Automata is a high-performance computation protocol that provides privacy-first, high-assurance, and frictionless transactions to Web 3.0 apps and companies. Its goal is to provide the tools and infrastructure needed to make the vision of a seamless Web 3.0 experience a reality. It addresses data ownership transparency, censorship, and invasions of personal privacy.
Its Web3 applications include anonymous voting, miner extractable value (MEV) minimization, and do-not-track indexing, among others. The solution works with Ethereum, Binance Smart Chain, and other EVM-compatible chains built on Substrate. Each of these methods can be used independently or in combination, for example, if a project wants to use Witness as a signaling mechanism without executing it on the blockchain.
The Automata Network's native utility token is ATA. Proposals, platform enhancements, and network parameters can all be created and voted on by ATA token holders. By running apps and performing transactions for network users, compute and storage miners earn ATA tokens.
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