{"id":440215,"date":"2020-10-01T12:03:55","date_gmt":"2020-10-01T12:03:55","guid":{"rendered":"https:\/\/wncen.com\/?p=440215"},"modified":"2020-10-01T12:03:55","modified_gmt":"2020-10-01T12:03:55","slug":"hoskinson-partnership-with-singularitynet-is-a-chance-for-cardano-to-become-the-best","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/cardano\/hoskinson-partnership-with-singularitynet-is-a-chance-for-cardano-to-become-the-best\/","title":{"rendered":"Hoskinson: Partnership With SingularityNET is a Chance For Cardano to Become The Best"},"content":{"rendered":"<p>AI firm <a href=\"https:\/\/singularitynet.io\/\" rel=\"nofollow\">SingularityNET<\/a> today announced a partnership deal with Cardano. Previously, SingularityNET operated exclusively on the Ethereum blockchain. As such, many have taken the news as a significant blow for Ethereum stakeholders.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We&#39;re extremely excited to announce our collaboration with <a href=\"https:\/\/twitter.com\/hashtag\/IOHK?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#IOHK<\/a> <a href=\"https:\/\/twitter.com\/InputOutputHK?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@InputOutputHK<\/a>, a company led by <a href=\"https:\/\/twitter.com\/Cardano?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@Cardano<\/a> founder Charles Hoskinson <a href=\"https:\/\/twitter.com\/IOHK_Charles?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@IOHK_Charles<\/a>. Review some of the motivations, synergies and possibilities underlying this collaboration here: <a href=\"https:\/\/t.co\/v1Kf449JCn\" rel=\"nofollow\">https:\/\/t.co\/v1Kf449JCn<\/a> <a href=\"https:\/\/t.co\/ME1H3z1hJs\" rel=\"nofollow\">pic.twitter.com\/ME1H3z1hJs<\/a><\/p>\n<p>&mdash; SingularityNET (@SingularityNET) <a href=\"https:\/\/twitter.com\/SingularityNET\/status\/81535745?ref_src=twsrc%5Etfw\" rel=\"nofollow\">September 30, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, SingularityNET CEO Dr. Ben Goertzel said it was always in the plan to make SingularityNET multi-chain. While Ethereum does have scaling and cost issues, Goertzel made it clear that, at this stage, he is still working with both blockchains.<\/p>\n<blockquote><p>&#8220;What I want to do is make SingularityNET platform infrastructure multi-chain. We had that in our minds from the very beginning. Right now it&#8217;s all on Ethereum&#8230; but it doesn&#8217;t all have to be on one blockchain&#8230; some of the AGI tokens will remain on Ethereum, and some migrates to Cardano.&#8221;<\/p><\/blockquote>\n<p>Nonetheless, Goertzel still laid out his expectations for performance and technological development. Meaning, underperformance from either chain would see a migration away from that chain.<\/p>\n<blockquote><p>&#8220;how much remains on Ethereum and how much goes to Cardano, that&#8217;s for the community and the market to decide, right? If the Cardano portion works much much better then everything should migrate there. If it turns out the Ethereum portion is more useful for some purposes, then so be it.&#8221;<\/p><\/blockquote>\n<div class=\"jeg_video_container jeg_video_content\"><\/iframe><\/div>\n<h2>Goertzel&#8217;s Vision is to Democratize AI<\/h2>\n<p>In the first instance, moving a portion of SingularityNET tokens to Cardano would benefit the firm by way of greater efficiency and cost-savings.<\/p>\n<p>But it&#8217;s really the fulfillment of the company&#8217;s long term goals that Goertzel is most concerned with.<\/p>\n<p>On that, Goertzel spoke of the synergy between both companies, in that they both strive to operate via <a href=\"https:\/\/wncen.com\/2020\/05\/29\/cardano-shakes-the-ghost-of-disappointment-with-confirmed-shelley-release-date\/\">formal verification and the scientific method<\/a>. Going deeper, Goertzel gave a glimpse of his vision by describing an automated reasoning system running on Cardano.<\/p>\n<blockquote><p>&#8220;I would love to see automated theorum provers running in SingularityNET, and leveraging the SingularityNET decentralized AI network. I&#8217;d love to see these decentralized AI-based automated theorum provers put to work, verifying smart contracts running on Cardano and verifying Cardano infrastructure code.&#8221;<\/p><\/blockquote>\n<p>However, the ultimate goal is to develop artificial general intelligence (AGI), capable of understanding and learning, that runs on a decentralized global network.<\/p>\n<p>This is in stark contrast to big tech&#8217;s vision, which is centralized and infers a societal control element via the involvement of alphabet agencies.<\/p>\n<p>Instead, Goertzel believes AI should be peer-to-peer. He sees individual developers and small groups creating cooperative AI agents to serve users.<\/p>\n<h2>Technical Demands of SingularityNET Will Drive Cardano Development<\/h2>\n<p>In response, Hoskinson said it&#8217;s the needs of the partnering firms that will help to shape the Cardano ecosystem.<\/p>\n<blockquote><p>&#8220;We look to our partners and say, well what do you guys need? Where do you want to go? What type of marketplaces do you want to be involved in? And how can we help build this technology together, and make that consumable infrastructure grow with you?&#8221;<\/p><\/blockquote>\n<p>All the same, Hoskinson is cognizant of the difficulties, both business and technical, in bringing Goertzel&#8217;s vision to life.<\/p>\n<p>The challenge is difficult. But Hoskinson states that it&#8217;s exactly these types of demands that will drive Cardano to be better than the rest.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1792\" height=\"871\" class=\"aligncenter wp-image-440222 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/10\/ShZXnYeQ.png?resize=1792%2C871\" alt=\"Cardano daily chart\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/10\/ShZXnYeQ.png?w=1792 1792w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/10\/ShZXnYeQ.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/10\/ShZXnYeQ.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/10\/ShZXnYeQ.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/10\/ShZXnYeQ.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/10\/ShZXnYeQ.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/10\/ShZXnYeQ.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre>Cardano daily chart YTD with volume. (Source: <a href=\"https:\/\/uk.tradingview.com\/symbols\/ADAUSDT\/?exchange=BINANCE\" rel=\"nofollow\">tradingview.com<\/a>)<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>AI firm SingularityNET today announced a partnership deal with Cardano. Previously, SingularityNET operated exclusively on the Ethereum blockchain. As such, many have taken the news as a significant blow for Ethereum stakeholders. We&#39;re extremely excited to announce our collaboration with #IOHK @InputOutputHK, a company led by @Cardano founder Charles Hoskinson @IOHK_Charles. Review some of the motivations, synergies and possibilities underlying this collaboration here: https:\/\/t.co\/v1Kf449JCn pic.twitter.com\/ME1H3z1hJs &mdash; SingularityNET (@SingularityNET) September 30, 2020 However, SingularityNET CEO Dr. Ben Goertzel said it was always in the plan to make SingularityNET multi-chain. While Ethereum does have scaling and cost issues, Goertzel made it clear that, at this stage, he is still working with both blockchains. &#8220;What I want to do is make SingularityNET platform infrastructure multi-chain. We had that in our minds from the very beginning. Right now it&#8217;s all on Ethereum&#8230; but it doesn&#8217;t all have to be on one blockchain&#8230; some of the AGI tokens will remain on Ethereum, and some migrates to Cardano.&#8221; Nonetheless, Goertzel still laid out his expectations for performance and technological development. Meaning, underperformance from either chain would see a migration away from that chain. &#8220;how much remains on Ethereum and how much goes to Cardano, that&#8217;s for the community and the market to decide, right? If the Cardano portion works much much better then everything should migrate there. If it turns out the Ethereum portion is more useful for some purposes, then so be it.&#8221; Goertzel&#8217;s Vision is to Democratize AI In the first instance, moving a portion of SingularityNET tokens to Cardano would benefit the firm by way of greater efficiency and cost-savings. But it&#8217;s really the fulfillment of the company&#8217;s long term goals that Goertzel is most concerned with. On that, Goertzel spoke of the synergy between both companies, in that they both strive to operate via formal verification and the scientific method. Going deeper, Goertzel gave a glimpse of his vision by describing an automated reasoning system running on Cardano. &#8220;I would love to see automated theorum provers running in SingularityNET, and leveraging the SingularityNET decentralized AI network. I&#8217;d love to see these decentralized AI-based automated theorum provers put to work, verifying smart contracts running on Cardano and verifying Cardano infrastructure code.&#8221; However, the ultimate goal is to develop artificial general intelligence (AGI), capable of understanding and learning, that runs on a decentralized global network. This is in stark contrast to big tech&#8217;s vision, which is centralized and infers a societal control element via the involvement of alphabet agencies. Instead, Goertzel believes AI should be peer-to-peer. He sees individual developers and small groups creating cooperative AI agents to serve users. Technical Demands of SingularityNET Will Drive Cardano Development In response, Hoskinson said it&#8217;s the needs of the partnering firms that will help to shape the Cardano ecosystem. &#8220;We look to our partners and say, well what do you guys need? Where do you want to go? What type of marketplaces do you want to be involved in? And how can we help build this technology together, and make that consumable infrastructure grow with you?&#8221; All the same, Hoskinson is cognizant of the difficulties, both business and technical, in bringing Goertzel&#8217;s vision to life. The challenge is difficult. But Hoskinson states that it&#8217;s exactly these types of demands that will drive Cardano to be better than the rest. Cardano daily chart YTD with volume. (Source: tradingview.com)<\/p>\n","protected":false},"author":515,"featured_media":440216,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[79508,12332,1286,35181,83356],"class_list":["post-440215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-adausdt","tag-cardano","tag-charles-hoskinson","tag-ethereum-2-0","tag-singularitynet"],"acf":[],"yoast_head":"\n<title>Hoskinson: Partnership With SingularityNET is a Chance For Cardano to Become The Best<\/title>\n<meta name=\"description\" content=\"AI firm SingularityNET today announced a partnership deal with Cardano. Previously, SingularityNET operated exclusively on the Ethereum blockchain. 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