BLOCX is preparing to launch its V2.0 mainnet this week, aiming to make blockchain technology more accessible while integrating advanced AI functionalities.
Author: Sahil Thakur
BLOCX is preparing to launch its V2.0 mainnet this week, aiming to make blockchain technology more accessible while integrating advanced AI functionalities. The upgrade is expected to focus on faster transactions, GPU monetization, and a user-friendly experience, catering to both crypto enthusiasts and newcomers.
BLOCX 2.0 is designed to make blockchain practical for daily use. The platform combines advanced technology with simplicity, allowing users to interact with crypto as easily as sending a text. Once live, the mainnet is expected to support rapid transactions, with speeds of 3 seconds and a throughput of 4,500 TPS. This would make BLOCX faster than Bitcoin and Ethereum, paving the way for real-world adoption.
One of the standout features of the new upgrade is GRIDBOX, a decentralized marketplace. According to BLOCX, GRIDBOX will enable users to rent out their GPUs to AI developers and earn $BLOCX through a dual-reward system called Proof-of-Machine (PoM). Users will receive rewards for listing their GPU and earn additional income when it gets rented out. The platform aims to turn idle hardware into an income stream while powering AI model training and graphics rendering.
BLOCX 2.0 aims to prioritize ease of use. Once live, users will be able to add BLOCX to their MetaMask wallets within seconds. The platform will support staking, swapping, and secure transactions through a web wallet designed to feel as straightforward as online banking. According to BLOCX, the goal is to make blockchain accessible even to those without a technical background.
The project also plans to adopt a greener approach by shifting from Proof-of-Work (PoW) to Proof-of-Stake (PoS) and introducing PoM. BLOCX states that this transition aims to reduce energy consumption, aligning with sustainability goals similar to Ethereum’s recent upgrade.
GRIDBOX is expected to be a peer-to-peer marketplace where users can list their GPUs for rent. AI developers will be able to utilize these resources for training models or creating game graphics. According to BLOCX, GPU owners will earn dual rewards: one for listing and another when the device is rented. The system is designed to turn unused hardware into a cash-generating asset.
BLOCX aims to tap into the growing GPU market, projected to reach $63 billion by 2028. With GRIDBOX, users can participate without needing expensive mining rigs, making the ecosystem more inclusive.
According to BLOCX, they acknowledge that frequent changes, such as moving from PoW to PoS and introducing PoM, can feel overwhelming for the community. However, the company states that these changes are strategic, aiming to create new opportunities and maintain network efficiency. BLOCX emphasizes its commitment to transparency and community involvement through regular updates and open discussions.
The community was pleased with the announcement. Most of the comments were generic and nothing specific related to the update or anything though.
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
