Hivemind is a decentralized oracle and prediction market protocol.
Hivemind is a decentralized oracle and prediction market protocol .
Hivemind, formerly Truthcoin, is a blockchain-based platform that allows users to engage in prediction markets, or markets for event derivatives, using their Bitcoin. Hivemind uses a peer-to-peer decentralized oracle protocol designed by Paul Sztorc as a sidechain to Bitcoin that allows the governance of multi-factor decisions making of groups within prediction markets. Hivemind address the problems of information aggregation by integrating advantages of blockchain technology such as transparency, robustness, censorship resistance, and monetary effects.
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