Artificial intelligence (AI) has become a common term in everydays lingo, while blockchain, though often seen as distinct, is gaining prominence in the tech world, especially within the Finance space. Concepts like "AI Blockchain," "AI Crypto," and similar terms highlight the convergence of these two powerful technologies. Though distinct, AI and blockchain are increasingly being combined to drive innovation, complexity, and transformation across various industries.
The integration of AI and blockchain is creating a multi-layered ecosystem with the potential to revolutionize industries, enhance security, and improve efficiencies. Though both are different and polar opposite of each other. But, De-Centralisation of Artificial intelligence quite the right thing towards giving the authority to the people.
The Whole Decentralized AI ecosystem can be understood by breaking it down into three primary layers: the Application Layer, the Middleware Layer, and the Infrastructure Layer. Each of these layers consists of sub-layers that work together to enable the seamless creation and deployment of AI within blockchain frameworks. Let's Find out How These Actually Works...... TL;DR Application Layer: Users interact with AI-enhanced blockchain services in this layer. Examples include AI-powered finance, healthcare, education, and supply chain solutions.Middleware Layer: This layer connects applications to infrastructure. It provides services like AI training networks, oracles, and decentralized agents for seamless AI operations.Infrastructure Layer: The backbone of the ecosystem, this layer offers decentralized cloud computing, GPU rendering, and storage solutions for scalable, secure AI and blockchain operations.
🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
💡Application Layer The Application Layer is the most tangible part of the ecosystem, where end-users interact with AI-enhanced blockchain services. It integrates AI with blockchain to create innovative applications, driving the evolution of user experiences across various domains.
User-Facing Applications: AI-Driven Financial Platforms: Beyond AI Trading Bots, platforms like Numerai leverage AI to manage decentralized hedge funds. Users can contribute models to predict stock market movements, and the best-performing models are used to inform real-world trading decisions. This democratizes access to sophisticated financial strategies and leverages collective intelligence.AI-Powered Decentralized Autonomous Organizations (DAOs): DAOstack utilizes AI to optimize decision-making processes within DAOs, ensuring more efficient governance by predicting outcomes, suggesting actions, and automating routine decisions.Healthcare dApps: Doc.ai is a project that integrates AI with blockchain to offer personalized health insights. Patients can manage their health data securely, while AI analyzes patterns to provide tailored health recommendations.Education Platforms: SingularityNET and Aletheia AI have been pioneering in using AI within education by offering personalized learning experiences, where AI-driven tutors provide tailored guidance to students, enhancing learning outcomes through decentralized platforms.
Enterprise Solutions: AI-Powered Supply Chain: Morpheus.Network utilizes AI to streamline global supply chains. By combining blockchain's transparency with AI's predictive capabilities, it enhances logistics efficiency, predicts disruptions, and automates compliance with global trade regulations. AI-Enhanced Identity Verification: Civic and uPort integrate AI with blockchain to offer advanced identity verification solutions. AI analyzes user behavior to detect fraud, while blockchain ensures that personal data remains secure and under the control of the user.Smart City Solutions: MXC Foundation leverages AI and blockchain to optimize urban infrastructure, managing everything from energy consumption to traffic flow in real-time, thereby improving efficiency and reducing operational costs.
🏵️ Middleware Layer The Middleware Layer connects the user-facing applications with the underlying infrastructure, providing essential services that facilitate the seamless operation of AI on the blockchain. This layer ensures interoperability, scalability, and efficiency.
AI Training Networks: Decentralized AI training networks on blockchain combine the power of artificial intelligence with the security and transparency of blockchain technology. In this model, AI training data is distributed across multiple nodes on a blockchain network, ensuring data privacy, security, and preventing data centralization. Ocean Protocol: This protocol focuses on democratizing AI by providing a marketplace for data sharing. Data providers can monetize their datasets, and AI developers can access diverse, high-quality data for training their models, all while ensuring data privacy through blockchain.Cortex: A decentralized AI platform that allows developers to upload AI models onto the blockchain, where they can be accessed and utilized by dApps. This ensures that AI models are transparent, auditable, and tamper-proof. Bittensor: The case of a sublayer class for such an implementation can be seen with Bittensor. It's a decentralized machine learning network where participants are incentivized to put in their computational resources and datasets. This network is underlain by the TAO token economy that rewards contributors according to the value they add to model training. This democratized model of AI training is, in actuality, revolutionizing the process by which models are developed, making it possible even for small players to contribute and benefit from leading-edge AI research.
AI Agents and Autonomous Systems: In this sublayer, the focus is more on platforms that allow the creation and deployment of autonomous AI agents that are then able to execute tasks in an independent manner. These interact with other agents, users, and systems in the blockchain environment to create a self-sustaining AI-driven process ecosystem. SingularityNET: A decentralized marketplace for AI services where developers can offer their AI solutions to a global audience. SingularityNET’s AI agents can autonomously negotiate, interact, and execute services, facilitating a decentralized economy of AI services.iExec: This platform provides decentralized cloud computing resources specifically for AI applications, enabling developers to run their AI algorithms on a decentralized network, which enhances security and scalability while reducing costs. Fetch.AI: One class example of this sub-layer is Fetch.AI, which acts as a kind of decentralized middleware on top of which fully autonomous "agents" represent users in conducting operations. These agents are capable of negotiating and executing transactions, managing data, or optimizing processes, such as supply chain logistics or decentralized energy management. Fetch.AI is setting the foundations for a new era of decentralized automation where AI agents manage complicated tasks across a range of industries.
AI-Powered Oracles: Oracles are very important in bringing off-chain data on-chain. This sub-layer involves integrating AI into oracles to enhance the accuracy and reliability of the data which smart contracts depend on. Oraichain: Oraichain offers AI-powered Oracle services, providing advanced data inputs to smart contracts for dApps with more complex, dynamic interaction. It allows smart contracts that are nimble in data analytics or machine learning models behind contract execution to relate to events taking place in the real world. Chainlink: Beyond simple data feeds, Chainlink integrates AI to process and deliver complex data analytics to smart contracts. It can analyze large datasets, predict outcomes, and offer decision-making support to decentralized applications, enhancing their functionality. Augur: While primarily a prediction market, Augur uses AI to analyze historical data and predict future events, feeding these insights into decentralized prediction markets. The integration of AI ensures more accurate and reliable predictions.
⚡ Infrastructure Layer The Infrastructure Layer forms the backbone of the Crypto AI ecosystem, providing the essential computational power, storage, and networking required to support AI and blockchain operations. This layer ensures that the ecosystem is scalable, secure, and resilient.
Decentralized Cloud Computing: The sub-layer platforms behind this layer provide alternatives to centralized cloud services in order to keep everything decentralized. This gives scalability and flexible computing power to support AI workloads. They leverage otherwise idle resources in global data centers to create an elastic, more reliable, and cheaper cloud infrastructure. Akash Network: Akash is a decentralized cloud computing platform that shares unutilized computation resources by users, forming a marketplace for cloud services in a way that becomes more resilient, cost-effective, and secure than centralized providers. For AI developers, Akash offers a lot of computing power to train models or run complex algorithms, hence becoming a core component of the decentralized AI infrastructure. Ankr: Ankr offers a decentralized cloud infrastructure where users can deploy AI workloads. It provides a cost-effective alternative to traditional cloud services by leveraging underutilized resources in data centers globally, ensuring high availability and resilience.Dfinity: The Internet Computer by Dfinity aims to replace traditional IT infrastructure by providing a decentralized platform for running software and applications. For AI developers, this means deploying AI applications directly onto a decentralized internet, eliminating reliance on centralized cloud providers.
Distributed Computing Networks: This sublayer consists of platforms that perform computations on a global network of machines in such a manner that they offer the infrastructure required for large-scale workloads related to AI processing. Gensyn: The primary focus of Gensyn lies in decentralized infrastructure for AI workloads, providing a platform where users contribute their hardware resources to fuel AI training and inference tasks. A distributed approach can ensure the scalability of infrastructure and satisfy the demands of more complex AI applications. Hadron: This platform focuses on decentralized AI computation, where users can rent out idle computational power to AI developers. Hadron’s decentralized network is particularly suited for AI tasks that require massive parallel processing, such as training deep learning models. Hummingbot: An open-source project that allows users to create high-frequency trading bots on decentralized exchanges (DEXs). Hummingbot uses distributed computing resources to execute complex AI-driven trading strategies in real-time.
Decentralized GPU Rendering: In the case of most AI tasks, especially those with integrated graphics, and in those cases with large-scale data processing, GPU rendering is key. Such platforms offer a decentralized access to GPU resources, meaning now it would be possible to perform heavy computation tasks that do not rely on centralized services. Render Network: The network concentrates on decentralized GPU rendering power, which is able to do AI tasks—to be exact, those executed in an intensely processing way—neural net training and 3D rendering. This enables the Render Network to leverage the world's largest pool of GPUs, offering an economic and scalable solution to AI developers while reducing the time to market for AI-driven products and services. DeepBrain Chain: A decentralized AI computing platform that integrates GPU computing power with blockchain technology. It provides AI developers with access to distributed GPU resources, reducing the cost of training AI models while ensuring data privacy. NKN (New Kind of Network): While primarily a decentralized data transmission network, NKN provides the underlying infrastructure to support distributed GPU rendering, enabling efficient AI model training and deployment across a decentralized network.
Decentralized Storage Solutions: The management of vast amounts of data that would both be generated by and processed in AI applications requires decentralized storage. It includes platforms in this sublayer, which ensure accessibility and security in providing storage solutions. Filecoin : Filecoin is a decentralized storage network where people can store and retrieve data. This provides a scalable, economically proven alternative to centralized solutions for the many times huge amounts of data required in AI applications. At best. At best, this sublayer would serve as an underpinning element to ensure data integrity and availability across AI-driven dApps and services. Arweave: This project offers a permanent, decentralized storage solution ideal for preserving the vast amounts of data generated by AI applications. Arweave ensures data immutability and availability, which is critical for the integrity of AI-driven applications. Storj: Another decentralized storage solution, Storj enables AI developers to store and retrieve large datasets across a distributed network securely. Storj’s decentralized nature ensures data redundancy and protection against single points of failure.
🟪 How Specific Layers Work Together? Data Generation and Storage: Data is the lifeblood of AI. The Infrastructure Layer’s decentralized storage solutions like Filecoin and Storj ensure that the vast amounts of data generated are securely stored, easily accessible, and immutable. This data is then fed into AI models housed on decentralized AI training networks like Ocean Protocol or Bittensor.AI Model Training and Deployment: The Middleware Layer, with platforms like iExec and Ankr, provides the necessary computational power to train AI models. These models can be decentralized using platforms like Cortex, where they become available for use by dApps. Execution and Interaction: Once trained, these AI models are deployed within the Application Layer, where user-facing applications like ChainGPT and Numerai utilize them to deliver personalized services, perform financial analysis, or enhance security through AI-driven fraud detection.Real-Time Data Processing: Oracles in the Middleware Layer, like Oraichain and Chainlink, feed real-time, AI-processed data to smart contracts, enabling dynamic and responsive decentralized applications.Autonomous Systems Management: AI agents from platforms like Fetch.AI operate autonomously, interacting with other agents and systems across the blockchain ecosystem to execute tasks, optimize processes, and manage decentralized operations without human intervention.
🔼 Data Credit > Binance Research > Messari > Blockworks > Coinbase Research > Four Pillars > Galaxy > Medium
Crypto Market and volatility are just synonyms. While crypto can give you never imagined returns in short time also brings some big risk factors like flash dumps and big breakdowns.
Recently Bitcoin plunged 56,000$ all of a sudden thanks to sell off from Germany and many others bearish factors. But there's always opportunities knocking your door. These are small tips how you can chery-pick the best coins even during this bad situations. 🔼 Relative Strength (RSI) : The RSI is a momentum oscillator that measures the speed and magnitude of recent price changes. It's displayed as a line on a scale of 0 to 100. Traditionally, an RSI above 70 indicates an overbought condition, and below 30 indicates oversold. Then we have Sector Relative Strength Against Bitcoin. It's a intersting metrics that indicate +1.0 sector is leading the market or if it's falls below it's lagging behind the market.
🔆 Daily Active Users (DAU): High DAU indicates a project with a vibrant user base actively engaging with the platform. This suggests the project is solving a problem or offering a valuable service that people use regularly. Increased user activity can lead to more demand for the project's token, potentially driving the price up.
💥 Transaction Volume: Transaction volume refers to the total amount of cryptocurrency being transferred within the project's ecosystem. High transaction volume signifies a project with a healthy level of activity and utility. More transactions often translate to increased demand for the token to facilitate those transactions, potentially causing a price rise. ✴️ Trading Volume: This refers to the total amount of a cryptocurrency being bought and sold on exchanges. High trading volume indicates strong market interest in the token. Active trading can bring more attention to the project, potentially attracting new investors and driving the price up.
🤖 Fees (if collected): Some crypto projects collect fees for transactions or services on their platform. Consistent fee collection demonstrates a sustainable revenue model, which can be a positive sign for investors. Fees can also create a demand for the token if they're required for using the platform.
🌀 Staking Stats (if available): Staking allows investors to earn rewards for holding a cryptocurrency. High staking participation indicates investor confidence in the project's long-term potential. Staking can also reduce the circulating supply of tokens, potentially leading to price appreciation due to increased scarcity. ⚡ Active Holders: This refers to the number of wallets holding a particular cryptocurrency that have recently interacted with it. A high number of active holders suggests strong community engagement and distributed ownership, which can be viewed favorably by investors. It indicates the project isn't controlled by a small group and has a broader user base. 🐠 Important Note: These factors should be considered together, not in isolation. A strong project will typically exhibit a combination of these positive metrics. And Collect the Data For last 30-60 Days. If Any coin doing somehow positive on those metrics but continuously outperformed by market. You Must best on that. Price Action definitely Follow the On-chain Growth. 🔼 Data Credit > Dyor > Token Terminal > IntoTheBlock
Binance Web3 Wallet Airdrop Earn 68,000 ARB & More
⏰ September 1, 12:00 PM (UTC) — September 10, 12:00 PM (UTC) 🎁 Total prize pool : 68000 $ARB
1️⃣ 40000 $ARB Users who trade at https://gmx.dappos.com/trade will share 25000 $ARB according to the trading volume. Trade at least 20$ and share the campaign on twitter to earn 10 $ARB . (15000 $ARB in total, first come first served,submit a form here to be eligible, form link is below).
2️⃣28000 $ARB Users who buy $GLP or $GM at https://gmx.dappos.com/buy will share up to 28000 $ARB according to the total value of $GLP or $GM they hold on the snapshot date 📌 Steps 1. Trade > Visit https://gmx.dappos.com/trade and trade • Binance Web3 Wallet Users - Search DappOS on Discover Page And In DappOS Click On GMX Banner and In GMX click Trade
> Visit https://gmx.dappos.com/buy to buy $GLP or $GM • Binance Web3 Wallet Users - Search DappOS on Discover Page And In DappOS Click On GMX Banner and In GMX Click Buy
2. Share - Share your trading record and Rocket Campaign 07 information on X. 3. Complete the form https://docs.google.com/forms/d/e/1FAIpQLSdWGAeZful7Nj1ZP5lTIQzS0jnhi70wuThn7tnqZUz8S9YGsA/viewform?usp=send_form ✅ Binance Web3 x DappOS Airdrop
1. Go to Discover Page on Binance Web3 Wallet 2. Search DappOS 3. Click on transfer or deposit And Deposit 10$ of USDT / USDC on BSC Chain
4. Make Sure You Have atleast 1$ of $BNB on Web3 Wallet. 5. After Depositing click Earn by converting to Intent Assets. It's On the Homepage of DappOS
6. Choose the asset to be minted and tap [Start Earning]. 7. Check the details and tap [Confirm]. 8. Sign to confirm and intent assets will be minted 9. You'll Share $200,000 USDT Prize Pool After Confirmation. 10. Step By Step Guide For Full 500,000 Airdrop
- Zest Protocol Launches Bitcoin Liquid Staking: The protocol introduces BTCz, a BTC equivalent earning yield through the Babylon staking system.
- Core Blockchain Introduces LstBTC: The new ERC-20 liquid staking token aims to solve the dilemma between earning rewards and maintaining liquidity for Bitcoin holders.
- Mercuryo Launches Crypto Debit Card: The Mastercard-enabled card allows users to spend their crypto holdings at over 90 million merchants.
- Pressman Film to Use Avalanche for Film Funding: The studio behind "Wall Street" and "American Psycho" will use the Avalanche blockchain to launch a tokenized public fund for film investments.
- Pump.fun Regains Lead Over Tron's SunPump: The Solana-based meme coin factory retakes statistical lead in daily created coins. $TRX
- Infinite Reality Partners with Google Cloud: The 3D and VR startup aims to leverage Google's computing and AI power for creating immersive environments.
- Catizen Sets Token Launch Date: The Telegram-based puzzle game announces its CATI token will launch on September 20.
- Binance Web3 Wallet X DappOS Airdrop Worth $500,000 For First 60,000 People Join Here
It Won't take more than 15 minutes to complete the process . Do check out the Article And You Can Win Upto $500,000 in Free Airdrop From Binance . 👇
LIVE
Techandtips123
--
By Holding 10$ You'll Get Upto $500,000 In Binance Airdrop
Binance recently gave all users $50-$5,000 in free airdrops through various methods, such as Binance Launchpool, Binance MegaDrop, and the recently concluded Binance Holders Airdrop. Interestingly, the Binance Web3 wallet has always offered many freebies that you might have missed. By completing simple tasks, you can earn a significant amount of crypto assets without leaving the Binance app. The Web3 Wallet is now giving away $500,000 for completing simple on-chain tasks. Okay! This might seem like a hoax, but it's true. The Binance Web3 Wallet has partnered with DappOS, an intent protocol. You can earn a portion of the $500,000 rewards simply by interacting with the protocol and holding assets worth as little as $10. Let's get started!
✅ Task 1: Mint Intent Assets Process - Mint intent assets worth at least $10. You can deposit assets to dappOS and convert them into intentUSD, intentETH or intentBTC. STEPS - 1. How to deposit assets to dappOS? You can deposit assets to dappOS via your Binance Web3 Wallet or Binance Exchange Wallet. To complete this task, you’d need to transfer some stablecoins and the relevant crypto assets to pay for gas fees (e.g., BNB for transferring via BNB Chain).
• Log in to your Binance app and go to [Wallets] - [Web3]. Then, go to [Discover] and search for “dappOS”.
• You’ll be redirected to dappOS. Tap [Connect Wallet] and select [Binance Wallet].
> If you’re using the Web3 Wallet: • Tap [Transfer].
• Select the asset you want to deposit to dappOS and enter the amount. Choose a network for the transfer. Tap [Confirm] and you’ll be prompted to confirm the transaction in your Binance Web3 Wallet.
• Once confirmed, the assets will be transferred to dappOS.
> If you’re using the Exchange Wallet: • Tap [Deposit] in dappOS, select the network to receive assets and tap [View address].
• Tap to copy the dappOS deposit address.
• Go back to your Binance Exchange Wallet and tap [Withdraw].
• Select the asset you want to transfer to dappOS and tap [Send via Crypto Network].
• Paste the address you copied from dappOS and enter the withdrawal amount. Tap [Withdraw] to proceed ☺️.
• Once confirmed, your assets will be transferred to dappOS.
✅ How to mint intent assets on dappOS? PROCESS - After depositing assets to dappOS, you can mint intent assets to complete task 1. Please note that you must mint at least $10 worth of intent assets for this task. STEPS - Go to dappOS and tap [Earn by converting to Intent Assets].
• Choose the asset to be minted and tap [Start Earning].
• Check the details and tap [Confirm].
• Sign to confirm and intent assets will be minted.
• The intent assets will start generating yields immediately. You can check the total earned reward amount on the dappOS homepage. Intent assets can be withdrawn to other wallets anytime. You may also use them in any Intent dApp that requires USDC, ETH, or BTC.
✅ Task 2: Interact with dApps on dappOS PROCESS - Interact with any dApps running on the dappOS intent execution network. STEPS - Tap [DApps] on the dappOS homepage and choose an intent dApp. For example, GMX.
• On the dApp, you’ll see that the intent assets you minted have been added to the USDC/ETH/BTC balances and can be used directly. For example, if you minted intentETH worth $60 and you have another $40 worth of ETH. The available balance of ETH in the dApp will be shown as $100. You may choose an action to complete in the dApp, such as swapping assets, to be eligible to share the reward pool of Task 2.
• Sign and confirm the action via your Binance Web3 Wallet.
• The task is considered complete. You may check the records from the history tab.
✅ How to withdraw my intent assets from dappOS? • Tap [Withdraw] on the dappOS homepage.
• Select the token and network, then enter the transfer amount and paste the destination address. Tap [Confirm] to transfer your assets.
By Holding 10$ You'll Get Upto $500,000 In Binance Airdrop
Binance recently gave all users $50-$5,000 in free airdrops through various methods, such as Binance Launchpool, Binance MegaDrop, and the recently concluded Binance Holders Airdrop. Interestingly, the Binance Web3 wallet has always offered many freebies that you might have missed. By completing simple tasks, you can earn a significant amount of crypto assets without leaving the Binance app. The Web3 Wallet is now giving away $500,000 for completing simple on-chain tasks. Okay! This might seem like a hoax, but it's true. The Binance Web3 Wallet has partnered with DappOS, an intent protocol. You can earn a portion of the $500,000 rewards simply by interacting with the protocol and holding assets worth as little as $10. Let's get started!
✅ Task 1: Mint Intent Assets Process - Mint intent assets worth at least $10. You can deposit assets to dappOS and convert them into intentUSD, intentETH or intentBTC. STEPS - 1. How to deposit assets to dappOS? You can deposit assets to dappOS via your Binance Web3 Wallet or Binance Exchange Wallet. To complete this task, you’d need to transfer some stablecoins and the relevant crypto assets to pay for gas fees (e.g., BNB for transferring via BNB Chain).
• Log in to your Binance app and go to [Wallets] - [Web3]. Then, go to [Discover] and search for “dappOS”.
• You’ll be redirected to dappOS. Tap [Connect Wallet] and select [Binance Wallet].
> If you’re using the Web3 Wallet: • Tap [Transfer].
• Select the asset you want to deposit to dappOS and enter the amount. Choose a network for the transfer. Tap [Confirm] and you’ll be prompted to confirm the transaction in your Binance Web3 Wallet.
• Once confirmed, the assets will be transferred to dappOS.
> If you’re using the Exchange Wallet: • Tap [Deposit] in dappOS, select the network to receive assets and tap [View address].
• Tap to copy the dappOS deposit address.
• Go back to your Binance Exchange Wallet and tap [Withdraw].
• Select the asset you want to transfer to dappOS and tap [Send via Crypto Network].
• Paste the address you copied from dappOS and enter the withdrawal amount. Tap [Withdraw] to proceed ☺️.
• Once confirmed, your assets will be transferred to dappOS.
✅ How to mint intent assets on dappOS? PROCESS - After depositing assets to dappOS, you can mint intent assets to complete task 1. Please note that you must mint at least $10 worth of intent assets for this task. STEPS - Go to dappOS and tap [Earn by converting to Intent Assets].
• Choose the asset to be minted and tap [Start Earning].
• Check the details and tap [Confirm].
• Sign to confirm and intent assets will be minted.
• The intent assets will start generating yields immediately. You can check the total earned reward amount on the dappOS homepage. Intent assets can be withdrawn to other wallets anytime. You may also use them in any Intent dApp that requires USDC, ETH, or BTC.
✅ Task 2: Interact with dApps on dappOS PROCESS - Interact with any dApps running on the dappOS intent execution network. STEPS - Tap [DApps] on the dappOS homepage and choose an intent dApp. For example, GMX.
• On the dApp, you’ll see that the intent assets you minted have been added to the USDC/ETH/BTC balances and can be used directly. For example, if you minted intentETH worth $60 and you have another $40 worth of ETH. The available balance of ETH in the dApp will be shown as $100. You may choose an action to complete in the dApp, such as swapping assets, to be eligible to share the reward pool of Task 2.
• Sign and confirm the action via your Binance Web3 Wallet.
• The task is considered complete. You may check the records from the history tab.
✅ How to withdraw my intent assets from dappOS? • Tap [Withdraw] on the dappOS homepage.
• Select the token and network, then enter the transfer amount and paste the destination address. Tap [Confirm] to transfer your assets.
The newly launched Mainnet of Gravity Chain got us hooked. The chain is creating Cross-chain interoperability and their token is also exciting. The token will have the support of both Babylon & Eigenlayer native staking and Restaking.
> The $G token will be used as the blockchain's native gas token, drive governance decisions, and act as a growth incentive and means of payment within the Galxe ecosystem. The alpha mainnet will also support “chain-agnostic gas payments,” which will allow users to pay transaction fees with their Galxe ecosystem balance.
> if you see last week's data it growth was sublime. The chain had deposit growth over +80% and will continue to rise after their partnarship with Web3 giant Galxe.
> Talking About the other factors staking on Galxe will be another big hit for the G token. The platform currently handles over 5M crypto natives and the token will be the maing fuel of the platform.
Toncoin's market cap surged to $13.96 billion, reaching 1.1 million daily users, despite facing a sharp 25% drop following Telegram CEO Pavel Durov's arrest in France. > The event has raised concerns about market volatility, though some indicators suggest a potential rebound for $TON .
From the seeding of cryptocurrencies, the concept of "magic internet money" took root, manifesting in a myriad of forms across various blockchain networks. These digital assets, while groundbreaking, have been deployed on different chains, creating a fragmented ecosystem. The same asset might exist on multiple chains, each with its own format, making the Web3 experience more challenging than it needs to be. Transferring or converting assets from one chain to another often involves a complex, time-consuming process, presenting a significant barrier to seamless interaction across the decentralized web.
Enter Gravity Chain, a solution designed to break down these barriers and streamline cross-chain interoperability. Gravity Chain acts as a universal bridge, allowing assets to move freely and efficiently between different blockchains without compromising on security or decentralization. By providing a robust infrastructure for cross-chain communication, Gravity Chain simplifies the user experience, making it as easy as possible to navigate the diverse landscape of Web3. With Gravity Chain, the vision of a truly interconnected, interoperable blockchain ecosystem is becoming a reality.
✅ What is Gravity Chain?
Gravity is an omnichain settlement layer built for mass adoption and full-chain abstraction. At its core, Gravity is constructed with advanced technologies like Zero-Knowledge Proofs, staking-powered architecture, and state-of-the-art consensus mechanisms that provide high performance, reinforced security, and transaction cost efficiency. TL;DR Gravity Chain enables seamless cross-chain transactions and data transfers, allowing different blockchains to communicate and interact efficiently. This ensures a smooth user experience across multiple blockchain networks.Gravity Chain leverages decentralized data oracles and smart contracts to verify and validate cross-chain data, ensuring accuracy and security in transactions and asset transfers.With features like zero-knowledge proofs, gas abstraction, and intent-based transactions, Gravity Chain simplifies complex multi-chain processes, making blockchain interactions more user-friendly and efficient.Gravity Chain is integrated into the Galxe ecosystem, powering tools like loyalty points and supporting chain-agnostic gas payments, driving the ecosystem’s growth and enhancing user engagement.
What is Omnichain Omnichain is a network or protocol that enables interoperability between different blockchain networks. This means that assets, transactions, and information can be transferred seamlessly across multiple blockchains.
How Gravity Chain Works Data Oracles Role of Oracles: Gravity Chain uses decentralized data oracles to pull data from different blockchains. Oracles are crucial in bringing off-chain data onto the blockchain or moving data between different chains. These oracles act as intermediaries that fetch, verify, and relay data from one blockchain to another.Cross-Chain Data Collection: For example, if a user has credentials on Ethereum that need to be recognized on Binance Smart Chain (BSC), the oracle will collect this data from Ethereum, verify it, and then relay it to the BSC network.
Smart Contracts Verification and Validation: Smart contracts on the Gravity Chain are responsible for the verification and validation of the data before it is transferred between chains. These smart contracts ensure that the data being transmitted is accurate and meets the required conditions set by the receiving blockchain.Execution Logic: The smart contracts contain the logic for how data should be processed, such as the conditions under which credentials can be recognized or transferred across chains. This could involve verifying that a certain token balance exists, confirming an NFT ownership, or recognizing a user's participation in an event.
Inter-Blockchain Communication (IBC) Protocol Standards: Gravity Chain utilizes Inter-Blockchain Communication (IBC) protocols, or similar cross-chain messaging protocols, to enable communication between different blockchain networks. IBC allows different blockchains to exchange data and assets in a secure and standardized manner.Message Passing: Through IBC, messages or transactions are packaged and transmitted from the source chain to the target chain. The target chain then unpacks these messages and executes the necessary actions, such as recognizing a credential or transferring an asset.
Cross-Chain Credential Management Credential Aggregation: Gravity Chain aggregates credential data from multiple chains into a unified system. This aggregated data can then be accessed and utilized by various applications across different blockchains, ensuring consistency and reliability.User-Controlled Data Transfers: Users have control over their credentials and can authorize the transfer or recognition of their data across chains. This user-centric approach ensures that data is only shared when explicitly permitted, maintaining privacy and security.
Peg Zones Token Representation: In cases where token or asset transfers are involved, Gravity Chain uses Peg Zones to manage the pegging of tokens. Tokens on one chain are locked in a smart contract, while an equivalent amount of tokens is minted on the destination chain, allowing for the seamless transfer of value across chains.Maintaining Consistency: Peg Zones ensure that the total supply of a token remains consistent across chains, preventing issues like double-spending or inflation.
Cross-Chain Data Verification Decentralized Verification: Once the data is transferred, it undergoes a decentralized verification process on the target chain. Validators or the target blockchain's consensus mechanism confirm the accuracy and authenticity of the data.Interoperable Applications: Applications built on top of the Gravity Chain can access and use this cross-chain verified data, allowing them to operate in a multi-chain environment with seamless interoperability.
Key Features of Gravity
Cross-Chain Transactions Gravity Chain breaks down the barriers between blockchains, allowing developers to define and settle transactions across multiple networks. Here’s why this matters; Imagine seamlessly swapping tokens from Ethereum to Binance Smart Chain or executing a smart contract spanning Solana and Polygon. Gravity Chain enables efficient and secure cross-chain interactions. Efficient Verification with Zero-Knowledge Proofs (ZKPs) Gravity Chain supports zk-SNARKs, a cryptographic technique that verifies transactions without revealing sensitive details. This cost-efficient verification ensures both privacy and scalability. Enhanced User Experience (UX) Gravity Chain introduces cryptographic building blocks such as the “secp256r1 curve” through precompiled contracts. This enables use cases such as cost-effective passkey authentication for Account Abstraction wallets, making user interactions smoother and more secure. High-Performance Execution Gravity Chain integrates Reth, the fastest execution layer, and Jolteon (AptosBFT), a state-of-the-art consensus algorithm. Together, they provide high throughput and near-instant finality. This ensures that transactions happen swiftly, and developers can build responsive applications. Secure and Robust Proof-of-Stake (PoS) Mechanism Gravity’s Proof-of-Stake will be powered by combining G token native staking and restaking protocols, including Babylon and EigenLayer. These restaking protocols incentivize a cross-spectrum community to collectively safeguard the Gravity chain making security a shared responsibility. EVM Compatibility Gravity Chain is fully EVM-compatible, making deploying and interacting with smart contracts familiar and straightforward. G Token The blockchain will support “G token native staking and restaking protocols including Babylon and EigenLayer,” the press release continued, to unite “a cross-spectrum community to collectively safeguard the Gravity chain.”
The G token will be used as the blockchain's native gas token, drive governance decisions, and act as a growth incentive and means of payment within the Galxe ecosystem. The alpha mainnet will also support “chain-agnostic gas payments,” which will allow users to pay transaction fees with their Galxe ecosystem balance. Chain-agnostic gas payments offer a significant advantage in the decentralized finance (DeFi) ecosystem by enabling users to interact with various blockchain networks without the need to hold native tokens for each one. This approach simplifies the user experience and promotes interoperability. Governance: Holders of $G will be able to participate in decision-making. They will shape the future of Gravity Chain through proposals, voting, and protocol upgrades.Staking Rewards: Validators can stake $G tokens to secure the network. In return, they will earn rewards, ensuring network stability.Transaction Fees: $G will be used for transaction fees. Whether you’re transferring assets, executing smart contracts, or participating in DeFi, $G will power these interactions. Galxe & Gravity Gravity Chain is a vital component of the Galxe ecosystem. Galxe is the undisputed king of Web3 engagement and reward platform. Here’s how it fits in:
Existing Suite of Products: Gravity Chain will harmoniously coexist with Galxe’s suite of products, including Quest, Compass, Passport, Score, Alva, and the Galxe Identity Protocol. These interconnected tools will create a robust environment for users and developers.Cross-Chain Settlement: Gravity Chain will serve as the settlement layer for user intents across any chain. Imagine seamlessly executing transactions, swapping assets, or interacting with smart contracts—all while Gravity handles the intricacies behind the scenes.User Activity: Gravity Chain is estimated to handle over 60 million monthly transactions. That’s twice the activity of Ethereum. It’s not just active; it’s hyperactive, establishing itself as one of the most vibrant chains in the Web3 space.
Use Cases Of Gravity Chain After integration with Galxe, Gravity Chain $G Token will create a robus ecosystem itself. That'll facilities & process many of complex tasks & cross Chain bridging.
Balance Abstraction with Yield: With the emergence of protocols across multiple chains, Web3 users face increasing challenges in managing their assets seamlessly. Gravity addresses this challenge by consolidating balances across all chains and ensuring cross-chain transaction settlements and verification on-chain, providing a streamlined and boundless experience.Intent-Based Transactions: Gravity simplifies the intricate process of navigating infrastructure-level transactions between chains. This system permits intent-based transactions, freeing users from the complexities of the underlying technical mechanics. For example, with Gravity, developers can create platforms that allow users to buy ETH on any chain with minimal slippage, without needing to worry about where or how to source the underlying liquidity.Gas Abstraction: With the addition of smart contract wallet support, Gravity enhances the user experience by enabling transaction batching and gas sponsorships. This eliminates the need for users to bridge tokens between chains to complete multi-chain transactions, creating a seamless omnichain experience.Omnichain Loyalty Points: The existing loyalty points system on Galxe Quest will be migrated to Gravity, shifting all loyalty points on-chain. With native features such as permission control, snapshot taking, and points trading, Gravity functions as the foundational layer for loyalty points marketplaces, powering fully on-chain quests.
🔼 Data Credit - > Gate > The Block > Medium > Coinmarketcap
Bitcoin is currently consolidating within a descending broadening wedge pattern, a technical structure that often precedes significant price movement. The 100-day moving average is acting as a crucial resistance barrier, rejecting BTC's attempts to break higher.
> Market sentiment remains cautious as traders await a clear breakout or breakdown from this pattern to confirm the next directional move. Volume has been relatively low, indicating indecision among participants. > A confirmed breakout above the 100MA could signal a bullish reversal, while a breakdown might lead to further downside.