👉 introduction to $IO coin:-
$IO the world's largest decentralized Al computing network that allows machine learning engineers to access scalable distributed clusters at a small fraction of the cost of comparable centralized services.
io.net is uniquely capable of creating clusters of tens of thousands of GPUs, whether they are co-located or geo-distributed, while maintaining low latency for deployers.
In addition to direct suppliers in the network, DePINs like Render (focused on image rendering) and Filecoin (focused on storage) also supply their compute capacity to io.net in order to access monetization from AI/ML companies.
io.net is enabling an ecosystem of products and services built on top of compute as a currency, and is bringing Al to the world by reducing costs for Al/ML innovators.
👉IO Coin ecosystem:-
-> Decentralized applications (dApps):
IO Coin supports the development and deployment of dApps
-> Digital assets:
IO Coin enables the creation and management of digital assets
->Blockchain technology:
IO Coin uses its own blockchain, based on a modified Bitcoin protocol
-> Chameleon framework:
allows developers to create custom blockchains within the IO Coin ecosystem
-> Model inference gateway:
every model deployed on (link unavailable) needs a micro IO transaction for inference
->GPU rewards:
users are rewarded in IO for contributing processing power to the network.
👉key features of the IO Coin include:-
➡️Blockchain Technology:
IO Coin's blockchain is a modified version of the Bitcoin protocol that uses a hybrid consensus mechanism called Proof of Stake combined with the Chameleon algorithm.
➡️Chameleon Framework:
This framework provides flexibility and scalability for various applications by allowing developers to create custom blockchains within the IO Coin ecosystem.
➡️Decentralized Applications (dApps):
IO Coin supports the development and deployment of decentralized applications, including financial services and games.
