Artificial intelligence has been one of the hottest topics in the cryptocurrency industry (and beyond) for over a year now, and many teams are looking for ways to leverage their technology stack and leverage AI .
Charles Hoskinson, the founder of Cardano, recently took to X to share his thoughts on which network might be best for AI-based applications.
Under the hood, Algorand’s technology combined with a useful proof-of-work aimed at the AI interface would make it the biggest decentralized powerhouse our industry has seen. It would be great to see it become a chain of partners and push Minotaur to its limits. Hoskinson tweeted.
For those wondering, Minotaur is a consensus algorithm that the Cardano team introduced in November 2022. It is a resource-based consensus that is designed to combine proof of work (PoW) and proof of of stake (PoS) while demonstrating that it is optimally fungible.
At the core of Minotaur’s design, it works in epochs while also showing the computational power that is currently active to provide a fair exchange between the two sources, bet and work.
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