4 ms·

Polymarket is a real use case.

• deleted 5y ago
  [deleted]
• legulere 5y ago
  Why do you need a blockchain for that? Gambling and Insurance existed both long before blockchains.
  • djamrozik 5y ago
    Polymarket is centralized, but one benefit of it is that you can sign up and fund your account anonymously (though you do require an email). Users are not restricted by state or national laws. On a true decentralized gambling app, email would not be needed, just wallet. It would also be difficult to regulate (the team behind it could be anonymous). And I'm not saying this is great or anything, but it shows how you can build something with a blockchain that you could not otherwise.
    • bradleyjg 5y ago
      It’s only as anonymous as the paper trail behind the funding coins, right?
      • lynx234 5y ago
        Yea, but you can break the paper trail behind the funding coins if you want to. Would use something like Tornado or Monero.
  • pfisch 5y ago
    Because of the blackmarket nature of the betting, which is illegal in many countries.