tinybike

3 ms·

1. 1.▲
   by tinybike 11y ago

   Wow, that's a really good, easy-to-understand description of Ethereum.
2. 2.▲
   by tinybike 11y ago

   Shorter explanation: bet on anything using Bitcoin! :)
3. 3.▲
   by tinybike 12y ago

   Why, the tensors, of course!
4. 4.▲
   by tinybike 12y ago

   I neglected to introduce the Reputation concept in the blog post. As joeykrug said, Reputation is needed to report on events, and your report is weighted by the number of Reputation tokens you have. So you can't sybil attack simply b
5. 5.▲
   by tinybike 12y ago

   This is a very important point, and is something I (unfortunately) glossed over in the blog post: In Augur, truth equals consensus. As such, the Augur oracle is intended to be used for events which are easily and objectively determinable a
6. 6.▲
   “Spin-off” coins: seed a new cryptocurrency with present-day Bitcoin balances(sidecoin.net)

   4 points by tinybike 12y ago|1 comments