Aigisos Blockchain, powered by RSBFT, represents a significant shift in safe and efficient distributed ledger technology. With higher verification thresholds, it provides unrivaled security, transaction throughput, and usability, setting new benchmarks for the blockchain industry. Aigisos blockchain is based on the Byzantine Fault Tolerant (RSBFT) consensus engine and Dymension, which features a parallel secure chain and a new consensus process. Aigisos improves security and efficiency with its unique, Robust, and Secure Byzantine Fault Tolerant consensus process.

What is Aigisos Blockchain?

Aigisos Blockchain (AIDX Chain) is a RollApp blockchain based on Dymension and a security chain using a revolutionary consensus method. AIDX Chain is an entirely decentralized blockchain with excellent throughput and dual access to the EVM and Cosmos chains. Aigisos blockchain distinguishes itself by utilizing the innovative, Robust, and Secure Byzantine Fault Tolerant (RSBFT) consensus method. RSBFT improves on the previous Practical Byzantine Fault Tolerance (PBFT) method, increasing its security and dependability. Aigisos’s RSBFT consensus method combines the advantages of the Redundant State with Byzantine Fault Tolerance. This novel consensus technique assures transactions are accurately validated while allowing fraudulent activity or network disruptions.

AIDX Chain prioritized transaction security and data integrity. Aigisos uses cryptographic methods and powerful encryption techniques to ensure that every transaction is tamper-proof and resistant to unauthorized access. Including more nodes in the consensus process improves the network’s ability to tolerate Byzantine nodes, lowering the possibility of successful coordination amongst hostile actors. This increased security ensures that users’ transactions and data are secure and tamper-proof. Aigisos has been rigorously designed to manage increased transaction volumes while maintaining performance and security. The blockchain is built to grow efficiently and satisfy the needs of high-throughput applications. Aigisos also includes smart contract capability, which enables the automation and execution of established business rules. This feature increases efficiency, decreases expenses, and allows for establishing trustless and self-executing agreements. Aigisos uses a decentralized network, eliminating the need for a central authority or intermediaries. This decentralized nature improves transparency and increases resilience to single points of failure.

Vertical Development in the AIDX Chain

The Aigisos team announced that AIDX Chain will enable the ecosystem to grow vertically through the AIDX Derivatives Exchange and more complex trading functionalities. To maintain consistency and minimize confusion between the AIDX Derivatives Exchange and the Aigisos blockchain, the name Aigisos has been changed to AIDX to maintain a suitably streamlined environment. The team also revealed that in the future, all of their developments in advanced trading systems, AI improvements to our current Finch AI and newer AI implementation, and supportive blockchain tech that will be built to improve upon AIDX constantly will be done vertically, with each product empowering each other and our community, all under AIDX. With this, the platform will be able to maintain a wholly streamlined, decentralized environment within AIDX.

Background of Aigisos Blockchain

Bensam Packiaraj and his partner Jerome Thomas founded Aigisos Blockchain in 2022, headquartered in the UAE. Bensam Packiaraj became active in cryptocurrency 11 years ago, in 2013, and has since launched various crypto projects and built on many blockchains, such as Ethereum, Waves, BTS, EOS, BSC, OKXchain, and many more. Jerome Thomas has been a senior developer and team leader for Fortune 500 software companies.

In August 2022, the team developed a revolutionary RSBFT consensus engine that outperformed any current blockchain. In February 2023, the Aigisos blockchain with the RSBFT consensus engine was launched. In the first quarter of 2024, the team announced the official RollApp of Dymension Permissioned Deployment 2D, secured sponsorship from Microsoft and OpenAI, launched the chain with a novel RSBFT consensus algorithm, and launched the Dymension Testnet and AIDX Aigisos Derivatives Exchange. During the second quarter, the blockchain token was listed on DEX, AIDX, and major top-rated CEX. It had its TGE with Genesis block mining while providing an incentive stream for AIG holders and AIDX traders.

In March 2024, Aigisos received a $300,000 grant from Microsoft, which included $25,000 in AI credits for using AI and OpenAI services. The initiative is formally registered in the United Kingdom under AIG Labs Limited. Aigisos has previously created initiatives such as Autonio ($65 million), UbuckPay ($25 million), IDO Launchpad (which funded $100,000), and high-frequency algorithmic market makers for DEXs and CEXs. Aigisos has collaborated with notable partners who significantly contribute to its development.

Building a bridge with a dex that connects several EVM chains allows for cross-flow of cash and interoperability between EVM chain networks. Aigisos conducted extensive testing of their blockchain and AIDX platform, resulting in 25 million transactions, 20 million trades, 150,000 users, and 35,000 active testnet users. Aigisos has also received grant monies from the Avail team, and they spend more than $30,000 a month on server expenditures, which the company’s sponsor, Microsoft, covers.

Aigisos Blockchain Features and Products

Aigisos provides a complete trading solution based on a new consensus method integrating the AIDX exchange with the blockchain.

AIDX Derivatives Exchange

AIDX is an on-chain DeFi trading platform where users may trade AIG, significant coins, and upcoming rollapps. The exchange is scalable and capable of managing billions of dollars in trade activity, with a maximum on-chain leverage of 50X at launch. The derivatives exchange’s native token is ADX. Users can stake ADX to gain exchange fee incentives or buy ADX on the exchange using AIG. AIDX uses AI to assist individual traders by regularly training a large language model (LLM) with market data to generate trading recommendations. A liquidity counter and an insurance fund grow over time, and users can stake ALP to benefit from their growth. The exchange allows spot trading using limit and market orders. Users can trade AIG, ADX, ALP, DYM, BTC, ETH, and other assets. A 100% profit-sharing mechanism guarantees that 70% of the exchange’s profits go to ALP holders and 30% to ADX holders. Users can also conduct pre-market trading for their preferred rollapps.

The AIDX derivatives exchange has been tested by over 20,000 users, with 9 million onchain deals executed without a hitch, demonstrating the platform’s robustness. The AIDX Exchange runs like clockwork day and night without a single issue. With these capabilities, AIDX Chain aims to cater to all EVM-compatible networks, primarily focusing on assisting RollApps projects that will launch by advertising them on AIDX. The exchange will also provide a consistent revenue stream to AIDX token holders, our community, and the project.

Finch AI Trader

Finch is a trading assistant under AIDX that uses OpenAI and Microsoft Azure AI. It combines an AI agent, Lang Chain, LLM, and real-time neural networks, which evolve in response to trading data. It aims to help customers take trading positions based on live data by making trading recommendations. Finch gets user inquiries and processes them using machine learning methods. The goal is to employ AI to provide advanced trading advice and help Aigisos users succeed in their transactions. Finch will become more clever as more data is incorporated and AI agents are educated.

How to Use Finch AI Trader

Users can interact with an AI trader, receive price predictions and trading signals, and share their experiences in the Discord channel “ai-master.”

• Go to Finch AIDX.

• Select the pair for which they wish to ask Finch AI a question.

• Go to “Ask Finch, Your AI Trading Companion.”

• Interact with Finch AI by asking a question or selecting one of four pre-recorded questions.

• Users will receive a price prediction or trading indication; take a screenshot of the encounter.

Aigisos Portal Bridge

Aigisos connects major EVM blockchains, including Ethereum, Arbitrum, and Polygon. The bridge also enables Dymension rollapp connections, allowing for free-flowing liquidity between the Aigisos, Dymension, and EVM ecosystems. The Aigisos Portal Bridge connects major EVM blockchains such as Ethereum, Arbitrum, and Polygon to RollApps over Dymension. This functionality allows for the free movement of liquidity between the Aigisos, Dymension, and EVM ecosystems.

RSBFT Consensus Mechanism of Aigisos

The Aigisos blockchain employs the new Byzantine fault-tolerant consensus algorithm, RSBFT. Based on the practical Byzantine Fault Tolerance (PBFT) method, RSBFT improves security and dependability. By raising the consensus threshold, Aigisos ensures better validation levels for reaching consensus, hence defending against malicious attacks. This higher threshold necessitates a large number of nodes to obtain consensus, making the blockchain more resistant to attacks. Requiring the participation of a large number of nodes minimizes the possibility of bad actors working together to attack the network. This ensures that user transactions and data are secure and cannot be tampered with.

A consensus threshold of N=4F+1 ensures increased safety and liveness, where N is the total number of nodes, and F is the maximum number of Byzantine nodes the network can accept. RSBFT provides unparalleled levels of security and resilience, allowing the development of secure, trustworthy, decentralized applications in various areas. RSBFT maintains agreement and ensures progress, making it a safe and dependable consensus method for blockchain networks. RSBFT’s safety and liveness assurances have tremendous potential. RSBFT adds a greater level of validation by employing a consensus threshold of 3/4, which exceeds the common 2/3 criterion. This higher threshold improves security against Byzantine faults and malevolent actors, making RSBFT a stable and dependable consensus method for blockchain networks.

These consensus procedures provide two guarantees: safety and development.

• Safety: Ensures that all honest nodes in the network agree on the same transaction sequence. Nodes cannot agree on distinct transaction histories, guaranteeing that blockchain data is consistent and immutable.
• Progress: Ensures that the network continues functioning and generating new blocks even in the presence of network delays or Byzantine nodes.

Benefits of Aigisos Blockchain

Data security and identity protection are significant issues in an increasingly digital world. Aigisos meets these needs with cutting-edge features and a strong, advanced trading platform.

• Decentralized Identity Management: Uses blockchain technology to protect the security and integrity of personal information.
• Enhanced Security: Uses strong standards to safeguard data from illegal access and cyberattacks.
• Interoperability: Dymension’s versatile architecture allows easy integration with various systems and platforms.
• Scalability: The ability to handle many transactions and data without affecting performance.

What is the Aigisos Token ($AIG)?

The $AIG token is the currency, backbone, and native gas fee token on the Aigisos blockchain. It is utilized for both governance and voting. $AIG receives 100% of the AIDX derivatives exchange charge. The ALP mint and burn fees, the ALP liquidity-backed fund/insurance funds, and the liquidation fees are all returned to $AIG token holders. Any future AI integrations like Finch AI will be commercialized to generate cash for $AIG holders. The project aims for the community to own the majority of $AIG tokens from the outset, allowing them to control the entire governance, be a part of it, and ultimately decide the platform’s path. To decentralize the token, the project works to have the bulk of the $AIG token supply be managed by many worldwide who can develop the project and help it thrive within the modular space.

$AIG Tokenomics

The total supply is one billion $AIG. The public allotment includes an airdrop for rolldrop participants and incentive testnet participants. At the outset, the community receives 40% of $AIG (public allocation, private sales, and Launchpad), making it the most significant token holder.

Private Sale

The Aigisos private sale takes place in four tranches, with the price of AIG increasing with each subsequent tranche. The private auction is open only to ChampApe and Rolldrop and to confirmed role holders on Discord. The pricing of the AIG and tranche system is designed to ensure fair and transparent pricing, and the procedure is made available to our consumers at a low fdv to ensure user success on private sale transactions. The Aigisos private sale provides an exclusive opportunity for our select role-holder users to purchase at a lower price than the public launchpad costs. The funds collected through the private sale will be used solely to help Aigisos grow to 10 million users. Meanwhile, $AIG token holders earn passive income via AIDX Exchange fees and staking. Most of the revenue raised in private sales will go to two destinations.

Conclusion

Aigisos is a fascinating initiative to follow in the realm of Dymension RollApps. It blends blockchain security with artificial intelligence to provide novel decentralized trade solutions. The positive flywheel effect of incentive streams from AIDX exchange trading fees, insurance funds, AIG liquidity pool fees, swap and borrow costs, leveraged trading and liquidation fees, and ALP minting and burning fees gives AIG token holders and Aigisos various revenue streams. The blockchain is poised to improve with the AIDX exchange and the Aigisos blockchain, combat-tested with over 10 million transactions and a community of about 100,000 strong.