ADAM mining is about to set sail
A predictor is a subdomain of Defi. In the Defi protocol, a predictor is required. Without a predictor, the Defi protocol cannot obtain all the data it needs to function properly. The Predictor is an important part of the Defi scene, and although it is not used on a large scale, it is indispensable and is present in all Defi apps released to date.
The prophecy machine sounds prophetic, but it’s not. The prophecy is a messenger, or messenger. Simply put, a predictor refers to a trusted individual or entity that upload real-world data to the blockchain world and is considered essential as a bridge between decentralized protocols and data outside the blockchain.
At present, market prognosticators are roughly divided into the following categories
Software prognosticators: Such prognosticators obtain data from third-party operators and websites via apis as input to smart contracts. The most commonly used are weather data, flight data, stock market data and so on.
Hardware predictors: These predictors, usually represented as data collectors in the Internet of Things, can digitally send the results of events in the physical world to smart contracts, and can track the movement of goods in supply chains.
Consensus predictor: This predictor differs from the previous two types of predictor in its centralization and is often referred to as a centralized predictor. The predictor provides final data and informationized results based on consensus by decentralizing voting among participants.
No matter what type of predictor, its core is to ensure the reliability of information transmission. ADAMoracle is a decentralized predictor network service facility, which connects real world data and block chain system, provides standardized solutions for many application scenarios, and realizes seamless interaction with services outside the block chain. The birth of ADAMoracle, for the smart contract developers on the chain to provide comprehensive tools and data, for smart contract developers to provide more secure, more convenient prophesy machine overall solution. There are obvious disadvantages to using the central predictor, mainly including the following three points:
1, poor reliability, vulnerable to attack, centralized predictor has the problem of single point of failure and single point of attack
2. Users need to trust the centralized platform and a third party independent organization, which violates the basic principle of trust and centralization of blockchain
3. All Query data information of users is controlled by a single platform and a third party, so user privacy cannot be guaranteed.
Reward system
ADAMoracle incentivizes the data provider by paying token ADAM, that is, the provider who continuously provides valid data will continuously receive ADAM’s reward. At the same time, data users will have to pay a certain amount of ADAM, thus forming a virtuous circle.
ADAM is ADAMoracle’s reward Token for participants. It is the core value of the ecosystem. Its value comes from the contributions of its ecological members. ADAM totaled 100 million. 60 million ADAM for node rewards. [Liquidity bonus] 9 percent, 9 million. Used for liquidity rewards and pledge rewards. [Early stage funding] 16 percent, 16 million. There are three rounds: seed round, private round and public offering round. [Community Contributor award] 5%, 5 million. [Team reservation] 5%, 5 million. [Community/market operation] 5%, 5 million.
ADAM’s reward output will be phased in. The total award for the first phase is 12 million ADAM. The total reward for each subsequent stage will be reduced by 20%. After 12 million ADAM is used up, the second stage is entered. The total amount of awards in the second phase is 9.6 million, 20% less than in the first phase. This rule will continue at a later stage until all 60 million Adams have been produced.
ADAMoracle prophet token ADAM mining is about to set sail, missed FIL, missed Chia, this time must seize ADAM, previously involved in Chia(Chia), FIL, Swarm mining, now the time to transfer the battlefield, support mine docking Chia(Chia)Swarm to ADAM mining, ADAMoracle aims to create a network of prophets where “anyone can be a data porter.”
