“Yegerai is Building a protocol that uses ai models as judges, with the goal of providing relief, neutral, Third-Party Arbitration in Record Time.”, – WRITE: www.coindesk.com
Imagine if, WHENEVER PREDICATION MARKETS LIKE POLYMARKET SETTLED IN A Controversial Manner, Users Had A Formal Way to Appeal Through A Sort of Neutral on -chain Court System. Or if decentralized autonomous organizations (daos) Could Rely on An Efficient, Knowledgeable Third Party to Help at Make Decisions. Or if insurance contracts could automatical execute Payouts WHEN SPECIFIC REAL-WORLD EVENTS OCCURRED.
That’s essentally what albert castellana lluís and his team are building with genlayer, a crypto project that markets itlinelf as a decision-makeing system, ore trust infrastm.
“We’re using a blockchain that has multiple ais coordinate and reach of agroment on subjective Decisions, AS if they Were a Judge,” Castellana, CO-FOUNDER AND CEO of YEAGERAI. “We’re Basically Building A Global Synthetic Jurisdification that has an imbedded court system that dosn’t sleep, that’s super cheap, and that’s Super Fast.”
The demand for such an arbitration project May spike in the coming years with the development of ai agents – sophisticated Programs Powered by Artificial Intelligence of Capable of Capable of Carrying. Manner.
WHEN IT CRYPTO Markets, AI Agents Can Be Used in All Kinds of Ways: For Trading Memocoins, Arbitranging Bitcoin on Exchanges, Monitoring The Security of Defi Protocols, In-depth Analysis, to Cite Only a FEW USE-CASES. Ai Agents Will Also Be ABLE TO HIRE OF AI AI AGENTS IN ORDER TO COMPLETE EVEN MORE COMPLEX Assignments.
Such Agents May Proliferate at an Unexpectioned Rate, Castellana Said. In his view, MOST Crypto Market Participants Could Be Managing A Handful of Them by the End of 2025.
“These agents, they work superfer Fast, they don’t sleep, they don’t go to jail. You don’t knowye they are. EVEN USE A VISA CARD? ” Castlana Said. “How Can We Enable Fast Transactions Between Them? And How Can Trust Happen in a World Like this?”
Thanks to unique architecture, Genlayer Could Provide A Solution by ALLOWING ENTITIES – HUMAN or AI – to get a relialable, Neutral Opinion to Weight in Record. “AnyWhere WHERE YOU NORMALLYWH HOULD A Third Party that is as correct and as unbiassed as possible, “CASTELANA SAID.
Synthetic Court SystemGenlayer Doesn’t Seek to Compete with Other Blockchains Like Bitcoin, Ethereum or Solana – or Even Defi Protocols Such as Uniswap or Compound. Rater, The Idea Is for Any Existent Crypto Protocol to Be Able To Connect To Genlayer and Make Use of ITS Infrastructure.
Genlayer’s Chain is Powered by Zksync, an Ethereum Layer 2 Solution. ITS NETWORK COUNTS 1,000 VALIDATORS, EACH One Connected to a Large Language Model (LLM) Such As OpenAi’s Chatgpt, Google’s Bert or Meta’s Llama.
Let’s Say a Market on Polymarket Settles in A Controversial Manner. If Polymarket is Connected to Genlayer, USers of the Prescription Market Have the Ability to Raise of the Issue (or, as Castlana Put IT, to Create A “Transaction”) with it.
As soon as the transaction comes in, Genlayer Picks Five Validators at Random to Rule on It. TheSE FIVE VALIDATORS Query An LLM of Their Choice in Order to Find Information on the Topic at Hand, and Ten Vote on A Solution. That Produces a ruling.
But the Polymarket USers, in Our Example, Don’t Necessarily Need to Be Satisfied with The Ruling: They Can Decide to Appeal the Decision. In WHICH CASE, Genlayer Picks Another Set of Validtors – Except This Time, Their Number Jumps to 11. Just Like Before, The Validators Issue A Ruling Bassed On the Information. That decation can also be appealed, which makes genlayer pickles 23 Validators for Another Ruling, THEN 47 VALIDATORS, THEN 95, AND SO ON AND SO FORTH.
The Idea is to Rely on CondorCetʼs Jury Theorem, Who’s Account to Genlayer’s Pitch Deck States that “WHEN EACH Participant Is More Likely. Outcome Increases Significantly As the Group Grows Larger. ” In Other Words, Genlayer Finds Wisdom in the Crowd. The more validars are involved, the more likey they to zero in on an acid ANSWER.
“What this means is that we can start small and very efficient, but also we have escalate to a point someting Very, Very Tricky, They Can Still Get Right, Castellana Saidlana.
The AVERAGE TRANSACTION TAKES ROUGHLY 100 Seconds to Process, Castellana SAID, AND THE COURT’S DECISION BECOMES FINAL After 30 minutes – A TimeFrame that can be elageted if. But that means the Protocol Can Reach a Decision on Majoor Issues in a very short period of time, day or night, Insthead of going though Arduos Real-World Litigation.
Looking at incentivesGenlayer’s Mission Naturaly Raises A Question: Is It Possible to Game The System? For example, what if all of the validators select the Same Ai (Say, Chatgpt) to Solve a Given Proposal? Woldn’t that mean that Catgpt Will have a ruling one ruling?
Every Time You Query An LLM, YOU GENERATE A NEW SEED, CASTELANA SAID, SO YOU OBTAIN A DIFFERENT Answer. On top of that, Validators have the Freedom of Choosing WHICH LLM to USE BASED ON THE TOPIC AT HAND. If is a Relativly Easy Question, Perhaps There’s No Need to Use An Expensive LLM; On the Other Hand, if the quest is Particularly Complex, The Validator May Opt for a Higher-Quality Ai Model.
Validtors May Even Even End Up in A Sity Whoe Feel Like They’ve Seen A Certain Type of Question So Many Times that Can Pre-Train a Small Model for A Specialify Purpose. “We Think That, Over Time, There’s Just Going to Be Endless New Models,“ Castellana Said.
There’s A Strong Incentive for Validators to Be On the Winning Side of the Decision-Making Process, Because they’re Financially Reward for It-While The Lozing Side Ends Up. Without Collecting Any Rewards.
In Other Words, The Question Is Not Who’s Validtor is Providing A Correc, but while Whtcher It Manages to Side with The Majority.
SINCE VALIDATORS HAVE NO IDEA WHAT Other Validtors Are Voting, The Goal Is For The us to the Necessary Resources to Provide Acccumental Information With Other Validate Validate Validate Validate Valid. Well – Because Arriving at the Same Incorrect ANSWER Wuld Probably Require Rigorous Coordination.
And if that gambit doesn’t work out, the appeal system is ready to kick in.
“IF I KNOW THAT I’M REUASING A GOOD LLM, AND I THINK THAT Other People Are Using a Bad LLMS and that’s Wy Wy I Lost, THEN I HAVE QUITE A BIG INCENTIVE TO APEAL, BECAUSE I KNOH. Incentive for them to be embarrassing Better LLMS as Well ”Since Other Validtors Will Will Will To Earn the Rewards from A Successful Appeal, Castellana Said.
The System Makes It Hard for Validators to Callude, Because they only have 100 Seconds to Reach A Decision, and They Don’t Know Whter. An entity wound to continrol Between 33% and 50% of the Network to be able to attach it, Castellana Said.
Like Ethereum, Genlayer Will Be Using A Native Token for Its Financial Incentives. With a testnet already launched, the Project Should Go Live by the end of the year, accounting to castelan. “There’s Going to be a very big incentive for people to come and Build Things on Top,“ He Said.
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