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Vitalik: The quality of a prediction market depends on its oracle.
ME News, May 6 (UTC+8): Vitalik Buterin posted on social media, saying, “The quality of prediction markets depends on their oracles.” He added that he was very happy to finally see prediction markets moving toward oracles that are neither centralized nor financialized. The next step is to make the proof providers’ votes privacy-preserving. Vitalik Buterin’s tweet cited a disputed case on the prediction market platform Trueo about “whether Polymarket’s launch of pUSD complies with the token release in 2026,” where the jury decided to “reset the result” for the disputed market, believing it was not yet suitable to resolve it. Vitalik used this to express his attention to the direction of improvements to oracle mechanisms. (Source: BlockBeats)