Cardano – ADA Cardano’s plan to solve the AI (Artificial Intelligence) Problem AI is mostly fear that is not true AI is scoring many points especially in the crypto world it’s like we finally found a system that works so well for us but on the flip side is AI without problems a recent study conducted by researchers at the blockchain research lab in Hamburg Germany indicated that open ai’s launch a chat GPT represented a rising tide scenario for cryptocurrency assets related to artificial intelligence launched in November 2022 Chad gbt was quick to rise becoming one of the fastest growing web Platforms in history eclipsing 1 million daily users in just Five days and reaching the 100 million monthly user Mark by January of 2023.currently it’s difficult to tell exactly how many monthly users the app now serves but some reports suggest that the number may be as high as 1 billion according to researchers the chat GPT launch has a significant impact on the Performance of AI related crypto assets despite the overall cryptocurrency Market is in a bearish state and the risk adverse invests or appetites using synthetic difference and differences we found an average price increase of at least 10.7 percent in one month and 35.5 percent in two month periods following the launch the researchers also Speculate that Chad gbt whose capabilities as an educational tool may have fostered information and diffusion effects within the cryptocurrency market by equipping retail investors with the capacity to distill complex and Technical Concepts thus facilitating more informed investment decisions however recently certain problems have been brewing for AI it may look spicy on The outside but is embedded with issues that accumulate into bigger problems if ignored concerning this the popular Cardinal founder has stepped out claiming that cardano can solve his problems is cardano about to perform a miracle cool because according to some the ecosystem is good for nothing perhaps maybe we should talk about Cardano solving its problems two years ago speaking on the crypto Banker podcast Charles hoskinson said that Cardona was built with unparalleled level of foresight and was on its way to solving some of the biggest problems the industry faces which is the movement of value and information across blockchains Back then the launch of ethereum’s second iteration ethereum 2.0 put the Eyes of the entire crypto industry on staking but while the hype around ethereum’s long-awaited foray and a proof of stake wasn’t unwarranted another blockchain beat ethereum in the race towards decentralization interestingly this was cardano The launch of its Sherry era marked the beginning of the cardano journey towards complete decentralization in transition cardano from a static and Federated blockchain to a dynamic and decentralized system and laid the foundation necessary to launch all of cardano’s upcoming phases however the most important thing Shelly did for Cardano was to introduce the hard Fork combinator thus providing the blockchain with the advanced governance system that would essentially make hard Forks obsolete iog the company behind cardano did not stop working on the blockchain handling multiple pool work streams in parallel months at the month on the crypto banter podcast hoskinson shared His thoughts and progress on ethereum made and compared cardano’s success with ethereum 2.0 when asked how he felt knowing that Cardona beat ethereum to the market when it came to staking hoskinson remarked that it was always satisfying to see the underdog win Charles hoslingson also noted that while there’s still functionality that needed To be introduced to cardano there is nothing ethereum will be able to do that cardano could not do as well this he added including having full governance system in place alongside sharding cardano’s ability to handle High throughput while staying decentralized does not seem like a result of venture Capital money being poured into the platform’s development hoskinson explained that this was done just by asking the right questions at the right time and in that case it’s just asking what happens with the network when it gives millions or billions of users the choices they had were straightforward I Would be like Bitcoin and essentially never evolve or create a system that allows billions of people to participate in effective governance we have a strategy how we can get to 100 million or billion users and still be nimble and agile as we were at the beginning of the Project hussington said in the podcast according to the cardano founder all of this was more than enough to attract a very big but close-knit Community to cardano and with this it’s safe to say that Cardona was developed to be a solution to the crypto world it was Designed to be a strength in the crowd of weakness probably we can see what solution it has to offer AI the advantage AI has indeed revolutionized the world impacting various Industries including cryptocurrency Healthcare music and unfortunately even scams well AI has benefited many in the crypto industry this also permitted scammers to Employ more sophisticated methods to hunt their next victim such as impersonating crypto influencers on the internet during an AMA Houston was asked about using blockchain technology to authenticate visual content in response he acknowledged that the verification system is needed he further noted that within the next 12 to 24 months rapid Advances in AI technology will see deep fake videos and audio indistinguishable from real life then there will be a gradual shift from the customary seeing his believing attitude currently prevalent to one assuming that everything is fake also he spoke of propagandized use to the technology that involves nation states producing and Distributing deep fakes for instruments of polarization hoskinson suggested that the strategy to combat this and use immutable properties that blockchain to store verifiable chain evidence from image capture upload which he refers to as generative AI proof watermarking the only way to get out of this is to have verified information and verified Content so at the time of creation you need to create an nft and sign it and then have some chains of evidence that it was created on a legitimate device he said looks like the Cardona Founders got so many solutions at the tip of his fingers although hoskinson spoke of a Blockchain-based Content traceability model companies like optic and fake catch are focused on identifying AI involvement at the audio and visual levels similarly fictitious AI is adopting a similar non-blockchain based approach but regarding written content notably our generian the former trust and safety lead at Google said that although the detection systems have a Degree of accomplishment he suspects the technology is playing catch-up to deep fakes however something happened recently that intensified hoskinson’s claims this time hackers use of AI generated likeness of the cardano founder Charles Hawkinson to siphon funds from unsuspecting users on June 4 if you cautioned users about an ongoing Scam that came to his attention through an email from one of his followers in the email the hacker exploited hoskinson’s identity to promote a supposed medical blockchain initiative to deceive users into relinquishing their hard-earned Ada I mean that in of itself is just outrageous as a result of A closer inspection it was discovered that the scammer used generator of AI to write the email and impersonate hosting just a reminder that I’ll never email you directly every day scumbag POS scammers impersonate me attempting to steal money from you if you think you’re talking with me then ask the person to Verify his identity with a signature from my pgp key they can he tweeted understanding the gravity of the situation Charles Austin took to a live broadcast is adjusting the prevalence of AI assisted scams in the crypto industry he referred to the trend as the future of crypto scams he highlighted that Generative ai’s progress is frightening citing nvidia’s recent developments and creating incredibly lifelike human simulations using AI he further warned that in the next few months many individuals could fall victim to AI assisted scams predicting that millions of dollars worth of cryptocurrencies would be stolen despite his efforts to raise awareness interestingly the crypto Industry is not short of solutions to mitigate these hacks despite how much of a threat they pose is getting pretty absurd and with gender of AI there will be hundreds of victims every month fooled by Audio and Video millions of dollars will be stolen next year as the Scammers get better at their craft is greed and stupidity hoskinson said while Charles hoskinson openly admitted to feeling helpless in the face of this growing threat he urged viewers to maintain vigilance and authenticate any communication they receive in addition hoskinson suggested to use the pretty good privacy encryption to verify his Identity and pgp encryption the system creates a public and private key pair so when a user wants to send an encrypted message they can encrypt it using the recipient’s public key the recipient can then decrypt the message using the private key this process effectively prevents Hackers from replicating signatures or impersonating users also Hoskinson showcased a tala prism a cardinal protocol that establishes authenticated communication channels to mitigate the risk of AI assisted scams with this the Cardona founder looks like a solution freak it will be interesting to see how these Amazing Ideas and solutions could benefit the cardano ecosystem in the long term one thing is For sure though and that is that Cardona is not short of solutions and incredible strategies but that’s going to do it for today’s video make sure you click on subscribe notification buttons and we’ll see you in the next video Cardano’s plan to solve the AI (Artificial Intelligence) Problem In this video, Cardano (ADA) is discussed.See the ADA News, what Cardano ADA is, and how you can become rich with Cardano (ADA).Cardano is a public blockchain platform.
It is open-source and decentralized, with consensus achieved using proof of stake.It can facilitate peer-to-peer transactions with its internal cryptocurrency ADA.Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson.Subscribe to @cardanonews for content about Cardano (ADA), the Cardano News, ADA price prediction, and the latest Cardano analysis.
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