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OKX Ventures announces strategic investment in the first modular AI chain's data availability protocol 0G

2024-03-26 21:50:02

ChainCatcher news, OKX Ventures announced the completion of a strategic investment in 0G. 0G (formerly Zero Gravity) is a programmable high-speed data availability protocol for on-chain artificial intelligence scenarios. This decentralized protocol features large-scale high concurrency and high security.

Whether in scenarios for large-scale applications in the Web3 industry or under the technical framework of the Ethereum mainnet upgrade Proto-Danksharding / EIP-4844, Data Availability (DA) plays a crucial role.

Based on different storage scenarios, such as on-chain storage, off-chain execution, and hardware node upgrades, data availability solutions are competing fiercely. The highlight of 0G is the reduction of transaction costs by 10000%, truly achieving high scalability.

Dora Yue from OKX Ventures stated: "0G achieves a performance throughput of 50GBs with extremely low latency by decoupling storage from consensus. Its innovation lies in helping to solve the capabilities of smart contracts with machine learning through zero-knowledge proof (ZK) + artificial intelligence (AI), optimizing Web3 sectors such as DeFi, security, authentication, Web3 social, and creator economy, leveraging its programmable, high-performance, and scalable characteristics. Against the backdrop of the Ethereum block size being reduced to 25mb, 0G has conducted in-depth cooperation with other public chains like Polygon. Its modular technology stack deployment has been recognized by traditional giants like Microsoft / Meta. The efficient application of on-chain data and the combination of deep neural network computing help the blockchain industry unleash more potential in various technical foundations such as Rollup as a Service (RaaS) and AI integration scenarios. We are very much looking forward to the mainnet launch in the second half of the year!"

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