Onicai, a leading force in decentralised artificial intelligence, has introduced a new approach to slashing the costs of on-chain AI inference. By integrating an innovative prompt caching mechanism, Onicai is making blockchain-based AI interactions more efficient and cost-effective.
The high costs of AI inference on-chain have long been a barrier to widespread adoption, with gas fees and computational expenses making real-time AI interactions impractical for many users. Onicai’s latest development addresses this challenge head-on, introducing a system that significantly reduces the need for redundant AI processing.
The key to this advancement lies in Onicai’s prompt caching algorithm, which intelligently stores and reuses previous responses to identical or similar AI queries. This eliminates the need for repeated computation, reducing transaction costs and improving response times. By minimising redundant processing, Onicai not only enhances efficiency but also makes AI-driven applications more accessible across decentralised networks.
Industry experts have praised the initiative, noting its potential to transform the economics of on-chain AI. The ability to streamline inference costs without compromising output quality opens doors for a broader range of blockchain-based AI applications, from decentralised finance (DeFi) analytics to smart contract automation and AI-powered oracles.
With the introduction of prompt caching, Onicai is setting new benchmarks for AI efficiency in the decentralised landscape. The move aligns with the company’s broader vision of making AI-powered blockchain solutions more scalable, cost-effective, and accessible to a global audience.