What is Hivemind?

Hivemind is a Peer-to-Peer Oracle Protocol which absorbs accurate data into a blockchain so that Bitcoin-users can speculate in on-chain Prediction Markets. Such markets can revolutionize the emergence and diffusion of knowledge in society, by “making Cheap Talk expensive”.

Centralized oracles/pm-marketplaces will probably struggle to remain secure at scale (see Appendix 1).


Click the one which describes you:

WARNING: The “Hivemind ICO”

Please disregard any message you may read about a “Hivemind ICO”. These messages are all fabrications. These are written by fraudsters. Hivemind is in R&D stage, and this notice will be removed when that changes.

Anarchapulco – Feb 2019

This 20 minute talk covers the most important material.

See the slides and transcript here.

TABconf – Jan 2018

A 45 minute talk on the “why” of this project (slides here):


“Hivemind may be the most important invention since Bitcoin itself.”

- Roger Ver (Jun 2015), Bitcoin evangelist and seed investor (Blockchain.info, The Bitcoin Foundation, Ripple, BitPay, ShapeShift, Purse.io)

“I’d give it a low chance of success, but at least it’s clever crazy rather than stupid crazy. :)”

- Peter Todd (Oct 2015), Bitcoin core developer, notable skeptic (Coinkite “Chief Naysayer”), inventor of Treechains

“Hivemind is a real project with interesting use cases. It’s great to see them using sidechains - anyone with Bitcoin can participate in their markets.”

- Dr. Adam Back (Dec 2015), Notable Cypherpunk, inventor of Hashcash Proof-of-Work, Blockstream Co-Founder and President

“I’m very optimistic about the feasibility of this project.”

- Andrew Poelstra (May 2015), author of A Treatise on Altcoins, On Stake and Consensus, co-author of the Sidechains Whitepaper



The PM Sequence

  1. Why do this?
  2. The Power of Prediction Markets
  3. Applications and Use-Cases
  4. Prediction Market Myths
  5. Manipulation of Prediction Markets
  6. Non-Usefulness of Prediction Markets for Assassination and Crime

Highlighted Applications

  • The Sumner-Hanson Quartet (xlsx, pdf) – With a minimal effort and start-up capital, this would allow regular citizens to very precisely measure, prove/broadcast, profit-from, and repair mistakes made by a central bank. As a side effect it allows sound money and stable-valued money to peacefully co-exist.
  • Rent in San Francisco – The concept of “Futarchy”, explained via one very short blog post.



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And, as always, the reference material of the sidebar: the conversations / interviews, the FAQ.

The forums have not been popular, since I switched my focus to sidechain-enabler Drivechain.


Email: bitcoin.hivemind /at/gmail/ (PGP: A1FDEFA4), cryptaxe /at/gmail/ (PGP: EA910EC9)

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