Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Vitalik Buterin published a new article about cryptocurrencies and AI

Artificial Intelligence (AI): Vitalik Buterin published a new article about cryptocurrencies and AI

Vitalik Buterin, co-founder of #Ethereum, has identified "promising options" for using artificial intelligence in the cryptocurrency sphere. He proposed an artificial intelligence classification system based on its interaction with various blockchains.

According to Buterin, decentralization of cryptocurrencies can counterbalance the centralization of artificial intelligence. Also, while AI lacks transparency, digital assets provide a clear view of transactions. Additionally, AI relies on data, and blockchain serves as an excellent platform for storing and tracking information.

Vitalik Buterin published a new article about cryptocurrencies and AI
Options for AI and blockchain interoperability. Source: De University of Ethereum.

Buterin identified four approaches to the interaction between AI and blockchain:

  1. Artificial intelligence as the main player: In this scenario, AI participates in mechanisms where the main source of stimuli is a protocol involving humans.
  2. Artificial Intelligence as an interface to the game: This approach helps users understand the world of cryptocurrencies and ensures that all signed messages and transactions match specific intentions, thereby eliminating the possibility of fraud.
  3. Artificial Intelligence as a rule of the game: This category suggests that blockchain, decentralized autonomous organizations (DAOs) and similar mechanisms directly address artificial intelligence.
  4. Artificial Intelligence as the goal of the game: According to Buterin, this involves the development of networks, DAOs and similar mechanisms in order to create and maintain AI that can be used for a variety of purposes.

Buterin believes that using AI as a "main player" has the greatest potential, while using it as an "interface" and "rule" has certain risks. One issue is adversarial machine learning, where attackers can use an AI assistant in an open-source wallet, leading to unlimited opportunities for fraud.

The Ethereum co-founder expressed hope that artificial intelligence will find worthy applications in each of the four areas.

Vitalik Buterin published a new article about cryptocurrencies and AI
AI project tokens show growth. Data: Cryptorank.

In light of the #Buterin statement, there has been a sharp rise in the value of several tokens in the artificial intelligence category. According to Cryptorank, the value of such tokens has increased by around 3-10% in the last 24 hours. The Bittensor token (#TAO) rose by more than 30%, setting a new all-time high.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Press Releases: Gate.io Announces Lead Asia Demo Day to Empower Innovative Blockchain Projects
Gate.io, the world's leading crypto exchange, is excited to announce the Lead Asia Demo Day in Seoul, a strategic initiative aimed at propelling the future of blockchain technology..
Regulation: Binance, following MICA, will introduce restrictions on a number of stablecoins for European traders
Cryptocurrency trading platform Binance has announced that it intends to restrict access to “unauthorized stablecoins” to customers in the European Economic Area (EEA) from June 30, 2024.
Press Releases: ChainGPT Pad launches $COOKIE to introduce MarketingFi - a transparent, decentralized, and user-centric approach to marketing
$COOKIE, powered by Cookie DAO, is a token that enters the Cookie3 three-platform stack, creating a complete Cookie MarketingFi ecosystem. As the “Google Analytics” of Web3, Cookie3 helps..
Press Releases: Blockchain Life 2024 to Take Place in Dubai at the Peak of the Bull Run
The legendary Blockchain Life 2024 will return for its 13th edition on October 22-23. As Dubai gains a reputation as a global crypto hub, the forum is set to be the central event of this..