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Cardano CEO Charles Hoskinson Praises Algorand Blockchain Technology, Proposes Partnership for Decentralized AI (AI) Projects

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Release: 2024-08-24 21:26:11
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In the latest development, Cardano CEO Charles Hoskinson shared his views on the power of the Algorand blockchain technology and the possibilities of partnering with them on decentralized artificial intelligence (AI) projects.

Cardano CEO Charles Hoskinson Praises Algorand Blockchain Technology, Proposes Partnership for Decentralized AI (AI) Projects

Cardano founder Charles Hoskinson has expressed his admiration for Algorand's blockchain technology, suggesting that it could be the leading decentralized AI powerhouse in the crypto industry if combined with a specialized proof of work optimized for AI inference.

In a recent tweet, Hoskinson praised Algorand's capabilities, stating that such a development would be exciting. He also proposed Algorand to become a partner chain with Cardano to push the capabilities of Minotaur to their fullest potential.

"Under the hood, Algorand's tech combined with a useful proof of work tuned to AI inference would make it the greatest decentralized AI powerhouse our industry has seen. It would be cool to see it become a partnerchain and push Minotaur to its limits," Hoskinsontweeted.

Algorand Technologies Chief Technical Officer Gary Malouf responded to Hoskinson's suggestion, expressing interest in discussing the possibilities further.

"Hi Charles, we’d love to hear more about what you are thinking. Definitely not the first time we've discussed an overlap with AI capabilities," Maloufreplied.

Both Cardano and Algorand are blockchain platforms that have been actively exploring the integration of AI technologies. Such a partnership could indeed unlock new opportunities for both players in the rapidly evolving AI industry.

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