Ethereum

In his latest <a href="https://vitalik.eth.limo/general/2024/11/09/infofinance.html" rel="noopener noreferrer nofollow">blog </a>post, “From Prediction Markets to Info Finance,” Ethereum co-founder Vitalik Buterin discusses the growth of prediction markets. He pointed out its potential as a reliable news source, especially after the recently concluded U.S. elections. Vitalik stated that the Polymarket possessed two modes - one for the betting group and another for the general public.While the former gambles on trending topics, the latter can avail accurate information from the platform. <a href="https://cryptotale.org/vitalik-buterin-outlines-ethereums-future-post-merge/" rel="noopener noreferrer nofollow">Buterin </a>stated that Polymarket provides deep insights into political news, unlike regular channels. He brought to focus the Venezuela Election protest, that took place earlier this year. Buterin emphasized that Polymarket provided more information on the situation, compared to other channels and how it irked his attention. He said, People were willing to put over a hundred thousand dollars on the line, betting that there is a 23% chance that this election would be the one where Maduro would actually get struck down. Now I was paying attention.The Ethereum co-founder praised the prediction market for its transparency in providing sensational news. In the U.S. elections, while many claimed that Kamala Harris would win the elections, Polymarket blatantly revealed that Donald Trump would taste success and Trump won the elections. The prediction market provides accurate information based on the money invested by its users.<a href="https://cryptotale.org/prediction-markets-are-the-future-of-reliable-news-vitalik/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Prediction Markets are the Future of Reliable News: Vitalik

CryptoTale

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