BasedAI

Name: BasedAI Introduction Video
Uploaded: 2025-04-28T15:54:03Z
Duration: 1 min 33 s
Description: Decentralized AI network integrating homomorphic encryption with large language models

About BasedAI

Launched Jan 03, 2025

Introduction Video

Description

Decentralized AI network integrating homomorphic encryption with large language models

BasedAI is a Layer 1 cryptocurrency platform that combines AI with blockchain technology. It introduces a decentralized infrastructure capable of integrating Fully Homomorphic Encryption (FHE) with large language models (LLMs) connected to its network. The platform aims to address privacy issues in AI usage through innovative mechanisms like "Cerberus Squeezing" and zero-knowledge proofs

BasedAI Key Features

Decentralized AI infrastructure
Integration of FHE with LLMs
Zero-knowledge LLMs (ZK-LLMs)
Cerberus Squeezing mechanism
$BASED token for governance and utility
Cross-chain compatibility

BasedAI Use Cases

Developing privacy-preserving AI models
Participating in decentralized AI governance
Accessing advanced AI functionalities
Staking and earning rewards
Facilitating secure peer-to-peer transactions
Investing in AI and blockchain technology

Pros

Decentralized infrastructure ensures higher security and privacy.
Integration of Fully Homomorphic Encryption (FHE) enhances data confidentiality.
Combines AI with blockchain technology, offering a cutting-edge approach to AI development
Addresses privacy issues through innovative mechanisms like 'Cerberus Squeezing' and zero-knowledge proofs.
Layer 1 cryptocurrency platform offers scalability and efficient transaction processing.

Cons

Complexity of the technology could result in a steep learning curve for new users.
Limited user reviews may indicate a smaller user base, affecting community support and feedback.
Decentralized approach might impact performance and speed compared to centralized systems.
Being relatively new, it might face adoption challenges in a competitive market.
The need for cryptocurrency understanding could be a barrier for non-technical users.