Modular AI Blockchain 0G Launches V2 Testnet with New Features 

The launch of Testnet Newton v2 by 0G brings new data availability modules and improved monitoring tools, advancing AI blockchain capabilities.

0G mascot looking at a digital AI brain hologram in a wireframe environment.
Created by Gabor Kovacs from DailyCoin
  • 0G releases Testnet Newton v2, enhancing stability and security.
  • Network gains new data availability modules and monitoring tools.
  • Over 600,000 wallets registered for initial testnet v1.

Crypto companies are still riding the AI wave, looking for ways to integrate artificial intelligence into decentralized applications. One of the chains at the intersection of AI and blockchain is 0G, aiming to make AI services a public good.

Recently, 0G has announced the release of Testnet Newton v2, an upgraded version of its initial testnet. This release introduces new features to enhance the platform’s stability, security, and overall functionality.

Testnet Newton v2 Launch for AI-Blockchain Integration

On Monday, June 10, 0G unveiled Testnet Newton v2, the latest iteration of its test net platform. This iteration brings several new features and improvements to the network, leveraging a Cosmos-based Testnet that offers greater scalability and interoperability. 

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One of the key additions is the introduction of new modules for data availability services, ensuring that data remains accessible and boosting the network’s efficiency. Moreover, the developers integrated enhanced monitoring tools to support better tracking of services such as storage nodes and key-value stores. The new testnet also features more robust mechanisms to mitigate the abuse of its faucet system.

These upgrades aim to further 0G’s mission to make AI services accessible as a public good to all. To achieve this, the network is creating a scalable data availability layer for its modular AI blockchain. The latest updates further boost this use case. 

Earlier Testnet Saw 600,000 Wallets

The launch comes after the initial testnet, Testnet v1, saw significant community engagement, which prompted the developers to release new upgrades. The network had 600,000 wallets and 2,500 validator applications. 

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Michael Heinrich, Co-Founder and CEO of 0G, explained that the community engagement was what got the team to develop further. “The overwhelming response to v1, with over 600,000 registered wallets, underscored the need for a more robust and scalable network. Testnet v2 delivers on that promise, introducing key features like data availability services and a rigorous validator selection process to ensure a secure and performant platform.”

Heinrich also claimed that the validation selection process was rigorous. The network ultimately chose 121 applicants to protect its integrity. The selection works to maintain high performance and security standards as the testnet evolves.

On the Flipside

  • Sablecoin giant Tether has invested millions in AI ventures, including buying $420 million worth of Nvidia AI chips.  
  • Recently, Ethereum co-founder Vitalik Buterin cautioned about the rapid pace of AI development, saying that the technology should slow down to reduce its risks.  

Why This Matters

As a groundbreaking technology, AI should not be in the hands of just a handful of companies. Instead, its benefits should be spread out across humanity. Thanks to blockchain tech, Testnet Newton v2 upgrades are a step towards more decentralized and accessible AI. 

Read more about the intersection of blockchain and AI: 
Decentralizing AI: Balancing Innovation and Accessibility in the Quest for Sustainable Computing Power

Read more about FreBnk’s token launch: 
FreeBnk Token Launches on WhiteBIT, Expanding its Reach  

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

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David Marsanic

David Marsanic is a journalist for DailyCoin who covers the intersection of crypto, traditional finance, and government. He focuses on institutionalized crypto entities like major cryptocurrency exchanges and Solana, breaking down complex topics into easy-to-understand writing. David's prior experience as a business journalist at various crypto and traditional news sites has enabled him to maintain a critical approach to news while adhering to high journalistic integrity standards.