NEW: Unlock the Future of Finance with CRYPTO ENDEVR - Explore, Invest, and Prosper in Crypto!
Crypto Endevr
  • Top Stories
    • Latest News
    • Trending
    • Editor’s Picks
  • Media
    • YouTube Videos
      • Interviews
      • Tutorials
      • Market Analysis
    • Podcasts
      • Latest Episodes
      • Featured Podcasts
      • Guest Speakers
  • Insights
    • Tokens Talk
      • Community Discussions
      • Guest Posts
      • Opinion Pieces
    • Artificial Intelligence
      • AI in Blockchain
      • AI Security
      • AI Trading Bots
  • Learn
    • Projects
      • Ethereum
      • Solana
      • SUI
      • Memecoins
    • Educational
      • Beginner Guides
      • Advanced Strategies
      • Glossary Terms
No Result
View All Result
Crypto Endevr
  • Top Stories
    • Latest News
    • Trending
    • Editor’s Picks
  • Media
    • YouTube Videos
      • Interviews
      • Tutorials
      • Market Analysis
    • Podcasts
      • Latest Episodes
      • Featured Podcasts
      • Guest Speakers
  • Insights
    • Tokens Talk
      • Community Discussions
      • Guest Posts
      • Opinion Pieces
    • Artificial Intelligence
      • AI in Blockchain
      • AI Security
      • AI Trading Bots
  • Learn
    • Projects
      • Ethereum
      • Solana
      • SUI
      • Memecoins
    • Educational
      • Beginner Guides
      • Advanced Strategies
      • Glossary Terms
No Result
View All Result
Crypto Endevr
No Result
View All Result

Decentralized AI On Blockchain Rivals OpenAI’s Lead

Decentralized AI On Blockchain Rivals OpenAI’s Lead
Share on FacebookShare on Twitter

Introduction to Decentralized AI and the Proof of Honesty (PoH) Protocol

OpenAI’s SORA has captivated public attention, showcasing the transformative power of AI and its capacity to reshape our world once again. In the realm of cryptocurrency and blockchain, decentralized AI projects like Gensyn, OORT (my own startup), and Bittensor are emerging to accelerate AI development by leveraging decentralization’s benefits—enhanced data privacy and cost savings.

The Emergence of Decentralized AI

Leveraging blockchain technology and cryptographic economic incentives, decentralized AI encourages global participants to contribute computing power and data, fostering innovation and widespread adoption of AI technologies.

The Problem of Efficient Resource Allocation

For efficiency and fairness, networks should prioritize users with higher utility needs, such as what we do in internet bandwidth allocation and cellular scheduling systems. Yet, optimizing resource allocation becomes challenging in decentralized environments due to the absence of comprehensive global information.

The Solution: Proof of Honesty (PoH)

The PoH protocol, leveraging blockchain technology, incentivizes service providers with cryptocurrencies proportional to their network contributions.

PoH Incentivizes The Selfish Nodes To Act To Optimize The Social Goals

For example, in decentralized AI, the dataset of an AI model can be stored in multiple geographically distributed service providers. When a user gets all pieces of the dataset from these service providers, the crypto reward will be proportionally shared by the service providers who contribute the dataset pieces.

This incentivizes the service providers to cache frequently accessed dataset pieces in proximity and to deploy in a zone with high and reliable bandwidth, ultimately optimizing the network topology and the resource allocation in a decentralized manner.

PoH Enables Decentralized Trustworthy Computing

Security and trust are paramount in the digital era, especially for AI computing tasks outsourced to an unknown service provider in a decentralized AI network. PoH is a vigilant guardian in AI computing, ensuring that outsourced tasks are completed accurately and honestly.

PoH employs a mechanism inspired by law enforcement’s use of entrapment, discreetly incorporating test tasks, or “phishing tasks,” among real tasks. If a provider attempts to cut corners, the “PoH officers” catches them in the act using these phishing tasks, which deters dishonesty and secures the process without the need for constant oversight.

A Mechanism for Security

PoH embeds “phishing tasks” within regular tasks, making them indistinguishable from real tasks but with expected results known to the outsourcer. This strategy creates uncertainty among service providers about which tasks are tests, encouraging integrity to avoid detection and penalties.

Democratizing AI Development

Though still in its infancy, decentralized AI promises to revolutionize how AI development occurs. By facilitating direct interactions between developers and users, bypassing the traditional gatekeepers of centralized authorities, it paves the way for a more democratic and trustworthy AI ecosystem.

The Future of AI Development

This shift could dramatically alter the power dynamics within the AI market, marking a substantial step toward democratizing access to AI technologies.

Conclusion

The Proof of Honesty protocol demonstrates the potential for decentralized AI to bring trust and security to the development of artificial intelligence, fostering a more inclusive and efficient development process.

FAQs

What is Decentralized AI?

Decentralized AI refers to the use of blockchain technology and cryptocurrencies to accelerate AI development and implementation, promoting decentralized control, transparency, and security.

How Does Proof of Honesty (PoH) Work?

PoH incentivizes service providers to contribute computing power and data to decentralized AI projects, promoting honesty and trust among providers through the use of phishing tasks and cryptography.

What Are the Benefits of Decentralized AI?

The benefits of decentralized AI include enhanced data privacy, cost savings, increased security, and a more inclusive and trustworthy AI ecosystem.

What Is the Future of AI Development?

The future of AI development lies in the hands of decentralized AI, promising a more democratic and efficient development process.

cryptoendevr

cryptoendevr

Related Stories

AI agents will have growing pains before innovation can start

AI agents will have growing pains before innovation can start

February 28, 2025
0

Opinion by: Sandy Peng, co-founder of Scroll The Rise and Fall of AI Agents Initial Coin Offerings (ICOs) were a...

Crypto scams set for biggest year ever due to AI: Chainalysis

Crypto scams set for biggest year ever due to AI: Chainalysis

February 28, 2025
0

Crypto Scams: The Growing Threat of Artificial Intelligence-Powered Fraud Introduction Crypto scams have been a persistent threat in the digital...

World competitor Billions Network launches non-biometric digital ID

World competitor Billions Network launches non-biometric digital ID

February 28, 2025
0

Digital Identity Taking Newfound Importance Billions Network has launched a digital identification platform that doesn't require users to hand over...

Cointelegraph Bitcoin & Ethereum Blockchain News

Cointelegraph Bitcoin & Ethereum Blockchain News

February 28, 2025
0

Here is the rewritten content in a well-organized HTML format with all tags properly closed: Agentic AI, Explained Agentic AI...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Die acht wichtigsten Sicherheitsmetriken

Die acht wichtigsten Sicherheitsmetriken

May 15, 2025
What Makes a CryptoKitty Worth 0,000?

What Makes a CryptoKitty Worth $140,000?

May 14, 2025
LAST CHANCE To Become A CRYPTO MILLIONAIRE! (DO THIS!)

LAST CHANCE To Become A CRYPTO MILLIONAIRE! (DO THIS!)

May 14, 2025
Marks & Spencer räumt Datendiebstahl ein

Marks & Spencer räumt Datendiebstahl ein

May 14, 2025
What’s Up Grok? AI Under Fire for Injecting ‘White Genocide’ Claims Into Unrelated Replies

What’s Up Grok? AI Under Fire for Injecting ‘White Genocide’ Claims Into Unrelated Replies

May 14, 2025

Our Newsletter

Join TOKENS for a quick weekly digest of the best in crypto news, projects, posts, and videos for crypto knowledge and wisdom.

CRYPTO ENDEVR

About Us

Crypto Endevr aims to simplify the vast world of cryptocurrencies and blockchain technology for our readers by curating the most relevant and insightful articles from around the web. Whether you’re a seasoned investor or new to the crypto scene, our mission is to deliver a streamlined feed of news and analysis that keeps you informed and ahead of the curve.

Links

Home
Privacy Policy
Terms and Services

Resources

Glossary

Other

About Us
Contact Us

Our Newsletter

Join TOKENS for a quick weekly digest of the best in crypto news, projects, posts, and videos for crypto knowledge and wisdom.

© Copyright 2024. All Right Reserved By Crypto Endevr.

No Result
View All Result
  • Top Stories
    • Latest News
    • Trending
    • Editor’s Picks
  • Media
    • YouTube Videos
      • Interviews
      • Tutorials
      • Market Analysis
    • Podcasts
      • Latest Episodes
      • Featured Podcasts
      • Guest Speakers
  • Insights
    • Tokens Talk
      • Community Discussions
      • Guest Posts
      • Opinion Pieces
    • Artificial Intelligence
      • AI in Blockchain
      • AI Security
      • AI Trading Bots
  • Learn
    • Projects
      • Ethereum
      • Solana
      • SUI
      • Memecoins
    • Educational
      • Beginner Guides
      • Advanced Strategies
      • Glossary Terms

Copyright © 2024. All Right Reserved By Crypto Endevr