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Swan Chain’s Path to Revolutionizing Decentralized Storage and AI

Must Read

  • Swan Chain’s EVM-compatible Layer 2 community combines Filecoin’s decentralized storage resolution with synthetic intelligence and zero-knowledge marketplaces, revolutionizing AI and Web3.
  • Since launching its testnet, the community has processed over 125 million transactions for 22 million pockets addresses, with its neighborhood throughout a number of interactive channels skyrocketing.

A blockchain community lives and dies by the power of the tasks constructing on its infrastructure, and by this metric, Filecoin is prospering. A number of tasks are attracting thousands and thousands whereas leveraging its decentralized storage options, with Swan Chain being one of many standouts.

Swan Chain is a Layer 2 community suitable with the Ethereum Digital Machine (EVM) that faucets Filecoin’s decentralized storage resolution and combines it with AI options and zero-knowledge expertise. Along with storage, it permits customers to combine decentralized computing, bandwidth and funds in a single suite.

Filecoin Ecosystem Highlight! ⭐@swan_chain is a Layer-2 EVM-compatible AI blockchain​ constructed with OP Stack expertise that revolutionizes Web3 and AI integration by providing complete options that seamlessly mix decentralized storage built-in with #Filecoin and… pic.twitter.com/v5iqExz7Dp

— Filecoin (@Filecoin) April 2, 2024

Swan Chain has been in improvement since early 2021. Nevertheless, on the time, it was referred to as FilSwan. Over time, it has developed and broadened its focus past decentralized storage options. In September final yr, FilSwan rebranded to Swan Chain because it expanded into computing and AI.

Swan Chain Leverages Filecoin to Remodel AI

Swan’s merchandise have a number of sides, with its integration of the Filecoin decentralized storage options one of the crucial important. It leverages its purchasers to switch information to the Filecoin storage suppliers, with its multi-chain storage system using Filecoin as an archival layer. This ensures that every one important information is backed up securely throughout a number of Filecoin nodes.

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Swan additionally leverages Lagrange, an information administration system ruled by the Lagrange DAO, to retailer every kind of information utilizing Filecoin’s multi-chain storage.

One other important side of Swan’s implementation is its Zero-Data Common Primary Revenue (zk-UBI) Program. Via this system, it leverages its computing sources to help Filecoin’s zero-knowledge proof computations. This permits storage suppliers within the Filecoin ecosystem to outsource computation duties that require huge computation sources to Swan’s computing suppliers, as outlined within the video beneath.

Swan is at present in its Saturn testnet, which it launched in late January. Except for unveiling zk-UBI, the testnet supported the launch of the Swan Orchestrator, a decentralized computing resolution that now boasts over 70 computing options suppliers who’ve collectively deployed over 50,000 AI mannequin containers.

Via the testnet, Swan has additionally launched developer grants to spice up ecosystem progress and instruments for extra accessible constructing, together with the Swan Orchestrator SDK and the Lagrange SDK.

Swan’s merchandise have been immensely well-liked because the rise of AI leaves most firms in need of computing sources. Since its launch, it has processed over 125 million transactions. Its 22 million customers have deployed over 692,000 decentralized software contracts within the final 24 hours alone.

The platform’s revolutionary options have additionally attracted a few of the world’s largest tech giants, together with Google and Microsoft, and now lengthen to over half a dozen different blockchain networks, together with Polygon and OORT.

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