0G Labs is happy to unveil the launch of the testnet for 0G, the modular ultra-high knowledge throughput blockchain optimized for on-chain AI. The community is now obtainable for node operators, builders and the neighborhood to hitch and supply suggestions for an upcoming mainnet launch in Q3 2024.
0G, or ZeroGravity, is a modular blockchain that goals to alleviate the most important ache factors of utilizing blockchain for AI, the place knowledge and execution necessities outweigh the present market providing by a number of orders of magnitude. The modular structure permits 0G to supply a lean and performant community, unencumbered by legacy consensus algorithms, unrelated use instances sharing the identical block area, in addition to on-demand scaling.
Demand for on-chain AI is rising resulting from its promise of providing dependable and credibly impartial coaching and execution of neural networks. Based on a report by KPMG, the overwhelming majority of world company executives see AI as one of many basic know-how breakthroughs that can impression their enterprise shortly. Nonetheless, adoption dangers abound — together with potential mental property points, private knowledge sharing, lack of regulatory frameworks and biases in generative AI fashions.
By way of immutable and verifiable storage and execution environments, blockchains supply a promising answer to deal with the numerous challenges of AI. By making AI workflow decentralized, it democratizes the know-how and makes it accessible to extra individuals and organizations.
By distributing knowledge throughout a number of nodes quite than centralizing it in a single location, decentralized AI will help defend delicate info from hacks and breaches. It additionally permits honest distribution of rewards to the contributors in your entire workflow, e.g., to knowledge, mannequin, and computation energy suppliers, respectively.
The distributed ledger and cryptographic applied sciences can additional give extra clear methods to trace the AI-generated knowledge to assist individuals distinguish between the genuine unique knowledge and deepfakes. As well as, blockchains will help obtain a balanced strategy to guide interventions within the fashions’ outcomes, which generally can miss the mark.
Present infrastructure options are nonetheless inadequate for enormous on-chain AI adoption, which is why 0G is constructing the next-generation blockchain infrastructure for AI. With benchmarks of over 50 Gbps knowledge throughput, in comparison with current charges of 1.5 Mbps on Ethereum-based scaling options, 0G affords an unbelievable enchancment in its baseline kind, whereas the modular structure guarantees doubtlessly infinite scalability down the road.
“The public launch of our testnet marks the first stage of bringing AI on-chain, which will combine two of the most exciting technologies that emerged in the past decade,” mentioned Michael Heinrich, CEO of 0G Labs. “Our team has worked diligently over the past months to deliver our vision of the ultra-scalable modular blockchain, and we’re excited to see the feedback from the community of users and developers.”
The 0G testnet launch comes shortly after 0G Labs closed its $35M pre-seed spherical, which was initially meant to gather $5M to carry an MVP of the thought to market. The spherical, led by Hack VC, noticed participation from many influential buyers primarily within the Web3 area, together with Bankless, Polygon, Delphi Digital, TRGC, Dao5, Symbolic, BlockChain Builders Fund, Dispersion, Daedalus, Gumi Cryptos and plenty of extra enterprise funds and angel buyers.
About 0G
0G, or ZeroGravity, is a number one Web3 infrastructure supplier that’s constructing the main modular AI blockchain creating options to implement on-chain AI functions within the Web3 ecosystem. The platform achieves excessive knowledge availability by its distinctive structure separating knowledge storage and knowledge publishing.
By guaranteeing throughputs of fifty GB/second, a full 50,000x quicker than opponents, and a value that’s 100x decrease, 0G has positioned itself as a frontrunner in bringing excessive knowledge use instances, comparable to scalable L2s and modular AI, into the Web3 ecosystem.
