Allora

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Revision as of 03:20, 28 March 2024 by Grand Master Pepe (talk | contribs) (Created page with "A Self-Improving Decentralized AI Network ==Basics== *Based in: *Started in / Announced on: [https://medium.com/allora-network/introducing-allora-a-self-improving-decentralized-ai-network-1bd4516fa868 2-2-2024] *Testnet release: *Mainnet release: ==History== ==Audits & Exploits== *Bug bounty program can be found [insert here]. ===Bugs/Exploits=== ==Governance== ===Admin Keys=== ===DAO=== ===Notable Governance Votes=== ===Treasury=== ==Token== ===L...")
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A Self-Improving Decentralized AI Network

Basics

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

Token Allocation

Inflation

Utility

Burns

Other Details

Coin Distribution

Technology

Transaction Details

How it works

"To enable secure, trustless access to AI for everyone, models on Allora can leverage zkML infrastructure to deliver model outputs in a cryptographically verifiable way.

Allora is composed of different “topics”, each optimized for a distinct machine learning task or objective. For example, one topics could focus on predicting future asset prices, another on social sentiment analysis, and yet another on generating natural language.

Allora coordinates decentralized machine learning through a “weighting” system. Each topic coordinates participating models to produce useful inference within their domain. The quality of outputs determines each model’s weight — in other words, a rating that denotes its reliability and value to the network. This direct feedback mechanism incentivizes accurate, nuanced contributions.

Higher-weighted models gain increased network influence and economic rewards. This compounding effect allows Allora to recursively self-improve beyond the limitations of individual models.

The Allora network enables anyone to leverage decentralized AI in a trustless, permissionless way. For application and protocol developers, Allora provides the infrastructure to build apps powered by a decentralized, self-improving network of ML models. For ML model creators, Allora offers the ability to monetize their models by deploying on a decentralized network and capturing value from their models’ performance relative to the rest of the network.

Upshot will bootstrap Allora’s capabilities by deploying its flagship price prediction models on the network, which produce AI-powered price feeds for over 400 million assets. The most accurate predictions in this model have historically exhibited a confidence of 95–99%. Moreover, the outputs of this model can be delivered through the zkPredictor — the largest onchain zkML app to date — enabling applications to consume outputs in a cryptographically verifiable way."

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Revenue

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].
  • From the announcement (2-2-2024):

"Upshot is a core contributor to the development of Allora."

Funding

"With backing from leading investors like Polychain, Framework, Blockchain Capital, CoinFund, Delphi Ventures, dao5, Distributed Global, and more."

Partners

(:

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