Aug 28

What are Neural Networks?

Artificial Neural Networks (ANN) are simulations on a computer of groups of brain cells (neurons) configured in such a way that they perform a useful task. They are inspired by real neurons, which are simple switching elements – they gather electrochemical energy from their inputs, then either pass it on or block it. This means that individual neurons have little more intelligence than a light switch, and yet, but putting countless trillions of these cells together and setting up the correct connections between them, we get human intelligence and even (in a process that scientists haven’t even begun to understand) consciousness!

Aug 6

A time range bet out, is a bet where you win a fixed amount for every one of a number of time intervals that the asset prices ends outside two strike prices. Every win is locked in at the end of each interval and paid out when the bet expires.