The Good Tech Companies - 0G Foundation Launches Node Sale for Decentralized AI Network Verification

Episode Date: October 22, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/0g-foundation-launches-node-sale-for-decentralized-ai-network-verification. Decentralized AI... platform 0G Foundation announces node sale with 15% token rewards over 3 years. Network aims to verify AI behavior on blockchain. Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #og-foundation, #og-foundation-news, #blockchain, #dlt, #cryptocurrency, #web3, #good-company, #business, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Decentralized AI platform 0G Foundation announces node sale with 15% token rewards over 3 years. Network aims to verify AI behavior on blockchain.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Zero-G Foundation Launches Node Sale for Decentralized AI Network Verification By Ashan Pandey, the Zero-G Foundation announced Tuesday it will launch a public sale of nodes for its Decentralized Artificial Intelligence Network, beginning November 11. The initiative aims to establish a distributed network of nodes designed to monitor AI behavior and verify computational integrity in blockchain applications. The node sale will occur in two phases. A whitelist-only period starting November 11 at 12 p.m. UTC, followed by a public sale beginning November 13 at 12 p.m. UTC. Node prices will start at 0.05 ETH, with 32 different
Starting point is 00:00:47 pricing tiers available. The foundation describes the nodes as AI alignment nodes that will monitor artificial intelligence operations within the network. These nodes are intended to detect deviations from established protocols and verify the behavior of data storage and model-serving systems. Node operators will be eligible to receive token rewards, with the foundation allocating up to 15% of its total ecosystem token supply over a three-year period for node operation incentives. Our goal is to empower a decentralized community, said Michael Heinrich, CEO of Zero Gravity Labs. This node sale is a crucial step toward making that vision a reality. Industry analysis. The announcement comes at a critical juncture in the blockchain and AI
Starting point is 00:01:31 sectors. Recent developments in artificial intelligence have raised concerns about verification and transparency, particularly in decentralized systems. According to data from DeFi Llama, AI-related blockchain protocols have seen a significant increase in total value locked, TVL, throughout 2024, rising from $1.2 billion in January to $4.8 billion in October, Dr. Sarah Chen, blockchain researcher at the Digital Assets Institute, notes the timing's significance. The intersection of AI and blockchain requires robust verification mechanisms. Distributed node networks could provide a framework for maintaining AI system integrity, similar to how validator networks secure traditional blockchain
Starting point is 00:02:15 networks. The approach of using distributed nodes for AI verification represents a new development in the ongoing effort to create trustworthy AI systems. Traditional AI models typically rely on centralized validation methods, while blockchain-based solutions aim to distribute this responsibility across multiple participants. The challenge has always been balancing decentralization with computational efficiency, explains Marcus Rodriguez, senior analyst at Blockchain Intelligence Group. Node networks that specifically focus on AI alignment could help bridge this gap, provided they can maintain performance at scale. The foundation's node sales structure, featuring 32 tiers, appears designed to encourage diverse
Starting point is 00:02:56 participation. This model differs from traditional node operations that often require substantial capital investment, potentially limiting participation to larger institutional players. Market impact and technical considerations. The technical specifications indicate that node operators will need to meet minimum hardware requirements, including high-performance computing capabilities and reliable network connectivity. The foundation has published detailed documentation outlining these requirements on their website. Industry observers note that the success of such networks depends heavily on achieving sufficient decentralization. The key metric will be the distribution of nodes across different operators and geographic regions, says Elena Petrova, director of research at Distributed
Starting point is 00:03:39 Systems Institute. A truly decentralized iVerification network needs broad participation to be effective. The Zero-G Foundation, based in the Cayman Islands, develops infrastructure for centralized AI applications. The organization focuses on creating open-source tools for AI systems operating on blockchain networks. Technical specifications for node operation, complete pricing details, and PR dissipation requirements will be available on the project's website at node.zeroG.ai. The foundation indicated that participation in the node sale will be restricted by jurisdiction, with specific eligibility requirements detailed in the project's documentation. Don't forget to like and share the story.
Starting point is 00:04:21 Tip Vested Interest Disclosure. This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims herein belong to the author. Hashtag D-Y-O-R. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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