SCRYPT’s Post

Many people are only beginning to understand the intrinsic connection between crypto and AI. For AI systems to achieve robustness, they must have the capability to interact and cooperate across different platforms. This interaction often requires an economic incentive, which is where cryptocurrency comes into play. Crypto provides a decentralized, economically-driven backbone that enables different AI systems to transact and share resources efficiently—imagine it as the financial glue that holds disparate AI systems together in a globally distributed network. The integration of crypto and AI will enhance data security, improve smart contracts through automated decision-making, and facilitate transparent, autonomous operations across various sectors. Plus a lot more, far more than my imagination can conjure. Crypto folks who ignore AI and AI folks who disregard crypto will fall behind as these two topics continue to merge.

AI and crypto combined could add a total of $20 trillion to the global economy by 2030, the report said. A new report by Bitwise suggests that AI and crypto could be a combined $20 trillion megatrend, adding a massive boost to the global economy by 2030. The report highlights the potential for collaboration between the two industries, with Bitcoin miners' resources like powerful chips being perfect for AI needs. Beyond mining, there's potential for AI and crypto to intersect in areas like information validation and virtual assistants. This is a fascinating space to watch and could lead to incredible innovation in the coming years. #AI #crypto #blockchain #futureoftech #finance #cryptocurrency #digitalassets

Preach brother. For me it’s a simple question: what medium of exchange with autonomous AI agents prefer to transact in as they inevitably engage in commerce with each other? Cryptocurrency where the AI agents can control private keys and engage in permissionless commerce with each other? Or interfacing with the traditional banking system and navigating its human-centric AML/KYC juggernaut? No question the former.

I would propose a more fundamentally critical component of AI to AI outcomes… provenance… we need to know the source of data and it needs to be infinitely and provably, preferably mathematically, immutable… AI systems could pay on private centralized ledgers… that’s actually quite easy and quite common.. sure crypto makes it easier.. But knowing where data comes from - and proving where decisions are made will be critical in a future with AI… private ledgers can be manipulated, colluded and coerced. Public distributed ledgers still can… but you will know.

🚀. VanEck's prediction that Ethereum layer 2 networks could be valued at over $1 trillion by 2030 reflects optimism about the potential growth and adoption of layer 2 scaling solutions within the Ethereum ecosystem. 🚀. VanEck Europe's evaluation of 46 layer 2 networks across five key areas and their prediction of "thousands" of rollups eventually emerging highlight the rapid expansion and diversification of the layer 2 ecosystem within the blockchain industry 🚀. The prediction of a $1 trillion valuation for Ethereum layer 2 networks by 2030 reflects confidence in the scalability improvements and efficiency gains that L2 solutions 🚀. VanEck Australia's prediction underscores the significant growth potential of Ethereum layer 2 networks, but caution is warranted regarding the long-term viability of specific projects. As the L2 ecosystem continues to evolve, stakeholders must closely monitor developments and adopt strategies to mitigate risks while capitalizing on opportunities in this dynamic and rapidly evolving sector of the blockchain industry. #cryptocurrency #cryptonews #BlockchainInnovation #BlockchainTechnology #BlockchainCommunity #BlockchainDevelopers #Decentralization #SmartContracts #DApps #BlockchainInnovation #BlockchainTechnology #BlockchainCommunity #BlockchainDevelopers #Decentralization #SmartContracts #DApps #Layer2 #scalability #optimisticrollup #arbritrum #optimism #DigitalAssets #CryptoCommunity #TechInnovation #FutureTech #digitaltransformation #BlockchainRevolution #InnovativeTech #BlockchainInsights #scalability #SecurityInBlockchain #CryptoEnthusiasts #TechUpdates #blockchain #techcommunity #sustainability #blockchaindevelopment #investment #fintech https://lnkd.in/dfN2PvWi

As I'm still learning, I've just started exploring AI for luxury homes, and my next step is to dive into the world of cryptocurrency. https://lnkd.in/e8uUwyp4 #ai #aicreativity #aiconcept #aai #aiadvancements #aicccreators #aichallenges #ai4good #crypto #bitcoin #cryptocurrency #cryptocurrencymarket #100daysofai #100dayschallenge

⚡️ Unveiling Arbiscan: Your Key to the Arbitrum Network Need a window into the Arbitrum blockchain? Look no further than Arbiscan! This powerful tool acts as a blockchain explorer, letting you: * Monitor transactions: Track activity on the Arbitrum network in real-time. * Research addresses: Deep dive into wallet information and transaction history. * Gain valuable insights: Analyze data to make informed decisions about your crypto activities. Whether you're a coder, trader, or analyst, Arbiscan is your one-stop shop for navigating the Arbitrum ecosystem. Ready to learn more? Share your thoughts on Arbiscan in the comments below! #Arbiscan #Arbitrum #blockchain #cryptocurrency #DeFi https://lnkd.in/gUFMksvS

[Meet an FTD professor: Xavier Lavayssière ] 📚 In the second installment of our "Meet an FTD Professor" series, #M2FTD introduces Mr. Xavier Lavayssière! Xavier's expertise focuses on digital finance, with a particular emphasis on tokenized financial instruments, DeFi, stablecoins, and central bank digital currencies. Xavier is also the Co-founder of The Block and Les Bricodeurs, and the CEO of ECAN. He teaches a course on the Economics and Technology of Blockchains which is designed to: 🔹 equip students with the fundamentals about distributed ledgers, i.e. blockchain systems ; 🔹 train students to program smart contracts, use cryptographic algorithms, and much more. Fun fact 💡: Xavier has designed a decentralized video game called “Haciendas” for interacting with digital assets. Link to the game in the first comment below 👇. #blockchain #cryptocurrency #analysis Cc: Olena, Daniel Clarisse, Francisco, William, Meriem, Natalia, Letícia, Stéphane, Théo, Miguel, Ruonan, Ondine, Hyunyoung, Hugo, Ludovic, Rei, Maxime, Majd, Maysaa, Thomas, Lucas, Iulian, Gwendoline, Lucrezia, Charaf, Olha, Yelyzaveta

Blockchain technology, once symbolic of decentralization, is now aiding law enforcement. The public and immutable nature of cryptocurrencies makes them easier to track than cash. All it takes is to know where to look. Interestingly, over 40% of offenses investigated by law enforcement agencies involved cryptocurrency. This number is predicted to rise to 51% by 2027. While these statistics may reflect the darker side of crypto, they also point to a significant shift. Blockchain technology is becoming a key nexus in finance, not just for everyday use, but also for criminal activity. Law enforcement agencies are catching up, with over half of U.S. agencies using blockchain analytics tools. As we peer into 2024, blockchain analytics stands out as one of the few clear applications for crypto. The investment hasn't fully materialized yet. But given the growing nexus between law enforcement and crypto firms, it's only a matter of time before crypto crime fighting becomes a lucrative business.

In Web3.0 today: Today's web 3 news is buzzing with a variety of exciting developments. ➡ Solana has hit an all-time high in daily new SPL tokens, and its memecoin $WIF has surpassed Ethereum rollup $MNT in market cap. Bitcoin has also reached a significant milestone by surpassing one billion transactions processed. ➡ The SEC plans to file a lawsuit against Robinhood, and Jupiter has enabled external asset trading. ➡ Rimowa is making waves by introducing NFC chips with the Aura Blockchain Consortium, while Puma has launched an AI-infused campaign. KidSuper has also entered the scene with an NFT installation in NYC. ➡ In a more concerning event, the alleged ZKasino scam suspect has been arrested in the Netherlands. ➡ On the brighter side, a dormant Bitcoin address has become active after 10 years, and Grayscale Bitcoin Trust ETF has experienced $63M inflows, breaking an 11-week outflow streak. These stories and more are shaping the landscape of Web 3 today, offering a glimpse into the dynamic and evolving world of blockchain and cryptocurrency.