Ritual launches AI-native Layer 1 Ritual Chain for autonomous agents
- —Public testnet has processed over 40 million transactions since June
- —Block times under 300 ms, 15 native precompiles for AI workloads
- —Launch partners include Phala Network, Nous Research, LayerZero and Stargate
- —Ritual has raised more than $30 million from Archetype and Polychain
Why it matters: By making AI inference and private computation native to the execution layer, Ritual is betting on a new class of L1 infrastructure for the agent economy.
Source: Crypto-News.net