CoinWorld reports:
Artificial intelligence is essentially a centralized technology. This is mainly because it largely depends on economies of scale, and running through a single data center can improve efficiency.
In addition, data, machine learning models, and machine learning talent are usually controlled by a few technology companies. Although cryptocurrencies help to decentralize artificial intelligence through technologies such as ZKML, these technologies can be applied to data centers, databases, and machine learning models themselves.
Neura Chain – Incubation platform for artificial intelligence applications
Neura Chain is a platform aimed at innovating the integration of artificial intelligence, cloud computing, and blockchain technology. It was launched by the Web3 infrastructure platform Ankr and partnered with the Bitcoin ecosystem staking protocol, Babylon, introducing ankrBTC as the underlying liquidity protection.
Neura Chain aims to develop computation-driven products, focusing on developing an artificial intelligence application ecosystem on its platform. In addition, it also brings liquidity and economic value services to other Layer 2 solutions based on Bitcoin.
In this joint construction, the Bitcoin staking protocol Babylon is responsible for staking idle Bitcoin and providing re-staking similar to EigenLayer to increase security incentives.
Ankr
is responsible for creating liquidity staking tokens (ankrBTC) for Babylon-staked Bitcoin, similar to stETH by Lido issued on the PoS chain. Ankr
also provides staking nodes and, based on related incentive mechanism design, obtains ankrBTC through staking to the Babylon protocol. After obtaining two layers of income from staking, it can also participate in related DeFi projects in the ecosystem to obtain a third layer of rewards.
In addition, the BTC staking nodes operated by Ankr will also become the underlying validator network for Neura Chain, using BTC liquidity as the economic value protection for Neura Chain. With this support, Neura Chain possesses the most stable underlying network benefits in the current cryptocurrency landscape.
Core features of Neura:
Decentralized GPU market: Neura’s core is a dynamic market that bridges the gap between GPU providers and developers. It ensures efficient interaction channels, democratizing the availability of high-performance GPU resources.
ANKR token-driven economic model: The ANKR token is crucial to the Neura economy and is the currency for all transactions within the entire ecosystem. It not only incentivizes GPU providers but also rewards innovative contributions by developers.
Innovative token standards for native artificial intelligence projects: Neura
natively integrates ERC-404 and ERC-7641 token standards, aiming to introduce new financing and operational models for artificial intelligence projects. These token standards, integrated with AI applications, allow for partial ownership and revenue sharing of AI models, increasing investment participation in artificial intelligence projects and expanding community contribution to AI models.
Adoption of decentralized storage solutions: Neura is based on offline storage solutions such as EigenLayer, Celestia, Arweave, and IPFS, ensuring efficient and secure data storage, making Neura a powerful platform for data-intensive artificial intelligence and blockchain applications.
AI project launch services – IMOs: Neura’s unique innovative financing mechanism helps early-stage artificial intelligence projects obtain investment and computational resources through blockchain. IMOs use ANKR tokens, as well as ERC-404 and ERC-7641 standards, to provide a transparent, fair, and efficient way to launch and expand artificial intelligence projects.
Convenient interoperability: Built on the Cosmos SDK, Neura is compatible with the Cosmos IBC protocol and ERC-20 standards, ensuring that artificial intelligence models can be seamlessly deployed and interact in different blockchain ecosystems.
At the network level, GPU
providers register detailed information (such as GPU specifications, IP addresses, and ANKR
token deposits) with the Neura blockchain through smart contracts. Task submitters (demand for computing power) encrypt their tasks with the public key of the selected GPU provider and submit them to off-chain storage, while recording references on the Neura
blockchain. GPU providers then retrieve tasks, decrypt and execute them, upload the results to off-chain storage, and update smart contracts with the results.
During this process, the ANKR
token serves as a key medium for protocol network operations. All ecosystem transactions, including access to GPU resources, participation in initial model products (IMO), and obtaining AI
services, require ANKR
to complete. At the same time, the network will reward GPU providers with ANKR tokens in the form of Depin, ensuring that global computing resources serve the artificial intelligence ecosystem applications.
Overall, Neura
Chain, based on Bitcoin liquidity protection, built on the Cosmos SDK, and ERC-20
compatible, will easily interact with other blockchain networks in the future. Meanwhile, Neura’s dynamic GPU power market and innovative IMOs provide early-stage financing, computing power matching, and model training services for more AI
teams, making it an ecosystem for incubating AI applications.
The significance of Neura Chain for AI
Integrating BTC security into AI networks: Neura and Babylon are both networks built on the Cosmos SDK, so they naturally complement each other in their cooperation. This means that Neura will become the first AI network built using BTC liquidity, becoming a pioneer in the industry.
With
the entry of AnkrBTC liquidity into the Neura Chain, the three-piece DeFi
suite based on AnkrBTC will also go live. These applications not only meet the needs of users for asset trading but also support the trading of core category asset computing power through ERC-404. Therefore, in the future, Neura
Chain will not only be a network based on BTC liquidity protection but will also become the core platform for large-scale GPU computing power services under Ankr.
The evolution of AI requires algorithms, computing power, and data to drive it. For some emerging AI
projects, the cost of computing power investment is enormous. In order to reduce costs and obtain more computing power, they often have to collaborate with cloud service giants. However, with the emergence of cloud computing power networks and the use of the Depin incentive mechanism to attract user contributions of computing power and data, the computing power cost for AI developers has been greatly reduced. This means that in the future, more AI projects will shift their computing power requirements to the blockchain. Neura, with BTC liquidity protection and a large-scale computing power network, naturally becomes the preferred platform for AI teams.
In conclusion
As the AI frenzy sweeps through the cryptocurrency world, Neura, as a new generation of AI intelligent ecosystem chain, possesses multiple hot new narratives such as BTC re-staking, computing power Depin, and AI application IMO incubation. With the joint construction of the Ankr and Babylon teams, it is believed that Neura Chain will be able to secure a place in the AI race.
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The Ultimate Weapon of Neura AI Technology and DeFi in the Artificial Intelligence Ecosystem for BTC Staking Economy
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