Quote from: potpockets on April 22, 2018, 05:02:49 AM

Quote from: 10CMember on April 21, 2018, 07:57:25 PM

Quote from: Londondungeon on April 21, 2018, 04:08:44 PM

Quote from: TreborHead on April 21, 2018, 04:02:23 PM

I saw that it was mention that you can put a wager, but that you can also take a role of a Judge.Will Judge role act as some kind mediator that proof check the result of bet or something similar?Not quite sure I understood properly what was that about...

I'm just reading the Whitepaper and learning about the project and it seems that Judge role is:

A user of the platform that is responsible for confirming an outcome of an Event that the Wager was created for, as well as resolve Challenges that arise in Wagers created by Operators.

Don't know how that will work, but that's what I got...

This is a very interesting option, but I do not know how this will work Huh

PROOF OF TOSS utilizes the Prisoners Dilemma by randomly picking events for every Judge and requiring that every Judge makes a deposit of their own TOSS tokens in order to participate. This deposit is used to determine the judges reward as well as incentivize the Judge to be as fair in their judging as possible, through negative reinforcement in the form of fear of losing their deposit.
Depending on who has created a Wager, PROOF OF TOSS allows two approaches to determining the winning Bets:
JUDGING AND SOLVING CHALLENGES
1. When it comes to our solution for bookmakers, the Operator is responsible for delivering the correct result of an event. If the Operator fails to bring the correct
result, players will have the opportunity to initiate a Challenge and, thus, start the DCJ mechanism.

2. Our peer-to-peer solution is completely decentralized and thus all arguable actions are taken by reaching consensus. The PROOF OF TOSS ecosystem, both rewards those users acting in good faith and punishes those that try to manipulate results in their favor. When it comes to determining which Bet won, the system initiates its Distributed Crowd Judge mechanism, which randomly selects Wagers for Judges. The Judge has to make a deposit, review the Event and choose an outcome from a selection of options that are available for each particular Wager. Once consensus is reached the result is published to the Wager, all Players who won, the Originator and those Judges that voted for the majority result are rewarded.

Thanks for the clarification regarding the Judge role as that was a bit confusing.