Smart contracts today can only access and interact with what already exists onchain.
They can't query APIs, fetch real-time data from the Internet or generally access and interact with Web2 applications.
But with Ritual they can, using โ Network Calls โ
https://t.co/4jRmDaR4oN
Technical community AMA recap ๐
1) Overview of ritual chain :
Ritual Chain is an AI-native Layer 1 blockchain designed to enable expressive compute โ a paradigm where blockchains support complex computation, especially for AI models, natively and verifiably. Instead of only optimizing for speed (TPS, block time), Ritual optimizes for enabling new classes of applications that integrate compute-heavy and model-centric workflows.
2) Core Architecture & Features :
Ritual Chain introduces four main innovations that differentiate it from other general-purpose Layer 1s and modular stacks:
1. Native Compute Pricing via โResonanceโ
What it does: Dynamically matches GPU supply/demand like an Uber-style compute broker.
Why it matters: Efficient resource pricing and allocation for tasks like fine-tuning, training, or inference.
Innovation: Execution-once, verification-many model reduces redundant compute and cuts costs.
2. Scheduled Transactions
What it does: Enables recurring or time-triggered model calls (e.g., auto-tweeting agents, on-chain rebalancing).
Use case: Ideal for agents or DeFi protocols needing AI outputs on schedule or in response to events.
Key Benefit: Executes at the top of the block, native to the protocol, not a workaround via bots or off-chain cron jobs.
3. Verifiable Provenance
What it does: Ensures model integrity, authenticity, and correct use (esp. for paid fine-tuning tasks).
Tech: Supports model access across Web2 & Web3 (e.g., HuggingFace, Arweave).
Goal: Trustless verification for model training, inference, and eval history โ critical for high-stakes AI/DeFi.
4. EVM++ with Modular Sidecars
What it is: A supercharged EVM supporting:
Sidecars for ML models (e.g., LLMs, ZK proofs, regression trees).
Removal of contract size limits.
Integration of advanced EIPs ahead of Ethereum governance.
Result: Ritual devs can seamlessly build AI-native apps while gaining access to powerful compute-side extensions.
3) Use Cases:
- DeFi-AI Integration: Use ML to adjust lending parameters, AMM curves, or react to market events autonomously.
- Agent Wallets: AI agents interacting with wallets to execute actions based on real-world data.
- Secure Prompt Marketplace:
Sell prompts without exposing the prompt text.
Buyer receives inference output only.
Solves trust/leakage issues in prompt commerce.
- Decentralized Eval Marketplace:
Crowdsource LLM benchmarking and evals.
Run inside TEEs to ensure trustless, verifiable results.
Prevents cheating by model providers.
4) Why Ritual?
1. AI model demand is exploding and requires new infrastructure to:
Handle model diversity.
Ensure trust and verifiability.
Lower costs for heavy inference tasks.
2. Current L1s lack flexibility for high-compute, verifiable tasks.
3. Ritual is building purposefully for this new class of applications โ rather than retrofitting old blockchains to accommodate AI.
4) Strategic Vision from founders:
1. Ritual doesnโt aim to compete on TPS or "just" be faster.
2. The focus is to enable entirely new kinds of applications, particularly at the intersection of AI, crypto, and decentralized infrastructure.
3. It's a long-term infrastructure play: enabling scalable, verifiable AI-native systems on-chain.
๐จ Big news, Ritual fam!
Ritual is hosting one of its most important community AMAs yet โ May 7, 10 AM NYC ๐
If youโve been following us but lost track โ nowโs your chance to reconnect.
Hear directly from the founding team behind the first L1 chain built for onchain AI.
Donโt miss it. The future is Ritual.
gRitual fam ๐
I am just in awe of the @ritualnet community! ๐ They create incredible things where technology and creativity intertwine in the most inspiring ways. Every day participants share their ideas on blockchain, NFT and decentralized applications - and it's energizing for weeks to come! ๐ซถ
This is what prompted me to embroider a painting. I decided to capture the beauty of the digital world in stitches: bright pixels-tulips, shimmering smart contracts and starry networks of blocks. Under each line of embroidery I put inspiration from what @ritualfnd does - and now my canvas seems to have a life of its own, combining traditional art and cutting-edge technology.
Thank you @ritualnet for the magic that brings out the fierce creative fire in us and the belief that technology can be truly magical! โจ๐ฎ
๐จ Big news, Ritual fam!
Ritual is hosting one of its most important community AMAs yet โ May 7, 10 AM NYC ๐
If youโve been following us but lost track โ nowโs your chance to reconnect.
Hear directly from the founding team behind the first L1 chain built for onchain AI.
Donโt miss it. The future is Ritual.
Greetings, ritualists.
The glyph is now wearable. ๐ฏ
You can add the Ritual symbol directly to your Telegram name or status โ a subtle sign of belonging.
All it takes is Telegram Premium and a single step:
๐ https://t.co/JWK5Dks4cH
Carry the glyph. Become the signal.
We see you.
1) More and more interesting contests for the community hosted by @joshsimenhoff .
The most interesting one was a meme contest where participants created memes using AI (Sora). #GlitchingOut
2) Community AMA.
-Community discussed what the Ritual is in general
-Talked about different ideas for community events
-Discussed the role "Noderunner" and the fact that the team has no plans to expand the list of addresses eligible for the role.
3) Some alpha info:
Public testnet is around the corner. Also, get ready for Monday โ next week will be quite interesting for the community. Join the Ritual discord for the upcoming hot week ๐ง