Decentralized AI On Blockchain Rivals OpenAI’s Lead
From Forbes:
OpenAI’s SORA is showcasing the power of AI and its impact on reshaping the world. Decentralized AI projects like Gensyn, OORT, and Bittensor are emerging to accelerate AI development through blockchain technology and cryptographic incentives. The Proof of Honesty (PoH) protocol incentivizes nodes to contribute towards a trustworthy AI ecosystem.
The PoH protocol incentivizes service providers in decentralized networks to optimize resource allocation and enhance network performance. By rewarding providers with cryptocurrencies based on their contributions, PoH encourages nodes to cache dataset pieces in proximity, leading to a globally optimal goal. This protocol improves the network’s efficiency and reliability through decentralized incentives.
PoH ensures trust and security in decentralized AI by incorporating “phishing tasks” to catch dishonest behavior among service providers. These test tasks are indistinguishable from real tasks and serve as a deterrent against cheating, promoting integrity and accuracy in AI computing. By embedding security measures within tasks, PoH maximizes trust and eliminates the need for constant oversight.
Decentralized AI promises to democratize the development of AI technologies by fostering direct interactions between developers and users. This shift may decrease market control of proprietary models, leading to increased transparency and inclusivity in AI development. With a focus on democratizing access to AI, decentralized AI is poised to revolutionize the industry.
Read more at Forbes: Decentralized AI On Blockchain Rivals OpenAI’s Lead