đ The basics of the Autonomys Network and Subspace protocol.
Autonomys Network is a blockchain system built on the Subspace #protocol . They aim to create an #ECOSYSTEM that is strengthened by user contributions. The Subspace protocol, on the other hand, offers important features such as high security, scalability and decentralization to its users. This system uses an innovative " Proof of Archival Storage" consensus mechanism for storing and processing data. In this way, more people can participate and contribute to the network. Users can participate in the network without requiring technical knowledge. Diversity and dynamism are added to the network with all transactions made. As a result, Autonomys Network allows users to play a more active role in the blockchain world.
đ Auto ID and its universal digital identity for both humans and AI.
Auto ID is defined as a digital identity system developed for both humans and artificial intelligence. #AutoID allows users to securely verify their online identities. It helps them protect their privacy. Auto ID allows everyone to create and manage their own digital identity. People can create this identity themselves. Artificial intelligence systems can have these identities with the permission they receive from people. In this way, it is aimed to provide more transparent and reliable interactions in the digital world.
đ The benefits of Auto ID
One of the most important advantages that makes Auto ID different is that it is verifiable. Users can verify their identities and the accuracy of the information provided under this identity with digital signatures. The identities created by Auto ID can be easily used on different platforms. When we look at it in terms of security, Auto ID tightly protects users' information using encryption methods. When we look at it in terms of security measures, an effective defense mechanism has been created against identity theft and fraud. When we look at the specifics of Auto ID systems, it allows different identities and information to be used in a way that is compatible with each other.
đ How Auto Coin operates
Auto Coin is the local token used on the Autonomys Network. We can say that it is used as a reward system that encourages users to participate in the network. Users can earn Auto Coin by allocating free space on their computers and promising space through the Auto Peer application. With Auto Coin, users are given the opportunity to make transactions on the network. Users gain the necessary rights to perform transactions by staking a minimum amount of Auto Coin. Depending on the amount they stake, their chances of winning more rewards increase. They also contribute to the security of the network with the transactions they make. As a result of all the transactions made, the network continues to develop continuously and it also benefits new users.
đ Decentralized Structure and Consensus Model of the Autonomys Network
Autonomys Network has a decentralized structure in its essence. We can think that the network is not controlled and managed by a single authority. Thanks to decentralization, more people are allowed to participate in the network and decision-making processes. The Subspace protocol uses an innovative consensus mechanism to ensure security. This mechanism checks the accuracy of the transactions made. It ensures that the network remains constantly secure. It is aimed to provide protection against malicious and incorrect attempts. . As a result, Autonomys Network offers a safe, fair and equal environment. #AI3
đŻ If I were to give a contemporary example of Auto ID,;
Let's think about the question of where and how we can use the Auto ID system today. I will complete my article by giving an example from the social media platform that is at our fingertips every minute. For example, you can log in to a social media site you use using your Auto ID. Since you will have authenticated your identity during the login, the content to be shared will be secured thanks to the identity information you have entered. The identity we create by another user will verify whether the content is fake or not. In the checks to be made by other users, it will be possible to see who created the identity. In this way, secure connections will be provided. Since trust is at the forefront, there may be a greater increase in interactions. #Dyor2024
