Introducing the Beta Uptime Tilling on HyperPG
Entering the Thrilling Uptime Tilling Era
Gather around, HyperCycle Enthusiasts!
Today isn’t just another day on the calendar; it’s a monumental leap in HyperCycle’s odyssey. Thanks to the unwavering commitment of participants globally, we’re not only introducing the Uptime Tilling Era on HyperPG but also celebrating its commencement!
That’s right!
- Tilling has already kicked off, and if you’ve opted to acquire node licences on Cryptopia or Nodemarket, you don’t have to do anything as they are both taking care of this for you.
- We’re diligently developing a feature that will allow the splitting of Masternode licence into individual licences that can then be activated to run nodes.
- Nodemarket and Cryptopia are in the process of finalising their dedicated hubs and dashboards to ensure you witness every bit of this magic.
The future is bright, and we’re ecstatic to have you on this journey with us!
1. Ahead of the Curve with Uptime Tilling
Uptime Tilling, Demystified
At its core, Tilling is the consistent cryptographic recording of events in sync with the network’s heartbeat. Uptime Tilling, therefore, represents the foundational phase of building the Uptime of all the Masternodes responsible for establishing HyperCycle’s decentralised AI network. It is a crucial parameter that, together with Computation and Reputation, establishes the overall Score of a HyperCycle Node on the network.
Underpromise, overdeliver
Our progress with Uptime Tilling has surpassed expectations, commencing two and a half weeks earlier than anticipated. This acceleration is a testament to the collaborative spirit of HyperPG, Nodemarket.io, and Cryptopia. Their combined commitment, reflected in the pledge of nearly 80M HyPC tokens to Masternodes realising Uptime Tilling, has made this phase a reality for everyone.
Starting early is a true privilege for our Beta participants. And in the HyperCycle Network, time is a precious commodity. The earlier we initiate, the quicker our Masternodes achieve optimal Uptime Ratios. This directly benefits all the people that choose to stay under the management of our platform partners.
Where are my licences?
Nodemarket and Cryptopia are now working on providing their complete monitoring platforms so each and every one of you can track the Uptime Tilling activity of your single licences on the network. We have great faith in their ability to provide quality services that will meet everyone’s needs in the coming months, and will happily assist them in their adventure.
2. Unveiling Our Offerings from October 15, 2023
A. Universal Uptime Tilling for Our Community
To be clear, every single licence, whether procured from Cryptopia or Nodemarket, will benefit from the accrued Uptime Tilling ratio. This is because they’re intrinsically linked to the Masternodes performing the Uptime Tilling.
Uptime Tilling for All
Our vision of universal Uptime Tilling is realised in two seamless steps, facilitated by Nodemarket.io, Cryptopia, and the HyperPG teams:
Step 1: Pairing the requisite HyPC tokens with Masternodes to initiate Uptime Tilling. This phase was successfully initiated two and a half weeks ago.
Step 2: HyperCycle will introduce the On-Chain licence split feature, enabling Nodemarket & Cryptopia to distribute single node licence bundles to users. Each split licence will inherit the accrued Uptime from its parent Masternode, so long as it will remain under the stewardship of the platform.
Example:
Imagine a scenario where one platform pairs a c_HyPC.19 token T (worth 524,288 HyPC) with a Masternode M. As the marriage of T and M begins building Uptime on the network, it achieves an Uptime ratio of about 1.1 after a 3 months. Each of the 512 single licences under M that maintains the marriage between T and M enjoys the same Uptime ratio benefit as M.
From here, each owner of a licence under M (be it a single licence or a sub-Masternode bundle) has a choice. One option is to take possession of their licence and marry it to a different c_HyPC, of the appropriate size for their licence. This gives them full control of the node their licence powers, what hardware it runs on and what AI services it provides. By separating from the marriage of M and C, however, their node’s Uptime score will reset to 1.
Alternatively, with this platform taking advantage of the ERC1155 described below, licence owners can exchange their licence for a proportional share of the full benefits of the marriage of M and T, which includes the 3 months of Uptime tilling and much more. In particular, they will receive a share in the subsequent revenue when node computing starts, without the need to procure, purchase, run or manage the hardware or software themselves.
The 3-month period of time here is just an example, serving to make concrete the options and benefits that HyperCycle licence holders will have to choose from.
Let’s now dive deeper into the details of the ERC1155 feature.
B. When HyperPG means business: presenting the HyperShare ERC1155 Smart-Contract
As Uptime Tilling progresses, HyperPG will integrate another pivotal feature: the ERC 1155 smart-contract.
Toufi Saliba, HyperCycle’s CEO, and Robert Moir, Chief Science Officer, elucidate:
In the upcoming launch of the HyperShare ERC1155 contract, a groundbreaking opportunity arises for those who have harnessed the power of HyperCycle to embark on a ready-made business venture. This innovative contract comes complete with an array of smart contracts designed to facilitate multiple-ownership through a sub ERC20 token system. At the core is the W-Token (Wealth-Creation Token), which determines not only ownership of the HyperShare, but also its governance, wealth generation, and appreciation.
Complementing the W-Token is the R-Token (Revenue Token), an ERC20 token dedicated to revenue sharing among all stakeholders. This system ensures that generated revenue, automatically directed to the ERC1155, is disbursed in accordance with proportional ownership of the R-Token.
HyperCycle has been transparent with the entire ecosystem about its 1% royalty, which is collected when all beneficiaries receive their share. These beneficiaries include licence holders, token owners, hardware providers, space and power contributors, and AI developers — each with a stake in the business created through HyperShare.
To initiate the ERC1155 and the ensuing business, a Masternode licence and c_HyPC.19 are plugged into the contract. Consequently, the ERC1155 functions as a marriage contract, governing all future operations, including ratios derived from cryptographic proofs of Uptime, Reputation, and Computation.
Behind the scenes, the W-Token ERC20 has a specific representation in the Earth64 data structure. This unique characteristic grants it unparalleled peer-to-peer interoperability. A dedicated guide will be provided to give details on these enhancements facilitated by TODA/IP. Although these added features may not be universally adopted, they are meticulously crafted to empower every AI-driven enterprise to operate independently and scale, all while connecting to the wider internet of AIs in a manner decided by the AI owner.
There are three potential avenues for beneficiaries:
1. Some may opt to elevate their AI’s intelligence without sharing it;
2. Others may choose to share their AI’s intelligence (selling AI) without making a purchase themselves;
3. A combination of both, which typically constitutes the default setup within HyperCycle.
Regardless of the chosen category, implementers will find that their structure is supported by tradable, exchangeable, and giftable W-tokens and R-tokens. This liquidity ensures that the value they collectively bring to this structure remains accessible, allowing for the cultivation of diverse partnerships in its construction and management. HyPC token holders have an added benefit in that the ERC1155 functionality is poised to drive demand for tokens and licences while still retaining liquidity options for them once deployed to operate a node.
Notably, the ERC1155 need not be established prior to the commencement of tilling. This means that all nodes currently engaged in tilling can partake in the advantages of the ERC1155 once the audit of all its components is finalised, and stakeholders are ready to reap the rewards of its establishment.
We’ll ensure to provide more detailed insights as developments progress in an upcoming article.
C. Guiding Our Users on dapp.hyperpg.io
In line with HyperPG’s commitment to inclusivity, we’re geared to assist anyone keen on:
- Activating a Masternode licence by pairing it with HyPC tokens.
- Initiating Uptime Tilling on a paired Masternode Licence.
- Lending HyPC tokens to existing Masternode Pool Proposals.
Stay tuned for a comprehensive guide in our subsequent Medium post.
In Conclusion:
As we reach this milestone earlier than anticipated, witnessing the construction of the HyperCycle Network, our hearts swell with gratitude and exhilaration. We invite and encourage our steadfast supporters to continue championing HyperCycle’s vision of a decentralised network for AGI. Together, we’re not just building a network; we’re crafting the future for AI.
Press Inquiries: jack@hypercycle.ai
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