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The Future of the Internet: Web3, DePIN & Aleph Supercloud

After months of passionate nominations, fierce voting, and unmatched community energy, the results for Startups of The Year 2024 are officially in. With over 150,000 startups nominated and more than 4 million votes cast, this has been our most explosive year yet — with the Cybersecurity industry among the most competitive categories. 150,000 startups 4 million votes cast As cloud computing and IoT continue to expand, so do the risks. Startups have risen to the challenge, pushing the boundaries of what's possible in network security, endpoint protection, IAM, and SOCs. These innovators aren't just building tools — they're redefining digital defense for a new era. network security endpoint protection IAM SOCs So without further ado, let’s spotlight the Cybersecurity startups of 2024! Cybersecurity startups of 2024! 🏆 Key Stats Let’s start out with some general stats for all of you technical folks. Total Startups Participated: 5,682
Sub Industries Represented: 7
Total Votes Gathered: 1,900,000
Winning Startups: 7 Total Startups Participated: 5,682 Total Startups Participated: Sub Industries Represented: 7 Sub Industries Represented: Total Votes Gathered: 1,900,000 Total Votes Gathered: Winning Startups: 7 Winning Startups: To explore winning top startups in other industries or cities, head over to startups.hackernoon.com and use the search bar — the name at the top of each list is the winner.


You may also check out the full list of nominated startups in the Cybersecurity Industry HERE.



Stay tuned for our Startups of The Year Winner Announcement Series, where we’ll be highlighting the top startups across various regions and industries. To explore winning top startups in other industries or cities, head over to startups.hackernoon.com and use the search bar — the name at the top of each list is the winner.


You may also check out the full list of nominated startups in the Cybersecurity Industry HERE. To explore winning top startups in other industries or cities, head over to startups.hackernoon.com and use the search bar — the name at the top of each list is the winner. To explore winning top startups in other industries or cities, head over to startups.hackernoon.com and use the search bar — the name at the top of each list is the winner. startups.hackernoon.com You may also check out the full list of nominated startups in the Cybersecurity Industry HERE. You may also check out the full list of nominated startups in the Cybersecurity Industry HERE. HERE. HERE Stay tuned for our Startups of The Year Winner Announcement Series, where we’ll be highlighting the top startups across various regions and industries. Stay tuned for our Startups of The Year Winner Announcement Series, where we’ll be highlighting the top startups across various regions and industries. Startups of The Year Winner Announcement Series Here are all the 2024 Startups of The Year winners for Cybersecurity!! Cybersecurity Data Privacy And Compliance (735.2k total votes, 2k startups) Data Privacy And Compliance WINNER: Accredify WINNER: Accredify Accredify SECUREU
Sprinto SECUREU SECUREU Sprinto Sprinto Honorable Mentions: Honorable Mentions: Peris.ai - Cybersecurity
Didit
SharePass
AI Verse
Encryptecl Cyber Guards
Integritee
cheqd.io Peris.ai - Cybersecurity Peris.ai - Cybersecurity Didit Didit SharePass SharePass AI Verse AI Verse Encryptecl Cyber Guards Encryptecl Cyber Guards Integritee Integritee cheqd.io cheqd.io Cybersecurity Services And Products (725.7k total votes, 1.3k startups) Cybersecurity Services And Products WINNER: SECUREU WINNER: SECUREU SECUREU Sprinto
Peris.ai - Cybersecurity Sprinto Sprinto Peris.ai - Cybersecurity Peris.ai - Cybersecurity Honorable Mentions: Honorable Mentions: SharePass
Encryptecl Cyber Guards
Integritee
CodeNekt
Pan Galactic Developments Ltd
Sage Serv Forensic Labs Limited
SGNL SharePass SharePass Encryptecl Cyber Guards Encryptecl Cyber Guards Integritee Integritee CodeNekt CodeNekt Pan Galactic Developments Ltd Pan Galactic Developments Ltd Sage Serv Forensic Labs Limited Sage Serv Forensic Labs Limited SGNL SGNL Network Security (353.7k total votes, 1.7k startups) Network Security WINNER: SECUREU WINNER: SECUREU SECUREU Peris.ai - Cybersecurity
Encryptecl Cyber Guards Peris.ai - Cybersecurity Peris.ai - Cybersecurity Encryptecl Cyber Guards Encryptecl Cyber Guards Honorable Mentions: Honorable Mentions: autobotAI
QOD Information Technology
Celona
CleverChain
PriorityZero
Cywer Learning
Goldilock autobotAI autobotAI QOD Information Technology QOD Information Technology Celona Celona CleverChain CleverChain PriorityZero PriorityZero Cywer Learning Cywer Learning Goldilock Goldilock Threat Intelligence (58.1k total votes, 484 startups) Threat Intelligence WINNER: autobotAI - SecOps Automation WINNER: autobotAI - SecOps Automation autobotAI - SecOps Automation Nexustorage
Goldilock Nexustorage Nexustorage Goldilock Goldilock Honorable Mentions: Honorable Mentions: Hunt & Hackett
CleverChain
Apate.AI
Krishi Shwapno
Alethea
SEMA Telecom
Academy Security Group Hunt & Hackett Hunt & Hackett CleverChain CleverChain Apate.AI Apate.AI Krishi Shwapno Krishi Shwapno Alethea Alethea SEMA Telecom SEMA Telecom Academy Security Group Academy Security Group Access Control (698 total votes, 34 startups) Access Control WINNER: Cerbos WINNER: Cerbos Cerbos SGNL
AVADA Group Limited SGNL SGNL AVADA Group Limited AVADA Group Limited Honorable Mentions: Honorable Mentions: Transart Technologies Pvt Ltd
CoreBridge Solutions
Tierra Automation
CN Solutions
Yellowbox
ENGINEERING & TECHNOLOGY SERVICES (IoT solutions)
LogicLens Solutions Private Limited Transart Technologies Pvt Ltd Transart Technologies Pvt Ltd CoreBridge Solutions CoreBridge Solutions Tierra Automation Tierra Automation CN Solutions CN Solutions Yellowbox Yellowbox ENGINEERING & TECHNOLOGY SERVICES (IoT solutions) ENGINEERING & TECHNOLOGY SERVICES (IoT solutions) LogicLens Solutions Private Limited LogicLens Solutions Private Limited Location Services (72 total votes, 52 startups) Location Services WINNER: Charitism WINNER: Charitism Charitism AVADA Group Limited
Echo Analytics AVADA Group Limited AVADA Group Limited Echo Analytics Echo Analytics Honorable Mentions: Honorable Mentions: YoloBus, an EaseMyTrip.com Company
Health New Zealand | Te Whatu Ora
GRAM
Sator Grove Holdings
Mesa Quantum
Aheesa Digital Innovations Private Limited
Supply Change Capital YoloBus, an EaseMyTrip.com Company YoloBus, an EaseMyTrip.com Company Health New Zealand | Te Whatu Ora Health New Zealand | Te Whatu Ora GRAM GRAM Sator Grove Holdings Sator Grove Holdings Mesa Quantum Mesa Quantum Aheesa Digital Innovations Private Limited Aheesa Digital Innovations Private Limited Supply Change Capital Supply Change Capital Vpn (25 total votes, 11 startups) Vpn WINNER: Super Unlimited Inc. WINNER: Super Unlimited Inc. Super Unlimited Inc. AVADA Group Limited
Township Technology AVADA Group Limited AVADA Group Limited Township Technology Township Technology Honorable Mentions: Honorable Mentions: INNOVATIVE CONNECTING PTE. LIMITED
BITCHIEF TECHNOLOGY SERVICES PRIVATE LIMITED
Everlast Networks
unifyr
CopCoder
IDEXIAL TECHNOLOGIES
MikroTik Ghana INNOVATIVE CONNECTING PTE. LIMITED INNOVATIVE CONNECTING PTE. LIMITED BITCHIEF TECHNOLOGY SERVICES PRIVATE LIMITED BITCHIEF TECHNOLOGY SERVICES PRIVATE LIMITED Everlast Networks Everlast Networks unifyr unifyr CopCoder CopCoder IDEXIAL TECHNOLOGIES IDEXIAL TECHNOLOGIES MikroTik Ghana MikroTik Ghana Congratulations to you all! We will contact you with details on how to claim your winnings! Congratulations to you all! We will contact you with details on how to claim your winnings! Congratulations to you all! We will contact you with details on how to claim your winnings! See the global regional announcements here.
See the global industry announcements here. See the global regional announcements here.
See the global industry announcements here. See the global regional announcements here. here See the global industry announcements here. here About HackerNoon’s Startups of The Year Startups of The Year 2024 is HackerNoon’s flagship community-driven event celebrating startups, technology, and the spirit of innovation. Currently in its third iteration, the prestigious Internet award recognizes and celebrates tech startups of all shapes and sizes. This year, over 150,000 entities across 4200+ cities, 6 continents, and 100+ industries participated in a bid to be crowned the best startup of the year! Millions of votes have been cast over the past few years, and many storieshave been written about these daring and rising startups. Startups of The Year 2024 many stories The winners will get a free interview on HackerNoon and an Evergreen Tech Company News page. free interview Evergreen Tech Company News Visit our FAQ page to learn more. FAQ Download our design assets here. here Check out the Startups of The Year Merch Shop here. here HackerNoon’s Startups of The Year is a branding opportunity unlike any other. Whether your goal is brand awareness or lead generation, HackerNoon has curated packages to solve your marketing challenges. Book a meeting with us to learn more! curated packages Book a meeting with us to learn more! Book a meeting with us to learn more! Meet our sponsors: Meet our sponsors: Wellfound: Join the #1 global, startup-focused community. At Wellfound, we're not just a job board—we're the place where top startup talent and the world's most exciting companies connect to build the future. Wellfound: Join the #1 global, startup-focused community Notion: Notion is trusted and loved by thousands of startups as their connected workspace—from building product roadmaps to tracking fundraising. Try Notion with unlimited AI, FREE for up to 6 months, to build and scale your company with one powerful tool.Get your offer now! Notion: Try Notion with unlimited AI, FREE for up to 6 months Get your offer now ! Hubspot: If you’re looking for a smart CRM platform that meets the needs of small businesses, look no further than HubSpot. Seamlessly connect your data, teams and customers in one easy-to-use scalable platform that grows with your business. Get started for free. Hubspot: Get started for free Bright Data: Startups that leverage public web data can make faster, data-driven decisions, giving them a competitive edge. With Bright Data’s scalable web data collection, businesses can grow from a small operation to an enterprise by harnessing insights at every stage. Bright Data: Bright Data’s scalable web data collection Algolia: Algolia NeuralSearch is the world's only AI end-to-end Search and Discovery Platform combining powerful keyword and natural language processing in a single API. Algolia: AI end-to-end Search and Discovery Platform

Startups of The Year 2024 Winners: Cybersecurity

Стартовете на годината 2024 - победители в киберсигурността

Startupovi godine 2024 Pobjednici: Kibersigurnost

Les startups guanyadores de l'any 2024: ciberseguretat

Vinderne af Årets Startups 2024: Cybersikkerhed

Las startups del año 2024 ganadoras: ciberseguridad

Les startups gagnantes de l’année 2024 : cybersécurité

Le start-up dell'anno 2024 vincitori: Cybersecurity

Startups of the Year 2024 Winners: サイバーセキュリティ

2024 жылға дейін Startups: Cybersecurity

Startups of the Year 2024 Победници: Киберсигурност

Startup Tahun 2024 Pemenang: Keselamatan Siber

Startups of the Year 2024 Vinnare: Cybersecurity

Decentralized finance (DeFi) has reshaped the way assets are traded, borrowed, and lent on blockchain networks. It has done so with remarkable speed, offering open access to financial services without intermediaries. But for all its innovation, DeFi has yet to solve one of the fundamental issues that prevents large-scale institutional adoption: predictability. Unlike traditional finance, where fixed rate lending and borrowing have long provided stability to global markets, DeFi has largely relied on variable interest rates and yield incentive mechanisms. These models, while flexible, have been too volatile for institutions looking to deploy large amounts of capital. DELV, a software development studio for web3, led by __CEO Charles St. Louis,__is addressing this issue head-on. DeFi’s Volatility Problem The global fixed-income market is valued at over $100 trillion, yet DeFi has barely scratched the surface of capturing institutional participation. "The fixed income market relies on stability, and DeFi has struggled to offer predictable returns due to its reliance on variable rates and complex yield strategies," says St. Louis. Variable rates force investors into constant reinvestment cycles, shifting capital from one liquidity pool to another to optimize returns. For traditional investors, particularly institutions accustomed to stable, long-term returns, this unpredictability is a barrier to entry. This is where__DELV’s Hyperdrive protocol__ comes in. Unlike conventional DeFi mechanisms that require borrowers and lenders to constantly adjust to fluctuating rates, Hyperdrive offers fixed rate yield and borrowing, bringing a more structured approach to decentralized financial markets. DELV’s Structural Shift: Fixed Rate DeFi Hyperdrive, an automated market maker (AMM), enables yield seekers and lenders to lock in predictable returns, borrowers to cap the interest they pay (allowing for stable, long-term financing), and liquidity providers to efficiently contribute capital while earning fees. The protocol’s modular architecture also allows for seamless integration with major DeFi platforms such as Morpho, Sky, and Aave, expanding its reach without requiring users to leave their preferred ecosystems. "Hyperdrive eliminates the need for constant monitoring and reinvestment by enabling everlasting liquidity provisioning, making it easier for institutions to participate in DeFi," St. Louis explains. One of its key innovations is single-sided liquidity provisioning, a mechanism that allows liquidity providers to contribute capital without needing to actively manage or rollover capital once terms expire. In traditional DeFi, liquidity pools rely on a balance between two different assets, often creating losses and imbalances when rates fluctuate. Hyperdrive’s design optimizes for capital efficiency and security, making yield markets more attractive to institutional players. Moving Beyond Yield Rate Trading Many DeFi platforms focus on maximizing yield trading strategies, prioritizing short-term gains over long-term sustainability. DELV is taking a different approach. Rather than chasing the highest possible yield, it is developing fixed rate financial structures that more closely resemble traditional fixed-income products but with the added benefits and distinctions of blockchain technology, such as greater transparency, automation, efficiency, and accessibility. Tokenized real-world assets (RWAs) are also a major part of DELV’s roadmap. Institutions have started exploring onchain bonds, credit instruments, and fixed-income derivatives, but the lack of structured lending markets has made their integration into DeFi challenging. DELV’s infrastructure bridges this gap by enabling tokenized fixed rate borrowing and lending. The Future of Fixed Rate DeFi With regulatory discussions heating up and institutional players exploring digital assets at a break neck speed, DELV’s focus on fixed rate yield and borrow products aims to bridge traditional finance and DeFi in a sustainable, scalable way. As institutional players seek structured, long-term investment opportunities in DeFi, companies like DELV are providing the financial frameworks to make it happen. While yield speculation and trading volume have fueled DeFi’s rapid growth, sustainable, fixed rate financial products will determine its long-term success. If DeFi is to become a true alternative to traditional finance, it needs more than just high, variable APY — it needs stability, and DELV may be the company to deliver it. Decentralized finance (DeFi) has reshaped the way assets are traded, borrowed, and lent on blockchain networks. It has done so with remarkable speed, offering open access to financial services without intermediaries. But for all its innovation, DeFi has yet to solve one of the fundamental issues that prevents large-scale institutional adoption: predictability. Unlike traditional finance, where fixed rate lending and borrowing have long provided stability to global markets, DeFi has largely relied on variable interest rates and yield incentive mechanisms. These models, while flexible, have been too volatile for institutions looking to deploy large amounts of capital. DELV , a software development studio for web3, led by __ CEO Charles St. Louis, __is addressing this issue head-on. DELV DELV CEO Charles St. Louis, DeFi’s Volatility Problem DeFi’s Volatility Problem The global fixed-income market is valued at over $100 trillion, yet DeFi has barely scratched the surface of capturing institutional participation. The global fixed-income market is valued at over $100 trillion, The global fixed-income market is valued at over $100 trillion, "The fixed income market relies on stability, and DeFi has struggled to offer predictable returns due to its reliance on variable rates and complex yield strategies," says St. Louis. "The fixed income market relies on stability, and DeFi has struggled to offer predictable returns due to its reliance on variable rates and complex yield strategies," Variable rates force investors into constant reinvestment cycles, shifting capital from one liquidity pool to another to optimize returns. For traditional investors, particularly institutions accustomed to stable, long-term returns, this unpredictability is a barrier to entry. This is where__ DELV’s Hyperdrive protocol __ comes in. Unlike conventional DeFi mechanisms that require borrowers and lenders to constantly adjust to fluctuating rates, Hyperdrive offers fixed rate yield and borrowing, bringing a more structured approach to decentralized financial markets. DELV’s Hyperdrive protocol DELV’s Structural Shift: Fixed Rate DeFi DELV’s Structural Shift: Fixed Rate DeFi Hyperdrive, an automated market maker ( AMM ), enables yield seekers and lenders to lock in predictable returns, borrowers to cap the interest they pay (allowing for stable, long-term financing), and liquidity providers to efficiently contribute capital while earning fees. The protocol’s modular architecture also allows for seamless integration with major DeFi platforms such as Morpho, Sky, and Aave, expanding its reach without requiring users to leave their preferred ecosystems. AMM AMM "Hyperdrive eliminates the need for constant monitoring and reinvestment by enabling everlasting liquidity provisioning, making it easier for institutions to participate in DeFi," St. Louis explains. "Hyperdrive eliminates the need for constant monitoring and reinvestment by enabling everlasting liquidity provisioning, making it easier for institutions to participate in DeFi," One of its key innovations is single-sided liquidity provisioning, a mechanism that allows liquidity providers to contribute capital without needing to actively manage or rollover capital once terms expire. In traditional DeFi, liquidity pools rely on a balance between two different assets, often creating losses and imbalances when rates fluctuate. Hyperdrive’s design optimizes for capital efficiency and security, making yield markets more attractive to institutional players. Moving Beyond Yield Rate Trading Moving Beyond Yield Rate Trading Many DeFi platforms focus on maximizing yield trading strategies, prioritizing short-term gains over long-term sustainability. DELV is taking a different approach. Rather than chasing the highest possible yield, it is developing fixed rate financial structures that more closely resemble traditional fixed-income products but with the added benefits and distinctions of blockchain technology, such as greater transparency, automation, efficiency, and accessibility. Tokenized real-world assets (RWAs) are also a major part of DELV’s roadmap. Institutions have started exploring onchain bonds, credit instruments, and fixed-income derivatives, but the lack of structured lending markets has made their integration into DeFi challenging. DELV’s infrastructure bridges this gap by enabling tokenized fixed rate borrowing and lending. The Future of Fixed Rate DeFi The Future of Fixed Rate DeFi With regulatory discussions heating up and institutional players exploring digital assets at a break neck speed, DELV’s focus on fixed rate yield and borrow products aims to bridge traditional finance and DeFi in a sustainable, scalable way. As institutional players seek structured, long-term investment opportunities in DeFi, companies like DELV are providing the financial frameworks to make it happen. While yield speculation and trading volume have fueled DeFi’s rapid growth, sustainable, fixed rate financial products will determine its long-term success. If DeFi is to become a true alternative to traditional finance, it needs more than just high, variable APY — it needs stability, and DELV may be the company to deliver it.

From Variable to Fixed: The Architecture Behind DELV’s Fixed-Rate Yield & Borrow Products

Od variabilního k pevnému: Architektura stojící za produkty DELV s pevnou sazbou výnosů a půjček

De variable a fijo: la arquitectura detrás de los productos de rendimiento y préstamo a tasa fija de DELV

Aldagaitik finkora: DELVren tasa finkoaren errendimenduaren eta maileguan produktuen atzean dagoen arkitektura

変動金利から固定金利へ: DELV の固定金利利回りおよび借入商品の背後にあるアーキテクチャ

Айнымалыдан тұрақтыға дейін: DELV тұрақты мөлшерлеме кірістілігі мен қарыз өнімдерінің артындағы архитектура

ຈາກຕົວແປຫາຄົງທີ່: ສະຖາປັດຕະຍະກຳທີ່ຢູ່ເບື້ອງຫຼັງຜະລິດຕະພັນໃຫ້ຜົນຜະລິດອັດຕາຄົງທີ່ຂອງ DELV ແລະເງິນກູ້

Avy amin'ny Variable ka hatramin'ny Fixed: Ny Architecture ao ambadiky ny vokatra azo avy amin'ny taham-pahafatesan'ny DELV sy mindram-bola

चरबाट स्थिरसम्म: DELV को निश्चित-दर उपज र उधारो उत्पादनहरू पछाडिको वास्तुकला

Kubva Kuchinjika kune Yakagadziriswa: Iyo Architecture Kuseri kweDELV's Yakagadziriswa-Chiyero Goho & Kukwereta Zvigadzirwa

Laga soo bilaabo Beddelka ilaa Go'an: Naqshadeynta Ka Danbaysa Waxsoosaarka-Qabsan & Alaabooyinka Amaahda ee DELV

Kutoka kwa Kibadala hadi kisichobadilika: Usanifu Nyuma ya Mavuno na Bidhaa za Kukopa za Kiwango cha Kudumu za DELV

O'zgaruvchidan sobitgacha: DELVning qat'iy stavkali rentabellik va qarz mahsulotlari ortidagi arxitektura

The Harsh Truth About Crypto: Demand Is Everything, and You’re Probably Losing

Cripto tuqit qhuru chiqa: Demandax Taqi kunawa, ukat Inas Chhaqt’asksta

Суровая праўда пра крыптаграфію: попыт - гэта ўсё, і вы, верагодна, прайграеце

Surova istina o kripto: potražnja je sve, a vi vjerovatno gubite

La dura verdad sobre las criptomonedas: la demanda lo es todo y probablemente estés perdiendo

क्रिप्टो के बारे में कठोर सच्चाई: मांग ही सब कुछ है, और आप शायद हार रहे हैं

Surova istina o kripto: potražnja je sve, a vi vjerojatno gubite

Kebenaran Pahit Tentang Kripto: Permintaan Adalah Segalanya, dan Anda Mungkin Kalah

暗号通貨の厳しい真実：需要がすべてであり、あなたはおそらく負けている

ការពិតដ៏អាក្រក់អំពី Crypto: តម្រូវការគឺអ្វីគ្រប់យ៉ាង ហើយអ្នកប្រហែលជាបាត់បង់

Xaqiiqda Adag ee ku saabsan Crypto: Baahidu waa wax walba, waxaana laga yaabaa inaad lumiso

Жорстока правда про криптовалюту: попит — це все, і ви, ймовірно, програєте

INyaniso eNcinci malunga neCrypto: Imfuno yiyo yonke into, kwaye mhlawumbi ulahlekile

Neverending Options: Trading Options To Infinity And Beyond

Nekonečné možnosti: Možnosti obchodování do nekonečna a dále

Uendelige muligheder: Handelsmuligheder til uendelighed og videre

Opciones sin fin: negociación de opciones hasta el infinito y más allá

Opcións sen fin: opcións comerciais ao infinito e máis aló

Beskrajne opcije: Trgovanje opcijama do beskonačnosti i dalje

終わりのないオプション: 無限に続くオプション取引

Safidy tsy misy fetra: Safidy varotra mankany amin'ny Infinity sy ny ankoatra

Бескрајни опции: Опции за тргување до бесконечност и пошироко

Chaguzi Zisizoisha: Chaguzi za Biashara Kwa Infinity na Zaidi

መወዳእታ ዘይብሉ ኣማራጺታት፡ ንግዳዊ ኣማራጺታት ናብ ኢንፊኒቲን ኪኖኡን።

Quyền chọn không bao giờ kết thúc: Quyền chọn giao dịch đến vô cực và xa hơn nữa

Izinketho Ezingapheli: Izinketho Zokuhweba Ku-Infinity Nangaphezulu

The Nirvana protocol has one mission: to produce a truly resilient store of value. One that holds its worth regardless of market cycles, evolves without central planning, and scales indefinitely. Without these three legs to the stool, an asset’s value will only ever be temporary. Nirvana builds on the open and algorithmic nature of decentralized finance to create an entirely new class of asset that meets the promise of this new paradigm we call “DeFi”. In a word: Nirvana’s store of value – ANA – could very well be the most “cryptonative” of all assets on offer. It takes the principles of crypto and blockchain seriously – almost fanatically – and encodes them into its DNA. It is not controversial to note that crypto (and especially DeFi) has been going through a rough, prolonged puberty. The sector has been stuck in the awkward phase of being half “decentralized” and half “traditional”, half “democratic” while half manipulated by cabals of ultra-wealthy insiders. The goal was trustless, open, algorithmic systems, but the reality has been a messy blend of old-fashioned problems with new-fashioned aspirations. Crypto caught on because it promised to create an asset that is resilient, decentralized, and scalable. Nirvana’s purpose is to bring this vision finally to reality. Let’s take these three pillars one at a time. 1. Resilient Value The hope for Bitcoin is that it becomes “digital gold” – that is, a “safe haven” asset that holds its value with a rock-hard grip. So far, this remains just hope. The annualized volatility of Bitcoin has been 4-9 times greater than gold’s, and it is anyone’s guess where the roller coaster goes next. The problem is not Bitcoin’s fault. It is that Bitcoin’s technology is not of the same ilk as its market. Its ledger is famously tamper-resistant, but its market is only human, and sometimes, humans decide to rotate out liquidity. This fact will never change. Bitcoin’s price has nothing to do with blockchain technology, and the value that Bitcoin stores has much to do with the convictions of Michael Saylor and Blackrock. We should go one step further with digital assets. Nirvana’s key insight is: make the market algorithmic too. If the liquidity for the asset is deterministic, and the humans are left out of the equation, then we can guarantee value for a token with the same mathematical precision that we guarantee its supply. Yes, Bitcoin guarantees that the supply will stop at 21 million – but what if it could guarantee that its price will never go below, say, $70k? Nirvana does. Nirvana’s ANA token has a hard floor price, guaranteed at the protocol level. This price cannot be breached because the mathematical rules of the Nirvana market ensure that every ANA token in supply can be sold back to the protocol at this floor price. But why stop there? The floor price for ANA also rises. It rises automatically with demand for ANA and follows the price of ANA upward. Every time the floor ratchets up, the intrinsic value of ANA gets locked in forever. The more expensive ANA becomes, the higher the floor price becomes, and the greater amount of value gets permanently stored in each token. We can do better than “digital gold”. After all, the price of physical gold has no bottom. When we make the market and liquidity itself algorithmic, we have an entirely new kind of asset that has truly guaranteed value. The price of ANA may go up and down, but it can only go down so far as its current floor allows. 2. Democratic Participation One remarkable goal of crypto protocols is to be everlasting. They should continue to live long, healthy lives even if the founder disappears. After all, they are just code. But the original creator is not infallible, and protocols need to adapt after inception to survive. It is not viable to freeze the code once, and never touch it again. The truth is that all major DeFi teams make changes to their programs, big and small, all the time. The founders must operate their business as businesspeople would, and it is an open secret that a great many attempts at decentralized governance turn out to be theater in practice. There is another path. Nirvana’s governance is simple, deterministic, and mechanical – just like its market. The first and most important step in liberating governance from central authority is zero “team allocation” of governance power. With Nirvana, everyone is on equal footing on Day 1. There are no governance tokens held back in insider wallets, put on vesting schedules, or pre-sold in dark OTC markets. Remember: when a team “airdrops” its governance token, but keeps 80% of the supply in reserve for its own stewardship, this is oligarchy, not democracy. The second step is to embed the governance process in the automated, immutable code of the contract. The code itself is like a Constitution document for the protocol – it sets the rules for how governance functions and makes affects on the program. All that can happen is users participate in governance according to those indelible rules. The method for governing Nirvana is simple. Every mutable parameter of the protocol is a number, and this number can be nudged in one direction or the other every week, according to a programmatic ballot. This elegant system gives full control over the token holders to steer the protocol gradually, without the need for any central committee with admin access. Nirvana gives control of the protocol to the rational, economic incentives of its participants. And by doing so, ensures that the protocol will endure, evolve, and adapt regardless of any one human’s involvement. 3. Endless Scale DeFi broke down barriers. All you need is a connection to the internet in order to participate. But most, if not all, crypto assets buckle under the weight of massive adoption and ultimately break. They cannot truly scale as useful stores of value for hundreds of millions of individuals simply because too much of the supply is overly concentrated among those who got in early. Concentration can be good for price, but it is bad for liquidity. The key to making an asset scalable is that it becomes more liquid as it becomes more valuable. The status quo among crypto assets is unfortunately the opposite. The common playbook for tokens is to restrain supply, and thereby reduce liquidity and increase volatility, in the hope of price appreciation. Needless to say, low liquidity cuts both ways. And the brief history of crypto markets has already experienced numerous liquidity crises where panic selling seemed like the only option. The ANA token is paradigmatically different. It scales indefinitely, meaning there is no cap on supply, but it is also never printed out of thin air. Every ANA token exists strictly because someone paid for it. And when that someone bought it, they also increased its liquidity – that is, they extended the sell depth. With this one move, Nirvana turns the presumed negative relation between supply and price on its head. The prevailing myth is that a greater supply implies a lower value, but with ANA its supply and its value are positively correlated. More ANA means more liquidity and value for ANA. There is no cap on the supply for ANA because there is no cap on the value of ANA. These two properties are combined in the mathematics of the Nirvana market. ANA will become as plentiful and valuable as its holders want, and the floor price will rise at pace. But even if the circulating supply and price explode, illiquidity is not a problem ANA will ever face since the floor price is guaranteed for all tokens. Panic selling is not rational in this system. And even if a spurt of irrational selling does occur, it will never move the price beneath its floor. There is no reason to rush to the exit. Nirvana’s store of value is one that can be held securely by everyone because the market liquidity is maintained by no one. It scales automatically with adoption. Vision: cryptonative Store of Value Crypto ignited the imagination of a generation with its dream to produce an asset that is fair, open, and, in some real sense, permanent. Nirvana embodies this ideal by infusing cryptonative principles into every aspect of the protocol, including the price and liquidity of its asset. ANA is a “pure” cryptonative store of value. The market is cryptonative, the governance is cryptonative, and the scale is unlimited. The protocol truly steers itself and the market truly makes itself because the only power that has influence over either comes from the organic, anonymous users that participate in them. The value that ANA accrues comes from genuine market demand, and the value that ANA stores is guaranteed by the protocol’s floor price. By.  Sid of Nirvana Finance About Nirvana Founded by a distributed team of DeFi veterans with deep roots in the Solana ecosystem, Nirvana is on a mission to redefine token markets and elevate the decentralized finance landscape. With the relaunch of Nirvana V2, the team reaffirms its commitment to building secure, transparent, and equitable financial systems for all. This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here. The Nirvana protocol has one mission: to produce a truly resilient store of value. One that holds its worth regardless of market cycles, evolves without central planning, and scales indefinitely. Without these three legs to the stool, an asset’s value will only ever be temporary. Nirvana builds on the open and algorithmic nature of decentralized finance to create an entirely new class of asset that meets the promise of this new paradigm we call “DeFi”. Nirvana Nirvana In a word: Nirvana’s store of value – ANA – could very well be the most “cryptonative” of all assets on offer. It takes the principles of crypto and blockchain seriously – almost fanatically – and encodes them into its DNA. It is not controversial to note that crypto (and especially DeFi) has been going through a rough, prolonged puberty. The sector has been stuck in the awkward phase of being half “decentralized” and half “traditional”, half “democratic” while half manipulated by cabals of ultra-wealthy insiders. The goal was trustless, open, algorithmic systems, but the reality has been a messy blend of old-fashioned problems with new-fashioned aspirations. Crypto caught on because it promised to create an asset that is resilient, decentralized, and scalable. Nirvana’s purpose is to bring this vision finally to reality. Let’s take these three pillars one at a time. 1. Resilient Value 1. Resilient Value The hope for Bitcoin is that it becomes “digital gold” – that is, a “safe haven” asset that holds its value with a rock-hard grip. So far, this remains just hope. The annualized volatility of Bitcoin has been 4-9 times greater than gold’s, and it is anyone’s guess where the roller coaster goes next. The problem is not Bitcoin’s fault. It is that Bitcoin’s technology is not of the same ilk as its market . Its ledger is famously tamper-resistant, but its market is only human, and sometimes, humans decide to rotate out liquidity. This fact will never change. Bitcoin’s price has nothing to do with blockchain technology, and the value that Bitcoin stores has much to do with the convictions of Michael Saylor and Blackrock. technology market We should go one step further with digital assets. Nirvana’s key insight is: make the market algorithmic too. If the liquidity for the asset is deterministic, and the humans are left out of the equation, then we can guarantee value for a token with the same mathematical precision that we guarantee its supply. value Yes, Bitcoin guarantees that the supply will stop at 21 million – but what if it could guarantee that its price will never go below, say, $70k? price Nirvana does. Nirvana’s ANA token has a hard floor price, guaranteed at the protocol level. This price cannot be breached because the mathematical rules of the Nirvana market ensure that every ANA token in supply can be sold back to the protocol at this floor price. But why stop there? The floor price for ANA also rises. It rises automatically with demand for ANA and follows the price of ANA upward. Every time the floor ratchets up, the intrinsic value of ANA gets locked in forever . The more expensive ANA becomes, the higher the floor price becomes, and the greater amount of value gets permanently stored in each token. forever We can do better than “digital gold”. After all, the price of physical gold has no bottom. When we make the market and liquidity itself algorithmic, we have an entirely new kind of asset that has truly guaranteed value. The price of ANA may go up and down, but it can only go down so far as its current floor allows. 2. Democratic Participation 2. Democratic Participation One remarkable goal of crypto protocols is to be everlasting . They should continue to live long, healthy lives even if the founder disappears. After all, they are just code. everlasting But the original creator is not infallible, and protocols need to adapt after inception to survive. It is not viable to freeze the code once, and never touch it again. The truth is that all major DeFi teams make changes to their programs, big and small, all the time. The founders must operate their business as businesspeople would, and it is an open secret that a great many attempts at decentralized governance turn out to be theater in practice. There is another path. Nirvana’s governance is simple, deterministic, and mechanical – just like its market. The first and most important step in liberating governance from central authority is zero “team allocation” of governance power. With Nirvana, everyone is on equal footing on Day 1. There are no governance tokens held back in insider wallets, put on vesting schedules, or pre-sold in dark OTC markets. Remember: when a team “airdrops” its governance token, but keeps 80% of the supply in reserve for its own stewardship, this is oligarchy, not democracy. The second step is to embed the governance process in the automated, immutable code of the contract. The code itself is like a Constitution document for the protocol – it sets the rules for how governance functions and makes affects on the program. All that can happen is users participate in governance according to those indelible rules. The method for governing Nirvana is simple. Every mutable parameter of the protocol is a number, and this number can be nudged in one direction or the other every week, according to a programmatic ballot. This elegant system gives full control over the token holders to steer the protocol gradually, without the need for any central committee with admin access. Nirvana gives control of the protocol to the rational, economic incentives of its participants. And by doing so, ensures that the protocol will endure, evolve, and adapt regardless of any one human’s involvement. 3. Endless Scale 3. Endless Scale DeFi broke down barriers. All you need is a connection to the internet in order to participate. But most, if not all, crypto assets buckle under the weight of massive adoption and ultimately break. They cannot truly scale as useful stores of value for hundreds of millions of individuals simply because too much of the supply is overly concentrated among those who got in early. Concentration can be good for price, but it is bad for liquidity. The key to making an asset scalable is that it becomes more liquid as it becomes more valuable. The status quo among crypto assets is unfortunately the opposite. The common playbook for tokens is to restrain supply, and thereby reduce liquidity and increase volatility, in the hope of price appreciation. Needless to say, low liquidity cuts both ways. And the brief history of crypto markets has already experienced numerous liquidity crises where panic selling seemed like the only option. The ANA token is paradigmatically different. It scales indefinitely, meaning there is no cap on supply, but it is also never printed out of thin air. Every ANA token exists strictly because someone paid for it. And when that someone bought it, they also increased its liquidity – that is, they extended the sell depth. With this one move, Nirvana turns the presumed negative relation between supply and price on its head. The prevailing myth is that a greater supply implies a lower value, but with ANA its supply and its value are positively correlated. More ANA means more liquidity and value for ANA. There is no cap on the supply for ANA because there is no cap on the value of ANA. These two properties are combined in the mathematics of the Nirvana market. ANA will become as plentiful and valuable as its holders want, and the floor price will rise at pace. But even if the circulating supply and price explode, illiquidity is not a problem ANA will ever face since the floor price is guaranteed for all tokens. Panic selling is not rational in this system. And even if a spurt of irrational selling does occur, it will never move the price beneath its floor. There is no reason to rush to the exit. Nirvana’s store of value is one that can be held securely by everyone because the market liquidity is maintained by no one. It scales automatically with adoption. Vision: cryptonative Store of Value Vision: cryptonative Store of Value Crypto ignited the imagination of a generation with its dream to produce an asset that is fair, open, and, in some real sense, permanent. Nirvana embodies this ideal by infusing cryptonative principles into every aspect of the protocol, including the price and liquidity of its asset. ANA is a “pure” cryptonative store of value. The market is cryptonative, the governance is cryptonative, and the scale is unlimited. The protocol truly steers itself and the market truly makes itself because the only power that has influence over either comes from the organic, anonymous users that participate in them. The value that ANA accrues comes from genuine market demand, and the value that ANA stores is guaranteed by the protocol’s floor price. By.  Sid of Nirvana Finance About Nirvana About Nirvana About Nirvana Founded by a distributed team of DeFi veterans with deep roots in the Solana ecosystem, Nirvana is on a mission to redefine token markets and elevate the decentralized finance landscape. With the relaunch of Nirvana V2, the team reaffirms its commitment to building secure, transparent, and equitable financial systems for all. This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here . here

Introducing Nirvana V2: Here's What You Need to Know 

Nirvana V2 təqdimatı: Bilməli olduğunuz şey budur 

Presentamos Nirvana V2: esto es lo que necesitas saber

Prezante Nirvana V2: Men sa ou bezwen konnen 

Presentazione di Nirvana V2: ecco cosa devi sapere

Nirvana V2 のご紹介: 知っておくべきこと

Nirvana V2 менен тааныштыруу: Бул жерде сиз эмнени билишиңиз керек 

ແນະນຳ Nirvana V2: ນີ້ແມ່ນສິ່ງທີ່ເຈົ້າຕ້ອງຮູ້ 

Iepazīstinām ar Nirvana V2: Lūk, kas jums jāzina 

Re tsebiša Nirvana V2: Se ke Seo o Swanetšego go se Tseba 

د نیروانا V2 معرفي کول: دلته هغه څه دي چې تاسو ورته اړتیا لرئ پوه شئ 

Apresentando o Nirvana V2: Aqui está o que você precisa saber

Predstavujeme Nirvana V2: Tu je to, čo potrebujete vedieť 

You probably like sandwiches as a snack, but what about being sandwiched by your competitors on Google Search? Elastic Email (a Mailchimp competitor) has been advertising on Google for months. Google Ads constitute ~40% of their ad spend, so they must get fantastic results there, right? WRONG!! If you Google Elastic Email right now, here’s what you’ll see: They. Got. Sandwiched! If you went ‘oooooof’, then you’re a marketer at heart and should read on. Google Likes Your Money - Not You. When Google opened up the bidding mechanism for ADs, the first casualty was Ethics. Until then, Marketers refrained from encroaching upon competitors’ branding, and any harmless banter was considered' a bold move’—remember the Cola Wars? But today, we’re all cutthroats over that $5 CPM. Thanks, Google! Sandwiches like the one above are the norm, not the exception, while Google laughs its way to the bank. So, what can you do? Become Antifragile To The Punches Whenever we search on Google, we at least glance at the ads before either scrolling past them or clicking on the one that catches our fancy.Now, a fantastic copy might get you the click - cos we’re all wary of deceptively tantalizing copy; what will get you the click and the best chance of conversion is —Brand Recall.If I recognize the AD that shows up on my intent search, there’s a 99% chance I’ll click on their AD instead of anything else.That’s the power of Brand Recall.So, if you’re getting sandwiched by a competitor outspending you on your target keywords, build better brand recall and see your results convert while their ADs remain unclicked! Command Brand Recall Instead of Praying For It HackerNoon has helped 4,000+ companies command Brand Recall in myriad ways, and here’s our boldest campaign offering yet: Site Takeover! The Premise is Simple: Enable our partner brands to capture everlasting Brand Recall without fearing getting sandwiched. At $25k a week, you get: A logo AD atop our homepage
A big-ass banner AD next to our top stories On a CPM basis, it’ll come out to $10,…and if you book a meeting here to confirm a purchase, you get a $5k flat discount per week you buy. If you’re getting sandwiched, that’s your silver bullet, but if you broke the sandwich another way, let us know in the comments. You probably like sandwiches as a snack, but what about being sandwiched by your competitors on Google Search? Elastic Email (a Mailchimp competitor) has been advertising on Google for months. Google Ads constitute ~40% of their ad spend, so they must get fantastic results there, right? WRONG!! If you Google Elastic Email right now, here’s what you’ll see: They. Got. Sandwiched! They. Got. Sandwiched! If you went ‘oooooof’, then you’re a marketer at heart and should read on. Google Likes Your Money - Not You. When Google opened up the bidding mechanism for ADs, the first casualty was Ethics. Until then, Marketers refrained from encroaching upon competitors’ branding, and any harmless banter was considered' a bold move’—remember the Cola Wars? But today, we’re all cutthroats over that $5 CPM. Thanks, Google! Sandwiches like the one above are the norm, not the exception, while Google laughs its way to the bank. So, what can you do? Become Antifragile To The Punches Whenever we search on Google, we at least glance at the ads before either scrolling past them or clicking on the one that catches our fancy. Now, a fantastic copy might get you the click - cos we’re all wary of deceptively tantalizing copy; what will get you the click and the best chance of conversion is — Brand Recall. If I recognize the AD that shows up on my intent search, there’s a 99% chance I’ll click on their AD instead of anything else. That’s the power of Brand Recall. So, if you’re getting sandwiched by a competitor outspending you on your target keywords, build better brand recall and see your results convert while their ADs remain unclicked! Command Brand Recall Instead of Praying For It HackerNoon has helped 4,000+ companies command Brand Recall in myriad ways, and here’s our boldest campaign offering yet: Site Takeover! The Premise is Simple: Enable our partner brands to capture everlasting Brand Recall without fearing getting sandwiched. At $25k a week, you get: A logo AD atop our homepage A big-ass banner AD next to our top stories A logo AD atop our homepage A big-ass banner AD next to our top stories On a CPM basis, it’ll come out to $10,…and if you book a meeting here to confirm a purchase, you get a $5k flat discount per week you buy. if you book a meeting here If you’re getting sandwiched, that’s your silver bullet, but if you broke the sandwich another way, let us know in the comments.

How You Like Them Sandwiches?

আপনি তাদের স্যান্ডউইচ কিভাবে পছন্দ করেন?

Wie gefallen Ihnen die Sandwiches?

¿Cómo te gustan los sándwiches?

Comment aimez-vous ces sandwichs ?

आपको ये सैंडविच कैसे पसंद हैं?

サンドイッチはお好きですか?

샌드위치는 어때요?

Como você gosta deles sanduíches?

Как вам такие сэндвичи?

Sandviçleri Nasıl Seversiniz?

Bạn thích bánh mì kẹp như thế nào?

您喜欢这些三明治吗？

185 Stories To Learn About Ai Applications

Chaos in Code: AI Assistants Clash in a Battle for Digital Supremacy

This paper is under CC BY-NC-SA 4.0 DEED license. available on arxiv Authors: (1) H. Wen, Department of Economics, University of Bath; (2) T. Huang, Faculty of Business and Law, University of Roehampton; (3) D. Xiao, School of Mathematical Sciences. Table of Links Abstract and Introduction Relevant Blockchain Technologies Basic Model Advanced Models for Real-World Scenarios Monte Carlo Simulations Conclusions Future Investigations, and References 6. Conclusions Building on the insights drawn from our Monte Carlo simulation results, this culminating section distills our findings and teases out the intricate nuances that emerged throughout our study. We commence by probing the bedrock of our model—Intrinsic Incentive Mechanisms for Integrity-driven Ratings—which underscores the spontaneous motivations driving genuine ratings. Progressing further, we then delineate the Incentive Mechanisms for Actions, shedding light on the various levers and pulleys that can be manipulated to promote desired agent behaviors. As a summary to the contribution incentive mechanisms, a crucial balancing act then comes into focus as we navigate the dynamics of Balancing Stakeholders’ Shares and Network Effects, emphasizing the delicate equilibrium necessary for a thriving ecosystem. Rounding off our discourse, we elevate our gaze to a holistic vista, capturing the grand vision of the The Everlasting Reputation System as a Universal Sustainable Oracle, which places our system in the broader context of the blockchain oracle landscape. 6.1. Intrinsic Incentive Mechanisms for Integrity-driven Ratings In the realm of online ratings, ensuring integrity-driven feedback is pivotal. Our system’s design incorporates a mechanism that penalizes agents whose ratings diverge from the consensus, especially when they have staked a significant amount. This is instrumental in thwarting malicious actors. Vendors offering subpar products or services, contemplating artificially boosting their ratings or undermining their rivals, confront imminent hefty losses. Even if spurious reviews momentarily influence the consensus, integrity-driven reviews, over time, can redress the balance. This may relegate their staked ratings to the minority, inflicting substantial losses. Concurrently, vendors deliberating on posting negative reviews against competitors with top-notch products or services encounter an analogous predicament. Considering that the majority of consumers are predisposed to furnish positive feedback for high-caliber products or services, a malevolent negative review can swiftly be overshadowed, culminating in substantial losses for the deceitful vendor. This architecture ensures that, viewed through the lens of economic incentives, agents are propelled to rate with an integrity-driven mindset grounded in their firsthand experiences. Venturing into game theory, while agents may kick off with endeavors to ascertain the predominant sentiment, the game is poised to settle into a state where the lion’s share of agents unambiguously rate driven by their integrity-driven experience. This resonates with specific game theoretic models where cyclical guessing games gravitate towards the integrity-driven modus operandi espoused by autonomous participants [88]. Such findings not only bolster our theoretical postulations but also accentuate the tangible applicability of our blockchain-anchored reputation system. By synergizing individual motivations with the overarching system mechanics, we unfurl a resilient platform wherein integrity-driven ratings gain momentum, while duplicitous manipulations face retribution. 6.2. Incentive Mechanisms for Actions From our Monte Carlo Simulations (MCS) results and interpretations, we’ve distilled core insights on action-related staking behaviors within a blockchain-based reputation system: A clear distinction arises when comparing the adaptive model, which includes learning and adjustment mechanisms, to its non-learning counterparts in the context of staking on actions. Agents receiving positive feedback often increase their stakes, aiming to maximize their rewards. Conversely, those encountering negative outcomes tend to reduce their stakes to minimize losses. The trends observed in high-staking scenarios further reinforce these findings. Agents reaping positive benefits amplify their staking commitments, whereas those on the receiving end of negative feedback tend to retract. This pattern is akin to free-market behaviors where tasks naturally shift towards more proficient agents, sidelining the less adept ones. The introduction of features such as the option for agents to skip rounds and the utilization of non-random consumer selection provides deeper insights into staking behaviors. Notably, tasks are predominantly assigned to agents who commit significant credit points, an indicator of their dedication or skill set in specific roles. Agents with higher stakes simplify the selection criteria for consumers, giving them a competitive advantage and attracting newcomers. As a result, our blockchain-based reputation system effectively manages an onchain marketplace, steering clear of the fake rating problems common in traditional platforms. In summary, these findings highlight the platform’s intrinsic mechanisms for encouraging integrity and cultivating a beneficial relationship between consumers and providers. Importantly, the ability of our platform to counter fake reviews gives it a competitive edge, drawing in users and third-party vendors from competing systems. This positive feedback not only enhances the platform’s reputation but also leverages the network effect [89, 90], strengthening its market presence. 6.3. Balancing Stakeholders’ Shares and Network Effects Through our simulations, which incorporate contribution incentive mechanisms, we elucidate the potential equilibriums in credit point distributions. While external incentives may reduce the shares of existing stakeholders, they can simultaneously enhance the intrinsic value of each credit point via the network effect. There is a pivotal balance, achievable through judiciously crafted mechanisms and DAO governance, where an optimal outcome that serves all stakeholders’ interests can be realized. The aim is to crystallize this equilibrium and possibly enshrine it within a constitutional framework, thus establishing a robust foundation for the reputation system’s functionality. 6.4. The Everlasting Reputation System as a Universal Sustainable Oracle The rapid progression of blockchain technology has opened new horizons for decentralized applications. Within this paradigm, the oracle problem—the challenge of securely and reliably transmitting external data to the blockchain—emerges as a significant hurdle. Although Chainlink’s decentralized oracle aimed to address this, it faces challenges concerning long-term sustainability and potential dilution of asset value. Drawing from the inherent features of blockchain such as transparency and immutability, the everlasting reputation system presents a straightforward and sustainable solution to the universal oracle problem. It is anchored in a decentralized, collective rating mechanism, making it organically adaptive to supply real-world data to smart contracts, thereby functioning as a dynamic oracle network. The reputation system’s intrinsic advantage stems from its foundational principles. It endows participants with a robust and enduring incentive to rate transparently and honestly. This distinct methodology yields unparalleled advantages. For consumers, it acts as a guiding beacon, steering them to vendors who meet their anticipated standards. For vendors, it stands as a defensive shield against unfounded negative feedback from malevolent competitors, enabling them to foster and uphold their credibility. As the system magnetically draws an escalating number of consumers and vendors, its network effect burgeons. This amplifying network effect continually reinforces the oracle. Moreover, its adaptability and universality negate the need for complex, case-specific designs. As it intuitively attracts diverse users and data providers, the reputation system is poised to rival other oracles like Chainlink. Furthermore, with the potential integration of cryptographic tools such as Ring Signatures and ZeroKnowledge Proofs (ZKPs) to the reputation system, the oracle offers enhanced privacy adaptability: : Ring Signatures allow for digital signing by a group member, disclosing that a group member signed it but concealing the signer’s identity. Within oracles, this protects data providers’ identities. Specifically, as oracle providers feed data to smart contracts, using Ring Signatures ensures that the data’s specific provider remains undisclosed, offering oracle participants a layer of privacy. 1. Ring Signature Oracles : ZKPs let a prover authenticate a statement’s veracity to a verifier without revealing further relevant information about the statement. In oracles, ZKPs protect the data contents submitted to smart contracts, permitting data verification without unveiling the data’s detailed specifics. By integrating ZKPs, the system can effortlessly merge with existing blockchain frameworks, ensuring data privacy without compromising its accuracy or truth. 2. ZKP Oracles The evolving nature of the reputation system, driven by agent participation and feedback, epitomizes a self-tuning mechanism. Incorporating a Decentralized Autonomous Organization (DAO) in future phases will endow the oracle with perpetual evolution, distinguishing it from static oracle systems reliant on manual interventions or enhancements. 6.4.1. Advantageous Scenarios for the Universal Sustainable Oracle : Integration of Ring Signatures and ZKPs makes this system ideal for applications demanding high data confidentiality, such as banking transactions, confidential business dealings, legal documents, medical records, and private voting mechanisms. 1. Privacy-Sensitive Applications : Precise data is the lifeblood of DeFi. The reputation-based oracle can enhance financial protocols with reliable market data, optimizing the efficacy of platforms related to lending, borrowing, trading, or even risk management and insurance. 2. Decentralized Finance (DeFi) : The reputation system, with its emphasis on transparency and accuracy, can ensure product authenticity throughout supply chains. Industries prioritizing authenticity like agriculture, pharmaceuticals, electronics, luxury goods, and even art and antiques can greatly benefit. 3. Supply Chain Management In summary, rooted in blockchain principles and supplemented with ZKPs, the everlasting reputation system offers a comprehensive solution to the pertinent oracle dilemma. As blockchain garners wider acceptance, the need for a trustworthy oracle will surge, positioning this model as a leading contender that harmoniously blends data privacy, reliability, and durability.

Key Takeaways from an Intrinsic Integrity-Driven Rating Model for Sustainable Reputation
System

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