Automata to Participate in ETHBerlin in Berlin
Automata is set to participate in the ETHBerlin conference in Berlin on May 22nd-24th.
Refer to the official tweet by ATA:
Automata Network - 2.0@AutomataNetworkMay 20, 2024It's ETHBerlin. Catch Automata out and about town this week @web3privacy @depinday @LineaBuild @safe @LensProtocol pic.twitter.com/p8Gd1kCmQ3
ATA Info
Automata Network is a decentralized protocol offering a middleware privacy layer for dApps on multiple blockchains. It addresses critical privacy concerns such as Anonymous Voting and the reduction of Miner Extractable Value (MEV) by incorporating advanced cryptography, privacy-preserving algorithms, and trusted execution environments.
The network’s operational framework includes the “Witness”, an off-chain voting governance solution allowing users to vote anonymously without incurring gas fees. This system supports Ethereum, Binance Smart Chain, and Substrate-based EVM-compatible chains. Additionally, Automata is devising “Conveyor”, an MEV minimization tool that aims to prevent front-running by sequencing transactions in a predetermined order, thereby ensuring transactional integrity and preventing manipulations.
ATA, the native utility token of Automata, serves various functions: ATA holders can initiate and vote on platform proposals and parameters. Miners receive ATA for executing applications and transactions on the network. ATA bonding allows users to engage in Geode auctions.