8min chapter

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The Most Exciting Experiment In Crypto: Futarchy | Robin Hanson & Proph3t

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CHAPTER

Implementation of Decision Markets and Use of Conditional Tokens in Blockchain Context

The chapter discusses the technical implementation of decision markets on-chain, including the creation of open book markets for conditional trading and the mechanism to determine outcomes based on time-weighted average prices. It also explores the use of conditional tokens in reverting trades, highlighting examples like Pantera's vote and the failed proposal by Ben Hawkins due to community resistance.

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