“Uber for Knowledge” Augur Teams Up With Blockchain Security Experts
Augur, the Ethereum-based prediction market platform, has selected Airbitz for accounts services, bringing Edge Security to Ethereum. It will enable a highly secure and user-friendly account creation process, along with automatic encryption, backup and synchronization that will make Augur feel like a traditional website for the end-user. This solution could be the world’s first for interacting with blockchains. Joey Krug, Core Developer at Augur, says: "One of the biggest usability issues with decentralized apps at the moment is that there's no good way to store private keys and....
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The prediction market Augur that runs on top of the Ethereum blockchain has just announced a partnership with the security and wallet service Airbitz. Augur will utilize the Airbitz Edge Security Platform making the prediction market more accessible to the mainstream with user-friendly encryption that protects private keys. Edge Security Will Benefit....
There is even more positive news for Augur, as the team will be attending the CNBC & Singularity U’s Exponential Finance Innovation Lab on June 7-8. Airbitz and Augur are partnering up to deploy the Airbitz Edge Security Platform. What makes this new service so valuable is how it offers a secure account creation process for end-users. Additionally, encryption, backups, and synchronization across all devices will be part of this solution as well. A Mainstream Audience for Augur. But there’s more to the Airbitz Edge Security Platform, as it will allow users to use decentralized....
Augur has launched the world's first decentralized prediction market that would be open to the general public. Prediction markets work on the idea that large groups of people are able to make much more accurate predictions than, small teams of experts. Augur enables participants in its prediction markets to now put their money where their mouth is. Participants back their beliefs by placing wagers on the outcomes of diverse events, that range on everything from politics, the economy and even the environment itself. The funds are stored securely on Augur's platform, and are accessible only....
A third of the stolen REP from the account of Bo Shen has been recovered according to Augur Co-Founder Jack Peterson, and he thinks more of the stolen tokens could still be retrieved as they continue to work with exchanges. An account belonging to Shen, one of the early investors in Ethereum and Augur, was reportedly hacked last Tuesday causing the Poloniex Augur market to bottom at the price level of 0.0001 BTC for one REP, despite the average price of 0.0035 in the previous period. The hacked wallet was a top 20 wallet by size in Augur and constituted a significant percent of the total....
It's been a wild couple of days for the team at Augur. Just 48 hours into their crowdsale, which launched at noon EST on August 17, they have raised in excess of 4200 BTC and 549000 ETH. "Unfortunately, the ether and BTC price keep falling, so the buys can't keep up with the (USD) price," said Augur's marketing director, Tony Sakich. Bitcoin has dropped from $253 USD to around the $232 mark since the Augur sale began. It's a remarkable feat for a company that has a somewhat esoteric product, built on Ethereum, arguably an as-yet unproven blockchain platform. Ethereum's Frontier stage was....