ORA is Ethereum's Trustless AI. ORA is the verifiable oracle protocol that brings AI and complex compute onchain.
ORA acts as an oracle, which is a bridge between the blockchain and external data sources. ORA allows AI models to be integrated into smart contracts on the Ethereum blockchain. This enables developers to create dApps that leverage AI for various purposes.
TL;DR
Ora verifies and proves that AI models perform requested inferences.
Ora allows deployment of AI models directly on the blockchain for transparency.
Ora enables sustainable funding for open-source AI models via Initial Model Offerings (IMOs).
Ora empowers developers to create new dApps that leverage AI securely.
๐ก How Ora Work
Ora ensures verifiable ML by verifying and proving that the requested inferences have been performed by the respective models. ORA allows AI models to be deployed directly on the Ethereum blockchain. This ensures transparency and verifiability - anyone can see how the AI arrives at its conclusions.ย
Ora enables sustainable funding for open-source AI models and grants users ownership through IMO: Initial Model Offering.ย
While Integration AI models with smart contracts, ORA empowers developers to create a new breed of dApps. These applications can leverage AI for tasks like fraud detection, risk assessment, or even generating creative content โ all in a secure and trustless manner.ย
๐ผ Initial Model Offering
Most open-sourced AI models are not motivated to monetize their contributions, and this becomes a key hurdle, restraining the flow of contributions from both independent individuals and organizations.
ย Therefore, for now, the AI industry is run by closed-source businesses that aim at generating profit. It is thus clear that in order to replicate the formula that saw open source models win, AI models need to acquire more funding and code in the open.
Combined with IMO, we can win the battle for AI liquidity in the form of open source. IMO, sustainability can be provided by long-term benefits and promoting investment to the open-source AI model and its actors/helpers. The win is the cases when we have better open source models than the proprietary ones.
However, IMO is similar to the ownership of open-source models in the field of AI through tokens and shares its profit to its investors
โก Advantages of ORA Oracle Network
ORA Oracle Network consists of node operators who run AI Oracle nodes to execute and secure computations with verifiable proofs. Some of the key advantages of oracle network include:
Unstoppable autonomous protocol and network
Optimal cryptography-native decentralization
Verifiable, decentralized, and secure network
Safeguarding the security of the base layer
Efficient allocation of computing power
1-of-N trust model
๐ผ Data Credit
> Wikipedia
> Ora Blog
> Blockworks
> Messari
๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ
Varifiable and trustless AI will be a groundbreaking addition to the Ethereum blockchain. These implementation will help to build more varifiable and Transparent Dapps .ย
๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น๐ธ๐น
๐ ๐ด๐ฒ๐ท๐ฐ๐ฝ๐ณ๐ ๐ธ๐ฟ๐ 123