Prediction Markets on Bitcoin Cash with Jason Dreyzehner

Jason Dreyzehner, a Bitcoin Cash software developer joins George Donnelly to discuss the amazing potential of prediction markets on the BCH chain and how they can build more demand for BCH and open up new opportunities for growth for everyone across the globe. https://blog.bitjson.com/prediction-m... https://blog.bitjson.com/hashed-witne... 0:00 introduction 1:40 Cashtokens as a building block for prediction markets 3:40 native introspection 5:15 parent inspection 8:05 PMv3 proposal 9:20 consistent number format 12:50 PMv3 enables userland tokens 17:05 Decetralised prediction markets 18:35 reserve currency backed by prediction markets 19:10 prediction markets on ETH 20:20 examples of prediction markets and conditional predictions 22:10 information aggregation in a hard to dispute way 26:20 error rate, cutting through noise 28:00 PMv3: Ethereum functionality, but better 28:40 applications on 2-way pegged sidechains 30:50 inspiration from Paul Sztorc's drivachains idea & a covenant approach for BCH 34:45 sythetic assets on prediction markets to avoid existential risk 36:35 decentralised version of robin hood on prediction markets 37:40 synthetic asset of private stock 39:45 lacking efficiency of the stock market 41:00 comparison to GROUP tokens (43:10 well designed virtual machine) 47:50 the script system 48:50 blockchain bulk/data storage 52:15 scalability & scalenet 55:00 wrap-up "what does BCH need?" "Prediction markets" Timestamps courtesy Mathieu G.