Technical Overview

NeuralByte operates as a decentralized application (dApp) on the Ethereum blockchain, utilizing smart contracts to manage the allocation and utilization of computing resources. The core components of the NeuralByte ecosystem include:

• NeuralByte Token: The native utility token of the NeuralByte platform, used for accessing computing resources and participating in governance mechanisms.

• Smart Contracts: These autonomous contracts facilitate transactions between users and resource providers, ensuring transparency, security, and efficiency.

• Neural Processing Units (NPUs): Specialized hardware units optimized for AI processing tasks. NPUs are hosted by network participants and contribute their computing power to the NeuralByte ecosystem.