A Leap Into the Future: 0G’s Newton Testnet
0G Labs, a newcomer to the fast-growing arenas of blockchain and artificial intelligence, has launched the Newton Testnet. This testnet is the predecessor of an ultra-scalable Modular AI Blockchain known as 0G or ZeroGravity. The testnet is a playground for node operators, developers, and a dedicated community. All of these people have been allowed to dip their toes and contribute crucial information before the big mainnet launch, which is slated for the third quarter of 2024.
This new breakthrough is a tidal wave aimed at overcoming the scalability and data throughput challenges that have hampered blockchain-AI integration.
0G’s modular design philosophy seeks to reduce blockchain’s restrictions, which have long limited its utility as a vehicle for AI’s complex data and execution requirements. To avoid outdated consensus mechanisms and decrease congestion caused by disconnected use cases, 0G’s engineers purposefully developed a lean network.
AI On-Chain Demand: Challenges
In the digital era, we are drawn to artificial intelligence (AI). It is as trustworthy and fair as we make it. Thus, it is an excellent venue for neural network training and deployment. Huge firms see AI as a foundation that will alter their industry, not a fad. Intellectual property and privacy concerns, biased generative AI models, and a lack of legal order all inhibit progress.
It also advocates for fair remuneration for all parties involved in the AI value chain, as well as AI data that is easily trackable. To get the most out of both autonomy and human interaction, avoid deep fakes and provide a well-balanced physical control system that validates AI outputs. AI that operates on the blockchain is not conceivable due to system problems. 0G comes first on the blockchain. This option can manage over 50 Gbps of data, but Ethereum’s alternatives can only handle 1.5 Mbps. Because it may expand indefinitely, 0G’s nature allows it to influence how distributed ledger technology is employed.
0G Labs completed a massive $5 million pre-seed financing round to launch a minimally viable product. This comment followed the company’s testnet announcement.
With the help of top Web3 investors like Bankless and Polygon, this fundraising round demonstrates the market’s unwavering faith in 0G’s vision. The fact that 0G is building a blockchain and enabling on-chain AI applications in the Web3 ecosystem is proof of this.
About 0G
At its heart, 0G, or ZeroGravity, is more than a blockchain; it serves as a conduit for the high-stakes dance between AI and blockchain. 0G reaches an incredible data throughput of 50 GB/second because to its innovative design that combines data storage and data broadcasting. This is more than a jump; it is a vault over present benchmarks, assuring that scalable Layer 2 solutions are viable for the first time, and modular AI are tactile realities inside the Web3 domain. With a cost structure that is a fraction of its rivals, 0G is not only participating in the blockchain revolution but also leading the charge.
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Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR.
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