Architecture
By leveraging the power of Bitcoin Virtual Machine (BVM) and its pre-built AI modules and libraries, Xally Chain enables developers to rapidly create, test, and deploy dApps with real-world utility.
Data Validation Module
The Data Validation module serves as the cornerstone of the Xally architecture, playing a pivotal role in ensuring the security and integrity of the entire system. This module is responsible for verifying the accuracy, consistency, and completeness of the data processed within the stack. By implementing robust validation techniques, such as input sanitization, data type checking, and range validation, the Data Validation module safeguards against potential vulnerabilities and malicious attacks.
Data Availability
Data availability (DA) layers establish agreement among base layer nodes on the state of rollups, providing a uniform view of a rollup's history and ensuring all necessary data is available. The DA layer acts as an immutable bulletin board for transaction data and proofs, ensuring liveness and allowing anyone to compute the next block if the last operator stops. This reinforces rollup security by maintaining a transparent record of transaction data and proofs, guarding against data withholding attacks.
We securely store data on decentralized storage networks like Celestia and Bitcoin, which offer advantages over traditional blockchain storage solutions.
Consensus: Proof-of-Stake (PoS)
We utilize Proof-of-Stake (PoS) as the consensus mechanism to enhance security and efficiency in our blockchain. PoS is a sustainable alternative to Proof-of-Work, allowing validators to participate in transaction validation and block creation by staking their tokens. This method not only reduces the energy consumption drastically but also minimizes the risk of network attacks, as validators have a financial stake in the integrity of the system. By adopting PoS, we aim to address the cryptocurrency industry's pressing issues, including environmental concerns and the need for scalable, decentralized consensus mechanisms.
Roll up: Optimism
Optimistic Rollup is an off-chain scaling solution. Transactions are executed off-chain, but the data is compressed and stored on the base layer to achieve consensus and verify the integrity and availability of the data on the base layer.
Application
AI Models as NFTs and Tokens
Xally Chain introduces a groundbreaking approach to AI model ownership and distribution by tokenizing AI models as Non-Fungible Tokens (NFTs) using the BRC-721 standard. This transformation empowers creators with full control over their AI creations while enabling secure and transparent transactions on the blockchain. Each AI model, represented as a unique NFT, opens up a dedicated marketplace for AI models where users pay a fee to access them, providing creators with revenue generation and trading opportunities.
Furthermore, the tokenization of AI models using the BRC-20 standard allows for the creation of AI tokens that serve as governance tokens. These tokens grant holders a say in crucial decisions regarding the AI model's development, application, and monetization strategies. By facilitating a broader distribution of the AI model's value among investors, users, and contributors, tokenization aligns the interests of all stakeholders, ensuring that the AI model is developed and utilized in ways that maximize its value and utility.
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