NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

On Debut Day, Augur Becomes Biggest Dapp on Ethereum

newsbtc
newsbtc
7 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The Forecast Foundation couldn’t have chosen a better launch date for Augur on Ethereum than the final stages of one of the most exciting world cups in memory, and their numbers reflect users enthusiasm for the new decentralized application as it claimed the top spot in its category on DappRadar just one day after it was released.

Augur #1 Ethereum Dapp in First 24 Hours

The Augur protocol which runs on the Ethereum blockchain is a Dapp platform which uses bleeding edge technology for betting on the outcome of events. As Dapps are new technology there is no single way to measure their potential success, but as Augur has posted impressive numbers in its first 24 hours of existence against such phenoms as CryptoKitties one would have to judge it a winner already.

After it’s first-day Augur is being ranked #1 in its category and # 5 overall by user numbers according to DappRadar. By volume, though Augur comes in at #3, being edged out only by exchanges. It racked up 992.43 Ethereum processed by its smart contracts after day one, compared to CryptoKitties 27.02. These numbers push it up into rare air among its dapp competition.

For many, this was to be expected. A low fee wagering platform that exists outside of any governments’ prying eyes is sure to draw a horde of willing punters. As Augur has, but it has also drawn its fair share of detractors.

Still Some Problems to Overcome

Augur’s launch has to be considered an unbridled success. For a dapp to have a smooth launch in the blockchain world counts as something, but to also gain more than a couple of hundred users on its first day when so many others struggle to make double digits is remarkable. That being so, user experience is everything when it comes to an application’s long-term success and for many users, Augur still has a lot of bugs to work out.

While many of the complaints being posted to the Augur discord thread and Reddit seem to stem from user misunderstanding others, like Augur repeatedly disconnecting, and the slow syncing rate may be blamed on high traffic.

Among a plethora of Reddit posts, one popular one read, “dear Augur guys put yourselves in the shoe of the end user,” who – the poster- said can get frustrated by the disconnects, give up and never return.

Those ‘Augur guys’ have responded to the problems. Platform founder Joey Krug, tweeted out to followers a definitive, if you’re not part of the solution – you’re part of the problem, type tweet; writing, “Everyone knows the Augur UX is bad right now because of issues that only appeared on mainnet in production, pointing it out on twitter isn’t saying anything useful/productive.”

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Price To $150,000, Ethereum At $8,000, And An Altcoin Season? Analyst Reveals When

Crypto analyst Ash Crypto has revealed when the Bitcoin price is likely to reach $150,000, while Ethereum rallies to $8,000...

Scott Matherson 16 hours ago

Previsioni Ethereum: ETH in Calo Intrappolato nella Sfida tra Orsi e Tori

In mezzo al tira e molla che sta scuotendo il mercato crypto, il prezzo di Ethereum si trova ora in...

clararosati 17 hours ago
эфириум и график

Ethereum на грани: цена тестирует критический уровень $4 300

Рынок Ethereum оказался в напряженной ситуации, когда цена цифрового актива колеблется около $4 300. На фоне этой динамики внимание инвесторов...

daria 18 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

eth-btc-bataille-volumes-spot-ethereum-avantage

ETH vs BTC : la bataille des volumes spot tourne en faveur d’Ethereum

guillaumev 15 minutes ago
Ethereum Price Forming Base

Ethereum Price Forming Base – Key Levels That Could Trigger a Breakout

Aayush Jindal 5 hours ago
Solana

No Chain Comes Close: Solana Leads With 2.5x Ethereum’s Revenue

Christian Encila 7 hours ago

Premium Sponsors

Press Releases

  • Inštitucionálne nákupy Bitcoinu vysychajú, zatiaľ čo jeho najrýchlejšia Layer-2 sieť Bitcoin Hyper (HYPER) dosiahla v predpredaji 14,4 milióna dolárov

    Inštitucionálne nákupy Bitcoinu vysychajú, zatiaľ čo...

    28 minutes ago
  • LET Mining

    LET Mining: The leading cloud mining platform, helping XRP...

    10 hours ago
  • miner

    XRP Forecast: ALL4 Mining Launches Upgraded App to Ensure...

    14 hours ago
  • První mine-to-earn meme coin PepeNode získal 900 000 $ v předprodeji – zbývá jen 7 hodin ve fázi financování

    První mine-to-earn meme coin PepeNode získal 900 000 $ v...

    17 hours ago
  • ドージコイン 今後の可能性:TradFiが注目する0.50ドルの壁とは

    ドージコイン...

    17 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.