What is Spider Coin ?

Spider Coin
2 min readMay 6, 2021

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It is the world’s first and only blockchain-based interface platform on the Binance Chain network, working with fully decentralized and smart contracts

And it is a decentralized and distributed deep-learning training protocol which provides cost-efficient and faster training of deep neural networks by utilizing the compute resources in the network..

Benefits of Spider Coin

Decentralizing and distributing the training of deep Neural nets is an evolved form of

localized AI development, much like a lot of other technologies in the past viz., the internet.

With the best interests it will be accelerating the development and the adoption of AI

technologies like deep learning. To count a few concrete benefits that Spider Coin Interface will

have in the entire ecosystem:

Ø Faster Training

Ø Cost Efficiency

Ø Openness

Ø Faster Updating

Ø Standardized flow

Ø Newer Applications

Ø Increased experimentation

Ø 8. New AI-proof economy

Why Spider Coin ?

Deep learning is made possible today because of parallel computations. GPUs are all about

doing hundreds and thousands of micro calculations at the same time.

We have come really far in terms of speeding up deep neural networks’ training. There is

still a long way to go from here. Developers are always coming up with creative hacks to

utilize what’s available at their disposal and do something exceptional with it. With a new

parallelization framework, Spider Coin Interface is a complementary attempt to promote and

help grow the AI ecosystem.

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Spider Coin
Spider Coin

Written by Spider Coin

Spider Coin is the world’s first and only blockchain-based interface platform on the Binance Chain network, working with fully decentralized and smart contracts

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