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What is Mira (MIRA)?

Mira is a decentralized network that verifies AI outputs by turning them into verifiable claims and distributing checks across independent participants. It uses techniques like binarization and proof of verification to boost AI reliability. Mira also provides a marketplace of customizable AI workflows accessible via SDKs or APIs, simplifying AI integration for developers.

Who founded Mira (MIRA)?

There is no publicly available information about the founder of the Mira network.

Primary features of Mira (MIRA)

• MIRA token: The MIRA token powers the Mira network and provides several utilities such as API access, staking, governance, and securing the verification network.

• Decentralized verification of AI outputs: Mira converts AI outputs into smaller verifiable claims, which are then independently checked by nodes across the network.

• Distributed verification and Proof of Verification: Claims are verified via a hybrid proof mechanism combining Proof of Stake and computation proofs. Dishonest validators can be penalized via staking slashes.

• SDK and API marketplace: Developers can use Mira Flows to access pre-built AI workflows via APIs, or customize using the SDK.

Is MIRA a promising crypto?

MIRA is a promising crypto project that aims to improve AI reliability by verifying outputs through a decentralized network. It reduces AI errors and bias by breaking outputs into claims and validating them across independent nodes. Backed by major investors and already serving millions of users, MIRA offers developer tools like SDKs and APIs to integrate trusted AI. However, it faces risks like token volatility, upcoming unlocks, and limited independent audits. While adoption challenges remain, its focus on verifiable AI makes it a strong contender in the growing AI-blockchain space.

You can buy MIRA from crypto platforms like CoinSwitch.

How do I use MIRA?

• MIRA can be bought and traded on crypto platforms like CoinSwitch. 

• MIRA is used to pay for API access and developer tools in the Mira ecosystem. 

• MIRA can be staked by node operators to secure and verify the network and also earn staking rewards.

• MIRA holders vote on upgrades, emissions, and protocol changes.

Pros & Cons of Mira (MIRA)

Pros

• Mira addresses major real‑world problems in AI by providing a decentralized verification layer, breaking outputs into claims, and having them verified by multiple nodes.

• With Mira Flows, SDKs, APIs, and prebuilt workflows, developers can integrate verification more easily.

• The MIRA token has multiple roles, such as staking, governance, and API access.

Cons

• MIRA is subject to market volatility like all cryptos.

• Although there are apps and integrations, there is not much evidence yet of large-scale enterprise use or robust adoption in high‑stakes settings.

• The idea of verifying AI outputs is not unique; other projects are working on similar trust, bias, and verification tools.

How to trade XPL on CoinSwitch?

• Start investing in MIRA with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Mira (MIRA) ICO summary

Mira (MIRA) was launched from a single seed round held on July 16, 2024, raising $9 million with participation from major backers like Balaji Srinivasan, Framework Ventures, BITKRAFT Ventures, Mechanism Capital, Accel, and several angel investors. There was no public ICO or multiple token sale rounds. 

 

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FAQ's

1. What is Mira (MIRA)?

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Mira is a decentralized verification layer designed to enhance the reliability of AI outputs. It works by converting AI-generated responses into verifiable claims and distributing their validation across a network of independent nodes.

2. Is MIRA a promising crypto?

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MIRA is considered a promising crypto in the AI and Web3 space, as it tackles a critical issue: trust in AI. By verifying outputs before they’re accepted as truth, Mira brings accountability to AI applications. While it is still early in its adoption cycle, Mira’s real-world use cases and infrastructure position it well in a fast-growing sector.

3. How do I use MIRA?

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MIRA tokens can be purchased on platforms like CoinSwitch and used in multiple ways. Users can pay for API calls and developer tools within the Mira ecosystem, while validators can stake MIRA to secure the network and earn rewards.

4. What are the pros and cons of MIRA?

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MIRA offers a unique approach to AI accountability by enabling decentralized verification, which is crucial in sectors like healthcare and finance. Its developer-friendly tools and multi-utility token design add to its appeal. However, MIRA is still early in adoption and lacks large-scale enterprise integrations. Like most cryptos, it is also subject to market volatility and faces competition from other projects.

Highlight

MIRA is a decentralized verification layer that aims to make AI outputs more reliable and trustworthy.

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Price Statistics

MIRA Price Today

MIRA Price

₹12.89

Price Change 24h

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0%

Price Change 7d

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10.82%

Market Rank

#559

Market Cap

₹279 Cr.

Trade Vol 24h

97 Cr

Circulating Supply

22 Cr. MIRA

Trading Activity

57% Buy43% Sell

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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