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Interestingly, the setup used means they don't actually hold your money. It's all on the blockchain. They can resolve incorrectly but they can't outright steal
by ikeboy 6y ago
Interestingly, the setup used means they don't actually hold your money. It's all on the blockchain. They can resolve incorrectly but they can't outright steal everyone's money.
- tshaddox 6y agoCan you withdraw your money? Presumably not, since that wouldn’t make for a very interesting market. So you’re still trusting the company with control over your money. The fact that there’s no direct incentive for the company to outright steal your money (unless they’re on the other side of every bet, lol) ought to make them even easier to trust!
- Tenoke 6y agoYou can withdraw your money of course. You have the key to your money and under the hood it's smart contracts between users.