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Uncovering the Mysteries of KIRA Token: The AI-Powered Decentralized Future

2024-10-30 10:57:02

What are KIRA tokens?

KIRA token is a digital asset driven by a completely decentralized artificial intelligence (AI) network. Its goal is to achieve peer-to-peer intelligence through an innovative decentralized architecture and completely change the way AI is applied. Unlike traditional centralized AI systems, KIRA's network does not rely on any servers, but uses distributed networks to handle AI inference and data processing needs.


Core Functions of KIRA Token

KIRA token is not just a digital asset, it also has a variety of important functions and roles:

1. Gas token as transaction

On the KIRA network, KIRA tokens are used as L3 layer transaction gas tokens. Compared with the L2 layer and the Ethereum main network, KIRA's Gas token system provides a more cost-effective transaction mechanism and is especially suitable for processing high-frequency AI inference transactions. Through KIRA tokens, users can avoid competing for block space on other chains and achieve faster and more economical transactions.

2. Incentivize nodes to participate and contribute

In KIRA’s network architecture, the participation of node operators is crucial to the stability and scalability of the system. In order to encourage more nodes to participate and support the execution of AI inference tasks, the KIRA network rewards nodes by issuing tokens. These rewards are distributed based on indicators such as the node's online time, reliability, and number of task completions to encourage stable operation of the node and improve the overall performance of the network.

3. Distribution and staking mechanism

In order to ensure the long-term stability of the KIRA network, node operators must pledge a certain number of KIRA tokens, which not only helps maintain the security of the network, but also allows node operators to have greater investment and responsibility for the development of the network. As the network matures, this staking mechanism will further strengthen KIRA’s decentralization and fairness, allowing token holders to enjoy greater transparency and security in the network.


AI inference verification and node performance

KIRA introduces an efficient verification method to ensure the accuracy and consistency of AI inference results, thereby ensuring the data credibility of the network.

1. Offline verification of vector similarity

The KIRA network uses cosine similarity as a verification method for AI inference results. This technology is suitable for comparing the similarity between two outputs. Simply put, this method ensures the consistency of AI inference results by calculating the cosine of the angle between two vectors. When the similarity is close to 1, it means that these results are highly consistent, further enhancing the inference stability of the network.

2. Node pledge and punishment mechanism

The pledge mechanism of KIRA tokens allows node operators to pledge a certain amount of tokens as a guarantee. If the node cannot meet the established performance standards, it may face the penalty of token reduction. Such a penalty system not only improves the operational quality of nodes, but also further consolidates the overall security of the KIRA network. KIRA's smart contract will be evaluated based on the historical performance of the node to ensure the fairness and transparency of the system.

3. Node scoring and eviction

In the KIRA network, the performance of nodes will be strictly monitored, not only to meet the requirements of running time and accuracy of inference results, but also to determine whether they are suitable for continued participation based on performance scores. If the performance of a node is too low, not only will the pledged tokens be reduced, but it may even be expelled from the network. This management model ensures the reliability and efficiency of the network.


KIRA API and SDK: a new experience for AI applications

KIRA's API and SDK form the core interface connecting the decentralized AI network. The first version is mainly based on Python SDK because of its wide application in the fields of AI and data science. This API is designed to allow developers to access KIRA's node network and develop AI inference applications. In the future, more programming languages, such as JavaScript, will be supported so that more developers can take advantage of this innovative platform for application development.


Conclusion

As the first AI token driven by a completely decentralized AI network, KIRA token shows the infinite possibilities of the combination of AI and blockchain in the future. From decentralized reasoning and verification, staking mechanism to API interface, KIRA not only provides a unique point-to-point intelligent platform, but also creates a server-free AI ecosystem, further promoting the implementation and development of decentralized technology. In this era of rapid development of the digital economy, KIRA tokens have undoubtedly created a new direction for AI and blockchain applications.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT