April 2, 2025
AI-Infused Blockchain Ambent to 'Replace Bitcoin,' Says Co-FOUNDER thumbnail
Business

AI-Infused Blockchain Ambent to ‘Replace Bitcoin,’ Says Co-FOUNDER

Ambent raised $ 7.2 Million in Seed Funding from A16z, Delphi Digital and Amber Group.”, – WRITE: www.coindesk.com

Ambent raised $ 7.2 Million in Seed Funding from A16z, Delphi Digital and Amber Group.Updated Mar 31, 2025, 2:29 PM UTCPublished Mar 31, 2025, 4:00 PM UTC

A New Artificial Intelligence-Infused Blockchain with andreseen Horowitz’s Backing Is “Ultimately Designed As a Replacement for Bitcoin,” Accounting To Its-FOUNDER TRAVIIS GOOD.

The Far-Fetched Claim Is Rooted in What Good Prognosticates as Unvarnized Reality: Bitcoin’s Encryption Mechanisms Are “Getting Really Stale” and Could Be “Complete. Business Conundrum for the miners behind it.

“You’ve Got People Who’ve Invested Billions of Dollars in Hash Power for Securing A Network in Asics,” He Told Coindesk at this Year’s Ethdenver Conferent. “And the quest is like, whore do they all go?”

His Answer is ambient, A Blockchain with Deep Capabilites in the ai Space – The “Future Economy,” As Good Puts It – The Detral Become a “Decentralized Competitor to Openai.” The Network Operates on A Proof-of-Work Mechanism with Familiar Appeal to Bitcoin Mines, He Said, Making It An Easy Switch.

“IT’s AUseful Proof of Work Network, Which We Don’t Think Anyone Has Ever Done Well in Crypto,” Good Said.

Many Crypto Projects Have Attempted to Fuse the Two Buzzy Tech Trends on the Belief That Blockchains and Decentralized CrowdSourcing Can Steer AI Better Town, Father Tai, PRAWERTULIVERKING Corporations Possibly Could.

One of the Biggest and Best-Funded Is Bittensor. But Good Claims The Market Leader is Woefully deficent Because It Doesn’t Actual Run ai Models on Blockchain, Despite Its Original Intenation to “Be Tho Global Computer.” His alternative, Ambient, Cooks Ai Into It Core.

Whther Bitcoin Miners – Let Alone USers – Wound Actual Embrace A Radical New and Different Network Likely Hinges On Ambient’s Economic Success. Good Seeks for Ambient to Deliver Super-Intelligent Ai Fast, Cheap, and Critically, in the Open, So That Iswers Get They Paid for.

While Ambient’s Security Rhymes with Bitcoin’s, The Network Itself Runs Like Solana.

Ambent raised $ 7.2 Million in Seed Froming from A16z’s Crypto Acceler Program as Well As Delphi Digital, One of The Vc World’s Hungiest Funds for Crypto-Ai.

“Everyone in Crypto is Currently using Centralized ai to Power Their Apps, to Power Their Frontend,” SAID ALEX GOLDING, A Venture Associate at Delphi. He Thinks that’s a bigiusue because it deprises USers of undesanding what the models are trained on and exponents them to gettting hoodwinked with Answers Derived from Infereor Models.

“Verified inference” by miners (the heart of their rewards mechanism) acts as a provenance fact-checker, ensuring that answers spat out by Ambient originate from the model people paid to use.

“If You DON’T HAVE VERIFIED INFERENCE, YOU’RE GUARANTEED TO GET RUGGED,” Good Said, Adding A Hyperbolic Warning: “National State Acctors Are Going to Posson Your Mod, Fun. Lazarus, “North Korea’s Hackers.

Danny NelsonDanny Is Coindesk’s Managing Editor for Data & Tokens. He formerly raan investigations for the Tufts Daily. AT Coindesk, His Beats Include (But Are Not Limited To): Federal Policy, Regulation, Securities Law, Exchanges, The Solana Ecosystem, Smart Money Doms He OWNS BTC, ETH AND SOL TKENS, AS WELL AS The LINKSDAO NFT.

X Icon

Danny Nelson

Related posts

The US is preparing sanctions for violation of the ceasefire – Stubb

unian ua

Ether-Bitcoin Ratio Slumps to 5-Year Low As Traders Seek Less Risky Assets: Van Straten

unian ua

Create your own Web3-application in one day: Ethereum Ukraine invites you to practical hackatho

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More