SVD alternatives

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I heard that Augur was using some other algrithm instead of SVD.

making SVD deterministic, and having it be a part of an erlang release for flying fox is very difficult.
Existing SVD algorithms use mutable lists, which erlang does not have.
The C version isn't deterministic.

So I rolled something similar to SVD that is easy to write in erlang.

I let oracle participants choose between 4 things. true/false/need more time/bad question.

I use the weighted mode to decide which of the 4 is correct.

Next I calculate new weightings for each oracle participant. Every question they got wrong lowers their power to 9/25ths what it was before.
Unless they choose "need more time" and the outcome was true/false, or if they choose true/false, and the outcome was "need more time". In those cases their power only lowers to 3/5ths what it was before.

I use the new weightings to re-calculate the outcomes of each decision.
This is the final outcome.

Is this a reasonable alternative to SVD? Are there any negative repercussions to doing this?
Should I have the constant 3/5ths be a variable based upon the number of things they are betting on or the number of oracle participants?


I wrote my alternative to SVD in the scripting language of flying fox.

This way we can update it later, to make it more like SVD perhaps.