Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Paul Sztorc: Truthcoin & Prediction Markets – From Information-Overload to Crowd Intelligence


Listen Later

Prediction markets are considered one of the most promising applications of blockchain technology. Although the concept and some early implementations have existed for years, decentralized prediction markets present a number of advantages to their centralized counterparts.

joins us to discuss Truthcoin, a “Peer-to-Peer Oracle Protocol which absorbs accurate data into a blockchain so that Bitcoin-users can speculate in Prediction Markets”. We dive deep to explore the advantages of decentralized prediction markets, their various real-world applications, and their potential to revolutionize the creation and propagation of knowledge in our society.

On this episode, we are thrilled to introduce a new co-host on Epicenter Bitcoin, Meher Roy. He has a biochemical engineering background and previously worked as an adviser to HyperLedger. Since discovering Bitcoin, he spends most of his free time understanding blockchain technology and its potential impact on our lives. We’re confident that Meher will bring a high level of understanding and critical thinking to the topics we cover, and we’re certain our listeners will be as happy as we are to have him on the show.

Topics covered in this episode:

  • What are prediction markets and why they are useful
  • The mechanics of prediction markets
  • The potential for prediction markets to provide useful aggregation to today’s abundant information
  • The parallels between crowd intelligence and artificial intelligence
  • The different components of Truthcoin and the state of the project
  • How Truthcoin differs from other decentralized prediction markets
  • Episode links:

    • Truthcoin Website
    • This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/097

      ...more
      View all episodesView all episodes
      Download on the App Store

      Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed TechnologiesBy Epicenter Media Ltd.

      • 4.7
      • 4.7
      • 4.7
      • 4.7
      • 4.7

      4.7

      186 ratings


      More shows like Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

      View all
      We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

      We Study Billionaires - The Investor’s Podcast Network

      3,360 Listeners

      Macro Voices by Hedge Fund Manager Erik Townsend

      Macro Voices

      3,071 Listeners

      The a16z Show by Andreessen Horowitz

      The a16z Show

      1,106 Listeners

      Unchained by Laura Shin

      Unchained

      1,206 Listeners

      Hidden Forces by Demetri Kofinas

      Hidden Forces

      1,458 Listeners

      Real Vision: Finance & Investing by Real Vision Podcast Network

      Real Vision: Finance & Investing

      906 Listeners

      CRYPTO 101 by Bryce Paul & Brendan Viehman

      CRYPTO 101

      38 Listeners

      The Breakdown by Blockworks

      The Breakdown

      737 Listeners

      The Pomp Podcast by Anthony Pompliano

      The Pomp Podcast

      1,836 Listeners

      Thinking Crypto News & Interviews by Tony Edward

      Thinking Crypto News & Interviews

      251 Listeners

      Bankless by Bankless

      Bankless

      1,047 Listeners

      The Wolf Of All Streets by Scott Melker

      The Wolf Of All Streets

      244 Listeners

      Coin Stories with Natalie Brunell by Natalie Brunell

      Coin Stories with Natalie Brunell

      444 Listeners

      Raoul Pal: The Journey Man by Real Vision Podcast Network

      Raoul Pal: The Journey Man

      127 Listeners

      Forward Guidance by Blockworks

      Forward Guidance

      276 Listeners