{"id":1687,"date":"2022-03-05T15:38:31","date_gmt":"2022-03-05T15:38:31","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/delphy-whitepaper\/"},"modified":"2022-03-05T15:38:31","modified_gmt":"2022-03-05T15:38:31","slug":"delphy-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/delphy-whitepaper\/","title":{"rendered":"Delphy Whitepaper"},"content":{"rendered":"<div id=\"post-684\">\n<div class=\"entry-content\" readability=\"58.81200212427\">\n<p>Delphy is an open-source, decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node that runs on mobile devices.<\/p>\n<p>Delphy uses incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We designed Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results.<\/p>\n<p>In Delphy prediction markets, DPY tokens are used (i) by Delphy users to pay for a certain prediction through Delphy and (ii) to incentivize Delphy users (through the payment of a fixed number of DPY tokens) to virtually \u201cbuy and sell\u201d \u201coutcome shares\u201d in the Market. Users virtually \u201cbuy and sell\u201d such \u201coutcome shares\u201d based on what they see as the probability at any given moment and agree on a virtual \u201cprice\u201d that such transactions will occur. As long as a prediction is active, the virtual price continues to fluctuate and indicates the probability of an outcome according to the crowd\u2019s wisdom. When a Market matures, meaning the market Event transpires in the real world, Delphy determines the winning outcome based on the Oracle of the Event. There is no payment of any form (whether in Fiat or DPY tokens) between the buyers and sellers with respect to the purchase and sale of the \u201coutcome shares\u201d. There are no \u201cwinners\u201d and losers\u201d once the Market matures and there will be no payment of winnings (whether in the form of DPY tokens or otherwise) to \u201cwinners\u201d or a deduction of assets (whether in the form of DPY tokens or otherwise) from the \u201closers\u201d.<\/p>\n<p>The Delphy platform implements three of the necessary conditions for crowd wisdom put forth by James Surowiecki; diversity of opinion, independence in making opinions, and decentralization of organization.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/Delphy.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">Delphy<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Delphy is an open-source, decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node that runs on mobile devices. Delphy uses incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We designed Delphy from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1687","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=1687"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1687\/revisions"}],"predecessor-version":[{"id":1688,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1687\/revisions\/1688"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=1687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=1687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=1687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}