AO, a brand new protocol constructed on Arweave’s everlasting information storage layer, will launch on June 13, in accordance with a assertion launched on Might 30.
Arweave co-founder Sam Williams described the challenge as “Bitcoin, however a supercomputer on Arweave.”
Tokenomics
AO could have a token that trades beneath the ticker AO. The challenge could have a 100% truthful launch with out pre-mining, pre-sales, or preferential entry. neighborhood members can mint their tokens by bridging to AO, holding Arweave’s native AR token, or constructing.
This strategy ensures the neighborhood has full entry to the token. The full provide will likely be 21 million cash, much like Bitcoin, with a four-year halving cycle.
A non-profit group would run the challenge in accordance with a mechanism that focuses on the neighborhood. Nevertheless, people within the US and sanctioned jurisdictions can’t mint the tokens.
AO’s options
AO was developed to handle the necessity for a scalable blockchain resolution. Its modular structure enhances scalability, enabling excessive transaction volumes and parallel processing.
The platform introduces AOS, an working system that helps the Lua programming language and facilitates numerous purposes. AO’s superior information storage capabilities can deal with large datasets, similar to these utilized in AI modeling and huge language fashions (LLMs).
Moreover, AO is suitable with the Ethereum Digital Machine and different blockchain protocols by way of WebAssembly for sensible contracts.
DeFi researcher Ignas highlighted AO’s goal to mix blockchain’s reliability and safety with the efficiency of high-end business servers like Amazon AWS. He added:
“One standout function of AO is its parallel processing skill, permitting quite a few processes to run concurrently with out affecting one another. It’s like a smartphone that by no means slows down, no matter what number of apps are operating.”
