Autonomys Net and Auto ID: Innovating Decentralized Identity
Autonomys Net is a blockchain network that enables secure and autonomous collaboration between humans and artificial intelligences. It uses advanced technology to ensure privacy and data sovereignty, promoting a fair and free environment for all.
Autonomys Net facilitates interoperability with other blockchains such as Ethereum $ETH , Polkadot $DOT and Cosmos $ATOM , using the Ethereum Virtual Machine (#EVM ) and bridges, so that Ethereum applications and smart contracts run on the Autonomys Net network, extending its functionality and reach.
The AutonomysHub at @DAO Labs is an interesting platform where people can collaborate and mine socially #SocialMining . They will soon launch an Initial Job Offering (ILO) $ATC, which is a way to reward users for their contributions and helps strengthen the decentralized network, when it promotes collaboration on artificial intelligence projects. It's a great opportunity to learn and participate in something innovative!
Basic concepts
Subspace: Blockchain protocol that uses decentralized storage and proof of capacity to be more efficient and scalable.
Autonomys Net: Platform that combines AI and blockchain, offering Auto ID for secure identification, Auto SDK for app development and Auto Peer for efficient communication between nodes.
Auto ID
An autonomous identity (Auto ID) is like a universal digital identity that follows basic rules. Natural entities, such as individuals or institutions, can create their own Auto ID, but artificial entities, such as AI systems, need to be given one by a natural entity. Each Auto ID has a unique identifier, cryptographic keys and must be registered in a public database so that everyone can verify it.
Benefits
Auto ID is verifiable, portable, secure, interoperable and accountable. It allows authentication with digital signatures, is compatible with previous standards, and can be easily revoked and recovered. It acts as a universal digital passport, facilitating secure communication between entities.
Auto Coin
Auto Coin is the native token of the Autonomys Network, which promotes decentralization and autonomy. Users earn Auto Coins by betting disk space through the Auto Peer application. To make transactions, traders must wager a minimum amount of Auto Coins. Auto Coins $ATC holders can nominate traders to increase their chances of processing blocks and receiving rewards, traders are compensated through a nomination tax, which is distributed among nominators who supported traders with their Auto Coins. The system encourages collaboration and effective decentralization.
Consensus
Consensus in Autonomys Network is achieved through Dilithium, a protocol based on proof-of-stake storage of blockchain history (PoAS). Farmers store unique pieces of history on their hard drives, incentivizing decentralization and energy efficiency. Dilithium combines the security of proof-of-work with the efficiency of proof-of-participation, while being eco-friendly and affordable. The protocol includes archiving, tracing and auditing phases to ensure historical integrity. In addition, it is SSD-compatible, improving efficiency and solving scalability and centralization issues present in other storage test systems.
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Source: autonomys dot xyz
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