Welcome to CryptoNewsICO,
on this occasion I will discuss IAGON Project. Why am I writing about the IAGON
Project?
Because I am sure you
will need this project in your life very much, this project is very useful for
us all around the world.
Yes please, you guys on
the IAGON project.
The
recent development in Artificial Intelligence (AI) and Big Data technologies and
the dramatic increase in adoption of these technologies signify an ongoing and
exponentially growing demand to both storage capacity and for computational
processing power vis-Ã -vis the broader adoption of these technologies.
Big
Data technologies such as the Hadoop framework (notably its MongoDB , HDFS and
Spark databases) require vast amounts of storage capacity, either in a
centralized or a distributed manner, for processing and managing Big Data
files. To a large extent, Big Data technologies support the exponential growth
of data in any type of organization , within web based services and social
networks and their implementation is essential to support the proper operation
and processing of these vast amounts of data
(see Fig. 1).
Machine
learning and deep learning processes (notably Google’s TensorFlow, Caffe and
Theano; see also: Dean et al., 2012, Ray, 2017) carry out advanced
computational pattern recognition, image recognition and predictive analytics
that require high volume of computations . The scenario of an exponentially
growing demand for both Big Data and AI capabilities is solid and highly tangible , given that
both technological areas are the basis
to support IoT and Industry 4.0 systems . Additionally, though Big Data and AI technologies are only at
their infant stages of implementation, most of the corporates and public
institutes have begun examining their application to improve many aspects of
their operations
ARCHITECTURE
The
architecture of IAGON ’s Open Source
platform can be broken down into three unique sections. The sections are the
machine learning algorithm , the Blockchain and miners , and the
encryption/decryption protocol . When a request is sent to IAGON, the machine
learning algorithm sends blocks of data over to the miners to process and find
for matching signatures . These blocks of data are then sent back to be
validated over the blockchain along with an output which the machine
learning algorithm will use to identify
a node. It will be impossible to
identify a node without processing the data in multiple blocks and to
identify a correlation thus this
provides a level of anonymity and privacy to the users utilizing IAGON’s
platform.
Individual
miners will not beable to identify a certain request or node unless they have
access to enough blocks . Blocks are distributed evenly to miners by utilizing
proof of variance and does not store any of the data within their local systems
. This allows data to be process anonymously without being able to identify any
single node individually except through the machine learning algorithm . In
addition, Miners are incentivized to process the data quickly to earn rewards ,
as such it would not be ideal for miners to actually spend time , energy and
money to try to store or process the data.
The
Blockchain allows data to be broken down into blocks and sent across nodes. The
hashing algorithm utilizes SHA 256 and hashes each block with its previous hash
to create a chain . When data is received back from an individual node, the
data output will be matched against the hash of its corresponding block and
validated against its header to determine if the output data is valid. This way
of processing provides a unique
method towards distributed
processing as it provides a layer of integrity to the data being processed and to determine
if the output has been tempered in any way. In the event any of the miners have
manipulated the data in anyway, the returning block will be rejected and the
block will be sent over to a different node to be reprocessed . Miners receive
incentives based upon the number of processes they perform – in simple speak,
the more data they process the bigger the incentives.
The
encryption and decryption protocol allows for secure storage of data within any
external or internal platforms. This provides a unique approach towards
decentralization as any external platform with an API can simply be integrated
to IAGON’s platform to utilize its services. What makes IAGON unique is the
fact that IAGON is able to integrate seamlessly with current database
architecture including SQL, NoSQL, Big data databases, private Blockchain,
hyperledger, or any public Blockchain or decentralized network.
IAGON
takes a very different approach towards data mining. IAGON does this by
utilizing a private Blockchain with public network protocols over API networks.
A miner does not need to store any of the data in order to mine, the miner’s
sole duty is to honestly process the data and send the output back to IAGON’s
machine learning algorithm for analysis.
Data
mining on IAGON ’s platform does not
have the need to perform complex algorithm
to solve an equation. Instead, IAGON uses the decentralized computing
network to distribute load and increase speed for mundane data processing tasks . Block tasks are distributed to miners using the proof of variance method
. Miners will need to match the data signature from the data input and find its
corresponding data object in the block and return the data output. The miners
do not need to store any of the data it processes, and once the data has been
validated to belong to the specific block, the miner is considered to have
mined the block. The miner receives rewards based on the number of data points
it mines, and if no data is found within the block the miner does not receive
any reward. This will incentivize miners to complete mining the entire block
and to increase the number of blocks they mine. The incentive mechanism
discourages miners from just mining a block until the first data output is
achieved because of the speed limitations associated with network connections
will prove to be uneconomical , as such miners will be encouraged for their own
benefit to completely mine the entire block to find all possible data points
that matches the data input.
Blocks
are generated at a bounded rate and
there are no communication between miner’s clients. The server connecting the
miners to IAGON’s platform uses a multithreaded server to distribute and
receive results. Blocks are sent over HTTP-based protocols so that clients
inside firewalls can connect to it. There are two methods currently to approach
block storage and removal from miner’s unit. The option would be to process
purely in memory provided by the random -access memory unit in a computer or
introducing a garbage collector program that effectively removes the block from
disk. The mining client architecture should allow it to run as a background
process or a GUI application. To support different architectures , the best
approach would be to create multiple
threads , where one thread does communication
and data processing while the other thread handle GUI interactions
(Anderson, 2002). Proof of variance allows IAGON to identify the typical speed
at which miners take to process a block . In the event a miner is disconnect ,
goes offline or does not complete computation
on its block , the block is resent to other nodes in the network.
IAGON
will expand its operations to support using its Smart Computing Grid and Secure
Lake technologies on the Tangle platform , in addition to operating them on the
Ethereum Blockchain . The Tangle technology is based on application of a
directed acyclic graph (DAG). Mathematically , the Tangle generates a
stochastic process on the space of Directed Acyclic Graphs (DAGs) that “grows”
in time by attaching new vertices to the graph according to a Poissonian clock
. Yet, no vertices (edges ) are deleted . When that clock signals the system ,
a new vertex appears and attaches itself
to positions on the graph selected by
random walk processes on the prior state of the graph (Popov et al., 2017).
The
application of the Tangle technology assists in resolving some of the issues
associated with the implementation of the Blockchain technology for a large
scale of operations , including the difficulties to scale the blockchain, to
achieve consensus on the validity of blocks when the new blocks continuously
arrive. By applying the Tangle technology , IAGON can offer an alternative
solution for organizations with Big Data repositories that can support large
scales of processing and storage management tasks.
IAGON
does not use the Blockchain like other cryptocurrencies. Even its use case
approaches data processing in a more conventional method hence using a POW
(proof of work) or POS (proof of stake) mechanism to reward a particular miner
for discovering a particular block is not a viable solution. Hence IAGON uses
its own mechanism for determining miners’ contribution and processing speed
using a method know as proof of variance . Proof of variance classifies each
miner based on their contribution into a pool. Miners within the same pool then
compete which each other. Miners from lower pools get upgraded or downgraded
based on several factors but the two main factors are speed and amount of data
miners are able to find. Proof of variance
uses a combination of
algebraic theory and probability functions
to compute a miner ’s
contribution and which pool the miner can be classified under. This allows for
newer miners to profit from mining data and increase their processing assets
exponentially while miners investing
more into their assets can obtain an immediate return on their investment. The
probability theory utilizes both discrete and continuous functions and results of
mining change over time.
Information
ICO
Token IAG
PreICO Price 1 IAG = 0.06 USD
Price 1 IAG = 0.12USD
Accepting ETH
Minimum investment 0.1 ETH
Soft cap 5,000,000 USD
Hard cap 50,000,000 USD
Whitelist/KYC KYC
Restricted areas USA, China
Okay now we are at the
end of the article, my suggestion please you visit the official website,
whitepaper, and their official media below to get more information. Thank you
for visiting my website, see you later.
Posting Komentar