Monoico Dot Com

Strategic Partner at Raven Protocol

MoNoico dot Com is an experienced professional with extensive involvement in the blockchain and cryptocurrency sector since 2018. Currently serving as a Strategic Partner at Raven Protocol, LTO Network, and MultiVAC, MoNoico also holds advisory responsibilities at Bitsdaq. Additionally, as a Community Manager at Matic Network and BitMax.io, MoNoico fosters community engagement within these platforms. MoNoico's investment portfolio includes notable projects such as Bgogo Digital Asset Exchange, Uranus Foundation, AERGO, and DxChainNetwork, highlighting a commitment to supporting innovative blockchain initiatives.

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Raven Protocol

Raven is creating a network of compute nodes that utilize idle compute power for the purposes of AI training where speed is the key. AI companies will be able to train models better and faster. We developed a completely new approach to distribution that speeds up a training run of 1M images and brings it down to a few hours. We solve latency by chunking the data into really small pieces (bytes), maintaining its identity, and then distributing it across the host of devices with a call to action: gradient calculations. Other solutions require high-end compute power. Our approach has no dependency on the system specs of each compute node in the network. Thus, we can utilize idle computer power on normal desktops, laptops, and mobile devices allowing anyone in the world to contribute to the Raven Protocol network. This will bring costs down to a fraction of what you need to pay for traditional cloud services. Most importantly, this means Raven will create the first truly distributed and scalable solution to AI training by speeding up the training process. Our consensus mechanism is something we call Proof-of-Calculation. Proof-of-Calculation will be the primary guideline for the regulation and distribution of incentives to the compute nodes in the network. Following are the two prime deciders for the incentive distribution: Speed: Depending upon how fast a node can perform gradient calculations (in a neural network) and return it back to the Gradient Collector. Redundancy: The 3 fastest redundant calculation will only qualify for receiving the incentive. This will make sure that the gradients that are getting returned are genuine and of the highest quality.


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