Augur is Live: Here’s Why It’s a Big Deal

Too Long; Didn't Read

The highly anticipated decentralized app Augur has finally launched on the <a href="https://hackernoon.com/tagged/ethereum" target="_blank">Ethereum</a> Mainnet after over 4 years in <a href="https://hackernoon.com/tagged/development" target="_blank">development</a>. Enduring many challenges including the need to rewrite the entire smart contract in a new language, port over their ERC20 token (REP) to a new language &amp; contract, and ride the wave of Ethereum security issues that plagued projects like The DAO and Parity Wallet (twice), it’s finally here. Augur was the first ICO on the Ethereum platform, and it sparked the wave of excitement for decentralized apps. But what is it and why is it such a big deal?