Translucent Joins the Allora Network as a Node Operator

Mar 27, 2024

Translucent joins Allora Network as a Node Operator

We are excited to announce that we’ve joined the group of node operators that help secure the Allora Network. Translucent is a highly experienced provider of oracle and appchain infrastructure solutions for a large gamut of clients, including

Our infrastructure is hosted on both bare metal servers and Google Cloud. We primarily run our lightweight services on Google Cloud Platform (GCP) in London. For heavyweight services, such as RPC, we utilize a cluster of bare metal servers located in our colocation facility in Scotland. All services are orchestrated through Kubernetes clusters. To ensure the reliability and availability of our services, we have implemented a comprehensive suite of custom monitoring and alerting services. This enables us to provide 24/7 support.

With our extensive track record with perp DEXs, NFT data networks, and institutional trading platforms, Translucent is uniquely positioned to help the Allora Network establish a strong foundation and enable it to thrive by deploying as a node operator in the beginning days of the network.

"I see our collaboration with Allora not just as an opportunity but as a mission to redefine the boundaries of AI and blockchain technologies,” Ijonas Kisselbach, CEO of Translucent. “Being a node operator on Allora's decentralized network empowers us to contribute directly to an ecosystem where innovation, security, and collective intelligence are paramount."

Evolution of the Allora Network and Translucent

AI, however, is the most deflationary, expressive form of compute to ever exist and can process large amounts of information much more intelligently. For the past 3 years, Upshot has been building AI-powered crypto infrastructure to power new applications and protocols in gaming, lending, market making, and more. The flagship ML model Upshot Labs created for pricing long-tail assets (such as NFTs) is one of the most effective in the space, pricing more than 400 million assets with more than 95% accuracy.

The team’s earlier work in subjective consensus mechanism design, along with learnings gathered from building AI-powered crypto infrastructure, led them to create the Allora Network, a self-improving decentralized AI network that harnesses both the efficiency of AI and the wisdom of the collective to reach one mission: transform intelligence itself into a digital commodity.

As an Allora node operator, Translucent furthers that mission by operating both a validator to secure the Allora chain and a Reputer to rate the performance of the ML models delivered by Allora Workers, performing a critical service that reinforces the self-improvement mechanism of Allora.

"Collaborating with node operators like Translucent is crucial to the success of Allora,” says Nick Emmons, CEO of the Upshot team that created Allora. “Ijonas and his team’s dedication to secure blockchain infrastructure directly contributes to the growth and security of the network.”

Why We Chose the Allora Network

As a pioneer in Web3 infrastructure, we are always seeking to support the growth of cutting-edge protocols that drive net-new use cases. In our pursuit of this goal, we sought a versatile solution that would allow us to focus on creating innovative infrastructure tools.

After a comprehensive review of available networks, we chose to integrate with Allora due to the network's unique benefits, which align perfectly with our mission:

  • Collective Intelligence—Models in Allora’s network continuously learn from each other, enhancing its collective intelligence and enabling it to self-improve over time.

  • Tamper-Proof Outputs—Allora utilizes zkML and cryptographic verification to create outputs that are verifiably secure and unalterable, ensuring trust in AI's decisions.

  • Privacy Protection—Allora protects personal data through local processing, reducing the risk of breaches and preserving user privacy.

  • Universal Access—Allora offers permissionless, composable access to AI, enabling builders everywhere to innovate and create with AI as a foundational element.

  • Balanced Outcomes—Allora leverages diverse data inputs to reduce bias, leading to more balanced and fair AI-driven outcomes.

  • Context-Awareness––network participants forecast each other’s performance under the current conditions, thereby creating a form of context-awareness that enables the network to achieve the best inferences under any circumstances.

About Translucent

Translucent has established itself as a leading provider in the blockchain infrastructure domain, with a strong focus on delivering top-tier Chainlink oracle services and comprehensive application blockchain solutions. Our dedication to excellence has made us a trusted partner for businesses seeking to leverage blockchain technology to enhance their operations.

To learn more about Translucent, visit our website, follow us on Twitter, and join our Discord.

About the Allora Network

Allora is a self-improving decentralized AI network.

Allora enables applications to leverage smarter, more secure AI through a self-improving network of ML models. By combining innovations in crowdsourced intelligence, federated learning, and zkML, Allora unlocks a vast new design space of applications at the intersection of crypto and AI.

To learn more about Allora, visit the website, Twitter, Medium, Discord, and developer docs.