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What is 0G coin?
Source: BTCHaber Original Title: What is 0G coin? Original Link:
What is 0G?
0G is the world’s first decentralized artificial intelligence operating system. This system is called deAIOS. It is also an AI-focused blockchain. The ecosystem’s cryptocurrency is 0G. Its goal is to make artificial intelligence a product owned by the public rather than a few centralized companies.
It provides the infrastructure necessary for AI to operate on a blockchain. Since the data load on AI is very high, 0G’s blockchain needs to operate much faster than traditional blockchains.
It uses AI Alignment Nodes to ensure the system’s security. These nodes ensure that models behave as they should. The commonly encountered name Zero Gravity represents the creation of a “weightless” environment where data and computations can be carried out effortlessly.
Who is the Founder of 0G?
0G was founded in 2023 by Michael Heinrich, Thomas Yao, Ming Wu, and Fan Long.
How Does 0G Work?
0G uses a modular architecture consisting of four layers. These are known as 0G Storage, 0G Compute, 0G Chain, and 0G DA.
0G Storage: A decentralized network that stores large datasets required for training AI models.
0G Compute: A marketplace where users can sell their GPU power to developers. This, like every other layer, aims to create a more affordable and accessible ecosystem.
0G Chain: A modular blockchain that facilitates the execution process involving artificial intelligence. Traditional blockchains are not designed to process large datasets. 0G Chain specifically addresses this gap. The consensus layer ensures all participants agree on the network’s state. In the execution layer, smart contracts are executed, and AI logic is processed.
Uses and Features of 0G Coin
The 0G coin plays a significant role in the operation of the 0G ecosystem. It is known both as a utility (service) and as a gas token. It is also compatible with EVM (Ethereum Virtual Machine).
It is used as a gas token for all transactions on the 0G Chain. Users who want to acquire GPU resources from 0G Compute also need 0G coins. Additionally, users can stake 0G to participate in the network’s consensus mechanism.
The total supply of this cryptocurrency, which is 1 billion 0G tokens, is distributed as follows:
How to Buy 0G Coin?
To buy 0G, you first need to create an account on a cryptocurrency exchange. Then, complete the identity verification process of your account. To complete the purchase, you must have a balance in your wallet. If you don’t have a balance, you can choose payment methods such as bank transfer or credit card.
General steps to buy 0G coin on an exchange:
Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading activity involves risks, and readers should conduct their own research when making decisions.