Build Infinitely Scalable Decentralized AI-centric Solutions With Autonomys
With no central bank or other form of centralized governing body overseeing it’s control and distribution, Bitcoin continues to defy the odds as a currency and measure of value, not just in the aspect of the higher price — 1 bitcoin is nearly equal to $100k as at the time of writing — but also in the ease of use and speed of transacting.
Many believe there are a good number of industries also in need of a radical revolution; one similar to the one that the worldwide financial services industry started to undergo in 2009 — the year the first bitcoin transaction took place.
One of these entities is Autonomys: A technology utilizing blockchain technology that is built to scale and is AI focused. They believe that the AI industry in it’s current state is too centralized and isn’t designed to deliver results in real time — they believe it’s just a little bit slow.
Here’s a fun fact— AI chat bots are presently the way most people interact with AI, They get their “knowledge” on topics people ask them through large amounts of data that is either available on the internet or uploaded to their servers. They need to be updated else they start to deliver false/inaccurate insights. These insights might not actually be wrong but just because they are old, they become useless, think of a doctor who has worked for 15+ years but due to a freak accident, only recalls memories from her childhood. She’ll undeniably be declared unfit to work.
AI relies on “past” data so to speak because unless it can read the data in it’s database, it has no knowledge of it. The advent of IoT (Internet of things) technology is changing the game in collaboration with blockchains. AI can now have access to huge relevant sources of data in real time/as it’s happening. This will inevitably enable AI entities to become more efficient at their tasks as valuable data is generated on a minute by minute basis in todays fast-paced world.
I want to dissect Autonomys by talking about it using 3 key points:
1. The Base Layer.
2. Domains.
3. Consensus Mechanism.
Although the technology is much more complex than that, I believe this approach will enable me highlight the best parts of the decentralized network.
1. The Base Layer: After years of independent research, the team behind Autonomys was able to crack the blockchain trilemma: Essentially they found a way to achieve decentralization on a blockchain network without sacrificing scalability or security. The entire blockchain — called the Subspace Protocol — is modular, which makes a lot of sense, it means different parts are devoted exclusively to specific tasks; like workers in a large factory. The base layer can also be called the consensus layer as it is here that network storage and consensus processes take place. Transaction execution is reserved exclusively for the domains which we will talk about next.
2. Domains: These behave exactly like rollups that rely on the base layer for consensus and security but handle transaction execution all on their own. They actually are the main ingredient that enables Autonomys to scale as new domains can be spawned frequently and quickly. Domains can have custom runtimes tailored for specific application needs.
3. Consensus Mechanism: Autonomys utilizes Proof of Archival Storage to maintain consensus. All participants (farmers) who “agree” must store a part of the blockchain’s historical data. (Mind you, this happens on the Base layer, just differentiated it so I can describe it better.) To be eligible to produce a block, a farmer must have stored their part of the history — which is assigned at random by the algorithm to all farmers and masked it, (masking in this context is the designation of an ID to a piece of historical data). Producing the raw historical data alongside the masking data makes a farmer eligible for subsequent block production.
The synergy between these components and others making up the Autonomys network make it uniquely equipped for AI bots and applications. Autonomys was created to assist builders with a decentralized platform for AI solutions. It is incredibly secure, offers data availability and scales like a motherfucker (pardon my French).
One specific AI solution put forward by Autonomys is the introduction of autonomous AI agents who “enhance instead of diminish human autonomy”. These AI agents can be trained on specific functions by individuals and designed to perform everyday tasks on their behalf, saving them time and effort. I think that would be very fun to experience.
I’m already tired of hearing that “AI is the future” and yada, yada, yada. The jury’s still out on the whole AI taking over human jobs but we can’t deny that AI has tremendous benefits and drawbacks alike. Proper understanding is still lacking in many ways and I think education and sensitization is what will eventually level the playing field for the most part. AI shouldn’t be reserved just for a select group of corporations and individuals, I think decentralization can do the field a lot of good. Drops pen.
Read up more about Autonomys here.
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