Vitalik Buterin Categorizes 4 Integrate Crypto with AI

Ethereum Co-Founder Vitalik Buterin outlines 4 potential directions to facilitate the convergence between crypto and the field of AI.

Vitalik Buterin Categorizes 4 Integrate Crypto With Ai_65bad63e09b6d.webp

In his latest blog post, Ethereum co-founder Vitalik Buterin has elucidated four strategies for intertwining cryptocurrency with artificial intelligence (AI), concurrently presenting illustrative examples of potential applications and associated risks.

Buterin contends that “AI” is a highly expansive concept, viewing it as a collection of algorithms that are not merely directed to operate on demand but necessitate a fusion of computational processes and specific pressures to enable autonomous development aligned with the builders’ intentions.

There exist multiple avenues for utilizing AI to attain the aforementioned objectives, and they can be categorized into four primary types:

vitalik buterin categorizes 4 integrate crypto with ai 65bad63e0ccdf

  1. AI as an Agent in a Protocol: Engaging in mechanisms where their developmental impetus originates from human input.

  2. AI as the Foundation of the Protocol: Assisting users in comprehending the cryptocurrency landscape and ensuring that messages and transactions are appropriately verified, thereby enhancing security against fraudulent activities.

  3. AI Generating Protocol Rules (requires prudent development): Applicable to blockchain, DAO, and analogous mechanisms.

  4. AI Becoming the Objective of the Protocol (long-term development, substantial potential): Capable of autonomously designing blockchains, DAOs, and similar mechanisms, utilizing AI for diverse purposes, including leveraging cryptocurrencies to bolster network development. Concurrently, this involves integrating features to prevent AI from leaking personal data or being subject to misuse.

Related: Vitalik Buterin’s Advice for Investors

Risks and Challenges in the Intersection of AI and Crypto

Within the four classifications, the Ethereum progenitor highly advocates for the feasibility of employing “AI as an agent in the protocol,” concurrently acknowledging that using “AI as the foundation of the protocol” holds significant potential but also carries inherent high risks.

In general, fundamental applications are still designed similarly to before, but AI agents enable mechanisms to operate more efficiently on a broader scale. This is the most promising and readily achievable scenario at the current moment.

Buterin notes the sole challenge in merging cryptocurrency with AI is the endeavor to develop a single, reliable, decentralized AI that other applications can depend on.

These applications hold promise in terms of functionality and enhancing the safety of AI by avoiding centralization risks associated with more conventional approaches to that problem. However, there are also many ways in which fundamental assumptions can fail; therefore, caution is necessary when deploying these applications, especially in high-value and high-risk contexts.

In the article’s conclusion, Buterin anticipates seeing more applications in the future utilizing AI in all four outlined areas to discover the optimal integration of crypto and AI on a large scale.

Recent times, particularly the late 2023 and early 2024 period, have witnessed numerous posts and proposals from Ethereum’s co-founder. Earlier, Vitalik Buterin suggested raising the gas fee limit on Ethereum by 33%, following proposals to address current shortcomings of the Proof-of-Stake consensus mechanism and concurrently unveiling the 2024 roadmap for Ethereum.

5.0/5

(100 votes)
  1. Avatar of zoritoler imol
    zoritoler imol

    I’m truly enjoying the design and layout of your website. It’s a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you hire out a designer to create your theme? Fantastic work!

Comments are closed.

Latest

Binance Announces Listing Of Velodrome Finance

News | Altcoin | Editor Choice

Binance Announces Listing of Velodrome Finance

The Binance exchange has announced the listing of Velodrome Finance, a DEX on Optimism, at 14:00 (UTC) on December 14, 2024.

Eth Could Surge To $15k As Etf Inflows Hit Record Highs

News | Altcoin | Analytics | Editor Choice

ETH Could Surge to $15K as ETF Inflows Hit Record Highs

Analysts believe Ethereum could rise to $15K, with positive signals from capital flows into ETFs.

Grayscale Establishes Investment Fund For Lido And Optimism

News | Altcoin | Editor Choice

Grayscale Establishes Investment Fund for Lido and Optimism

Grayscale recently announced the establishment of a new investment fund focused on two projects within the Ethereum ecosystem: Lido and Optimism.

How To Participate In The Xterio Airdrop

Airdrops | Editor Choice

How to Participate in the Xterio Airdrop

Join the airdrop hunt for the Xterio project, which has successfully raised $55 million and is currently running the The BeFriend AI Web campaign.

Ripple Issues Over 13 Million Rlusd Ahead Of Launch

News | Altcoin | Editor Choice

Ripple Issues Over 13 Million RLUSD Ahead of Launch

Ripple Labs, an American blockchain payments company, has issued over 13 million RLUSD stablecoins across multiple blockchain networks. This is part of Ripple’s enhanced testing phase in preparation for the stablecoin’s launch, which is expected to take place after approval from the New York State Department of Financial Services (NYDFS).