Scan to download
BTC $66,805.72 -3.06%
ETH $2,052.48 -4.10%
BNB $591.66 -4.23%
XRP $1.32 -3.22%
SOL $79.45 -5.59%
TRX $0.3157 +0.10%
DOGE $0.0901 -3.70%
ADA $0.2382 -5.19%
BCH $441.55 -4.67%
LINK $8.55 -5.79%
HYPE $35.09 -6.41%
AAVE $94.26 -6.13%
SUI $0.8643 -4.05%
XLM $0.1644 -4.52%
ZEC $239.15 -3.78%
BTC $66,805.72 -3.06%
ETH $2,052.48 -4.10%
BNB $591.66 -4.23%
XRP $1.32 -3.22%
SOL $79.45 -5.59%
TRX $0.3157 +0.10%
DOGE $0.0901 -3.70%
ADA $0.2382 -5.19%
BCH $441.55 -4.67%
LINK $8.55 -5.79%
HYPE $35.09 -6.41%
AAVE $94.26 -6.13%
SUI $0.8643 -4.05%
XLM $0.1644 -4.52%
ZEC $239.15 -3.78%

OKX Ventures announces strategic investment in the first modular AI chain's data availability protocol 0G

2024-03-26 21:50:02
Collection

ChainCatcher news, OKX Ventures announced the completion of a strategic investment in 0G. 0G (formerly Zero Gravity) is a programmable high-speed data availability protocol for on-chain artificial intelligence scenarios. This decentralized protocol features large-scale high concurrency and high security.

Whether in scenarios for large-scale applications in the Web3 industry or under the technical framework of the Ethereum mainnet upgrade Proto-Danksharding / EIP-4844, Data Availability (DA) plays a crucial role.

Based on different storage scenarios, such as on-chain storage, off-chain execution, and hardware node upgrades, data availability solutions are competing fiercely. The highlight of 0G is the reduction of transaction costs by 10000%, truly achieving high scalability.

Dora Yue from OKX Ventures stated: "0G achieves a performance throughput of 50GBs with extremely low latency by decoupling storage from consensus. Its innovation lies in helping to solve the capabilities of smart contracts with machine learning through zero-knowledge proof (ZK) + artificial intelligence (AI), optimizing Web3 sectors such as DeFi, security, authentication, Web3 social, and creator economy, leveraging its programmable, high-performance, and scalable characteristics. Against the backdrop of the Ethereum block size being reduced to 25mb, 0G has conducted in-depth cooperation with other public chains like Polygon. Its modular technology stack deployment has been recognized by traditional giants like Microsoft / Meta. The efficient application of on-chain data and the combination of deep neural network computing help the blockchain industry unleash more potential in various technical foundations such as Rollup as a Service (RaaS) and AI integration scenarios. We are very much looking forward to the mainnet launch in the second half of the year!"

app_icon
ChainCatcher Building the Web3 world with innovations.