Augur REP to Perlin PERL Exchange

Crypto Pair Details: REP to PERL

Augur REP

Augur is a trustless, decentralized platform for prediction markets. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Prediction markets are markets created to trade the probability of an event happening. The market prices indicate what the crowd thinks the probability of an event happening. Predictive markets have shown to have been effective in accurately forecasting many results however it is still not widely used due to the many regulatory hurdles involved in setting up such a market. Augur aims to set up such a market in a decentralized manner. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Augur REP is the gambling cryptocurrency. It’s the crypto token you can use to bet on sporting events, political outcomes, economies and just about everything else in the prediction markets. Online gambling is a $52 billion a year industry. At its founding the project included Intrade founder Ron Bernstein, Robin Hanson, and Ethereum founder Vitalik Buterin among its advisers. In April 2015, Augur's first contract was uploaded to the Ethereum network.The first beta version was released in March 2016. In October 2016, all the reputation tokens that were for sale during the 2015 crowdfunding campaign were distributed to their owners on the live Ethereum network and the two largest cryptocurrency exchanges, Poloniex and Kraken, added support for these tokens on their trading platforms. The project was delayed until it was launched in July 2018.

Perlin PERL

A high-throughput, DAG-based protocol capable of powering any application. Wavelet | Wasm smart contracts powered by a high-speed ledger. We utilise our unique Wavelet probabilistic DAG-protocol mechanism to facilitate over 31k+ transactions per second and 0-4 second time to finality. What is Wavelet? Wavelet is Perlin’s directed acyclic graph (DAG) based protocol. It is a base-layer ledger which means anyone can build any type of application. It is designed to be the fastest, most secure, and most scalable distributed ledger solution in existence today. Wavelet is underpinned by a new and leaderless proof-of-stake consensus model (LPOS). One of our first use cases for Wavelet is international trade and commerce. Wavelet is well suited for increasing efficiency and transparency for complex processes (that have many inputs and output) such as supply chains and international commerce. While our first commercial focus is bringing Wavelet to the international trade and commerce arena, it is a very flexible protocol and can facilitate a myriad of use cases. Building on Wavelet is designed to be super easy, and we encourage experimentation. If we identify promising real-world applications built on Wavelet, the Perlin team will provide grants and support to facilitate commercial success. Get started here: https://www.perlin.net/

SOURCE: COINGECKO

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