Ault Blockchain Takes Finance-First Approach to Evade Banking Restrictions
Ault Blockchain's founder Todd Ault experienced banking restrictions firsthand while operating regulated businesses. This led to the development of an EVM-compatible Layer 1, designed for trading, settlement, and tokenizing real-world assets. The network uses Cosmos SDK, Cosmos EVM, and CometBFT consensus, targeting sub-second 200ms block times.
The project is built on a finance-first approach, with an integrated stack that includes core settlement layer tied directly to dedicated trading via the Ault DEX, streamlined distribution through Ault Affiliates, and community governance managed by a Wyoming DAO LLC. The platform takes its parent company Hyperscale Data's public-market audit and disclosure standards, baking compliance straight into the tech.
Ault Blockchain is skipping traditional public token sales, relying on a deterministic ten-year declining emissions schedule that rewards Licensed Mining Nodes for executing verifiable off-chain work like oracle services, indexing, and AI-related computing. This approach aims to prove that permissionless finance can be compliant with legal standards while avoiding arbitrary bank restrictions.