Lumoz (MOZ): Computing for Blockchains and Artificial Intelligence
What is Lumoz (MOZ)?
Lumoz (MOZ) is a decentralized modular compute layer that simplifies and accelerates the deployment of rollup-based blockchain solutions while offering computational support for AI applications. Its RaaS (Rollup-as-a-Service) model allows developers to rapidly create and deploy ZK-Rollups and Optimistic Rollups, making it easier to scale blockchain ecosystems.
In addition to blockchains, Lumoz provides the computational backbone for AI tasks like data processing and model training, offering a powerful hybrid solution for developers working at the intersection of blockchain and AI.
What sets Lumoz apart is its modular architecture, which is built to maximize efficiency, scalability, and accessibility while reducing costs. This makes it the go-to platform for developers seeking fast, secure, and cost-effective solutions.
Who Created Lumoz (MOZ)?
The creators of Lumoz remain unknown.
What VCs Back Lumoz (MOZ)?
While the creators of Lumoz are not known, the protocol has garnered significant backing from some of the industry’s leading venture capital firms. These include OKX Ventures, HashKey Capital, Polygon, KuCoin Ventures, Gate Ventures, etc.
How Lumoz (MOZ) Works
Lumoz operates through a modular computing architecture that enables efficiency, scalability, and accessibility. This architecture is built on layers, with each layer performing a specific function. Let’s break it down:
1. The Modular Blockchain Layers
Modular blockchains solve the “impossible triangle” problem of blockchain technology—balancing decentralization, security, and scalability. Lumoz achieves this through a layered structure:
● Settlement Layer: Updates asset statuses on the blockchain. This layer operates on Layer 1 (L1) chains like Ethereum and ensures data security by verifying rollup data and recording results on the main chain.
● Execution Layer: Processes transactions on rollups, enabling faster and more efficient operations without waiting for L1 confirmation.
● Consensus Layer: Ensures the legality of transactions using consensus mechanisms like Proof of Stake.
● Data Availability Layer: Records all rollup transaction data, ensuring traceability and integrity.
For ZK-Rollups, an additional Prover Layer is included to handle the computational requirements for generating zero-knowledge proofs.
2. Decentralized Computing for ZKPs and AI
The Lumoz compute layer is powered by thousands of decentralized GPU/CPU nodes. These nodes handle large-scale parallel computations required for ZKPs, rollups, and AI tasks. Here’s how it works:
● zkProver Nodes: These nodes act as the computational engines, breaking down tasks into smaller pieces for parallel computation. They generate ZKPs efficiently using task splitting and recursive aggregation, reducing costs and saving time.
● zkVerifier Nodes: These nodes validate the ZKPs submitted by zkProver nodes, ensuring the accuracy and security of the system. They use distributed verification and a consensus mechanism to confirm the correctness of proofs.
3. Simplified ZKP Process
Generating zero-knowledge proofs with Lumoz follows a streamlined two-step process:
● First Submission: zkProvers submit initial ZKP results. Instead of aggregating all proofs at once, tasks are processed in parallel for maximum efficiency.
● Later Verification: zkVerifiers validate the proofs, ensuring they meet the required standards before being finalized on-chain.
4. The MOZ Token: Core to Lumoz’s Ecosystem
At the heart of the Lumoz Protocol is the MOZ token, which powers transactions, rewards participants, and supports the platform’s decentralized governance. Here’s how it works:
4.1. Utility of MOZ Tokens
MOZ tokens serve as the primary currency within the Lumoz network. They are used to pay for:
● Transaction fees
● Zero-knowledge proof computations
● AI services
4.2. Dual Token Model with esMOZ
In addition to MOZ tokens, Lumoz introduces esMOZ tokens as a way to incentivize and reward participants.
● Earning esMOZ: Users who run zkVerifier or zkProver nodes receive esMOZ tokens as rewards.
● Staking and Governance: esMOZ tokens are used for staking and participating in network governance.
● Redemption: esMOZ tokens can be exchanged for MOZ tokens at varying rates, depending on the redemption period.
This dual-token model ensures a dynamic and participatory ecosystem, allowing users to contribute to Lumoz’s growth while earning rewards.
MOZ Goes Live on Bitget
Lumoz represents the next generation of decentralized computing, providing unmatched efficiency and accessibility for blockchain and AI applications. Its MOZ token ties the ecosystem together, rewarding users while powering the platform. Lumoz offers a glimpse into the future of scalable and secure computing. With Lumoz, building for tomorrow is easier, faster, and more accessible than ever.
Join Lumoz by trading MOZ on Bitget now!
MOZ on Bitget PoolX
MOZ will be a part of Bitget PoolX, a platform for users to earn new tokens for free on an hourly basis. Join now to get the best out of it!
Locking period: 10 December, 12:00 – 17 December, 12:00 (UTC)
Pre-locking start time: 9 December, 9:00 (UTC)
Total airdrop: 2,000,000 MOZ
MOZ on Bitget CandyBomb
MOZ will come to Bitget CandyBomb, the first-of-its-kind tasks-and-airdrop platform by Bitget!
Starting from 10 December, 10:00 – 17 December, 10:00 (UTC), you can grab tickets to share 1,500,000 MOZ simply by completing the given tasks!
All you have to do is to go to Bitget CandyBomb, click on the [Join] button below the corresponding event, and complete any tasks you prefer.
Complete Tasks to Get MOZ now!
How to Trade MOZ on Bitget
Listing time: December 10, 2024
Step 1: Go to MOZUSDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell
Trade MOZ on Bitget now!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
