is robust and secure prior to launch. More details about the scope and rules of the Augur Bug Bounty Program can be found here. Happy hunting!

How much funding does Augur have left (crypto and fiat)? Link to wallet?

What are the current operational costs?

This past week the team has been continuing the development of the UI, Peter Hicks joined us as Senior DevOps Engineer, and we have been working on preparing the bug bounty program. We plan to launch the bug bounty program with the augur-core contracts within the next few weeks.
REP Account Page

We’ve added a faucet in the Accounts page that allows users to get Rinkeby REP. With this, you can create test markets on Rinkeby. Trading allowances was also finished up, so now when you submit your first trade on Augur you’ll be asked to sign a transaction allowing the contracts to transact from your account. You can play around with trading and creating markets at dev.augur.net.

A bunch of community members have stepped forward and translated the Augur white paper (🙏🏻), which we plan to publish this upcoming week. The new landing page will also be translated in a few different languages!

You can keep up with the day-to-day by joining our Discord, or ask us specific questions on our StackExchange. We recommend checking out the updated Augur glossary for more details as well.

Augur is a security and betting platform headquartered in the United States. It's so unfortunate because this PM has the potential to be worth many billions. My biggest concern is regulation. How can you responsibly invest in REP knowing the potential for regulatory crackdown. Don't you think Augur has to be one of the top targets?

finally a project that is really following its path to something new. prediction of the crowd. i am excited to see decentralized prediction in action.

Hello. A very interesting project to earn money is here https://bitcointalk.org/index.php?topic=2930554.new#new

Can you build the official version platform before or during World Cup, can we bet with real REP tokens in the platform now or it is still using demo token?

Several public chain like NEO, Aeternity and Bytom can do decetranlized prediction task, why we need Augur?

In what could be one of the year's most talked-about launches, a cryptocurrency project called Augur may soon invite its community to bet against its success.

Created by the Forecast Foundation in 2015, the crowdsourced prediction protocol raised $5.5 million by selling REP tokens long before the term initial coin offering (ICO) had taken hold. Now, after the release of a new version of its white paper, the system that would allow global users to bet on the outcomes of real-world events is getting close to a test launch.

But while Augur will allow people to bet on all sorts of events (from which team will win a specific sports game to whether the Dow Jones will break a certain price), the founders say users will have only one market to make when it goes live.

The Future Foundation's operations lead, Tom Kysar, told CoinDesk:

"Essentially, we are going to launch Augur with one market, and that market is: 'Will Augur be hacked?' or 'Will there be a critical vulnerability discovered in Augur' by a certain date?'"

If that seems risky, it is. But according to Kysar, it will be well worth it in the end.

In parallel with the bet, the Augur team will run a bug bounty, seeding the market with bets that the system won't be hacked. In this way, a confident hacker could then take the other side of those bets, and go to work trying to find flaws in the protocol to collect a big payday.

"From what we heard from our auditors, we'll probably be the largest and most complex application to be attempted to be deployed on ethereum," he said. "I think it's very naive to think we could launch 6,500 lines of Solidity code being bug-free."

In an effort to give outsiders plenty of time to find potential bugs, the team will be running the controlled launch for something like three months.

Augur is going through its second round of smart contract audits right now, and once complete, a live launch could be just months away, the team said.

Security model
As for what will be made available at the time, the platform is expected to finally permit real people to serve as "reporters" in the markets.

New markets need to designate a trusted reporter to determine how a bet resolves. Odds are, many of these will probably be bots of one kind or another, maintained by trusted developers (not unlike Polyswarm's approach to threat assessment).

Still, as outlined in the white paper, the system has two levels of dispute resolution in case participants disagree with an outcome.

At the most basic level, all Augur users are enlisted in resolving a disputed market. If a market dispute rises to the highest level, Augur forks into new "universes" for each outcome, and that's when a crowdsourcing procedure kicks in to determine the correct outcome.

An attacker could try to force an incorrect outcome through an attack, but the Forecast Foundation's models suggest this shouldn't be profitable.

In any case, whenever users participate in deciding how a market resolves, they will need to stake REP tokens to do so. Any time they stake on the correct outcome, they stand to earn a return.

"The system does also attempt to shift the value of REP upward, or downward, when needed by adjusting the fees that are given to reporters," Alex Chapman, Augur's lead contract engineer, explained. "While the cap of rep is below our target level, the fees will go up every week and vice versa."

Yet, as the team has been working on the project, they've realized there are limits to how far a project should go on distributing all work. Early on, the team wanted to have every market decide by participant votes. While that's still the backup plan for markets with disagreements, the team has come around to the idea that rewarding centralized decision making turns out to be more efficient.

Kysar said:

"Distributed reporting is really a worst-case scenario."

https://www.coindesk.com/augur-ahead-one-oldest-icos-close-going-live/?utm_content=buffer0faa0&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer