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What is Reputation ($REP)?Reputation is the token behind Augur, and can be thought of as the “score” of an individual participant within Augur.Reputation is not an investment, but rather a tool necessary to make Augur work.The vast majority of Augur participants will never hold, see, or need to use Reputation.However, it’s extremely important to understand how Reputation works in order to fully grasp the Augur platform.Reputation tokens are limited to a fixed supply of 11,000,000, of which 80% was sold in our public token sale last year for a collective ~$5,300,000.Those who hold Reputation are expected to report accurately on the outcome of randomly selected events within Augur every few weeks.If holders fail to report accurately on the outcome of an event, or attempt to be dishonest – the Augur system redistributes the bad reporters Reputation to those who have reported accurately during the same reporting cycle.It’s important to note that you do not need Reputation to use Augur.
Reputation is only used by reporters to report on the outcomes of events.Regular participants making bets on the platform will use Ether, or any other Ethereum sub currency.We hope to see the utilization of stable-coins in the future for settlement of markets.What are the benefits of owning $REP?By owning Reputation and participating in the accurate reporting on the outcomes of events, you are entitled to a portion of Augurs market fees.why does bitcoin want math problems solvedEach Reputation token entitles you to 1 / 22,000,000 of Augurs total market fees.most secure bitcoin paper walletThe more Reputation you own and report correctly with, the more in fees you will collect.bitcoin mining suggested difficulty
The Repulator Calculator made by an Augur community member will give you a rough estimate of expected earnings.How do I purchase $REP?If you missed out on purchasing during the token sale, you can still get your hands on some REP.Reputation is now sold on a number of third party crypto exchanges and markets, including Poloniex, Kraken, Bittrex, Gatecoin, and ShapeShift.bitcoin speculation indexPlease be careful and weary of OTC trades in Slack groups, Bitcoin forums, etc. It’s suggested to purchase through an exchange for the increased safety of your trade.bitcoin casino diceIf you are looking to purchase a large amount, it’s recommended that you get in contact with an Augur team member and we can help point you in the right direction.hmrc bitcoin taxHow do I safely store my $REP?ethereum send transaction
It is highly recommended that you store your Reputation in an offline, cold storage solution.Please do not leave large crypto holdings on centralized exchanges.Nor should you have a backup of your private key in your email, on your desktop, in your Google Drive, etc.The Ledger Nano S is a great hardware wallet solution, supporting all ERC-20 Ethereum token types.bitcoin wiki proof of workYour Reputation will be safe on one of these.uk bitcoin mining poolWe hope to have Augur support Ledger integration, meaning you can participate on Augur without ever having Reputation leave your Ledger.If you have any questions regarding Reputation, please contact us at team@augur.net.Enter your mobile number or email address below and we'll send you a link to download the free Kindle App.Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
Apple Android Windows Phone Android To get the free app, enter your mobile phone number.Qty: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 FREE Shipping.or Use this location: or #1 Best Seller New from Used from Featured 'Learning' Series from O'Reilly Media.See more Ethereum: Blockchains, Digital Assets, Smart Contracts, Decentralized Autonomous Organizations FREE Shipping.Frequently bought together ++ FREE Shipping.DetailsMastering Bitcoin: Unlocking Digital Cryptocurrencies FREE Shipping.DetailsThe Internet of Money FREE Shipping on orders over .Details Editorial Reviews About the Author Henning Diedrich has been called IBM's most knowledgeable guy in blockchain, and a thought leader in this field.He was named architect at the IBM blockchain group, writing the first white paper for IBM's Open Blockchain project and is the official IBM liaison to the Ethereum Foundation's core development teams, helping to harden Ethereum for industrial use.
Henning frequently gives deeply technical presentations as well as highly inspirational keynotes on blockchain topics around the world.Check out his talks on YouTube.“I got into blockchain because I became fascinated by the technology, the same as with language design, database architecture or coding in the first place.In blockchain tech, many domains coalesce that I have worked in.I started programming age 12 hacking computer games, and always remained passionate about performance and whatever resembles 'AI'.I worked in fintech, distributed databases and functional programming, domains that are all of special significance for the future of blockchain at this point.I created a compiler and virtual machine for the insurance industry, which an eternity before it, looked eerily like Bitcoin's VM.I started programming crypto stuff a decade ago.I am evangelizer for the best distributed, high-velocity database out there, VoltDB, and suffered with them through different stabs at solving distribution.
Which is what the blockchain community re-lives right now.In a way, it's all coming together for me in blockchains.I had to fall for it.“ Browse the New York Times best sellers in popular categories like Fiction, Nonfiction, Picture Books and more.See more Product details Paperback: 360 pages Publisher: CreateSpace Independent Publishing Platform; 1 edition (September 8, 2016) Language: English ISBN-10: 1523930470 ISBN-13: 978-1523930470 Product Dimensions: 5 x 0.8 x 8 inches Shipping Weight: 14.9 ounces (View shipping rates and policies) Average Customer Review: (17 customer reviews) Amazon Best Sellers Rank: #1,675 in Books (See Top 100 in Books) in Books > Computers & Technology > Computer Science > Cybernetics in Books > Business & Money > Economics > Money & Monetary Policy in Books > Computers & Technology > Internet & Social Media > E-Commerce If you are a seller for this product, would you like to suggest updates through seller support?
5 star82%4 star6%2 star6%1 star6%See all verified purchase reviewsTop Customer ReviewsExcellent book|Very good read.If you're invested in Ethereum or Expanse|to the point block chain book|I'm 200 pages in, planning on re-reading & referencing ...|Good intro|For People Who Know Nothing Only|smart contracts, as well as for currency and even ...|Five Stars| Most Recent Customer ReviewsSearch Customer Reviews Set up an Amazon Giveaway Learn more about Amazon Giveaway What other items do customers buy after viewing this item?Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners Chris Dannen 11 The Internet of Money Andreas M. Antonopoulos 87 Mastering Bitcoin: Unlocking Digital Cryptocurrencies Andreas M. Antonopoulos 107 Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World Don Tapscott 118 See and discover other items: smart contracts, digital electronics, smart money