Search content
Sort by

Showing 3 of 3 results by BitTradeSkeptic
Post
Topic
Board Service Announcements (Altcoins)
Re: Augur - a decentralized prediction market platform
by
BitTradeSkeptic
on 12/07/2016, 02:02:50 UTC
I don't know...I don't think they're really working on the project anymore.  The last thing I heard was that the guy who created the truthcoin concept that Augur is based upon quit being an adviser and declared the project a failure.  It's almost been a year and they've had 5 million dollars to work with....I'm pretty sure this project was just over marketed....I don't think they can build the platform they claimed they could build....not even with 5 million dollars.

We (the Augur developers) are still working on it.  I don't know how anyone who spends even 30 seconds looking at our project's Github could conclude that we've ceased work on the project; all 6 of our main repositories have been updated (most of them multiple times) over the past day.  The primary thing that 5 million dollars buys us is the freedom to take our time and really build a secure product.  If you rush your product, you get The DAO.

We fired Paul (the Truthcoin guy) from his position as advisor when we found out that he'd been secretly competing with us, as this was a significant, undisclosed conflict-of-interest.  FWIW, Augur has considerably more in common with the Schellingcoin and Princeton models than it does with Truthcoin.

I agree. This project was over hyped and the core developers left.  A The actual idea is not Augurs. They just caught the momentum with eth. A lot of people are selling their augur holdings.

There are two core developers (me and Joey Krug) and we're both still here.  Like most projects in this space, the "actual idea" behind Augur is a synthesis of a variety of concepts.  There is indeed a lively market (on Reddit) for anyone interested in buying/selling.

The idea that our project is "over hyped" is fascinating.  Where's the hype?  If all we do is marketing, then why am I (one of the core developers) on here responding to you?  Shouldn't we have a crack marketing team that handles this kind of stuff?  How is it that people have apparently gotten the idea that our project is dead, if we do so much marketing?

The truth is that Augur is (and always has been) a developer-led team, and we prefer to spend our time working on the product.  If you're truly concerned about our progress, I encourage you to look at our Github, and/or join our Slack.

I'm glad that I saw this post and that you are active. I'm new to the Cryptocurrency thing and came here because I got into the rabbit hole of decentralized PMs. Just read the case against Augur blog and the fact he didn't even mention Gnosis discredited a lot of what he said. I would like to know one thing, the reasoning behind Ethereum over Bitcoin. There seems to be a lot of criticism about this which is the biggest reason I haven't fully supported what you are doing.

The other question was what level of involvement Robin Hanson and Ron Bernstein have had in the project? I recently watched the video of Ron talking with someone from your team. His support is one of the other reasons I've been more interested in what you are doing versus Hivemind and Gnosis.

With some of the responses and posts I've read here, I find it commendable that you posted here and replied to everyone. I'd invite you to stop by the twoplustwo forums sometime, there's plenty of us who follow prediction markets and we've talked about Augur before. I think they would have some great questions and would be a much better environment if you want to communicate with PM users.
Post
Topic
Board Altcoin Discussion
Re: Has anyone read "The Case Against Augur", it becomes more clear how shady eth is
by
BitTradeSkeptic
on 12/07/2016, 01:43:34 UTC
This has been making it's rounds for a while and it seems like bitterness. It sucks because a Bitcoin version of Augur would be amazing, but I doubt this guy's project goes anywhere, just because of how he handles himself.

I'm new to Cryptocurrency, but I've followed prediction markets for years and there hasn't been a time in recent memory where so many exciting things are happening. I hear a lot of negativity about Ethereum, but I haven't been fully convinced by anyone's arguments yet. Enough people are making these arguments that there could be something to them, but the analysis out there is so shady and bias that I can't take any of it seriously yet. The fact he's said nothing about Gnosis is a simple example of why I don't buy this.

Why I haven't heard more about Hivemind?

I'm not sure how many in the PM world follow these, but the group he complains about at length seems to be the one working with respected people I've heard of, one with an actual team that is publicly named and have dwarfed the others in exposure. I'm still not sold on Augur, but the arguments I hear against them are shoddy at best.
Post
Topic
Board Altcoin Discussion
Re: Augur...are we just being played? Lets hear from the original developer
by
BitTradeSkeptic
on 03/06/2016, 03:30:23 UTC
I'm new to the crypto thing and just bought DAO coins

Researched auger and it appears they have been promising the final release sometime this fall, near the election

Just read this thread and wasn't sure if I missed something else they have done since making the statement that it would be out then. I like almost everything I've seen about what they are doing, but this thread is making me skeptical.