BasedAI
BASEDAI
BasedAI
BTC Price Now
$5.64 USD
-12.03%
Date of Issue: 08.06.2023
BasedAI is a distributed network of machines which introduce Fully Homomorphic Encryption (FHE) with any large language model (LLM) connected to its network.... More

(BASEDAI) BasedAI Live Price Data

The live BasedAI (BASEDAI) price is $5.64, with a 24 hours CoinTide trading volume of 11K. The price of BASEDAI changed by -12.03% in the past 24 hours. With a circulating supply of 35.77M BASEDAI and a maximum supply of 35.77M BASEDAI coins. BasedAI currently ranks #2915 in market cap. You have the option to purchase BasedAI (BASEDAI) on the CoinTide exchange.
Market Price 24h % 24h High 24h Low 24h Volume
BASEDAI/USDT BASEDAI /USDT $5.6406 -12.03% 6.7444 5.6406 9755.539 Trade

About BasedAI (BASEDAI)

BasedAI (BASEDAI) is a decentralized peer-to-peer (P2P) network aimed at integrating Fully Homomorphic Encryption (FHE) with large language models (LLMs). The primary objective of BasedAI is to uphold data privacy while achieving strong computational performance by converting conventional LLMs into encrypted zero-knowledge LLMs (ZK-LLMs) using a technique known as "Cerberus Squeezing". Check out our guide on How to Buy BasedAI (BASEDAI).

 

What is BasedAI (BASEDAI)

BasedAI is a distributed network of machines that integrates Fully Homomorphic Encryption (FHE) into its operations, allowing for the processing of encrypted data without prior decryption. This innovative approach effectively addresses the challenge of balancing data privacy with computational efficiency, making it well-suited for diverse applications that necessitate secure data handling.

 

BasedAI (BASEDAI) Technology

Decentralized Network Architecture: BasedAI operates on a decentralized network of entities known as "Brains," which serve as containers for specific computational tasks. These Brains are responsible for selecting the large language models (LLMs) that miners and validators will utilize, transforming them into zero-knowledge LLMs (ZK-LLMs) using Fully Homomorphic Encryption (FHE) and the Cerberus Squeezing process.

 

Cerberus Squeezing: This quantization mechanism enhances the efficiency of encrypted computations, enabling BasedAI miners to securely handle and respond to user interactions without decrypting the data. Tokenomics and Governance: The BasedAI ecosystem utilizes $BASED tokens to reward participants and stimulate high performance. Network governance involves stakeholders utilizing Pepecoin for acquiring Brains and participating in network-wide decisions.

 

BasedAI (BASEDAI) Highlights

BasedAI is a decentralized peer-to-peer network that integrates Fully Homomorphic Encryption (FHE) with large language models (LLMs) to produce Zero-Knowledge LLMs (ZK-LLMs) through a process known as Cerberus Squeezing. This innovative approach enhances the efficiency of encrypted computations while maintaining robust data privacy without compromising performance.

 

In the BasedAI ecosystem, Brains oversee specific computational tasks, while miners contribute resources and earn $BASED tokens. Validators ensure the accuracy of computations, ensuring the network's integrity. Governance and incentives within the ecosystem are driven by $BASED tokens and Pepecoin, encouraging active participation and fostering high performance across the network.

 

Drawing inspiration from privacy-centric cryptocurrencies, BasedAI aims to securely handle sensitive data, positioning itself as a reliable solution for diverse applications that demand secure, decentralized computation.

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BASEDAI
Estimated --USD
Trade BASEDAI
  • XMW
    XMW Morphware
    0.13078
    -3.25%
  • INTX
    INTX IntelX
    0.0102
    +0%
  • PAAL
    PAAL PaalAI
    0.2865
    -15.66%
  • BYTE
    BYTE Byte
    0.000010201
    -7.26%
  • PALM
    PALM PalmAI
    1.0115
    -10.45%
  • SHARP
    SHARP SharpAI
    0.002322
    +27.3%
  • BERRY
    BERRY StrawberryAI
    0.35406
    +15.59%
  • WMINIMA
    WMINIMA WMinima
    0.07453
    +6.23%
  • NUT
    NUT NutCoin
    0.0000002486
    +3.76%
  • CNT
    CNT CoinTide
    0.0001202
    +3.45%
  • AICTO
    AICTO AutisticIntelligence
    0.00000164
    -26.77%
  • BRUME
    BRUME Brume
    0.398
    -3.33%
  • EVAI
    EVAI EVAIntelligence
    0.0283
    -5.98%
  • XMW
    XMW Morphware
    0.13078
    -3.25%
  • SHARP
    SHARP SharpAI
    0.002322
    +27.3%

BASEDAI to local currency

  • 1 BASEDAI to USD
    5.641
  • 1 BASEDAI to EUR
    5.346
  • 1 BASEDAI to AUD
    8.780
  • 1 BASEDAI to KRW
    8,060.067
  • 1 BASEDAI to JPY
    853.763
  • 1 BASEDAI to GBP
    4.426
  • 1 BASEDAI to INR
    478.559
  • 1 BASEDAI to CAD
    7.998
  • 1 BASEDAI to RUB
    563.558
  • 1 BASEDAI to AMD
    2,232.517

BASEDAI to crypto currency

  • 1 BASEDAI to BTC
    0.0000575730
  • 1 BASEDAI to ETH
    0.0015021420
  • 1 BASEDAI to USDT
    5.636
  • 1 BASEDAI to CNT
    0.000
  • 1 BASEDAI to BNB
    0.008
  • 1 BASEDAI to SOL
    0.026
  • 1 BASEDAI to XRP
    2.517
  • 1 BASEDAI to ADA
    5.452
  • 1 BASEDAI to TRX
    21.415
  • 1 BASEDAI to LTC
    0.051