MATRIX RELEASE POST
MATRIX - Intelligent Blockchain
ICO is about to begin!!!
time : Jan. 16, 2018 — Feb. 15, 2018 link to:
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https://t.me/matrixainetworkAbout MATRIX
What is MATRIX?Designed to be the new generation blockchain, MATRIX leverages the latest AI techniques to revolutionize the landscape of cryptocurrency. MATRIX differentiates itself from previous blockchains by offering breakthrough technologies in building AI-enabled autonomous and self-optimizing blockchain networks, which feature multi-chain collaboration and decoupling of data and control blocks..
Features of MATRIX —— Intelligent BlockchainEasier - Allowing everybody to design smart contracts without explicitly programming
Safer - Making blockchains more robust under malicious attacks
Faster - Enabling faster applications and transactions
More flexible - Integrating public and private chains with the capability of adaptive optimizing
Core Problems Resolved by MATRIX
Usability and market sizeAmong the 70 billion people can write or speak, only ~20 million can do programing. The AI techniques in MATRIX upgrade smart contracts to the next generation, intelligent contract. MATRIX revolutionarily extends the depth and breadth of blockchain applications by automatically generating contracts from prototyping concepts and making smart decisions based on historical data. MATRIX allows a user base that is 350 times bigger than that of Ethereum. The larger use certainly guarantees the liquidity of MATRIX tokens.
SafetyThe irreversibility and anonymity of blockchain transactions suggest that the digital asset can be under serious risk. The DAO attack already demonstrates how smart contracts can be exploited. The MATRIX blockchain is equipped with a powerful AI security engine, which is able to identify bugs and vulnerabilities in intelligent contracts.
Transaction speedThe transaction speed is the most influential factor on user experience, while the transaction throughput is the most important feature to support large-scale commercial applications. By enabling an unprecedented transaction efficiency, MATRIX is designed to unleash the real power of blockchains. The unique dynamic hierarchy generation mechanism of MATRIX enables a blockchain network with superior transaction speed. The ultimate goal is to outperform the VISA system and delivers a throughput of 1M transactions/sec
Hard-forkHard-fork, which splits the community and devaluates the digital asset, is destined to happen in most blockchain projects. MATRIX can dynamically adjust the parameters as needed so as to adapt to market needs. The AI-coordinated multi-chain scheme meets different needs at the same time. An evolutionary proactive optimization engine is embedded in the bottom protocol layer of MATRIX so that blockchain parameters are dynamically updated according to external conditions. Every node in the MATRIX blockchain is associated with one control chain and at least one data chain. Both chains are coordinated by a distributed consensus scheme.
Core Technologies of MATRIX
AI-Based POS+POW ConsensusMatrix delivers high-speed transactions by managing the network complexity with a hierarchical approach. The blockchain network built on the MATRIX technology is dynamically clustered into disparate groups of nodes. Each group has a delegate voted by an evaluation function considering both fairness and randomness. The delegate nodes exchange transactions in the P2P network and perform PoW computations. The winner delegate shares the PoW reward with nodes in its cluster.
Multi-Chain Scheme with Decoupled Control and Data ChainsA standard MATRIX node is associated with one control chain and at least one data chain. Both chains are operated with the distributed consensus scheme. The control chain is equipped with various AI models and behavioral specifications for data chains. The data chain perform data operations and collaborate with other chains and routers coordinated by the control chain. The introduction of the control chain enable MATRIX blockchain to exchange data and execute contracts with other blockchain.
AI-Based Security FrameworkMATRIX offers an overall security framework consisting of four major components, 1) rule-based syntactic checking of smart contracts, 2) transaction model identification and security checking through semantic analysis, 3) AI-based security checking and formal verification of smart contracts, and 4) deep learning based dynamic verification and security optimization.
White Paper
Who We Are
Headed by leading scientist and industry veterans, the team members have extensive experiences in various areas.
Prof. SteveDeng —— Chief AI ScientistProf. Deng is an associative professor of School of Software, Tsinghua University, where he has been a faculty member since 2008. Prior to Tsinghua, he was with Magma Design Automation as a consulting technical staff. He received his Ph.D. degree from Carnegie Mellon University and completed his ME and BE studies at Tsinghua University.
His research interests include machine learning, industry data analytics, and computer architecture. He has been the PI or Co-PI for numerous national level research projects. Since 2016, he has been the Vice Principle Architect of China Railway Rollingstock Corporation’s Prognostics Health Management for High-Speed Trains Project, which focuses on leveraging modern machine learning techniques to revolutionize the operation and maintenance of railway vehicles. His book, Structural IC Design and High Level Synthesis, was adopted as the textbook of IC design by Tsinghua and many other universities. His work on deep learning based image detection was ranked #1 in many prestigious challenges (e.g. PASCAL VOC and COCO). He is the author or co-author of over 50 papers. He received many awards, including a best paper award on International Conference on Computer Design 2013, NVIDIA partnership professor Award, and Tsinghua Key Talent Award. He is in charge of designing machine learning algorithms and hardware architectures for the MATRIX blockchain.
Bill Li —— Chief Network ArchitectMr. Li is a leading expert of communication and IC design. He is a major contributor of many 4G, 4.5G(NB-IoT) and 5G standards of China. He was the chief architect of China’s first WiFi transceiver IC. As a Co-PI, he led the design of the dispatch communication system of China’s first aircraft carrier. His work on communication IC designs won numerous national awards. His book, Communication IC Design, was the best-selling textbook in this area and is used by many prestigious universities. He will lead the architecture design of the MATRIX blockchain.
Dr. Tim Shi —— Chief Chip ScientistDr. Shi is a veteran of the semiconductor industry. Prior to joining MATRIX, he was a Principal System Architect of AMD and also responsible for the technology partnership of AMD with companies and universities in greater china. Before this position, he held various position at different leading international IC companies such as Synopsys and ARM. Dr. Shi was also with Samsung Semiconductor as a senior chip design engineer (based at Samsung’s headquarters in Korea).
Dr. Shi received his Ph.D. degree from the Chinese Academy of Sciences in 2005.
Owen Tao —— CEOMr. Tao received the bachelor degree in the double-major (physics and economics) program of Peking University. Holding the CEO positions in several high-tech startup companies, he has rich experience in managing product development. He supervised the development of the 3D virtual community, China’s first embedded game advertising system and other Internet technology products. He also has strong skills in product operation and promotion. He led the development and operation of China’s first cross-border e-commerce platform, which attracted 20 million users around the world. As the CEO of MATRIX, Mr. Tao is responsible for strategic decision making and product positioning.
John Zhu —— Senior VP
Ethan Tian —— Chief R & D Engineer
Jigang Lv —— Sales Director
Guoqiang Zhang —— Operation Director
Dr. Donglin Wang——Chief Advisor of AI
Tony Surtees—— Advisor
Michael Ng —— AdvisorMATRIX in Press
BusinessInsider: Bitcoin Mining Can Power Neuroscience, Says Matrix Chief AI ScientistNewsBTC: MATRIX: A Safer, Faster and More Flexible Intelligent BlockchainCointelegraph: Bitcoin Mining Can Power Neuroscience, Says Matrix Chief AI ScientistYahoo!Fanance: A MATRIX Chain Seeking to Define Blockchain 3.0 by Incorporating Blockchain and AIYahoo!Fanance: First "Alliance for the Development of Artificial Intelligence and Block Chain Technologies" will be Established in China for the Development of Integration of the two TechnologiesBitcoinist: MATRIX: A Safer, Faster and More Flexible Intelligent Blockchain.Turstnodes: MATRIX launches the next generation of Intelligent BlockchainBitcoin Garden: MATRIX announces the launch of Blockchain 3.0 – Artificial Intelligence NetworkCoinidol: MATRIX: A Safer, Faster and More Flexible Intelligent BlockchainHowtotoken: How is the Blockchain Changing Our Day to Day LivesMATRIX in ICO Listing Platform
icoalerticocountdowncoinscheduleicobazaarfoundicoMore listing platforms will list our ICO project soon.
What is an AI enabled consensus? Does it mean that the consensus is no longer distributed? (and managed by someone - defeats the whole purpose of distributed blockchain)
