Nebula AI NBAI to Nework NKC Exchange

Crypto Pair Details: NBAI to NKC

Nebula AI NBAI

Nebula AI is a decentralized blockchain integrated with Artificial Intelligence and sharing economies. With the Nebula blockchain, developers can deploy their Artificial Intelligence applications easily on a blockchain platform. The integrated API/SDK and payment services allow the developers to earn revenue based on the AI smart contract. Nebula AI also allows the GPU miners to contribute their GPU hash power to AI computing power which allow for a variety of AI applications. This invention allows Nebula AI to compete with the pricing of Amazon and Google cloud computing services. The blockchain technology provides a digital trust mechanism for human beings which enhances the efficiency of value exchange and reduces costs, the genuinely credible and efficient Internet of Value is approaching. In recent years, many breakthroughs have been made in the field of artificial intelligence, and artificial intelligence has now penetrated every corner of human society and will become an essential cornerstone of change in human society. Nebula AI is committed to building a decentralized artificial intelligence computing blockchain (NBAI) that reduces the energy costs of traditional Proof of Work by converting GPU mining machines into AI computing services.The AI transactions recorded on NBAI will be irreversible. The distributed computing network also ensures high concurrency and low latency computing power. The conversion of GPU mining machines makes it possible to provide more cost-effective artificial intelligence services. Nebula AI will cooperate with large-scale third-party Internet data centers to provide adequate computing power for AI computing. Nebula AI has established an artificial intelligence training centre in Canada. System-based quantitative finance, image identification and other blockchain applications are also in development. The well-developed NBAI ecosystem integrates the top-level applications such as DAI App, scientific research and application, university education, and the bottom-level of NBAI blockchain, Artificial Intelligence Mining Machine and Artificial Intelligence Data Center. The innovative economic model of NBAI ecosystem is the realization of a complete set of value-added economic systems.

Nework NKC

The bitcoin network is a peer-to-peer payment network that operates on a cryptographic protocol. Users send and receive bitcoins, the units of currency, by broadcasting digitally signed messages to the network using bitcoin cryptocurrency wallet software. Transactions are recorded into a distributed, replicated public database known as the blockchain, with consensus achieved by a proof-of-work system called mining. Satoshi Nakamoto, the designer of bitcoin claimed that design and coding of bitcoin began in 2007. The project was released in 2009 as open source software. The network requires the minimal structure to share transactions. An ad hoc decentralized network of volunteers is sufficient. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will. Upon reconnection, a node downloads and verifies new blocks from other nodes to complete its local copy of the blockchain. A bitcoin is defined by a sequence of digitally signed transactions that began with the bitcoin's creation, as a block reward. The owner of a bitcoin transfers it by digitally signing it over to the next owner using a bitcoin transaction, much like endorsing a traditional bank check. A payee can examine each previous transaction to verify the chain of ownership. Unlike traditional check endorsements, bitcoin transactions are irreversible, which eliminates the risk of chargeback fraud. Although it is possible to handle bitcoins individually, it would be unwieldy to require a separate transaction for every bitcoin in a transaction. Transactions are therefore allowed to contain multiple inputs and outputs, allowing bitcoins to be split and combined. Common transactions will have either a single input from a larger previous transaction or multiple inputs combining smaller amounts, and one or two outputs: one for the payment, and one returning the change, if any, to the sender. Any difference between the total input and output amounts of a transaction goes to miners as a transaction fee. In 2013, Mark Gimein estimated electricity consumption to be about 40.9 megawatts (982 megawatt-hours a day). In 2014, Hass McCook estimated 80.7 megawatts (80,666 kW). As of 2015, The Economist estimated that even if all miners used modern facilities, the combined electricity consumption would be 166.7 megawatts (1.46 terawatt-hours per year). To lower the costs, bitcoin miners have set up in places like Iceland where geothermal energy is cheap and cooling Arctic air is free. Chinese bitcoin miners are known to use hydroelectric power in Tibet to reduce electricity costs. Various potential attacks on the bitcoin network and its use as a payment system, real or theoretical, have been considered. The bitcoin protocol includes several features that protect it against some of those attacks, such as unauthorized spending, double spending, forging bitcoins, and tampering with the blockchain. Other attacks, such as theft of private keys, require due care by users.

SOURCE: COINGECKO

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