BW.com lists RAVEN supporting the next wave of innovations in Decentralized AI
Dear Raven Protocol Community,
We are excited to announced that BW.com will be listing RAVEN on 10/23 15:00 (UTC +8).
Full announcement and details here:
https://bwexchange.zendesk.com/hc/en-us/articles/360051334491-Announcement-on-RAVEN-will-be-listed-on-BW-com
Deposits and Withdrawls will open at 10/22 18:00 (UTC +8)
BW stands for Bitcoin Website. BW started in 2014 as a Bitcoin mining pool. To date, 300,000 BTC, 1.5M LTC, and 2M ETH have been mined by BW pool. In 2017, BW launched its exchange service. BW has 6 major business units including spot trading, options trading, OTC, P2P, and a launch pad for projects. — CoinMarketCap
Supporting Open Source Projects and Technical Innovations
BW.com has supported the explosion of DeFi and NFTs quite early. Smart Contracts that have been in production for only a few months are inherently risky. To support projects this early is a true testament to their belief that these technical innovations need an ecosystem to thrive. We are excited that they will be supporting the Decentralized AI (DeAI) explosion as well.
Raven Protocol is a decentralized and distributed deep learning training protocol. The Raven Distribution Framework (RDF) is open sourced on GitHub. Linear Regression and Logistic Regression algorithms can now be used by the general public.
We’re creating a network of compute nodes that utilize idle compute power for the purposes of AI training where speed is the key. A native token is the key to bootstrapping a nascent network.
We want to incentivize and reward people all over the world to contribute their compute power to our network. Additionally, we will reward token holders (to be announced in the future phases) for running masternodes which will be responsible for orchestrating the training of various deep neural networks.
Our consensus mechanism is something we call Proof-of-Calculation. Proof-of-Calculation will be the primary guideline for the regulation and distribution of incentives to the compute nodes in the network. Following are the two prime deciders for the incentive distribution:
Speed: Depending upon how fast a node can perform gradient calculations (in a neural network) and return it back to the Gradient Collector.
Redundancy: The 3 fastest redundant calculation will only qualify for receiving the incentive. This will make sure that the gradients that are getting returned are genuine and of the highest quality.
Thank you to the whole team at BW for supporting our open source project and helping unlock technical innovations for years to come!
— The Raven Protocol Team
Raven Protocol: Q2 2019 Tech and Community Update:
https://medium.com/ravenprotocol/q2-2019-tech-and-community-update-4f836a9a1e97
Raven Protocol: Q3 2019 Tech project development Update:
https://medium.com/ravenprotocol/tldr-raven-stayed-heads-down-building-in-q3-2019-ae5f242dc15d
Raven Protocol: Q4 2019 Tech project development Update:
https://medium.com/ravenprotocol/happy-2020-an-important-update-from-the-raven-team-67b5e88e1b1d
Raven Protocol: Q1 2020 Tech project development Update:
https://medium.com/ravenprotocol/q1-2020-success-during-hard-times-3dcdbb0faba8
Raven Protocol: Q2 2020 Development and Community Update:
https://medium.com/ravenprotocol/q2-2020-the-raven-distribution-framework-solves-the-deep-learning-problem-that-mit-researchers-bc506816ab67
Raven Protocol: Q3 2020 Development and Community Update:
https://medium.com/ravenprotocol/q3-2020-algos-staking-and-burning-51cc57cb7ba
Raven Protocol Project Review:
https://cryptocalibur.com/portfolio-item/raven-protocol-review
Raven Protocol White Paper:
https://drive.google.com/file/d/1FAaVKkg_CjxMj-n1yHZc6ufcVDtOU1Ct/view?usp=sharing
OFFICIAL CHANNELS:
Official Email Address: founders@ravenprotocol.com
Official Website Link: http://www.RavenProtocol.com
Official Announcement Channel: https://t.me/raven_announcements
Official Telegram Group: https://t.me/ravenprotocol
Official Twitter: https://twitter.com/raven_protocol
Official Medium: https://medium.com/ravenprotocol
Official LinkedIn: https://linkedin.com/company/ravenprotocol
Official Github: https://www.github.com/ravenprotocol
Official #DeAI Discord: https://discord.gg/WF47ckd
