What is 0G Coin? An article to understand the Zero Gravity ecosystem and its operational mechanism

Source: BTCHaber Original Title: What is 0G coin? Original Link: https://www.btchaber.com/0g-coin-nedir/

What is 0G Coin?

0G is the world’s first decentralized artificial intelligence operating system. The system is called deAIOS, and it is also an AI-centric blockchain. The ecosystem’s cryptocurrency is 0G. Its goal is to transform artificial intelligence from products owned by a few centralized companies into products owned by the public.

Basic Principles

0G provides the necessary infrastructure for AI to operate on the blockchain. Due to the enormous AI data loads, 0G’s blockchain needs to be much faster than traditional blockchains.

The system uses AI Alignment Nodes to ensure security. These nodes ensure that the model’s behavior aligns with expectations. The common name “Zero Gravity” represents the creation of a “weightless” environment where data and computation can be seamlessly executed.

0G Founders

0G was founded in 2023 by Michael Heinrich, Thomas Yao, Ming Wu, and Fan Long.

How 0G Works

The 0G system adopts a modular architecture consisting of four layers. These layers are 0G Storage, 0G Compute, 0G Chain, and 0G DA.

0G Storage is a decentralized network that stores large datasets required for AI model training.

0G Compute is a marketplace where users can sell GPU computing power to developers. Like each other layer, it helps create a lower-cost, more accessible ecosystem.

0G Chain is a modular blockchain that enables execution processes involving artificial intelligence. Traditional blockchains are not designed to handle large datasets. 0G Chain fills this gap. At the consensus layer, it ensures all participants agree on the network state. In the execution layer, it executes smart contracts and processes AI logic.

Uses and Features of 0G Coin

0G Coin plays a vital role in the operation of the 0G (Zero Gravity) ecosystem. It is both a utility token and a gas token, with EVM (Ethereum Virtual Machine) compatibility.

All transactions on 0G Chain use 0G Coin as the gas token. Users wishing to purchase GPU resources from 0G Compute also need 0G Coin. Additionally, users who want to participate in the network consensus mechanism can stake 0G.

Token Distribution

The total supply is 1 billion 0G tokens, allocated as follows:

• Ecosystem Development: 28%
• Supporters: 22%
• Team and Advisors: 22%
• AI Alignment Node: 15%
• Community Rewards: 13%

How to Buy 0G Coin

To buy 0G Coin, first create an account on a cryptocurrency exchange. Then complete the identity verification process. To complete the purchase, your account must have a balance. If you don’t have a balance, you can choose bank transfer, credit card, or other payment methods. After depositing funds, you can buy the desired amount of assets.

Purchase Steps

1. Click on “Buy/Sell” or “Market” at the top of the exchange homepage. Then enter 0G in the search box to purchase.

2. On the buy/sell page, click the “Buy” button to start trading. If you don’t have an existing account, you need to create one; if you do, just log in.

3. Enter the amount you decide to purchase and proceed with the transaction. After deciding the investment amount, you can confirm the trade. The exchange will automatically check your account balance. When sufficient, the transaction completes. If insufficient, you can add the required funds via the deposit option.

4. In the final step, click the “Buy” button again to confirm the transaction. Cryptocurrency purchases are executed immediately, and the purchased crypto will be transferred to your account shortly.

Disclaimer: This article does not contain investment advice or recommendations. Every investment and transaction involves risks; readers should conduct their own research before making decisions.