Gensyn logo
Website

Gensyn

Gensyn is the hyperscale, cost-efficient compute protocol for the world’s deep learning models. The network unites all of the world’s compute into a global machine learning cluster, usable by anyone at any time.

Seed Round: $6.5 Million

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

saakuru banner

Overview

Project industryAI & Neural Networks
Product typeProtocol
FoundedUnited Kingdom
WhitepaperGensyn White Paper Open

What is Gensyn

The Gensyn Protocol is a layer-1 trustless protocol for deep learning computation that directly and immediately rewards supply-side participants for pledging their compute time to the network and performing ML tasks. The protocol requires no administrative overseer or legal enforcement, rather facilitating task distribution and payments programmatically through smart contracts. As described above, the fundamental challenge in building this network is the verification of completed ML work. This is a highly complex problem that sits at the intersection of complexity theory, game theory, cryptography, and optimisation.

A simple solution is to check the honesty of workers by re-doing their work. At a bare minimum, this requires a doubling of the operations required ('single replication'); however, even with replication, the issue of trust remains unless the verifying party is the actual requestor of the work (in which case, they wouldn't request the work as they'd simply perform it themselves). Therefore, ensuring the honesty of the verifying party can generate an infinite chain of replication, where each new verifier is required to check the work of the previous verifier.

Details

Raised: 6,400,000 USD

Legal

Registration year: 2020

Project team

Harry Grieve
Harry Grieve
Co-founder
Harry Grieve linkedin
Ben Fielding
Ben Fielding
Co-Founder
Ben Fielding linkedin
Bernhard Schuster
Bernhard Schuster
Engineering Manager
Bernhard Schuster linkedin

Social media

Gensyn web-siteGensyn LinkedInGensyn TwitterGensyn Discord

Increase your Conversion Rate

Add our widget to your website and make an announcement of the listing in your social media

Horizontal
Square
Light
Dark
Height: 50 px
Width: 160 px

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

Newly Published