Blockchain can only thrive if it is capable of growing, but making it scalable to a perpetual level has been an issue. Take Ethereum for example. While it changed the scalability game through its smart contracts, limitations continue to persist. We can observe this in the slow transaction speeds and the limited use cases being developed.

AI can help optimize it. But implementing blockchain with AI has been a major point of contention. Lightchain AI is here to change that, which it does by providing a simple solution -- an AI-focused blockchain.

This new form of blockchain gives users a new consensus mechanism, one that does not rely on how fast a system is or how many tokens one has. It also offers an ecosystem in which AI models can be created, deployed, and even shared on a marketplace. With the community controlling the new AI narrative, high scalability is now closer to becoming a reality.

Furthermore, Lightchain AI is part of an ongoing presale, giving you the opportunity to become part of this innovation from the ground up.

So, will Lightchain AI set the new standard for global scalability?

It is a project's vision that makes people excited about it, and what a vision Lightchain AI has. Blending two simple concepts -- Proof of Intelligence and Artificial Intelligence Virtual Machine -- is unprecedented.

Proof of Intelligence makes the action of creating AI models rewarding, and AIVM offers an ecosystem where these models can be executed. But is that all they are?

Ethereum's Proof of Stake consensus mechanism is groundbreaking, but what is the point of breaking new ground if the environment continues to suffer and optimal scalability is not achieved? Proof of Intelligence offers a solution. It doesn't simply give rewards to anyone. Meaningful contribution has to be made, and only then can the tokens be delivered.

This approach makes every computation meaningful. And since no useless computation takes place, energy is saved, and adaptive problem-solving is promoted.

With AIVM, previous roadblocks that stopped AI computations from emerging on blockchain are removed. The system works akin to a Web2 interface, making it possible to create data-driven decentralized applications on the fly. Furthermore, since it is tied to the PoI, improved AI models can be introduced to its ecosystem, creating a feedback loop and making perpetual evolution possible.

The AI framework is also auditable, ensuring more accountability. But the fact that makes Lightchain AI more conducive to groundbreaking innovation is community-driven governance.

With multiple minds working in tandem, it becomes possible for this project to not only become more scalable but also more intelligent.

While there is no denying the revolution Ethereum has brought to the blockchain space thanks to its Ethereum Virtual Machine, there are many factors that stop it from being great. Three issues that hold Ethereum Virtual Machines back are as follows:

Ethereum was first introduced into the market as a Proof of Work chain. While things have now shifted towards Proof of Stake completely with Ethereum 2.0, there is still an issue of high traffic. And when there is high traffic, there are high processing demands, which end up slowing down the transaction speed while inflating the gas fee.

There have been a slew of Layer 2 solutions in Ethereum. These solutions rely on rollups, which is essentially the bundling of multiple transactions so that computation power isn't spent on each transaction separately. While it has somewhat circumvented the scalability issue, it is very complex, and the centralization problem is not going away.

Finally, there are environmental issues stemming from redundant computation that should not be ignored. While Ethereum has tried to curtail energy wastage using Proof of Stake, it is not enough.

These shortcomings haven't stopped Ethereum from dominating the crypto scene. However, AIVM offers a better solution.

It is an adaptive solution, ensuring that energy is only spent on meaningful tasks. It is an inclusive solution, ensuring that most people can come and participate. And finally, it is a more scalable solution, aided by a decentralized body that jointly decides the direction toward which the ecosystem evolves.

While Ethereum has dominance when it comes to adoption, that dominance is more because of fewer available options. Lightchain AI is here to provide a better, more suitable alternative using a decentralized AI-driven approach.