Blockcast is a next-generation Content Delivery Network (CDN) that uses multicast technology to address bandwidth challenges in the era of booming streaming. Born at UC Berkeley, the project aims to build a decentralized network that leverages community power to deliver high-quality content like 4K and 8K globally while slashing costs for providers.

With the slogan "Content Delivery, Powered By You!", Blockcast is not just a technology but an ecosystem where anyone can participate and profit.

The Internet’s Challenges Today

The internet faces a critical issue: skyrocketing bandwidth demand. Statistics show 80% of internet traffic comes from video streaming, from Netflix to live sports. However, the traditional unicast model—where each viewer gets a separate data stream—wastes significant bandwidth.

For instance, when 1 million people watch a World Cup final, the system sends 1 million identical streams, clogging networks. In rural areas, weak infrastructure makes streaming 4K nearly impossible.

Blockcast steps in to solve this, using multicast technology to send one data stream to multiple users, saving bandwidth and reducing costs.

How Blockcast Works

Blockcast builds a content delivery network based on three key pillars:

1. Multicast Adaptive HTTP Proxy (MAHP)

MAHP is the heart of Blockcast, enabling deployment on devices from data centers to home smart TVs. This technology delivers content efficiently by sending a single stream to multiple users, replacing millions of individual streams.

2. Blockbox: Everyone Can Join

Blockbox is software or a caching device that lets you become a node in the Blockcast network. By participating, you can:

• Store content locally (e.g., videos, game updates).
• Share content with your neighborhood or community.
• Earn Blockcash—a Web3 token—as a reward.

For example, install a Blockbox at home, cache a World Cup match, and share it with your neighborhood for smooth 4K streaming while earning income.

3. Open Capacity Marketplace (OCM)

Launching in April 2025, OCM is an open marketplace where content providers (e.g., Netflix, gaming studios) can buy bandwidth from:

• Internet service providers (ISPs).
• Broadcasters using ATSC 3.0, 5G, or satellite.
• Individual nodes running Blockbox.

OCM uses the Open Caching standard, ensuring transparency and compatibility with existing CDN systems.

Benefits of Blockcast

Blockcast delivers value to all stakeholders:

• Content Providers: Slash delivery costs by 80-90%, enabling 4K/8K content without price hikes.
• ISPs and Broadcasters: Monetize unused bandwidth for new revenue without heavy investments.
• Individual Users: Enjoy better streaming, especially in rural areas, with faster speeds and stable quality. Node operators also earn tokens.
• Global Community: Bridges the digital divide, bringing high-quality content to every corner of the world.

Achievements and Future Plans

Blockcast has made significant strides:

• Funding: Secured $2.85 million from Lattice Fund and Protocol Labs in 2024.
• Proven Roots: Evolved from the Magma project, acquired by Facebook and used in Helium 5G.
• Industry Collaboration: Member of the Streaming Video Technology Alliance (SVTA), contributing to Open Caching standards.

Future Roadmap:

• January 2025: Phased rollout of RELAY nodes.
• April 2025: Launch of the Open Capacity Marketplace at NAB Las Vegas.
• Continued expansion of the node network and partnerships with global ISPs and broadcasters.

What Makes Blockcast Special?

• Cutting-Edge Technology: Multicast saves bandwidth, outperforming traditional unicast.
• Community-Driven Model: Open to individuals and businesses, fostering a decentralized network.
• Seamless Integration: Supports industry standards for compatibility with existing CDNs.
• Big Vision: Connects the world, delivering high-quality content everywhere.

Challenges Ahead

Despite its potential, Blockcast faces challenges:

• Fierce Competition: Giants like Akamai and Cloudflare dominate the CDN market.
• Network Scale: Needs enough nodes to ensure efficiency.
• Security: Managing individual nodes requires robust data protection mechanisms.
• Technology Adoption: Convincing ISPs and content providers to adopt multicast technology.

Conclusion

Blockcast is more than a CDN—it’s a revolution in how content is delivered online. By leveraging multicast technology and community power, it reduces costs and enhances user experiences worldwide. With a clear roadmap and backing from reputable investors, Blockcast is poised to be a game-changer in the streaming industry.

Join the Blockcast network, become a node, and help build the future of the internet!

Learn more at: Blockcast Network

In the fast-evolving world of blockchain, Nockchain emerges as a unique project aiming to revolutionize decentralized computing. Founded in 2023 in Berlin, Germany, Nockchain is a high-throughput blockchain leveraging a Zero-Knowledge Virtual Machine (ZKVM) and a novel ZK-Proof-of-Work (ZKPoW) consensus mechanism. With its native token, $NOCK, and a promise of a fair launch, Nockchain has sparked interest in the Web3 community. However, controversies at its mainnet launch have raised questions. This article explores Nockchain’s technology, strengths, challenges, opportunities, and how to get involved, offering a concise overview of its potential.

Core Technology

ZK-Proof-of-Work (ZKPoW)

Nockchain’s ZKPoW consensus sets it apart from traditional Proof-of-Work blockchains like Bitcoin. Instead of solving hash puzzles, miners generate zero-knowledge proofs (ZKPs) for specific computations, hash them, and earn $NOCK tokens based on their computational power. This “useful work” approach aligns with applications needing trustless, verifiable computation, such as decentralized finance (DeFi) or secure data processing. ZKPoW ensures network security while supporting privacy-focused use cases, making Nockchain a promising platform for complex Web3 applications.

Zero-Knowledge Virtual Machine (ZKVM)

The ZKVM, built on the minimalist Nock programming language, is optimized for ZKP creation and verification. Its combinator-based design enables efficient computation and storage proofs, ideal for scalable decentralized applications (dApps). Nockchain uses a 255-bit Cheetah curve, STARK-friendly, to speed up Schnorr signature verification within ZKPs while staying compatible with standard wallet tools. This balance of performance and accessibility makes the ZKVM a key strength for developers building privacy-centric dApps.

Tokenomics and Fair Launch

Nockchain’s $NOCK token has a fixed supply of 2³² (around 4.29 billion tokens), with 100% distributed to miners, avoiding pre-mines or investor allocations. This fair launch model aligns with decentralization principles. However, the mainnet launch on May 21, 2025, drew criticism when the core team, Zorp, used an optimized mining algorithm, giving them an early advantage. This sparked accusations of undermining the fair launch, damaging community trust and highlighting the need for greater transparency.

Strengths

Innovative Technology

Nockchain’s ZKPoW and ZKVM make it a pioneer in verifiable computation. By aiming to reduce ZKP costs to near zero, it opens doors for privacy-focused applications like secure voting or verifiable AI. This positions Nockchain as a leader in the growing zero-knowledge market.

Open-Source and Community-Driven

Licensed under MIT, Nockchain’s codebase is open on GitHub, encouraging community contributions. Active channels like the technical forum (forum.nockchain.org) and Telegram (t.me/nockchainproject) foster collaboration, helping developers and users shape the project’s future.

Scalability for Heavy Compute

Nockchain is a “lightweight blockchain for heavyweight compute,” designed for applications requiring significant computational power, such as decentralized AI or data storage. Its high-throughput design makes it suitable for enterprise-grade Web3 solutions.

Challenges

Launch Controversy

The mainnet launch controversy, where Zorp’s optimized mining algorithm dominated early blocks, has been a major setback. Community backlash, as seen on platforms like urbitguide.com, underscores the need for Nockchain to rebuild trust through transparency and fairer mining practices.

Technical Barriers

Mining $NOCK requires powerful hardware, limiting participation to technically savvy users with robust setups. The lack of a graphical interface or official mining pools further restricts accessibility, potentially slowing adoption among non-technical users.

Early-Stage Risks

As an experimental project, Nockchain’s unaudited components pose risks of bugs or security issues. The team’s disclaimer about no performance guarantees may deter cautious users or enterprises, requiring robust audits to build confidence.

Competitive Market

Nockchain faces 81 competitors, including StarkWare and Matter Labs, in the zero-knowledge space. Differentiating itself through unique features or superior performance will be critical to gaining market share.

Opportunities

Rising ZK Demand

The growing need for zero-knowledge solutions in DeFi, privacy, and AI offers Nockchain a chance to shine. Its focus on cost-efficient ZKPs could attract developers building next-generation dApps.

Community Rebuilding

By addressing the launch controversy with transparent actions, such as supporting mining pools or user-friendly tools, Nockchain can regain community trust and broaden its user base.

Developer Ecosystem

Nockchain’s open-source nature and active community channels provide a foundation for a strong developer ecosystem. Encouraging dApp development in areas like verifiable AI or decentralized storage could drive adoption.

How to Participate

Mining $NOCK

To mine $NOCK, users need a powerful computer and must follow these steps:

1. Install Dependencies: Set up Rust and required tools per Nockchain’s GitHub instructions.
2. Configure Node: Clone the .env file and generate a public/private key pair for mining.
3. Run Node: Use CLI commands to start mining, connecting to peers listed on Telegram or the forum.

Solo mining is resource-intensive, so users with limited hardware should monitor for community-driven mining pools.

Using the Nockchain Wallet

The Nockchain wallet, compatible with SLIP-10, offers a familiar experience for managing $NOCK tokens. Users can set up keys and track transactions via CLI or the Nockscan block explorer, with setup details on GitHub.

Conclusion

Nockchain is an ambitious blockchain with groundbreaking technology in ZKPoW and ZKVM, poised to lead in privacy and verifiable computation. However, the mainnet launch controversy has dented its reputation, emphasizing the need for transparency and accessibility. With a competitive market and technical challenges ahead, Nockchain must rebuild trust and differentiate itself to succeed. For those interested, prepare for a technical setup and stay engaged with the community for updates. As the zero-knowledge space grows, Nockchain remains a project to watch, with the potential to shape Web3’s future if it can overcome its hurdles.

As the blockchain industry continues to evolve, Monad emerges as a promising Layer 1 (L1) blockchain, delivering exceptional performance and scalability. Aiming for 10,000 transactions per second (TPS), a block time of just 0.5 seconds, and full compatibility with the Ethereum Virtual Machine (EVM), Monad is capturing the attention of developers and users alike. Let’s dive into the details of this groundbreaking project and discover how you can get involved today!

What is Monad?

Monad is a Layer 1 blockchain engineered from the ground up to address Ethereum’s performance limitations while maintaining decentralization and security. The project leverages cutting-edge technologies like parallel execution, MonadBFT (a proprietary consensus mechanism), and MonadDb (a custom state database) to achieve high throughput and low latency.

Key highlights of Monad:

• 100% EVM compatibility: Ethereum applications (e.g., Uniswap, MetaMask) can run on Monad without code changes.
• High performance: Processes 10,000 TPS with a target of 1 billion gas per second upon Mainnet launch.
• Low hardware requirements: Reduces barriers for node participation, enhancing decentralization.
• Rich ecosystem: Supports a wide range of dApps, from DeFi to NFTs and gaming.

Core Technologies of Monad

Monad isn’t just a faster blockchain—it’s a technological leap forward. Here are its key innovations:

1. MonadBFT: A consensus mechanism optimized for low latency, resistance to long chain forks (tail-fork), and efficiency with large validator sets.
2. Parallel Execution: Processes transactions concurrently instead of sequentially, boosting speed and throughput.
3. MonadDb: A custom state database that minimizes node operating costs and ensures data integrity.
4. Deferred & Asynchronous Execution: Separates and delays transaction processing to optimize performance.
5. Hardware Efficiency: Written in C++ and Rust, Monad maximizes client performance, ensuring smooth network operations.

These technologies make Monad not only faster but also more accessible, paving the way for efficient decentralized applications (dApps).

Testnet and Testnet-2: Preparing for Mainnet

Public Testnet

Launched on February 19, 2025, Monad’s public Testnet marks the dawn of a “new EVM era.” With a 0.5-second block time, 57 validators (set to scale to hundreds), and a 300 million gas per second limit, the Testnet allows users to explore features like:

• Token swaps on Uniswap or other exchanges.
• Minting and trading NFTs on NFTs2Me.
• Registering web3 domain names at app.nad.domains.

How to participate:

1. Add the Monad network to an EVM wallet (MetaMask, Phantom, OKX Wallet) via testnet.monad.xyz.
2. Claim testnet tokens at faucet.monad.xyz (0.05–2 MON every 12 hours).
3. Explore dApps and share your experience on X to earn Dusted points.

Testnet-2

Announced on May 8, 2025, Testnet-2 is a dedicated testing environment for 100–150 validators, running for 10 weeks starting late May 2025. Its goal is to enhance performance and security in preparation for Mainnet. Testnet-2 does not impact current Testnet users, ensuring a seamless experience.

Monad’s Ecosystem: Diverse and Promising

Monad is building a vibrant ecosystem with a variety of standout projects:

• Flap: Launch memecoins with a single click.
• Folks Finance: Offers lending, borrowing, staking, and cross-chain trading.
• Hashflow: A Request-for-Quote (RFQ) protocol with over $25 billion in trading volume.
• Fizen.io: A super crypto wallet backed by Tether.
• Uniswap: Token swaps on Testnet.
• Owlto Finance: A cross-chain protocol powered by AI.

Additionally, Monad provides a Monad Developer Portal with documentation, code samples, and APIs from Flipside, making it easy for developers to build dApps. Wallets like Phantom, MetaMask, and Rabby are fully integrated, offering a user-friendly experience.

Opportunities and Airdrop Potential

Monad is creating waves in the crypto community with exciting opportunities:

• Potential Airdrop: Posts on X (e.g., from @NickyPham_HC) suggest that Testnet participants engaging with @monad_xyz may receive a $MON airdrop. This is a chance you don’t want to miss!
• Monadverse Community: Join Discord, explore Monanimal characters, and earn rewards via Layer3.
• How to Get Involved:
  1. Visit testnet.monad.xyz to add the network.
  2. Claim testnet tokens at faucet.monad.xyz.
  3. Test dApps and share on X.
  4. Use a new wallet on a clean browser for safety.

Note: Testnet assets have no real value. Stay cautious of suspicious links and protect your wallet.

Evaluation: Strengths and Challenges

Strengths

• Superior Performance: 10,000 TPS, fast block times, and instant finality.
• EVM Compatibility: Attracts developers and users from Ethereum.
• Rich Ecosystem: Spans DeFi, NFTs, gaming, and more.
• Robust Security: MonadBFT and MonadDb mitigate attack risks.
• Decentralized: Low hardware requirements encourage node participation.

Challenges

• Fierce Competition: Faces rivals like Solana, Aptos, and Ethereum L2s.
• Mainnet Pending: Real-world performance awaits validation.
• Unclear Tokenomics: Details about $MON and distribution plans are limited.

Future Outlook

Backed by major investors, a seasoned team, and an active community, Monad has the potential to become a leading Layer 1 blockchain. The upcoming Mainnet will be a pivotal milestone, poised to set a new standard for EVM-compatible blockchains. Meanwhile, Testnet and Testnet-2 demonstrate the project’s meticulous preparation.

Whether you’re a developer, investor, or crypto enthusiast, Monad is a project worth watching. Join the Testnet today to experience its capabilities and seize potential airdrop opportunities!

Follow Monad

• X: @monad_xyz
• Website: monad.xyz
• Developer Docs: docs.monad.xyz
• Testnet: testnet.monad.xyz

Stay tuned for Monad’s next steps in shaping the future of blockchain!

Decentralized Finance (DeFi) has transformed the financial landscape, but with great innovation comes great risk. Since 2014, DeFi protocols have lost nearly $80 billion to exploits, highlighting the urgent need for robust security solutions. Enter Drosera Network, a decentralized security protocol built on Ethereum that aims to safeguard DeFi ecosystems through automated threat detection and response. In this article, we’ll dive deep into what Drosera Network is, why it matters, and provide a step-by-step guide to running a Drosera Operator Node on its testnet.

What is Drosera Network?

Drosera Network is a groundbreaking protocol designed to protect DeFi applications by automating the detection and mitigation of exploits. Built as an Actively Validated Service (AVS) on EigenLayer, Drosera leverages Ethereum’s consensus mechanisms and restaking to create a decentralized, developer-friendly security infrastructure. Its mission is to establish the world’s first Decentralized Automated Responder Collective (DARC), enabling smart contracts to analyze on-chain data and respond to threats in real time.

Key Features

• Traps: Smart contracts that collect and analyze on-chain data. Each Trap has two core functions:
  • collect: Gathers historical blockchain data into a structured format.
  • isValid (or shouldRespond): Evaluates the data and returns true if an anomaly is detected, triggering a response.
• Operators: Decentralized nodes that execute Trap logic on every Ethereum block and perform on-chain responses when triggered. Anyone can run an operator node without being an Ethereum validator.
• Response Contracts: Predefined contracts that execute emergency actions, such as pausing a protocol or liquidating assets, when a Trap is activated.
• EigenLayer Integration: Drosera uses EigenLayer’s restaking mechanism to enhance economic security, allowing staked ETH to secure both Ethereum and Drosera’s services.

Why Drosera Matters

DeFi’s growth has been hampered by costly and complex security systems. Traditional monitoring solutions are centralized, expensive, and prone to censorship. Drosera addresses these challenges by:

• Simplifying Security: Developers can create Traps to monitor specific metrics (e.g., treasury balances or collateral ratios) without building complex systems from scratch.
• Decentralization: By relying on a network of operators, Drosera eliminates single points of failure and ensures objective, censorship-resistant responses.
• Advanced Analytics: Traps enable time-series analysis of on-chain data, detecting sophisticated exploits like liquidity siphons or abnormal transaction patterns.
• Cost Efficiency: Protocols can outsource security to Drosera’s operator network, reducing development and maintenance costs.

Use Cases

Drosera’s flexibility makes it suitable for various DeFi applications:

• Treasury Management: Monitor for unauthorized withdrawals and trigger alerts or pauses.
• Lending Platforms: Detect under-collateralized loans and initiate partial liquidations.
• Decentralized Exchanges (DEXs): Identify market manipulation or bot activity and notify governance.
• Liquidity Analysis: Track pool health and flag anomalies in real time.

Drosera’s Ecosystem and Progress

Drosera has raised $1.55 million in its initial funding round and reportedly secured an additional $4.6-$4.75 million, according to recent posts on X. The project is actively developing, with its testnet live as of April 2025 (launched in Q2 2024). The community is engaged, with resources like the Drosera DApp (https://app.drosera.io/) for managing Traps and detailed guides on GitHub.

Strengths

• Deep integration with Ethereum and EigenLayer.
• Developer-friendly tools, including Foundry templates for creating Traps.
• Scalable use cases across DeFi verticals.
• Active community support from contributors like @0xMoei and @bigray0x on X.

Challenges

• Success depends on operator participation and Trap quality.
• Competition from established DeFi security solutions.
• Testnet is still in early stages, with mainnet and reward details pending.

How to Run a Drosera Operator Node

Running a Drosera Operator Node is a great way to get involved in the testnet and potentially earn future rewards. Below is a concise guide based on the official documentation (https://github.com/0xmoei/Drosera-Network).

System Requirements

• OS: Ubuntu (Linux preferred).
• Hardware: 2+ core CPU, 4GB+ RAM, 20GB SSD (NVMe recommended).
• Software: Docker, curl, git, ufw, build-essential.
• Wallet: An EVM-compatible wallet with Holesky ETH for testnet transactions.
• Private Key: For operator registration.

Step-by-Step Setup

1. Connect to Traps
   • Visit https://app.drosera.io/ and connect your EVM wallet.
   • Navigate to Traps Owned or search for a Trap by address.
   • Click Opt-in to link your operator to the Trap.
   • Optionally, send a Bloom Boost with Holesky ETH to enhance the Trap.
2. Manage the Node
   • Stop: docker compose down -v
   • Restart: docker compose up -d
   • Check Status: sudo systemctl status drosera
   • Ignore minor errors like Failed to gossip message: InsufficientPeers during testnet.

Monitor Performance
Use the operator-monitoring-stack for advanced monitoring:

git clone https://github.com/drosera-network/operator-monitoring-stack

Configure docker-compose.yml and run to visualize metrics in Grafana.

Run the Node
Pull the Docker image:

docker pull ghcr.io/drosera-network/drosera-operator:latest

Start the node:

cd Drosera-Network
docker compose up -d

Register Operator
Register your node with the Holesky testnet:

drosera-operator register --eth-rpc-url https://ethereum-holesky-rpc.publicnode.com --eth-private-key YOUR_PRIVATE_KEY

Replace YOUR_PRIVATE_KEY with your EVM wallet’s private key.

Clone Drosera Repository

git clone https://github.com/0xmoei/Drosera-Network
cd Drosera-Network

Edit the .env file if needed to add your private key or RPC URL.

Configure Firewall
Open necessary ports (31313, 31314, and SSH):

sudo ufw allow ssh
sudo ufw allow 22
sudo ufw allow 31313/tcp
sudo ufw allow 31314/tcp
sudo ufw enable

Download Drosera Operator
Fetch the latest release (e.g., v1.16.2):

curl -LO https://github.com/drosera-network/releases/releases/download/v1.16.2/drosera-operator-v1.16.2-x86_64-unknown-linux-gnu.tar.gz
tar -xvf drosera-operator-v1.16.2-x86_64-unknown-linux-gnu.tar.gz

Verify the installation:

./drosera-operator --version

Move the binary to a global path:

sudo cp drosera-operator /usr/bin
drosera-operator

Install Dependencies
Update your system and install required packages:

sudo apt update
sudo apt install curl ufw iptables build-essential git wget lz4 jq make gcc nano automake autoconf tmux htop nvme-cli libgbm1 pkg-config libssl-dev libleveldb-dev tar clang bsdmainutils ncdu unzip libleveldb-dev -y

Install Docker:

sudo apt install docker.io docker-compose -y
sudo systemctl start docker
sudo systemctl enable docker

Tips

• Stay Updated: Check the official GitHub or https://drosera-network.github.io/ for the latest instructions.
• Community Support: Follow @0xMoei and @bigray0x on X for troubleshooting tips.
• Rewards: While testnet rewards are not yet confirmed, early participation may offer future incentives.

Final Thoughts

Drosera Network is poised to redefine DeFi security with its innovative approach to automated threat detection and decentralized response. By integrating with Ethereum and EigenLayer, it offers a scalable, cost-effective solution for protocols and developers. Running a Drosera Operator Node is a straightforward way to contribute to this ecosystem while gaining hands-on experience with cutting-edge blockchain technology.

Ready to secure the future of DeFi? Set up your Drosera node today and join the decentralized security revolution! For more details, visit the official Drosera documentation or connect with the community on X

Gensyn is a decentralized Machine Learning Compute Protocol designed to connect global computing resources into a supercluster tailored for artificial intelligence (AI). Developed by a UK-based team, Gensyn aims to reduce the costs of training AI models, increase accessibility for researchers, engineers, and academics, and ensure transparency and censorship resistance through blockchain technology.

Goals and Vision

• Cost Reduction: Gensyn claims it can cut computing costs by up to 80% compared to traditional cloud services like AWS, making AI more accessible.
• Utilizing Idle Resources: The project allows any device, from personal laptops to high-end GPUs, to contribute computing power to the network.
• Supporting AI Research: By creating a decentralized network, Gensyn fosters innovation in deep learning and reinforcement learning.

Core Technology

Gensyn operates on a layer-1 blockchain built with Substrate, integrated with a proof-of-stake consensus mechanism, and recently described as a custom Ethereum Rollup for machine learning. A standout feature is the RL Swarm system, which enables nodes to collaboratively train reinforcement learning models using Hivemind’s “gossiping” mechanism. This allows models to improve performance based on the collective intelligence of the network.

Achievements and Support

Launched in 2021, Gensyn has raised over $50 million from prominent investors such as Andreessen Horowitz (a16z), CoinFund, Protocol Labs, and Eden Block. As of March 2025, the project has officially entered its Testnet phase, marking a significant milestone before the Mainnet launch.

Current Stage: Testnet

Gensyn is currently running a public Testnet, where users can participate by running nodes, training models, and earning an on-chain identity to track contributions. This phase offers the community a chance to experience the network and prepare for the Mainnet, where real economic transactions will take place.

Running a Gensyn Node: Basic Guide

Joining the Gensyn Testnet by running a node is a great way to contribute to the project and get familiar with the RL Swarm system. Here’s a summary of the process and requirements:

Requirements

• Hardware: Flexible, ranging from basic laptops (arm64/x86 CPU, minimum 16GB RAM) to powerful GPUs like NVIDIA H100. No specialized hardware is required, but low RAM may cause crashes if running other applications simultaneously.
• Software: A Linux environment (Ubuntu or VPS recommended). Windows users need to install WSL (Windows Subsystem for Linux).
• Network: A stable internet connection to sync with the Testnet.
• No Tokens Required: The Testnet is free to join, with no token ownership needed.

Basic Steps

1. Install the Node:
   • Download and run the installation script from a trusted source (e.g., ZunXBT’s GitHub repository):bashcd $HOME && rm -rf gensyn-testnet && git clone https://github.com/zunxbt/gensyn-testnet.git && chmod +x gensyn-testnet/gensyn.sh && ./gensyn-testnet/gensyn.sh
   • When prompted about uploading models to Hugging Face, select N to simplify the process.
2. Monitor the Node:
   • After installation, the node runs in a screen session. Check its status with:bashscreen -r
   • Exit the session without stopping the node by pressing Ctrl + A, then D.
3. Backup Important Files:
   • Back up the swarm.pem file (containing the node’s private key) to secure your contributions. Use the automated script:bashcurl -sSL -O https://raw.githubusercontent.com/zunxbt/gensyn-testnet/main/backup.sh && chmod +x backup.sh && ./backup.sh
   • Store the file securely, as losing it will prevent recovery of your node’s identity.
4. Track Progress:
   • Visit the Gensyn Testnet dashboard (links typically provided via the official @gensynai X account) to monitor your node’s contributions and performance.

Notes

• Regularly check logs to ensure the node runs smoothly.
• If encountering issues on Windows/WSL, rerun the script or refer to official documentation at github.com/gensyn-ai/rl-swarm.
• Back up swarm.pem immediately after setup, as it’s critical for claiming contributions during the Mainnet transition.

Why Join Gensyn Now?

Gensyn is not only a promising project at the intersection of AI and blockchain but also an opportunity to get involved early in a network that could shape the future of machine learning compute. Running a node in the Testnet:

• Free and Easy: Requires no significant investment, just a basic device and a few setup steps.
• Community Contribution: Helps test and improve the RL Swarm system.
• Mainnet Preparation: Builds your on-chain identity, positioning you for economic opportunities when the project officially launches.

Backed by top-tier investors and driven by a clear vision, Gensyn is poised to become a key player in the decentralized AI industry.

Conclusion

Gensyn is a pioneering project that blends AI and blockchain to create a powerful, cost-effective, and accessible computing network. Joining the Testnet by running a node is an excellent way to experience this technology from its early stages. If you’re excited about contributing to the future of AI, start setting up your node today!

For more details, follow the official @gensynai X account or visit github.com/gensyn-ai/rl-swarm for the latest updates.

In the digital era, where the speed of content delivery is a critical factor, content delivery networks (CDNs) have become indispensable in ensuring a seamless user experience. However, giants like Cloudflare and Akamai, while powerful, remain constrained by their traditional centralized models. Enter Pipe Network—a decentralized CDN built on the Solana blockchain—emerging as a fresh contender promising to revolutionize how we approach content distribution. Notably, its current Node DevNet 2 program offers a golden opportunity for early adopters to engage, test the technology, and earn potential rewards. Let’s dive deep into Pipe Network and explore what you need to know to seize this opportunity.

What Is Pipe Network?

Pipe Network is a decentralized content delivery network (CDN) built on Solana, one of the fastest and most efficient blockchains today. Unlike traditional CDNs that rely on centralized servers operated by a single entity, Pipe Network leverages community power to create a “permissionless” ecosystem. Anyone can join by running nodes to contribute to the network, earning rewards based on their performance and participation.

The core mission of Pipe Network is to optimize content delivery speed by positioning Points of Presence (PoP) nodes close to end users, establishing a “hyper-localized” network. This approach not only reduces latency but also enhances content delivery capabilities, particularly for high-performance applications like video streaming, online gaming, and real-time data transfers. Powered by Solana—known for its ability to process thousands of transactions per second (TPS) at minimal cost—Pipe Network holds significant competitive potential.

Beyond technological improvement, the project aims to build a sustainable ecosystem. Participants who operate nodes earn points, which are expected to convert into tokens following a Token Generation Event (TGE) in the future. This is a clever strategy to incentivize early community involvement while fostering network growth.

The Technology Behind Pipe Network

Pipe Network operates on a system of community-run PoP nodes. These nodes serve as storage and distribution points for content, replacing the centralized servers of traditional CDNs. Instead of relying on a single provider, Pipe Network distributes traffic across thousands of global nodes, leveraging decentralization to optimize performance.

• Solana Blockchain: Pipe Network uses Solana to record and manage node activities, from content delivery to reward calculations. With its superior transaction speed and near-zero fees, Solana is an ideal backbone for a project requiring real-time, large-scale data processing.
• Hyper-Localized CDN: By placing PoP nodes near end users, Pipe Network minimizes physical distance between content and consumers, delivering significantly faster load times.
• Permissionless Design: Unlike traditional CDNs that require contracts or approvals, anyone with suitable hardware can join Pipe Network without permission.

The Node DevNet 2 Program: A Chance to Get Involved Early

Pipe Network is currently running its DevNet 2 phase—an alpha testnet designed to test the technology in real-world conditions before transitioning to Testnet and eventually Mainnet. This phase presents an excellent opportunity for tech enthusiasts and crypto investors to join early, experience the system, and accumulate points that could convert into tokens later. Let’s break down the details of this program.

What Is DevNet 2?

DevNet 2 is Pipe Network’s second testing phase, launched on February 18, 2025, and set to run for at least 40 days if the network remains stable. As of March 18, 2025, the program has been active for about 28 days. If no major issues arise, the network could transition to Testnet by late March or early April 2025. This phase is a crucial stepping stone to evaluate the performance of Cache Nodes—high-performance storage services responsible for distributing content across the network.

The goals of DevNet 2 include:

• Ensuring system stability in real-world scenarios.
• Collecting data to optimize the network before scaling up.
• Encouraging community participation in running nodes and providing feedback.

Requirements to Join DevNet 2

To run a Cache Node in DevNet 2, you’ll need to meet some basic technical requirements:

• Minimum Hardware:
  • Free disk space: At least 100GB, with 200-500GB recommended for optimal performance.
  • RAM: Minimum 4GB, though 8GB or 12GB is advised for better processing.
• Setup Instructions:
  1. Download the PoP binary from the official link: curl -L -o pop "https://dl.pipecdn.app/v0.2.8/pop".
  2. Grant execution permissions: chmod +x pop.
  3. Create a cache storage directory: mkdir download_cache.
  4. Register using a referral code: ./pop --signup-by-referral-route <referral code> (you can obtain a code from other users or the Pipe Network community).
  5. Run the node: sudo ./pop --ram 8 --max-disk 500 --cache-dir /path/to/cache.
• Technical Notes:
  • Ports 80 and 443 require root privileges to operate, or you’ll need to configure systemd to run without admin rights.
  • Upon registration, a node_info.json file is generated. This file is critical as it ties your node to its IP address—back it up carefully, as it cannot be recovered if lost.

Reward Mechanism in DevNet 2

Joining DevNet 2 isn’t just about testing technology—it’s also a chance to earn points that could lead to future rewards:

• Points and Reputation: Points are awarded based on node uptime, data served, and latency. High-scoring nodes will receive priority traffic distribution in Testnet, boosting their reward potential later.
• Referral Program: Generate a referral code with ./pop --gen-referral-route and share it. Each successful signup through your code earns you bonus points, provided your node maintains good reputation.
• Progress Tracking: Use the dashboard at https://dashboard.pipenetwork.com/node-lookup to monitor your node’s status and points.

Current Progress

As of March 18, 2025, DevNet 2 has been running for nearly a month and appears to be progressing well. If stability holds for another 12 days (until around March 30, 2025), Pipe Network could officially move to Testnet, expanding its scope and bringing it closer to Mainnet. Now is an ideal time to join if you want to be part of the early community.

Strengths and Challenges of Pipe Network

Strengths

• Technological Potential: Combining CDN with Solana’s blockchain offers advantages in speed, cost, and decentralization—a major leap from traditional models.
• Open Community: The “permissionless” philosophy allows anyone to join, fostering a diverse and resilient ecosystem.
• Real-World Applications: Pipe Network targets high-demand sectors like video streaming, gaming, and large-scale data transfers—industries booming in the digital age.

Challenges

• Fierce Competition: Pipe Network must compete with established players like Cloudflare and Akamai, which dominate the market.
• Transparency: Details about the team, roadmap, and tokenomics remain limited, raising doubts about long-term viability.
• Testing Risks: As an alpha phase, DevNet 2 may encounter technical glitches or performance issues that haven’t been anticipated.

Why Should You Care About Pipe Network?

Pipe Network is more than just a tech project—it’s an opportunity to invest in and join an emerging trend: the fusion of blockchain and internet infrastructure. If you’re a crypto enthusiast, running a node in DevNet 2 offers dual benefits:

• Earning Rewards: Points from DevNet 2 will directly influence your token rewards in the future.
• Tech Experience: You’ll gain hands-on exposure to a cutting-edge decentralized CDN, deepening your understanding of blockchain and network infrastructure.

That said, as with any blockchain project, risks are involved. The actual value of tokens post-TGE remains uncertain, and Pipe Network’s success hinges on its ability to scale and gain market traction.

Take Action Today

If you’re ready to join Pipe Network and the Node DevNet 2 program, here’s how to get started:

1. Prepare hardware meeting the minimum requirements (100GB storage, 4GB RAM).
2. Follow the setup guide from the official documentation at https://docs.pipe.network/nodes/devnet-2.
3. Stay updated via the @pipenetwork X account and the official dashboard.
4. Join the community to secure a referral code and maximize your points.

Pipe Network stands on the cusp of a revolution in the CDN space. With DevNet 2, you’re not just a bystander—you can become part of that change. Start today and discover the potential this project holds!

The intersection of artificial intelligence (AI) and blockchain technology has long been a breeding ground for innovation, and Mira Network is emerging as a standout player in this space. With a mission to make AI more reliable, transparent, and accessible, Mira Network is leveraging decentralized infrastructure to solve one of the biggest challenges in the AI world: trust. In this deep dive, we’ll explore what Mira Network is, how it works, its ecosystem, potential, risks, and how you can get involved. Buckle up—this is going to be an exciting ride into the future of AI-powered blockchain solutions.

What Is Mira Network?

Mira Network is a decentralized infrastructure platform designed to enhance the trustworthiness and accuracy of AI outputs. At its core, it tackles a persistent issue in the AI landscape: the lack of consistency and verifiability in results generated by large language models (LLMs) and other AI systems. While modern AI models like GPT or LLaMA are incredibly powerful, their accuracy hovers around 70% on average, leaving room for errors that can be costly in critical applications like finance, healthcare, or legal analysis.

Mira’s solution? A blockchain-based system that verifies every step of an AI’s decision-making process in a trustless, transparent manner. By combining Decentralized Physical Infrastructure Networks (DePIN) with cutting-edge AI verification, Mira Network aims to push AI accuracy to 90% or higher, making it a game-changer for industries that demand precision.

Backed by a $9 million investment from heavyweights like Framework Ventures, Mira Network isn’t just another crypto project—it’s a bold step toward bridging the gap between AI’s potential and its real-world reliability. But how does it actually work? Let’s break it down.

The Tech Behind Mira Network

At the heart of Mira Network is its decentralized architecture, which leverages globally distributed GPUs (graphics processing units) to power its operations. Unlike traditional AI systems that rely on centralized data centers—expensive and prone to bottlenecks—Mira taps into a network of computing resources provided by partners and contributors worldwide. This DePIN approach reduces costs, increases scalability, and democratizes access to high-performance computing.

Here’s how it functions in simple terms:

1. AI Output Verification: When an AI model processes data or generates a response, Mira records each computational step on its blockchain. This creates an immutable audit trail, allowing anyone to verify the output’s accuracy without needing to trust a central authority.
2. Distributed Computing: Through partnerships with projects like io.net, Hyperbolic, Aethir, Spheron, and Exabits, Mira harnesses idle GPU power from a global network. This not only speeds up processing but also ensures redundancy and resilience.
3. Transparency and Trust: By making the AI’s “thought process” publicly verifiable, Mira eliminates the black-box problem that plagues many AI systems today.

Think of it like a referee in a sports game—except this referee is a decentralized network ensuring every play is fair and accurate. The result? AI outputs you can trust, whether you’re using them to analyze financial data, diagnose a patient, or draft a legal contract.

Klok App: Mira’s First Big Move

No discussion of Mira Network would be complete without mentioning Klok App, its flagship product that’s already making waves. Launched just two weeks ago (as of early March 2025), Klok is a multi-LLM chat application that lets users interact with top-tier AI models like LLaMA, GPT, and DeepSeek—all while earning rewards.

Here’s what makes Klok stand out:

• User Growth: In just 14 days, Klok has attracted over 500,000 users, a testament to its appeal and the power of community-driven adoption.
• Gamified Incentives: Users earn 10 Mira Points daily for chatting with the AI and 100 points for each successful referral. This gamification strategy is a classic move in the crypto world to build hype and loyalty ahead of a potential token launch.
• Real Utility: Beyond the rewards, Klok showcases Mira’s verification tech in action. Every response from the AI is backed by the network’s trustless system, giving users confidence in the answers they receive.

Klok isn’t just a gimmick—it’s a proof of concept for Mira’s broader vision. By integrating AI with a points-based system, the project is laying the groundwork for a full-fledged ecosystem that could rival established players in the AI-blockchain space.

Ecosystem and Strategic Partnerships

Mira Network isn’t operating in isolation. It’s actively building a robust ecosystem through strategic collaborations and integrations. Here are some highlights based on recent updates from their official X account (@Mira_Network):

1. Plume Network (March 05, 2025): Mira partnered with Plume, a public blockchain focused on Real World Asset Finance (RWAfi). This collaboration hints at future applications of Mira’s AI verification in tokenized financial assets—a booming sector in DeFi.
2. 0xzerebro (February 28, 2025): Mira teamed up with ZerePy, a Python framework for building AI agents. By integrating with ZerePy, Mira enhances the reliability of autonomous AI agents, which could be a game-changer for automation in Web3.
3. Compute Partners: Tie-ups with io.net, Hyperbolic, and others ensure Mira has the computational firepower to scale its verification network globally.

These partnerships signal Mira’s ambition to go beyond a single-use case. By aligning with leaders in DeFi, AI development, and decentralized computing, Mira is positioning itself as a foundational layer for the next generation of Web3 applications.

The Team and Backers

While detailed information about Mira’s team remains under wraps (a common practice for early-stage crypto projects), the caliber of its investors speaks volumes. The $9 million funding round led by Framework Ventures—a firm known for backing successes like Chainlink and Aave—suggests that Mira has a team with serious credentials in AI and blockchain. Framework’s involvement is a strong vote of confidence, as they rarely bet on projects without significant potential.

Speculation aside, the team’s ability to secure high-profile partnerships and deliver a hit like Klok App in record time indicates a group of seasoned professionals driving the project forward. As Mira matures, expect more transparency about its leadership—until then, the results speak for themselves.

Potential and Opportunities

So, why should you care about Mira Network? Let’s look at its upside:

1. Massive Market: The global AI market is projected to hit trillions of dollars by 2030, and trust is a key barrier to adoption. Mira’s focus on verifiable AI taps into this multi-billion-dollar opportunity.
2. Community Momentum: With Klok’s explosive growth and a points system priming users for a possible airdrop, Mira is building a loyal base that could drive long-term success.
3. Real-World Impact: From finance to healthcare, Mira’s tech has practical applications that could disrupt industries reliant on AI.

For crypto enthusiasts, Mira also offers a chance to get in early. The points system via Klok App strongly suggests an upcoming token launch or airdrop—common tactics in the Web3 playbook to reward early adopters. If executed well, this could mirror the success of projects like Arbitrum or Optimism, which turned community engagement into massive value.

Risks to Watch

Of course, no project is without risks. Here’s what to keep an eye on:

1. Competition: Mira isn’t alone in the AI-blockchain arena. Fetch.AI, SingularityNET, and Ocean Protocol are established competitors with similar goals. Standing out will require flawless execution.
2. Tokenomics Uncertainty: Details about Mira’s token (if it exists) remain scarce. Without a clear economic model, investors and users might hesitate to commit long-term.
3. Hype Dependency: Klok’s rapid rise is impressive, but sustaining interest post-airdrop (if it happens) will be critical. Many projects falter when the initial excitement fades.

Despite these challenges, Mira’s early traction and backing give it a solid foundation to navigate the road ahead.

How to Get Involved

Ready to jump into the Mira Network ecosystem? Here’s a quick guide based on current info:

1. Download Klok App: Head to klokapp.ai and sign up. Use a referral code https://klokapp.ai?referral_code=VMJ5Y6BN for bonus points.
2. Connect Your Wallet: Link a MetaMask wallet or sign in via Google to start earning Mira Points.
3. Engage Daily: Chat with the AI to earn 10 points per day, and invite friends for 100 points per referral.
4. Stay Updated: Follow @Mira_Network on X and join their Discord for the latest announcements.

By participating now, you could position yourself for rewards if Mira launches a token or airdrop—though nothing’s guaranteed until official confirmation.

Final Thoughts

Mira Network is more than just another blockchain project—it’s a bold attempt to solve a real problem at the crossroads of AI and decentralization. With its innovative approach to AI verification, a fast-growing ecosystem anchored by Klok App, and backing from top-tier investors like Framework Ventures, Mira has all the ingredients for a breakout success. That said, it’s still early days, and risks like competition and unclear tokenomics warrant caution.

For now, Mira Network is one to watch—and potentially one to join. Whether you’re an AI enthusiast, a crypto hunter, or just curious about the future, this project offers a glimpse into how decentralized tech could redefine trust in the digital age. What do you think—will Mira deliver on its promise? Let us know in the comments, and stay tuned for more updates!

Detailed Analysis of Stork Network: The Fastest Decentralized Oracle in the Industry

Today, in the blockchain and decentralized finance (DeFi) ecosystem, the role of oracle protocols (bridges for data from off-chain to on-chain) is becoming increasingly critical. Stork Network, an emerging decentralized oracle project, is gaining attention for its commitment to delivering real-time data with ultra-low latency. In this article, we will provide an in-depth analysis of Stork Network—from its technology, features, growth potential, to the challenges it may face.

1. What Is Stork Network?

Stork Network is a decentralized oracle protocol designed to provide reliable, fast, and cryptographically verifiable data for both on-chain and off-chain applications. Unlike many traditional oracles like Chainlink or Pyth Network, Stork focuses on minimizing data latency to the lowest possible level, typically under 500ms or when prices change by 0.1%, whichever occurs first. This is a key advantage, especially for DeFi applications requiring instant responses, such as trading on decentralized exchanges (DEXs), lending, or derivatives.

Stork’s core goal is to build a "Open Data Market" that is decentralized, where developers, protocols, and data providers can participate, share, and consume data flexibly. The project currently supports over 350 assets across more than 50 blockchains, including EVM (Ethereum Virtual Machine), Solana, Sui, Aptos, and many others, with the ability to easily expand to new chains.

2. Technology and Architecture of Stork Network

Stork Network operates on a three-layer architecture, ensuring performance, decentralization, and transparency:

a. Publishers (Data Providers)

• These are data providers, which can be individuals, organizations, or financial platforms, using the Stork Publisher Agent (open-source, deployable via Docker) to send cryptographically signed data via ultra-fast websockets.
• Anyone can become a Publisher, enhancing decentralization and expanding the data sources.

b. Aggregators (Data Aggregators)

• Aggregators receive data from Publishers, aggregate information using functions like median, average, or weighted average, then re-sign and send it to Subscribers.
• Currently, Aggregators are operated by Stork Labs, but the project plans to fully decentralize them in the future, using redundant sets to ensure reliability.

c. Subscribers (Data Consumers)

• Subscribers are applications or smart contracts that use data from Aggregators. They can access data via websockets, REST API (off-chain), or bring data on-chain via Stork contracts.
• Stork’s on-chain contracts are responsible for storing, verifying, and providing the latest data, ensuring a "trustless" (no need for intermediaries) system.

Stork leverages websocket technology to achieve sub-second latency, sometimes as low as a few milliseconds, far surpassing many other oracles like Chainlink (which typically updates data every few seconds). This makes Stork ideal for applications requiring instant responses, such as trading digital assets or risk management in DeFi.

3. Key Products of Stork

Stork Network offers a range of products and services to meet diverse user needs:

a. Stork for Real Time

• Real-time price feeds with ultra-low latency, suitable for DeFi applications like DEXs, lending, and derivatives.
• Data is continuously updated to ensure accuracy and speed.

b. Stork for Options

• A specialized oracle service for derivatives (options, futures), providing data via REST API to support complex financial protocols.

c. Composite Oracle Service (COS)

• A customizable service allowing users to create data aggregators tailored to specific needs, increasing flexibility and expanding use cases.

4. Strengths of Stork Network

a. High Performance

• Data latency under 500ms is a significant advantage over other oracles, making Stork highly competitive in DeFi, where speed is critical.
• Using ultra-fast websockets, Stork achieves performance comparable to traditional financial trading systems (TradFi).

b. Decentralization and Transparency

• A decentralized network of Publishers allows anyone to participate, reducing reliance on centralized data providers.
• Data is cryptographically signed and verifiable, ensuring a "trustless" and secure system.

c. Flexibility and Scalability

• Support for multiple chains (over 50 blockchains) and multiple assets (over 350 assets), along with customization via COS, enables Stork to adapt to various use cases.
• The project plans to expand beyond DeFi into areas like DePIN (Decentralized Physical Infrastructure Networks) and IoT, unlocking long-term potential.

d. Community and Investment Support

• Stork has successfully raised $4 million from major investment funds like Faction, Wintermute, CMS, and other organizations, demonstrating trust from the Web3 community.
• Active community engagement on X and Discord (such as opening channels like #peep-contributions, #peep-memes, #real-eggs) is attracting new users and boosting interaction.

5. Challenges and Risks

Despite its strengths, Stork Network faces several challenges:

a. Fierce Competition

• Stork must compete with established oracles like Chainlink, Pyth Network, and Band Protocol, which already have strong communities, ecosystems, and credibility.
• For example, Chainlink has a vast data network and partnerships with major projects, while Pyth focuses on high-quality financial data.

b. Incomplete Decentralization

• Currently, Aggregators are operated by Stork Labs and are not fully decentralized. This raises concerns about transparency and the risk of centralized control.
• The project needs to accelerate its decentralization plans to build long-term trust.

c. Costs and On-Chain Performance

• Bringing data on-chain requires gas fees, which could become a barrier if update frequency is high or if blockchain networks are congested.
• Stork needs to optimize to reduce costs and maintain consistent performance.

d. Security Risks

• Although data is cryptographically signed, the system remains vulnerable to attacks if malicious Publishers exist or if there are flaws in the data aggregation mechanism.
• Stork must invest heavily in security audits and develop fraud detection mechanisms.

6. Growth Potential

Stork Network has significant potential to become a leading oracle protocol due to the following factors:

a. Growing DeFi Market

• DeFi continues to be one of the fastest-growing sectors in Web3, with increasing demand for real-time data for applications like DEXs, lending, and derivatives.
• Stork’s low latency is a major competitive edge, especially for protocols requiring instant responses to prevent asset losses or liquidation risks.

b. Expansion into DePIN and Other Fields

• Stork is positioned as a DePIN project, with the capability to provide data for decentralized physical infrastructures, such as IoT, sensors, or weather data.
• If successful, Stork could expand into multiple industries beyond finance, creating a comprehensive data ecosystem.

c. Community Strategy

• Activities like opening community channels (#peep-contributions, #peep-memes, #real-eggs) and the "stacking EGGs" system (accumulating "eggs," possibly a token or reward) show Stork is building a vibrant, enthusiastic community.
• Encouraging user participation in creative activities (memes, egg photos) and contributions is an effective strategy to boost engagement and attract new users.

d. Reward System

• While the full tokenomics of Stork have not been fully disclosed, "EGGs" (eggs) could be a token or reward within the ecosystem, tied to accumulation and roles like "@Winged."
• If implemented well, this system could provide strong incentives for users and developers.

7. Evaluation and Recommendations

Stork Network is a promising project in the oracle space, thanks to its advanced technology, superior speed, and creative community strategy. However, to achieve long-term success, the project needs to:

• Fully Decentralize: Enhance the decentralization of Aggregators to build trust and reduce centralization risks.
• Compete with Major Rivals: Invest in marketing, partner with major DeFi protocols, and demonstrate superior value compared to Chainlink, Pyth, and others.
• Optimize Costs: Minimize gas fees and improve on-chain performance to remain competitive.
• Build an Ecosystem: Expand into DePIN, IoT, and other fields to diversify applications.

If you’re considering investing in or partnering with Stork, now is a good time to monitor the project, join the community, and test products like Stork for Real Time or COS. With a strong team, $4 million in funding, and a clear development strategy, Stork has the potential to become a standout name in the oracle and Web3 space.

8. Conclusion

Stork Network is not just another oracle protocol—it represents a new advancement in delivering real-time, decentralized, and flexible data. With its low latency, open architecture, and creative community strategy, Stork is laying the foundation to compete strongly in DeFi and expand into other fields. However, the project must overcome challenges related to competition, decentralization, and costs to truly establish its position.

Follow Stork on X (@StorkOracle), Discord, and its official website (https://docs.stork.network/) for the latest updates. This could be a project worth watching in 2025 and beyond.

1. Overview of Spheron Network

Spheron Network is an advanced decentralized computing platform designed to provide robust, flexible, and efficient infrastructure for distributed applications, particularly in the fields of Web3, AI, and edge computing applications. With the mission to democratize compute power, Spheron enables users, businesses, and developers to leverage computing resources from a global network of distributed nodes, rather than relying on centralized data centers.

Spheron Network operates on a peer-to-peer (P2P) model, where nodes (computers) join the network to provide resources such as CPU, RAM, GPU, storage, and bandwidth. These resources are managed through blockchain protocols, ensuring transparency, security, and decentralization. One of the core components of Spheron is the Fizz Node, a specialized node optimized for edge computing applications, offering high performance and scalability.

2. What Is a Fizz Node?

A Fizz Node is a software managed via the Spheron CLI (sphnctl), running on Docker, designed to participate in the Spheron Network by providing computing and storage resources for decentralized applications. Fizz Node is not just a typical node; it integrates intelligent features such as dynamic resource management, performance optimization, and support for Web3 protocols (like IPFS, Filecoin, or Ethereum). It is an ideal solution for developers looking to build or deploy edge computing applications, such as AI, machine learning, or decentralized applications (dApps).

Fizz Node can run on a variety of hardware, from cloud servers and personal computers to edge devices like Raspberry Pi. This makes Spheron Network a flexible, accessible, and user-friendly platform. Fizz Node supports both CPU and GPU, but the GPU-free version (spheron/fizz-node:latest-cpu) is the most common choice for users without specialized hardware.

2.1. Key Features of Fizz Node

• Decentralized Computing: Fizz Node leverages computing resources from a decentralized network, reducing reliance on large data centers, saving costs, and enhancing sustainability.
• Web3 Support: Integrated with protocols like IPFS, Filecoin, and Ethereum, Fizz Node supports decentralized data storage and processing, making it suitable for blockchain and dApps.
• Dynamic Resource Management: Fizz Node automatically manages CPU, RAM, storage, and bandwidth, ensuring optimal performance for applications running on it.
• Easy Deployment via Spheron CLI: Using sphnctl and the Spheron dashboard, you can deploy Fizz Node with just a few commands, without complex Docker CLI configuration.
• Security and Transparency: Utilizing blockchain to manage nodes and resources, ensuring all transactions and activities are transparent and tamper-proof.

2.2. Benefits of Fizz Node

• Cost Savings: Instead of renting expensive data centers, users can utilize resources from the Spheron Network, reducing operational costs.
• Scalability: Easily add new nodes to the network, scaling applications without significant hardware investment.
• AI and Machine Learning Support: With its powerful computing capabilities, Fizz Node is ideal for AI and ML models requiring substantial resources without centralized data centers.
• Developer-Friendly: The Spheron dashboard and sphnctl provide a simple interface, detailed documentation (like docs.spheron.network/fizz/docker-resource-setup), and robust community support (Discord, Twitter) to help developers deploy easily.

3. Deploying Fizz Node via the Spheron Dashboard

Spheron provides an online dashboard (typically at dashboard.spheron.network) to help users deploy Fizz Node quickly and easily, requiring just a few simple steps. Below is a detailed guide based on the interface you provided, including the 0.02 ETH registration fee.

3.1. System Requirements

Before starting, ensure your system (Ubuntu/Debian on bknode1) meets the following:

• Operating System: Linux (Ubuntu 20.04/22.04, Debian, or equivalent).
• Docker: The latest version (minimum 20.10, recommended 27.3.1).
• Minimum Resources:
  • CPU: 2 cores (minimum, you have 32 cores – sufficient).
  • RAM: 4 GB (minimum, you have 64 GB – sufficient).
  • Storage: 20 GB (minimum, you have 1000 GB – sufficient).
  • Bandwidth: 50 Mbps (minimum, you have 1 Gbps – sufficient).
• Internet: A stable connection to pull images and communicate with the Spheron Network.
• Ethereum Wallet: At least 0.02 ETH to register a Fizz Node.

3.2. Access the Spheron Dashboard

• Visit dashboard.spheron.network and log in using an Ethereum wallet (such as MetaMask, Trust Wallet, etc.).
• Go to the "Setup" or "My Fizz" section to view your system resources (CPU: 32, RAM: 64 GB, Storage: 1000 GB) and begin the setup process.

3.3. Setting Up Fizz Node

Follow the steps in the dashboard:

Step 1: Install Spheron CLI

Verify the installation:

sphnctl --version
sphnctl --help

Run the following command in your terminal to install sphnctl:

curl -sL https://sphnctl.sh | bash

Step 2: Register and Start Your Fizz Node

• Pay 0.02 ETH:
  • On the dashboard, you’ll see a request to pay 0.02 ETH to register your Fizz Node. Connect your Ethereum wallet (MetaMask, Trust Wallet, etc.) and send 0.02 ETH to the provided address.
  • If you don’t have ETH, purchase it on an exchange (Binance, Coinbase, etc.) or convert from a fiat wallet, then transfer it to MetaMask.
  • After successful payment, you’ll receive a unique token to run the sphnctl fizz start --token <your-token> command.
  • This command automatically pulls the spheron/fizz-node:latest-cpu image, configures resources (CPU: 2, RAM: 4 GB, Storage: 20 GB), and starts the Fizz Node container on Docker, using the runc runtime and bridge network.

Run the command:

sphnctl fizz start --token 0x08b7aAe003fb8530...

On the dashboard, click "Generate & Start Your Fizz Node" to retrieve your unique command, for example:

sphnctl fizz start --token 0x08b7aAe003fb8530...

Step 3: Verify Installation and Check Logs

• Ensure there are no errors (like container is not running). If there are, investigate further (see section 3.4).

Use the -f option for real-time log monitoring:

sphnctl fizz logs -f

Run the following command to check logs and verify your Fizz Node:

sphnctl fizz logs

3.4. Update Resources (Optional)

• On the dashboard, you see your current resources (CPU: 32, RAM: 64 GB, Storage: 1000 GB). If needed, click "Update Node" to adjust resources to meet Fizz Node requirements (typically CPU: 2, RAM: 4 GB, Storage: 20 GB).

Update via sphnctl:

sphnctl fizz update --cpus 2 --memory 4g --storage 20g

4. Benefits of Using Spheron Network and Fizz Node

• High Performance: Fizz Node leverages edge computing resources, reducing latency and speeding up processing for distributed applications.
• Scalability: Easily add new nodes to the network, scaling applications without significant hardware investment.
• Security and Transparency: Using blockchain to manage nodes ensures data and resources are secure and transparent.
• Strong Community Support: Spheron provides detailed documentation, a user-friendly dashboard, and support through Discord and Twitter, helping users resolve issues easily.
• Low Cost: With a one-time 0.02 ETH registration fee, you can join the network without major hardware or data center investments.

5. About the 0.02 ETH Fee

• Purpose: 0.02 ETH is a one-time fee to register a Fizz Node, ensuring transparency and security within the Spheron Network. This fee helps maintain the ecosystem and rewards other nodes in the network.
• Payment Method:
  1. Access the Spheron dashboard and click on the Fizz Node registration section.
  2. Connect your Ethereum wallet (MetaMask, Trust Wallet, etc.).
  3. Send 0.02 ETH to the provided address.
  4. After successful payment, you’ll receive a token to run sphnctl fizz start --token <your-token>.
• ETH Source: If you don’t have ETH, purchase it on an exchange (Binance, Coinbase, etc.) or convert from a fiat wallet, then transfer it to MetaMask.

6. Conclusion

Spheron Network and Fizz Node represent a significant advancement in edge and decentralized computing, offering a powerful, flexible, and cost-effective solution for developers and businesses. With the Spheron dashboard and sphnctl, deploying Fizz Node is simple, requiring just a few steps and a 0.02 ETH registration fee. By joining the Spheron Network, you not only optimize your resources but also contribute to the global decentralized computing ecosystem.

Start with Fizz Node today by following the instructions on the dashboard, or join the Spheron community at docs.spheron.network, Discord, and Twitter to explore the potential of this platform. Spheron is not just a technological solution—it’s a gateway to the future of decentralized computing.

In the ever-evolving landscape of blockchain technology, data storage has emerged as a critical challenge. Traditional on-chain storage systems are often hampered by inefficiencies, high replication costs, and scalability issues. Addressing these concerns, Walrus has been developed as a robust decentralized storage solution, leveraging the innovative capabilities of the Sui blockchain network. Here, we dive into the revolutionary features of Walrus and its potential impact on the decentralized storage ecosystem.

The Challenges of Replication and Storage Costs

Most blockchain systems rely on full replication of data across all validators, leading to massive redundancy and high operational costs. For example, the Sui network’s current storage model replicates data with a factor of 100x or more to ensure security and fault tolerance. While this approach is necessary for computational integrity, it is highly inefficient for storing unstructured data such as media files, NFTs, or historical blockchain snapshots.

Walrus tackles this inefficiency head-on by introducing a decentralized storage architecture optimized for scalability, affordability, and reliability.

What is Walrus?

Walrus is a decentralized storage network that provides exceptional data availability with minimal replication. It is designed to store large data volumes efficiently while ensuring high availability and resilience against faults.

Key Features of Walrus

1. Cost-Effective Blob Storage: Walrus allows gigabyte-scale uploads at a fraction of traditional costs. By transmitting data blobs only once and distributing storage across network nodes, Walrus minimizes resource usage while maintaining data integrity.
2. High Availability and Robustness: Walrus’ storage model ensures data recovery even if two-thirds of nodes fail. This reliability is bolstered by certificates that guarantee availability without requiring users to download entire blobs.
3. Dynamic Scalability: Powered by the Sui blockchain, Walrus scales horizontally to hundreds or thousands of storage nodes. This enables the system to offer petabytes of storage at competitive costs compared to centralized providers.
4. Support for Multiple Use Cases:
   • NFT Media Storage: Directly store and serve images, sounds, and videos.
   • AI-Related Applications: Store clean datasets or model proofs with verified provenance.
   • Long-Term Blockchain Archival: Efficiently archive blockchain history, including snapshots and state transitions.

How Walrus Works

Walrus employs innovative encoding techniques to break data into smaller units called slivers. These slivers are distributed across storage nodes to achieve redundancy and fault tolerance. The system uses advanced erasure coding, allowing blobs to be reconstructed from a subset of slivers. This reduces storage overhead while maintaining data integrity.

Additionally, storage operations on Walrus are managed through epochs. Users can specify how many epochs their data should remain available. As epochs progress, Walrus ensures that data is dynamically managed, re-certified, or deleted based on user requirements.

Integration with the Sui Network

Walrus is tightly integrated with the Sui blockchain, leveraging its advanced features for secure and transparent operations. All blob metadata, storage transactions, and certifications are recorded on-chain, ensuring accountability and verifiability.

Sui’s scalability and low-latency capabilities enable Walrus to handle high transaction volumes without compromising performance. Moreover, Walrus introduces a utility token, WAL, for payments and incentives, with smaller units called FROST for granular cost calculations.

User-Friendly Storage Operations

Walrus offers an intuitive command-line interface (CLI) for managing storage tasks, such as:

• Uploading Data: Easily store blobs using a single command.
• Querying Status: Check the availability and certification of stored blobs.
• Deleting Blobs: Reclaim storage by removing unused or expired data.

For developers, Walrus provides APIs for seamless integration into decentralized applications (dApps), enabling use cases such as NFT marketplaces, AI data sharing platforms, and more.

The Future of Walrus

Walrus is set to revolutionize the decentralized storage ecosystem by bridging the gap between affordability, reliability, and usability. As the network evolves, upcoming features include:

• Dynamic adjustments to storage nodes.
• Expansion of supported use cases.
• Improved tooling for developers and enterprises.

By enabling cost-effective and reliable data storage, Walrus positions itself as a cornerstone for the Web3 infrastructure, empowering users and developers to build a truly decentralized future.

Huddle01 is building a decentralized real-time communication (dRTC) platform as an innovative alternative to traditional video conferencing services such as Zoom and Google Meet. Utilizing blockchain technology, Huddle01 seeks to enhance performance, lower latency, and minimize infrastructure expenses, ultimately creating a more efficient and scalable communication solution.

"01" in Huddle01 symbolizes binary code—the fundamental basis of all digital communication. Specifically:

• It reflects the technology that makes virtual meetings possible.
• The number "01" represents the bits 0 and 1 in the binary system, which form the foundation of all data and digital communication.
• The use of "01" in the name emphasizes the technological and digital nature of the Huddle01 platform.
• It also suggests the simplicity and efficiency of digital communication, where only the two digits 0 and 1 are needed to create the entire digital world.

Problems Huddle01 Aims to Solve

• High costs of centralized communication systems: Huddle01 reduces server costs for developers by up to 95% compared to services like AWS by utilizing unused internet bandwidth through node operators.
• High latency due to geographical location: With its decentralized network, Huddle01 lowers latency to approximately 13 milliseconds in New York, compared to 141 milliseconds on Google Meet and 20 milliseconds on Zoom.
• Security and privacy concerns: Huddle01 enhances security and user privacy through end-to-end encryption and secure video storage on the InterPlanetary File System (IPFS).
• Lack of integration with Web3 technology: The platform supports wallet connections, uses NFTs as avatars, and enables token-gated meetings, deeply integrating with Web3 technology.
• Limited scalability of centralized systems: Huddle01's decentralized model allows for easier scalability, supporting up to 10,000 participants in a single room.
• High costs for small and medium-sized enterprises (SMEs): Huddle01 offers a cost-effective communication solution for SMEs, freelancers, and digital nomads.
• Dependence on centralized infrastructure: Huddle01 builds the first Decentralized Physical Infrastructure Network (DePIN) for RTC, reducing reliance on centralized servers.
• Difficulties integrating crypto payments: The platform supports crypto payment integration, reducing transaction fees and expanding global market accessibility.

Current Products of the Project

• Huddle01 Meet: This is the main video and audio conferencing application of Huddle01. It allows users to host high-quality, low-latency online meetings. Integrates Web3 features such as wallet connection, using NFTs as avatars, and hosting token-gated meetings.
• Huddle01 SDK: A software development kit that enables developers to integrate Huddle01’s real-time communication functionality into their own applications. Supports both web and mobile platforms.
• Media Nodes Network: A decentralized infrastructure providing bandwidth for audio and video calls. Users can purchase and operate these nodes to contribute to the network and earn $HUDL tokens.
• Huddle01 CLI: A command-line tool that makes it easier for developers to set up and manage projects using Huddle01.
• iFrame Integration: Allows quick integration of Huddle01’s functionalities into existing websites via iFrame.
• Secure Video Storage Platform: Utilizes the InterPlanetary File System (IPFS) for secure and decentralized storage of recorded videos.

Huddle01 has supported over 6 million meeting minutes for more than 100,000 events and has been integrated by over 100 Web3 projects, including Lens Protocol, Solana, and CyberConnect. The project continues to develop and expand its products and features to meet the growing demand for decentralized real-time communication solutions.

We have used Huddle01 Meet for an extended period, with meetings lasting up to 5 hours (without needing to create a new meeting like on Google Meet). The audio quality during calls between participants is high, noticeably different from other products. The video screen sharing is also of high resolution. An amazing experience, we will use it for our future meetings.

Huddle01 is set to launch an upcoming node sale featuring 46,900 media nodes available in two phases, each priced at $320 per node. Phase 1 will kick off on November 6, 2024, exclusively for whitelisted participants, followed by a public sale starting on November 8. To operate a node, participants must have an internet connection with a minimum speed of 250 Mbps. The project plans to launch its testnet two weeks following the completion of the Phase 1 sale.

Funds and individual investors

Conclusion

Overall, this seems to be a very promising project with a bright future ahead. We are impressed by the project's product. We have great confidence in the project and are currently ranked number 1 in node sale referrals. If you are interested in purchasing a node, please use our referral, which is our wallet address:
https://node.huddle01.com/invite?promo=0xA41B1adB2dF768aE599B34fcA2D1562418bF64db

The Blobstream technology was invented by Celestia Labs and was first introduced on October 2, 2023. Previously, it was called Quantum Gravity Bridge (QGB). Blobstream is the first data availability solution for Ethereum, allowing developers to build high-performance Layer 2 (L2) solutions by utilizing Celestia's optimized data availability layer, based on the Data Availability Sampling (DAS) technique for scaling.

Blobstream is a data availability technology developed within the Dill system, aimed at providing solutions for storing and verifying data between Rollup networks and Layer 1. Blobstream not only optimizes performance but also enhances security for decentralized applications on the blockchain platform.

How Blobstream Works

• Connecting Rollup and Layer 1

Blobstream acts as a bridge between Rollup networks and Layer 1, allowing rollups to store and verify proven data. This enhances interoperability between different systems within the blockchain.

• Attestation Bridge

The Blobstream system includes an Attestation Bridge, responsible for generating proofs that demonstrate the integrity of the data. These proofs are sent to the Blobstream Contract, enabling rollups to quickly and efficiently verify the validity of the data.

• Managing Blob Data

Data within Dill is fragmented into smaller blocks called "blobs," each with a maximum size of 128KB. Blobstream manages the storage and distribution of these blobs across different subnets within the network.

Supporting Technologies for Blobstream

• KZG Commitments

The KZG (Kate-Zaverucha-Goldberg) technique is used to commit to and verify the integrity of blob data. This ensures that the data remains unchanged during transmission.

• 2D Erasure Coding (EC)

The 2D EC coding technique is applied to optimize data storage and access, allowing for minimized storage space while ensuring data recoverability.

• Data Availability Sampling (DAS)

Blobstream employs DAS to verify data availability without requiring all full nodes to store all data. Only a few light nodes perform random validation, enhancing efficiency and reducing storage costs.

Benefits of Implementing Blobstream

• Enhanced Scalability

With its sharding structure and parallel processing capabilities, Blobstream helps Dill achieve scalability from 10x to 100x compared to other DA networks.

• Support for Decentralized Applications

Through the Blobstream system, Dill provides a robust infrastructure for decentralized applications, promoting the development of the blockchain ecosystem.

• Reduced Transaction Costs

Optimizing the verification and storage processes helps minimize transaction costs for users, making blockchain usage more accessible.

Differences Compared to Other DA Solutions

Blobstream stands out compared to other data availability solutions due to:

• Decentralization: Blobstream shares security with Celestia through a Proof-of-Stake (PoS) consensus system, enhancing decentralization and security for the network.
• Detection of Malicious Behavior: The system can detect if 2/3 of Celestia's validators behave incorrectly by withholding data, allowing for potential slashing measures.
• Gas Cost Savings: Blobstream enables significant savings in gas costs for relayers by aggregating Zero-Knowledge (ZK) proofs together.

Conclusion

Blobstream is an essential component of Dill's architecture, improving availability, security, and overall network performance. With significant advancements in scalability and transaction costs, Blobstream promises to make a substantial contribution to the sustainable development of the blockchain ecosystem in the future.

Vana is a layer 1 blockchain specifically designed for private, user-owned data. With a focus on empowering users, Vana allows them to collectively own, govern, and profit from AI models trained on their data. This creates an ecosystem where users are not only data providers but also the main beneficiaries of the value generated from that data.

At its core, Vana functions as a data liquidity network, making data "liquid" and usable as a financial asset. To ensure that data is used safely and transparently, Vana employs two key mechanisms:

• Proof-of-contribution: This mechanism helps verify the value of private data without revealing sensitive details, ensuring that the contributed data is handled securely.
• Non-custodial data: This ensures that data is only used for pre-approved purposes, allowing users to maintain complete control over their information.

Through these mechanisms, Vana creates a trustless environment where data can be tokenized, traded, and used for AI training without compromising user privacy or control. This approach not only democratizes AI development but also introduces a new economic model in which data contributors become active stakeholders in the AI value chain, benefiting from the value they help create.

Features of Vana

Vana is a layer 1 blockchain platform that enables users and developers to incentivize data contributions globally, accelerating the development of user-owned AI applications and data liquidity pools. The key features of Vana include:

• Data Storage: Vana facilitates non-custodial data storage, where voting rights are determined based on the amount of data contributed. It also ensures the legitimacy of the data to maintain quality. Users store their data on personal servers, grant access to a trusted verifier, and then contribute their data to a collective server by encrypting it with a public key. The collective server operates based on rules established by the data contributors.
• Platform Model: Vana provides a model owned and managed by data contributors, allowing users to earn money through the use and governance of the model. Users train parts of the model on their personal computers and grant access to a DAO (Decentralized Autonomous Organization) to merge all the individual parts. The DAO assesses the value of the data contributed by each user and rewards them with a specific token. Developers then interact with the model API by burning these tokens.

With these features, Vana creates an environment where users can not only maintain full control over their data but also transform it into a valuable economic asset.

Operating Mechanism of Vana

Vana operates based on three main components:

• Data Liquidity Layer: This is where data is contributed, validated, and recorded on the network into Data Liquidity Pools (DLPs). The DLP creators deploy smart contracts specifying data contribution goals, including the purpose, validation methods, and data contribution parameters. Here, data contributors and supervisors send data to DLPs for validation, receive governance rights, and are rewarded based on the specified parameters of the DLP validation process.The purpose of the Data Liquidity Layer is to bring data on-chain and facilitate data transactions between contributors, supervisors, and validators. It manages the collection and organization of data so that it is accessible across the entire Vana ecosystem for users and developers.
• Data Portability Layer, also known as the Application Layer: This layer functions as an open data marketplace for data contributors and developers. Once the Data Liquidity Layer verifies and brings the data on-chain, the Application Layer provides the infrastructure needed for training user-owned foundation models and developing new AI dApps.The Application Layer serves as an active data hub where online communities can collaborate with developers to create economic value from their data. This fosters an interactive data ecosystem where data contributors benefit from network effects and value generated by their contributions.
• Connectome: Connectome is a decentralized ledger of real-time data transactions across the entire Vana ecosystem. It uses a proof-of-stake consensus mechanism, where Connectome propagators relay data transactions within the network. This ensures the valid transfer of DLP tokens and allows user-owned applications to access data across multiple DLPs.Connectome also allows third parties to view and track data transactions across the network. Additionally, it is compatible with EVM (Ethereum Virtual Machine), ensuring interoperability with other blockchain systems.

These three components work together to create an integrated system that makes user data more liquid, transparent, and valuable, providing a foundation for the development of decentralized AI applications.

Vana recently drew attention after announcing it received $25 million in investment from three major venture capital firms: Coinbase Ventures, Paradigm, and Polychain.

Vana is presented as a user-owned AI project, with its model being "user-owned AI through user-owned data," setting itself apart by emphasizing the fight against data monopolization, especially in an era where AI is increasingly controlled by large corporations. Vana seeks community participation to disrupt this dominance, and through the concept of "Data DAO," it provides a mechanism to democratize data—allowing users to contribute data and earn rewards while ensuring privacy and fairness.

With the participation of three major investors:

• A strategic round worth $5 million from Coinbase Ventures,
• Series A round of $18 million led by Paradigm,
• An initial funding round of $2 million from Polychain,

The support from these investors testifies to the value of Vana's story and its mission: challenging data control and concentrated power held by large corporations.

Although the narrative of anti-monopolization in AI is not new, most current projects focus on DePIN (Decentralized Physical Infrastructure Networks), encouraging users to contribute hardware resources to participate in the AI ecosystem.

In conclusion, Vana stands out as a pioneering platform in democratizing data and AI, aiming to empower users to control and profit from their own data, challenging the centralized power held by large corporations in the field of artificial intelligence

IP is gradually becoming the "new path" for development in many crypto projects. Therefore, Story Protocol has started to gain the attention of the community as it focuses on the IP sector. So, what is Story Protocol?

Intellectual Property (IP) products are creations of human intellect. These can include a wide range of creative forms and content, from art, literature, music, and films to artificial intelligence models, software, trademarks, and technical inventions.

More specifically, IP products can consist of:

• Literary and artistic works: Books, stories, poems, music, films, games, artwork, etc.
• Trademarks and brand identities: Logos, brand names, distinctive symbols, and other distinguishing marks.
• Patents: Technical inventions, formulas, and exclusive technological solutions.
• Designs: Product designs and industrial models.
• Software and source code: Applications, software programs, and their source code.
• AI models and data: Artificial intelligence models and the data used to train them, increasingly recognized as a unique form of IP in the digital era.

IP products are typically protected by intellectual property laws, which allow owners to control the use, distribution, and monetization of their creations.

Story Protocol is a layer 1 blockchain built on the Cosmos SDK and is compatible with EVM. With the growing trend of intellectual property (IP) prominence, Story Protocol aims to create a network that allows users to easily perform the following two tasks:

• Apply for IP licenses for intellectual products.
• Convert IP into assets on the blockchain while maintaining the legal aspects related to the IP.

Operating Model of Story Protocol

According to the project team, the Story Protocol network consists of three layers:

• The World’s IP Blockchain: This is the blockchain infrastructure layer built using the Cosmos SDK toolkit, which allows the Story Protocol network to have EVM compatibility and a BFT (Byzantine Fault Tolerance) consensus mechanism.
• Application Ecosystem: This layer provides developer tools to build various dApps on the Story Protocol network, including projects ranging from DEX (Decentralized Exchanges), lending/borrowing platforms, to AI, RWA (Real-World Assets), and DAOs (Decentralized Autonomous Organizations).
• Proof of Creativity and Programmable IP License.

Story Protocol has an infrastructure and structure similar to other layer 1 blockchains. However, its main difference lies in the second layer that supports IP-related applications in the crypto market, specifically the Proof of Creativity and Programmable IP License.

Proof of Creativity is a smart contract that allows users to bring their IP onto the Story Protocol network. These IPs can include real-world assets or NFTs that have been registered for copyright. Each IP uploaded to Story Protocol consists of two components:

• On-chain NFT representing the IP brought onto the network.
• A smart contract wallet linked to the IP, allowing users to interact with these IPs as NFT assets. This wallet mechanism is similar to Account Abstraction and ERC-6551.

After uploading to Story Protocol via Proof of Creativity, the IPs become on-chain assets on the network. Users can then utilize them for various DeFi activities, such as lending/borrowing or setting up royalties for others to use.

According to the project team, DeFi activities related to IP are executed through three main modules:

• Licensing Modules: This component helps maintain the legality of IPs on Story Protocol and supports users in applying for IP licenses for assets that don't yet have IP rights.
• Royalties Modules: This allows IP owners to apply "royalty fees" to their IPs, facilitating commercial and DeFi activities. Owners can freely set royalty fees, which are then stored on-chain and made transparent to all network users.
• Dispute Modules: This module aims to prevent plagiarism of IPs on Story Protocol.

Programmable IP License

• The Programmable IP License is an off-chain component in Story Protocol that provides legal documents for IPs on the network. Its purpose is to help users easily "onramp" (upload assets to the blockchain) and "offramp" (bring assets outside of the blockchain) their IPs on Story Protocol.

Overall, Story Protocol's structure is designed to ensure the legality of IP assets when brought onto the blockchain and helps turn IP into a new type of "asset" in the crypto market, featuring transparency and on-chain traceability.

The Team, Investors, and Partners of Story Protocol

Project Team

The team behind Story Protocol consists of experienced members in the crypto and financial markets. They include:

• Seung Yoon Lee: Co-Founder and CEO of Story Protocol. He was the founder of Radish Fiction in South Korea and later worked for the investment fund Hashed.
• Seung Soo Kim: Co-Founder and Chief of Staff (CoS) at Story Protocol. He was previously the CoS for Radish Fiction.
• Jason Zhao: Co-Founder of Story Protocol. Previously an engineer at Google DeepMind, specializing in AI development.
• Jason Levy: Co-Founder of Story Protocol. He has worked at major corporations like Apple and Amazon.

Investors and Partners

Story Protocol has completed three funding rounds, raising nearly $140 million USD in total. The details are as follows:

• May 17, 2023: Raised $29.3 million USD in a Seed round led by a16z. Other participants included Hashed, dao5, and Mirana Ventures.
• September 6, 2023: Raised $25 million USD in Series A, also led by a16z. Other investors included Hashed, Foresight Ventures, dao5, and Mirana Ventures.
• August 21, 2024: Raised $80 million USD in Series B, once again led by a16z, with participation from Polychain Capital and angel investor Cozomo de Medici.

Story Protocol has established partnerships with technology projects such as Ritual, HoloworldAI, and MyShell.