ValidNet (VAT)

ValidNet (VAT)

Coin Information

Blockchain icon Blockchain: Ethereum
Ticker icon Ticker: VAT
Type icon Type: Token
Asset or Contract address icon Contract:

Price Statistics

Market Cap

Fully Diluted Valuation

Coin Supply

Circ icon Circ.: 1 000 000 000(100%)Question Mark Icon
Total icon Total: 1 000 000 000
Max icon Max: 1 000 000 000

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Website

Online icon Online

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About ValidNet

ValidNet (VAT) presents a decentralized validation network designed to address the growing concerns surrounding the reliability of AI-generated content. As artificial intelligence becomes increasingly capable, the need for a trustless framework to verify AI outputs has never been more critical. Utilizing decentralized computation, smart contracts, and a staking-based security model, ValidNet aims to establish a foundational layer of truth within the AI sector, promoting transparency and community participation in the validation process.

Central to the functionality of ValidNet is its use of lightweight node participation, enabling any computer to run a node through a desktop application or Docker, thus contributing computing power to validate AI outputs. The modular Memory Anchors serve as reusable templates to define and enforce verification protocols, allowing users not only to create but also to trade and earn rewards from these anchors. This structure ensures that all actions and results are recorded on-chain, granting full visibility and automatic reward distribution through smart contracts.

The Proof-of-Validation (PoV) mechanism plays a crucial role by having tasks verified by multiple nodes, thereby cross-checking results against one another to ensure reliability. Each node must stake $VAT to participate, with rewards for accurate validations based on task performance and uptime. This dual-layer incentive system, alongside mechanisms for slashing stakes for incorrect answers, reinforces the protocol’s integrity and encourages responsible behavior among validators. Through these innovative approaches, ValidNet strives to mitigate issues like AI hallucinations and inconsistencies, providing a robust solution for the emerging needs of the AI era.

Frequently Asked Questions

We currently have no price information of ValidNet VAT available.
The circulating supply of ValidNet is 1000000000.
The total supply of ValidNet is 1000000000.
The max supply of ValidNet is 1000000000.
Unfortunately the country of ValidNet is unknown.
ValidNet is a token running on the Ethereum blockchain.
The contract address of ValidNet is 0x2e61ba3212c4dccb4f688fc38c35c2764ee310c9.

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