1. BITBILIHome
  2. Article

Solana teases AI integration to enhance user experience

• 65 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

  • Instagram challenges Twitter with text-based app

    TL;DR Breakdown Instagram is reportedly developing a text-based application, potentially challenging Twitter’s prominence in the realm of text-based social media interaction. The new app, codenamed P92 or Barcelona, is set to launch in late June and is built on Instagram’s framework but with decentralized architecture, allowing for cross-platform interactions. The application will feature a centralized feed for user activity and suggested content and allow for text updates up to 500 characters, shorter than typical Instagram captions or extended tweets. In a strategic move that highlights the ongoing battle for supremacy in the digital sphere, Instagram, a subsidiary of Meta Platforms, is reportedly developing a new text-based application. This innovation appears to directly challenge Twitter’s dominion, potentially ushering in a new era of social media interaction. According to Lia Haberman, a Social and Influencer Marketing lecturer at UCLAx, this unnamed application, currently operating under the codenames P92 or Barcelona, is anticipated to launch towards the end of June. This information emerged from briefings conducted by Meta with its creators, shedding light on an app that was first reported by MoneyControl. A…

    Article 2023年5月21日

  • OneMintNFT users urged to stay cautious amid Discord compromise

    TL;DR Breakdown OneMintNFT Discord server has been compromised, according to a security alert issued by CertiK Alert. The alert strongly advises users to exercise caution and avoid any further engagement with the platform until official confirmation. The OneMintNFT team has not issued any official statement regarding the reported exploit. Description In a recent development, the OneMintNFT Discord server has been compromised, according to a security alert issued by CertiK Alert, a platform specializing in real-time alerts concerning crypto hacks, scams, and flashloans. The alert strongly advises users to exercise caution and avoid any further engagement with the platform until official confirmation from the OneMintNFT team … Read more In a recent development, the OneMintNFT Discord server has been compromised, according to a security alert issued by CertiK Alert, a platform specializing in real-time alerts concerning crypto hacks, scams, and flashloans. The alert strongly advises users to exercise caution and avoid any further engagement with the platform until official confirmation from the OneMintNFT team that they have successfully regained control of their Discord server. Security alert from CertiK Alert The security…

    Article 2023年9月17日

  • Major warning: U.S. economy on the brink of recession

    TL;DR Breakdown The U.S. economy faces a 59% risk of recession by July 2024, down from a 64% prediction in March 2023. The Federal Reserve’s fast and high interest rate hikes historically lead to business cycle downturns. Despite economic slowdown and tighter lending standards, consumers continue spending and the labor market remains active. Description Barely escaping a 3-in-5 likelihood, the U.S. economy finds itself precariously positioned on the edge of a potential recession by July 2024. A precipitous fall in these odds, from a staggering 64 percent in March 2023, underscores the growing concern and uncertainty among economists. This downturn looms over the economic landscape, a thundercloud waiting to … Read more Barely escaping a 3-in-5 likelihood, the U.S. economy finds itself precariously positioned on the edge of a potential recession by July 2024. A precipitous fall in these odds, from a staggering 64 percent in March 2023, underscores the growing concern and uncertainty among economists. This downturn looms over the economic landscape, a thundercloud waiting to release its tempest. Rising rates and recession risks The Federal Reserve’s aggressive strategy,…

    Article 2023年7月14日

  • Sustainable Bitcoin miner Iris Energy sees $7.1 million monthly profit

    TL;DR Breakdown Iris Energy, a leader in sustainable Bitcoin mining, earned $2.3 million in power credits last month from its voluntary energy curtailments at its Childress, Texas, site. The company generated $11.4 million in revenue by mining 410 Bitcoin, with an average profit of $17,300 per Bitcoin. Iris Energy reduced its electricity expenses from $6.6 million to $4.3 million. Description Iris Energy, a trailblazer in sustainable Bitcoin (BTC) mining, paints a new picture of profitability and environmental responsibility in the crypto world. Last month, the company raked in a stunning $2.3 million in power credits. This windfall came primarily from voluntary power curtailments at their Childress site in Texas. During peak demand times, the company … Read more Iris Energy, a trailblazer in sustainable Bitcoin (BTC) mining, paints a new picture of profitability and environmental responsibility in the crypto world. Last month, the company raked in a stunning $2.3 million in power credits. This windfall came primarily from voluntary power curtailments at their Childress site in Texas. During peak demand times, the company dialed down its energy use, relieving stress…

    Article 2023年9月9日

  • Do Kwon’s possibility of record-breaking dual sentences in both the US and South Korea

    TL;DR Breakdown Do Kwon, is facing the possibility of multiple sentences in both the United States and South Korea, according to a senior South Korean prosecutor leading the investigation.  Prosecutor Dan Sunghan stated that it would make more sense to extradite Kwon to South Korea in order to bring justice and recover damages for victims.  Sunghan mentioned that the potential sentence in South Korea could be the longest ever handed down in the country.  The co-founder and CEO of Terraform Labs, Do Kwon, is facing the possibility of multiple sentences in both the United States and South Korea, according to a senior South Korean prosecutor leading the investigation. Currently, under house bail in Montenegro, Kwon, and Terraform Labs’ chief financial officer, Han Chang-Joon, must reside at Chang-Joon’s legal residence in Montenegro while awaiting a decision on extradition. Speaking to Bloomberg, prosecutor Dan Sunghan stated that it would make more sense to extradite Kwon to South Korea in order to bring justice and recover damages for victims. Sunghan explained that most of the initial investigation into the collapse of the Terra…

    Article 2023年6月13日
TOP