Topic: ✅ - page 3. (Read 21595 times)
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If there was no consensus found, does that mean all of our reputation was impacted? I'm sorry if I missed this, we talk a lot here.
I had the same question but i looked back in their telegram channel and Luka specifically said that they would not take away reputation for not reaching consensus.
Providers can be free to join any market, they can be required to have a certain level of reputation score, they can be
forced to stake a fixed amount of tokens or a hybrid approach can be used, where staking is only necessary when
reputation score falls below the threshold. Same mechanics can be used to limit voting itself.
In both cases, if data providers act maliciously or vote differently than a majority, their stakes go to the reward pool.
If the staking mechanic is used, the size of the stake is C/n*K, where C is the total reward set by the developer, n is
the current number of people that joined the data feed so far and K is the stake factor set by the developer (usually
between 1 and 5).
To reduce timing speculations and market manipulations, developers can utilize the market_join_bonus
parameter. It is a scaling factor for the reward that each user gets if they join the market before min_people is
reached. min_people setting as well as inverse proportionality of the stakes and number of data providers (small
number of providers pay higher stakes), prevents groups of people taking advantage of almost empty data feeds and
trying to “force” majority without consequences.
forced to stake a fixed amount of tokens or a hybrid approach can be used, where staking is only necessary when
reputation score falls below the threshold. Same mechanics can be used to limit voting itself.
In both cases, if data providers act maliciously or vote differently than a majority, their stakes go to the reward pool.
If the staking mechanic is used, the size of the stake is C/n*K, where C is the total reward set by the developer, n is
the current number of people that joined the data feed so far and K is the stake factor set by the developer (usually
between 1 and 5).
To reduce timing speculations and market manipulations, developers can utilize the market_join_bonus
parameter. It is a scaling factor for the reward that each user gets if they join the market before min_people is
reached. min_people setting as well as inverse proportionality of the stakes and number of data providers (small
number of providers pay higher stakes), prevents groups of people taking advantage of almost empty data feeds and
trying to “force” majority without consequences.
They are testing different reward distributions, this last event was a flat distribution so it didn't matter how quickly you answered just as long as you voted correctly you will receive the same reward amount as everyone else. It was also interesting to learn that their first event yesterday didn't reach consensus but that's actually good because it allows them to test different outcomes to help ensure the system is working correctly.
I remember the bounty company was very exciting and interesting, also attractive for its awards. I wonder after a time, all paid already good rewards or not? I would like to see what the team will do in the future, how they will be able to realize their plans and ideas.
Eventum adds unlimited degree of verification to any source of information via the principle of wisdom of crowds and allows any real-world data to be captured and turned into a real-time API. Eventum can detect fake news, do real-time content moderation (e.g. finding racist tweets before they are even posted), power online sports betting systems and fantasy leagues, provide real-time feedback to AI systems, extract data from eSport tournaments and much more. We aim to offer a much-needed layer for secure, reliable and cheap data feeds which do not rely on a single source of truth.
Another successful Eventum Alpha event: Live camera feed recognition
Today's Alpha event, real-time video analysis, finished and reached consensus in only 3min5s, where 95% of participants agreed on recognized objects, properties and events in a live camera feed 🏆
Today's Alpha event, real-time video analysis, finished and reached consensus in only 3min5s, where 95% of participants agreed on recognized objects, properties and events in a live camera feed 🏆
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