From 874ea27ce614974dce2e8c01627236410f0be516 Mon Sep 17 00:00:00 2001 From: Trent McConaghy Date: Mon, 13 Nov 2023 15:20:35 +0100 Subject: [PATCH] Fix #1373: [Pdr] Add comparison to InTheBlock Price Prediction tool, in FAQ --- predictoor/pdr-faq.md | 17 ++++++++++++++++- 1 file changed, 16 insertions(+), 1 deletion(-) diff --git a/predictoor/pdr-faq.md b/predictoor/pdr-faq.md index 88b544fa..c7d893fb 100644 --- a/predictoor/pdr-faq.md +++ b/predictoor/pdr-faq.md @@ -131,6 +131,21 @@ Whereas in Predictoor, payout is a function of the the accuracy of the submitter +
+ +How does Predictoor compare to InTheBlock Price Predictions tool? Is has prediction feeds of crypto prices. + +The InTheBlock tool is run internally by InTheBlock, to build build centralized AI models that are served up via a REST API and a webapp. + +You can view Predictoor as a "next-gen" version of that tool: a decentralized version that crowd-sources predictions. + +- Crowd-sourcing with accuracy incentives has potential to do much better than any centralized approach. It doesn't rely on the ideas of a single team; instead it makes the opportunity to predict open to anyone in the world. A perpetual data-science competition. The incentives mean that only the best will stick around. This will get reflected in the prediction feeds' accuracies. +- Being decentralized means one doesn't need to rely on a centralized actor running centralized services. Useful for anyone coming to rely on prediction feeds. + +Finally, Predictoor's ambition is broader: to extend beyond crypto into energy, weather, agriculture and more. It's easier to expand scope of decentralized feeds, because you don't need to spin up a new team to focus on each new vertical. + +
+ ### Networks @@ -140,4 +155,4 @@ Whereas in Predictoor, payout is a function of the the accuracy of the submitter Predictoor needs to leverage a privacy-preserving EVM chain which is in production. Oasis Sapphire is currently the only such chain. - \ No newline at end of file +