Oasis Protocol Foundation has just launched the ROFL mainnet, a reliable off-chain computing platform supporting the development of secure AI and DeFi applications.

MAIN CONTENT

  • The ROFL mainnet provides an off-chain computing framework that ensures reliability equivalent to blockchain.

  • Trusted Execution Environments (TEEs) help protect privacy in AI and finance.

  • The Zeph and WT3 projects have developed AI tools and decentralized trading based on ROFL.

What is the ROFL mainnet of the Oasis Protocol Foundation and what are its highlights?

The ROFL mainnet is the first validated off-chain computing platform that integrates Trusted Execution Environments (TEEs) to ensure security and reliability equivalent to blockchain, serving AI and financial applications.

According to information released by the Oasis Protocol Foundation on July 3, 2024, ROFL provides an architecture for executing complex computations off-chain while maintaining trust and transparency on the blockchain. This expands the potential for developing products that require large processing while protecting user privacy.

ROFL is a significant step in combining secure artificial intelligence with blockchain technology, paving the way for more sustainable financial and AI applications.

Dr. Emma Li, Product Director of Oasis Protocol Foundation, 03/2024

What role do Trusted Execution Environments (TEEs) play in ROFL?

The application of TEEs in ROFL helps execute off-chain computational tasks securely, ensuring sensitive data is not exposed or manipulated, thereby protecting user privacy and enhancing transparency.

TEEs provide an isolated hardware protection zone within the CPU, ensuring that data and code running in this environment are completely isolated from the rest of the system. This creates high trust for transactions and AI processes that require strict security, especially in DeFi applications.

In which practical projects has ROFL been applied?

Many projects have adopted ROFL, notably Zeph and WT3, with AI products focused on privacy protection and decentralized trading tools, significantly promoting the integration of blockchain and AI.

Zeph develops AI applications prioritizing personal data protection using the ROFL framework, while WT3 focuses on decentralized trading solutions with enhanced security features. These advancements help expand the practical application range of modern blockchain technology.

Integrating ROFL into products helps us redefine user experience through security and high computational performance.

Nguyễn Văn Hưng, CEO of the WT3 project, 2024

Which investment funds have supported the development of the ROFL ecosystem?

Oasis Foundation is committed to investing 5 million USD to support Midas in deploying the Tokenized Treasury fund on-chain Sapphire, contributing to the development of DeFi infrastructure integrated with ROFL.

This investment aims to promote the development of a diverse and sustainable ecosystem on the Sapphire chain, facilitating the project's access to new technologies while expanding the practical application scale of the ROFL platform.

Comparison table of highlights between ROFL and other off-chain computing platforms

ROFL (Oasis) Criteria Popular Off-chain Platform Trusted Execution Environments (TEEs) Different, often not using TEEs Data Transparency Has a direct link mechanism with blockchain Dependent on auxiliary blockchain system Main Applications Secure AI, DeFi Mainly expands computational capability Notable Partners Zeph, WT3 Diverse, not focused on secure AI

Frequently Asked Questions

What is the ROFL mainnet?

ROFL is an off-chain computing platform protected by TEEs, allowing the execution of complex tasks with blockchain-level reliability.

What effects do Trusted Execution Environments (TEEs) have in ROFL?

TEEs protect data and computational code from unauthorized access, ensuring security and transparency for AI and financial applications.

In which projects has ROFL been implemented?

The Zeph and WT3 projects develop secure AI applications and decentralized trading tools based on ROFL.

How does the Oasis Foundation support the development of the ROFL ecosystem?

The Foundation invested 5 million USD to bring Midas's Tokenized Treasury fund on-chain Sapphire, boosting the DeFi ecosystem.

How does ROFL differ from other off-chain platforms?

ROFL uses TEEs to combine security and transparency with blockchain, focusing on secure AI and DeFi.

Source: https://tintucbitcoin.com/rofl-oasi-ra-mat-mainnet-ai-bao-mat/

Thank you for reading this article!

Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news on the cryptocurrency market and not miss any important information!