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Author Topic: The power of Artificial intuition (AI) in Blockchain is the real decentraliza  (Read 3975 times)

Offline Jee

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AI is capable of handling a wide range of tasks instead of one task, and as we all know, AI have the human-level knowledge and would be able to complete any intellectual task that a person could. One may ask why I am talking about Ai is the report of Crypto Valley’s Top 50 companies, In the report, Near Protocol and Velas Network were added to the Crypto Valley Top 50. Near Protocol was able to raise substantial amounts from renowned investors and Velas has seen its network value increase signifiantly.


What draw my attention in that, Velas they are combining Artificial Intuition and blockchain. 
VELAS AG headquartered in Crypto Valley Zug, Switzerland is the first AI-operated delegated proof of stake blockchain, that allows to build decentralised applications and smart contracts on its mainnet, and ables scalability of the transactions, being able to validate 30000 transactions per second.

As we can see the advantage of AI in the blockchain is the speed of response to trouble and detecting anomalies. mean, less likely an attacker will have a chance to cause any issues. As a result Velas is a very fast blockchain speed without compromising security or decentralization.

The Velas Network has been live for one year and has a network value of $85M. Its modified PoS, enabled with Artificial intuition and transaction capabilities, has excited developer communities across the world.
Velas innovate consensus model by creating a blockchain with consensus being a smart contract versus the traditional model of it being hard coded.

This allows AI to analyse all data points in the network and over time suggest improvements via vote in the wallet, changing this smart contract and consensus of the blockchain as a result. This enables Velas to continuously improve itself at the core and over time as AI is being trusted, more people can choose to auto-agree to its suggestions and it will evolve even faster.
They also created a reputation layer which will allow better relationships between AI and the resource sharing nodes on the Velas network over time.

This is a revolution as it’s a brand new way of keeping network participants scored, which will allow AI to protect the network in case of an attack by restricting functions to reputable participants of the network only, those who earned their reputation over time. This will make cheating and other malicious behaviour impossible and allow the network to prevent attacks and defend itself like a living organism. 



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Offline Jawahara

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Artificial Intelligence (AI) is the in-thing in the current world and it would help in revolutionizing the world as a whole. Since the world is going digital AI will go a long way, and the blockchain technology is core of the process to achieve it.

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Artificial Intelligence (AI) is the in-thing in the current world and it would help in revolutionizing the world as a whole. Since the world is going digital AI will go a long way, and the blockchain technology is core of the process to achieve it.

words and that is true its the future, Velas is combining Artificial Intuition and blockchain and launching smart contracts using Ethereum’s Solidity —and also announced a resource sharing service VELASPHERE where GPU, CPU and DISK STORAGE can be shared on the Velas ecosystem and used to create decentralized internet, also adding a decentralized social media platform to Velas wallet  The above-mentioned features will be available right in the Velas wallet.

The idea is to create a wallet where you can upload files, make public profiles, search for dApps, watch videos and pictures and listen to the music. You’ll be able to chat with friends and share your life with other  in full privacy and security provided by a decentralized system with AI

 

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