This New GPT Is Kind Of A Game-Changer For Reading White Papers.
This New GPT Is Kind Of A Game-Changer For Reading White Papers.
I helped write a GPT to help convert complicated text to a lower reading level for dyslexic or reading impaired individuals.
However, when testing it, I realized it has a kind of amazing ability to summarize cryptocurrency whitepapers.
If you’re like me, you read a lot of those suckers, and they can be needlessly wordy sometimes. It’s called ‘Simply Read — Lexia — GPT’ and it did an okay job of dumbing down the Bitcoin whitepaper. Now, of course, some details are lost, but seriously, it’s quite amazing.
Here are the test results:
Original BTC White Paper Abstract:
Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they’ll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Simply Read — Lexia — GPT (Simplified Text):
Great! Let’s simplify this abstract for better understanding:
1. Original Text: A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
Simplified: This is about a system where people can send money online directly to each other, without involving banks.
2. Original Text: Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending.
Simplified: Using digital signatures helps, but if we still need someone like a bank to stop people from spending the same money twice, it’s not ideal.
3. Original Text: We propose a solution to the double-spending problem using a peer-to-peer network.
Simplified: We have a way to fix the issue of double-spending using a network where everyone deals directly with each other.
4. Original Text: The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work.
Simplified: The network marks the time of transactions and links them in a chain. Changing this record would require repeating a complex process.
5. Original Text: The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power.
Simplified: The longest chain of transactions is evidence of what happened and shows it was verified by the most computer power.
6. Original Text: As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they’ll generate the longest chain and outpace attackers.
Simplified: If most of the computer power in the network isn’t trying to harm it, they will create the longest chain faster than any attackers.
7. Original Text: The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Simplified: The network is simple. Messages are sent out as best as possible. Computers (nodes) can leave and come back, and they accept the longest chain of transactions as the truth of what happened when they were not connected.
Here’s the clean, simplified version for you:
“This is about a system where people can send money online directly to each other, without involving banks. Using digital signatures helps, but if we still need someone like a bank to stop people from spending the same money twice, it’s not ideal. We have a way to fix the issue of double-spending using a network where everyone deals directly with each other. The network marks the time of transactions and links them in a chain. Changing this record would require repeating a complex process. The longest chain of transactions is evidence of what happened and shows it was verified by the most computer power. If most of the computer power in the network isn’t trying to harm it, they will create the longest chain faster than any attackers. The network is simple. Messages are sent out as best as possible. Computers (nodes) can leave and come back, and they accept the longest chain of transactions as the truth of what happened when they were not connected.”
Check it out:
To find out more check out: https://www.ibelieveinyou.store/apps/simply-read-lexia-gpt