What is the AO Protocol? Nascent Blockchain AI

Bittime - Arweave introduces the AO protocol, a breakthrough in decentralized computing that combines the power of the Arweave storage network with the power of Actor-Oriented (AO) engines. So, how does the AO protocol work and what does it do? Let's take a look!

What is the AO Protocol?

AO Protocol is a new era in computing with an innovative decentralized architecture, enabling verified parallel execution at scale. 

Simply put, imagine a giant supercomputer divided into many nodes, allowing many processes (smart contracts) to run simultaneously at incredible speeds.

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Main Advantages of AO Protocol

• Verified Compute Execution: Offers unmatched scalability and parallel processing compared to other blockchains, enabling verification of every computational step.
• Decentralized Architecture: Eliminates centralized control, increasing security and network resistance to attacks.
• Permanent On-Chain Data Storage: Leverages Arweave to store data permanently, ensuring long-lasting data accessibility and integrity.
• High Compatibility: Supports various popular programming languages ​​such as Lua, EVM, SVM, and WASM, making it easy for developers to build decentralized applications (dApps) on top of the AO platform.

How Does the AO Protocol Work?

The AO Protocol consists of three main components:

• Messenger Unit (MU): Responsible for receiving and processing information in the network.
• Scheduler Unit (SU): Efficiently schedule and sort information for performance optimization.
• Compute Unit (CU): Carry out parallel computing processes at high speed.

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AOS: Decentralized Operating System

The AO protocol introduced AOS, a special operating system designed for its parallel architecture. Developers can build dApps on AOS using Lua, a language familiar to Roblox and Minecraft developers. In the future, AO will be compatible with code compiled to EVM, SVM, and WASM, opening the platform to more blockchain developers.

Tokenomics $AO

The AO protocol's native token, $AO, launched on June 13, 2024. The token plays an important role in decentralized computing systems, with a focus on fair launch and incentivized tokenomics.

• Fair Launch: There is no pre-mining, and the total supply of 21 million tokens will be distributed over 4 years.
• Incentivized Tokennomics: Designed to create a reliable, scalable and intelligent computing marketplace.

$AO Token Distribution

• Arweave Token Holder (36%): Receive a stream of $AO tokens every 5 minutes.
• Bridge Staking Assets (64%): Includes stETH and SOL.

The Future is Bright for the AO Protocol

The AO protocol is still in the early stages of development, but has already attracted great enthusiasm from the community. The test network has sent more than 211 million messages, and the $AOCRED token surged nearly 50x.

AO's Breakthrough Features for AI

Full LLM: AO is capable of running LLM (Large Language Models) like Llama 3 within its smart contracts, enabling smart financial decisions.

WASM64 support: AO supports WASM64, allowing up to ~18 exabytes of memory at the protocol level.

WeaveDrive: WeaveDrive provides access to data in Arweave as a local hard disk in the AO process, increasing efficiency and scalability.

AO Protocol's Wide Potential

The AO protocol can be applied in a variety of AI scenarios, including machine learning tasks, resource-intensive autonomous agents, complex financial transactions, and data-intensive applications. Its distinctive features position it as a strong contender at the intersection of crypto x AI narratives.

AO: Underrated Early Bet

Compared to the market cap of competitors like Render ($3 billion) and IO ($373 million), AO protocol ($AO) with a fully diluted valuation of $1.8 billion appears to be an undervalued early bet. This shows AO's huge potential to become the next $1 billion opportunity in the decentralized computing and crypto x AI integration segment.

Conclusion

The convergence of blockchain and AI is predicted to be one of the most transformative paradigm shifts in the next decade. AO Protocol is at the forefront, pioneering crypto and AI integration ahead of its competitors. While the future of the AO protocol cannot be predicted with certainty, its potential to play a significant role in the coming crypto x AI revolution is beyond doubt.

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