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Cryptocurrency News Articles
Arkham (ARKM) - The Premier L2 Optimistic Ecosystem for Blockchain Intelligence
Jun 19, 2024 at 07:08 pm
Arkham (ARKM) operates as a decentralized market for blockchain intelligence data. This data can be based on wallets, corporations, transactions, and more.
Arkham (ARKM) is a decentralized market for blockchain intelligence data. This data can be based on wallets, corporations, transactions, and more. The system integrates advanced AI solutions to link transactions, accounts, and real-world entities autonomously. Here's what you need to know.
Arkham seeks to help organize the blockchain intelligence community. It offers a selection of tools that give it the capability to act as a web3 hub for blockchain intelligence needs. Notably, the project has massive support from industry leaders, including Wintermute Trading, GSR Markets, Tim Draper, Bedrock Capital, and members from Palantir and OpenAI.
Intel-to-Earn
Arkham represents the emergence of the intel-to-earn blockchain model. This structure enables anyone to convert valuable blockchain intelligence data into returns in a permissionless manner. Network participants can gather this data using automated services, including off-chain sensors called oracles.
This approach opens the door for a vibrant and robust intelligence market that enhances traders' results. It also lowers the cost of R&D and analysis for firms seeking to plan out the most efficient entry strategy. Now, anyone can secure rewards, access real-time network data, and remove the veil of confusion that currently sits on the decentralized economy.
What Problems Does Arkham Attempt to Fix?
Arkham's decentralized approach to intelligence helps resolve various concerns that have caused blockchain users troubles in the past and limited adoption. For one, public blockchains provide open real-time data to the community. However, this data doesn’t have any connections to real-world entities, making it mostly unusable for web2 purposes.
Arkham helps to improve transparency by connecting entities and blockchain transactions in a manner that helps users see who is driving innovation in the market. Arkham accomplishes this task by taking the raw data and processing it through its advanced AI solution. Users can search through this database alongside others to create in-depth maps of market movers.
Benefits of Arkham
Arkham provides many benefits that could help drive blockchain adoption and innovation moving forward. The protocol offers data and analytics on specific networks, wallets, entities, or assets. As a network-agnostic ecosystem, users can gather info from a wide array of web3 sources and blockchains with ease.
Thousands of traders use these tools to find out who is behind what projects with confidence. This info can then be integrated into a broader strategy that takes into account the unique characteristics of the users that Arkham revealed. As such, you can gain a serious edge in the market using these systems.
Liquidity
Arkham creates a new intelligence market and provides it with deep liquidity via its unique structure. The open nature and ease of use help with onboarding. It also ensures that there's a variety of different types of blockchain intelligence derived from various sources. This selection helps to improve results alongside liquidity.
Monetization Options
Intelligence providers gain access to several methods of monetizing their data. They can conduct direct sales, auctions, and even bounties to secure returns for their intelligence. This flexibility helps to drive engagement and ensures that users have the tools needed to get their data to the community.
Visualize
Another benefit of Arkham is how it makes it easy to visualize blockchain movement. Looking at account numbers and transactions is a difficult task that can leave you more confused than when you began. Arkham simplifies the process through the use of detailed visuals that make it easy to grasp the big picture.
How Does Arkham Work?
Arkham provides users with a selection of powerful tools that enable in-depth market analysis, allowing firms to unmask the real-world owners behind crypto transactions. The network relies on its proprietary AI engine called Ultra to streamline this process. Ultra is constantly scanning and deanonymizing transactions to create a massive database that includes data from multiple blockchains.
The Arkham Intel Exchange
The Arkham Intel exchange operates as a core component of the ecosystem. This p2p data market enables anyone to secure rewards by selling crypto intelligence. This data can be network, token, wallet, and user-specific. Notably, all transactions are conducted using ARKM tokens, adding to the demand for utility tokens.
Token – ARKM
Arkham is the premier utility token for the Arkham ecosystem. This ERC-20 token is a versatile asset that enables access to the Intel Exchange and more. ARKM is also used to pay fees and rewards to users as well. Additionally, it's required to access exclusive services and promotions offered to the community.
Consensus
Arkham leverages a PoS (Proof-of-Stake) consensus algorithm that eliminates the need for expensive mining hardware or technical experience. PoS networks rely on users staking their tokens in network wallets to remain secure. This approach provides easy passive income for participants. Additionally, it's low risk as you receive our staked asset back upon the completion of the lockup period.
History
Arkham entered the market in 2020 to help organize and unravel the mysteries of the blockchain economy. The protocol'
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