Bb站长

Ethereum is the most used and trusted chain in the crypto ecosystem. It has managed to surpass all other chains thanks to its thousands of dApps and DeFi protocols. Ethereum is also known for its security and decentralization, but unfortunately, it also faces the blockchain trilemma.

To solve Ethereum's scalability issues (speed and transaction costs), many Layer 2 protocols have been built on top of the chain in an attempt to scale it.

Focus on the primary and secondary markets of the currency circle. Committed to researching first-level skyrocketing coins and second-level high-quality potential coins. V: hxsq808 has no threshold, no fees, no promotion of exchanges, no trading links.

Recently, driven by the expectations of spot Bitcoin and Ethereum ETFs, the market has begun to rise. Various concepts of new and old currencies MEME and BRC20 have become popular. Does the bull market seem to have quietly arrived?
For most retail investors, the market is gradually picking up, hot sectors are rotating rapidly, and the rapid switching between bullish and bearish periods, and missed opportunities to double one after another, are undoubtedly the most uncomfortable!

The hottest question in the market right now is, is the bull market coming?

To get straight to the point, the webmaster will answer you directly with six major reasons. Yes, the bull market has begun!

Focus on the primary and secondary markets of the currency circle. Committed to researching first-level skyrocketing coins and second-level high-quality potential coins. V: hxsq808 has no threshold, no fees, no promotion of exchanges, no trading links.

As Bitcoin leads a number of tokens to continue to rise, many friends who missed the key market trends due to hesitation are annoyed. The bull market sentiment has just begun to brew, and the strongest wealth password in the next wave of the market must be: steady gains + more airdrops. The market has its ups and downs, but airdrops will never make a loss. Today, we will bring you the SocialFi sector, which has become very popular recently. Let us take a look at the airdrops of high-potential projects worth paying attention to.

Focus on the primary and secondary markets of the currency circle. Committed to researching first-level skyrocketing coins and second-level high-quality potential coins. V: hxsq808 has no threshold, no fees, no promotion of exchanges, no trading links.

Recently, the BRC-20 token sats has continued to rise. Coingecko data shows that in the past half month, the price of sats has been hovering around 0.00000002 USDT for a long time. In the past two days, the price has climbed rapidly, reaching a maximum of 0.00000015 USDT, with a maximum increase of nearly 500%. What has happened in the BRC-20 market recently?

Focus on the primary and secondary markets of the currency circle. Committed to researching first-level skyrocketing coins and second-level high-quality potential coins. V: hxsq808 has no threshold, no fees, no promotion of exchanges, no trading links.
Impossible to mint meme coins
When it comes to sats, the biggest impression people have on it is its extremely large supply. The total supply of sats is 2,100,000,000,000,000, which is 2,100 trillion, which is 100 million times that of Bitcoin.

What I bring to you this time are projects in the AI ​​sector. We all know that the next bull market will be either DeFi RWA or artificial intelligence. When planning for the bull market, don’t focus on one track. After all, no one can tell who is. The bull market gun will be fired. The Gensyn I introduced this time will focus on the AI ​​sector. Why? Just listen as I finish introducing the project. First-hand information, resources: What is hxsq808Gensyn? https://www.gensyn.ai/Official website Gensyn is a distributed computing network used to train AI models. The network uses blockchain to verify that deep learning tasks have been executed correctly and trigger payments via commands. It directly rewards supply-side participants for committing computing time to the network and performing ML tasks, and the protocol requires no administrative oversight or enforcement, instead facilitating task allocation and payment programmatically through smart contracts. Gensyn protocol? The Gensyn Protocol is a layer 1 trustless protocol for deep learning computation that directly and immediately rewards supply-side participants for committing compute time to the network and performing ML tasks. As mentioned above, the fundamental challenge in building this network is validating the machine learning work that has been done. This is a highly complex problem that involves the intersection of complexity theory, game theory, cryptography, and optimization. A simple solution is to check the worker's honesty by redoing the job. At a minimum, this requires doubling the required operations ("single replication"); however, even with replication, trust issues remain unless the validator is the actual requester of the work (in which case they do not request the work , since they just execute themselves). Therefore, ensuring the honesty of validators can result in infinite replication chains, where each new validator needs to check the work of the previous validator. Financing situation Gensyn has completed a total of two financings. The first occurred on March 21, 2022. It was led by Eden Block and consisted of Galaxy Digital, CoinFund, Maven11, Hypersphere Ventures, Zee Prime Capital, Entrepreneur First, Jsquare, Counterview Capital, 7percent Ventures, Id4 Ventures and many institutions participated in the investment, with an amount of up to US$6.5 million. The second time occurred on June 11, 2023. This time it was led by a16z and included CoinFund, Canonical Crypto, Protocol Labs, Eden Block, Jsquare, M31 Capital, Zee Prime Capital, Maven11, Id4 ventures, anand iyer and many other institutions. , the scale of this financing is as high as US$43 million.The second round of financing made a16z more optimistic about the development of the project. On August 26, a16z’s Token Economics researcher Jeff Amico announced that he had joined the portfolio company Gensyn as the director of operations in the form of a partnership to help Gensyn cope with the creation of The operational and legal challenges posed by a new computing infrastructure. After the mainnet successfully launches the parachain on the Kusama relay chain, the next stage will be to launch the final live parachain on the Polkadot relay chain. This phase will include the launch of the mainnet utility token, which will become the protocol’s main utility token. Mainnet will be a strengthened, real-time protocol for full use by any organization or individual. Features or changes will be iterated through testnet and canarynet before launching on mainnet. The ecosystem Gensyn protocol will become the base layer for ML computing, similar to Ethereum for smart contract execution. Going forward, we hope that others will build on top of the protocol to provide rich user experiences and specific functionality in numerous niche markets. We expect this emerging ecosystem to start with *knowledge-based applications that allow non** users to build and deploy ML solutions using abstractions similar to existing Web2 solutions such as Amazon's SageMaker and DataRobot. In addition to human knowledge in model design, there are three fundamental issues that slow down progress in applying ML: Gensyn solves the first problem by providing on-demand access to globally scalable computing at fair market prices. The Gensyn Foundation will seek to encourage solutions to the second and third issues through research, funding, and collaboration with other protocols. Long-term vision The Gensyn protocol will enable anyone to train ML models for any task using self-organizing networks that encompass all existing sources of computing power. As Web3 Dapps increase in complexity and infrastructure requirements, they are forced to fall back to Web2 where Web3 resources do not exist. By decentralizing ML computing, the Gensyn Protocol brings an important infrastructure component to Web3 - reducing reliance on Web2 and further strengthening and decentralizing the entire ecosystem. Deep learning has shown incredible generalization capabilities and looks set to play a major role in the future of ML.Base models trained on the Gensyn protocol will be decentralized and globally owned – allowing humans to benefit equally from collaborative ML development and training. Building on these foundational models with nudges is as simple as defining the task and paying a fair market price for the nudge work—removing the barriers that currently exist. Over the decades, ML has made advances in both academic and industrial settings. The Gensyn Protocol connects these silos through a common infrastructure with decentralized ownership, enabling all of humanity to quickly explore the future of artificial intelligence together as equal pioneers. Combining this network with hierarchically trained and collectively owned base models provides a path toward truly achieving AGI—the next step for humanity. Project Advantages This project is fully supported by a16z, which involves both financial and manpower resources. In addition, a16z personnel participate in it, which increases the upper limit of project operations and product capabilities. The financial support for this project is very abundant, especially the second financing event led by a16z, which was US$46 million. The institution also valued the project at US$240 million. The amount of financing is for the development stage, and the R&D investment and operating costs will be very large, which also gives a higher ceiling to the project's price. Betting on the future of the AI ​​sector, the narrative nature of AI will never stop. Now the AI ​​sector is developing very rapidly, and the innovation of new iterations and new technologies is fleeting, so the current AI narrative sector is * highlights. a16z said that recent advances in artificial intelligence are incredible and have the power to save the world. But building AI systems requires deploying greater computing power to train and infer today's most powerful models. This means big tech companies have an advantage over startups in the race to extract value from artificial intelligence, thanks to privileged access to computing power and the economies of scale of large data centers. To compete on a level playing field, startups need to be able to affordably use their own large-scale computing power. The advantages of choosing Polkadot's three networks and three different stages to develop for different networks will help projects in the AI ​​sector optimize metadata, perform probabilistic verification of machine learning training, and deterministic machine learning work proven on the chain. Perform* validation and parallelization of machine learning models on heterogeneous hardware with latency constraints.There are additional considerations for deploying development nodes. To summarize, the narrative that the#AIsector has become a bull market has become a fact, and gensyn itself is doing the algorithm for chatgpt. With the iteration of chatGPT, computing power companies like Gensyn will also be used in this kind of computing power. This time gensyn also brings With technological changes, the computing power can be increased by 10 times or even a hundred times. You must know that today's chatgpt can answer questions within a few seconds. If it is increased by ten times or even a hundred times, it will reach a terrifying state. Of course, fast computing speed is definitely not the only advantage. Its most outstanding feature is that it can greatly reduce computing costs. The cost of a single training of GPT-3 in 2020 is about US$12 million, which is about US$12 million more than the estimated value of GPT-2 training in 2019. $43,000 is more than 270 times higher. Generally speaking, the model complexity (size) of the best neural networks currently doubles every three months. The hourly cost of Gensyn's machine learning training work is about US$0.4, which is far lower than the costs required by AWS (US$2) and GCP (US$2.50). Gensyn wants to use technologies such as blockchain to implement a decentralized, large-scale distributed deep learning* computing protocol, with probabilistic learning proofs and cryptocurrency incentive mechanisms. This time our company has also secured a large amount of quota for everyone. The most important thing is that after communicating with the institution, we will not lock the position this time, no lock, no lock!