Automata to Host Community Call on May 31st
Automata will host a community call on May 31st at 2 PM UTC. The purpose of the call is to provide updates on Automata’s multi-prover AVS. The company has also announced that participants can collect their W3ST token via Link3.
#ATA Info
Automata Network is a decentralized protocol offering a middleware privacy layer for dApps on multiple blockchains. It addresses critical privacy concerns such as Anonymous Voting and the reduction of Miner Extractable Value (MEV) by incorporating advanced cryptography, privacy-preserving algorithms, and trusted execution environments.
The network’s operational framework includes the “Witness”, an off-chain voting governance solution allowing users to vote anonymously without incurring gas fees. This system supports Ethereum, Binance Smart Chain, and Substrate-based EVM-compatible chains. Additionally, Automata is devising “Conveyor”, an MEV minimization tool that aims to prevent front-running by sequencing transactions in a predetermined order, thereby ensuring transactional integrity and preventing manipulations.
#Megadrop the native utility token of Automata, serves various functions: ATA holders can initiate and vote on platform proposals and parameters. Miners receive ATA for executing applications and transactions on the network. ATA bonding allows users to engage in Geode auctions.