Is it true that AI will have the ability to create a token that can be managed completely by synthetic intelligence (AI) as a substitute of counting on conventional mining?
The truth is, there are already examples of such tokens available in the market. These tokens sometimes use different consensus mechanisms or distribution strategies that don’t require mining, comparable to Proof of Stake (PoS), Proof of Authority (PoA), or different energy-efficient mechanisms.
In the meanwhile, the initiatives which have made essentially the most progress on this (not promoting it's simply a few examples):
- https://thegraph.com/en/
- https://cryptogpt.org/ (by the way in which, proper now you will get 200 tokens extracted totally free with the assistance of AI. That is already equal to $17.)
- https://singularitynet.io/
These initiatives, like many others, appeared comparatively lately. However for a short while of their existence, their value has noticeably tightened. I'm not utterly certain what that is associated to. Possibly it's only a hype on this space or synthetic intelligence actually works.
In any case, I feel it's value spending a few {dollars} and shopping for tokens on this space now for a few {dollars}. Maybe it can develop into a competitor of bitcoin within the distant or not distant future. It is vitally fascinating to listen to your opinion, what do you concentrate on it?
submitted by /u/wtfwtf6160
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