Arweave launches public testnet for ‘hyper parallel’ AO protocol

Ledger
Arweave launches public testnet for
Ledger


Share this article

Arweave, a decentralized storage and scalability protocol, has launched a new project, Arweave AO. The protocol has since launched the public testnet for this project, inviting developers and enthusiasts to review and participate in the protocol’s evaluation.

Arweave founder Sam Williams describes the Arweave AO protocol as a “hyper parallel computer living inside Arweave” that could host parallel execution based for proof-of-stake computations.

According to Arweave co-founder Sam Williams, the ideas for AO came from the team’s exploration of social media and AI applications on blockchain stacks which required greater transaction volumes than Arweave could currently support.

For context, Arweave has processed over 3.2 billion transactions to date, reaching an 18-month high for its native token, AR, with its market cap going over $1 billion in the past week. The token is trading at $16.13 at the time of writing, per CoinGecko data.

To date, the total data processed from over 192,000 addresses is estimated to be 89.7 million gigabytes (79.69 pebibytes).

After reassessing architectures and conducting internal testing, the AO testnet was deployed on over 220 machines globally, with multiple projects already being built.

A core design goal of Arweave AO is enhancing scalability through a modular system architecture that enables parallel transaction processing. The network is powered by a custom operating system called AOS that is compatible with the Lua programming language, aiming to facilitate a wide range of decentralized apps. Arweave AO also leverages advanced data storage capabilities for handling massive datasets like those used in AI modeling and LLMs (large language models).

According to the project’s descriptions, it is fully compatible with the Ethereum Virtual Machine. It also supports blockchain protocols that use WebAssembly binary instruction format for smart contracts.

The current testnet phase is focused on evaluating the Gateway Address Registry (GAR) and Observation Incentive Protocol (OIP), two key mechanisms for ensuring the network can scale while maintaining security.

The GAR serves as a catalog for all gateway operators participating in the network, while the OIP maintains and enhances the operational integrity of gateways on the network. The incentives program issues IO tokens to operators that provide reliable gateways, contributing to a decentralized ecosystem for its users and developers.

Prospective participants are being encouraged to set up their own gateways and experiment on the testnet. This hands-on testing will garner key insights into Arweave AO’s capabilities before its mainnet launch slated this year.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.





Source link

fiverr
Binance

Be the first to comment

Leave a Reply

Your email address will not be published.


*