Irys Unveils a Groundbreaking Programmable Datachain Designed for AI
Irys Unveils a Groundbreaking Programmable Datachain Designed for AI
Today, Irys announced the launch of its testnet for the first-ever programmable datachain. Optimized for AI, Irys combines a low-cost storage layer with an EVM-compatible execution layer, addressing critical bottlenecks endemic to existing blockchain infrastructures.
Innovation in Blockchain Infrastructure
The introduction of Irys brings a significant leap in blockchain capabilities. Unlike traditional blockchains such as Ethereum and Bitcoin, which focus on payments and smart contracts, Irys provides scalable storage solutions designed explicitly for the demands of AI.
Key Features of Irys Datachain
- Native Storage + Execution: Irys's EVM-compatible execution layer, IrysVM, offers a seamless transition to programming data.
- 100,000 Data Transactions Per Second: Significantly faster than its competitors, making it suitable for high-volume AI applications.
- Hybrid Consensus Model: Combining Proof of Work with staking to ensure verifiable data storage.
Market Impact and Future Prospects
By addressing the growing needs of data-heavy AI projects, Irys is poised to become a pivotal player in the blockchain ecosystem. With partnerships from major players in the field, Irys aims to reshape how data is stored and accessed.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.