The founder of MAI, Lance( Zhang Yi), believes that those who claim to be a million TPS are scammers
The Nobel economist Eric Maskin said in an recently interview that new technologies are important for economic development. About blockchain and artificial intelligence, Maskin believes that the latter has had a very large impact on our economy after a long period, and the influence of the blockchain on the economy is also increasing.
Gradually, artificial intelligence has penetrated into every aspect of our lives, and the wave of change in the blockchain has already come. Artificial intelligence and blockchain are two very important technologies in the future.
The founder of MAI, Lance( Zhang Yi), graduated from the University of New Hampshire in USA. He has 6 years of experience in artificial intelligence development, and is an expert in artificial neural network development. In the past three years, he has been working on how artificial intelligence can be effectively integrated with blockchains, using Internet thinking to solve the shortcomings of existing public chains that cannot carry landing applications. At present, two research papers on Relationship between TPS and Blockchain and Related Solutions and Artificial Intelligence-centric Decentralized Ecological Network have been published in “ China New Telecommunications “ and “Industry C”. At the same time, he taught the blockchain knowledge in the litchi micro-classroom (a popular knowledge sharing platform in China) all the year round, which is the most promising newcomer in the blockchain field.
Lance majoring in artificial intelligence. After returning to China, he decided to focus on artificial intelligence and make artificial intelligence into his own business. He has persisted from 2015 to now.
In 2017, Lance came into contact with the blockchain. He said, “I believe that the blockchain can solve some of the bottlenecks encountered by artificial intelligence, not the algorithmic bottleneck, but the transmission bottleneck. After the deep understanding of the blockchain, he found that the blockchain can solve some practical problems of artificial intelligence. Artificial intelligence can also solve some blockchain problems. So I started to combine them and started the MAI.”
Lance believes that there is no real blockchain application project yet. The infrastructure construction of the blockchain has not yet been completed. MAI combines artificial intelligence to create an intelligent ecological network, so that all DAPPs are active and used in the ecology.
Through artificial intelligence, the first problem of blockchain that MAI solved is TPS. The second issue is the review and pre-processing of smart contracts. By collecting massive amounts of DAPP and open source code, training this data with artificial intelligence and making artificial intelligence smarter, and then coming up with a solution from the database.
Those who claim to be a million TPS are scammers
How to define a public chain project is a good project? If you see a project claim its TPS can reach millions, just skip it. What you need to know is the technology it has and the problem it can solve. If the project can clearly explain these things, it is a relatively good project.
So how to solve the problem of TPS, we need some comprehensive methods. Such as sidechain can solve part of the problem, the dynamic balance of blockchain can solve part of the problem, and the sharding technology can solve part of the problem. But I think that the real solution of TPS is not the fewer nodes, but some technical means. What makes MAI unique is that we don’t have a lot of innovative technology, we just superimpose the better technologies we can find on the market, so that the whole chain can be made smoother, and the TPS can improve even 10%, 20%, 30%. And I think this is the solution. ”
Another core feature of MAI is that AI system is embedded in the client that issues the smart contract. In Ethereum’s smart contract network, testing the network is very difficult. If your code has problems, it can only tell you where the code doesn’t work, but in fact, the developers still do not know where the context is wrong. However, with the preset AI, it can tell you which is wrong and give you the right solution. Lance believes that in the current Internet, everyone can easily do something. A lot of code can be generated by themselves. The future blockchain should also be like our current Internet. This is the aims we have to fight for.
The underlying language of MAI is built using the Go Programming Language (Golang), because the features of the Golang conform to the blockchain. Using artificial intelligence and blockchain is actually doing a pre-processing. When the smart contract is released through the client, the AI will filter you in advance, decide which chain and which sidechain is more suitable for your APP.
In the white paper, MAI introduces some application scenarios. MAI meets users’ need of real high-frequency applications through anti-counterfeiting, precision advertising, flight accident contracts, mobile phone recharge contracts, small merchant payment contracts, mutual help DAPP, TOKEN mortgage financing contracts, etc. to gain a large number of people, establish a user base for developers, and form a prototype of personal data asset trading.
Why we choose these application scenarios? Some of the DAPP application scenarios we focus now mainly include these two aspects:
The first one is rigid demand. The application scenario with rigid demand can make more users and more developers experience that the user volume here is relatively large.
The second one is that the concurrent synergy requirements are higher. Make other developers and users really experience that some of the high-concurrency things are running farther on this chain than other chains. Let more developers come to develop our DAPP. Only with more developers, our ecological talents can be built more perfect.
PoS+PAI consensus mechanism can create a trillion-dollar public chain cluster
Lance believes that everyone knows that there are many benefits of PoW, but it also has disadvantages that it consumes too much resources. While DPoS sacrificed fairness to improve efficiency. Lance said that is not the most reasonable solution. The optimal solution is to make a pre-judgment by implanting AI.
Lance is not very worried about the bear market in the future. The current team of MAI has more than 40 people, and will focus on breaking through the difficulties and bottlenecks of the technology. MAI’s goal is to build a global trillion-dollar market capitalization chain cluster. When all the DAPPs on the MAI add up to a trillion-dollar market value, MAI is a real trillion-dollar public-chain cluster. Lance is expected to complete this goal in five years.
The MAI token will launch in December. The launching time of the public chain is expected to be in April to June next year(2019). Recently, there will be a test network open to a few people. It is expected that the DAPPs will be able to develop when the main network launches next year.
Bitcoin has been around for 10 years, and the world of blockchain has been everywhere. The public chain is very competitive as the bottom operating system of the blockchain world. This is a long-lasting battle that takes time, money, human resource and wisdom.
MAI chose to start in a bear market, not afraid of the difficulties and obstacles of the future, I believe it is ready.
The blockchain has come to its historical turning point, and the next step will be a big leap forward. Let's look forward to a good answer of MAI.
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