Solana imagines democratizing the blockchain with ChatGPT
It is said, to explain the concept of blockchain, that it is like an “open ledger”. All transactions are recorded and can be consulted there, and this is one of…
It is said, to explain the concept of blockchain, that it is like an “open ledger”. All transactions are recorded and can be consulted there, and this is one of the main contributions of this technology. With one detail, which is said less: the information is unreadable for ordinary mortals. To make this content understandable, Solana – an alternative network to the leader Ethereum -, will integrate ChatGPT as interface . How to democratize the blockchain?
The strength of the generative artificial intelligence (IAG) developed by OpenAI is to digest varied and complex sums of data on the one hand (here, the multiple daily transactions of the blockchain), and on the other, to come out of it. synthetic and understandable information (what these transactions correspond to and from whom they originate). For this, Solana offers since Tuesday a “plug-in” connecting ChatGPT to its blockchain.
Buy and soon create NFTs
For Anatoly Yakovenko, co-founder and CEO of Solana Labs, this new interface is as important for the blockchain as the appearance of “Windows and the mouse” for computers; before, everything was done in lines of code and on the keyboard. In order to get the most accurate results, he recommends that starting today, “every developer thinks about how their app will interact with an AI model.”
Eventually, Anatoly Yakovenko thinks that we will be able to include elements (intelligent contracts, or “smart contracts”, including NFTs) in the blockchain , simply by giving the correct instructions in text form to ChatGPT. If the specifications may seem simple to complete (for an NFT, you can choose, for example, the price, the resale commission, the voting rights attached, etc.), beware of the specificities of the blockchain. Indeed, once a contract is registered there, unlike a traditional server, it can no longer be erased and the error can lead to piracy or ruin.
On the other hand, the Solana executive believes ChatGPT can help developers follow cybersecurity best practices, as well as audit code for bugs and flaws. He also imagines total automation of the production chain.
Envelope of 10 million dollars
“A cool thing, he foresees, would be to say to the artificial intelligence: ‘Hey, I want to create a collection of NFTs of 10,000 pictures in this style’, then she manages the diffusion on the blockchain, her price, creates a Discord group, answers questions and starts generating stories. In the meantime, ChatGPT should allow NFTs to be purchased, transferred and inspected.
To support the development of innovations that combine AI and blockchain, Solana is also launching a $10 million fund. This envelope is doubled by a three-month acceleration program for students and academics.
While Solana stood out from Ethereum for its ability to support a lot of transactions, it had been losing momentum since the NFT bubble and the FTX crash . Will ChatGPT breathe new life into it?