DAIN
DAIN
Decentralized and geologically distributed public computing networks that are managed through blockchain
INTRODUCTION
Many innovative projects have emerged from the Blockchain / cryptocurrency ecosystem. Blockchain technology along with artificial intelligence to disrupt almost all industries in the coming years. Today, I will focus my discussion on (DAIN), an innovative blockchain project that combines artificial intelligence that enables global computer users to utilize their computing resources efficiently regardless of their geographical location. Dain is the next generation Blockchain artificial intelligence platform. This is a decentralized global computing network that specializes in handling and solving problems related to artificial intelligence. DAIN gives awards to hardware owners, this consists of the AI market where the industry meets,
Many innovative projects have emerged from the Blockchain / cryptocurrency ecosystem. Blockchain technology along with artificial intelligence to disrupt almost all industries in the coming years. Today, I will focus my discussion on (DAIN), an innovative blockchain project that combines artificial intelligence that enables global computer users to utilize their computing resources efficiently regardless of their geographical location. Dain is the next generation Blockchain artificial intelligence platform. This is a decentralized global computing network that specializes in handling and solving problems related to artificial intelligence. DAIN gives awards to hardware owners, this consists of the AI market where the industry meets,
Artificial Intelligence and Blockchain:
AI or artificial intelligence, related to the theory and construction of machines that are able to perform a series of tasks that require intelligence. Today, sophisticated technology is trying to exploit this field in machines, artificial neural networks and deep learning. At the same time, Blockchain is a new system for digital information that stores data in encrypted and distributed form. Because data is stored on thousands of different computers, it will make it possible to create unreliable and reliable databases that can only be read, updated, and licensed by individuals. Although much has been said about the potential of combining the two technologies academically, their applications in the real world are rarely found today.
OTHER MISSION
(i) DAIN simplifies access to AI, they aim to democratize the entire AI system and ensure there are no restrictions on data, computing resources, knowledge, and time to use AI.
(ii) Second, DAIN aims to monetize the system by creating a monetization model, building a new data-based revenue stream without losing control and ownership of the user model.
(iii) Building new business models and relationships, which will enable companies and customers or their partners to exchange exclusive assets and services.
WHY CHOOSE ANOTHER?
(i) Problems with AI entry: Although there are many requests and impacts of AI in society, understanding AI and its needs is difficult and consequently, professionals and businesses are not even ready for their large exploitation. This challenge impacts several local companies that cannot benefit from the transformation offered by AI. In an effort to correct this imbalance, DAIN will overcome barriers to entry and ensure a fair, inexpensive and integrated AI in our society where the Company and their customers will benefit.
(ii) Sustainability: Research has revealed a huge carbon footprint and excessive electricity consumption leading to the latest approaches to AI, Cloud and DLT. The data processing industry currently consumes up to 3% of global energy and the power consumption of the Bitcoin mining facility is huge too. This is why the need for artificial intelligence is needed. AI will manage resources and promote sustainability. Exploiting AI will be more beneficial than producing excessive hardware.
(iii) DAIN will reduce IaaS costs by effective utilization of backup computing power, eliminating initial hardware investment from the IaaS cost equation. Being a scattered network, there is no need to cover the cost of cooling.
(iv) Unlimited Computing: DAIN is designed to turn off all computer devices. It accesses computer resources easily, economically and elastic on request.
(v) No transaction costs: DAIN as smart AI technology can easily adapt to congestion and learn from other node activities to understand their motivations, thus preventing honest users from wasting their computing resources or paying transaction costs.
(v) Zero Code Solutions: DAIN does not require expert knowledge before you can use or benefit from. You don't have to understand technology before you can participate in the AI revolution. DAIN allows non-technology people to use AI to design AI.
The benefits of
DAIN regulation gather exercises learned over the previous decade and bringing together front-line innovations to offer answers to existing problems.
- Reducing IaaS costs
By utilizing economical processing power, it removes the underlying equipment effort from the IaaS cost conditions. Because this is a distributed system, there is no need to take care of the cooling costs.
- Speed up time-to-showcase
DAIN has a commercial center for AI models created by biological system clients, enabling organizations to share settings and complement existing capabilities. Through the exchange of information and information, ideal opportunities for new improvements will decrease exponentially.
- There are no exchange fees
DAIN is brilliant. DAIN can adjust to blockages and benefit from the movement of its hubs to understand their inspiration, keep legitimate clients from wasting their processing assets or paying exchange fees.
- IoT and 5G are prepared
The absence of fees and the registration model circulating from DAIN allows gadgets with low limits to become part of the system. This innovation will use the availability of 5G and the diversity of gadgets related to the web.
- Zero code setting
No parent information is needed to take advantage of the advantages. By utilizing AI to compile AI, non-technological residents are empowered to begin to take an interest in AI upheaval.
- Unlimited calculations
Intended to place the intensity of the gadget stack on the AI transfer. Access PC assets effectively, financially, flexibly, and on demand.
- Confidentiality
Because of the latest and most creative cryptographic strategies, all information and arrangements that are distributed are entirely private, in any case, when shared among clients.
- Certified arrangements
Due to the nature and nature of AI calculations, all settings submitted are confirmed by a programmed machine-to-machine process.
Nilai Token DAIN Token
DAIN is directly related to network computing power. To measure network computing power, a reference index is defined: DIPS (DAIN Performance Index Standards). Each service request handled by the network can be marked with a DIPS number, which represents the estimated computing power needed to complete it. DAIN token (DAINT) is defined as the computational capacity that enables the implementation of 1 DIPS service request, in every active Minimum Resource Cell in the network. 1 DAINT = 1 DIPS x #MRCs To prevent the growth of artificial networks, each MRC requires a DAINT backup to be considered active and allowed to provide services.
While the price of certain tasks is driven by supply and demand, there is a pricing mechanism that links them with token values, reducing volatility.
Service Fees Services provided in DAIN have fees (dsf, DAIN service fees *) paid by the applicant. The purpose of this fee is to reward DAINT holders. Fees are determined as% of the service price, and the corresponding DAINT is
"Burned" (ie no longer circulating on the network). Because the total number of DAINT in the network decreases, the value of DAINT increases, directly giving rewards to DAINT holders.
Wealth Distribution
To ensure the continuity of the network, it is necessary to ensure that all participating actors get fair rewards, avoiding the centralization of wealth by actors with greater capacity or voice power.
To ensure the continuity of the network, it is necessary to ensure that all participating actors get fair rewards, avoiding the centralization of wealth by actors with greater capacity or voice power.
This mechanism encourages new users to share their computing resources through DAIN, regardless of how large or small the device's computing capacity is.
The DAIN protocol applies rules designed to ensure that all types of devices can have equal access to collaborative associations of nodes with heterogeneous characteristics, further ensuring a proportional distribution of gifts.
Project Roadmap:
In the image below, the project road map has been explained:
Tim DAIN:
in connection with the DAIN project team, there is a strong core team. the team consists of experienced professionals from all over the world and in the field of startup, great entrepreneurship. The project also utilizes the collaboration of various departments and industries and academic specialties.
Project Partnership
In the figure below, the project partnership has been presented:
Project overview:
Read the full article, click the link below to get it in Pdf format:
For more information, please visit the link below:
Website : https://dain.ai/
Whitepaper : https://dain.ai/docs/DAIN — Whitepaper_ENG.pdf
Facebook: https://www.facebook.com/dainware
Twitter: https://twitter.com/dainware
Linkedin: https://www.linkedin.com/company/dain
Telegram: https://t.me/dainware
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