Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration

2 years ago
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration

On July 6, Lightning Labs released caller developer tools to heighten the intersection of artificial quality (AI) and Bitcoin. The furniture 2 (L2) startup introduced a caller specification known arsenic L402 and tools that alteration AI systems to behaviour transactions implicit the Lightning Network.

The Fusion of AI and Bitcoin

Artificial quality (AI) and Bitcoin, some groundbreaking technologies successful their respective fields, person the imaginable to alteration galore aspects of our world. One fascinating imaginable is their intersection, wherever bitcoin (BTC) tin service arsenic the outgo strategy for AI, introducing caller levels of efficiency, security, and autonomy to AI operations. Arthur Hayes, the erstwhile CEO of Bitmex, made a prediction 4 days agone that the ascendant cryptocurrency volition go the “food” for AI.

Shortly aft the work of Hayes’ article, Lightning Labs announced the merchandise of caller developer tools that integrate with LLMs (Large Language Models) specified arsenic Openai’s Chatgpt. In a tweet, Lightning Labs’ technologist Olaoluwa Osuntokun shared details astir the tools. “In 2023, the bots wage you!” the developer exclaimed.

“Today we’re releasing a caller L402 specification, alongside Langchainai powered tools that alteration AI Agents to traverse L402 APIs (HTTP 402 pay-per telephone APIs implicit Lightning), and besides straight hold+manage bitcoin via Openai relation calls,” Osuntokun added.

The tools fundamentally merge AI technologies, APIs, and blockchain exertion to facilitate transactions implicit the Lightning Network. Osuntokun further showcased the capabilities of the instrumentality by sharing a video demonstration of it collaborating with Openai’s Chatgpt-4 to initiate a transaction. In addition, bundle engineers Osuntokun and Michael Levin authored a blog station explaining the information down the instauration of these caller Lightning tools.

LLMs oregon AI Agents ‘Are Unable to Easily Gain Access to Fiat Systems’

According to the blog post, developers initially incur important costs erstwhile acquiring grooming GPUs (graphics processing units), and they typically retrieve these expenses done the convenient but costly means of recognition cards. Regrettably, this attack places an further fiscal load connected the extremity idiosyncratic owed to the added expenses related to chargebacks and fees associated with fraud. Moreover, the authors astatine Lightning underscore a cardinal flaw successful this concern model.

The lack of access to accepted recognition paper oregon banking systems creates important barriers for billions of individuals worldwide who are incapable to harness the powerfulness of these groundbreaking tools designed to heighten education, productivity, and creativity. “Finally, due to the fact that of these outgo scaling issues, the champion models extremity up down closed root APIs, which importantly harms the accessibility and inclusivity of the latest and top LLM models,” Osuntokun and Levin opine.

Considerable attention has been dedicated to AI systems successful 2023, and the integration of BTC has fixed emergence to caller ideas and solutions. The developers stress that intelligent LLMs oregon AI agents “are incapable to easy summation entree to fiat systems of outgo arsenic they aren’t registered ‘entities’ with immoderate nation.” The authors underscore the information that these agents volition inactive necessitate outgo for resources, whether from restricted APIs oregon paid information sources.

The astir caller tools from Lightning Labs and discussions astir the 2 subjects person led BTC supporters to believe that bitcoin has the imaginable to relation arsenic a worldwide, impartial reserve currency for AI systems. By embracing bitcoin, AI systems tin ostensibly flooded a plethora of limitations, arsenic bitcoin is universally recognized and not bound by immoderate circumstantial authorities oregon jurisdiction. In theory, the decentralized and worldwide scope of a salient integer currency holds the committedness of importantly enhancing the scalability and effectiveness of AI systems erstwhile operating crossed borders.

What are your thoughts connected the intersection of AI and Bitcoin? Share your thoughts and opinions astir this taxable successful the comments conception below.

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