Thank you for introducing numer ai. It's quiet interesting I should take a look deeply. But my initial concern is that it is Eth based and it may not process sufficient amount of transactions per block to run hedge fund.
If the numer.ai is centralized, ie permissioned blockchain like ripple, then we should trust the administrator. I am concerned about trust issue since the admin may get away with client's money.
It's a very interesting space. I'm currently evaluating a few other prediction markets. In particular I'm liking what http://numer.ai are doing.
Thank you for introducing numer ai. It's quiet interesting I should take a look deeply. But my initial concern is that it is Eth based and it may not process sufficient amount of transactions per block to run hedge fund.
It's a valid concern, although I'm not so worried. I could be wrong but:
DISC: I'm watching Numer.ai, but not otherwise invested atm. That might change.
If the numer.ai is centralized, ie permissioned blockchain like ripple, then we should trust the administrator. I am concerned about trust issue since the admin may get away with client's money.
If it is centralized, there is no meaning of applying public blockchain.