ATA: Decentralization service protocol serving dapps middleware

Introduction

In today’s rapid development of blockchain technology, Automata Network, as a revolutionary decentralized service protocol, is completely changing the way dApps protect privacy. Through its innovative middleware services and traceless privacy computing technology, Automata not only provides developers with powerful blockchain privacy solutions, but also brings users an unprecedented level of security experience. Let’s explore the world of Automata Network together.

##Automata Network: The Pioneer of Privacy Computing Revolution As a decentralized service protocol, Automata Network is revolutionizing the blockchain world with privacy computing. The protocol provides dApps with a unique middleware service layer, enabling seamless privacy, high assurance, and frictionless computation. The core advantage of Automata Network lies in its innovative privacy protection technologies, including the use of trusted execution environments (TEE) such as Intel SGX and Oblivious RAM technology. The combination of these technologies provides users with an unprecedented level of privacy protection, potentially surpassing traditional centralized cloud service providers such as AWS and GCP.

The privacy middleware layer of Automata Network acts as a bridge between dApps and underlying blockchains. It protects user privacy by processing data and transactions, while ensuring the transparency and security of the blockchain are not compromised. This unique approach enables Automata Network to support various privacy-related use cases, such as anonymous voting, untraceable indexing, and minimal extraction of maximum value (MEV). The implementation of these features not only enhances user experience, but also injects new vitality into the entire blockchain ecosystem.

##ATA Token: Fueling the Decentralized Privacy Ecosystem The ATA token is the core driver of the Automata Network ecosystem. As a versatile utility token, ATA plays multiple roles in the network. First, it is a key tool for network governance, allowing holders to participate in proposal creation and voting, directly influencing the platform’s development direction and network parameter settings. Secondly, ATA tokens are distributed as mining rewards to storage and compute miners, incentivizing them to provide necessary resources and services to the network. Additionally, users need to pay ATA tokens as protocol fees to use the storage and computing services provided by the network.

The total supply of ATA tokens is 1 billion, with an initial circulating supply of 172,252,000 ATA, accounting for 17.23% of the total supply. This supply structure aims to ensure the long-term sustainable development of the network while providing sufficient incentives for early participants. This balanced distribution scheme aims to ensure that all stakeholders of the network receive appropriate incentives, while reserving sufficient resources for future development and expansion.

##Witness and Conveyor: Reshaping Blockchain Privacy and Fairness Automata Network’s two core products, Witness and Conveyor, are redefining the privacy and fairness standards of the blockchain world. Witness, as an innovative off-chain voting governance solution, provides users with a new way to participate in governance. It not only enables voting with zero gas fees, but also allows users to choose different levels of privacy protection, ranging from fully public to fully private. This flexibility enables more users to actively participate in the decision-making process of the project without worrying about privacy leaks or high transaction costs.

Conveyor is committed to addressing a major issue in the blockchain world: maximum extractable value (MEV). By establishing a predefined transaction ordering mechanism, Conveyor creates a secure zone without front-running transactions. This not only protects users from potential MEV attacks, but also enhances the fairness and efficiency of the entire network. The implementation of Conveyor relies on advanced trusted execution environment technologies such as Intel SGX, ensuring that even system administrators cannot tamper with transaction ordering.

The combination of these two products not only demonstrates the technical innovation capabilities of Automata Network, but also reflects its commitment to building a more fair, transparent, and privacy-protecting blockchain ecosystem. By addressing the key challenges facing the current blockchain industry, Automata Network is setting new standards for the entire industry.

Conclusion

Automata Network is leading the revolution of blockchain privacy computing, and its innovative technology provides strong privacy protection for dApps. The ATA token, as the core of the ecosystem, not only drives network governance, but also incentivizes participants to contribute resources. Products such as Witness and Conveyor are reshaping the privacy and fairness standards of blockchain, demonstrating Automata’s strength in technological innovation. Despite facing competition and regulatory challenges, Automata Network is still expected to become a leader in privacy solutions, bringing a more secure and transparent future to the blockchain world.

Risk Warning: The market is highly volatile, and technology is developing rapidly. Automata may face fierce competition, and investors need to carefully assess the risks.

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Author: Charles T., Gate.io researcher *This article represents the author’s opinion only and does not constitute any trading advice. Investment involves risks, please make decisions carefully. *This article is original, and the copyright belongs to Gate.io. If you need to reprint, please indicate the author and source, otherwise legal responsibility will be pursued.