Many Layer-1 networks prioritize hype over utility, or are geared toward general use rather than specific financial use cases. As a result, key challenges, such as interoperability and governance, can be overlooked, rendering networks ineffective for institutional use cases or large-scale Decentralized Application (dApp) deployments. However, there could be a solution.
On Wednesday, February 11th, Ault Capital Group unveiled its innovative Cosmos-based Layer 1 blockchain. It’s specially designed for trading, settlement, and cross-chain infrastructure. The Ault Blockchain blends cross-chain interoperability with Ethereum Virtual Machine (EVM) compatibility to create an open, scalable trading environment, where developers can deploy Ethereum smart contracts without rewriting code.
The Ault Blockchain is currently in its testnet phase, marking the first time developers, infrastructure operators, and early participants have had the opportunity to try it out for themselves, with their testing and feedback being critical ahead of the mainnet launch.
Instead of adopting a centralized approach, which can create a dichotomy between users and executives, Ault Blockchain is focusing on democratic governance. The Ault DAO manages the project through on-chain governance, overseeing critical aspects such as protocol rules, long-term upgrades, and economic parameters, while ensuring users’ voices are heard.
Ault Blockchain’s focus on real-world utility is reinforced by its founder and executive chairman, Milton “Todd” Ault III’s statement:
“Ault Blockchain was built the opposite way most networks are built. We started with real financial use cases and then designed the blockchain to support them. Participation is based on defined roles and verifiable work, not speculation, with transparent economics intended to support long-term network health from day one.”
Contribution-Based Token Distribution
Public token sales are the lifeblood of many new crypto projects, but they reward speculative activity and often lead to significant sell-offs after launch. Concentrating distribution on actual participants ensures tokens are in the hands of real users, which can contribute to a stronger post-launch foundation and superior long-term price action.
Ault Blockchain is clearly aware of these issues. It’s taking an emissions-based approach, distributing tokens based on verifiable network activity, including consensus security and licensed infrastructure operations. This system is handled at the protocol level, ensuring fair and trustless dissemination.
Ault Blockchain Utility and Validation
While its utility will expand as the network becomes established and evolves, Ault Blockchain will provide significant value at launch:
- Licensed Mining Nodes are a core element of the Ault Blockchain. They provide verifiable off-chain services. At launch, this will include cryptographic randomness, but use cases are expected to expand to cover oracle services, data, indexing, and AI workloads. Operators earn rewards from the emissions supply, which comprises 99.9995% of the AULT token supply.
- Validators secure the Ault Blockchain and contribute to network consensus. Users can participate by staking a certain number of AULT tokens. They earn rewards generated from gas fees and priority transaction tips.
Ault Blockchain Development and Infrastructure Partners
Several established development and infrastructure partners are supporting the development of the Ault Blockchain, including
- B-Harvest: Responsible for protocol engineering and network architecture.
- Xangle: Working on developing Ault blockchain explorers and ecosystem hubs.
- QuickNode: Provides the RPC infrastructure, enhancing reliability and interactivity.
- Protofire: Developing Safe-related tooling for EVM-based environments.
Looking Forward
While Ault Blockchain has already completed an initial protocol security audit, additional testing will take place before launch for a seamless, safe user experience. Similarly, validator onboarding will ramp up before the mainnnet is released, ensuring the network is scalable and can handle a high level of concurrent users.
Following the mainnet launch, the Ault team will shift its focus to its roadmap objectives, which include spot trading on Decentralized Exchanges, lending services, and perpetual contract trading. Down the line, other advanced workloads will be explored, evaluated, and deployed, steadily increasing the Ault Blockchain’s use cases.
With over half a decade of experience commentating on the cryptocurrency market and even more as a trader and investor, Jay has developed a robust knowledge base that enables him to dive deep into the inner workings of crypto platforms and the broader market to deliver unique, user-focused insight.
Jay's work has spanned public relations firms, crypto projects, affiliate sites, and news outlets.
