Latest news with #Lightchain
Business Upturn
17-07-2025
- Business
- Business Upturn
Lightchain AI Confirms July 2025 Mainnet Launch, Introducing Decentralized AI Infrastructure
By GlobeNewswire Published on July 17, 2025, 03:00 IST SHREWSBURY, United Kingdom, July 16, 2025 (GLOBE NEWSWIRE) — Lightchain AI a decentralized infrastructure protocol focused on artificial intelligence, has confirmed the launch of its mainnet in July 2025. This milestone marks a significant step forward in integrating AI execution into blockchain environments through real-time task processing, developer tools, and incentive-driven consensus. Designed with scalability, transparency, and performance at its core, Lightchain AI's architecture introduces a new layer of utility to blockchain networks. The protocol features the Artificial Intelligence Virtual Machine (AIVM), which enables distributed training and inference of AI models across validator nodes using zero-knowledge proofs and federated learning mechanisms. At the heart of the network lies a novel Proof of Intelligence (PoI) consensus, rewarding nodes for completing useful AI tasks such as model optimization and data analysis. This approach transforms compute power into verifiable contributions that can support diverse use cases across healthcare, finance, logistics, and more. 'Launching our mainnet in July is a major step toward making AI-based computation more open, distributed, and accessible,' said a Lightchain AI spokesperson. 'We are building a transparent ecosystem where developers and node operators can work together to create meaningful real-world AI solutions.' Key features of the Lightchain AI network include: Artificial Intelligence Virtual Machine (AIVM): Secure, privacy-preserving AI task execution Secure, privacy-preserving AI task execution Gas Optimization: Fee adjustment based on task complexity and network load Fee adjustment based on task complexity and network load Decentralized Storage: Enables verifiable data integrity and transparency Enables verifiable data integrity and transparency Developer Ecosystem: Public GitHub repositories, API libraries, and onboarding documentation Public GitHub repositories, API libraries, and onboarding documentation $150,000 Grant Pool: Available for developers building tooling, explorers, or dApps Available for developers building tooling, explorers, or dApps Validator Onboarding: Node registration and task allocation tools now live The upcoming launch builds on Lightchain AI's successful $21.1 million presale across 15 funding rounds, reflecting early community engagement and confidence in the platform's mission. The Bonus Round remains active at a fixed price of $0.007 per token as Lightchain finalizes preparations for mainnet rollout. Developers, validators, and ecosystem partners are invited to join the growing network and participate in shaping the future of decentralized artificial intelligence. For more information and ongoing updates, visit: Telegram Contact:SHAJAN SKARIA [email protected] Disclaimer : This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
07-07-2025
- Business
- Business Upturn
Lightchain AI Announces Final Presale Round After Securing $21 Million in Early Support
By GlobeNewswire Published on July 7, 2025, 01:04 IST SHREWSBURY, United Kingdom, July 06, 2025 (GLOBE NEWSWIRE) — Lightchain AI , a next-generation Layer 1 blockchain platform purpose-built for decentralized artificial intelligence, has officially launched its Bonus Round after completing all 15 presale stages and raising more than $21 million in early contributions. This new phase offers fixed pricing at $0.007125 and is the final opportunity for supporters to gain early access ahead of the project's mainnet launch, scheduled for July 2025. The successful conclusion of the presale demonstrates strong market interest and community confidence in Lightchain AI's long-term vision. Central to this vision is the integration of artificial intelligence into blockchain infrastructure through the Artificial Intelligence Virtual Machine (AIVM) and the project's proprietary Proof-of-Intelligence consensus mechanism. These innovations are designed to enable secure, low-latency AI execution within a fully decentralized ecosystem. 'With over $21 million raised and widespread developer engagement, Lightchain AI is entering a critical growth phase that positions it for real-world adoption and scalable use,' said a spokesperson from the Lightchain team. The Bonus Round is backed by several ecosystem advancements already underway. Public GitHub repositories will be available at mainnet launch, providing transparency and encouraging open-source development. Additionally, the platform has introduced a $150,000 grant pool to support builders and innovators contributing to Lightchain's evolving ecosystem. Key presale design elements—such as the complete reallocation of the original 5% Team Allocation to developer grants and protocol incentives—underscore the platform's community-first approach. Combined with transparent governance, active validator onboarding, and developer tools like APIs and SDKs, Lightchain AI is actively cultivating a sustainable, growth-oriented network. This phase also introduces Lightchain's Meme Launchpad, a creative toolkit designed to help developers and content creators build and deploy Web3-native applications in an AI-enhanced environment. The platform's architecture features dynamic gas optimization and horizontal sharding to enable performance at scale, particularly for computation-heavy workloads. Looking ahead, the Lightchain AI team is focused on expanding DeFi integrations and onboarding decentralized validator and contributor nodes in preparation for mainnet activation. These steps align with the project's broader mission: to accelerate decentralized AI adoption while maintaining network transparency, security, and community ownership. Interested participants can join the Bonus Round and access Lightchain AI resources via the official website and community channels. Learn more: Telegram Contact:SHAJAN SKARIA [email protected] Disclaimer : This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
09-02-2025
- Business
- Yahoo
Better Cryptocurrency to Buy With $2,000 and Hold for 5 Years: XRP vs. Ethereum
XRP (CRYPTO: XRP) and Ethereum (CRYPTO: ETH) are two of the biggest cryptocurrencies, yet their focuses are very different. XRP aims to rapidly and accurately process money transfers around the world, potentially including the tokenzation of real-world assets into its transfer capabilities. Ethereum is a more traditional blockchain, with extensive smart-contract capabilities and an ecosystem of projects under the headings of decentralized finance (DeFi), and non-fungible tokens (NFTs), among others. Both have proved their staying power in the world of cryptocurrency, and it is reasonable to expect that both coins will be around, and likely trading at a higher price, during the next five years and beyond. That makes choosing between these two somewhat difficult, even with a modest investment of just $2,000. Let's dig into the details and explore which is the better option. As the second-most-valuable cryptocurrency after Bitcoin, Ethereum has a lot of inertia in its favor. With a market cap of more than $325 billion and a full cohort of evangelists among developers, investors, traders, and casual users, most of the other blockchains of today were made in response to Ethereum's feature set and performance. During the past three years, it lost about 9% of its value, compared with XRP's gain of more than 240%. But the investment thesis for buying it is still quite strong, especially with a stake on the order of $2,000 that won't break the bank. After all, the chances of its ecosystem of applications and projects drying up overnight is next to zero, and many of the efforts hosted on its chain can falter without detracting from the overall level of demand for the coin. Presently, the chain can process about 30 transactions per second, and despite some long-standing issues with high gas (user) fees, it is significantly cheaper and faster than in the past. The catalyst of the moment for Ethereum is the planned launch of its Lightchain AI platform, which will enable its blockchain to train and optimize artificial intelligence (AI) models, as well as execute tasks created by AI agents. At the moment, it's unclear exactly how much demand that will drive for the token. But at best, it could cement the chain's budding leadership in AI, supplanting smaller competitors like Solana, and set off a surge in demand for the coin prompted by AI agents that need to transact and to use smart contracts. In contrast to Ethereum, XRP is not trying to build a rich ecosystem of DeFi projects. It's trying to be a streamlined and highly efficient technical solution for making mass cross-border money transfers that are quick, cheap, and easily verifiable. So, it's in direct conflict with older international payment-processor systems, all of which have very substantial leads in adoption as well as familiarity among financial institutions. Its key performance metrics evoke that goal. It processes as many as 1,500 transactions per second, for now, with a very high likelihood of processing many times that number in the future as the coin gains adoption among financial institutions. On average, each of those transactions costs a fraction of a penny, making it much cheaper than the several cents required to process most Ethereum transactions. Today, with a market cap of about $133 billion, it's the fourth most-valuable cryptocurrency, which is notable because it earned that distinction without any need for features like smart contracts or a product ecosystem. So, when the chain's volume is $9.1 billion within a 24 hour span as of Feb. 5, that's a clear sign that the coin is being used for its intended purpose as defined by its developers, who remian actively engaged in upgrading the chain's capabilities and throughput. It's a no-brainer that XRP is going to continue being a coin that's in demand for its use in money transfers. But unless something major changes, the vision at the core of the coin is much more limited than Ethereum's. That makes it more likely to succeed at what it sets out to do, but much less likely to be able to gain upside from emerging trends like AI, which it might not be flexible enough to accommodate. Therefore, Ethereum is the better option to buy with your $2,000 investment, assuming you're willing to hold on to it for five years or so. XRP isn't a bad investment, it's just that it will be fighting against a hoard of other payment processing and money transfer methods every step of the way, rather than fostering an ecosystem that potentially can grow exponentially. Before you buy stock in Ethereum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ethereum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $788,619!* Now, it's worth noting Stock Advisor's total average return is 929% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list. Learn more » *Stock Advisor returns as of February 7, 2025 Alex Carchidi has positions in Ethereum and Solana. The Motley Fool has positions in and recommends Ethereum, Solana, and XRP. The Motley Fool has a disclosure policy. Better Cryptocurrency to Buy With $2,000 and Hold for 5 Years: XRP vs. Ethereum was originally published by The Motley Fool Sign in to access your portfolio
