COR

Cortensor price
COR
#3548

$0.02096  

37.42% (1d)

Cortensor to USD Chart

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Cortensor statistics

Market cap
$10.58M

0.00%

Volume (24h)
$284.06K

174.45%

FDV
$20.96M
Vol/Mkt Cap (24h)
2.68%
Total supply
1B COR
Max. supply
1B COR
Self-reported circulating supply
505M COR
50.5%
COR to USD converter
COR
USD
Price performance
24h 
Low
$0.01526
High
$0.02125
All-time high
Dec 21, 2024 (3 hours ago)
$0.02125
-1.35%
All-time low
Oct 02, 2024 (3 months ago)
$0.00001323
+158309.58%
See historical data


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About Cortensor

Cortensor is a decentralized AI inference network that leverages distributed computation and open-source models to provide scalable, cost-effective processing for AI tasks and inference. Powered by community-driven miners, the network ensures broad access to advanced AI tools and services by enabling efficient task processing through distributed resources. Miners in the Cortensor ecosystem are rewarded for contributing computational power and completing AI inference tasks, which helps overcome the limitations of traditional, centralized AI platforms.

The platform supports both Web2 and Web3 integrations, giving businesses and developers the flexibility to integrate AI capabilities in a cost-efficient manner without relying on expensive centralized AI providers. By creating a decentralized network, Cortensor not only enhances access to AI tools but also fosters a more inclusive AI ecosystem where multiple contributors can benefit.

One of Cortensor's distinguishing features is its use of Proof of Inference (PoI) and Proof of Useful Work (PoUW) systems. These systems not only serve as the mining mechanism within the network but also as the validation process to ensure the accuracy and quality of AI inference outputs. PoI validates that miners are using appropriate models for AI inference, while PoUW ensures that the tasks performed by miners are meaningful and useful. These features help maintain the integrity of the network by discouraging dishonest behaviors and rewarding high-quality work.

Cortensor’s architecture is designed with modularity and scalability in mind. The platform’s Proof of Useful Work (PoUW) state machine allows for efficient task distribution, validation, and ranking of miners, with built-in protections against dishonest nodes. This system ensures that only reliable nodes participate, safeguarding the overall network integrity.

The $COR token is central to the functioning of the Cortensor ecosystem. It is used to pay for AI tasks, stake for more significant tasks, and reward miners for their computational contributions. Moreover, $COR tokens enable decentralized governance, giving token holders the ability to vote on network proposals and influence its future development. This structure ensures that the network is not only decentralized in its computational resources but also in its decision-making processes.

Mining in Cortensor also plays a crucial role in maintaining the health of the network. Through continuous AI inference tasks, miners act as real-time monitors, ensuring that the system remains operational and that computational resources are available when needed. This ongoing activity serves as a form of quality control, guaranteeing that the network is ready to handle user requests with high efficiency. Miners effectively uphold a Service Level Agreement (SLA)-like guarantee for the network by maintaining supply quality, ensuring that when user tasks arrive, the system can meet the demand while ensuring optimal performance and reliability.

With its capability to handle AI inference and synthetic data generation, Cortensor stands out as a comprehensive, decentralized AI platform designed to scale and provide innovative solutions for diverse industries. This modular, scalable architecture enables Cortensor to evolve as the demand for AI services grows, making it a key player in the future of decentralized AI.