Arweave has officially introduced its AO platform on the main network after a year of extensive testing. This innovative platform specializes in decentralized computing, showcasing impressive parallel processing features and leveraging Arweave’s robust data storage capabilities. With this launch, users can now trade AO coins, which come from a capped supply of 21 million coins allocated to AR holders and participants from the testnet.
What Distinguishes AO from Other Platforms?
The AO platform is branded by its developers as a “hyper-parallel computer,” capable of executing multiple processes simultaneously on the blockchain. This unique computing strength derives from Arweave’s permanent data storage, reinforcing data integrity and enhancing message processing efficiency.
How Will AO Impact the Arweave Ecosystem?
The AO platform is poised to broaden the Arweave ecosystem, drawing in more developers and users alike. It is particularly advantageous for autonomous on-chain assistants and AI applications, which will leverage AO’s parallel processing capabilities. This progression is anticipated to boost demand for Arweave’s storage solutions and foster new opportunities in the ecosystem.
– AO’s fixed supply mirrors Bitcoin, with 21 million coins available.
– 36% will be allocated to AR holders, while 64% promotes ecosystem growth.
– Users can earn rewards by integrating popular altcoins like DAI and stETH.
Prior to launching the mainnet, assets valued at over $700 million had already been migrated to the AO testnet. Now active, users are able to transfer and trade these coins freely.
The AO coin’s primary role involves incentivizing message verification, thereby bolstering the reliability and security of the network on which the AO platform operates.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/arweave-launches-ao-platform-for-decentralized-computing