We’re happy to announce the launch of the Alpha Mainnet Community of the thoughts, a Restaking Layer that makes use of Totally Homomorphic Encryption (FHE) know-how and is designed to extend the safety and effectivity of AI and Proof-of-Stake (POS) networks. With this launch, we goal to resolve crucial points in consensus, knowledge and crypto-economic safety by means of modern FHE know-how that gives a sturdy answer for decentralized ecosystems.
Alpha Mainnet Launch: Key Insights and Expectations
Thoughts Community Alpha Mainnet marks the primary stage which is the FHE Restaking Layer. On this section, we are going to launch and refine the options associated to reseeding.
There are two varieties of swimming pools in our Restaking service: Flexi pool and Membership pool.
Flexi Pool helps versatile deposits and withdrawals at any time. A membership fund would require a hard and fast closing interval with increased returns.
The networks and property initially supported are as follows:
L1 Community: Ethereum
- pufETH (ETH staking asset z Puffer）
- ezETH (ETH staking asset z Renzo）
- eETH (ETH staking asset from Ethe12 months.fi）
- swETH (ETH staking asset from Inflate）
- PT: Fundamental Token (Fundamental token of property staked in ETH on Pendulum)
- pt-pufETH
- pt-eETH
- pt-ezETH
- pt-stETH
- pt-weETH
By utilizing the above property to take part in resaking on Community of the thoughts, customers can earn Thoughts XP and a number of stake rewards from the respective protocols. Keep tuned, we might be working with many companions to launch extra thrilling campaigns within the close to future.
MindXP is Thoughts Community's level system that serves as a metric for contributions to the shared safety of the Thoughts Community ecosystem. Main components embody re-betting participation reminiscent of wager quantity and wager length.
Thoughts XP: https://docs.mindnetwork.xyz/minddocs/restaking-guide/mind-xp
See our tutorials for extra particulars.
Tutorial:https://docs.mindnetwork.xyz/minddocs/restaking-guide/restaking-tutorial
What makes Thoughts Community totally different? Safety yield
Thoughts Community generates new income for the restoration ecosystem by offering knowledge and consensus safety for decentralized AI networks and PoS networks, thereby making certain the sovereign safety of those networks.
Consensus Safety: In AI and PoS networks with smaller validation networks, consensus safety is tough and vulnerable to manipulation and fraud. We use FHE encryption to confirm calculations, guarantee equity and safety within the consensus course of, and forestall validators from influencing one another's outcomes.
Information safety: AI networks usually comprise delicate and high-value knowledge that require strict knowledge safety measures. Thoughts Community makes use of end-to-end encryption that allows encrypted knowledge computation and ensures knowledge privateness and safety in the course of the computation and verification processes.
Cryptoeconomic safety: Tokens invested in AI and PoS networks are sometimes topic to volatility, which impacts the safety of the community. Our resuming answer helps a number of property reminiscent of ETH, BTC and blue-chip AI tokens, decreasing dangers.
Benefits of distant staking
Along with safety provides, Community of the thoughts introduces Distant Restaking to make sure common reordering throughout a number of chains and minimizes the danger and price of cross-chain switch.
- Safe asset administration: Your property stay of their unique blockchain community, decreasing the danger related to cross-chain transactions.
- Various Rewards: By taking part in distant betting, you’ll be able to obtain numerous rewards from the Thoughts Community and the ecosystem you may have wager into.
- Community publish: Your staking actions contribute to the community's safety and validation processes and assist the general well being and performance of the ecosystem.
Distant restaking is an modern service that enables Liquid Restaking Token (LRT) and Liquid Staking Token (LST) holders to take part in staking with out the necessity to bridge tokens to different chains (whereas cross-chain tx remains to be required).
Wanting forward
Community of the thoughtsThe structure is split into three layers:
- Displacement layer: It helps distant restocking of LST/LRT property, offers asset safety, and acts as a restack market offering numerous community safety tokens for subnets.
- Consensus layer: A rollup primarily based on Altlayer and EigenDA, making certain the completion of the FHE verification and consensus course of.
- Safety layer: It consists of a number of unbiased FHE validators that present safe FHE validation companies for the community.
The launch of the Alpha Mainnet marks an vital milestone on our journey to constructing a really dynamic and versatile refactoring layer. Thoughts Community is devoted to pushing the boundaries of what’s potential in decentralized safety. We proceed to develop our partnerships and supported property, making certain our community stays on the forefront of innovation within the blockchain house. Be part of us as we revolutionize the safety and performance of AI and POS networks by means of cutting-edge FHE know-how.
About Thoughts Community
Community of the thoughts is the primary FHE Restaking Layer for PoS and AI networks. Their framework acts as an FHE verification community that brings safe computation and consensus to Bitcoin Change, Decentralized AI, Bridges, EigenLayer AVS, Bittensor Subnet, and lots of crucial PoS networks. The Thoughts Community answer permits verifiable decentralized calculations over encrypted knowledge.
Thoughts Community is backed by Binance Labs, Hashkey, Large Mind, Chainlink and has obtained a grant from the Ethereum Basis for its FHE Ethereum analysis.
For extra info and updates on Thoughts Community improvements, go to their web site and social media:
Web site | Twitter | Medium | YouTube | Github | Gitbook | Contradiction | Telegram
Disclaimer: The knowledge supplied on this article is a part of sponsored/press launch/paid content material meant for promotional functions solely. Readers are suggested to train warning and do their very own analysis earlier than taking any motion associated to the content material of this web site or the Firm. Coin Version shall not be answerable for any loss or harm incurred on account of or in reference to using stated content material, services or products.
