NuNet is a computing framework that provides globally distributed and optimized computing power and storage for decentralized networks, by connecting data owners and computing resources with computational processes in demand of these resources. NuNet provides a layer of intelligent interoperability between computational processes and physical computing infrastructures in an ecosystem which intelligently harnesses latent computing resources of the community into the global network of computations. 

The NuNet infrastructure enables optimal positioning of AI processes, interfaces and data within the global network and establishes machine-to-machine payment and data streaming channels – thus minimizing costs of global computing and enabling novel business processes for the Data Economy and Internet of Things.

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Nunet

SingularityNET

SingularityNET AI Platform 2024 Roadmap

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	<p><img src="https://www.crypto-news-flash.com/wp-content/uploads/2021/07/Cardano-as-the-best-choice-of-watches-1000x600.jpg" alt title="AGIX Staking on Cardano Nears Mainnet Launch: Exciting Updates Await at The Cardano Summit 2023" />				
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<li><b>SingularityNET announces the upcoming launch of AGIX staking on Cardano at the Cardano Summit.</b></li>
<li><b>Cardano’s market is experiencing a revival with a surge in wallet activity and investor engagement, leading to a significant price increase for its cryptocurrency, ADA.</b></li>
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<p>Dubai’s Grand Hyatt will play host to blockchain enthusiasts as SingularityNET<a href="https://blog.singularitynet.io/cardano-summit-agix-staking-is-coming-112e482a1ae8" target="_blank"> announces </a>the imminent launch of AGIX staking on the Cardano Blockchain during the Cardano Summit this week. High on the agenda is the announcement from SingularityNET, which will reveal the launch of AGIX staking on the <a href="https://www.crypto-news-flash.com/emurgo-strengthens-cardano-ecosystem-with-strategic-partnership-with-cactus-custody-will-this-boost-ada-to-0-50/" target="_blank">Cardano blockchain</a>—a significant milestone for the ecosystem.</p>
<h3>Forging Connections at the Forefront of Blockchain Technology</h3>
<p>The summit is prepared to host a series of engaging activities that include masterclasses, keynotes, and panel discussions over three days. Attendees will have the unique opportunity to connect with global leaders and explore various topics surrounding the blockchain industry.</p>
<p>Among the anticipated highlights are the contributions from SingularityNET’s team, featuring COO Janet Adams and Chief AI Alchemist Dr. Mihaela Ulieru. Adams will participate in a panel titled “Applying AI Research to Blockchain Business Models,” discussing the intersection of blockchain and artificial intelligence. Concurrently, Dr. Ulieru will engage in the discussion “Recalibrating Value, Identity and Impact through the Blockchain,” focusing on the implications of blockchain technology on sustainability, as underscored by the “Cardano Impact Report.”</p>
<h3>Staking AGIX on Cardano: A Strategic Advance</h3>
<p>SingularityNET will provide a detailed overview of the AGIX staking process on the Cardano platform. This innovative feature aims to empower the decentralized AI marketplace and reward the community for their participation and support. The organization emphasizes that ease of use, security, and community rewards are at the heart of their new staking solution.</p>
<p>Token holders are encouraged to utilize the SingularityNET bridge to transfer AGIX tokens from Ethereum to Cardano in anticipation of the staking feature’s roll-out. Complementing SingularityNET’s presence, sister projects Rejuve.ai and NuNet will also be on hand to discuss<a href="https://www.crypto-news-flash.com/pioneering-stability-cardanos-strategic-hire-for-its-upcoming-stablecoin-project/" target="_blank"> their innovative contributions</a> to the Cardano ecosystem, presenting the diverse potential and impact of the technology.</p>
<blockquote>
<p>📢 Exclusive AGIX Staking Benefits for the First Private Epoch on Cardano!</p>
<p>Sign up now to get early access to our new staking platform and limited-time extra staking rewards.</p><div><p>&gt;&gt; Buy Cardano (ADA) quickly and securely with PayPal, credit card or bank transfer at eToro. <a target="_blank" href="https://med.etoro.com/B20859_A118320_TClick_SText%20link%20CNF%20English.aspx">Visit Website</a> &lt;&lt;</p></div>
<p>Spaces are limited, so don't miss out: <a target="_blank" href="https://t.co/sqMSuC1LNR">https://t.co/sqMSuC1LNR</a><a target="_blank" href="https://twitter.com/hashtag/AGIXonCardano?src=hash&amp;ref_src=twsrc%5Etfw">#AGIXonCardano</a> <a target="_blank" href="https://t.co/DONNQdTO3W">pic.twitter.com/DONNQdTO3W</a></p>
<p>— SingularityNET (@SingularityNET) <a target="_blank" href="https://twitter.com/SingularityNET/status/1720810684718456982?ref_src=twsrc%5Etfw">November 4, 2023</a></p></blockquote>
<p>SingularityNET’s announcement of AGIX staking on the Cardano blockchain stands as a testament to the vibrant growth and dynamic future of the sector.</p>
<h3>Revival of Cardano Activity Spurs Market Excitement</h3>
<p>The summit is timely since Cardano’s ecosystem <a href="https://www.crypto-news-flash.com/cardanos-ada-tvl-skyrockets-surpasses-250-million-mark/" target="_blank">has seen a notable uptick </a>in its previously inactive wallet interactions, hitting a peak that hasn’t been observed since April of the previous year. This revitalized on-chain activity indicates a greater coin distribution among participants in the first-layer network, reflecting an uptick in investor participation and highlighting that key ADA stakeholders, specifically whales and sharks who hold anywhere from 100,000 to 10 million ADA, have accumulated around $48 million worth of the currency over a fortnight.</p>
<p>This accumulation by prominent investors has catalyzed a bullish trend for ADA’s market value. The most recent figures show that the flagship cryptocurrency has achieved a price point of $0.309, showcasing a notable 8 percent increase in just one day. Looking at the broader timeline, Cardano has seen a significant 15.4 percent rise in value over the past month, reinforcing the market’s trust and optimism in the digital asset.</p><div>
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Crypto News Flash (EN)

AGIX Staking on Cardano Nears Mainnet Launch: Exciting Updates

<p style="margin-left:0px;">On September 21st, 2023, the Cardano community received an electrifying surprise courtesy of <a href="https://twitter.com/ElderM"><u>Elder Millennial</u></a>, a passionate Cardano enthusiast and Alpha tester for NuNet. This innovative individual took to Twitter under the handle @ElderM to share a groundbreaking revelation: the successful mining of Fortuna, a Proof of Work (PoW) smart contract operating within the Cardano blockchain, leveraging NuNet’s decentralized compute protocol.</p><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*AtzR9eMwaMArWXN70GfNdw.png" alt="" loading="lazy"></p><h2 style="margin-left:0px;"><strong>Elder Millennial’s Inspirational Odyssey</strong></h2><p style="margin-left:0px;">Elder Millennial’s journey into the intricate web of Cardano’s blockchain ecosystem stands as a testament to dedication and unwavering innovation. As an Alpha tester for NuNet, they were intricately woven into the fabric of decentralized computing, venturing into its uncharted territories.</p><p style="margin-left:0px;">With NuNet’s decentralized compute protocol at their disposal, Elder Millennial embarked on a mission that would push the boundaries of what was deemed achievable within the Cardano realm. Astonishingly, in a mere 4–5 hours, they accomplished what many had considered insurmountable: the development and successful execution of a Fortuna miner on the Cardano blockchain. This remarkable feat not only showcased Elder Millennial’s technical prowess but also highlighted the potential synergy between PoW and PoS mechanisms within blockchain ecosystems.</p><h2 style="margin-left:0px;"><strong>Decentralized Compute: Empowering Cardano’s Evolution</strong></h2><p style="margin-left:0px;">Cardano is poised for a significant change as it embraces decentralized computing. This shift aims to alleviate concerns related to centralization, especially the reliance on services like AWS.</p><p style="margin-left:0px;">Currently, a significant portion of Cardano’s stake pool operators (SPOs) relies heavily on centralized cloud platforms, notably AWS. While these platforms offer scalability, they also expose Cardano to risks like downtime, escalating costs, and potential censorship or refusal of service.</p><p style="margin-left:0px;">NuNet’s integration into Cardano will help the network achieve a greater degree of decentralization. Stake pool operators will soon be able to operate on decentralized compute resources, reducing dependence on centralized services. This transition not only strengthens security but also reaffirms Cardano’s commitment to decentralization, providing a robust foundation for its continued growth and innovation.</p><h2 style="margin-left:0px;"><strong>Fortuna: A PoW Smart Contract Marvel</strong></h2><p style="margin-left:0px;">Fortuna emerges as a groundbreaking Proof of Work (PoW) smart contract flourishing within the Cardano blockchain. It is the brainchild of the creators of the Aiken smart contract language. Fortuna ingeniously combines PoW principles akin to Bitcoin with the architectural elegance of Cardano’s Proof of Stake (PoS) infrastructure. This audacious experiment rapidly kindled the imagination of the Cardano community, particularly among stake pool operators and tech savvy blockchain enthusiasts who quickly took to mining the token earlier this summer.</p><p style="margin-left:0px;">You can view the Fortuna Github at the following link: <a href="https://github.com/aiken-lang/fortuna"><u>https://github.com/aiken-lang/fortuna</u></a></p><h2 style="margin-left:0px;"><strong>What is NuNet?</strong></h2><p style="margin-left:0px;">NuNet is a SingularityNet Spinoff Project that aims to create a globally expansive decentralized computing network. This network empowers individuals to share and monetize their dormant computational resources, laying the foundation for a decentralized internet while augmenting the efficiency and affordability of Artificial Intelligence (AI) and Machine Learning (ML) processes.</p><p style="margin-left:0px;">The collaborative forces of NuNet and SingularityNET furnish both hardware and software solutions, advancing the creation of efficient AI systems while preserving decentralization — a pivotal facet for the future of decentralized AI, blockchains, software, and the global decentralized cognitive network.</p><p style="margin-left:0px;">You can find out more about Nunet at the following link <a href="https://www.nunet.io/"><u>https://www.nunet.io/</u></a></p><h2 style="margin-left:0px;"><strong>The Prospects of Decentralized PoW Mining on a PoS Network</strong></h2><p style="margin-left:0px;">PoS blockchains, Cardano included, promise tantalizing scalability prospects compared to their PoW counterparts. By seamlessly integrating PoW smart contracts like Fortuna into a PoS blockchain, Cardano tackles scalability issues that have historically plagued PoW tokens like Bitcoin and Ethereum.</p><p style="margin-left:0px;">Elder Millennial’s trailblazing accomplishments, coupled with NuNet’s innovative approach, epitomize the evolving landscape of blockchain technology. The journey of Cardano toward decentralization and scalability continues to be indelibly shaped by visionary pioneers like Elder Millennial and groundbreaking projects such as NuNet and Fortuna.</p><p style="margin-left:0px;">You can find the github for the Cuda Miner Elder Millenial created to mine Fortuna via NuNet at the following link: <a href="https://github.com/theeldermillenial/nunet-cuda-tuna"><u>https://github.com/theeldermillenial/nunet-cuda-tuna</u></a></p><h2 style="margin-left:0px;"><strong>Conclusion</strong></h2><p style="margin-left:0px;">The interplay between PoW and PoS within the Cardano ecosystem, as exemplified by Elder Millennial’s remarkable achievement and the ingenious Fortuna smart contract, paves a promising path for blockchain technology. The innovative efforts of NuNet and its focus on decentralized computing bode well for the future of not only AI and ML but also the broader world of decentralized networks. Together, these endeavors embody the essence of innovation and collaboration, driving the blockchain frontier toward unprecedented heights.</p>

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NuNet lets anyone share and monetize their computing resources at scale and provides globally-distributed, optimized computing power.

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