Swan Chain, a Layer-2 OP Superchain Built for AI Computing

Artificial intelligence (AI) and blockchain are two of the most disruptive and transformative technologies of our time. Both fields have seen rapid innovation and adoption in recent years, creating new possibilities and challenges for various domains and industries.

In this article, we will explore how Swan Chain, an Ethereum layer-2 AI computing blockchain built on OP Stack, is uniquely positioned at the intersection of these two fields, offering a novel solution for decentralized cloud computing that supports AI applications.

The AI Computing Landscape

AI experienced a remarkable growth spurt from 2022, with over 12,000 new tools and applications emerging in various domains. From generative text platforms like ChatGPT, to artistic applications like MidJourney, to the integration of AI capabilities into existing software like Photoshop, AI tools have expanded the scope and possibilities of creative expression.

The keyword ‘AI tools’ has skyrocketed in search volume in the US

However, the rapid growth of AI tools faces a major bottleneck: the scarcity of computing resources. Conventional cloud computing platforms may not be able to handle the demands of advanced AI applications.

Data center revenues and forecasts four years out

Nvidia’s A100 and H100 chips, which power many AI applications, have become harder and more expensive to obtain in 2023. Despite data center revenues reaching around $100 billion in 2023, building new data centers is not an easy or cheap task. Moreover, the computational needs of AI models are growing faster than the available hardware can support.

Swan Chain’s Unique Position

Swan Chain emerges as a game-changer in this landscape. It’s an Ethereum layer 2 AI computing blockchain built on OP Stack, uniquely positioned at the intersection of AI and blockchain. Swan Chain offers a novel solution for decentralized cloud computing designed to overcome the challenges of traditional AI development.

Blockchain as the Coordination Layer

Historically, coordinating these scattered GPUs into usable clusters for AI workloads was a major hurdle. Swan Chain solves this challenge through the power of blockchain. It provides a secure and efficient platform to incentivize and connect GPU owners, creating a decentralized network accessible to AI developers.

Tapping into Potential of DePINs

Instead of relying on centralized data centers, Swan Chain leverages the power of DePINs. These networks tap into the vast pool of unused consumer GPUs (estimated at 1.5 billion) and idle data center GPUs not owned by big cloud providers. These GPUs often possess similar performance to enterprise ones but remain underutilized.

The DePin Landscape 2024

Swan Chain’s Benefits for AI Computing

Up to 90% Cost Savings

DePIN networks like Swan significantly undercut traditional cloud providers, offering cost savings of up to 90%.

Cost comparison between dePIN networks vs. cloud giants

Scalability and Efficiency

By integrating Optimism’s OP Stack, Swan Chain ensures scalable and secure blockchain interactions, a vital aspect of decentralized computing. This is further strengthened by its collaboration with Filecoin and IPFS, emphasizing its dedication to secure and efficient data management.

Streamlined AI Development

At the heart of Swan Chain is the Swan Orchestrator, the most advanced blockchain scaling and computing technology to drive the AI revolution. It offers a powerful decentralized computing network capable of effortlessly handling complex applications. Specific features include:

  • Simplified AI Model Management: Build, deploy, and scale AI models with ease.
  • Optimized Resource Allocation: Obtain computing resources at optimal prices through the unique Auction Engine.
  • Immediate Data Processing: Edge Data Centers enable fast global data processing for enhanced responsiveness.
  • Secure & Efficient Payment Management: Smart contracts automate task management and payments, eliminating complexities.

Developer-Friendly Features

Swan Chain extends a variety of additional features that make it an appealing choice for developers. These features include the capability to develop exceptionally fast dApps, a significant reduction of up to 90% in gas fees compared to Ethereum, and the expedited deployment of dApps.

The toolkit provided by Swan Chain equips developers comprehensively, offering seamless data storage via Multi-Chain Storage, sophisticated code management through Lagrange, and robust RPC services.

Last Words

AI and blockchain are two fields that are constantly evolving and innovating. As they converge, they create new opportunities and challenges for developers and users alike. Swan Chain, as an Ethereum layer 2 AI computing blockchain, is at the forefront of this exciting intersection, offering a novel solution for decentralized AI cloud computing.

Also, Saturn Testnet — the public testnet of Swan Chain is now open for testing. We invite you — the beloved members of the community — to join us in exploring and improving our platform.

Website: https://www.swanchain.io
Twitter: https://twitter.com/swan_chain
Telegram: https://t.me/swan_chain/
Discord: https://discord.gg/swanchain
LinkedIn: https://www.linkedin.com/company/swancloud