Blockchain
ceτi AI Acquires Big Energy Investments Inc. to Boost Its High-Performance Computing Capabilities in North America
Published
2 weeks agoon
By
adminVancouver, Canada, April 18th, 2024, Chainwire
ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce its acquisition of Canadian company Big Energy Investments Inc., a firm specializing in strategic investment in high-performance computing infrastructure. This acquisition marks a significant first step in ceτi AI’s strategy to advance the development and accessibility of AI technologies.
Strategic Acquisition and Enhanced Capabilities
Following the acquisition, Big Energy Investments, Ltd. has reached agreements in principle to acquire advanced high-performance computing (HPC) infrastructure, including five HPC servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs, and two NVIDIA Quantum-2 InfiniBand switches, set to be delivered in May 2024. These agreements are anticipated to be executed within the next week, underscoring the commitment to enhancing the technological capabilities promptly.
This strategic enhancement is pivotal for the initial North American deployment of the ceτi AI Infrastructure Network, which will utilize the ceτi AI Intelligent Compute Fabric to manage and provide compute resources to decentralized AI networks, decentralized physical infrastructure networks (DePIN), and various other applications.
Strategic Deployment and Pilot Implementation
The new HPC infrastructure will underpin the first North American deployment of the ceτi AI Intelligent Compute Fabric, which manages the ceτi AI Infrastructure Network. This network is designed to provide essential compute resources to a variety of decentralized client networks and is a critical component of ceτi AI’s broader mission to democratize AI technology through decentralization. The pilot implementation will not only demonstrate the capabilities of the ceτi AI solution but also initiate revenue generation and accumulation for the CETI token ecosystem.
Roadmap and Future Plans
The successful integration and demonstration of this infrastructure will set the stage for immediate expansion to data-center scale implementations, significantly scaling up ceτi AI’s operational capabilities. Work continues to progress on the CETI token ecosystem, with its introduction being the next major milestone on the ceτi AI roadmap.
Executive Insight
“This acquisition marks a significant milestone in ceτi AI’s growth trajectory, aligning with our strategic goals to bolster our infrastructure and accelerate the development of decentralized AI technologies. By integrating Big Energy Investments’ resources and capabilities, we are better positioned to innovate and expand our reach across North America,” said Dennis Jarvis, CEO of ceτi AI.
Forward-Looking Statements
This press release contains forward-looking statements relating to expected future events and anticipated results that are subject to significant risks and uncertainties. These include, but are not limited to, the final procurement and integration of HPC infrastructure, the deployment and performance of the ceτi AI Intelligent Compute Fabric, and the broader adoption and impact of the CETI token ecosystem. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to a variety of factors.
About ceτi AI
ceτi AI is at the forefront of revolutionizing artificial intelligence through decentralization. Committed to innovation and accessibility, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure designed to empower developers and networks worldwide. By democratizing access to state-of-the-art resources, ceτi AI aims to accelerate the advancement of AI technologies, making them more diverse and universally accessible. Our mission extends beyond infrastructure development; we are building a foundation for the future of AI, ensuring it grows in a manner that benefits all of humanity without sacrificing freedom of choice or expression.
Users are welcome to dive deeper into our mission, technology, and the future we’re building along with the latest updates and community discussions by visiting:
litepaper I Website I X I Telegram I Discord
Contact
ceτi AI
press@taoceti.ai
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AppLayer Unveils Fastest EVM Network and $1.5M Network Incentive Program – Blockchain News, Opinion, TV and Jobs
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May 2, 2024By
adminPanama City, Panama, May 2nd, 2024, Chainwire
AppLayer has unveiled the fastest and most robust infrastructure for scaling Ethereum-based applications, a cutting-edge blockchain that not only delivers lightning-fast transaction speeds but also offers a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers.
AppLayer offers an EVM network that’s 10 times faster than standard Golang based EVM networks and an even more amazing 65 times execution speed boost with C++ stateful pre-compiles. Imagine having both the speediest EVM in the game and the best tools to build on it – that’s what AppLayer brings to the table!
The Game Changer: Stateful Pre-compiled Smart Contracts
AppLayer is not only a speed powerhouse but also allows for comprehensive composability with game-changing stateful pre-compiles that are a cornerstone of this release, offering an unmatched ability to process complex smart contracts at unprecedented speeds.
But what does this mean for everyday users and developers? It’s simple: AppLayer’s network brings the power of advanced blockchain technology right to the user’s fingertips. Developers can now create their own stateful pre-compiles as smart contracts with features and syntax that are identical to Solidity, but with the added turbo-charge of C++ performance.
The real excitement stems from the intricate workings of AppLayer’s network with these Stateful Pre-compiles. Solidity smart contracts no longer function in isolation but interact with and build upon these ultra-fast pre-compiles. This enhances the sophistication, power, and efficiency of blockchain applications, marking a significant shift in the landscape of decentralization.
The best part for developers is the ease of transition to this high-performance environment. AppLayer allows developers to effortlessly convert their existing Solidity code into C++ with nearly identical syntax, unlocking the potential for more complex and scalable dApps. This feature is especially vital for blockchain projects hitting performance limitations in traditional EVM environments.
AppLayer takes it further with rdPoS (random deterministic Proof of Stake) – a unique consensus mechanism that amplifies network security while ensuring ultra-efficient transaction processing. This ingenious combination of stateful pre-compiles and rdPoS turns AppLayer into a robust platform perfect for handling high-scale and intricate applications.
As Itamar Carvalho, CTO at AppLayer, stated at ETHDenver 2024, “AppLayer is not just an upgrade; it’s a revolution. We’re empowering developers to build without boundaries, pushing the limits of what’s possible in blockchain application development.”
AppLayer stands as a testament to innovation, redefining the standards of blockchain development and opening new horizons in the gaming sector, decentralized finance, and beyond. With its combination of speed, efficiency, and developer-friendly features, AppLayer is poised to become a leading force in the blockchain space.
Expanding EVM Horizons with the Testnet Launch
The next exciting phase for AppLayer is the deployment of its testnet, complete with a front-end user portal coming in June and up to $1.5 million in incentives available now. This stage invites developers to push the boundaries of their existing Solidity code into a more robust, scalable environment. The more unique and intricate the transactions, the greater the reward, fostering a creative and efficient ecosystem.
AppLayer is now inviting developers to participate in its incentivized testnet. With a unique rewards system based on user activity and creativity, AppLayer is fostering a vibrant and innovative developer community.
“We are excited to see what developers will build on AppLayer. This is an opportunity to reshape the landscape of blockchain applications,” said Carvalho.
The AppLayer testnet not only represents a pivotal moment for blockchain innovation but also a unique opportunity for both crypto enthusiasts and developers. Whether the user is looking to explore cutting-edge projects on the fastest EVM or the user is a developer eager to build on this revolutionary platform, AppLayer’s testnet is their gateway to opportunity and rewards.
Build on the AppLayer Testnet to Unlock Grants
Developers, on the other hand, are invited to bring their creativity and technical skills to the forefront. Build on AppLayer, the fastest EVM network, and receive $APPL token grants as recognition of the user’s innovative contributions.
With up to 100,000,000 $APPL tokens available for allocation to projects, the potential for reward is substantial. Additionally, for every $APPL token a project distributes to users, an equal amount is granted back to the project, forming a cycle of innovation and reward that continues through to the mainnet launch.
The most engaging and interacted-with projects may be eligible for additional allocations, incentivizing not just development but also user engagement. This is a testnet that rewards utilization and creativity, pushing for more unique and complex smart contracts.
For more information on the Grants Program and how to participate, users can fill out an application to get started and become a part of this transformative phase in blockchain development. Users can discover, build, and earn with AppLayer – where the future of blockchain is being shaped today.
About AppLayer:
AppLayer (formerly SparqNet) is a C++ based Ethereum scaling solution where developers can deploy Solidity smart contracts and C++ programmed stateful pre-compiles as smart contracts. In AppLayer, Solidity smart contracts are 10 times faster than those in Golang-based competing networks, and stateful pre-compiles are 65 times faster.
Website: https://applayer.com/
Twitter: https://twitter.com/AppLayerLabs
Discord: https://discord.gg/6dsUebskfA
Telegram: https://t.me/AppLayerLabs
Contact
CEO
Michael Weinrub
AppLayer
michael@applayer.com
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Blockchain
Humanode, a blockchain built with Polkadot SDK, becomes the most decentralized by Nakamoto Coefficient – Blockchain News, Opinion, TV and Jobs
Published
5 hours agoon
May 2, 2024By
adminLondon, United Kingdom, May 1st, 2024, Chainwire
Humanode, a Layer-1 blockchain built with Polkadot SDK, has become the most decentralized blockchain network to date based on the Nakamoto Coefficient. With 706 active validator nodes, the Nakamoto Coefficient for the Humanode is 236, shooting past the prior number one, Mina, which has a Nakamoto Coefficient of 155. Polkadot now holds the 3rd place.
The Nakamoto Coefficient is a measure that represents how many node operators will be required to control the share of a layer-1 blockchain which is enough to shut down the network if validators coordinate to do so. The greater the number, the more decentralized the blockchain is.
“Proof-of-Stake blockchains tend to centralize around the biggest validators or staking protocols, like Lido, which actually hold the infrastructure. If Lido goes down once, people will start questioning the decentralization of Proof-of-Stake networks. They may have millions of nodes, but the real control over consensus is in the hands of few. We always wanted to change this,” says Humanode co-founder Victor. “In Humanode, one person can only launch one node, which is verified with cryptobiometric technology. All validators wield equal power, meaning that the Humanode chain decentralization increases proportionally to the number of human nodes. Imagine what kind of Nakamoto Coefficient will be achieved when we hit 10,000 nodes or 1 million nodes!? This makes a coordinated attack almost impossible. No project will be able to claim that it is more decentralized than Humanode.”
Humanode will soon unveil its governance protocol where one human node has only one vote, creating the first democratic DAO which will control the further development of the core protocol and its ecosystem.
About Humanode
Humanode, built on Polkadot SDK as an EVM Compatible Layer-1, is the first cryptobiometric blockchain where one human = one node = one vote. It utilizes private facial recognition which protects against multiple accounts and bots taking advantage of retroactive airdrops, DAOs, DeFi, NFT mints, GameFi, and more. After just a year from mainnet launch, Humanode boasts 500,000+ users and 70+ projects utilizing its cryptobiometric technology.
Contact
Shannon Higgins
core@humanode.io
Source link
Berlin, Germany, May 1st, 2024, Chainwire
The Nektar Network is excited to announce the commencement of Epoch 1 for Nektar Drops, beginning today, May 1, 2024. This new phase is dedicated to acknowledging and recording the contributions of our community members through daily Nektar Drops, which can be earned by participating in predefined activities within the Nektar ecosystem. This epoch will conclude on June 1, 2024, or when the network reaches a total value locked (TVL) of 250,000 ETH.
Participants in Epoch 1 will have the opportunity to earn Nektar Drops by engaging with several pre-launch initiatives such as Enzyme vaults, Reserve bsdETH initiatives, and Sommelier vaults.
Specifically, for each ETH deposited in these initiatives on Ethereum mainnet, members will receive 25 Nektar Drops per day. A slightly different reward structure is set for deposits on Base, where the reward will be 20 Nektar Drops per ETH per day.
Nektar Drops per day for ETH deposited:
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- 20 pts/ETH deposited on Beefy and Aerodrome
- 20 pts/ETH deposited on Extra Fi
The allocation of retroactive Nektar Drops has also been revised, significantly increasing the number of drops distributed to Goerli and Holesky testnet operators by over 50x. Additionally, a 10x increase has been implemented across all other participant categories to better acknowledge their activities and contributions.
Referral rewards will be introduced later during Epoch 1. This addition is pending final technical enhancements made in partnership with the Fuul team, aiming for a seamless integration into our existing reward structure.
The launch of Epoch 1 marks a significant milestone in Nektar Network’s commitment to community engagement. More information on Nektar Drops and the upcoming stages in the Pollination Campaign coming soon.
About Nektar Network
Nektar Network is a multilayered restaking network built on top of Ethereum. It consists of components that together form a comprehensive incentives system designed to democratize access to Ethereum’s trust model. For more information about Nektar Network, users can visit our website or follow on Farcaster and X.
Nektar Network is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Engaging with smart contracts can pose a security risk.
Contacts
Marketing Inquiries
Myra Tumlos
Nektar Network
myra@nektar.network
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Nektar Network
kotler@nektar.network
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