What is GNY?

GNY is a platform that combines machine learning with the transparency and security of blockchain technology. It aims to provide a predictive platform for the blockchain, identifying repeatable patterns and learning components that adapt to behavior. GNY strives to predict user behavior, enabling targeted, contextually relevant messages that drive desired actions. It is a node of a distributed brain, not just a small machine learning library. GNY has configurable ETL microservices and machine learning microservices that can read the entire chain of data or just the current block data.

How does GNY work?

GNY operates by creating two of the smallest configurable self-learning unsupervised neural net nodes – ETL node and ML node – and distributing these nodes into each block of the blockchain. This allows them to teach themselves the solution to each problem. GNY uses a backpropagation algorithm, which is an optimization method used to calculate the error contribution of each blockchain node after a batch of data is processed. This means that the neurons change their connection and their weights to lessen the error. GNY aims to determine the normal rules of the system by itself with unsupervised learning.

What are the potential use cases for GNY?

GNY aims to provide predictive machine learning tools for the crypto trading community. It can be used to build blockchain applications in JavaScript, offering SDKs and APIs to help developers create their own blockchain. GNY also offers different consensus algorithms as components. It can be used to develop decentralized applications (DApps) that can import other tokens like BTC, ETH to their DApp. GNY also aims to provide a platform for machine learning predictions for crypto traders, aiming to provide machine learning predictions for crypto volatility.

What is the history of GNY?

GNY was founded by a team of tech investors, entrepreneurs, and blockchain engineers. The team has contributed to multiple open-source blockchain projects within the cryptocurrency space. They have developed solutions with blockchain and have been involved in blockchain technologies, especially side chain technology. GNY has applied deep learning technology to a blockchain, integrating Deep Learning technology and blockchain. The GNY mainnet went live on March 10th, 2021, after over 10,000 hours of testing and improvement.