You can check the website statistics yourself or request them from us at [email protected]
On this platform, only organic high-quality traffic
Bitcoin
$ 30,725

Vitalik Buterin on the Challenges Between Crypto and AI, Warns ‘Tread Carefully’

Ethereum co-founder Vitalik Buterin has recently delved into the relationship between cryptocurrency and artificial intelligence (AI), advising caution when navigating their intersection.

In a blog post released on Tuesday, Buterin sheds light on the key challenges arising from the convergence of these two influential technological trends from the past decade. He also elucidates what he believes holds the most promise for the developer community.

Buterin emphasizes the necessity for a connection between crypto and AI, stating that “there must be some kind of connection between crypto and AI.” He further elaborates on the subject, noting that “with the advent of significantly more potent AI and the simultaneous growth of advanced cryptographic techniques like Zero-Knowledge Proofs (ZKPs), Fully Homomorphic Encryption (FHE), as well as Multi-Party Computations (MPC), there arise intriguing possibilities for incorporating AI within blockchain ecosystems.”

Tread Carefully

Buterin employs an analogy, comparing AI to a participant in a game. He further asserts that the most perilous aspect of AI lies in its application—a viewpoint shared by many enthusiasts.

“We must exercise utmost caution,” Buterin articulates, referring to what he terms as “AIs becoming integral to the game’s regulations,” as stated in his blog.

The co-founder of Ethereum elaborates on the concept, suggesting that if a blockchain-driven smart contract or a DAO encounters a situation where a subjective judgment is required, one potential approach is to incorporate AI within the contract or DAO framework to assist in upholding these rules.

Understanding AI

The term “AI” encompasses a wide-ranging concept, denoting the emulation of human intelligence processes by machines, typically computer systems.

These processes encompass several facets, including learning, such as the acquisition of information and the rules governing its utilization. Additionally, AI involves reasoning, wherein it employs rules to arrive at either approximate or definitive conclusions, all while possessing the capability for self-correction. AI’s versatile application extends to numerous tasks, including problem-solving, comprehension of natural language, identification of patterns within data, and various other domains.

Vitalik Buterin Identifies AI as a Broad Concept

Buterin emphasizes the vast scope of AI in his blog post.

He describes AI as a collection of algorithms that aren’t explicitly specified but rather emerge from a complex computational process influenced by optimization pressures. In this process, the algorithms evolve toward possessing desired properties.

Buterin underscores that both blockchains and AI are continuously gaining more power and influence.

Nonetheless, the challenge remains in successfully developing applications that utilize blockchains and cryptographic techniques to establish a “singleton”—a decentralized and trusted AI.

In a prolific blogging career, Buterin introduced alternative methods in December with the aim of simplifying the proof of stake design within the Ethereum blockchain. These proposals primarily focus on reducing the number of required signatures per blockchain slot.

Related Posts

Leave a Reply

Confirm now and stay with our news

What we write about

I want to save money. Will cryptocurrency work?

Cryptocurrency is essentially virtual money that operates in a decentralized manner, not through a bank but directly on multiple independent computers.

Every cryptocurrency has two main components: the units of digital exchange called “coins” and the network within which the exchange takes place. These units can be transferred between wallets and exchanged on exchanges. The networks in which these coins exist are called blockchains, which translates to “chains of blocks.”

Latest Articles

Indonesia Watchdog Urges Finance Ministry to Re-Evaluate Crypto Tax Regime
04.03.2024By
Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract
04.03.2024By
MagicEden Marketplace Ethereum is Live
04.03.2024By

Latest news

Indonesia Watchdog Urges Finance Ministry to Re-Evaluate Crypto Tax Regime
04.03.2024
Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract
04.03.2024
MagicEden Marketplace Ethereum is Live
04.03.2024
Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales
04.03.2024
BlackRock Spot Bitcoin ETF AUM Hits $10B Overtaking the iShares Silver Trust
04.03.2024
Bitcoin Price Crosses $65,000, Approaches All-Time High as Momentum Continues
04.03.2024
Bank for International Settlements Releases Executive Summary of Global Stablecoin Recommendations
03.03.2024
Traders Predict This Coin Can 25x By The End Of 2024
03.03.2024
$400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch
03.03.2024
Ethereum Co-founder Joe Lubin Bullish on Crypto: “Momentum Unstoppable”
03.03.2024