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Could you give our readers a quick intro to the background of ZeroHybrid Network?
Most of the computations on the current internet are untrusted; they lack policies or schema to ensure the computation processes are correctly executed because everything is centralized in the web 2.0 age. With the help of blockchain technology and the widely spread TEE-based chipsets, we can construct the world on trusted computation based on the ZeroHybrid Network.
Zero-Hybrid Network is a decentralized trusted computation network based on blockchain, which will be the underlying fundamental infrastructure of the future digital world. ZeroHybrid Network constructs a trusted computing environment on computing-capable entities such as PCs, servers, and mobile devices. It uses substrate to realize a multi-terminal and multi-architecture blockchain network, which combines computing-capable devices in all corners of the world to form a globally trusted computer network.
Could You Tell Us the Highlights of ZeroHybrids Network?
First ARM-Based Trusted Computing Network
For the past few years, ARM processors have played a significant role in the digital world. Tech giants such as Microsoft (Surface Pros), Apple, and many servers are employing ARM as the heart of their computing. Considering the massive advantages, all suggest ARM processors will be the future of computing.
First Mobile Enabled Trusted Computing Network
ZeroHybrid Network aims to power up the trusted computation network based on mobile phones with the help of blockchain technology. Compared with mining machines and PCs, mobile devices can provide computing power and allow more users to participate in the network. This factor makes full use of the huge mobile computing resources to achieve decentralization truly
Hybrid Architecture
ZeroHybrid uses a hybrid architecture to enable mobile services and other devices using ARM processors to contribute computing power simultaneously. With ZeroHybrid, each trusted computing task and provider’s activity will be recorded on the blockchain, and computing power rewarded with tokens mined during computation.
What does ZeroHybrid aim to do and solve in this sector?
ZeroHybrid Network’s trusted computing solution may solve data isolation and data circulation issues in this digital economy. ZeroHybrid Network targets providing solutions for the following problems:
Trusted computing resources: The smart contract executed in the TEE consumes private computing power resources and takes up an operation time for the mining machine. Unlike traditional blockchains, ZeroHybrid’s smart contracts execution does not rely on consensus algorithms. Therefore, each contract only runs in one TEE, enabling parallel smart contract execution on the network.On-chain computing: Every transaction is packaged by the block TEE and synchronized to the entire network. A large amount of data will occupy ZeroHybrid’s on-chain data space. Also, this process needs to consume on-chain computing resources. The larger the amount of data generated by the operation, the more the consumption of on-chain computing resources. We refer to the design of POA and other project networks, which creates a way to reduce the transaction rate and cost to a very low level.Storage resources: The ZeroHybrid Network design is for joint computing in the state of large-scale, long-tail data encryption. It will encourage miners as much as possible to upload and call other parties’ data for encryption and TEE decryption calculations under the ZeroHybrid protocol.
Could you tell us some of the components that exist in ZeroHybrid?
The Zero-Hybrid Network has several components, including UserNode, ChainNode, ProcessEngine, OrderBook, and others.UserNode is equivalent to a light miner, which can only initiate a transaction, submit the computing jobs, and inquire about the transaction status. ChainNode handles the transaction requests and verifies a trusted execution environment through a random challenge. Furthermore, it handles package transactions. ProcessEngine handles task orders and triggers job execution by contributing the corresponding VCU to obtain responsive workload rewards. Lastly, the OrderBook is used for storing order and workload proofs.
What is the consensus mechanism/mining protocol ZeroHybrid operates on, and the rationale for choosing that protocol?
ZeroHybrid adopts the PoA consensus mechanism, which will elect a leader on the network. Election rules are based on the VCU ability a miner offers; it utilizes the verifiability of proof and is based on valid ALT numbers to confirm the leader. The leader miner will produce the current block. Proof-of-Activity (PoA) combines the PoW and PoS protocols, meaning participants can mine or lay down a share to validate the blocks. Therefore, the PoA protocol provides a balance between miners and ordinary members of the network.
Can you share with us your Tokenomics? About the $ZHT token, can you tell us about its total supply, availability?
ZeroHybrid will issue ZHT as an ecological governance coin, with an initial total of 1 billion. The complete token distribution will come after the ZeroHybrid network’s mainnet launch. Before the mainnet launch, ZHT’s distribution will be through ERC20 or testnet.
In token economics, 52% will go to ZHT miners; the amount is through mining while the number of mined blocks decreases linearly. ZHT ecological construction will take 20% including 5% for LPO, 5% for market operation, 7% for ecological reward. and 3% for airdrops. The institutional private placement is 20%, project team, 5% (the network will unlock 20% every 6 months), and lastly, for project consultancy, 3% (25% unlocked before the token listing).
What are the main functions of ZHT, and how would it be used in the ZeroHybrid ecosystem?
ZHT will have a couple of utility functions, namely:
Obtain trusted computing resources: ZHT is used for settlement for trusted computing power purchases, on-chain resources, and on-chain data storage within the Zero-Hybrid Network.Data transaction fees: ZHT is the legal settlement currency for data transactions in the Zero-Hybrid ecosystem.Community governance: Users holding a certain ZHT amount have the right to participate in Zero-Hybrid community governance and voting.Payment for other services: ZHT will also come in handy for the settlement of other applications or services in the Zero-Hybrid ecosystem.
What are the present and future goals of ZeroHybrid?
Our vision is to form a world-class and universal trusted computing protocol network in the future. ZeroHybrid is a hybrid-trusted computing network built for mobile devices. There are about 4 billion mobile devices globally, and we want to make sure that our ecosystem considers that. We also took a lot of time to improve the user experience so that our applications so that anyone can use them easily.
One of our main goals is to bring useful utilities and solve real-world problems in an economically viable way for the project and to sustain our growth. We are not a project that lacks real ambition besides being a tradable asset. Our focus is to become a sustainable business with products that could change the future.
How do you keep the ecosystem going in your project? And what are your plans for future innovations?
We are constantly updating our service and our product, forging partnerships to expand our network. In the near future, we hope to offer our services in different ecosystems.
How would you plan to promote ZeroHybrid in non-English countries/regions? Does ZeroHybrid run local communities for them to better learn about the project?
Several reputable institutions such as BlockSync, CMS Holdings, Exnetwork Capital, JRR Group, Lancer Capital, Vega Ventures, YBB Foundation, and Zentech Capital have invested in ZeroHybrid. These partners support ZeroHybrid with solid marketing & localization resources on community building.
Also, we are organizing more hackathons in several cities to help developers better use and deploy their smart contracts on ZeroHybrid. ZeroHybrid has a strong community covering the United States, China, South Korea, Vietnam, European countries. Additionally, our partners and friends are helping our project to be known worldwide.
What could ZeroHybrid do as a partner?
ZeroHybrid provides a trusted exception environment:
that help the project handle private information such as passwords and private keys securelyguarantee that the platform will never leak information to the node or othersprove that the data has not been tampered with.enables off-chain computing of smart contracts, thus reducing gas bills and improving scalability
Zero provides the development of customized smart contracts to its clientele. In turn, the client can customize the intelligent tools and development tasks. Eventually, they can package the computing tasks and make them available to a third party.
Anything that you wish to be executed in a trusted environment, we could partner to design the designated contract for you.
Telegram：https://t.me/ZeroHybridNetwork
Twitter：https://twitter.com/ZeroHybridOffic
Website：http://zerohybrid.network/
Discord: https://discord.gg/qNMJZQr4pe
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Disclaimer: This article is not intended to be a source of investment, financial, technical, tax, or legal advice. All of this content is for informational purposes only. Readers should do their own research. The Capital is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by reliance on any information mentioned in this article.
Project Rundown Interview with ZeroHybrid Network was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.
