More and more BTC block reward miners are ‘pivoting to AI.’ But it’s not because AI is the new hot chick at the tech sector bar. It’s because the block reward economic model is broken (1/10)
BTC’s failure to scale makes it impossible for the network to realize Satoshi Nakamoto’s plan for transaction fees to take the place of ever-diminishing block rewards as miners’ primary source of revenue. (2/10)
Miners appear to be abandoning BTC for AI’s greener pastures, but I don’t see this as an either/or scenario. There are avenues to be explored in which blockchain technology could add both certainty and security to AI (3/10)
Federated learning—collaborative machine learning that focuses on data stored across multiple servers or devices, including personal devices—could benefit from blockchain’s immutable and distributed nature by ensuring this data hasn’t been fiddled with (4/10)
AI large language models (LLM) are rapacious, consuming any and all public data, regardless of the veracity of that data. LLMs trained on immutable blockchain-based data from verified sources could help reduce the frequency and severity of AI ‘hallucinations’ (5/10)
These blockchain-trained LLMs would probably need to be more focused on particular sectors or schools of knowledge, but there are likely cases in which users would prefer accuracy to variety (6/10)
But the explosion of data pumped out by the ever-growing number of Internet of Things (IoT) devices—spurred by adoption of IPv6 and the exponential rise in individual IP addresses—is beyond the capacity of humans to process and analyze. (7/10)
AI will be needed to process this IoT data, but an enterprise-grade blockchain such as BSV will also play a role, thanks to its ability to process over 1 million transactions per second at fees of less than a cent (8/10)
Even better, AI, BSV and IoT will combine to create Metanet, an economically integrated online system that enables cost-effective, instant micropayments, allowing easy access and monetization of webpages, services and every single piece of online data. (9/10)
Too many in the blockchain sector are focused on short-term personal profits rather than long-term societal benefits. The combo of AI, BSV and IoT stand ready to usher in a better future for all (10/10)
AWS and Aerospike help bring BSV Blockchain’s Mandala upgrade to life
Written by Ryan Brothwell
Published On 27 Jun 2024
https://www.bsvblockchain.org/news/aws-and-aerospike-help-bring-bsv-blockchain-mandala-upgrade-to-life
Calvin Ayre
Jul 19, 2024
https://x.com/CalvinAyre/status/1814289437687161251?t=rtsmFBg4gPx-9e5FVDmJJg&s=19
https://t.me/CalvinAyre/895
BTC’s failure to scale makes it impossible for the network to realize Satoshi Nakamoto’s plan for transaction fees to take the place of ever-diminishing block rewards as miners’ primary source of revenue. (2/10)
Miners appear to be abandoning BTC for AI’s greener pastures, but I don’t see this as an either/or scenario. There are avenues to be explored in which blockchain technology could add both certainty and security to AI (3/10)
Federated learning—collaborative machine learning that focuses on data stored across multiple servers or devices, including personal devices—could benefit from blockchain’s immutable and distributed nature by ensuring this data hasn’t been fiddled with (4/10)
AI large language models (LLM) are rapacious, consuming any and all public data, regardless of the veracity of that data. LLMs trained on immutable blockchain-based data from verified sources could help reduce the frequency and severity of AI ‘hallucinations’ (5/10)
These blockchain-trained LLMs would probably need to be more focused on particular sectors or schools of knowledge, but there are likely cases in which users would prefer accuracy to variety (6/10)
But the explosion of data pumped out by the ever-growing number of Internet of Things (IoT) devices—spurred by adoption of IPv6 and the exponential rise in individual IP addresses—is beyond the capacity of humans to process and analyze. (7/10)
AI will be needed to process this IoT data, but an enterprise-grade blockchain such as BSV will also play a role, thanks to its ability to process over 1 million transactions per second at fees of less than a cent (8/10)
Even better, AI, BSV and IoT will combine to create Metanet, an economically integrated online system that enables cost-effective, instant micropayments, allowing easy access and monetization of webpages, services and every single piece of online data. (9/10)
Too many in the blockchain sector are focused on short-term personal profits rather than long-term societal benefits. The combo of AI, BSV and IoT stand ready to usher in a better future for all (10/10)
AWS and Aerospike help bring BSV Blockchain’s Mandala upgrade to life
Written by Ryan Brothwell
Published On 27 Jun 2024
https://www.bsvblockchain.org/news/aws-and-aerospike-help-bring-bsv-blockchain-mandala-upgrade-to-life
Calvin Ayre
Jul 19, 2024
https://x.com/CalvinAyre/status/1814289437687161251?t=rtsmFBg4gPx-9e5FVDmJJg&s=19
https://t.me/CalvinAyre/895
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