Join Our Mailing List
Monday December 11, 2023
Bitcoin (BTC) $41,291.06   Ethereum (ETH) $2,210.30
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Blockchain Technology

NeuroChain launches testnet of AI blockchain in anticipation of NeuroNet

Published by CryptoNinjas.net
10/31/2018
NeuroChain launches testnet of AI blockchain in anticipation of NeuroNet

NeuroChain, a next-generation of blockchain technology that improves the security, reliability, and scalability of current blockchain protocols officially launched their testnet, marking the preliminary launch of the first blockchain protocol powered by Machine Learning and Artificial Intelligence.

It was released today on Wednesday, 31 October 2018 at 12:00 CET. The release of the testnet comes three months before the scheduled release of the main NeuroNet in January 2019. During this three-month beta period, both developers and the general public are encouraged to test the NeuroChain protocol and submit feedback on its performance.

What Is NeuroChain?

It is a decentralized, energy-efficient blockchain, powered by Machine Learning and Artificial Intelligence. It is composed of intelligent Bots that execute the consensus protocol to validate transactions. NeuroChain is anticipated to be a game changer in the accounting, supply chain and logistics, and financial services industries, among others, by offering a decentralized platform for smart business applications.

What Is the testnet?

The testnet is an alternative NeuroChain blockchain, used exclusively for trial. It offers similar functionality to the main NeuroNet, allowing developers and testers to experiment and challenge the technology without deploying applications on the main NeuroNet. The testnet uses NCC testnet tokens as the primary mean of trade between nodes, but tokens on the testnet are valueless.  Additionally, the testnet will be used to release protocol upgrades before being deployed on the main NeuroNet. The purpose of the testnet is to examine the performance of the protocol’s security, scalability and consensus algorithm.

Technical Specifications 

The testnet includes an initial 50 NeuroChain Bots, or intelligent nodes, and users can connect their Bots to the testnet. The Bots communicate with each other and validate transactions using the Proof of Involvement and Integrity (PII) consensus protocol. A group of 100 transactions makes up a single block. Blocks are validated every 15 seconds. A decentralized ledger records validated blocks, and each transaction is available for public review. Developers can integrate smart applications to the testnet via an API.

The testnet allows developers to test their smart business applications and simultaneously enables the NeuroChain team to test protocols updates.

[embedyt]https://youtu.be/ndIvIvE2YuA[/embedyt]

82
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin

Related News

Blockchain service platform Morpheus to offer apps of AI network Neurochain

09/18/2018
Blockchain service platform Morpheus to offer apps of AI network Neurochain

Morpheus Labs, a company which provides a full stack Blockchain Platform-as-a-Service (BPaaS) today announced it is partnering with Neurochain, blockchain’s first Machine Learning (ML) and Artificial Intelligence (AI) based infrastructure to further enhance the...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
The Best Crypto Casinos: Where Blockchain Meets Gaming Excitement

The Best Crypto Casinos: Where Blockchain Meets Gaming Excitement

12/08/2023
Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

01/08/2020
LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

02/20/2020
Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

10/22/2018
Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

11/20/2023
4 Things We’ve Learned About Owning Bitcoin in 2023

4 Things We’ve Learned About Owning Bitcoin in 2023

11/13/2023
Fuse Network welcomes Liquify as new blockchain infrastructure partner

Fuse Network welcomes Liquify as new blockchain infrastructure partner

10/02/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy