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$ADA: What OpenAI’s Chatbot ChatGPT Thinks About Cardano


www.cryptoglobe.com 02 December 2022 12:54, UTC
Reading time: ~3 m

ChatGPT, which is a new chatbot from AI-focused research institute and technology company OpenAI may not know much about itself, but it can certainly talk intelligently about a very wide of topics, including Cardano ($ADA).

Here is what OpenAI says about ChatGPT, which was made publicly available on 30 November 2022:

We’ve trained a model called ChatGPT which interacts in a conversational way. The dialogue format makes it possible for ChatGPT to answer followup questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests. ChatGPT is a sibling model to InstructGPT, which is trained to follow an instruction in a prompt and provide a detailed response. We are excited to introduce ChatGPT to get users’ feedback and learn about its strengths and weaknesses. During the research preview, usage of ChatGPT is free.

As for Cardano, here are some of ChatGPT’s thoughts on Cardano:

Cardano is a decentralized platform that uses blockchain technology to run smart contracts and enable the development of decentralized applications (dapps). It was founded by Charles Hoskinson, co-founder of Ethereum, and is considered by some to be a next-generation blockchain platform because of its focus on scalability, security, and sustainability. Cardano uses a proof-of-stake consensus mechanism, which means that the network is secured by users who stake their tokens to participate in the validation of transactions. Cardano is an open-source platform, and its native cryptocurrency is called ADA…

ADA is used to facilitate transactions on the Cardano platform, and it can be bought, sold, and traded on cryptocurrency exchanges. The value of ADA, like other cryptocurrencies, is determined by supply and demand on the market…

Charles Hoskinson is a co-founder of Ethereum and the founder of Cardano, a blockchain platform that uses a proof-of-stake consensus mechanism. He is well-known in the cryptocurrency and blockchain communities and is considered to be a knowledgeable and influential figure in the field…

IOG, or Input Output Global, is the company behind the development of Cardano. IOG was founded by Charles Hoskinson, one of the co-founders of Ethereum, and is a team of researchers, engineers, and developers who are working on building Cardano into a leading smart contract platform. IOG’s primary focus is on creating a secure, scalable, and sustainable blockchain network that can support a wide range of decentralized applications. This includes developing the underlying technology for Cardano, such as the Ouroboros proof-of-stake consensus algorithm, as well as building tools and services for users and developers to interact with the network…

Some of the best things about Cardano include its focus on security and scalability, its use of a decentralized governance system, and its commitment to transparency and openness...

It is difficult to predict the future of any technology, including Cardano. However, Cardano has a strong team of experienced researchers and developers behind it, and it has been designed with a focus on security, scalability, and sustainability. Additionally, Cardano’s use of a decentralized governance system and its commitment to transparency and openness make it well-positioned to adapt to the changing needs of the market. As a result, many people in the cryptocurrency community are optimistic about the future of Cardano and the potential it has to revolutionize the way that decentralized applications are built and used.

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Featured Image via Pixabay

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