AI and Big Data Cryptocurrencies Dominate Development Activity
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Santiment, a leading market intelligence platform, has unveiled the top 10 cryptocurrencies blazing the trail in the crypto sector. Over the past 30 days, Santiment analyzed these projects’ development activity rates, a metric reflecting the commitment of project teams and the community’s engagement. The results highlight a surge in activity among cryptocurrencies dedicated to AI and Big Data applications, signaling their potential to redefine the industry landscape.

Oasis Protocol Leads the Charge 

Oasis Protocol (ROSE) tops the list. It distinguishes itself by focusing on creating a privacy-enabled blockchain platform supporting decentralized applications and open finance. Next closely is NEAR Protocol (NEAR), designed to bridge the gap between traditional and decentralized applications. 

Its developer-friendly blockchain offers optimal performance and a seamless user experience. Graph Protocol (GRT) secures the third position, leveraging its protocol for indexing and querying data from blockchains.

Bittensor (TAO) is next, and it’s a promising project aiming to establish a decentralized network where participants can share and monetize AI models. Golem (GLM) introduces a marketplace for computing power, facilitating the decentralized renting of computational resources. 

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Ocean Protocol (OCEAN) follows suit, focusing on unlocking data sharing and monetization while ensuring control, transparency, and compliance for all involved parties. Oraichain (ORAI) steps in with its AI-powered ecosystem for blockchains and applications, providing reliable data feeds for decentralized networks. 

iExec (RLC) establishes a decentralized marketplace for cloud resources, catering to the growing demand for computing power in AI applications. SingularityNET (AGIX) and Streamr (DATA) complete the lineup, each offering unique solutions to drive adoption and innovation in the crypto space. 

SingularityNET aims to establish a decentralized marketplace for AI services, fostering collaboration and accessibility in the AI industry. Meanwhile, Streamr provides a seamless interface for real-time data delivery and payment, empowering users to trade data streams using the DATAcoin token.

Vitalik Buterin Issues Warning on Super-intelligent AI 

Meanwhile, Ethereum co-founder Vitalik Buterin has warned about the risks associated with super-intelligent artificial intelligence (AI), given recent leadership upheavals at OpenAI. His concerns stem from the resignation of Jan Leike, OpenAI’s former head of alignment, who cited discrepancies in the company’s priorities. 

Leike cited the company’s shift from safety protocols towards focusing on advanced AI development, notably artificial general intelligence (AGI) as the main reason for his departure. AGI envisaged to match or exceed human cognitive abilities, has sparked apprehension among experts regarding the lack of preparedness to manage such systems safely.

Therefore, Buterin’s remarks underscored the need for caution and decentralization in AI advancement. He advocated for open models running on consumer hardware. Buterin views such models as a safeguard against a future where a few conglomerates control access to and mediate human thought.

Calls for Decentralized AI Grows 

The Ethereum expert’s statements align with growing sentiment within the tech community, reflecting a broader push for democratized and decentralized AI development. Groups like 6079 advocate for such measures to prevent big corporations from dominating AI, mirroring concerns raised by the UK government regarding Big Tech’s increasing influence in the AI sector.

Last week’s departure of Ilya Sutskever, OpenAI’s co-founder and chief scientist, further adds to the uncertainty surrounding the organization’s trajectory. Buterin’s cautionary stance follows his assertion that OpenAI’s GPT-4 model had passed the Turing test, indicating a level of human-like conversational ability. 

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George Ward

By George Ward

George Ward is a crypto journalist and market analyst at Herald Sheets, known for his engaging articles on the latest digital currency trends. With a background in finance and journalism, he presents complex topics accessibly. George holds a degree in Business and Finance from the University of Cambridge.

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