Dan
@dancanto07
Shitposter๐, football โฝ,#mufc
ID: 1792607960285237249
20-05-2024 17:27:58
145 Tweet
9 Followers
30 Following
We have a strange problem in crypto right now: we can build smart contracts that handle millions of dollars autonomously, but we still have to just ๐ญ๐ซ๐ฎ๐ฌ๐ญ an AI when it gives us an answer. Why? Because proving that a complex AI model ran correctly is incredibly hard. Today,
We keep talking about putting AI โon-chain.โ But what does that really mean? Right now, it usually means a smart contract has to stop what it's doing, call out to an API in the outside world, and hope the AI sends back a trustworthy answer. The AI is a separate, distant service.
Here's a scary thought for anyone using DeFi: What happens if the live price feed your multi million dollar protocol depends on... just stops updating? Right now, most blockchains rely on external bots, called โkeepersโ or โoraclesโ to bring in crucial data like token prices. If
Let's talk about something boring that secretly matters a lot: ๐ก๐จ๐ฐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง๐ฌ ๐๐๐๐ข๐๐ ๐ฐ๐ก๐๐ญ ๐ฒ๐จ๐ฎ ๐ฉ๐๐ฒ ๐ข๐ง ๐๐๐๐ฌ. Right now, most chains use a simple system. Network busy? Fees go up. Network quiet? Fees go down. Simple, right? Except there's a
๐๐จ๐ฐ ๐ญ๐จ ๐๐ญ๐๐ซ๐ญ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐จ๐ง ๐๐ข๐ญ๐ฎ๐๐ฅ ๐๐๐ฌ๐ญ๐ง๐๐ญ (๐ ๐๐๐ ๐ข๐ง๐ง๐๐ซโ๐ฌ ๐๐ฎ๐ข๐๐) I see a lot of people asking how to get started on Ritual. So here's everything you need, step by step. No assumed knowledge. ๐๐๐ซ๐ญ ๐: ๐๐ก๐๐ญ ๐๐๐ญ๐ฎ๐๐ฅ๐ฅ๐ฒ ๐๐ฌ