Smart contracts on Ethereum are fully self contained and any information or access to off-chain data is restricted. Tellor solves this problem by creating a system where parties can request the value of an off-chain data point (e.g. ETH/USD) and miners compete to add this value to an on-chain data bank, accessible by all Ethereum smart contracts. Inputs to a data series are secured by a network of staked miners. The main Tellor smart contract creates a time series of each requested data series and aims to become the standard source of high value data for decentralized applications. This oracle, “Tellor”, utilizes similar incentive mechanisms to other cryptocurrency systems through the issuance of Tellor’s token, Tributes, that are used to request a particular data series from miners.
GNY introduces machine learning to pre-existing blockchains, offering smart APIs that bridge to Ethereum, to Asch, to Lisk and any developer working with our universal system. With GNY Centre, GNY brings its own dedicated blockchain that can host side chains, offering a powerful set of tools to launch and host your own project from conception to implementation in the most developer friendly environment built around artificial intelligence. Launching as an ERC20 Token. GNY has a documented history in the US commercial market: https://artificial-intelligence.cioreview.com/vendor/2017/grey_jean_technologies.