Topic: Artificial Intelligence and CryptoCurrency? (Read 1600 times)

Today, most of crypto anthusiast (newbie), know blockchain is bitcoin, blockchain is cryptocurrency. That is wrong. AI and cryptocurrency, as i know, if someone developing AI program and use cryptocurrencies as payment, i think thats very easy to implement. But, AI, Blockchain and IOT, is different tech, but it will became good tech in the future if 3 kind of this tech joining in 1 system.

A blockchain is simply an immutable linear database. Use cases for AI would be those perhaps where it is fed data from a chain and used to help model better distribution methods. Or alternatively feeding from multiple chains coupling the data with market trends and mining trends to output the best times to buy/sell and what exactly to buy/sell/mine .

Bitcoin and derivatives have been pointed out to have static algorithms that determine how many coins will ever exist. If i was to apply AI into solving that problem, i guess one could have an AI that would determine a variable reward, variable stake, variable demurrage etc, maybe even lock difficulty.

Most likely attempts at doing this will require using a second channel atop the typical framework. Also One then wonders if the AI should be full decentralised or distributed like masternodes. How would  one resolve a deadlock if there is no majority ?

Lots to think about.  

Cryptocurrency market is very unpredictable. Therefore, I think that it is difficult for artificial intelligence to predict the future of Bitcoin. I do not think that it can make a good profit.

Artificial intelligence can help when use some program to send coins i think, and should be integrated over time on more devices and this will somehow help crypto, but i think is hard to make a coin only with AI, and i not like bots on crypto.

It seems to me that the artificial intelk will start presenting on the cryptocurrency market in a few years. It is meant to judge quite strongly.

Artificial Intelligence or BOTs in cryptocurrency? Many are thinking that they are some bots who are functioning in order to make an alternative coins in order to have some coins that might be have a large amount of price to overcome bitcoin who is the most larger price in the market. I think there are some artificial intelligence in cryptocurrency who do those kind of doings. But I know some site in which there are no artificial intelligence or bots that are using and this is the gaming platform in which there are no bots or artificial intelligence that are playing on the said gaming website, because I assure that all of the players there are real people who wants to earn more money.

Maybe if some one or some companies would going to have a robot powered by AI that is allowed to conduct a verification process that usually works to tally information about a user, and as well as to increase its security since the information provided is backed with a blockchain technology, it can be universal so that, future companies will have their standard platform using the AI and Crypto.

The point is they are digital coins designed for use by people all over the world with a very strong security base. but it also depends on the holder. because in some cases there are people who lose their coins because they have been hacked by irresponsible people. but I am sure the holder does not store it securely with the password or security in his wallet

look at this one. https://www.nebula-ai.com/

One of the most promising projects in this area.

-Converting your mining hash power to AI computing power
-Building decentralized AI application faster
-Costing 30% less to train your algorithm than Amazon GPU

incredible one.

Hey!

There's this project called YANU that has a lot of potential to grow and they also have a real life product ready soon

YANU is a fully autonomous A.I. and robot empowered bartending unit.
It serves drinks, handles payments, identifies and communicates with clients.

Yanu token is an ERC20 token, with a total supply of 400,000,000. It was created as a mean of fundraising and a payment option for Yanu ecosystem.
Currently, tokens can be used to buy drinks from Yanu bartending units and to buy the robot units itself.
Token holders will receive substantial discounts when buying with tokens and also get VIP privileges.

Yanu token will help:

Save money by cutting out bank and credit card fees
Keep customer data private
Run marketing promotions

They have a real product that is aimed to launch commercially in the beginning of 2020. Yanu is in a fast growing and popular service robotics sector.
Yanu robots will be used in airports, transportation hubs, stadiums, hotels and exhibition halls around the world.
Due to strategically picked location, the product will be seen by millions of people every day.

They will also do a Candybox campaign to motivate buying and holding the tokens.
This means that they will be paying out bonuses to token holders who keep a certain balance of Yanu tokens.
The payouts will happen after 31.12.2019 which is the date a snapshot will be taken of the Candybox balances.

The bonus payouts of the Candybox are the following:

+10% bonus to all balances who deposited before 01.07.2019
+15% bonus to balances over 100 tokens
+30% bonus to balances over 1000 tokens
+50% bonus to balances over 10 000 tokens
+70% bonus to balances over 100 000 tokens

Yanu token has a built-in demand. They will be buying back 2% revenue worth of tokens at the market price.
This will gradually decrease the circulating supply and thus making it a valuable
tokens to hold long-term. This will also provide additional liquidity.

Check out the website - https://yanu.ai/
And here's a bit more about the token - https://yanu.ai/token/

Let me know your thoughts on this 

Well I have been seeing a lot of project making promises about building their platforms on AI, though I think the once that have actually implemented it if any are very few, though you can't compare AI with Crypto, because Crypto can be built around AI just to make things faster and easier for us the Crypto community, comparing AI and Crypto is just like comparing python and Crypto which doesn't even make sense since Crypto projects could be built in python.

I am wowed find out that discussion regarding AI (artificial intelligence) has been alive for such a long term
But then, why has AI struggled to make potential or gain hype.

Where is iota today, maybe iagon will make better of AI and help it’s stability

I think AI will be related to blockchain projects but on in the way that most have expressed it in the crypto space for now.

I just don't understand, at what point programmed bots became Artificial Intelligent? There is no known applied AI to ANY coin, or blockchain, as far as I know, correct me if I'm wrong.

It is a field I would love to discover more and I would also love AI to be implemented and applied in everyday life. So far, we have only  PROGRAMMED devices to ACT as it would have been intelligent.

Many crypto-based project are incorporated with Artificial Intlellegence (AI) most of their business model are for trading platform and financial-related blockchain project.Building an AI system requires a huge infrastucture to almost perfect the system. AI is still a big dream in computing industry it is almost half a century that the AI are evolving but yet had to be perfect.

It's interesting to see that so far, there are not a lot of AI related projects in the crypto world. Hope to see this change, there are some interesting ICOs that plan to use AI, so I hope something comes out of that.

RoBET is an ICO which uses Artificial Intelligence. The team aims to bring together robo-advisory and betting, enabling robot suggestions for sportsbets and bets on the latest cryptocurrency trends.

Effect.ai project which is related to this is a network providing services in the market of artificial intelligence. The project almost reached a hard cap and attracted a lot of attention of the public. More details about it can be read on their site. Even on such a bear market I recommend investing.

Check out Numerai. It is a new kind of hedge fund built by a network of machine learning algorithms.

Ai is huge and too big to talk about in one forum I think it would need its own forum.