Truthcoin Talk 2.0

General Category => General => Topic started by: bed on June 22, 2014, 12:28:05 AM

Title: Payouts after outcome is reached
Post by: bed on June 22, 2014, 12:28:05 AM
Paul, I'm very interested in the true Prediction Market.

Please excuse this question if it's already been covered, I haven't had time to scour the forum, but here goes:  What will trigger payouts in your PM?  Trusted data feeds?

Thanks.

bed
Title: Re: Payouts after outcome is reached
Post by: ghabs on June 22, 2014, 03:57:44 PM
The payout is determined by the consensus of the Votecoins - the owners of the votecoins have an incentive to vote truthfully and fulfill the functionality of trusted data feeds in other prediction market schemes.

Check out the FAQ:Incentives on Github for more on how the incentives align for voters to vote honestly
https://github.com/psztorc/Truthcoin/tree/master/docs#faq