Agoras Leads the Way in AI-Based User-Controlled Cryptocurrency

2 years ago

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Artificial quality (AI) seems to beryllium everyplace these days. With the emergence of ChatGPT and different trending AI applications, galore cryptocurrencies person been rushing to follow it arsenic well. However, not each AI is created equal. Logical-AI, an attack adopted by Tau, has been an integral portion of Agoras token for a agelong time, and it is what sets it isolated from different cryptocurrencies.

Agoras ($AGRS) is the archetypal cryptocurrency wholly tally by its users successful a dependable manner. It is the cryptocurrency of Tau Net, a user-controlled blockchain network. This unprecedented idiosyncratic power implicit the web and its tokenomics is made imaginable by Tau technology, which is based connected the usage of Logical AI – a operation of a unsocial bundle specification connection and connection paradigm. The usage of Logical AI allows Tau to observe and cipher agreed constraints and item points of agreement, disagreement, and implications crossed conversations successful ceremonial languages. The resulting specification is executable by Tau’s backend, creating correct-by-construction software, and giving users nonstop power implicit the network.

Are different blockchains truly decentralized?

While galore blockchain projects assertion to person decentralized development, their methods cannot beryllium considered dependable due to the fact that they inquire their users to ballot connected codification patches manually oregon usage machine-learning techniques for wide voting, which are statistical successful nature. Further, codification is implemented by a centralized improvement squad who has to beryllium trusted, and adjacent if trusted, cannot constitute codification with a impervious of close outcome.

On Tau Net, users volition govern the improvement of the strategy by saying what they privation the web to beryllium similar successful the signifier of statements that fulfill rules and changes to beryllium implemented. The strategy volition past cipher the statement among the users and instrumentality the adjacent mentation of Tau Net into the adjacent artifact successful the blockchain.

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How Agoras works

The economical facet of Tau Net volition beryllium afloat powered by Agoras. Tau Net users volition beryllium capable to collaboratively and continuously power each constituent of the Agoras tokenomics, which volition marque Agoras the archetypal cryptocurrency afloat and soundly tally by its users.

For example, 1 idiosyncratic mightiness similar deflationary strategy that rewards progressive participants successful the network. Another idiosyncratic mightiness actively enactment successful the web and similar to beryllium rewarded for it. The adjacent idiosyncratic mightiness privation for Agoras to beryllium deflationary. Tau Net volition cipher the corporate statement connected the desired behaviour of Agoras and reason that it volition go deflationary by burning 50% of each transaction fees and reward progressive web participants by redistributing 50% of each transaction fees crossed each progressive wallets that clasp the token. Tau Net volition past automatically set the tokenomics to accurately lucifer the specification.

The inferior of Agoras

By leveraging Tau’s AI-based collaborative improvement technology, Agoras tokenomics, and inferior volition germinate to bespeak its users’ corporate wants and volition correspond the full purchasing capableness of each progressively disposable assets successful the system. Initially, Agoras volition beryllium utilized to commercialized knowledge, machine resources, and derivatives.

User cognition shared done discussions connected Tau Net volition beryllium integrated into an highly almighty Knowledgebase wherever users volition person the enactment to marque each portion of their cognition accessible to the web successful bid to speech it for Agoras ($AGRS) and different assets. Tau Net volition observe erstwhile a portion of a user’s cognition is simply a solution to idiosyncratic else’s occupation and advertise it to them. This volition springiness users an unprecedented accidental to gain from their cognition effortlessly, directly, and continuously.

Users volition besides person the enactment to marque idle machine resources successful smartphones, laptops, and tablets, specified arsenic a CPU, hard drive, and GPU disposable to commercialized and rent for Agoras and different assets successful Tau Net’s economy. While selling a fraction of your CPU successful accepted markets tin beryllium precise difficult, successful the Agoras economy, adjacent fractions of machine resources tin beryllium monetized. Combining millions of users’ computers volition make tremendous computational resources, that could easy surpass each the servers of the biggest tech companies.

Tau Net volition besides connection a derivatives market, successful which, Agoras volition beryllium utilized to commercialized fiscal instruments specified arsenic futures and options. Agoras volition besides person the quality to supply risk-free involvement without ostentation successful the token supply.

Benefits of AI cryptocurrency

While galore cryptocurrencies are adopting AIs that are based connected instrumentality learning, Agoras is unsocial successful its usage of logic-based AI. This approach, which is the ground of Tau technology, allows Agoras users to person power implicit the web and its tokenomics, not lone making it genuinely decentralized but besides enabling it to germinate successful a dependable way. The usage of Logical AI sets Agoras isolated from different cryptocurrencies and paves the mode for the adjacent epoch of user-controlled cryptocurrencies.

Join Tau Net and Agoras community and larn much astatine tau.net.


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