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Vitalik: The Quality of Prediction Markets Depends on Their Oracles
On May 6, Vitalik Buterin posted on social media stating that “the quality of prediction markets depends on their oracles,” expressing his pleasure at seeing prediction markets begin to shift towards oracles that are neither centralized nor financialized. The next step is to achieve privacy in the voting of provers. Vitalik’s tweet referenced a controversial case on the prediction market platform Trueo regarding whether Polymarket’s launch of pUSD aligns with the token’s release in 2026, where the jury voted to “reset the outcome” of a disputed market, deeming it unsuitable for resolution. Through this, Vitalik expressed his concern for the improvement direction of oracle mechanisms.