Lightchain AI is a blockchain platform that aims to meet user needs and gain trust and adoption. It differentiates itself from Ethereum by offering innovative solutions to reshape the market landscape.
Ethereum, established in 2015, has become a leader in the blockchain ecosystem, particularly in decentralized finance (DeFi) and non-fungible tokens (NFTs). However, Ethereum faces challenges such as high gas fees, network congestion, and slower transaction speeds.
Lightchain AI introduces a Proof of Intelligence (PoI) consensus mechanism and an Artificial Intelligence Virtual Machine (AIVM) to address these challenges. The PoI mechanism rewards nodes for performing AI tasks, while the AIVM allows for seamless execution of complex operations.
Lightchain AI's approach aligns computational tasks with real-world utility, making it a strong competitor to Ethereum.
Lightchain AI also addresses scalability issues by directing computational power towards AI-specific tasks and offering dynamic scalability. It aims to disrupt the blockchain industry by providing technological innovations and practical solutions.