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Cryptocurrency News Articles

Lightchain AI: A Novel Proof of Intelligence (PoI) Consensus Scheme

Dec 28, 2024 at 06:45 pm

Lightchain AI proposes a novel Proof of Intelligence (PoI) consensus scheme where performance is rewarded for performing AI computations like model training and optimization.

Lightchain AI: A Novel Proof of Intelligence (PoI) Consensus Scheme

Lightchain AI is a Layer 1 blockchain that aims to revolutionize the Web3 landscape by seamlessly integrating cutting-edge artificial intelligence (AI) capabilities with the decentralized power of blockchain technology. This groundbreaking project is poised to introduce a novel Proof of Intelligence (PoI) consensus scheme, where participants are handsomely rewarded for performing crucial AI computations, such as model training and optimization.

In stark contrast to conventional consensus methods, Lightchain AI's approach not only enhances the network's security but also dramatically improves its efficiency. This marks a significant departure from the energy-intensive Proof of Work (PoW) consensus, which has plagued blockchain networks for years.

Delving deeper into the Lightchain AI ecosystem, we encounter a meticulously crafted tokenomics model that ensures the sustainability and equitable contribution of all stakeholders. The total supply of LCAI tokens stands at 10 billion, with a portion allocated for presale, staking rewards, liquidity, and marketing (inclusive of administrative/treasury expenses). Additionally, a portion is reserved for the team, encompassing workforce salaries and executive team compensation. This comprehensive allocation aligns incentives and fosters long-term vitality within the ecosystem.

Lightchain AI's commitment to continuous innovation is evident in its extensive roadmap, which outlines key milestones for the project's evolution. Among these milestones are the highly anticipated testnet launch, slated for January 2025, and the mainnet activation, scheduled for March 2025. These developments will pave the way for widespread testing and user participation, ultimately culminating in the fully realized mainnet launch.

To gain a deeper understanding of Lightchain AI's architecture, whitepaper, and community presence, follow the links provided below:

Official Website: https://lightchain.ai

Whitepaper: https://lightchain.ai/lightchain-whitepaper.pdf

Telegram Community: https://t.me/LightchainProtocol

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Other articles published on Dec 30, 2024