SingularityNET, the AI firm behind the expressive robotic Sophia, is “seriously discussing” a migration from Ethereum to Cardano, after asserting a collaboration with IOHK.

IOHK is run by the founding father of Cardano, Charles Hoskinson, and drives the event of the blockchain platform.

SingularityNET is a full-stack AI platform that lets anybody create, share, and monetize AI providers at scale. The potential transfer to Ethereum is pushed by considerations round velocity and prices which were badly affected currently by demand from DeFi platforms, with gas cost peaking as high as $17 per transaction. The workforce additionally has doubts in regards to the feasibility of Ethereum 2, which has been in improvement for the previous few years however remains to be a way off being a sensible answer.

“Present velocity and price points with the Ethereum blockchain have elevated the urgency of exploring alternate options for SingluarityNET’s blockchain underpinning,” mentioned Dr. Ben Goertzel, CEO and Founding father of the SingularityNET Basis. He mentioned the partnership will assist drive Caradano’s improvement and  scale SingularityNET-based providers:

“The transition of SingularityNET onto fashionable blockchains similar to Cardano is a transparent path to reaching scale and velocity, and the completion of the fiat-to-crypto gateway will take away the requirement for end-users of SingularityNET-based providers to take care of cryptocurrency infrastructure”

If SingularityNET goes forward with the plan, it will swap its native AGI token from ERC20 to Cardano and fully ditch the Solidity programming language in favor of Plutus to create good contracts. Dr. Goertzel took a swipe at Solidity’s shortcomings saying:

“As a Turing-complete language with out easy devoted mechanisms for creating extra restricted Area-Particular Languages (DSLs), Solidity presents vital challenges to the formal program verification and the evaluation strategies which are important to security and safety on right this moment’s Web.”

Dr. Goertzel believes the longer term is multi-chain, so there’s a great likelihood the workforce could not transfer away from Ethereum fully. In an interview with IOHK’s Charles Hoskinson he mentioned that being a decentralized challenge it was as much as the group and market to resolve:

“If the Cardano portion works a lot a lot better.. then every part ought to migrate there,” he mentioned. “If it seems that the Ethereum portion is extra helpful for some functions, the Cardano portion is beneficial for some functions, then so be it, proper?”

SingularityNET has a giant imaginative and prescient for the longer term, with one of many necessary elements one thing known as  Synthetic Common Intelligence (AGI) — a hypothetical machine intelligence that has the capability to grasp or study any mental activity {that a} human being can.

The community goals to create an ecosystem the place quite a lot of totally different AIs can collaborate and outsource duties to different AIs. For Dr. Goertzel, diversification and decentralization of AI is essential since most AI initiatives are owned by giant tech corporations. He hopes that Cardano will speed up this course of:

“Cardano’s totally formalized purposeful programming foundations have potential to offer a wealthy and versatile foundation for implementing superior elements of the SingularityNET design — however simply as critically, they’ve sturdy promise to offer a safe and dependable foundation for the community’s operations fundamental and superior alike.”

SingularityNET claims to be the primary platform to permit totally different AIs to speak with one another and share knowledge whereas connecting builders and customers. The corporate can be behind probably the most subtle and expressive robotic so far, Sophia, and have utilized for citizenship for the robotic with the Maltese authorities.

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