December 03, 2024 – Today marks a pivotal moment in the realm of artificial intelligence as BasedAI by Based Labs proudly announces the launch of its mainnet. This event signifies a transformative step towards decentralized, private, and secure AI technology.
BasedAI introduces a groundbreaking approach with its peer-to-peer network designed for Zero Knowledge Large Language Models (zk-LLMs), leveraging Fully Homomorphic Encryption (FHE) to ensure privacy in AI computations. The mainnet launch heralds an era where AI can evolve autonomously, free from the constraints of centralized control.
Key Highlights of the BasedAI Mainnet Launch:
- Decentralized AI: The mainnet supports a network where AI operations are decentralized, promoting collective intelligence and reducing reliance on single points of failure.
- Privacy and Security: With zk-LLM functionality and Cerberus Squeezing, BasedAI ensures that data privacy is maintained during AI computations, a pioneering feature in the blockchain AI space.
- Brain Credits and PepeCoin: The system uses Brain Credits, an ERC-20 token, for acquiring “Brains,” which are computational entities on the network. The integration of $PEPECOIN further incentivizes participation, with its burning mechanism adding a deflationary aspect to the tokenomics, potentially driving up its value.
- Global Infrastructure: Based Labs has secured two-year datacenter agreements in Estonia, Iceland, Denmark, Japan, and the United States to support the mainnet clusters, ensuring robustness and scalability.
- User Engagement: Post-launch, BasedAI plans to roll out significant updates, including enhancements to its creature system, multi-creature storage, and social media connectivity tools, fostering a vibrant ecosystem.
Quotes:
Kyle Chasse, crypto influencer, stated, “The launch of our mainnet is not just a technical milestone; it’s a leap towards democratizing AI, making it truly for the people, by the people.”
About BasedAI:
BasedAI is at the forefront of merging blockchain with AI, aiming to create a platform where AI can be developed and utilized with unprecedented levels of privacy, security, and decentralization. The project seeks to empower users and developers alike, providing tools that align with the ethos of open-source and community-driven innovation.
For more information, visit www.getbased.ai, https://x.com/getbasedai
