Alchemy is a decentralized data model training platform based on chain security encryption operation and random forest training algorithm. Blockchain ecosystem nodes transfer transaction decision data back to beacons to realize data extraction, use, right determination, and reward. At the same time, random forest algorithms are integrated to realize decentralized decision model construction and training system, and beacons feedback from data samples are used to modify the fitting model. As a result, a decentralized, self-iterative, autonomous incentive system data model training platform is realized.
The official Alchemy ticker is “ACOIN” and trades under that name on all the exchanges where it has been listed. The designation “ALCH” is for CryptoCompare.com only.