HyperCycle

Hypercycle is a new layer 1 blockchain network designed to supply massively scalable, low-cost infrastructure for decentralized AI, and other applications. HyperCycle will leverage SingularityNET’s Proof of Reputation consensus mechanism and TODA’s data structures and core algorithms.

Technology

The project is being led by TODA’s co-founder Toufi Saliba and SingularityNET’s CEO Dr. Ben Goertzel.

Features:

• TODA – A secure communication and coordination protocol on decentralized networks. Relies on the same underlying data structures and encryption mechanisms as standard blockchain platforms, but combines these in a radically different way to enable tremendously greater scalability.
• Proof Of Reputation – PoR uses weighted liquid rank based reputations as the basis of a consensus mechanism for blockchain networks. The PoR framework uses the interaction of nodes in a network over time to determine the amount of reputation associated with each node in the network. A node’s reputation is calculated by blending together a normalized set of ratings and the corresponding reputation values of the node providing the rating at a given point in time, rather than simply the value of the direct rating given by other nodes.
• Hydra – Hydra is the algorithmic and software framework enabling the Cardano mainchain to communicate efficiently and elegantly with other blockchains. It supports implementation of what would informally be called sidechains, and also of proxies to other fully autonomous and separate blockchains.

Early Applications:

• Swarm AI – Evolutionary Learning, Algorithmic Chemistry, Ensemble ML: The desire to run population-based AI methods on-chain – for instance, running a genetic algorithm with population members as onchain agents and crossover and mutation are on-chain transactions.
• Ratings and Rewards – for in online networks
• Decentralized payments – payments processing, and the tokenized decentralized management of computing power done on the NuNet platform.
• Public & Private Chains – Flexibly harmonizing public and private chains