Post
Topic
Board Tokens (Altcoins)
Re: [ANN] æternity blockchain ∞ AE TOKEN ∞ [PoW & PoS | Oracles | Smart Contracts]
by
CoinOverlord
on 13/11/2017, 22:57:55 UTC
Bought 5000 tokens on etherdelta..
is there an option to do staking or run nodes .. where we earn additional coins


Hey looks like you can make ae from running an oracle and feeding it data for smart contracts to draw from. This is from the whitepaper:

"æternity is the only blockchain where users can make money by creating oracles for different data feeds and we expect a thriving oracle ecosystem to develop quickly. In the future even AIs might be able to create oracles for profit."


https://github.com/aeternity/aeternity-reimagined/blob/master/oracles.md

I wonder if an Oracle can generate new datas. I'm kinda unfamiliar with this tech so, let's say I feed it with some text, will it be able to predict more text, like a sort of decentralized A.I model ?

Oracles just let you access external data not on the blockchain. Like let's say you want to get the name of the first google.com search result for a certain query, you use an oracle to find the name of that search result since it lies outside the blockchain.