ChainCatcher news, the privacy-preserving computing network Nillion has completed a $25 million financing round, led by Hack VC. This financing brings Nillion's total funding to over $50 million, with investors including Hack VC, Distributed Global, and HashKey. Nillion has already established partnerships with NEAR, Aptos, Arbitrum, Mantle, IO.net, Ritual, and others, and its ecosystem currently has over 40 builders.

ChainCatcher news, according to CoinDesk, the privacy-preserving computing network Nillion has completed a $25 million funding round, led by Hack VC. This funding brings Nillion's total financing to over $50 million, with investors including Hack VC, Distributed Global, and HashKey.According to RootData, Nillion is a decentralized public network based on a new cryptographic primitive called Nil Message Compute (NMC), which allows nodes in a decentralized network to operate in a unique, non-blockchain manner. Nillion unlocks important new utilities in Web3 by enabling use cases such as decentralized credit scoring, decentralized trusted execution environments, private NFTs, and decentralized secure storage services.Previously reported, in December 2022, Nillion completed a $20 million funding round, led by Distributed Global, with participation from AU21, Big Brain Holdings, Chapter One, GSR, HashKey, OP Crypto, and SALT Fund.

ChainCatcher news, the decentralized AI ecosystem project Zero1 Labs announced a partnership with the privacy computing network Oasis.

ChainCatcher news, at 1 PM Eastern Time on February 27, Forward Research, the core organization of the Arweave ecosystem, held an online launch event to officially introduce AO, a decentralized parallel computing layer based on the Arweave permanent storage network. Nearly 300 ecosystem members from this ecosystem were invited to participate in the event. Arweave founder Sam Williams provided detailed information about AO at the meeting and announced the opening of the testnet. Currently, developers who want to participate in the testnet can access specific details through https://ao.arweave.dev/.After the testnet launch, major projects in the Arweave ecosystem, including everPay, MEM, Warp, and Permaswap, have announced plans to connect to the AO test network to expand their capabilities.The decentralized exchange (DEX) Permaswap in the Arweave ecosystem stated that it will be the first platform to launch $AO token trading, marking further expansion of the Arweave ecosystem in the decentralized finance (DeFi) space.It is understood that AO is a decentralized computer capable of running an arbitrary number of processes (programs) in parallel. It uses Arweave as a shared information transmission layer, allowing processes running on the AO computing network to interact with any other processes in the network without permission through this layer.In addition, the Arweave ecosystem has established a market affiliate in Asia, ArweaveOasis, which will focus on serving the development of the Asian market, especially the Chinese-speaking market, in the future.

ChainCatcher news, according to CoinDesk, the privacy computing network Oasis Protocol plans to launch a synthetic version of its native token ROSE, called syROSE, in the fourth quarter of 2023.Oasis is collaborating with SYNTHR to bring ROSE to six blockchain networks, including Ethereum, Arbitrum, Avalanche, Polygon, and BNB Chain. By enabling seamless swaps, staking, lending, and more across various Web3 blockchain platforms, syROSE will allow Oasis users to quickly and easily transfer their tokens to ecosystems outside of Oasis.

ChainCatcher news, according to CoinDesk, the distributed AI computing network Gensyn has completed a $43 million Series A funding round, led by a16z, with participation from CoinFund, Canonical Crypto, Protocol Labs, Jsquare, Eden Block, and other angel investors. The funds will be used to accelerate the launch of the protocol and expand its workforce, including adding protocol and machine learning engineers.Gensyn enables developers to build AI systems on smaller data centers, personal gaming computers, and other connected hardware, with pay-as-you-go pricing. Gensyn uses a cryptographic verification network that allows users to verify whether the machine learning tasks shared through the protocol have been completed correctly, without intermediaries.According to RootData, in March 2022, Gensyn completed a $6.5 million seed funding round, led by Eden Block, with participation from Galaxy Digital, Maven 11, CoinFund, Hypersphere, Zee Prime, Entrepreneur First, Jsquare, Counterview Capital, 7percent Ventures, Id4 Ventures, and angel investors from DeepMind, Livepeer, Pocket Network, Centrifuge, Cambridge University, Twitter, Google, and Parity Technologies. (source link)

ChainCatcher news, according to the official Twitter, the PlatON privacy computing network PIP-10 proposal has opened on-chain governance upgrade voting on October 25. This governance proposal will last for about 15 days, proposing to upgrade the PlatON privacy computing network to version 1.3.0.The version update includes: 1. The tokens for un-delegation will be locked for 56 settlement periods; 2. The proposal for changing the PlatON chain ID PIP-7 supports the implementation of the third phase of the dual ChainID proposal (EVM returns the new ChainID). (source link)

Chain Catcher News, the PlatON privacy computing network officially launched the "PlatON Validator Incentive Program" for mainnet validators today. This program provides cumulative contribution rewards and long-term stability rewards to eligible validators based on their network contributions to the PlatON mainnet, node reliability, and stability assessment, with a focus on incentivizing nodes that produce blocks frequently, have high staking, and operate stably over the long term.This incentive program is tentatively planned to be implemented in three phases (over the course of one year), with a total reward amount of 4 million LAT for the first phase. Future phases will be adjusted based on the ecological development situation. The LatticeX Foundation will announce the winning validators and reward amounts for each phase within one week after the evaluation deadline on the LatticeX Foundation forum, and the rewards will be distributed within 10 days after the announcement. (Source link)

Chain Catcher news, the privacy computing network Oasis will hold a hackathon themed "Keep it Confidential" from September 14 to October 14, 2022. Developers can build privacy DApps, privacy NFTs, privacy DeFi, games, DID, as well as decentralized social and SBT soulbound token solutions based on "Sapphire" and submit their projects. Ultimately, three projects will stand out and share a prize pool of $9,000.It is reported that Sapphire is the industry's first EVM-compatible privacy ParaTime launched by the Oasis network, providing developers with a familiar Ethereum-compatible building environment while also offering additional privacy protection advantages. The Oasis network adopts a unique layered architecture, featuring instant transaction confirmation, 99% lower gas fees than Ethereum, high throughput, and privacy protection advantages. (Source link)