Myriads.IO Network

MYRIADS is a decentralized protocol platform producing a distributed machine learning architecture using block chain technology. It allows GPU’s computing powers to analyze big data and predict the future while rewarding miners for their accuracy of their predictions.

PROS:

• Less expensive:  The perfect market is created by platform as it requires human involved in the selling ML services and the network constantly regulates prices at lower cost based on the existing resources and demand by the users
• The users earn money upon leasing their hardware through the platform  hence it acts as source of incentive
• The user data is split into chunks  which is a portion of encrypted data hence adequate  security   to the users information as the owners have complete control over  the encryption key  and access to data
• Transparency: The  platform provides evaluation through the its module s and nodes  which analyses the user model performance in machine learning
• The GAS community unit enables  the platform to detect any possible scam within the platform hence eliminating dependency on third party
• All the token activities are organized and done around smart contracts running on  Ethereum hence providing an additional security
• The CEO  Jack Huang has adequate experience in AI and is a block chain expert and this qualities aids the prosperity of the platform with the assistance of the other members

CONS:

• Fewer members involved
• The MRDS token is not compatible with the other crypto currency and fiat currencies
• The project platform lacks  an easily accessible mobile application supported by Android

SUGGESTIONS:

• Configure the MRDS with other crypto currencies and fiat currencies
• Involve more members in the management of the platform
• Develop an easily accessible mobile application for the project use with simplified services