Idena to pay $55,000 for creating open AI
Idena revokes its Flip challenge to announce a new contest for AI researchers and practitioners to develop an open AI instrument.
The Idena team cancels the Flip challenge to solve flips using AI with accuracy equal to or higher than 80%: The recent Idena protocol changes introduce storing flips on the blockchain in an encrypted form which prevents AI from accumulating the dataset for machine learning. At the same time, it prevents AI from testing its current capacity of solving flips.
However, we consider AI to be important for the Idena project, in particular, for improving the quality of flips, and announce a new contest for AI researchers and practitioners with a $55,000 reward cascade to develop an open AI instrument for solving flips.
AI should be trained on the dataset of flips that are currently available in the blockchain explorer. The Idena team will use its limited number of invites to collect flip samples for contestants’ AI testing.
The most successful open AI instrument will be integrated into the Idena app. This will allow identifying weak flips at creation and recommending the user to change the flip in order to make it stronger. Eligible AI algorithms should provide a friendly API, be open source, and work on the client side without an Internet connection.
We welcome AI researchers and practitioners to develop an open source AI instrument for solving flips. Idena will award the following prizes (paid in DNA, the Idena blockchain coin) to the first individual or a team to break respective accuracy in solving flips with a verifiable proof:
- $1,000 for ≥71% accuracy ($1,000 cascade)
- $2,000 for ≥72% accuracy ($3,000 cascade)
- $3,000 for ≥73% accuracy ($6,000 cascade)
- $4,000 for ≥74% accuracy ($10,000 cascade)
- $5,000 for ≥75% accuracy ($15,000 cascade)
- $6,000 for ≥76% accuracy ($21,000 cascade)
- $7,000 for ≥77% accuracy ($28,000 cascade)
- $8,000 for ≥78% accuracy ($36,000 cascade)
- $9,000 for ≥79% accuracy ($45,000 cascade)
- $10,000 for ≥80% accuracy ($55,000 cascade)
An applicant that will be able to show consistent accuracy (average for 3 epochs) will receive the corresponding prize cascade. For example, if the average accuracy reached is 72.5, the prize cascade of $1,000+$2,000 =$3,000 will be paid.
If there are two or more algorithms applying at the same testing time, the prize amount will be paid on a first-come, first-served basis according to the accuracy reached. For example, if there is the first participant who reached 72,5% and the second one who reached 74%, the prize cascade of $3,000 will be paid to the first participant and $3,000+$4,000=$7,000 will be paid to the second participant.
The Idena team reserves the right to cancel or amend the challenge and its rules and conditions.