0G Labs launches test phase of blockchain project 0G to enhance on-chain AI applications

From Investing.com: 2024-04-09 11:59:22

0G Labs has launched the test phase of its new blockchain project, 0G, aimed at enhancing data throughput for on-chain AI applications. The ZeroGravity testnet is now open to node operators, paving the way for the mainnet launch in Q3 2024. 0G addresses current blockchain challenges when integrated with AI by offering scalable solutions without performance compromise.

The demand for on-chain AI is rising due to its potential to provide reliable platforms for neural networks. 0G’s decentralized blockchain infrastructure aims to democratize AI access and enhance data security through distributed nodes. Additionally, it ensures fair rewards distribution among data contributors. Concerns about data privacy, biases in AI models, and regulatory uncertainties still persist.

0G leverages distributed ledger and cryptographic technologies to distinguish between authentic data and deepfakes, enhancing transparency. Unlike current Ethereum-based scaling solutions offering 1.5 Mbps, 0G demonstrates data throughput capabilities exceeding 50 Gbps. The project aims to support large-scale on-chain AI deployments with improved performance and scalability.

The closure of a $35 million pre-seed funding round for 0G Labs, surpassing the initial $5 million target, attracted key investors from the Web3 space, including Hack VC and Polygon. The significant funding and launch of the 0G testnet signify a step forward in revolutionizing blockchain infrastructure for on-chain AI applications.

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