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Home»ADOPTION NEWS»Chaos Labs unveils multi-agent system to solve prediction markets
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Chaos Labs unveils multi-agent system to solve prediction markets

By Crypto FlexsNovember 7, 20243 Mins Read
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Chaos Labs unveils multi-agent system to solve prediction markets
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Wang Long Chai
November 6, 2024 19:37

Chaos Labs introduces Edge AI Oracle, leveraging LangChain and LangGraph to revolutionize prediction markets with a multi-agent system for accurate and transparent query resolution.





Chaos Labs announced the alpha release of Edge AI Oracle, a sophisticated multi-agent system designed to improve the efficiency of prediction markets. According to LangChain, the system, built using advanced features of Large Language Models (LLMs), aims to provide accurate, traceable, and reliable solutions to a wide range of queries.

How Edge AI Oracle Works

Edge AI Oracle is powered by the AI ​​Oracle Council, a decentralized agent network based on a variety of models from popular providers including OpenAI, Anthropic, and Meta. This setup is particularly suitable for high-stakes prediction markets as it ensures that each query is processed objectively and accurately. Unlike traditional oracles, this system provides a multifaceted approach to query resolution, mitigating the limitations and biases of single-model solutions.

For example, in the Wintermute Election market, the system requires unanimous agreement with greater than 95% confidence from each Oracle AI agent, ensuring a high level of reliability. Consensus requirements can be customized per market, providing flexibility for developers and market creators.

Addressing key challenges

Edge AI Oracle is built to solve three fundamental challenges facing truth-seeking oracles: rapid optimization, single-model bias, and search augmented generation (RAG). Hosted on the Edge Oracle Network and powered by LangChain and LangGraph, the system uses advanced multi-agent orchestration to improve the accuracy and reliability of query results.

The workflow begins with a research analyst reviewing a query to identify key data points and required sources. It then progresses through a web scraper, document relevance analyst, report writer, and summarizer before finishing with a classifier that evaluates the summarized output. This sequential execution ensures an organized flow of data, improving both transparency and accuracy of query resolution.

Utilizing LangChain and LangGraph

LangChain and LangGraph form the backbone of Edge AI Oracle’s multi-agent system. LangChain provides the necessary components to retrieve, organize, and structure data within each agent, allowing for high-quality, bias-filtered responses. It serves as a flexible gateway to a variety of LLMs, allowing Oracle to leverage a diverse set of models and minimize individual bias.

LangGraph facilitates precise multi-agent orchestration through graph-based structures and state-based interactions, enabling a well-coordinated process from initial research to final consensus. Each agent builds on the work of other agents in a directed, cyclical workflow, ensuring a cohesive and logical resolution process.

future prospects

The introduction of Edge AI Oracle represents a significant advance in the development of reliable and objective Oracle systems. The latest innovations from LangChain and LangGraph will transform blockchain security, prediction markets, and decentralized data applications by delivering scalable, truth-driven oracle solutions.

Image source: Shutterstock


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