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About ML

Mintlayer (ML) is a cryptocurrency launched in 2021. ML has a current supply of 400.00M with 64.20M in circulation. The last known price of ML is 0.176012288505 USD and is 0.02320098264 over the last 24 hours. It is currently trading on active market(s) with $2.32M traded over the last 24 hours. More information can be found at https://www.mintlayer.org/.

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Updated Jul 16, 2024 1:50 pm
Mkt Cap $11.30M
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ORA Launches On-Chain AI Oracle on Ethereum Mainnet
ORA Launches On-Chain AI Oracle on Ethereum Mainnet
According to Blockworks, verifiable oracle protocol ORA is launching its on-chain AI oracle (OAO) on the Ethereum mainnet. In the coming weeks, the oracle will also be live on Optimism, Base, Polygon, and Manta. Implementing machine learning (ML) or AI onto the blockchain provides machine learning computation access to blockchain verifiability, validity, fairness, and transparency. However, there have been challenges in bringing AI on-chain due to decentralization requirements and Ethereum's computation environment being designed for EVM smart contracts. ORA's solution is through its OAOs, powered by optimistic machine learning (opML) on Ethereum. OpML can design any ML model on-chain, but with weaker security assumptions. According to ORA's documentation, opML uses a "verification game" similar to that used by optimistic rollup systems to enable a decentralized and verifiable consensus on the machine learning service. Once a requester initiates an ML service task and the server finishes it, the results are committed on-chain. A verifier must then validate the results, similar to what is done on an optimistic rollup. If the results are inaccurate, a dispute game with the server will begin, and the claim will be sent to an arbitration smart contract for a resolution. Grok, a generative AI chatbot; Stable Diffusion, a deep learning text-to-image AI model; and Llama2, Meta's open source large language model, are now available through ORA's OAO. Kartin Wong, the founder of ORA, noted in a press release that "only opML can put Grok on-chain. This is ORA's opML supremacy." Another type of ML that has been experimented with on-chain is zero-knowledge ML (zkML). This technology aims to generate cryptographic proof for ML computations that can be succinct enough to be verified on-chain. However, current computing power cannot practically generate proofs efficiently and affordably. Wong claims that, in contrast to zkML, opML can efficiently bring Grok's 314 billion parameter model on-chain, reducing overhead costs by over 1,000,000x.
Mar 25, 2024 10:11 pm
Binance Labs announces 13 early-stage projects selected for MVB VII Season 7
Binance Labs announces 13 early-stage projects selected for MVB VII Season 7
According to official news, Binance Labs announced the 13 early-stage projects selected for the seventh season of the accelerator program MVB VII. The 10-week accelerator program is jointly operated by the community-driven blockchain ecosystem BNB Chain and Binance Labs. DeFi includes: 1. BitU: A crypto-native collateralized stablecoin protocol that leverages off-chain liquidity and efficiency to provide higher returns. 2. Blum: A hybrid exchange that provides universal token access through gamification within the Telegram mini-app. 3. Surf: Liquidity center for long-tail assets, such as leverage trading of small-cap tokens, pre-market trading, points trading, etc. 4. Vooi: A cross-chain Perp DEX aggregator that supports EVM and non-EVM chains. In the infrastructure sector, these include: 1. Aggregata: Designed to expand the decentralized value of AI data, powered by DePIN-driven aggregation. 2. Nesa: A lightweight Layer-1 that uses ZKML on-chain to perform critical AI inference for queries that require a high degree of privacy, security, and trust. 3. Nimble: A composable AI protocol that enables ML models and data to be composed and consumed by AI agents, data providers, and computing resources. The application layer includes: 1. Aspecta: An artificial intelligence-driven platform suitable for the new paradigm of the developer economy, providing support for individual developers and the development of the ecosystem. 2. Holoworld: A decentralized artificial intelligence character market and social platform that allows anyone to create powerful, intelligent artificial intelligence robots with just a few clicks. 3. Opinion Labs: is building a dynamic opinion and continuous prediction market. 4. Side Quest: A gaming and social platform with a strong community. 5. Story Chain: An innovative multi-layered dApp based on artificial intelligence that promotes collaborative storytelling. 6. Tilted: A TikTok-like marketplace for buying, selling, and trading game assets, skins, and NFTs on-chain.
Mar 01, 2024 8:58 pm

Frequently Asked Questions

  • What is Mintlayer (ML)?

    Mintlayer is a layer 2 solution that allows users to build a decentralized finance ecosystem rooted in the established network of the Bitcoin blockchain opening Bitcoin to DeFi, smart contracts, atomic swaps, NFTs, and dapps.

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  • Why DeFi on Bitcoin?

    Just as the Lightning Network answered the question: “How do we make payments with Bitcoin a Reality?

    Mintlayer answers the question: “How do we make DeFi with Bitcoin a reality?

    Mintlayer is a protocol focused on developing a decentralized finance (DeFi) ecosystem that leverages the Bitcoin and Lightning Network.

    The company's vision is to develop a platform to deploy smart contracts on the BTC blockchain, which will eventually give rise to a decentralized exchange (DEX). Mintlayer is opening up new ways for the DeFi sector to integrate with Bitcoin to enable real-world financial use cases on the Bitcoin blockchain.

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  • What is the all-time high price of Mintlayer (ML)?

    The all-time high of ML was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Mintlayer (ML) is 0. The current price of ML is down 0% from its all-time high.

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  • How much Mintlayer (ML) is there in circulation?

    As of , there is currently 64.20M ML in circulation. ML has a maximum supply of 600.00M.

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  • What is the market cap of Mintlayer (ML)?

    The current market cap of ML is 11.30M. It is calculated by multiplying the current supply of ML by its real-time market price of 0.176012288505.

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  • What is the all-time low price of Mintlayer (ML)?

    The all-time low of ML was 0 , from which the coin is now up 0%. The all-time low price of Mintlayer (ML) is 0. The current price of ML is up 0% from its all-time low.

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  • Is Mintlayer (ML) a good investment?

    Mintlayer (ML) has a market capitalization of $11.30M and is ranked #1067 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Mintlayer (ML) price trends and patterns to find the best time to purchase ML.

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