1. BITBILIHome
  2. Article

Solana teases AI integration to enhance user experience

• 123 views

TL;DR Breakdown

  • The Solana foundation has teased the integration of AI to its network to enhance user experience.
  • The network has enjoyed massive increase in on chain activities.

The Solana Foundation has recently announced the development of an open-source reference implementation that enables users to directly interact with the Solana network using ChatGPT, an AI-based language model. The integration, available for download on GitHub as a plugin, aims to simplify access to Solana data, protocols, computing infrastructure, and decentralized finance (DeFi) projects.

Solana will integrate ChatGPT to its network

According to the Solana Foundation, this innovative integration showcases how AI can enhance the usability and comprehension of the Solana blockchain. With the plugin, users can engage in various activities, including purchasing non-fungible tokens (NFTs), token transfers, transaction inspection, interpretation of public account data, and exploration of NFT collections based on floor prices.

Anatoly Yakovenko, Solana co-founder and CEO of Solana Labs, emphasized the importance of considering AI models when building consumer-oriented applications. He stated, “Every developer building consumer-oriented apps should be thinking about how their app is going to be interacted with through an AI model because this is a new paradigm for telling computers what to do.”

Solana, a blockchain platform, has experienced a surge in activity as users seek alternatives to Ethereum and Bitcoin due to higher fees. Data from The Block reveals that last week, the seven-day moving average of new addresses on Solana reached 323,000, marking the highest number since June 2022. In fact, the number of new addresses added this month has surpassed the count of the past six months combined, highlighting the growing interest in the network.

The network has experienced massive growth this year

The native cryptocurrency, SOL, has also exhibited significant growth. After experiencing a decline amid the collapse of the FTX crypto exchange last year, SOL has staged a remarkable recovery, rising by 101% year-to-date. On Tuesday, it recorded a 2.6% increase and was traded at $20.03, according to TradingView data.

In addition to the integration announcement, the Foundation revealed an increase in the funding allocation for its AI-focused strategic grants program from $1 million to $10 million. The program aims to support innovative projects related to AI and blockchain technology. Currently, the foundation has already received 50 applications and continues to accept proposals for new initiatives.

Furthermore, the Foundation has initiated a three-month-long accelerator program specifically designed for university students. The program offers a dedicated cohort that focuses on exploring the potential synergies between blockchain and AI.

By combining AI capabilities with blockchain technology, it aims to empower users, developers, and researchers to better understand and utilize its network. The integration with ChatGPT serves as a pioneering step towards enhancing user experience and expanding the possibilities of Solana’s decentralized ecosystem.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Solana teases AI integration to enhance user experience

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年5月26日 13:17
Next 2023年5月26日 14:34

Related articles

  • Aptos Price Prediction for 2023 – 2032: Will APT Token Hold Bullish Hopes?

    Aptos Price Prediction 2023 – up to $10.85 Aptos Price Prediction 2026 – up to $33.20 Aptos Price Prediction 2029 – up to $95.95 Aptos Price Prediction 2032 – up to $292.82 The automatic release of new APT tokens into the open market is valued at over $50 million based on current prices. Cryptopolitan foresees risk factors moving from Bitcoin to Ethereum-specific risk factors with the increasing importance of market factors, providing evidence for a decoupling of on-chain and off-chain trading activity. So, it’s interesting to see how the token release will affect prices. There was evidence that, unlike traditional financial markets, cryptocurrency volatility is not associated with market downturns. Observers also noted that, after gaining widespread attention and with many traders entering the market, the off-chain trading activity and risk evaluation have become more decoupled from on-chain activity. Contents hide 1 How much is the APT token worth? 2 APTOS price analysis: Will APT go up? 2.1 APT price analysis 1-day chart: APT/ USD loses 40% over the week 2.2 APT/USD 4-hour price chart: APT momentum subsides 2.3 What to expect…

    Article 2023年6月14日

  • Banking sector on edge as FCA examines savings rates

    Description The drama surrounding savings rates in the UK’s banking sector is reaching a fevered pitch. The Financial Conduct Authority (FCA) – the watchdog for these financial powerhouses – has stepped into the arena, casting a shadow of apprehension over numerous banks and building societies. The message? It’s high time the scales tilt in favor of … Read more The drama surrounding savings rates in the UK’s banking sector is reaching a fevered pitch. The Financial Conduct Authority (FCA) – the watchdog for these financial powerhouses – has stepped into the arena, casting a shadow of apprehension over numerous banks and building societies. The message? It’s high time the scales tilt in favor of the savers. The Weight of NS&I’s Monumental Move To add fuel to this already heated environment, National Savings & Investments (NS&I), the stalwart backed by the state, unleashed a bombshell. They’ve decided to up the ante, revising the rate on their one-year fixed bond, rocketing it to an eye-popping 6.2%, a significant climb from its prior 5%. And guess what? This isn’t just any ordinary leap….

    Article 2023年9月3日

  • Secret Bitcoin mining ring busted in Borneo

    TL;DR Breakdown Authorities in the town of Miri on Borneo Island have dealt a significant blow to an illegal cryptocurrency mining operation after receiving a tip-off from the public. The estimated cost of stolen electricity used by the operation was a staggering 6,000 ringgit per month (equivalent to around $1300 USD). The broader Bitcoin mining ecosystem has also witnessed noteworthy developments in 2023, with the network hash rate reaching all-time highs. Description Authorities in the town of Miri on Borneo Island have dealt a significant blow to an illegal Bitcoin mining operation after receiving a tip-off from the public. The operation came to light when Sarawak Energy, the local utility company, stumbled upon the illicit activity, which involved 34 cryptocurrency mining servers running on stolen electricity obtained … Read more Authorities in the town of Miri on Borneo Island have dealt a significant blow to an illegal Bitcoin mining operation after receiving a tip-off from the public. The operation came to light when Sarawak Energy, the local utility company, stumbled upon the illicit activity, which involved 34 cryptocurrency mining servers…

    Article 2023年7月31日

  • CFTC Commissioner advocates for modernized investor protection measures amid technological advances

    TL;DR Breakdown CFTC Commissioner Christy Goldsmith Romero urges for modernized investor protection measures, emphasizing the need for regulatory frameworks to adapt to technological advances like cryptocurrencies and DeFi. Romero appointed a technology panel to the CFTC’s Technology Advisory Committee, focusing on integrating KYC and AML processes into decentralized platforms and understanding the role of AI in financial markets. To enhance investor safety, Romero re-proposes creating a National Financial Fraud Registry, a centralized database for recording financial crimes and fines, aiming to deter fraud and identify repeat offenders. Description Christy Goldsmith Romero, Commissioner of the United States Commodity Futures Trading Commission (CFTC), urged regulators to modernize investor protection measures by leveraging technological advances. Speaking at the North American Securities Administrators Association’s annual meeting, Romero emphasized that the government’s failure to keep pace with emerging technologies could adversely affect vulnerable investors. Romero’s call to action … Read more Christy Goldsmith Romero, Commissioner of the United States Commodity Futures Trading Commission (CFTC), urged regulators to modernize investor protection measures by leveraging technological advances. Speaking at the North American Securities Administrators Association’s annual meeting,…

    Article 2023年9月12日

  • CZ, Binance asks court to ignore SEC’s silly lawsuit

    TL;DR Breakdown Binance and CEO Changpeng “CZ” Zhao have urged the court to dismiss the SEC’s lawsuit against them. Binance claims the SEC is retroactively imposing rules without prior clear guidelines for the crypto sector. The lawsuit accuses Binance of dealing in unregistered securities and operating illegally in the U.S. Description Binance, led by its audacious CEO Changpeng “CZ” Zhao, is clapping back at the U.S. Securities and Exchange Commission (SEC). With a confidence only a global cryptocurrency exchange can muster, the company is pushing the court to dismiss the SEC’s lawsuit that seems more like a desperate attempt at clamping down on the crypto sector … Read more Binance, led by its audacious CEO Changpeng “CZ” Zhao, is clapping back at the U.S. Securities and Exchange Commission (SEC). With a confidence only a global cryptocurrency exchange can muster, the company is pushing the court to dismiss the SEC’s lawsuit that seems more like a desperate attempt at clamping down on the crypto sector than a valid regulatory concern. Regulatory Overreach or Desperate Grasp for Control? It’s hard not to…

    Article 2023年9月22日
TOP