Why did Polymarket succeed where previous prediction markets | nickwh8te on Binance Square

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Why did Polymarket succeed where previous prediction markets like Augur failed?
Timing? Better execution? Or some fundamental innovation?

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people simply aren't bullish enough on zkVMs like @RiscZero and @SuccinctLabs zk is not just essential for scaling blockchains + interop which is already huge, but also for privacy, and not just crypto privacy but in web2/trad tech too there's a reason they call it moon math

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crypto apps that have found meaningful PMF - perps trading - prediction markets - stablecoins anything else?

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If economic security from delegated stake is a meme then what actually secures a staking protocol is: - the self-delegated stake of operators - the future revenue operators would lose from misbehavior - how collusion resistant the committee is

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"I think that all current staking designs of major assets are basically all derivatives of the Cosmos hot tub in Mexico design"-- @zmanian on the Celestia research forum. lmaooo 🤣

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prediction: the first protocols that attempt proof of governance will receive the same FUD as the first protocols that originally attempted proof of stake

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