DeepBrain Chain Progress Report #155 07.01–07.31(2024)

Dear DeepBrain Chain community members,

Please see below for the progress we have made in July 2024.

I. Product Development Progress

Distributed Computing Network:

• LLM large model now supports streaming;
• Organized unit tests and model interface addresses;
• Added a whitelist function to the client-end, and the AI ​​project party can set up to reject connections from non-project nodes;
• When querying the node list running the specified project and model, the system now brings RTT connection delay statistics;
• Added wallet signature verification-related parameters to AI model-related nodes ;
• Optimized the model calling interface that uses the project name without NodeID;
• Fixed the problem of failure to establish direct streaming;

DeepBrain Chain Mainnet:

• Joint testing and debugging of the AI ​​mining service’s forwarding function for task execution requests;
• Deleted the AI ​​mining service’s function of using the proxy forwarding of registration/deregistration requests;
• Added signature verification development and self-testing for requests related to session task execution in the AI ​​mining service ;
• Development and self-testing of health detection services in AI containers;
• Developed an interface for reporting to the health detection cluster;
• Positioned and solved the problem that the total number of GPUs under the stash account of miners on the DBC chain does not match the number of machines;
• Pre-compiled contract development and debugging for on-chain AI project registration and other functions;
• Developed DBC precompiled contracts from metamask to substrate;
• The system now supports querying DBC price in the contract;
• The DBC testnet block generation time is optimized to 6 seconds;

II. Marketing Progress

• The DBC computing power mainnet has been officially launched, and as of July 31st, 2024 Singapore time, the GPUs in the computing power mainnet have reached 810. Other latest data on-chain are: 11 computing pools are participating, total computing power value reached 231,287.04, these GPUs have pledged a total of 80,544,803 DBC, GPU rental rate reached 77.40%, and accumulated rental income reached 3,683,566,818 DBC, total rent burnt: 63,939,963 DBC, please refer to the official website for details: https://galaxyrace.deepbrainchain.org/;
• On July 5th, DBC Councilor, Felix Hu, and other Web3 experts joined a group panel on the discussion how DePIN and AI are completely changing the future of Web3;

• On July 9th, CoinMarketCap updated DBC-related data including circulating supply;
• On July 27th, DBC held the “Future of Decentralized AI” summit at Stanford University. The event was co-organized by the Bay Area Founders Club and brought together many industry leaders such as Gumi Cryptos, Tess Ventures, Hack VC, Y+ Ventures, DeepLink Protocol, DecentralGPT, and other ecosystem partners based on the DBC AI public chain. The founder and CEO of DBC introduced the revolutionary product DBC2.0 artificial intelligence public chain, which will be launched after 7 years of research and development, which will greatly lower the threshold for decentralized artificial intelligence entrepreneurship and open a new era of tokenization model;

• On July 27th, at the “Future of Decentralized AI” summit, DBC’s ecosystem project ,DeepLink, and its CMO Brando (Hollywood actor) and DeGPT’s CTO Anwar (a professor at Columbia University) also demonstrated and shared products on behalf of their respective projects;

• Latest data of DBC on-chain:
  Liquidity：4.06B（73.15%）
  Token Pledged：1.381B（24.88%）
  Other：108.69M（1.95%）
  Holding account：213,128
  Total supply：5.55B
  Inflation rate: 6.08%
  Treasury fund: 143.8882M
• Community proposals
  Council Proposal №118 and motion 192 is voted to pass
  Proposed by: 5EhufbNqd5BzDvyjwNAx6fyZTYtSsu9FVC3pQu57dGiYv2ih
  Date: 2024/06/20
  Amount: 4M DBC
  Proposal topic: Webx Event in Tokyo
  Proposal detail: https://www.reddit.com/r/DBC_Council/comments/1djj5hv/proposal_118motion_192_japan_webx_event/
  Detail on-chain:https://dbc.subscan.io/treasury/118
• Council Proposal №119 and motion 193 is voted to pass
  Proposed by: 5HTWQk6JXDCZ5d6QDu8Cfobyy1TbJLWczohqJhhFvWhZdrEn
  Date: 2024/07/11
  Amount: 22.5M DBC
  Proposal topic: Subsidies for first batch of miners in Sichuan
  Proposal detail: https://www.reddit.com/r/DBC_Council/comments/1dpsr9g/proposal119motion193proposal_for_the_first_batch/
  Detail on-chain:https://dbc.subscan.io/treasury/119
• Council Proposal №120 and motion 194 is voted to pass
  Proposed by: 5G7MMgnbocnKPhoqx1PioCWN16gpSUHxF6CuGqYW6dpFacZh
  Date: 2024/07/09
  Amount: 2.7M DBC
  Proposal topic: Cost of an event for AI developers at Stanford University in San Francisco in July
  Proposal detail: https://www.reddit.com/r/DBC_Council/comments/1dyx9z2/proposal_120_motion_194_requesting_funding_for/
  Detail on-chain:https://dbc.subscan.io/treasury/120
• Council Proposal №122 and motion 195 is voted to pass
  Proposed by: 5G7MMgnbocnKPhoqx1PioCWN16gpSUHxF6CuGqYW6dpFacZh
  Date: 2024/07/17
  Amount: 130M DBC
  Proposal topic: Treasury token financing market making funds
  Proposal detail: https://www.reddit.com/r/DBC_Council/comments/1e64udg/proposal_122_motion_195_requesting_deepbrain/
  Detail on-chain:https://dbc.subscan.io/treasury/122

III. Ecosystem Building

• Continuing to push for product application in the Korean, Singaporean, Vietnam, and other markets outside of China; Korean DBC-IDC officially established and Cloud Internet Cafes are being set up;
• In order to ensure the rental rate of your DBC computing nodes, please follow the recommended configuration and GPU model of the mainnet when launching online;

HYCONS

• Completed the modification of the rental process (added the function of canceling the rental and deleted the confirmation button);
• Adjusted the leasing process (changed from 4 steps to 3 steps);
• Modified the user interface of payment history (including points information) after payment is completed;
• Modified the payment cancellation and refund process user interface;
• The points management user interface has been modified;
• Fixing 1:1 query error;
• Adding wallet function (importing existing wallet);
• Cleaning up background search errors;
• The device management cloud desktop UI is being modified;
• In the process of repairing the device status and other related things.

Contact information for joining the network:

E-mail: feng@deepbrainchain.org

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Try our product as an AI user or a GPU power provider:

www.dbchain.ai

DBC Wiki：https://deepbrainchain.github.io/DBC-Wiki/

Main social media platform:

Telegram (English) ： https://t.me/DeepBrainChainGlobal

Twitter: https://twitter.com/DeepBrainChain

Reddit ：https://www.reddit.com/user/DeepBrainChainGlobal

Official e-mail address: service@deepbrainchain.org

About DeepBrain Chain

DeepBrain Chain is the world’s first AI computing network powered by blockchain technology.

Our Mission: To connect global computing power, build a distributed high-performance computing power network, and construct computing power infrastructure for the era of 5G +AI.

Our Vision: Become the world’s largest computing network.

DeepBrain Chain’s computing power network can help AI practitioners/enterprises/universities/research institutions, cloud gaming, rendering, blockchain and other users to save on computing power cost, improve computing efficiency and enhance product experience.

Yours sincerely,

The DeepBrain Chain Team