Choosing a random number between one and one thousand and exploring the cryptocurrency in that position in relation to its market cap today we will be looking DeepBrain Chain(DBC).
What problem is DBC solving?
DBC is a decentralized neural network that provides nodes that provides computational power specifically to those working in the AI space. They offer a cheaper alternative to developers who can't afford to buy expensive hardware while providing extensive security and privacy via smart contracts and encryption.
How does it work?
Miners provide their computing power in exchange for DBC. 70% of the DBC will be paid by the system and the developers only have to pay 30%. The network uses a hybrid conses mechanism of Delegated Proof-Of-Stake(DPOS) and Proof Of Importance(POI). Anyone is capable of building their own cloud platform on the network. At the moment there are over 20 major platforms all growing at rapid paces. DBC is traded via smart contracts on NEO.
How is it different from Bitcoin?
Well, Bitcoin is a store of value and this coin is clearly meant to be traded regularly between those who have the computing power and those who want access to it in the name of AI.
Conclusion
DBC is an exciting token that looks to provide AI companies with an innovative solution to the ever-increasing cost and maintenance of hardware. Although the market cap is nowhere near BTC with the future of AI looking better, or worse(depending on your perspective), for humanity I have no doubt that this is an exciting project to watch in the coming years.
