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Oasis, a privacy layer dealing with artificial intelligence and Web3, has announced a new project. As per the platform, it is unveiling a unique framework ‘ROFL’ to provide computing support concerning off-chain mechanisms to runtimes such as Oasis Sapphire. The company took to social media to offer details of this endeavor.
Oasis Unveils a Unique Framework called ‘ROFL’ for Improved Off-Chain Computing Support
In its latest series of X posts, Oasis mentioned that the platform intends to start decentralized AI. For this purpose, it is reportedly creating ROFL. Blockchains are innovative in their capability to offer trustless computation. Nonetheless, the consumers can do limited things on-chain. Keeping that in view, a question arises about the expansion of the computation abilities concerning blockchain technology.
We’re on a mission to pioneer decentralized AI 🚀
— Oasis (@OasisProtocol) July 17, 2024
This is why we’re developing ROFL, a framework that adds computing support for off-chain components to runtimes like Oasis Sapphire
This is a game-changer
Here’s why: 🧵👇 pic.twitter.com/jfZV1S6tTO
Particularly, this takes into account the provision of physical infrastructure and the development of oracles for streaming data assets. In addition to this, it also includes the development of representations of physical real-world assets. Hence, the advent of ROFL provides a solution for these things. ROFL is the full form of runtime off-chain logic. It takes off-chain components to the on-chain environment.
In this respect, it carries out remote attestation as well as proofs to use the trust and security of Oasis. With this endeavor, the users can enjoy improved verifiability, trust, and privacy. The project has significant potential for development. It deals with chain abstraction, in-depth defense, and decentralized artificial intelligence training of oracles.
The Initiative Targets Eliminating the Limitations of On-Chain Computations
Hence, the innovative approach focuses on addressing the limitations that the on-chain computations face. It opens a broad series of cutting-edge possibilities to revolutionize blockchain technology. The capabilities of the blockchains are often restrained by the limitations of on-chain processing. Therefore, to solve this issue, ROFL has profound implications.
It transforms the blockchain’s efficiency when it comes to building. It enables everything such as unconventional AI agents along with self-directing collections of non-fungible tokens. This improved flexibility and composability denotes a new epoch of complexity and innovation in dApps.
As included in the current development, the Eden 24.0 Upgrade is witnessing the integration of foundational support regarding ROFL. This will reportedly enable critical features that Oasis Core 24.0 possesses. The upgrade signifies a remarkable move in the mission of Oasis Protocol to widen the frontiers of decentralized AI and blockchain technology.