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    OpenLedger Leverages Ether FI’s $6 Billion TVL to Improve Security and Scalability

    Yeek.ioBy Yeek.ioDecember 17, 2024No Comments3 Mins Read
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    Leading decentralized artificial intelligence (DeAI) solutions provider OpenLedger is partnering with Ether FI, a restaking infrastructure platform with $6 billion in TVL, to enhance security and improve scalability.

    OpenLedger, a decentralized platform dedicated to advancing artificial intelligence, announced its strategic collaboration with restaking platform Ether.fi to bolster network security. Through the partnership, OpenLedger will leverage Ether.fi’s restaking infrastructure and its $6 billion in TVL to not only improve security but also the scalability of the DeAI ecosystem. This aims to improve the solutions provided to developers while building specialized AI models. 

    The partnership bonds well with the goals and missions of OpenLedger and Ether FI– advancing AI and improving security across blockchain systems respectively – to enhance the development of futuristic decentralized applications and platforms. 

    According to a core contributor on OpenLedger, the partnership will allow developers to build complex and specialized AI models and provide trustless data for developers to efficiently train and scale workflows. 

    “Decentralization thrives on trust and resilience. Partnering with Ether.fi enables OpenLedger to elevate these principles by leveraging its restaking infrastructure,” the core contributor added. “This collaboration reflects our shared vision of a decentralized ecosystem that is secure, scalable, and future-proof.”

    Notwithstanding, the collaboration also aims to support OpenLedger as it prepares for the launch of its testnet, a significant milestone in its mission to democratize access to decentralized AI.

    Ether FI has grown into one of the largest staking protocols in the past year, reaching the $6 billion milestone in total value locked, second only to Eigen Layer. The platform -provides robust security and operational support to growing blockchain startups. This enables developers to build scalable, trustless solutions that enhance blockchain security throughout L1 and L2 networks.

    On the partnership with OpenLedger, Ether.fi CEO and Co-Founder Mike Silagadze said:

     “Ether.fi is excited to shape the future of AI models and data infrastructure with OpenLedger. Through the utilization of our security and operators, we will work with OpenLedger to service the growing community of builders in need of specialized models and data for training, fine-tuning, and scaling their AI workflows.”

    A Futuristic Future With Secure DeAI Solutions

    As a rising ecosystem, decentralized AI is shaping how developers and users interact with this futuristic technology. The ecosystem is gradually transforming the artificial intelligence landscape by distributing decision-making across networks rather than relying on centralized entities.

    Pioneering the growth of DeAI has seen OpenLedger rise to become one of the biggest platforms offering such solutions. The protocol provides users with democratized access to DeAI, creating scalable solutions for developers while ensuring data security and transparency.

    The integration of Ether FI is yet another step forward for the company, with the proven staking infrastructure providing a foundation to support the next phase of its development. In addition, the collaboration will also enable OpenLedger to onboard developers seeking to create smarter AI models with verifiable data. Finally, the collaboration will ensure secure processing for AI models and workflows, a critical requirement for developers and organizations in need of specialized solutions.

    The partnership follows a strong growth year for OpenLedger, with multiple companies and startups leveraging its industry-based solutions and investors flocking to support the development of adaptable AI models. Recently, the company successfully completed an $8 million funding round led by Polychain Capital and Borderless, showing strong investor confidence in OpenLedger’s vision. 

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