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RE: [Algorithm Trading #2] Algorithmic trading platforms: Quantopian, cryptotrader.org

in #trading • 7 years ago

Thank you for introducing numer ai. It's quiet interesting I should take a look deeply. But my initial concern is that it is Eth based and it may not process sufficient amount of transactions per block to run hedge fund.

7 years ago in #trading by
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     7 years ago 

    It's a valid concern, although I'm not so worried. I could be wrong but:

    1. The only part of Numer.ai explictly tied to Ethereum is the NMR token. There is no requirement for their funds to be coupled to Eth at all.
    2. Besides, Eth, by its centralised governance structure, is much easier to scale than say ... BTC.

    DISC: I'm watching Numer.ai, but not otherwise invested atm. That might change.

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       7 years ago 

      If the numer.ai is centralized, ie permissioned blockchain like ripple, then we should trust the administrator. I am concerned about trust issue since the admin may get away with client's money.

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       7 years ago 

      If it is centralized, there is no meaning of applying public blockchain.

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