Augur: Ethereum Prediction Markets with Joey Krug
Prediction Markets provide an exchange for trading based on the outcome of events. Most prediction markets are centralized- they operate like a casino, where betting takes place under the supervision of one central governing organization. This makes the market less efficient than it otherwise might be: the central organization is a business, and it makes money by extracting value from the trades the customers make.
Augur is a prediction market built on the Ethereum blockchain. A trading network built on a blockchain can have a decentralized, permissionless transaction record without a centralized, governing body. Augur’s network is built to be transparent, low-cost, and free from interference.
Joey Krug joins us today from Pantera Capital, a venture capital fund focused on Blockchain technology. Joey is also a co-founder of the Forecast Foundation, which contributes to the development of the Augur open-source project. We discuss what it takes to build a trustworthy decentralized market, how Augur is solving challenges such as the oracle problem, and why blockchain may be the key to democratizing finance.
Sponsorship inquiries: email@example.com
Transcript provided by We Edit Podcasts. Software Engineering Daily listeners can go to weeditpodcasts.com/sed to get 20% off the first two months of audio editing and transcription services. Thanks to We Edit Podcasts for partnering with SE Daily. Please click here to view this show’s transcript.
strongDM lets you manage and audit access to servers, databases, and Kubernetes clusters, no matter where your employees are. With strongDM, you can easily extend your identity provider to manage infrastructure access. You can automate onboarding, offboarding, and moving people within roles. strongDM. Manage and audit remote access to infrastructure. Start your free 14 day trial today at: strongdm.com/SEDaily
Our friends at Flatfile are working on Concierge, which offers no-code, collaborative workspaces for onboarding data. Invite customers to securely import, format, or merge spreadsheet data. No fumbling with FTP uploads, emailing sensitive Excel files back and forth, or formatting yet another CSV template. Flatfile is on a mission to help companies spend less time formatting spreadsheet data, and more time using it. Curious of how they can help your business? Visit: softwareengineeringdaily.com/flatfile
Panther is a cloud-native security analytics platform built by a veteran team of security practitioners from high-tech companies like Airbnb and Amazon to help address modern security challenges. Craft expressive Python detections to identify specific activity in your environment and generate high-signal alerts in real time. Process and normalize data from across your environment to build a scalable security data lake in AWS or Snowflake that grows with your business. Check out Panther today.
Strapi is the leading open-source Headless CMS Front-End Developers Love. It’s more than a Node.js Framework and more than a Headless CMS, it saves API development time through a beautiful admin panel anyone can use. Free and open source, forever. The entire codebase is available on GitHub and is maintained by hundreds of contributors. Go to strapi.io/sedaily to learn more. Also check out StrapiConf coming up on April 22nd, 2021.