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AIOZ Network is a comprehensive infrastructure solution for web3 storage, decentralized AI computation, live streaming, and video on demand (VOD). It is a combination of cosmos and compatibility of Ethereum Virtual Machine (EVM).
Consensus mechanism- It uses tender mint core and delegated proof of stake mechanism. It also employs a novel consensus mechanism called Proof-of-Delivery (PoD). After the content is delivered, Proof of Delivery will be sent back to the HUB node for verification.
The nodes in AIOZ decentralized content delivery network (dCDN) network are divided into three types
Content providers (CP)- sources of video content
HUB nodes - there are plenty of nodes that hold the responsibility of controlling, assessing, and monitoring other Edge Nodes to ensure smooth operation over the entire network.
The main tasks of HUB Nodes are to:
• To deal with Edge Nodes on the client's behalf,
• require Edge Nodes to provide Proof of Transcoding, Proof of Storage, and Proof of Delivery to keep track of their compliance with the smart contract's terms and conditions.
Reward edge nodes after finishing tasks provided by the client.
Edge nodes - Edge Nodes are individual nodes with redundant resources that they can share in exchange for AIOZ Network tokens
Main features-
Instant Finality
Low transaction fees
Supports Solidity and WASM smart contracts
AIOZUSD surged nearly 150% in the past two weeks. The pair holds above the short-term (21 and 55 EMA) and above the long-term moving average. It hit a high of $0.2967 and is currently trading around $0.2915.
The bullish invalidation can happen if the pair closes below $0.10. On the lower side, the near-term support is $0.2350. Any break below targets $0.190/$0.1550. Significant downtrend if it breaks $0.150.
The pair's near-term resistance is around $0.300. Any breach above confirms minor bullishness. A jump to $0.380 is possible. A surge past $0.380 will take it to $0.50.
It is good to buy on dips around $0.0150 with SL around $0.0100 for TP of $0.0200.
