Hey! A short research report on the Layer3 protocol project #Camelot based on #Merlin !
Camelot aims to build a scalable Layer3 platform on the #Merlin chain, focusing on DePIN (decentralized artificial intelligence training) for AI.
- Merlin endorsement: MerlinSwap recently ended its IDO, over-raising $500 million $BTC , which caused a sensation.
- DePIN track: Use blockchain to encourage users to share personal resources and build a unique physical infrastructure network. This network combines physical and digital resources, which is very different from the traditional Internet. Simply put, everyone can share their own devices or resources through blockchain and gain benefits from it.
- Solving problems in AI: AI has become as important as the Industrial Revolution. Amid the wave of anti-globalization, computing power has become a scarce or monopolized resource. The current AI industry is highly concentrated, with major technology giants controlling most of the computing power and proprietary data sets. This power hierarchy creates huge barriers to entry for newcomers and forms data silos, limiting the democratization of AI. Traditional cloud-based AI training platforms also have challenges in data privacy and control, with users having low visibility and control over their data and training process, and are vulnerable to single points of failure.
Ordinary users can contribute to AI computing by sharing GPU computing resources, using the public chain's POC consensus mechanism to receive token $CLOT rewards. Users who need to train AI models can purchase computing power to form an economic cycle.
