Restake Becomes the Node Operator on Allora Network

Published on: 09.05.2024
Restake Becomes the Node Operator on Allora Network

Restake, a company specializing in institutional blockchain architecture, has joined the Allora Network as a node operator. This collaboration brings together Restake’s expertise in secure infrastructure with Allora’s self-improving decentralized AI network.

Restake’s Contribution to Allora

Restake leverages its experience securing over $200 million in assets to establish a strong foundation for the Allora Network. Their vendor-agnostic node deployment framework utilizes Infrastructure as Code and automation for maximum efficiency. Restake strategically selects hosting solutions and locations to optimize decentralization while maintaining network connectivity.

Allora Network: A Self-Improving AI Ecosystem

Allora Labs, the developers behind Allora Network, have been building AI-powered crypto infrastructure for the past three years. Their AI models have successfully produced high-confidence price predictions for a vast amount of assets.

The Allora Network is a culmination of the team’s prior work in consensus mechanisms and AI infrastructure. It combines the power of artificial intelligence with collective intelligence to create a self-improving decentralized network.

Restake plays a crucial role in this network by operating both a validator and a Reputer. The validator secures the Allora chain, while the Reputer assesses the performance of AI models within the network, reinforcing Allora’s self-improvement mechanism.

Why Restake Chose Allora

Restake is committed to supporting innovative protocols that drive new applications in the web3 space. Allora’s unique features, including collective intelligence, context-awareness, tamper-proof outputs, universal access, and balanced outcomes, resonated with Restake’s vision.

  • Collective Intelligence: Allora’s network continuously learns and improves through collaboration between its models.
  • Context-Awareness: Network participants predict each other’s performance under specific conditions, enabling optimal inferences.
  • Tamper-Proof Outputs: Allora utilizes zkML cryptography to ensure the security and verifiability of AI outputs.
  • Universal Access: Allora provides permissionless access to AI, empowering developers to leverage AI in their creations.
  • Balanced Outcomes: Allora reduces bias through diverse data inputs, leading to fairer AI-driven results.

About Restake

Restake is an institution-backed company with a proven track record in building secure and transparent blockchain infrastructure. Their leadership has experience in successful web2 and web3 ventures.

Website | Twitter

About Allora

Allora is a decentralized AI network that allows applications to access smarter and more secure AI through a network of continuously improving machine learning models. By combining advancements in crowdsourced intelligence, reinforcement learning, and regret minimization, Allora unlocks a new era of applications at the intersection of AI and blockchain technology.

Website | Twitter


Market Stats:
BTC Dominance: 53.97%(-0.12%/24h)
ETH Dominance: 18.26%(0.00%/24h)
Defi Market Cap: $88.57B(-28.90%/24h)
Total Market Cap: $2350.29B(+0.23%/24h)
Total Trading Volume 24h: $33.7B(-47.83%/24h)
ETH Market Cap: $428.93B
Defi to ETH Ratio: 20.65%
Defi Dominance: 3.58%
Altcoin Market Cap: $1081.74B
Altcoin Volume 24h: $24.4B
Total Cryptocurrencies: 30351
Active Cryptocurrencies: 10113
Active Market Pairs: 82800
Active Exchanges: 782
Total Exchanges: 8740
BTC: 64333.36$(-0.04%/1H)
ETH: 3510.03$(-0.17%/1H)
AVAX: 25.76$(-0.49%/1H)
BNB: 591.24$(-0.15%/1H)
MATIC: 0.58$(-0.17%/1H)
FTM: 0.58$(-0.97%/1H)
ADA: 0.39$(-0.31%/1H)
DOT: 5.76$(-0.26%/1H)
UNI: 9.98$(-0.12%/1H)
CAKE: 2.26$(-0.21%/1H)
SUSHI: 0.81$(0.07%/1H)
ONE: 0.02$(-0.18%/1H)