Prediction markets vs. insider trading: Founders admit blockchain transparency is the only defense
Founders of prediction markets acknowledge that the transparency offered by blockchain technology is their primary defense against insider trading. They emphasize that the immutable nature of blockchain can help ensure fair play and reduce the risk of manipulation. Despite the potential for insider trading to undermine market integrity, the founders believe that transparent systems can foster trust among users. The article highlights ongoing discussions about the balance between innovation in prediction markets and the need for regulatory measures to protect participants.
Read the full article: CoinDesk