Delphi technology explained
The industrial technology of sophisticated post-Gnosis prediction market has presented a new dispensation in the evolution of prediction market on Ethereum. This prediction market technology is identified as Delphi. Designs flaws and shortcomings of Gnosis, as well as the model, are already addressed through Delphi.
Also, the entire problems currently afflict Gnosis are already erected, extended and improved into a primary Gnosis framework and implemented carefully. Delphi developers have made deliberate effort to be maximally similar in temperament with a model of Gnosis wherever possible, include similar data-structures. Since both tokens are compliant with ERC20 and share the block chain of Ethereum, synergistic chances are even much profound.
A fast transfer of communication and also ensuring that information as well as financial arbitrage is convenient within network contacts will be continually top-tier earlier in an evolution of Delphi project. However, Delphi might probably support and maintain several applications in a particular layer. As suitable, a massive bulk effort of the team will dedicate towards ensuring that lower stack layer is robust and easy to use.
The majority of development effort of the team expected that their effort would specifically concentrate to support a middle layer, which Delphi Suite. Finally, we can understand that Delphi has represented a future evolution step ahead in the decentralization of prediction market platform that incorporates a massive number of significant developments over both Gnosis and Augur models.
Similarly, Bitcoin has established the precedent that allows the subsequent initiatives such as Ethereum to learn and expand upon the inadequacy. Delphi has as well managed to leverage the work and research of previous space attempts. Iterative action development is an excellent example of Delphi technology since the mistake and success of past exploration can serve to inform a subsequent initiative. It should be noted that what Delphi is performing would not be possible without Ethereum, Bitcoin, Gnosis and Augur paving the way ahead.