rewrite this content using a minimum of 1000 words and keep HTML tags
Alisa Davidson
Published: November 20, 2024 at 5:56 am Updated: November 20, 2024 at 5:56 am
Edited and fact-checked:
November 20, 2024 at 5:56 am
In Brief
Aethir has partnered with LayerZero to integrate omnichain features into its DePIN stack and support its development on Sophon chain.
Decentralized cloud computing platform Aethir announced a partnership with the interoperability protocol LayerZero. This collaboration aims to integrate omnichain features into the Aethir Decentralized Physical Infrastructure Network (DePIN) stack and facilitate its development on the Sophon zero-knowledge (ZK) chain.
LayerZero’s technology facilitates the transfer of data across different blockchains, enabling censorship-resistant messaging and permissionless development through immutable smart contracts. As a verification-agnostic transport layer, LayerZero allows smart contracts on various blockchains to interoperate. It functions as a fully connected mesh network that is independent of any specific infrastructure or blockchain. LayerZero serves as an omnichain protocol, giving developers the flexibility to create unified applications with customizable security parameters. By using LayerZero, developers can send messages across blockchains while maintaining full control over their application’s security. This technology enables the creation and configuration of unified applications, tokens, and data structures, regardless of the underlying blockchain.
Aethir’s cloud computing ecosystem supports a range of major AI and gaming companies that utilize Web3 technology across various blockchains in their operations. With the integration of LayerZero, Aethir’s DePIN stack will shift to a multichain network infrastructure, simplifying the migration of Aethir’s GPU infrastructure to Sophon’s ZK chain.
As part of the ATH token migration test phase, the ATH token will be available on ZKsync as an Omnichain Fungible Token (OFT). LayerZero’s omnichain technology will ensure a seamless transition of ATH token rewards for Checker Nodes and Aethir Edge operators from the Arbitrum Layer 2 network to Sophon, while maintaining network stability and providing a smooth experience for the Aethir community.
In addition, Aethir will leverage the Stargate omnichain liquidity protocol as a blockchain bridge to enable users to perform easy cross-chain swaps of ATH tokens. Aethir is currently working on technical integrations to enhance the user experience across all areas of its GPU infrastructure. Stargate will allow users and decentralized applications (dApps) to transfer native assets between blockchains while accessing unified liquidity pools with instant, guaranteed finality. Any transfer initiated on the source chain through Stargate is assured to reach its destination.
Aethir Unveils $100M Ecosystem Fund And Catalyst Program To Bolster Project Growth Across Gaming And AI
Aethir is a cloud computing infrastructure platform that aims to transform how enterprise-grade GPUs are owned, distributed, and utilized. It focuses on optimizing GPU resources for industries that require computational power, such as AI, machine learning, and cloud gaming.
Recently, Aethir introduced a $100 million Ecosystem Fund to support the growth of projects within the AI and gaming sectors. The first phase of the Ecosystem Fund features Aethir Catalyst, a new grant initiative designed to assist enterprises launching new products in AI and gaming. This initiative aims to accelerate the development of advanced AI applications, cloud gaming platforms, and AI-driven gaming experiences.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this
Source link
:max_bytes(150000):strip_icc()/Health-GettyImages-1460280141-51655da6c2564a7ba50a2e7b4cb2de01.jpg?w=75&resize=75,75&ssl=1 "rewrite this title Eating Seafood Can Put You at Risk for Mercury Toxicity. These Are the Signs and Symptoms To Know")
