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October 26, 2024

Understanding Cryptocurrency Wallets Copy

3
Min Read
BY
AUTONOMYS

What is a Cryptocurrency Wallet?

A cryptocurrency wallet is a digital tool that allows users to store, send, and receive cryptocurrencies. There are various types of wallets, including hardware, software, and paper wallets, each with its own advantages and disadvantages.

Choosing the Right Wallet

When selecting a wallet, consider factors such as security, ease of use, and compatibility with different cryptocurrencies. A secure wallet is essential for protecting your digital assets.

"Choose wisely to safeguard your investments."
October 24, 2024

From Singapore to NYC & SLC: AI3.0 Dominates at TOKEN2049, Mainnet 4 and Permissionless III

3
Min Read
BY
AUTONOMYS

In a series of global gatherings, the Autonomys Network marked its presence from the bustling streets of Singapore to the energetic stages of New York City and Salt Lake City. These events — TOKEN2049, Mainnet by Messari, and Permissionless III — not only underscored the importance of web3 but showcased how the concept of decentralized AI (deAI) has taken center stage. The conversations and innovations around AI continue to solidify the Autonomys Network’s position as a critical infrastructure layer for AI3.0 — a future that depends on autonomous, decentralized intelligence.

TOKEN2049: A Bold Vision for Decentralization Amid a Centralized World

At TOKEN2049 in Singapore, the Autonomys Network found itself amid more than 20,000 participants, engaging in over 800 side events, networking sessions, and industry panels. The event spotlighted emerging trends in scalability, user adoption, and AI-driven technologies. However, while the excitement around decentralization was palpable at TOKEN2049, the influence of traditional financial systems was unmistakable. Despite the immersive web3 discussions, participants found themselves closely following the Federal Open Market Committee (FOMC) announcement on September 18th that the Fed was lowering the federal funds rate by 0.5%. This decision served as a reminder of how even the most decentralized innovations remain interconnected with the centralized monetary policies that steer global economic conditions​. Since investors and markets are influenced by these policies, changes in interest rates can impact the flow of capital into decentralized assets, indirectly affecting their value and adoption.

As AI becomes increasingly integrated into blockchain technologies, Autonomys is positioned to play a key role in providing the infrastructure needed for autonomous systems to operate at global scale. Built as the foundation layer for AI3.0, the Autonomys Network is uniquely able to ensure privacy, security, and scalability for developers and users. Discussions with various partners in Singapore reinforced this vision, laying the groundwork for collaborations that will shape the emerging AI3.0 ecosystem.

Mainnet by Messari: Connecting with Institutional Visionaries

(Photo Credit @MessariCrypto: https://x.com/MessariCrypto/status/1842284516024709481)

New York City’s Mainnet conference, hosted by Messari, provided an unparalleled platform to engage in dialogues that spanned DeFi, enterprise adoption, and the intersection of web3 and AI. The Autonomys team used this opportunity to strengthen our investor relations and networking channels with key industry players. The Crypto Finance panel on institutional adoption echoed Autonomys’ goals — building the infrastructure that will bring institutions to decentralized ecosystems.

The conference’s exploration of how AI and web3 converge sparked dynamic conversations, particularly around AI’s role in enhancing blockchain efficiency and intelligence. At the forefront of this convergence, Autonomys is positioned as a leader capable of delivering scalable, secure, and decentralized AI solutions. The discussions also highlighted that, as regulatory clarity evolves, projects like Autonomys are well-equipped to offer institutions the reliable, secure, and decentralized tools they need to engage with AI technologies on their terms.

Permissionless III: The Age of DeAI is Here

Salt Lake City’s Permissionless III was another significant event, where the global deAI ecosystem took center stage. The Autonomys Network was right at the heart of it, emphasizing its role in the AI movement. Head of Engineering Jeremy and Chief of Staff Chris were interviewed on multiple podcasts that will be released over the coming weeks.

The dedicated deAI day captured the interest of participants by exploring agent-based AI systems and the infrastructure necessary to support them. Key conversations underscored the importance of decentralizing AI to ensure that future intelligence systems are transparent, secure, and scalable — a vision that the Autonomys Network has been championing via our hyper-scalable deAI infrastructure stack encompassing high-throughput permanent distributed storage, data availability and access, and modular execution.

The conference highlighted projects like Morpheus, 6079, and Wire Network, all of which are contributing to building decentralized AI infrastructures. As Proof-of-Inference technologies gain traction, these efforts signal a broader shift toward decentralized AI ecosystems. The Autonomys Network, with its robust consensus mechanism and data architecture, is uniquely positioned to not only support these infrastructures, but also empower a wide range of AI applications. From decentralized marketplaces to autonomous trading agents, the Autonomys Network serves as the foundation layer that will enable scalable, secure, and truly autonomous systems to thrive.

Conclusion: The Path Forward for AI3.0

At TOKEN2049, Mainnet, and Permissionless III, the Autonomys Network made it clear that its focus is on building the real infrastructure needed for AI3.0. Rather than just riding the wave of AI hype, the Autonomys Network is committed to creating the essential systems that will support deAI development at scale — ensuring privacy, security, and efficiency are built in from the ground up.

These events reinforced a simple truth: the future of AI will require decentralized solutions, and Autonomys — the foundation layer for AI3.0 — is set to be a major player. With a sharpened focus on addressing the most prominent and promising web3 verticals of both today and the foreseeable future, the Autonomys Network has positioned itself to tackle the core challenges of deAI, ensuring its relevance and impact for years to come.

October 24, 2024

Autonomys x Compute Labs: Financializing GPUs with RWAs for AI3.0 Training

3
Min Read
BY
AUTONOMYS

Autonomys is pleased to announce a strategic partnership with Compute Labs, a leading compute tokenization platform building a DeFi ecosystem around cutting-edge GPU real-world assets (RWAs). Compute tokenization is the process of converting computing resources into digital tokens that can be traded or utilized on-chain.

Compute Labs is at the forefront of financializing AI infrastructure, and is thus a natural fit for Autonomys’ vision of the AI3.0 ecosystem. Our collaboration is a step towards our projects’ shared goal of revolutionizing how AI applications are developed and deployed, by democratizing access to advanced AI infrastructure.

Key Aspects of the Partnership

  • Cutting-edge GPU Access: When Autonomys launches its domain layer in early 2025, Compute Labs will be well-equipped to provide cutting-edge GPU compute to AI training domains, allowing developers to build and deploy advanced AI models on the Autonomys Network.
  • Compute Liquidity: Compute Labs will bring significant compute liquidity to Autonomys via its tokenized compute protocol. Developers will be able tap into its scalable pool of computing resources as needed, fostering innovation and accelerating project timelines, and enabling a greater number of AI3.0 applications.
  • AI-Fi x AI3.0: Compute Labs’ AI-Fi ecosystem will provide Autonomys users with a diverse selection of compute assets and derivatives to earn yield on as part of Autonomys’ AI3.0 ecosystem.

“We’re thrilled to collaborate with the Autonomys Network, providing their network’s developers with the GPU resources they need to efficiently deploy advanced AI models.” Albert Zhang, Founder of Compute Labs

“Autonomys developers are set to benefit significantly from our integration with Compute Labs. Their provision of large numbers of advanced GPUs will allow for the cost-effective training of AI models, and scalable development and deployment of AI3.0 applications, while their AI-Fi ecosystem offers unprecedented DeFi opportunities to the Autonomys community.” Parth Birla, Head of Partnerships at Autonomys

About Compute Labs

Compute Labs is a real-world asset (RWA) tokenization protocol building a financial ecosystem for compute as a new asset class. Using blockchain technology, their AI-Fi ecosystem offers secure and verifiable liquidity for tokenized compute RWAs, derivatives, swaps, lending and perpetuals. Compute Labs unlocks new opportunities for investors to earn yield by leveraging its integration of financial markets and AI compute resources.

X | LinkedIn | Discord | Telegram | Blog | Docs

About Autonomys

The Autonomys Network — the foundation layer for AI3.0 — is a hyper-scalable decentralized AI (deAI) infrastructure stack encompassing high-throughput permanent distributed storage, data availability and access, and modular execution. Our deAI ecosystem provides all the essential components to build and deploy secure super dApps (AI-powered dApps) and on-chain agents, equipping them with advanced AI capabilities for dynamic and autonomous functionality.

X | LinkedIn | Discord | Telegram | Blog | Docs | GitHub | Forum | YouTube

October 24, 2024

Introducing Peter Nguyen — Chief Marketing Officer

3
Min Read
BY
AUTONOMYS

Peter Nguyen is a seasoned marketing leader with 15 years of experience across various industries, including finance, technology, and blockchain. With a unique ability to blend traditional marketing strategies with emerging web3 trends, Peter has led campaigns for some of the world’s top brands, including Coca-Cola, Nike, and General Motors. His extensive background in blockchain marketing, highlighted by his work with projects like Telos, makes him a key driver of growth at Autonomys Network.

As the Chief Marketing Officer at Autonomys, Peter spearheads efforts to grow and engage the community while positioning Autonomys as a leader in decentralized AI. His expertise in brand development, community building, and product marketing allows him to lead innovative campaigns that align with Autonomys’ mission of decentralization and autonomy in web3.

Peter Nguyen is available for speaking opportunities and commentary on the following topics:

  • Marketing strategies for web3 and blockchain
  • Brand development in decentralized ecosystems
  • Community building and engagement in web3

Connect with Peter on socials:
X: https://x.com/Peter_NXI
LinkedIn: Peter Nguyen

For booking inquiries, please contact: chris@autonomys.xyz

October 24, 2024

The Phases of Mainnet

3
Min Read
BY
AUTONOMYS

Autonomys is pleased to announce our phased mainnet launch strategy. In two weeks, we will enter Phase-1: launching the consensus and storage layers of the Autonomys Network, having completed thorough testing on our final incentivized testnet Gemini 3. While your rewards (4.8% of total token supply) are being calculated and added to previous testnet earnings, and the network’s tokenomics finalized, this is the perfect time to optimize your farming setup.

Stake Wars 2, our domain stress-testing initiative, achieved its intended purpose of rigorously challenging our network. The insights gained from this exercise have been invaluable, revealing critical areas in domains and cross-domain messaging (XDM) that need further refinement and testing to ensure the stability and security of the network. Rather than delaying the launch entirely, we’ve opted for a novel staged launch approach.

Roadmap Update

  • Phase-1 launches the consensus and storage layers in early Q4 2024.
  • Phase-2 launches the domain (decoupled execution) layer in Q1 2025.
  • Phase-3 implements our scalability roadmap over the course of 2025.

Owing to Autonomys’ modular design, we are able to decouple the release of the consensus layer from that of the execution layer. Autonomys’ PoAS consensus has long been stable, while domains are still being rigorously tested. We are first launching the core consensus chain to allow farmers to begin bootstrapping storage for the network, earning mainnet rewards, producing blocks, and securing the network’s foundation.

In parallel, we will continue to implement the necessary fixes and enhancements for the subsequent launch of our domain layer of decoupled execution environments, targeted for early Q1 2025. Mainnet Phase-2 domains will include Nova, our first EVM domain, and Auto ID, our self-sovereign identity and proof-of-personhood framework. Phase-2 will also enable token transferability.

Phase-3 will focus on increasing the network’s bandwidth (how much data can be uploaded to the network) via data sharding, and the building of tailored domains for specific use-cases. Further details of our scalability roadmap will be released in the coming weeks.

Our community deserves nothing less than a network capable of supporting the ambitious vision we have set forth. While aspects of this change in approach may differ slightly from our original plan, we remain steadfast in our commitment to delivering a complete network that is nothing short of exceptional.

Mainnet Phase-1

Mainnet Phase-1 — launching the consensus chain — will initiate storage pledging and block production in order to secure the network. In order to prepare for Phase-1, the team is conducting the final:

  • Genesis block calculations.
  • Infrastructure setup and testing — everything from bootnodes to RPC servers.
  • Consensus protocol security audit with SR Labs.

At the same time, we’ll be involving the community in various dress rehearsals for mainnet launch — more details on how to participate coming soon!

Gemini 3

In anticipation of the launch of Mainnet Phase-1, Gemini 3 — our longest-running testnet — will end on September 18th. Its final iteration Gemini 3h peaked at 10,000+ concurrent nodes and 150PiB+ space pledged, and currently maintains 5,000+ nodes and 139PiB+. The end of Gemini 3 will allow us to begin final preparations on our tokenomic distribution chart and breakdown. Incentivized testnet rewards will be minted in the genesis block deployed at Phase-1 launch. Token transferability will be disabled during Phase-1.

Gemini will be replaced by a new, persistent testnet (internal codename Taurus) for domains following Mainnet Phase-1. This network will include all of our updates and serve as a testing ground for our Phase-2 launch of domains. We invite the community to suggest a name for this new testnet.

Genesis Data Contest

Next week, we launch the Genesis Data Contest where we’ll invite community members to submit any data they want to see preserved forever as part of the initial seeding process. Stay tuned for details on the rules, mechanics and how to participate. Our favorite submissions will be rewarded with some fantastic new Autonomys merch.

Subspace Foundation

The Subspace Foundation Council — responsible for stewarding the growth and development of the protocol and its ecosystem — is now operational with three internal and two external representatives focusing on token distribution preparation and testing on-chain protocol governance. On a celebratory community call, the Subspace Foundation will begin the Mainnet Phase-1 launch by holding a Proof-of-Time ceremony to ensure we base our network’s entropy on a beacon of randomness.

Space Race

Following the initial launch and deployment of community-contributed seed data, the Space Race — which activates farming rewards — will commence. Our Mini Space Race in February this year proved incredibly popular with the farmer network, so we’re expecting to see an even greater level of buzz and excitement when we launch the real Space Race — now with mainnet rewards!

Stake Wars 2.1

We will of course still need to test all the changes to domains we’ve made, including multi-domain operations, cross-domain messaging, storage fee funds, and scalability improvements. To that end, Stake Wars 2 will restart on Taurus in late Q4 (if all goes to plan). A successful Stake Wars 2 will pave the way for the Mainnet Phase-2 launch, which will deliver execution through domains, as well as token transferability.

Autonomys Network Whitepaper

Autonomys Labs and the Subspace Foundation have authored a new whitepaper that will be released in the next few weeks. The whitepaper outlines the Autonomys Network AI3.0 stack and Auto Suite, as well as our philosophy of radical autonomy, describing tangible steps towards its culmination in the Age of Autonomy. It builds upon the legacy Subspace Protocol whitepaper and Dilithium consensus research paper, illustrating how our protocol has evolved to achieve our goals in a decentralized and permissionless way, and offering a comprehensive vision of its future utility.

Product & Protocol Updates

We continue to make significant development progress across the Auto Suite, Autonomys Network, and Subspace Protocol. Highlights include:

Space Acres — our desktop farming application; Astral — our block explorer and staking interface; and Auto SDK have recently undergone significant technical and user experience improvements. Not only have the problematic processes we identified during Stake Wars 2 been fixed, but all products are now much more effective, feature-rich and intuitive to use. Space Acres is now macOS-compatible and supports Chinese, Russian and German; and very soon, Astral will allow you to view your consolidated rewards across all the incentivized testnets and Stake Wars. We’ll be providing updates on progress as we prepare this new tool so watch this space. Meanwhile, Supranational has delivered the code for our official GPU plotter with a reported 50x increase in performance over Threadripper CPUs. Nazar is diligently integrating this feature into our monorepo codebase, so we’re expecting a quick turnaround on implementation.

The Protocol team has extended snap sync — meaning domain operators in addition to farmers can now get up and running in less than an hour — and is also developing new features for efficient data retrieval from the distributed storage network. Pre-launch bug fixes and performance optimizations for fraud proofs and cross-domain messaging are ongoing. The Research team continues to refine our scalability roadmap, with a focus on supporting future AI use cases, and is conducting a comprehensive comparison between our scalability design and state-of-the-art designs in the industry to showcase our unique advantages.

Partnerships & Marketing Updates

Our ecosystem growth strategy focuses on two main segments:

  • AI3.0 stack: Includes deAI dApps/protocols for agent training and inference, data creation and crowdsourcing, and synthetic intelligence.
  • Web3 x AI infrastructure tooling: Includes interoperability solutions, oracles, and active wallets in order to provide a comprehensive environment for dApps and agents.

As we move closer to mainnet launch, we welcome any connections and suggestions for partnerships, particularly bridging partners for cross-chain instant messaging.

Autonomys has finalized our event marketing strategy for 2024 and will be in attendance at TOKEN2049 in Singapore, Mainnet by Messari in New York City, Permissionless III in Salt Lake City, and Devcon 7 in Bangkok.

Over the last month, our CEO Labhesh participated in BraveNewCoin’s Crypto Conversation podcast and Alumni Ventures’ Unleashing Web3 & AI: The Next Digital Revolution webinar, and has upcoming appearances on Messari’s Unqualified Opinions and Tokensoft’s The Fren Zone. Community Lead Fradique has been interviewed by André Franco, Head of Research at Mercado Bitcoin, the largest crypto exchange in LATAM, and Brazil’s leading crypto influencer, on their Francamente Crypto podcast, while Head of Research Chen and Protocol Engineer Ning will be co-hosting a X Space in Chinese with AIWeb3 DAO on Saturday 8th September.

Conclusion

It’s been a long journey to get to this point, and we are incredibly excited to be launching so soon. We hope you will join us through the end of the testnet and onto the mainnet, where early farmers will benefit from both the highest block rewards available on our dynamic issuance rewards curve, and the most level playing field, as the network resets to give everyone a fair start.

Thank you for your continued support and patience during this critical phase. We remain committed to delivering the robust infrastructure needed to establish the Autonomys Network as a cornerstone of the decentralized AI ecosystem. We look forward to sharing more developments as we approach our phased launch.

October 24, 2024

Introduction to AI3.0 & The Age of Autonomy

3
Min Read
BY
AUTONOMYS

What do we mean when we say Autonomys is the Foundation Layer for AI3.0? At Autonomys, we contend that the evolution of AI can be categorized into three broad phases, each characterized by a unique relationship between humans, decentralization and AI:

  • AI1.0 | Centralized ML: Deep learning becomes widespread as developers are able to build models with the likes of TensorFlow and PyTorch running on cloud computing provided by Big Tech. Humans are primarily passive consumers of AI technologies, interacting with narrow, rule-based systems designed for specific tasks.
  • AI2.0 | Centralized Generative AI: Large language models (LLMs), such as ChatGPT, Gemini and Claude, emerge alongside other Generative AI technologies built by Big Tech. Humans are offered more interactive AI experiences, albeit still through platforms controlled and deployed by centralized entities.
  • AI3.0 | Decentralized Human-centric AI: Open, accessible and collaborative web3-enabled AI model, app and agent development and deployment. Decentralization ensures a transparent, composable and secure ecosystem where innovation thrives. Humans not only interact with AI, but customize, train and deploy their own highly personalized Autonomys agents to act on their behalf, blurring the boundary between AI creator and consumer. The Age of Autonomy is the culmination of this paradigm.

The Age of Autonomy

Throughout the history of technological development, humanity has consistently striven for the same fundamental needs to be fulfilled: safety, including both physical and resource security; connection, be it physical or emotional, to fellow humans or cultural collectives; and prosperity, through self-improvement and socioeconomic development. Many experts have discussed AI’s impact on human safety, connection and prosperity. Autonomys is using these three fundamental human desires as guiding principles to propose a human-centric vision of a post-AI-revolution future.

In today’s world, one’s safety and prosperity are mediated largely by one’s access to economic resources. As job security becomes progressively more threatened by the advent of sophisticated AI, we should evolve our contemporary economic systems with continued human relevance and agency in mind. This can be achieved through widening global access to permissionless incentivized contribution networks, and by augmenting human capabilities with personal AI agents that seamlessly interact and collaborate in a verifiable way — all free of centralized control.

The trajectory of AI development is trending towards the training and running of smaller, specialized AI models on personal edge devices. When integrated into every action taken on a personal device, these AI will have the context of all knowledge about the device’s owner, including past and present interactions with other people or services; personal preferences in entertainment, food, clothing and partners; health metrics; financial statements; political allegiances; and everything else that has ever gone through the device. Coupling access to complete contextual data with agentic capabilities transforms personal AI into personal agents that can represent you online and act on your behalf — booking medical visits and vacations, ordering groceries, coordinating meetings, managing money, or participating in governance. Crucially, personal agents will be able to analyze and filter the endless information streams around us — insurmountable for a single person to process — aiding in our decision-making.

It is prudent to estimate the emergence of at least as many agents online as there are smartphones. Practically, we can expect each person and business to have multiple specialized AI representatives. This global mesh of billions of agents will communicate and exchange funds with each other online and with service providers via agent-specific permissioned actions. Humans and agents will need to be able to verify whether the AI they are interacting with within this autonomous agent economy are truthfully representing themselves as agents of particular individuals or organizations.

The Autonomys-facilitated agent economy will foster a rich ecosystem of human and AI collaboration. Autonomys’ development platform will provide cutting-edge tools for individuals and organizations to train and deploy agents, acquire highly valuable technological skills, and amplify their potential. Autonomys agents will be able to exchange mutual authorizations via blockchain to provide real-world goods and services, while humans maintain oversight of and control over them. This dynamic creates new avenues for entrepreneurship and value generation as individuals and organizations leverage AI capabilities to augment their own skills and offerings. Autonomys’ vision preserves humanity’s economic relevance by emphasizing domains where the unique human capacity for creativity, emotional intelligence, and complex problem-solving has not been replicated by AI.

In contrast to predicted futures populated by a universal basic income (UBI)-dependent humanity subject to a diminished human agency and economic relevance, Autonomys champions radical autonomy through incentivized participation and contribution to a self-sustaining ecosystem, inspired by Ethereum’s pioneering model. We recognize human potential as a dynamic force that can be continually expanded through education, technological integration, and innovative socioeconomic systems.

By empowering individuals with self-sovereign digital identities, control over their data assets, and tools for safe AI collaboration, Autonomys is forging a future where humans and AI coexist productively and harmoniously. This new paradigm not only preserves human economic relevance but amplifies our collective potential, ushering in an era of unprecedented innovation, creativity, and shared prosperity.

About Autonomys Network

The Autonomys Network — the foundation layer for AI3.0 — is a hyper-scalable decentralized AI (deAI) infrastructure stack encompassing high-throughput permanent distributed storage, data availability and access, and modular execution. Our deAI ecosystem provides all the essential components to build and deploy secure super dApps (AI-powered dApps) and on-chain agents, equipping them with advanced AI capabilities for dynamic and autonomous functionality.

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