• Golem Network powers decentralized AI and CGI with peer-to-peer computing, rewarding providers with GLM tokens.
  • Beldex strengthens Web3 privacy with anonymous transactions, PoS shift, and dApps like BChat and BelNet for secure browsing and messaging.
  • Elastos scales Bitcoin with BeL2, enabling smart contracts, zero-knowledge security, and merged mining for enhanced blockchain performance.

From AI-powered computing with Golem to Beldex’s privacy-first crypto and Elastos’ Bitcoin-enhancing tech, these projects are reshaping blockchain innovation

Golem Network(GLM) Expands Decentralized Computing for AI and Complex Computations

Source: Coinmarketcap

Golem Network advances its decentralized marketplace for distributed computing by offering peer-to-peer resource sharing which enables users to obtain processing power. Users can access GLM tokens by sharing their unused computing power which creates a smooth marketplace model for distributed computing operations. Users function as two types: Requestors set computing task bids while Providers accomplish those tasks to earn GLM tokens.

The Golem platform executes on the Ethereum Mainnet while using blockchain to divide larger computational tasks into smaller subtasks which it distributes among multiple providers. The distributed processing capability aids performance and reduces computation duration which establishes it as an effective solution for creating complex AI systems as well as CGI visualizations and extensive computational needs.

Beldex(BDX) Strengthens Privacy in Web3 with Confidential Transactions

Source: Coinmarketcap

Beldex continues its Web3 security and privacy advancement through development of a decentralized confidential network. BDX functions as the native cryptocurrency for the project which launched in 2018 and enables secure anonymous payment transactions. RingCT and stealth address innovations from Beldex provide users with transaction privacy protection that blocks unauthorized access to their data.

Beldex plans to switch away from Proof-of-Work (PoW) to Proof-of-Stake (PoS) thus achieving better network performance as well as reduced costs and improved scalability. The Beldex ecosystem allows users to access and utilize different decentralized applications (dApps) that include BChat BelNet and the Beldex Browser which provide VPN services along with secure messaging and private browsing features. 

Elastos(ELA) Enhances Bitcoin with Layer 2 SmartWeb Technology

Source: Coinmarketcap

Elastos utilizes blockchain principles to scale Bitcoin operations through the BeL2 solution which functions as a Layer 2 framework. The SmartWeb technology integration enhances transaction speed while adding smart contract abilities together with enhanced security through Zero-Knowledge Proof protocols. Through merged mining Elastos brings more than 50% of Bitcoin hash power into its network thereby maintaining strong network security and trustworthiness.

The Elastos ecosystem has blockchain and runtime as well as carrier and software development kit (SDK) as its core components. Network separation occurs through these elements which preserve platform flexibility and optimize application performance for decentralized systems. 

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Yasmin is a crypto content analyst and writer with over 2 years of experience. She has a strong understanding of the crypto market and blockchain technologies. As an avid trader who stays updated on the latest trends and news, Yasmin delivers insightful and informative content.