AO ‘supercomputer on Arweave’ blockchain fair launch set for June 13
AO ‘supercomputer on Arweave’ blockchain gorgeous commence spot for June 13
AO's token would absorb a entire offer of 21 million and a four-365 days halving cycle.
AO, a recent protocol built on Arweave’s eternal recordsdata storage layer, will commence on June 13, in step with a commentary released on Can even 30.
Arweave co-founder Sam Williams described the project as “Bitcoin, nonetheless a supercomputer on Arweave.”
Tokenomics
AO will absorb a token that trades beneath the ticker AO. The project will absorb a 100% gorgeous commence with out pre-mining, pre-sales, or preferential gather admission to. Fervent neighborhood participants can mint their tokens by bridging to AO, retaining Arweave’s native AR token, or building.
This vogue ensures the neighborhood has entire gather admission to to the token. The entire offer shall be 21 million coins, corresponding to Bitcoin, with a four-365 days halving cycle.
A non-profit organization would flee the project primarily based fully fully on a mechanism that specializes within the neighborhood. On the different hand, folk within the US and sanctioned jurisdictions can not mint the tokens.
AO’s aspects
AO become once developed to deal with the necessity for a scalable blockchain resolution. Its modular architecture enhances scalability, enabling high transaction volumes and parallel processing.
The platform introduces AOS, an working procedure that supports the Lua programming language and facilitates varied applications. AO’s developed recordsdata storage capabilities can deal with huge datasets, corresponding to those former in AI modeling and tall language models (LLMs).
Furthermore, AO is effectively matched with the Ethereum Virtual Machine and other blockchain protocols through WebAssembly for natty contracts.
DeFi researcher Ignas highlighted AO’s fair to mix blockchain’s reliability and security with the efficiency of high-pause industrial servers love Amazon AWS. He added:
“One standout characteristic of AO is its parallel processing capability, allowing a huge selection of processes to flee concurrently with out affecting every other. It’s love a smartphone that never slows down, with out reference to what number of apps are working.”
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Source credit : cryptoslate.com