The post Nuklai Teams Up with Filecoin, and More appeared on BitcoinEthereumNews.com.

Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure. Here’s what happened recently in the DePin sector: Nuklai collaborated with Filecoin to archive global data, Opentensor Foundation shared its post-hack plans, and Silencio celebrated 5 million check-ins. Nuklai Collaborates with Filecoin Nuklai, a collaborative infrastructure provider for data ecosystems, has teamed up with Filecoin Foundation to archive the world’s data and improve AI with detailed data understanding. The first step in this partnership is to connect with Filecoin’s decentralized network using Lighthouse Storage’s solution for better data storage. Whether it’s the actual data or information about the data, Nuklai’s goal is to store it efficiently. The project aims to do this transparently and in a decentralized manner using Filecoin’s network. “We’re excited to collaborate with the Filecoin Foundation to bring Nuklai one step closer to building the world’s ontology through an accessible and traceable storage and archiving solution,’’ said Nuklai product lead Daniel van der Woude. Read more: The Economics of Decentralized Storage Protocols Data is usually stored on big cloud providers like AWS, Google Cloud, or Alibaba Cloud. To make data easier to access, Nuklai has a simple method. They explain and decentralize the data’s details in its metadata, making sure we understand the data, where it comes from, and what it contains. This helps create a clear picture of the data. They also standardize the data to make it more efficient and compatible, speeding up innovation and helping train AI models. Once the data is clear and standardized, Nuklai stores it using Filecoin’s network, making it accessible. Bittensor Explains the Recent Hack On July 2, a security exploit led to Bittensor users losing 32,000 TAO tokens worth about $8 million due to a leaked private key. This incident caused TAO’s price to…

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Filed under: News - @ July 9, 2024 2:10 am