Planck's Constant Chain
The Planck Constant Chain serves as the bedrock of the Planck Network to democratise access to AI compute power. Built using the robust Substrate framework by Parity Tech, the EVM-compatible Planck's Constant Chain offers a secure, scalable, and future-proof foundation for the network's operations.
Build on a Proven Foundation: Substrate Framework
The Substrate framework, chosen for its flexibility and customization capabilities, empowers developers to create high-performance blockchains tailored to specific needs. This is evident in the adoption of Substrate by popular blockchains like Polkadot, Kusama, Chainlink, and Moonbeam. The Planck Constant Chain leverages the power of Substrate's core modules like balances, accounts, and governance, ensuring a solid foundation.
Custom Functionality for AI Needs
While relying on established Substrate modules for core functionalities, the Planck Constant Chain goes a step further. Recognizing the unique demands of a decentralized AI network, the chain incorporates a custom fee structure and operations specifically designed for AI tasks. These custom operations include:
AI Query Initiation: This signed operation allows users to initiate AI queries on the network, blocking the required amount of PLN tokens (Planck's native token) within their wallet.
AI Query Completion: Once the AI inference is complete, this signed operation facilitates the distribution of PLN tokens to network participants who contributed processing power to fulfill the query.
Scalability and Efficiency
The Planck Chain utilizes a efficient and scalable solution: Proof-of-Useful-Work (PoUW). To achieve efficient off-chain processing, we leverage zero-knowledge virtual machines (zkVMs). These specialized environments execute computations without revealing the underlying program details. The zkVM outputs two key pieces of information: the updated state resulting from the computation and a cryptographic proof verifying the state's legitimacy. This approach keeps the computationally intensive calculations off-chain, along with the proof itself. Consequently, the blockchain experiences significant performance gains in terms of transaction processing speed.
Planck's PoUW Mechanism. Here are the basics:
Focus on Useful Work: Instead of solving arbitrary puzzles, PoUW assigns tasks that contribute to the core functionality of the network – processing AI queries. Miners (or validators) compete to execute these AI computations.
Real-World Value Creation: PoUW ensures that the computational power of the network is directed towards completing user-initiated AI queries. This creates a direct link between the work done by miners and the value generated for the network.
Lower Energy Consumption: By eliminating the need for pointless computations, PoUW has the potential to be significantly more energy-efficient compared to traditional PoW mechanisms. This aligns with the growing focus on sustainability in blockchain technology.
Last updated