Ritual is developing an execution layer for AI, starting with Infernet, a tool enabling developers to access AI models both on-chain and off-chain.
Description
Here's how it works:
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Integrating AI and Cryptography: Combining these technologies for open AI model creation and distribution.
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Key Features: They focus on computational integrity, privacy, censorship resistance, decentralized APIs, and reducing costs.
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Ritual Superchain (RS): A flexible blockchain system where users choose their execution layer (like L1 or Rollup) and Data Availability (DA) layer. It's designed for easy app development and improves security over time. It uses Stateful Precompiles functions (SPCs) to help developers.
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Infernet: A tool that takes an AI model and data, computes output, and provides a proof. It blends on-chain (blockchain-based) and off-chain (outside the blockchain) processes.
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Objective: Ritual aims to create an ecosystem for AI to operate freely and securely in a decentralized and permissionless way.
In summary, Ritual is building a network to develop AI products in the blockchain world, focusing on security, privacy, and simplicity for developers.