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                                                               MATRIX AI NETWORK - A SAFER, FASTER and More FLEXIBLE INTELLIGENT BLOCKCHAIN

          







https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Ftokeny.pl%2Fwp-content%2Fuploads%2F2018%2F10%2FMatrix-Network.png&f=1&nofb=1
 

                                                                          
                                                                                            M A T R I X  A I  N E T W O R K    T E A M



MATRIX’s Chief AI Scientist Steve Deng.



https://miro.medium.com/max/1000/1*5WPfSrM1miEjek_8jo0T1w.jpeg

Prof. Steve Deng is an associative professor of School of Software, Tsinghua Univesity, where he has been a faculty member since 2008. It’s worth to note that Tsinghua University is a major research university in Beijing, China. The university has graduated numerous Chinese leaders in politics, business, academia and culture. Tsinghua University is ranked as one of the top academic institutions in China, Asia, and worldwide. Also it has been ranked as the best engineering and computer science school in the world. Steve Deng completed his ME and BE studies at Tsinghua University.
Steve Deng’s research interests include machine learning, industry data analytics, and computer architecture. Prof. Deng, since 2016, has been the Vice Principle Architect of China Railway Rollingstock Corporation’s Prognostics Health Management for High-Speed Train Project, which focuses on leveraging modern machine learning techniques to revolutionise the operation and maintenance of railway vehicles. Also, he is the author or co-author of over 50 research papers and his book, was adopted as the textbook of IC design by Tsinghua and many other universities. Deng’s work on deep learning based image detection was ranked number one in many prestigious challenges (PASCAL VOC and COCO). He received many awards, including a best paper award on International Conference on Computer Design 2013, NVIDIA partnership professor Award, and Tsinghua Key Talent Award.

https://www.nvidia.com.tw/content/apacevents/tesla/gtc2011/downloads/Opening%20Session%201335-1405%20Yangdong%20Deng.pdf

https://techbullion.com/building-the-next-ecosystem-for-ai-with-steve-deng-chief-ai-scientist-of-matrix-ai-network/

https://cryptogazette.com/a-conversation-with-dr-steve-deng-chief-ai-scientist-for-matrix-ai-network/

MATRIX AI Team Overview Part 1: Steve Deng (https://medium.com/@pukis3891/matrixs-team-overview-part-one-steve-deng-9e38add3df4a)

https://www.linkedin.com/in/yangdong-deng-9577631a/

https://dl.acm.org/profile/81453611530


 
   MATRIX AI Network Chief Network Architect Bill Li



https://miro.medium.com/max/1156/1*vb43UNQJVAfrw-79M3g_-w.png

Prof. Bill Li is a top-level chip design expert and communications expert in China. As a main member of China’s chief engineering team, he was a major contributor of many 4G, 4,5G and 5G standards of China. It was amazing to find out that he even designed the first China’s WiFi transceiver chip. Bill Li also was one of the leading team members who worked on the communication system of China’s first aircraft carrier — Liaoning Dispatching command system. In addition, he worked on a various commercial chips for mass production and won numerous provincial and ministerial level scientific and technological awards. Bill Li is the author of book called “Communication IC Design” which won the first place in Jingdong’s sales list, as the textbook for the postgraduate chip design course of the first-class universities like Beijing. Currently this textbook is used by many other prestigious universities. Before joining the Matrix project, he was responsible for the design of Hong Kong Shangya exchange network technology architecture, data structure design and digital asset trading platform. He was carrying out data analysis on the operation of existing products to optimize various functions. Bill Li effectively contributed to the exchange with significantly increasing user experience and enhancing user’s affinity and ease of use.

MATRIX AI Team Overview Part 2: Bill Li (https://medium.com/@pukis3891/matrix-ai-team-overview-part-two-bill-li-8b8aca04e5e4)

 
Tim Shi — the Chief Mining and Chip Scientist



https://miro.medium.com/max/740/1*2mRGgmvcnkSWfLhfd2oOnQ.jpeg

Tim Shi is the Chief Mining and Chip Scientist in Matrix AI Network project. He is one of the leading team members who are responsible for designing and developing the MATRIX mining machine, as well as the development of the next generation of artificial intelligence chips. Tim Shi got his Ph.D., degree in Chinese Academy of Sciences. His research area was Chip Design. Along with the Chinese Academy of Engineering, Academy of Sciences is an institution of China, functioning as the national scientific think tank and academic governing body, providing advisory and appraisal services on issues stemming from the national economy, social development, and science and technology progress. It is headquartered in Xicheng District, Beijing, with branch institutes all over mainland China. It has also created hundreds of commercial enterprises, Lenovo being one of the most famous. It is the world’s largest research organisation, comprising around 60,000 researchers working in 114 institutes, and has been consistently ranked among the top research organisations around the world. The Chinese Academy of Sciences was ranked the №1 research institute in the world by Nature Publishing Index 2017, by Nature Publishing Group.
Dr. Shi is a veteran of the semiconductor industry. He was the Principal System Architect at AMD and headed corporate and university technology partnerships for AMD in the China region. Dr. Shi previously held positions at several leading international IC companies such as Synopsys and ARM. He was also the Senior Chip Design Engineer at Samsung Semiconductor Inc, a subsidiary of Samsung Electronics, Ltd. in Korea. Interesting enough, Tim Shi gave a speech in the first Jiangsu Virtual Reality Development Conference, in 2017. As a Senior Manager of AMD VR, Computing Platform and Solutions, he spoke about the Future of Virtual Reality. Knowing that Virtual Reality industry is growing rapidly and the technology is definitely going to be the future, maybe we will see MATRIX AI Network blockchain contribution to VR field too? Worth a thought.

MATRIX AI Team Overview part 3: Tim Shi (https://medium.com/@pukis3891/matrix-team-overview-part-3-tim-shi-f3a477deaa80)


Owen Tao – MATRIX AI Network CEO
 


https://coinreviews.io/wp-content/uploads/2018/12/owen-tao-matrix-ceo.png


MATRIX CEO Owen Tao’s story about gaming and blockchain
https://matrixainetwork.medium.com/the-executive-leadership-skillset-for-value-creation-in-the-digital-economy-4824156808fd

Mr. Owen Tao, CEO of MATRIX AI Network, wears his gamer identity as a badge of honor — often mentioning it alongside his early innovations in global e-commerce and his dual-degree from Peking University. This lifelong love of gaming has proven invaluable in both leading one of the world’s most promising public blockchain projects and in unlocking new forms of value in the digital economy.
Like many of his generation, Tao, as a young man, poured all his free time into online games like Diablo and World of Warcraft (WoW). Although assets in these games were digital, they required real time and effort to produce and procure. Understanding that these game assets were given real value through group consensus, Tao clearly saw the components of a new economic network and was mesmerized by the collective creativity and productive potential of virtual communities. “With the massive convergence of talent, time and energy, I knew there was a tremendous amount of untapped value being created in these online worlds,” says Tao.
This led Tao to embark on a series of successful gaming ventures including establishing the world’s first large-scale 3D virtual community, creating the world’s first in-game advertising system and founding an award-winning gaming platform which attracted over 20M registered users to become the most popular gaming platform in Asia. His journey through the gaming landscape gave him insight into the motivations of individuals and the social interplay of competition and collaboration. The gaming world also gave him invaluable exposure to a varied worldwide network of players from diverse genders, ages, nationalities, languages and disciplines.



                                                                 Bayesian Artificial Intelligence Learning Algorithm

                                            

                                                 https://miro.medium.com/max/4802/1*NJQITAfyan97SsZVqKhXPg.jpeg




                                                    
The MATRIX AI Network's proprietary high-performance Bayesian artificial intelligence learning algorithm can learn and generate a new category node after analyzing as few as 20 examples. This is nearly an order of magnitude more efficient than human learning. MATRIX's Bayesian artificial learning algorithm dramatically improves the efficiency of machine learning.

The MATRIX AI NETWORK’s high-performance Bayesian inference machine – or mining machine – can execute MCMC (Markov Chain Monte Carlo) algorithms more than 50x faster than I7 processors. Its manufacturing technology-independent complexity measure is equivalent to 500k GE (Gate Equivalent). It is more than 3x faster than the Titan V GPU.

Read More https://techbullion.com/a-world-class-artificial-intelligence-and-blockchain-solution-interview-with-the-ceo-of-matrix-ai-network/


                                    Matrix AI Network: using mining to create real world value in the field of medicine

                                https://miro.medium.com/max/2990/1*HgsbA4ZtlLAVwKrScXovDg.jpeg

This article provides an insight as to how Matrix AI Network is making use of Markov Chain Monte Carlo(MCMC) computing combined with artificial intelligence as a means of leveraging their mining protocol to serve beneficial for not only verifying transactions on the block chain but also using the computational power to help solve real world problems in the medicinal field.

https://medium.com/@50Satoshis/matrix-ai-network-using-mining-to-create-real-wold-value-in-the-field-of-medicine-fe8de9ccd214




                                                    The AI Miner: A Powerful Addition to the Matrix Ecosystem

                                                  https://miro.medium.com/max/2400/1*GUlQ0taqsnLNAT-24sWPxA.png

On Oct. 31st 2019, Matrix was invited to a meetup hosted by Green Mining in Shanghai, where Professor Steve Deng and CEO Owen Tao shared the latest happenings of Matrix and talked about their vision of a distributed cloud platform.
They took the opportunity to introduce the Apocalypse, a mining machine equipped with the AI technology developed by Matrix Space. This marks yet another step towards building our AI-powered ecosystem.

By partnering up with Green Mining, Matrix has equipped the Apocalypse with our own AI technology. Our AI mining algorithm will enable the machine to stay power efficient and always adopt the optimal mining solution, while maintaining a good balance between mining and computing for AI.

The Apocalypse supports data mining, AI training, 3D rendering, meteorologic analysis, biological computing and clinical diagnosis. Once connected to the platform, it will start lending out extra computing power and gaining profits for doing so.
Though new to the Matrix ecosystem, the Apocalypse will play an essential role in laying the foundation for our new computing power distribution platform. By providing more computing power for the society, we are enabling people to train more practical AI models, and thereby, slowly but surely, we will bridge the gap between Week AI and Artificial General Intelligence.



                                                      One Belt One Road Research and Development Center

They have reached an agreement with and have direct access to China’s (possibly the world’s) biggest ever infrastructure project — Belt and Road
 https://mp.weixin.qq.com/s?__biz=MzU1NzYwMDMwNg==&mid=2247485930&idx=1&sn=c2c65d8a27c879c14f5c3d21ebac07b3&source=41#wechat_redirect

                                                        This is the contract with the OBOR research center!

                                     https://pbs.twimg.com/media/Evii4hMXAAQ224O?format=jpg&name=medium


                                                https://en.wikipedia.org/wiki/Belt_and_Road_Initiative


                      https://hackernoon.com/hn-images/1*BbyDVnXmuJn19R2nko8N4w.png




   The Hardware Bio Wallet from the Matrix AI Network. It’s cutting edge tech that scans veins, making it more secure than face or fingerprints.

                              

                                  https://pbs.twimg.com/media/ExJ_0qDWQAEiDsr?format=jpg&name=small




                         The matrix evolution – how artificial intelligence can help Blockchain realise its full potential

(https://londonlovesbusiness.com/the-matrix-evolution-how-artificial-intelligence-can-help-blockchain-realise-its-full-potential/)
 
In 2018, Matrix A Network launched a new public demonstration of its proprietary technology, heralding a new standard in transactional speed and efficiency. “The AI-based MATRIX platform has an ability to process more than 50,000 transactions per second — more than Bitcoin, Ethereum, Ripple, more even than PayPal and Visa! This is because of the fusion of powerful artificial intelligence and the hybrid consensus (PoW + PoS) mechanism of the MATRIX blockchain,” explained Owen Tao, CEO of MATRIX AI Network. “With the PoS-based random clustering, a small number of nodes will be chosen as delegates. The transactions are broadcast only among these delegates. In previous blockchains, transactions have to transfer to every node in a P2P network and the latency increases as the number of nodes grows. With our algorithm, the small number of nodes enables a significantly lower latency because of the reduced overhead of broadcasting a transaction.”



                                                                                     Bayes.Finance exchange


                                                                                 https://static.bhfastime.com/bhop/image/xbF4Beog-WSlCWqPRAKhWJj69d1BIheoEgva-KRH6sU.png



Bayes is a pan-financial AI service platform developed based on Matrix's AI computing power and artificial intelligence. The main business includes high-security smart exchanges, decentralized exchanges, DeFi, AI quantitative tools, and intelligent analysis of project activity.

Bayes Lab was established in Singapore in 2018 and is composed of artificial intelligence scientists and financial experts from world-class universities such as Massachusetts Institute of Technology, Rice University, Tsinghua University, and University of Toronto.

https://www.bayes.finance/

https://bayesupport.zendesk.com/hc/zh-tw/articles/900003743106-%E5%85%B3%E4%BA%8E%E6%88%91%E4%BB%AC

https://mp.weixin.qq.com/s/nATq5ZiTMkwp-DN5F-9JFQ


- Fast transactions - 12499 TPS confirmed

Intelligent Smart Contracts using natural language

AI-powered Security

Public and private chains

Tweak blockchain without a hard fork

Green mining (uses computing power for AI calculations)

hybrid PoS + PoW consensus mechanism – dubbed HPoW or Hyper PoW

Sources:
 
See all news about Matrix ( https://www.matrixai.news/ ) ( https://t.me/joinchat/VSRKzUS1QSbpNYEY )
 
Matrix 2.0 Green Paper (https://medium.com/@matrixainetwork/built-to-last-matrix-2-0-green-paper-e767ac420904)
 
Government of Tianjin, China invests in the Advanced Telecommunication Chain Industry Alliance (https://medium.com/@cris.montoya92/government-of-tianjin-china-invests-in-the-advanced-telecommunication-chain-industry-alliance-8aa9cfe412b2)
 
Intelligent Industries: Merging Physical and Digital Infrastructures in High-Speed Rails (https://medium.com/@matrixainetwork/intelligent-industries-merging-physical-and-digital-infrastructures-in-high-speed-rails-deea1d043ee5)
 
Matrix AI (MAN) artificial intelligence ecological platform empowers smart healthcare   https://news.qudong.com/article/583033.shtml

Intelligent Cloud Technology (https://medium.com/@matrixainetwork/built-to-last-intelligent-cloud-technology-19b23ccaf7dc)

Distributed Storage and Cryptography (https://medium.com/@matrixainetwork/what-the-tech-distributed-storage-and-cryptography-395b9cbbb138)
 
Data and Computing Power (https://medium.com/@matrixainetwork/built-to-last-data-and-computing-power-67ac8da332a3)
 
Matrix White Paper (https://github.com/MatrixAINetwork/WhitePaper/raw/master/MATRIXTechnicalWhitePaper.pdf)
 
Matrix 2.0 Green Paper (https://www.matrix.io/uploads/file/Matrix%202.0%20Green%20Paper.pdf)

- Matrix 2.0 Roadmap  (https://twitter.com/MatrixAINetwork/status/1365677835633893376?s=20)
- How to stake a Matrix AI Network Node

Deploy Masternode Windows Demonstration
 (https://medium.com/@matrixainetwork/announcement-how-to-deploy-a-matrix-ai-network-masternode-7b1f55112734
Deploy Masernode MAC Demonstration
 (https://youtu.be/75pZQ3oKtJM)
  Deploy Masternode Linux instructions
(https://youtu.be/j2f1_UQc4mk)
(https://github.com/MatrixAINetwork/go-matrix#starting-up-your-member-nodes-linux--mac---for-deposited-users)

Tokenswap Status: Manual swap ongoing! Email tokenswap@matrix.io for details (https://medium.com/@matrixainetwork/announcement-how-to-matrix-token-swap-412ec9c1ca8e)
Token Swap Manual: How to swap tokens (https://www.matrix.io/downloads/)
Tokenswap Time Limit: No time limit


Latest Quarterly and Bi-Weekly reports:

- Bi-weekly Report (March 2021) (https://twitter.com/MatrixAINetwork/status/1371410120182235137?s=20)
- Bi-weekly Report (Feb 2021) (https://twitter.com/MatrixAINetwork/status/1365329766065213440?s=20)
- Bi-weekly Report (Jan 2021) (https://twitter.com/MatrixAINetwork/status/1354809446891810824?s=20)
- Quarterly Report 2020 Q4 (https://twitter.com/MatrixAINetwork/status/1349764562652864513?s=20)


Other Recent Notable Official Announcements:

Easy GMAN: Easy Matrix Masternode Setup
 (https://medium.com/@matrixainetwork/easygman-launch-a-new-masternode-in-one-click-6a70fc858fb6)
Matrix releases the Matrix Mobile Wallet
 (https://medium.com/@matrixainetwork/announcement-matrix-wallet-app-is-online-230f7d0d8eaf)
Matrix Year in review: 2019
 (https://medium.com/@matrixainetwork/matrix-ai-network-year-in-review-2019-f269acfbe17)
Matrix Chief AI scientist Steve Deng outlook for 2020
 
(https://www.youtube.com/watch?v=eoD3sQWPC0Y) Matrix Youtube AMA Oct 2019
 (https://www.youtube.com/watch?v=zYgfrfz34OU&t=677s)  (https://twitter.com/MatrixAINetwork/status/1187330241053609985?s=20) Matrix Tech Talk 8 Video
 (https://www.youtube.com/watch?v=srwJppF3bXs)  December Monthly Report


 (https://medium.com/@matrixainetwork/matrix-ai-network-monthly-report-63bc15f4da4b)Social Media:

Twitter
 (https://twitter.com/MatrixAINetwork)Medium
 (https://medium.com/@matrixainetwork)YouTube
 (https://www.youtube.com/channel/UCA8O5qOg0nVyd-L7RaOrmUw)Reddit
 (https://www.reddit.com/r/THEMATRIXAI/)Facebook


 (https://www.facebook.com/MATRIXAINetworks/)

Matrix Telegram Communities:

Official Announcement Channel  
(https://t.me/matrixannchannel)
 Official Telegram Community
(https://t.me/matrixainetwork)
 Chinese Telegram Community
(https://t.me/MANcn)
Italian Telegram Community
(https://t.me/MATRIXAINetworkItaly)
 Japanese Telegram Community
(https://t.me/MATRIX_JAPAN)
 Korean Telegram Community
 (https://t.me/MatrixAINetworkKR)
 Russian Telegram Community
(https://t.me/MatrixAINetworkRussiaOfficial)
 Spanish Telegram Community
(https://t.me/OfficialMATRIXAINetwork_spanish)
 Turkish Telegram Community
(https://t.me/MatrixAITurkey)
 Viêt Nam Telegram community
(https://t.me/MATRIXVietnam)
 Official Matrix Masternode Telegram Community
(https://t.me/MatrixMasternodes)


Other Links:

Matrix AI Network Blockchain Browser
 (http://tom.matrix.io/)-Matrix Web Wallet
 (http://wallet.matrix.io/)-Website
 (https://www.matrix.io/)-Whitepaper
 (https://github.com/MatrixAINetwork/WhitePaper/blob/master/MATRIXTechnicalWhitePaper.pdf)-GitHub
 (https://github.com/MatrixAINetwork)-

EXCHANGES

https://www.kucoin.com/trade?lang=en_US
https://www.gate.io/trade/man_usdt
https://www.bayes.finance/

Watch oure last video please: This is the last news , from Owen: https://youtu.be/IVzn_JObIXU

AMA answered by steve deng in the matrix main chat https://t.me/MatrixMasternodes/34804

[28.12.20 21:59]


Q 1: Are the previous agreements/partnerships still intact. Since, the last tweet about the hospital what update are there?
A 1: The  previous agreements/partnerships are largely intact but there are certainly some changes. I do not use social media and so I don't know which hospital project you mean. Generally speaking, we do have AI diagnosis models testified in many China hospitals, but it's hard to make profit because China does not issue license to AI doctors.

Q 2: Partnership with Theme Tech is still valid? What about Beijing international airport ? When they will using ai services? Normally it was announced for 3 th quarter of 2020?
A 2: The partnership is still valid. However, both Beijing international airport and Theme Tech have been in big trouble due to the Coronavirus pandemic. So the online service has to be postponed.

Q 3: When will the Apocs start working again or any compensation for them if they will not work anymore?
A 3:Please ask Owen for details.

Q 4- Why huobi still dont to the swap after more then 2 years ? Do you also plan to talk with huobi for succeed the swap process ?
A 4 : Please ask Owen for details. I'm not involved in any of the financial issues.

Q 5- Why we dont hear much about the team and you the last months? How many devs and workers are still on board ? Are the workers still get paid ?
A 5 : We have been through a very tough time due to many internal and outside issues. We still have around 20 paid developers.

Q 6- How is the latest financial situation? Do you still searching for funds, any progress about it ? Why never an audit happened in the last years like announced?
A 6: Please ask Owen for details.

Q 7- Any new exchanges in pipeline? Are you in talk with some exchanges ?
A 7: Owen should announce the progress in the coming quarter report.

Q 8- How far we are with us cloud computing platform? When it will be ready you think ? When real customers will start using it?
A 8: We are working building the cloud computing infrastructure as well as an AutoML framework. Owen will announce the detailed plan soon.

Q 9- Is it true that Owen is doing Defi with Old ERC20 tokens! Will mainnet tokens or ERC20 tokens be the future of MAN? And can we revert Back our MAN tokens?
A 9: Owen is leading the smart contract team to work on Defi. Please ask him for details.

Q 10- What knowledge you have of the Chinese Inverstors legal case against Matrix team?  Are you also involved in this case ?
A 10: Somebody launched a legal case against the Matrix foundation for some reason. I'm not involved in the case as I have not been associated with the foundation. As far as I know, the operation of the foundation is in compliance with the law of Hongkong.

Q 11- What you know about the words from Owen, that they lost the private keys and therefore cant swap people to erc20. If a team loses private keys..... was it not true he lost the keys, or unwilling to swap?
A 11: It's NOT that Owen forgot the private keys. Owen meant that they destroyed the token by sending them to an address without private keys. It's standard operation of Coin Burning. Please ask Owen for details.

Q 12- How is the mainnet working for the moment ? We are still at 50 k tps? Are the ai applications running well? When machine learning will be adopted?
A 12: I think it's working at 50 ktps. The mining algorithm is itself based on an AI algorithm. We are building new apps, which will be annonuced by Owen soon.

Q 13- When you plan to do an AMA with Owen? Can you send a tweet, video that you are still involved with the matrix project? Lot of rumours will stop then, that you stopped working for matrix!
A 13: I'm replying emails to many people from the community because I'm serious about the project and I will continue to work on the project. I think such communications mean much more than an AMA or a tweet.

Peter Beervoets, [28.12.20 21:59]
Q 14-Recently Owen attended "New Bloc Compound" event where VP of Houbi was also participating. Why is it so hard to get them to swap if it seems Owen might even have had chance to speak with the VP?
A 14: This is beyond my knowledge and please ask Owen.

Q 15- What happened to Obor project? Is Matrix still involved in this project ? And whats his role on it ?
A 15: This is beyond my knowledge and please ask Owen.

Q 16- What are the targets for 2021? Are you now busy with machine learning for matrix?
A 16: Owen will make an announcement soon. We do have a few important ML projects to be launched on Matrix in 2021.

Q 17- How you see the future of matrix? Why its so undervalued ? Around 1 million marketcap. 99% of the investors are in big losses .. Is there any hope still for the real believers and supporters of matrix ?
A 17: This is too complicated a question for anyone to answer. What I can say is that we will try our best to earn it a better future.

Q 18- We know about the restrictions in China for crypto, but many chinese projects doing it well, and have billions of marketcaps.. What needs matrix more for to succeed ?
A 18: This is again a very complicated question. Maybe we should spend more resources on government relations.

Q 19- Matrix is still under the radar, are there plans to do some marketing?
A 19 : Owen will soon have an announcement.

Q 20- Is there anything else you want to tell? What message you have for the community ?
A 20: I'd like to express my gratitude to the community. We deeply appreciate your support and will work harder to make it a successful project.

Answered by steve deng by mail

  https://t.me/matrixainetwork/778855

AMA with professor DENG : 08/01/2021

Q 1 - A while ago we promiss the community that team will give weekly updates.

Can you also write some short article for this week please ? Maybe something interesting about machine learning ?

A 1 - Deng: Upon your earlier request for weekly updata, Owen and I decided to prepare a short report every two weeks. My update will be included. Please ask Owen for the report.

Really too busy to write short articles, but I do have a tutorial PPT that can be shared. Please check out the attachment.

Q 2 - This tutorial Ppt is a summary of all matrix plan to do ? Or its a summary of all we already realised ?

How far we are now with the building of ai computing cloud platform?

A 2 - Deng: The tutorial is a summary of the overall landscape. Some of them has been realized, while most of it (but probably not all) is our future plan.

We are planning to build the ai computing cloud platform for automatic model search in the first half of 2021 (but this is tentative schedule).

Q 3 - Matrix will be the first project who will have the ai computing platform? Once platform is ready , matrix will generate an income by selling services to companies and instututions ?

I know there are a lot of ai projects in crypto.. Can we see matrix as the most progressed and advanced project ?

Do we have serious competitors in crypto?

A 3 - Deng: To the best of my knowledge, we will be the first to do autoML on blockchain based cloud. Certainly we want to make it a paid service.

I would say matrix is one of the most advanced as different projects have varying objectives.
Our focus is the sharing of computing resources for useful computing.

I don't know serious competitors from this perspective.

AMA with prof. Deng:09/01/2021      https://t.me/matrixainetwork/779091
  
Q 1 : How  are you going to compensate the departure of Bill Li?
Is he, as a network mastermind, not irreplaceable for the project? or did he leave his work completed before leaving?

A 1: Deng : I don't think he is irreplaceable and he did have most of his work (the blockchain infrastructure) completed. The job in the next stage requres new knowledge base.

Q 2 : With a small team like now and with an unsure financial situation, how do you try to gain confidence in the victory of this project?

A 2: Deng: We already have the infrastructure. Now what we need to do is to have novel solutions and working business patterns.
A small team will suffice at this stage.

Q 3: Why you dont use offen the social media for promote the matrix project ? And win the trust of the community back?

A 3: Deng: I don't like spending time on social media. We can do more useful things to re-gain the trust. Now we have a couple of ongoing projects that can be announced very soon.

https://twitter.com/MatrixAI_news/status/1350083390079438848
https://twitter.com/MatrixAI_news/status/1349444524905476099

Join the Matrix AI Network Twitter Competition !

Start date: January 14th End date: January 31th

MATRIX AI Network - Telegram #Airdrop (max 1000 Members) Tokens will be distributed after 48 hours !

https://docs.google.com/forms/d/e/1FAIpQLSeGPkypMPIYZnmybEK8LmVjZMkK3AyKqTtUZ3WLWwQCm05ISQ/viewform

https://t.me/joinchat/VSRKzUS1QSbpNYEY

https://twitter.com/MatrixAI_news/status/1349318680400818178

Matrix AI Network is back on track, new updates are posted on GitHub !

https://github.com/MatrixAINetwork

New updates about developments and tweet competition will soon be announced !

https://twitter.com/MatrixAINetwork/status/1349764562652864513?s=09

Matrix AI Network Quarterly Report from October 2020 to December 2020.

https://t.me/matrixainetwork/780856

AMA prof Deng 15/01/2021

Q : - This bio information based wallet you are creating for matrix ?

Or for another company ?
Whats the difference with normal wallets ?
Its more safe ? It can not get hacked ?

A : Deng :

The wallet is exclusively for Matrix. It's offers a finger-vein based certification mechanism for software wallet.

It allows safe and handly access to wallet apps on cell phones.

The finger-vein based certification is supposed to be safer by performing living body detection and personal identification in one step.

Ama Prof. Deng 18-01-2021  https://t.me/matrixainetwork/781254

Q: And in youre last emails you told me that you are still working on new projects, applications?
Can you give some examples please ?

A: One new project, which you already know, is the finger-vein based authentification for wallet.
It is planned to finsih in the end the Feburary.

I'm working on another one, which is still in the research stage, is to build a tool-chain to support the automatic creating of embedded AI hardware, i.e., automatical search of AI models + automatic synthesis of AI hardware.

Q: Youre finger vein based authentification for wallet is already used by iphone, samsung mobile phones ?
Or what you are trying to do is something different?
Most mobile phones using actually a finger vein based authentification.

A: No, most cell phones use finger PRINT authentification.

It's different from finger VEIN authentification, which has not been used for any smart phones yet.

The finger PRINT authentification is more error prone, has a higher duplication ratio, and cannot support liveness detection (you can cut a finger and cheat the authentification).

AMA Owen 18-01-2021    https://t.me/matrixainetwork/781323

Q: When huobi will finish the swap?

A: We are trying our best on huobi swap work, but due to the chaotic management process in huobi and some other uncontrollable factors, I cant give you a guaranteed schedule.

But you will be informed as soon as there is any news we get.

Q: When apocs will start working again?

A: About the apocs, we are talking with the miner company and ask them to move the miners to a new and better miner factory, they are doing the preparing work, I wish it can be done in two or three weeks.

Q: Community wants to know how you see the future of Matrix? We are working hard as community and wait the same from the matrix team.

A: Thanks for your hard working and supporting, I will try my best to make us back to top 100.

Ama Prof. Deng 20-01-2021  https://t.me/MatrixMasternodes/35334

Q:
Many community members want to know more about that bio finger wallet ..

Is that only for mobile ? For to save youre man coins ? Or its hardware like ledger , trezor ? Kind of hardware wallet ?

A:
Now it's for software wallet on mobiles. The technology can be used for any coins. We want it to offer a handly and secured certification solution.

The finger-vein is used as a user authentification mechanism to access a software wallet (i.e., a mobile app), which has its own private key.
Deng

AMA Owen 21-01-2021  https://t.me/matrixainetwork/781887

Q: In the last quarter report we see that the eco defi project ‘any trade’ is now testing on ethereum.

What is this project exactly?
Can you tell us more about this project please ?

A: This project is an asset aggregation platform. We are testing the function and the contract on ETH.

If its reliable. We will launch it on Matrix network.

Ama Prof. Deng 22-01-2021   https://t.me/matrixainetwork/781966

Q: Is face recognition not trustable then for us bio wallet? Why is finger vein so important?

A: Face recognition is good for general apps, but may not be safe enough for wallets as it can be relatively fooled.

Finger-vein allows living body detection and safer authentification in one shot.

We are proud to announce that we are qualified for free listing competition on latoken exchange from 28 january till 2 february! Stay tuned !  Latoken exchange have a trust score of 9 , daily volume over 200 million dollar ! Here is the link of this great exchange ! https://www.coingecko.com/en/exchanges/latoken (https://www.coingecko.com/en/exchanges/latoken)     https://t.me/matrixainetwork/785798

CoinGecko (https://www.coingecko.com/en/exchanges/latoken)
LATOKEN Trade Volume, Trade Pairs, and Info | CoinGecko
Get LATOKEN total trading volume, trading fees, pair list, fee structure, and other cryptocurrency exchange info. Find out the most actively traded coin on LATOKEN.

f I remember correctly,: Matrix CEO Owen Tao did an ico project called SIGMAcoin.
He cheated a lot of people and made a lot of people lose money.

Your opinion matters to us, which is why we want you to choose! Vote for your favorite #crypto to get it listed on #LATOKEN. Also, participate in active airdrops to earn rewards.

https://twitter.com/latokens/status/1354700772982722560

Vote please !

Write matrix in comments please !

MATRIX Project Review and  Analysis | Man Will Crush Other AltCoins??

https://www.youtube.com/watch?v=SMiw1KxxHmI&feature=youtu.be

https://www.youtube.com/watch?v=cy5KiEcfZJ0&feature=youtu.be

https://www.youtube.com/watch?v=xlKIIvuDRbA&feature=youtu.be

https://www.youtube.com/watch?v=bzprWLqDyvE&feature=youtu.be

https://www.youtube.com/watch?v=8080TbWoDLA&feature=youtu.be

matrix ai network bi-weekly report

https://twitter.com/matrixainetwork/status/1354809446891810824?s=21

For the Turkish community !

Matrix ( MAN ) Coin Inceleme , Otomatik Kodlama , Yapay Zeka Ve Daha Coxu

https://www.youtube.com/watch?v=oQ0MDyCE2Po&feature=youtu.be

Latest Ama with CEO Owen Tao

https://twitter.com/MatrixAI_news/status/1355256159196819456

Another video for the Turkish community from a famous youtuber!

Matrix Yapay Zeka Projesi - Kaçırdığınız Fırsatları Matrix ile Yakalayın!


https://www.youtube.com/watch?v=xcpog6B2Q2c&feature=youtu.be

another youtube video about Matrix Ai Network

https://www.youtube.com/watch?v=Azct4FBnmoM&feature=youtu.be

Latest AMA (5-02-2021) with Owen and Deng


https://twitter.com/MatrixAI_news/status/1357587389867245568

https://t.me/joinchat/VSRKzUS1QSbpNYEY

Matrix Ai Network News!
Matrix Ai Network News Channel

For our Chinese community !

https://www.youtube.com/watch?v=QY1Q_LLuFbY&feature=youtu.be

Latest AMA  (10-02-2021) with Ceo Owen

https://twitter.com/MatrixAI_news/status/1359482346089697287/photo/1

 शुद्ध भारतीय समुदाय के लिए मैट्रिक्स भारतीय चैनल!

https://twitter.com/matrixai_news/status/1360600783138488323?s=28

https://t.me/matrixindia#


https://youtu.be/cy5KiEcfZJ0

MATRIX परियोजना की समीक्षा || ब्लॉकचेन पर दुनिया का पहला एआई माइनिंग प्रोजेक्ट

संपर्क : https://www.matrix.io/

  latest AMA with Prof. Deng! Feb 13, 2021  


1- What is the current status of AI implementation on the Matrix mainnet?

The mining function already uses an AI algorithm for image recognition.
We are building AutoML on top of the Matrix mainnet.
We are also building a NFT mechanism to ensure the right of AI models and data.

2- Is AI computation capabilities implemented so all it takes is to upload an AI model and data ot the network?

The target of AutoML is that you can automatically derive an AI model after uploadign data.
Of course, this would be incremental. Complex datasets and tasks (e.g. NLP) would still need human experts to build a model, but relatively tasks would be OK.

3- Please elaborate of the current capabilities and status. Aside from the AI marketplace and non functional APOCs, is the mainnet ready to start serving a client with live AI computation?

Generally, yes. The mainnet is ready for AI computations.

4- Does the bio wallet aim to be they key to a safe and easy way to use crypto wallets?
This would be a great step towards mass adoption.

Yes. It supports more user-friendly and safer access to the wallet.
Of course, there're difficulties. One problem is the the hardware module is power-hungry and thus requires relatively large batteries.

5- Is this bio wallet only for matrix network usage?

The technology is general and can be used for any crypto-currencies.

6- Could  you explain more in detail about the autoML search function on the matrix network?

Is it supposed to make users find apps on the network? Why is it so complicated to find apps on a blockchain network?

No, it's not to find an application. It's designed to automatically build an AI model for a give task (e.g., image recognition) for a given set of data.
Previously, the model has to be created and tuned by AI experts.
With the AutoML app, people can automatically get an AI model by submitting a dataset and defining the task.

7- When will we have a matrix network that can go deep into reality?

It depends on how you mean by "go deep into reality". Generally, it's a marketing problem. I think everything we do is target this goal.

8- Could  you explain why matrix should have a chance against AI clouds from google, tencant etc?

And why should matrix be the choice for AI scientists to use ahead of google etc?

A blockchain based AI cloud will be less competitive in terms of performance (i.e. throughput), but can be more cost-efficient.
Another advantage is that it supports better privacy. When you upload your data to google and tencent clouds, it's potentially risky because they are also data users and app developers.
On the blockchain based platform, all data are decentralized and thus less prone to data abuse.


 https://t.me/matrixainetwork/788689       https://twitter.com/matrixai_news/status/1360625180289163268?s=28

For the Turkish community !

Matrix Yapay Zeka Projesi - ALIM FIRSATI !

https://www.youtube.com/watch?v=EeY4CXZOscE

MatrixAI_news

We are proud to announce that we signed a marketing agreement with a big Turkish marketing company specialised in crypto! They will promote matrix in all social media!

https://twitter.com/matrixai_news/status/1361025592741793802?s=28

For our Polish community! Feb 8, 2021


https://twitter.com/matrixai_news/status/1361047340229009411?s=28

Elon Musk has said multiple times that we are living in a simulation and that life itself is nothing more than a matrix that we are spending time in. Is this true? It doesn't really matter since you can invest in the Matrix!

https://www.youtube.com/watch?v=_aMpYgqXItM&feature=youtu.be

We are exited to announce that today we opened Matrix Italy channel for oure Italian community!

https://twitter.com/matrixai_news/status/1361270107511603201?s=28

https://t.me/matrixaiitalia

We are exited to announce that today we opened Matrix United Kingdom, Ireland channel for oure English and Irish community!

https://twitter.com/matrixai_news/status/1362490011103420417?s=28


https://t.me/joinchat/H09pKGTGQgy43yuC

We  announce that today we opened Matrix Poland channel for our Polish community!

https://twitter.com/matrixai_news/status/1362862767808651271?s=28

https://t.me/joinchat/ICeMytFvp3e8duyu

Today we opened Matrix Russia channel for our Russian community!

https://twitter.com/MatrixAI_news/status/1363526769853276160

We are proud to announce that our first NFT project under Matrix blockchain is in development! Soon more details by ceo Owen!

https://twitter.com/matrixai_news/status/1363836360075993095?s=28

Non-fungible tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards (https://www.coindesk.com/felines-to-futbol-nfts-are-cryptos-hottest-new-buzzword) to virtual real estate (https://www.coindesk.com/crypto/decentraland) and even digital sneakers (https://www.coindesk.com/rtfkt-sneakers-nft-collector-whaleshark).


One of the main benefits of owning a digital collectible versus a physical collectible like a Pokemon card or rare minted coin is that each NFT contains distinguishing information that makes it both distinct from any other NFT and easily verifiable.

This makes the creation and circulation of fake collectibles pointless because each item can be traced back to the original issuer.
Unlike regular cryptocurrencies, NFTs cannot be directly exchanged with one another.

This is because no two NFTs are identical – even those that exist on the same platform, game or in the same collection. Think of them as festival tickets. Each ticket contains specific information including the purchaser’s name, the date of the event and the venue. This data makes it impossible for festival tickets to be traded with one another.


The vast majority of NFT tokens were built using one of two Ethereum token standards (ERC-721 (https://www.coindesk.com/crypto-collectables-ethereums-next-killer-app-is-on-its-way) and ERC-1155) –  blueprints created by Ethereum that enable software developers to easily deploy NFTs and ensure they’re compatible with the broader ecosystem, including exchanges and wallet services like MetaMask and MyEtherWallet. Eos, Neo and Tron have also released their own NFT token standards to encourage developers to build and host NFTs on their blockchain networks.

AMA Owen 01-03-2021   https://t.me/matrixainetwork/792973

Q: When you think the apocs will start working again? And any news about compensation for apoc holders from green mining ?

A: They are fixing the bugs right now, the compensation will be settled as soon as the problem has been fixed. I will ask the engineers to estimate the time line.

Q: Can we do a youtube ama ? You and mister Deng? Community ask much about this ?

A: We have some plan, I will discuss with Ken to set the schedule.

Here is the new bi-weekly report!

https://twitter.com/matrixai_news/status/1365335854655406082?s=28

Here is what our official website 2.0 looks like in the current draft. But how can we make it better？ Leave your suggestion in the comment section. The most liked comment by 24:00 March 2nd (GMT+8) will get 1500 MAN, the 2nd most 1000 MAN, and the 3rd 500 MAN.

https://twitter.com/MatrixAINetwork/status/1366033839433293826

https://twitter.com/matrixai_news/status/1370412118063857667?s=28

Just confirmed by Owen that there will be an exchange announcement next week!

https://twitter.com/matrixai_news/status/1370412118063857667?s=28

Thanks for all the positif feedback about our new website! We plan to launch it soon!

MATPИЦA AI network MAN (kucoin) ДACT x100!

https://www.youtube.com/watch?v=9Ma5nIedYsw


Глaвный caйт - https://www.matrix.io/​

Кoшeлeк - https://wallet.matrix.io/​

Кyпить MAN - https://kucoin.com/trade/MAN-BTC?r=E5...​
https://www.gate.io/trade/man_usdt​
https://coinmarketcap.com/currencies/...​

Бeлaя бyмaгa: https://www.matrix.io/uploads/file/MA...​

Пpocмoтpeть вce тpaнзaкции: https://tom.matrix.io/home​

Coц. ceти:
Telegram - https://t.me/matrixainetwork​
Twitter - https://twitter.com/MatrixAINetwork​
Medium - https://matrixainetwork.medium.com/

Our latest AMA with Professor Deng !

https://twitter.com/matrixai_news/status/1371882046524624897?s=28

Another big youtuber with 85 k followers finded out this hidden gem!

https://twitter.com/matrixai_news/status/1372490713477357573?s=28

We are excited to announce that we will list on “http://bayes.finance” with USDT pair! Its a very new and promising Chinese exchange builded by Matrix Ai Network


https://twitter.com/matrixai_news/status/1372827596333969413?s=28

https://www.bayes.finance/

https://bayesupport.zendesk.com/hc/zh-tw/articles/900003743106-%E5%85%B3%E4%BA%8E%E6%88%91%E4%BB%AC

https://mp.weixin.qq.com/s/nATq5ZiTMkwp-DN5F-9JFQ

https://translate.google.com/translate?sl=zh-CN&tl=en&js=y&u=https%3A%2F%2Fmp.weixin.qq.com%2Fs%2FnATq5ZiTMkwp-DN5F-9JFQ

We are excited to announce that we will list on “http://bayes.finance” with USDT pair! Its a very new and promising Chinese exchange developed based on Matrix Ai Network computing power

about Us
 Bayes.Finance

Bayes is a pan-financial AI service platform developed based on Matrix's AI computing power and artificial intelligence. The main business includes high-security smart exchanges, decentralized exchanges, DeFi, AI quantitative tools, and intelligent analysis of project activity.

Bayes Lab was established in Singapore in 2018 and is composed of artificial intelligence scientists and financial experts from world-class universities such as Massachusetts Institute of Technology, Rice University, Tsinghua University, and University of Toronto.




https://twitter.com/matrixai_news/status/1372827596333969413?s=28

https://twitter.com/MatrixAI_news/status/1372869765493096455

https://www.bayes.finance/

https://bayesupport.zendesk.com/hc/zh-tw/articles/900003743106-%E5%85%B3%E4%BA%8E%E6%88%91%E4%BB%AC

https://mp.weixin.qq.com/s/nATq5ZiTMkwp-DN5F-9JFQ

https://translate.google.com/translate?sl=zh-CN&tl=en&js=y&u=https%3A%2F%2Fmp.weixin.qq.com%2Fs%2FnATq5ZiTMkwp-DN5F-9JFQ

Another video for the Russian community from a famous youtuber!

https://www.youtube.com/watch?v=tXufhsIt9Z8

Crypto Ellis spent 10k on the Next Big NFT Low Market Cap Altcoin Gem Next 100x Altcoin 2021


https://www.youtube.com/watch?v=b1BattnY9ms

https://medium.com/@hardeyema/project-overview-matrix-ai-network-the-matrix-artificial-intelligence-network-is-basically-a-e6bb06c334e0

                                                                  
                                                         PROJECT OVERVIEW: MATRIX AI NETWORK

      

            The MATRIX Artificial Intelligence Network is basically a game changer in the entire blockchain technology. It’s all about designing proprietary Intelligent Contracts that leverage natural language programming and adaptive deep learning-based templates to auto-code. The ultimate objective is to train AI models to make the technology more accessible and affordable for everyone. Matrix is aiming to advance the practice of AI technology for all and sundry.
It is designed to be the new generation blockchain, MATRIX uses the latest Artificial Intelligence techniques to revolutionize entire blockchain technology. MATRIX is distinguished from previous blockchains projects by offering a unique technology in building Artificial Intelligence enabled autonomous and self-optimizing blockchain networks, which feature multi-chain collaborations. MATRIX also aims to majorly combat and reduce cases of cryptocurrency fraud and theft with reports of such incidences increasing.
MATRIX offers a flexibility that is welcome to Blockchain technology and by the crypto community. MATRIX provides a higher flexibility that affords the dynamic adjustment of parameters as required to adjust to the ever-changing and improving cryptocurrency market needs. The DAO attack has also demonstrated how smart contracts can be exploited and MATRIX has equipped its Blockchain with a powerful AI security engine that can identify bugs and vulnerabilities in smart contracts.



MATRIX ARTIFICIAL INTELLIGENCE Ecosystem

           MATRIX’s adaptive deep learning-based templates differ from other early attempts at smart contract templates in their complexity. Other smart contract templates that supported one-click contract generation typically only let users define very basic information such as a token’s name or a token’s total supply. Other high-level functions are typically not supported. This has directly hindered the adoption of smart contracts.

Matrix delivers high-speed transactions by managing the network complexity with a hierarchical approach. The blockchain network built on the MATRIX technology is dynamically clustered into disparate groups of nodes. Each group has a delegate voted by an evaluation function considering both fairness and randomness. The delegate nodes exchange transactions in the P2P network and perform PoW computations. Thereby helping the winner delegate share the PoW reward with nodes within its cluster.



Multi-Chain Scheme with Decoupled Control and Data Chains

A standard MATRIX node is associated with a control chain and at least one data chain. Both chains are operated with the distributed consensus scheme. The control chain is equipped with various AI models and behavioral specifications for data chains. The data chain perform data operations and collaborate with other chains and routers coordinated by the control chain. The introduction of the control chain enable MATRIX blockchain to exchange data and execute contracts with other blockchain.



AI-Based Security Framework

MATRIX offers an overall security framework consisting of four major components which are

I) Rule-based syntactic checking of smart contracts

II) Transaction model identification and security checking through semantic analysis

III) AI-based security checking and formal verification of smart contracts

IV) Deep learning based dynamic verification and security optimization.



Matrix AI Network leverages on the latest AI technology to deliver on the promise of blockchain. Kindly follow us for more information.

°Website: https://www.matrix.io/

°Wallet: https://wallet.matrix.io

°Facebook: https://www.facebook.com/MATRIXAINetworks

°Twitter: @matrixainetwork

°Telegram Group: https://t.me/matrixainetwork

Professor Deng : The hardware of our bio wallet will be available by the end of March. The software part and the final prototype will be ready in April. It's a mobile wallet with both Android and IOS versions.

https://twitter.com/matrixainetwork/status/1373565419173335040?s=28

https://twitter.com/matrixainetwork/status/1373614340935405577?s=28

Another great video from 'Crypto Shark' about Matrix Ai Network! Youtubers are finding out fast about this hidden Gem!

https://www.youtube.com/watch?v=0O9iueN8wJI&t=1s

How to stake Man coin ?

 1. Create a wallet on https://wallet.matrix.io/ ( save youre keystore file good, copy it in few usb sticks, dont lose it, we cant restore it !
 2. Go and buy man coin on kucoin exchange or gate.io exchange
 3. Send youre man coins from exchange to wallet adress
 4. Go under joint mining ( in the wallet ) and look for a good pool , a pool that is still in mining and less than 10 million!
 5. Chose for flexible (min 100 man) or fixed (2000 man minimum) and stake !


 You can also mine and stake with your own node/nodes

         New Matrix AI Network gman Introduces Fixed and Flexible Staking!

   https://matrixainetwork.medium.com/announcement-new-matrix-ai-network-gman-introduces-fixed-and-flexible-staking-78cc6fc10394
  
        Files download
  
   https://www.matrix.io/downloads/
  

 p.s: If you dont want to trust generating the wallet on what people conceive to be an "online wallet" you can go to wallet.matrix.io right click anywhere on the background of the site and click "save as" and then name it whatever.html. You can save this to a flash drive and plug it in to a computer with no network connection and run the html file from your isolated disconnected computer and generate your wallet completely offline.

                                             Why to invest in MAN coin, what awaits in the next 6 months :


                                          1. Worlds' most safe and secure bio wallet will come out !
                                          2. Listing on 3 big exchanges!
                                          3. New website will soon be online !
                                          4. New marketing team will start working!
                                          5. New partnerships will be signed with big countries!
                                          6. Big update of the mainnet !
                                          7. Worlds' first AI mining platform will be online!
                                          8. 10 commercial AI applications will be ready !
                                          9. Massive marketing will be deployed in different countries!
                                         10. Machine learning possible on the blockchain! Unique in crypto !

 Another youtube video for our russian community

Poзыгpыш!!! 20 000 Moнeт | Бoлee 3000$$$!!! [ Matrix ] #Matrix

https://www.youtube.com/watch?v=gojpOb-ofBc

We are proud to announce that Friday we will list on Bayes Finance Exchange with the USDT pair.

https://twitter.com/matrixainetwork/status/1374034366800797701?s=28

MAN Will be Supported on Bayes.Finance
 

Bayes will support USDT-MAN

MAN deposits open at 16:00 pm UTC on March 26

USDT-MAN trading pair open at 16:00 pm UTC on March 26

MAN withdrawal open at 16:00 pm UTC on March 26

https://twitter.com/matrixainetwork/status/1374301371063795712?s=28


1. Here is a sneak peak at the Hardware Bio Wallet from the Matrix AI Network. It’s cutting edge tech that scans veins, making it more secure than face or fingerprints.


2. The wallet will allow consumers to store a wide range of crypto assets in the most secure manner currently possible.


3. As the global crypto market cap approaches 2 trillion dollars, more consumers are putting wealth into crypto assets.


4. Coming later this year, the Matrix Hardware Bio Wallet will offer less tech savvy consumers, the simplest yet most secure wallet for securing crypto tokens.


5. The wallet will compete with popular pin-based wallets that often lead to sad stories of consumers losing their crypto assets.


6. The Matrix AI Network is committed to providing the best software and hardware based solutions for the crypto market!


https://pbs.twimg.com/media/ExJ_0qDWQAEiDsr?format=jpg&name=small

    For our russian community from some of the best russian youtubers

X100 нa MAN/ мoнeтa oт пpoeктa Matrix AI Network

https://www.youtube.com/watch?v=Lx1ISwqIu-A
https://www.youtube.com/watch?v=kN7_On1RgdM
https://www.youtube.com/watch?v=XWslWjpZ53o
https://www.youtube.com/watch?v=kxuy4EVHo7E
https://www.youtube.com/watch?v=BnvEWy53pjc
https://www.youtube.com/watch?v=RtbJA6iv6NA


Buy MAN

https://trade.kucoin.com/MAN-BTC​​​
https://www.gate.io/trade/man_usdt​

This crypto currency is called Matrix AI Network or MAN for short. Its key feature is that this project is not just a blockchain for sending transactions and creating smart contracts. Matrix AI Network is a clever combination of blockchain and artificial intelligence. This opens up huge opportunities for the use of this blockchain, even in seemingly ordinary areas. For example, Matrix AI Network smart contracts use natural language programming and adaptive templates created on the basis of deep learning. Thus, the Matrix AI Network operates a so-called automatic coding system. It already supports English and Chinese, and additional languages will be added in the future. The secure Matrix AI Network virtual machine based on artificial intelligence identifies potential loopholes and malicious code, while providing resistance to high-intensity attacks using the most advanced modern hacking technologies.
And by the way, as for the Chinese language. At the moment, Matrix AI Network actively cooperates with Chinese IT companies and even state-owned enterprises. institutions. For example, one of the hospitals in China already uses an artificial intelligence system from the Matrix AI Network to more accurately diagnose cancer.
As for the consensus algorithm, it is also unusual in the Matrix AI Network. Matrix AI Network is based on a special protocol that first has the ability to integrate with other chains, and also uses a cost-effective and secure consensus called Hyper Proof of Work, which is a mixture of classic Proof of Stake and Proof of Work, allowing you to use only the best of these systems. Thus, the bandwidth of the Matrix AI Network is currently 12,000 TPS, which is more than 1000 times faster than the Ethereum network

                                                                        
                                                                   matrix ai network first bi-weekly report of March



                                                            https://pbs.twimg.com/media/Ewg6OsiWYAIk4Xd?format=jpg&name=medium

                                                        
                                                                                THE MATRIX 2.0 ROADMAP



                       https://pbs.twimg.com/media/EvPcu5_VEA40nbL?format=jpg&name=large

MATRIX Project Review || World's First AI Mining Project on Blockchain

Prime Investors
121K subscribers

https://www.youtube.com/watch?v=UsnMyrzxDJQ

MATRIX La última inteligencia artificial 2021

https://www.youtube.com/watch?v=KL-osBMdK-E


Esta moneda criptografía se llama Red de Matrix AI o MAN para corta. Su característica clave es que este proyecto no es solo un cuadro de bloques para enviar transacciones y crear contratos inteligentes. La red Matrix AI es una combinación inteligente de bloques  y inteligencia artificial. Esto abre enormes oportunidades para el uso de este bloque de bloques, incluso en áreas aparentemente ordinarias. Por ejemplo, los contratos inteligentes de la red Matrix AI utilizan la programación de lenguaje natural y las plantillas adaptativas creadas sobre la base del aprendizaje profundo. Por lo tanto, la red MATRIX AI opera un llamado sistema de codificación automática. Ya apoya inglés y chino, y se agregarán idiomas adicionales en el futuro. La máquina virtual segura de la Matrix AI de la red basada en la inteligencia artificial identifica las lagunas potenciales y el código malicioso, al tiempo que proporciona resistencia a los ataques de alta intensidad utilizando las tecnologías de piratería modernas más avanzadas.
Y por cierto, en cuanto a la lengua china. En este momento, la red Matrix AI coopera activamente con las compañías de TI chinas e incluso las empresas estatales. Instituciones por ejemplo, uno de los hospitales en China ya utiliza un sistema de inteligencia artificial de la red Matrix AI a diagnosticar con mayor precisión el cáncer.
En cuanto al algoritmo de consenso, también es inusual en la red Matrix AI. Matrix AI Network se basa en un protocolo especial que primero tiene la capacidad de integrarse con otras cadenas, y también utiliza un consenso rentable y seguro llamado Hyper a prueba de trabajo, que es una mezcla de prueba clásica de estaca y prueba de trabajo, Permitiéndole usar solo el mejor de estos sistemas. Por lo tanto, el ancho de banda de la red MATRIX AI es actualmente 12,000 TPS, que es más de 1000 veces más rápido que la red Ethereum.

MATRIX Project Review

Crypto Boat
38.6K subscribers

https://www.youtube.com/watch?v=rbKOKq2Msiw

                                                   
                                                             NFTs are coming to the Matrix AI Network!



- You may not have known it, but Matrix AI has had NFTs in the works for some time.

- NFTs have taken the crypto world by storm. Artists of all sorts are excited about the possibilities, especially after seeing Beeple’s digital collage sell for $69 million.

- As Matrix is a blockchain designed to allow users to contribute compute, data, and algorithms, we have worked on the issue of ownership of digital assets since our founding.

- NFTs are our solution for assigning digital rights for data and algorithms and to allow for compensation for contributors.

- But we are not stopping there. In order to promote the development of the artificial intelligence ecosystem, Matrix AI is working with the art of artificial intelligence.

- AI art, or artwork created with AI is an exciting area of art garnering worldwide attention.  In 2018 the AI-generated “Portrait of Edmond Bellamy" was sold at Christie's New York for $432,500.

- Matrix AI will create an official NFT registry of AI Art (AIRT) on the blockchain to enable buying and selling of AI-generated art from around the world.

- Matrix AI will be launching two NFL platforms this year to bring together AI and NFTs. The AIRT Platform will support AI art and the MASO platform will support digital ownership for data and algorithm contributors.

- Matrix AI will use NFTs to assign digital rights for AI-generated artwork (AIRT). This is a rapidly growing segment of art that has followers around the world.

- Matrix AI will also be using NFTs for a second purpose - to track the data and algorithm contributions to our network.

- Both NFT platforms will be launched later this year.

- As an example of how this will work, a user will first connect to the network through the API.

- Next, users will upload the digital art to the IPFS network of the Matrix AI storage layer, with a corresponding description.

- After paying the appropriate amount of MAN tokens, the user can start casting AIRT which serves as the voucher of ownership.

- The user who obtains the ownership of AIRT means that they have obtained all the legal rights of this artwork.  AIRT can be transferred and traded.

- In order to create liquidity we will add cross-chain technology, allowing Matrix AI's NFT and assets to be cross-chained to other platforms.

- We are excited about the possibilities that the intersection of NFTs and AI bring the Matrix AI Network. Stay tuned for more updates!



https://twitter.com/matrixainetwork/status/1375215527468077056?s=28

https://twitter.com/matrixainetwork/status/1375488295896018948?s=28

As you are also undertaking this project to NFT area, do you think you can gain more audience in the forum? Because right now, it seems people are not that interested in your project. But only my impression here, it may be different in actual community of yours. Because the number of your validation and mining nodes are quite handful.

use telegram ,is very active...

Matrix Telegram Communities:

Official Announcement Channel  
(https://t.me/matrixannchannel)
 Official Telegram Community
(https://t.me/matrixainetwork)
 Chinese Telegram Community
(https://t.me/MANcn)
Italian Telegram Community
(https://t.me/MATRIXAINetworkItaly)
 Japanese Telegram Community
(https://t.me/MATRIX_JAPAN)
 Korean Telegram Community
 (https://t.me/MatrixAINetworkKR)
 Russian Telegram Community
(https://t.me/MatrixAINetworkRussiaOfficial)
 Spanish Telegram Community
(https://t.me/OfficialMATRIXAINetwork_spanish)
 Turkish Telegram Community
(https://t.me/MatrixAITurkey)
 Viêt Nam Telegram community
(https://t.me/MATRIXVietnam)
 Official Matrix Masternode Telegram Community
(https://t.me/MatrixMasternodes)

A new video for our turkish community!

Guncel Bitcoin
60.9K subscribers

https://www.youtube.com/watch?v=WL02R1c4SFk

                                                 2 more good videos about Matrix Ai Network tech and potencial


                                                          https://www.youtube.com/watch?v=2gEed8zVvE0

                                                          https://www.youtube.com/watch?v=RhZEFnGVJVM

                      

                     Matrix AI Network Youtube videos:



English:

https://youtu.be/b1BattnY9ms (https://youtu.be/b1BattnY9ms) (Crypto Ellis)
https://youtu.be/AXZGera6Og8 (https://youtu.be/AXZGera6Og8) (crypto investment)
https://youtu.be/1gF2YX-adSM (https://youtu.be/1gF2YX-adSM) (crypto Matt)
https://youtu.be/SMiw1KxxHmI (https://youtu.be/SMiw1KxxHmI) (Xperts Studio)
https://youtu.be/EnOCrZCkCWs (https://youtu.be/EnOCrZCkCWs) (crypto ivy)
https://youtu.be/_aMpYgqXItM (https://youtu.be/_aMpYgqXItM) (Ayman Mufleh)
https://youtu.be/OVLKlWM9T4A (https://youtu.be/OVLKlWM9T4A) (crypto Jogi)
https://youtu.be/2gEed8zVvE0 (https://youtu.be/2gEed8zVvE0) (Chris)
https://youtu.be/GyKLeX5lomw?t=61 (https://youtu.be/GyKLeX5lomw?t=61) (project moon gold)
https://youtu.be/RhZEFnGVJVM (https://youtu.be/RhZEFnGVJVM) (AlienCrypto)
https://youtu.be/xlKIIvuDRbA (https://youtu.be/xlKIIvuDRbA) (All About Crypto)
https://youtu.be/cy5KiEcfZJ0 (https://youtu.be/cy5KiEcfZJ0) (Prime Investors)
https://youtu.be/dhOPmJo47dg (https://youtu.be/dhOPmJo47dg) (Alexandrus)
https://youtu.be/HHlMr3Ebvmg (https://youtu.be/HHlMr3Ebvmg) (altcoinboss)
https://youtu.be/UJ6GjDDiWYE (https://youtu.be/UJ6GjDDiWYE) (Bilal Jasika)
https://youtu.be/HTljmxZ838s (https://youtu.be/HTljmxZ838s) (Crypto ARVI)
https://youtu.be/Qtn7uEZYsCQ (https://youtu.be/Qtn7uEZYsCQ) (Alexandrus Update!)
https://youtu.be/IWZQuaGM4bI (https://youtu.be/IWZQuaGM4bI) (crypto Fast)
https://youtu.be/sbT46Ki6Kp8?t=218 (https://youtu.be/sbT46Ki6Kp8?t=218) (CryptoXan)
https://youtu.be/HyNvI-L5gw0 (https://youtu.be/HyNvI-L5gw0) (Crypto Pablo)
https://youtu.be/HrbgcDm39u4 (https://youtu.be/HrbgcDm39u4) (Crypto Joker)
https://youtu.be/xfz6uSEkXlE (https://youtu.be/xfz6uSEkXlE) (Sarah World of Crypto)
https://youtu.be/A81tVjrnSFU (https://youtu.be/A81tVjrnSFU) (Crypto Ellis Update video Matrix!)
https://youtu.be/xRMbH8ieXBw (https://youtu.be/xRMbH8ieXBw) (Dapp Centre)
https://youtu.be/KqIRGmR6Y00 (https://youtu.be/KqIRGmR6Y00) (The Signalyst)
https://youtu.be/6Wjo3YR5ig8 (https://youtu.be/6Wjo3YR5ig8) (Nate Crypto)
https://youtu.be/0oZR8VZQvtQ (https://youtu.be/0oZR8VZQvtQ) (Up Next Crypto)
https://www.youtube.com/watch?v=Ktfe95UGRVM (Crypto Love)


Indian:

https://youtu.be/pjk3aWHIfXg (https://youtu.be/pjk3aWHIfXg) (Earn with Sapna) (Indian)
https://youtu.be/OgHTAg7RDG4 (https://youtu.be/OgHTAg7RDG4) (Earn with Sapna) (Indian)
https://youtu.be/rbKOKq2Msiw (https://youtu.be/rbKOKq2Msiw) (crypto boat) (Indian)
https://youtu.be/lQmwg_RIEWU?t=326 (https://youtu.be/lQmwg_RIEWU?t=326) (sapna update) (Indian)
https://youtu.be/sZEB1jv4nN0 (https://youtu.be/sZEB1jv4nN0) (CRYPTO SAAF) (lndian)

Russian:

https://youtu.be/vdYgnsI5Onk (https://youtu.be/vdYgnsI5Onk) (ИHTEPHET ЗAPAБOTOК) (Russian)
https://youtu.be/9Ma5nIedYsw (https://youtu.be/9Ma5nIedYsw) (ИHTEPHET ЗAPAБOTOК) (Russian)
https://youtu.be/tXufhsIt9Z8 (https://youtu.be/tXufhsIt9Z8) (Rebooting the world) (Russian
https://youtu.be/AF1x4ZyGhaM (https://youtu.be/AF1x4ZyGhaM) (Crypto Jogi) (Russian)
https://youtu.be/0O9iueN8wJI (https://youtu.be/0O9iueN8wJI) (crypto shark) (Russian)
https://youtu.be/kxuy4EVHo7E (https://youtu.be/kxuy4EVHo7E) (made in blockchain) (Russian)
https://youtu.be/Lx1ISwqIu-A (https://youtu.be/Lx1ISwqIu-A) (Кpиптo Бaтeнькa) (Russian)
https://youtu.be/kN7_On1RgdM (https://youtu.be/kN7_On1RgdM) (Avseenko-life) (Russian)
https://youtu.be/XWslWjpZ53o (https://youtu.be/XWslWjpZ53o) (Roman Pushka) (Russian)
https://youtu.be/bzprWLqDyvE (https://youtu.be/bzprWLqDyvE) (Avseenko-life) (Russian)
https://youtu.be/cBUFw0HS8hw (https://youtu.be/cBUFw0HS8hw) (КAК ЗAPAБOTATЬ B ИHTEPHETE C KOLYA NAZARENKO) (Russian)
https://youtu.be/-JuIpPWfjGA (https://youtu.be/-JuIpPWfjGA) (Crypto Dasha) (Russian)
https://youtu.be/HlzbqMbLk-M (https://youtu.be/HlzbqMbLk-M) (Crypto Baby) (Russian)

Turkish:

https://youtu.be/18hWgyk1284 (https://youtu.be/18hWgyk1284) (MonsterTrade) (Turkish)
https://youtu.be/oQ0MDyCE2Po (https://youtu.be/oQ0MDyCE2Po) (Crypto Masters) (Turkish)
https://youtu.be/Wn5280afjUI (https://youtu.be/Wn5280afjUI) (KriptoMonitor) (Turkish)
https://youtu.be/xcpog6B2Q2c (https://youtu.be/xcpog6B2Q2c) (Modern investors Channel) (Turkish)

Other:

https://youtu.be/M38gOWcr0v0 (https://youtu.be/M38gOWcr0v0) (CryptoKielas) (German)
https://youtu.be/8ixiZlBUrkE (https://youtu.be/8ixiZlBUrkE) (Charlie Gibona) (German)
https://youtu.be/079p6nE693g (https://youtu.be/079p6nE693g) (Pyramids Crypto) (Arabic)
https://youtu.be/QY1Q_LLuFbY (https://youtu.be/QY1Q_LLuFbY) (China Crypto) (Chinese)
https://youtu.be/j5oW7PXFiew (https://youtu.be/j5oW7PXFiew) (MajeranekTV) (Polish)
https://youtu.be/4QSDNbxvNhg (https://youtu.be/4QSDNbxvNhg) (Crypto Matt) (Polish)

                                                                
                                                    Matrix AI and the robots. Let the revolution begin!


An exciting aspect of Matrix AI Network is that its AI resources can be applied to so many industries. Perhaps there is no most interesting industry than robotics.

The technology has advanced so rapidly that robots have the chance to revolutionize our world. Yet if robots are to reach their full potential, they will need significant AI power. With our network, Matrix AI has the opportunity to supply these desperately needed AI resources.

Matrix AI is collaborating on a robotics project with one of the largest manufacturers in China, TBEA.

TBEA is building smart mines to extract coal and other resources from the ground in the most safe, green, and intelligent manner possible - and without humans.

At the center of the program is a system of robots that power everything from crushing, storage, rail loading, belt conveyor, and warehousing.

In this project, Matrix AI network will supply AI processing, data storage, and real time communication for robots in the mining center.


Matrix AI Network hopes it can contribute to improving the industry’s safety and environmental impact through this collaboration with TBEA on intelligent robotic mining.
                                                                                                                                                                                                                            
              

              
                 You asked for it and we delivered! We are happy to announce the launch of our new website.  Stay tuned for more updates.]

                                                                             


                                                                                          Matrix AI Network
                                                           Another Great Leap for the Integration of Blockchain and AI

                              
                                                                https://pbs.twimg.com/media/EvUgbw8VEAAm0Dh?format=jpg&name=large
                                                  


                                                                                     https://www.matrix.io/index.html

                                                                    
                                                                    The following are some of Matrix Ai Network Partners


                                                                                              bitconch

                                                    https://bitconch.io/resources/shop/default/images/Family/Banner.png
The POR reputation consensus algorithm is a new algorithm proposed by Bitconch based on the social graph. Using a centralized reputation quantification system based on blockchain, POR can show each user's contribution to the entire network, including growth, security and stability.
POR adopts the concept of balance of power and designed a decentralized incentive system with anti-Matthew effect, which can ensure that new users and existing users, small users and large users have the same chance to receive system rewards.
POR can prevent the system from becoming centralized due to imperfect incentive mechanism design.


Bitconch uses a non-block and chainless data structure. Each node represents its own transaction history and reputation threshold. With the increase of transactions, the data threshold of each node gradually matures.
We use the directed acyclic graph to construct the mathematical model of each node.
This new type of data mechanism can be used to construct data connections between physical nodes and real users, so as to accurately construct large-scale user portraits.


A threshold R is defined to measure the credibility of nodes in the three dimensions of space, time and energy.
R records the number of transaction pairs of the user in space, the time the user is online, and the contribution of the user to the network in energy.
Or users can increase their online time, increase equity holding time, increase network contribution, increase the number of transactions, and increase the R value.

1 T：Time Activity   4 Middle Reputation Value
2 C：Contribution Act   5 Hight Reputation Value
3 D：Social Activity   6 Hyper Reputation Value


For small and micro transactions, mutual trust nodes can open "transaction channels" to perform high-frequency offline transactions.
If the social interaction between two nodes is frequent, it will be reflected as frequent transactions at the bottom of the blockchain, and it can be considered that these two points have a deep social relationship.
Bitconch's Bit-R score will provide technical support for starting the Lightning Network, and the reputation score of a node will determine whether the node needs to deduct the deposit when starting the Lightning Network.


https://bitconch.io/

                                                                                  Capital Airport Group Corporation

                  
                                                                                    http://www.cah.com.cn/u/cms/sss/201508/180905455teo.jpg


Capital Airport Group Corporation (CAH in English) is affiliated to the Civil Aviation Administration of China, and is a large, cross-regional state-owned enterprise group with the airport industry as its core.


    After years of development, Capital Airport Group Corporation has now become one of the largest airport management groups in the world. As of the end of 2019, the group company’s assets under management exceeded 200 billion yuan, with 52,100 employees. It manages 53 main-branch airports in 7 provinces, municipalities and autonomous regions including Beijing, Tianjin, Hebei, Jiangxi, Jilin, Inner Mongolia, Heilongjiang, and 127 affiliated companies, forming airport management, service guarantee, airport construction, airport real estate, aviation logistics, finance The business layout of the coordinated development of 8 sectors including securities, hotel management, and financial investment.

In terms of the development of the main business, in 2019, the passenger throughput, cargo and mail throughput and transportation of the airport of the entire group reached 224 million passengers, 2.678 million tons, and 1.559 million vehicles, respectively, representing a year-on-year increase of 3.5%, -2.7%, and 0.8%. . The Capital Airport once again achieved a passenger throughput of over 100 million.

In 2020, the overall work thinking of the group company is further clarified as "1-4-3-4-1": "1" means to unify thoughts and actions, and unify thoughts and actions to the spirit of General Secretary Xi's important instructions; "4 " is, In charge of the " four services " , serving the national strategy, serving local development, serving the majority of passengers, and serving airlines; "3" means implementing the " three strategies " , implementing the new airport strategy, the dual hub strategy, and the airport cluster strategy; "4 "Yes, to build a " four-type airport " , to build a " safe airport, a green airport, a smart airport, and a cultural airport " ; "1" is to build a " world-class " and build a world-class airport management group with innovative capabilities and international competitiveness .


https://en.wikipedia.org/wiki/Capital_Airport_Holding

https://en.wtcf.org.cn/InstitutionalMembers/201406276068.html

http://www.cah.com.cn/index.jspx

https://relationshipscience.com/organization/capital-airports-holding-co-538911

                                                                                                       Megvii


                                                                                         https://cdnstatic.megvii.com/websiteFE/static/img/solutions/Smart_Traffic_Management_Solution/Smart_Traffic_Management_Solution_banner_mini.e8292596.jpg

https://cdnstatic.megvii.com/websiteFE/static/img/solutions/Device_Authentication/Device_Authentication_banner_mini.404d2221.jpg


https://cdnstatic.megvii.com/websiteFE/static/img/solutions/Empowered_by_Embeded_SDK/Empowered_by_Embeded_SDK_banner_mini.962f3094.jpg


Leader and Practitioner in AI

Megvii is a global leader in AI products and solutions.
Our core competency is deep learning, a key driver of the AI revolution
We focus on areas in which algorithms can create critical value: Personal IoT, City IoT and Supply Chain IoT.
We provide customers with full-stack solutions that integrate algorithms, software and hardware.

Founded in 2011, Megvii currently has about 3,000 employees.
We have a global presence, serving hundreds of thousands of developers and over 3,000 customers across a variety of industries.

World-Leading Technological Strengths

Megvii operates the world’s largest computer vision research institute.Our research team has developed advanced algorithms that have laid the foundation for many of the world's cutting-edge AI applications. Since 2017, we have won a total of 40 world championships in various leading international AI competitions.In 2019, we made history by winning our third consecutive title at the International Conference on Computer Vision’s Common Objects in Context (COCO) Challenge, one of the most prestigious global competitions in the field of computer vision.

Megvii is one of the few companies in the world with a proprietary deep learning framework. MegEngine, one of the three primary components of Brain++ architecture, was officially made open source in 2020.


Tsinghua Founding Team


Inch

Co-founder and CEO

Graduated from Tsinghua University's Yao Qizhi Experimental Class, Ph.D. dropped out of Columbia University to start a business, and first-stage student of Lakeside University Member of the National Professional Committee of New Generation Artificial Intelligence Governance, Davos 2019 Young Global

Tang Wenbin

Co-founder and Chief Technology Officer

A graduate of Tsinghua University's Yao Qizhi experimental class, a master's degree in computer science from Tsinghua University, and the head coach of the China Informatics Olympic training team for 7 years, the fifth player in China to win the TopCoder Target. The robot network operating


Yang Mu

Co-founder and senior vice president

Graduate of Yao Qizhi Experimental Class of Tsinghua University, and a gold medalist in the International Information Programming Olympiad. Making mobile phones smarter and smarter is the number one promoter of "Face++ inside" defiance.


https://en.megvii.com/

https://en.wikipedia.org/wiki/Megvii

                                                                                        

                                                                                       Texas Instruments


            
                                    
                                         https://www.ti.com/content/dam/ticom/images/applications/space/leo-satellite-constellation.jpg





Texas Instruments Incorporated (TI) is an American technology company headquartered in Dallas, Texas, that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally.[6] It is one of the top 10 semiconductor companies worldwide based on sales volume.[7] The company's focus is on developing analog chips and embedded processors, which account for more than 80% of its revenue.[8] TI also produces TI digital light processing technology and education technology[8] products including calculators, microcontrollers and multi-core processors. The company holds 45,000 patents worldwide as of 2016.[9]

Texas Instruments emerged in 1951 after a reorganization of Geophysical Service Incorporated, a company founded in 1930 that manufactured equipment for use in the seismic industry, as well as defense electronics.[10] TI produced the world's first commercial silicon transistor in 1954,[11] and the same year designed and manufactured the first transistor radio. Jack Kilby invented the integrated circuit in 1958 while working at TI's Central Research Labs. TI also invented the hand-held calculator in 1967, and introduced the first single-chip microcontroller in 1970, which combined all the elements of computing onto one piece of silicon.[12]

In 1987, TI invented the digital light processing device (also known as the DLP chip), which serves as the foundation for the company's award-winning DLP technology and DLP Cinema.[12] TI released the popular TI-81 calculator in 1990, which made it a leader in the graphing calculator industry. Its defense business was sold to Raytheon in 1997; this allowed TI to strengthen its focus on digital solutions.[13] After the acquisition of National Semiconductor in 2011, the company had a combined portfolio of 45,000 analog products and customer design tools.[14] In the stock market, Texas Instruments is often regarded as an indicator for the semiconductor and electronics industry as a whole, since the company's products are used in almost all electronic products


https://www.ti.com/

https://en.wikipedia.org/wiki/Texas_Instruments

https://twitter.com/txinstruments

                                                              
                                                                                                      HEKR
                                                                        


                                                                        https://www.hekr.me/img/logos/logo-white.png




                                                                      Building the Internet of Everything to Empower the 5G Era


Helium Krypton provides professional IoT services such as IoT platforms, IoT edge computing, smart buildings, and urban public safety, allowing customers to lead the 5G era

                                                                                     professional service

Helium Krypton’s IoT platform capabilities accumulated for many years enable customers to efficiently build IoT industry applications, while providing software and hardware integrated smart buildings and urban security products in vertical fields

                                                                         Internet of Things Platform — IoTOS

The IoT platform IoTOS is aimed at terminal equipment vendors, system integrators, application service providers, capability providers, etc. in the field of IoT, providing efficient and convenient device integration, data analysis and application development capabilities, so as to enable customers in the general trend of the Internet of Everything Zhong firmly occupies the leading position.

                                                                          IoT Edge Operating System — EdgeOS

EdgeOS is a lightweight IoT operating system designed to adapt to edge-side resource-constrained devices. It has core functions such as industrial protocol analysis, data filtering and distribution, and has the advantages of cross-platform, easy-to-use, and secondary development.

                                                                      Intelligent Building Operating System — IBOS

IBOS is a major upgrade to the traditional IBMS. It is an intelligent building dynamic management system that truly combines cloud computing, Internet of Things, big data, visualization and other new-age technologies, making buildings smarter, more efficient in management, and with the vitality of sustainable development.

                                                              Urban public fire safety monitoring platform -Weixiaobao

Weixiaobao is a real-time monitoring platform that manages the network of large-scale firefighting infrastructure at the metropolitan level. It has the capabilities of real-time fire perception, accurate data analysis, and targeted alarm push. Through the visualization of firefighting big data and the associated analysis of big data, the firefighting data can generate value and create a new model of smart fire safety management.


                                                                                       Our advantage

Focus on professional
Deeply cultivated in the field of Internet of Things for 6 years, just to polish the few boutiques

Leading technology[/b
Really integrate cloud computing, big data, Internet of Things and other advanced technologies that have flourished in recent years with traditional industries

Tireless in actual combat
Serving 400+ customers, landing 800+ projects, connecting 500W+ devices


Helium Krypton is committed to providing advanced IoT products and solutions in the 5G era, and continues to cultivate in vertical fields such as smart buildings and urban public safety. Looking forward to in-depth cooperation with communication equipment, cloud computing, big data, Internet of Things, 5G industry manufacturers, design institutes, etc.


https://www.hekr.me/index.html

                                               
                                                  Let’s talk about one of most significant advances for this year for Matrix AI Network:

                                                                         
                                                                      AutoML - Automated Machine Learning.



Matrix AI is preparing to offer AI services on our network.  We created one of the most unique blockchains in the space by allowing a majority of the chain’s processing power to be devoted to AI processing. This will lower costs, increase security, and democratize access to AI.

AI services from Matrix AI and other companies are likely to revolutionize the world as we know. But before science fiction becomes reality, AI needs to become easier to use.

At the moment, most AI needs highly specialized experts to fine tune algorithms. Choosing the right model, parameters, and features among other things requires significant experience.

For some of the most advanced AI, for example specialized aspects of robotics, there may be only a few hundred people in the world capable of developing algorithms.

This is where AutoML comes in. AutoML is a rapidly growing area that aims to automate the work of AI professionals. Google has been one of the pioneers in this field.

For example, AutoML can ingest a set of data such as images and automatically identify features with very little input from humans. AutoML iterates through data to find the best model or transfers learning from other existing models before producing a complete model.

What this means for Matrix AI is that with AutoML, our AI services will be available to a much broader base of clients. Basically any company that wants to transform its business with AI at a lower cost than Google or Amazon will be a potential customer.

We are excited about AutoML on the Matrix AI Network. Our expectation is to have it ready by summer.  The future is almost here!

       We will be hosting a live AMA via Telegram this Sunday with #MatrixAI CEO Mr Owen Tao! We will also be giving away $100 worth of #MAN for the 10 best questions. Please join us on TG this Sunday 4th April at 15:00 UTC/17:00 CEST/11:00 EST


                                                       https://twitter.com/matrixainetwork/status/1377228599317692425?s=28


                                    https://pbs.twimg.com/media/ExzmHF5XIAUExmb?format=jpg&name=small


                                                                          https://t.me/matrixainetwork/815650

This is big, doctor Steve Deng is in, and many other squint eyers from asian scientific circles are to chime in to help matrix network internalize all the best from the field of AI research and from the planes of experience each of these guys have gained over the years. One question arises, what makes u think Deng and other are real? U posted the pics, how can u prove that Deng exists?

                                                  MATRIX IS AN INTEGRATION OF AI AND BLOCKCHAIN TO CHANGE THE GAME!!

                                                     Crypto ARVI
                                                     91.4K subscribers

                                                                   https://www.youtube.com/watch?v=HTljmxZ838s&t=1s
                                                                         

I found out that his other name is Yangdong Deng and you can find him in linkedin - https://www.linkedin.com/in/yangdong-deng-9577631a/?originalSubdomain=cn

https://i.ibb.co/cvgNDC5/Screen-Shot-2021-04-01-at-5-37-13-AM.png

This is the site where I got his alias name - https://www.topionetworks.com/people/steve-deng-5b19412f105eb50efedc6647

There is article also about the conversation of the author to Dr. Deng - https://aithority.com/ait-featured-posts/a-conversation-with-dr-steve-deng-chief-ai-scientist-for-matrix-ai-network/

Seems that this person is real so far. They can also do an AMA with Dr. Deng so we will see him in person live.

its in the front page....

                                                                      
                                                                       Here is the second bi-weekly report of march!



                                                        https://pbs.twimg.com/media/Ex5W1GoWgAAR75G?format=jpg&name=medium

                              Breaking News!MatrixAI Network has entered into a strategic partnership with KBCI (Korea Blockchain Institute              
                                               revolving around blockchain, artificial intelligence, and other areas.




Drawing upon its expertise, MatrixAI will provide technical assistance for the "China Korea Industrial Park" and other projects in which #KBCI is involved, covering a range of fields including smart manufacture, smart city,
                                                
This partnership is a milestone in Matrix's endeavor to implement its technology worldwide. In the near future, MatrixAI products will have a place in the Korean market, radiating further on to entire East Asia.

KBCI is a professional educational blockchain institution established in 2018. With the financial backing of the Ministry of Science,Technology, Information and Communication of the Korean Government, they will train 10,000 Artificial Intelligence and blockchain experts by 2022.

MatrixAI will no doubt have an integral role collaborating with their #AI ambitions. The Korean crypto market has recently taken over the traditional stock market in terms of market cap, which gives an indication of the enormity of this deal.

We plan to release more details in our forthcoming AMA on #Telegram this Sunday with MatrixAI CEO Mr Owen Tao - http://t.me/matrixainetwork. Lots more to come from #MatrixAI over the coming weeks and months! Stay tuned!$MAN MatrixAi #AI




http://www.wtbi.or.kr/main/

http://korea.people.com.cn/n1/2020/0716/c407366-31786386.html

https://twitter.com/MatrixAINetwork/status/1378008976974098432?s=19

                                              
                                                           04-04-2021 LIVE A.M.A WITH Mr OWEN TAO  CEO OF MATRIX  AI  NETWORK


      


Selami Sahin, [04.04.21 18:02]
Welcome to this Ama!

Selami Sahin, [04.04.21 18:03]
Community have a lot of questions for you, i will try to ask some of them!

Selami Sahin, [04.04.21 18:03]
Are you ready mister Owen?

Owen Tao, [04.04.21 18:04]
Hi everyone, its Owen here, ready for your question:)

Selami Sahin, [04.04.21 18:05]
Thank you very much!

Selami Sahin, [04.04.21 18:05]
Maybe we start about this question

Owen Tao, [04.04.21 18:05]
im ready Selami

Selami Sahin, [04.04.21 18:05]
Can you please give us more details about the cooperation with Kbci, Korean blockchain institute ? What we need to understand about this cooperation?

Owen Tao, [04.04.21 18:08]
The first project for us is building the ‘China Korea Industrial Park together, we will offer the AI and blockchain tech support to the project in smart city, intelligent industry and so on. And also, we will be participate in more project in AI and blockchain industry in Korea with KBCI. Matrix is an international project, we need to explore our market, Korea is a very good market for us, and in the future, we wish our tech will serve the people all over the world.

Selami Sahin, [04.04.21 18:09]
Thats amazing news!

Selami Sahin, [04.04.21 18:10]
Lets continue !

Selami Sahin, [04.04.21 18:10]
How far we are now with the coorporation with Tbea ? Smart coal mining project?

Owen Tao, [04.04.21 18:14]
ready for the next 1

Selami Sahin, [04.04.21 18:14]
yes thanks!

Owen Tao, [04.04.21 18:15]
The smart goal is a 3 years cooperation with TBEA, we have finished the engineering design and network architecture design, the next stage we will begin the engineering construction and core algorithm training work.

Selami Sahin, [04.04.21 18:16]
thats impressive!

Selami Sahin, [04.04.21 18:17]
Another question that many of us wants to know!

Selami Sahin, [04.04.21 18:17]
Is Matrix still involved in the Obor project ?

Owen Tao, [04.04.21 18:21]
Yes, we have some projects in Xinjiang province, those are basic parts of OBOR project.

Selami Sahin, [04.04.21 18:21]
thats good to know that Matrix is still involved in this great project!

Selami Sahin, [04.04.21 18:21]
lets go to the next question!

Selami Sahin, [04.04.21 18:22]
A very hot topic those days are the NFT!

Selami Sahin, [04.04.21 18:23]
When Matrix will release its first NFT projects ? And what kind of Nft ?

Owen Tao, [04.04.21 18:23]
It should be by the 2nd half of this year, the first one should be AI art – arts created by artificial intelligence.

Selami Sahin, [04.04.21 18:24]
Wow thats huge news!! i think Matrix will be the first one on this field! Ai art created by AI!

Selami Sahin, [04.04.21 18:25]
Can you make a step by step Medium guide how to swap? If they follow the steps will coins be swapped instantly or is there still a manual process needed by Matrix?

Owen Tao, [04.04.21 18:26]
Yes, we will offer a detailed swapping guide. Its still a manual process right now.

Selami Sahin, [04.04.21 18:27]
Whats the reason that some people still didnt get the swapped Man coins?  Where they can send an email ? Can you soon look into it please?

Owen Tao, [04.04.21 18:30]
If you dont finish your swap, please send a mail to tokenswap@matrix.io, our staff will deal with that.

Owen Tao, [04.04.21 18:31]
please dont be worry, each transaction for swap will be done correctly.

Selami Sahin, [04.04.21 18:31]
Thats good to know! Nobody need to worry then!

Selami Sahin, [04.04.21 18:32]
Lets go to the next question!

Selami Sahin, [04.04.21 18:32]
There are almost no updates on Github! When do we get many daily/weekly updates on Github?

Owen Tao, [04.04.21 18:32]
We will resume daily updates very soon, mostly on AI services and the NFT parts.

Selami Sahin, [04.04.21 18:33]
Thats great to know! Soon more updates on github!

Selami Sahin, [04.04.21 18:34]
Another important question, that many of the members asked is:

Selami Sahin, [04.04.21 18:34]
Do we have any update about the huobi swap? Why Matrix dont put a deadline for this swap?

Owen Tao, [04.04.21 18:35]
Not a deadline yet, the huobi has offered some new requirements and we are trying best to meet all of them soon.

Selami Sahin, [04.04.21 18:36]
Thats a good update then! I hope not so hard requirements!

Selami Sahin, [04.04.21 18:36]
Another question that apoc holders asking lot:

Selami Sahin, [04.04.21 18:36]
A while ago you told that you find the bug in the apocs , is it now fixed ? Because not all apocs working? Any time frame when this will get fixed ? And when apoc holders will get a compensation?

Owen Tao, [04.04.21 18:41]
We have find a bug and fix it, that has already make most of the apocs work normally. But I think there is still some problems with the network in Xinjiang miner factory. They will increase bandwidth recently. And if the problems still exist, the miner company will move them to a new factory.

Owen Tao, [04.04.21 18:41]
And also, I will ask the miner company to offer the plan for compensation ASAP.

Selami Sahin, [04.04.21 18:41]
Very good news for all the apoc holders!

Selami Sahin, [04.04.21 18:42]
Keep us updated please!

Selami Sahin, [04.04.21 18:42]
Lets move to the next question!

Selami Sahin, [04.04.21 18:42]
In the last Ama’s we seen that many ai services will get paid in Man coins, and what will happen to this man coins ? You plan to burn it after ? So the supply will always decrease then?

Owen Tao, [04.04.21 18:44]
We can’t burn all of these MAN coins, because they will be sent to the miners who have offered computing power and the AI scientists who created the AI services. If the services is created and provided by Matrix team, that parts of MAN will be burned.

Selami Sahin, [04.04.21 18:45]
So a part of the man coins will get burned! Thats amazing!

Selami Sahin, [04.04.21 18:46]
Another hot topic are those DEFI projects!

Selami Sahin, [04.04.21 18:46]
Matrix have any plans about a Defi project ?

Owen Tao, [04.04.21 18:47]
Yes, and we are working on the cross-chain function, we wish to connect the BSC with a great cooperative DeFi together. The cross-chain function will serve our NFT platform too in the future.

Selami Sahin, [04.04.21 18:48]
Wow amazing! So Matrix is working for a Binance Smart Chain project?

Selami Sahin, [04.04.21 18:49]
Binance Smart Chain with a Defi project together?

Owen Tao, [04.04.21 18:52]
Yes, soon BSC with a defi project!

Selami Sahin, [04.04.21 18:52]
wow thats realy huge huge huge news!!!!

Selami Sahin, [04.04.21 18:53]
lets go to the next question!

Selami Sahin, [04.04.21 18:54]
Most succesfull projects doing token burn, do you have also plans to burn some man coins ?

Owen Tao, [04.04.21 18:54]
Yes, we have some plans. Such as on the NFT plat, if you create a NFT on Matrix, you need to burn some MAN.

Selami Sahin, [04.04.21 18:55]
Thats very good for the man holders! This means that the supply will decrease! And price will increase!

Selami Sahin, [04.04.21 18:56]
lets go to the next one!

Selami Sahin, [04.04.21 18:56]
You are experienced in gaming. Will MAN incorporate NFT in the gaming industry? Does MAN intend on releasing more game apps?

Owen Tao, [04.04.21 18:59]
At the very beginning, the NFT of Matrix will focus on AI area, but we’d like to introduce some game’s elements and rules in to Matrix’s NFT platform to make it more interesting and easier to spread. In the future, we have some plan to provide services for students’ robot programming competition, that’s more like game I think.

Selami Sahin, [04.04.21 18:59]
Thats amazing to hear!

Selami Sahin, [04.04.21 19:00]
A last question and then we will open the channel , and community can drop their questions!

Selami Sahin, [04.04.21 19:01]
As we know recently a new marketing team started working, how many people working in this new marketing team , and they focus only on the Chinese market? Is it possible that you share a video of this new marketing team? Chinese market is the biggest one in the world, how you plan to do marketing in China? Whats youre targets?

Selami Sahin, [04.04.21 19:03]
After the answer on this question, i will open the channel for 3 minutes! Prepare now youre questions! 1 person can  send maximum 3 questions! Mister Owen will chose 10 questions and answer, the selected questions will get rewarded with 100 man coins each ! You can dm youre man wallet adress if youre question is selected!

Owen Tao, [04.04.21 19:06]
There are 6 people in the team and responsible for different work area. The main work for them is to build a Chinese community for Matrix. They wish to attract 20,000-50,000 fans in the first year. I will ask them to come to telegram to share more information about their team later.

Selami Sahin, [04.04.21 19:06]
Yes its a great idea, to do an Ama with the marketing team soon here!

Selami Sahin, [04.04.21 19:07]
This was the first part of the Ama, thank you very much mister Owen for youre answers!

Selami Sahin, [04.04.21 19:07]
Now i will open the channel for 3 minutes, and you can drop max 3 questions! After i will mute the channel again

Chichima, [04.04.21 19:10]
Binance Smart Chain (BSC) is trending right now. Is your project  interested or is there a plan to enter the world of BSC?

Owen Tao, [04.04.21 19:15]
[Em resposta a Chichima]
Yes, whether for MAN's liqulity or our NFT project, BSC is an important circulation platform. Its an important chain for our cross-chain bridge.

Furiosa III Chan, [04.04.21 19:10]
Is MATRAIN compatible with any future development?

How was the automated machine learning platform developed on Artificial Intelligence and what is the advantage of performing machine learning on a Matrix node to obtain artificial intelligence models?

Owen Tao, [04.04.21 19:19]
[Em resposta a Furiosa III Chan]
At first, the goal of MAN network is building a decentralized computing plat form, we want to attract more and more free computing power to join us. That means a lot to deep learning, at first, the free computing power offered by users means we have cheaper computing powers. And training on decentralized plat will make the AI scientists’ models really be his/her own asset.

Furiosa III Chan, [04.04.21 19:10]
What are the differences and advantages of Matrix 1.0 and Matrix 2.0 solutions?


How exactly MATRAIN works and how automatic machine learning What are the advantages it provides to the Matrix mainnet?

Owen Tao, [04.04.21 19:24]
[Em resposta a Furiosa III Chan]
In Matrix 1.0, our target is to build a high performance blockchain and a decentralized computing platrform. In 2.0 our aim is to build a complete artificial intelligence ecology including the decentralized computing platrform, the data assetization platform, a AI models market and AI service platform. We wish to promote the development and daily application of artificial intelligence by offering cheaper computing powers and more high quality data.

Iron Man, [04.04.21 19:12]
"STAKING" is one of the STRATEGIES to ATTRACT USERS and HOLD Them long term.

Does your GREAT PROJECT have plan about Staking?

Owen Tao, [04.04.21 19:26]
[Em resposta a Iron Man]
Yes, staking is an important part of Matrix, whether you want to be a miner or valicator in Matrix, you need to stake MAN first! We will offer more roles in NFT platform who needs to stake MAN to gain revenue.

SARPİŞKOOO..., [04.04.21 19:12]
Also, does the Chinese state give its support to Neo coin to Man coin? Neo has come a long way in 7 years, how long do you think it takes for Man coin to achieve the same success?

Owen Tao, [04.04.21 19:29]
[Em resposta a SARPİŞKOOO...]
In fact, I dont think Matrix is in the same track with NEO, we are focusing AI enabled blockchain and decentralized AI plat form more. But if you mean how long we can be as famous as NEO, we hope we can achieve that in 1 or 2 years.

zafer metin, [04.04.21 19:12]
What role does MASO take on the full Matrix main network and how does its AI-focused work in the verification of data algorithm models make it different from other verification services?

Owen Tao, [04.04.21 19:31]
[Em resposta a zafer metin]
MASO is a distributed AI service platform built on Matrix mainnet. Its functions include automatic AI model training, AI algorithm model authentication, algorithm model transaction and paid access to algorithm models through API. The role of MASO is very important, cause the users can real use our service on Matrix through it. In the future, I think the AI tech will be more and more important. So there will be a huge market and millions of users for MASO.


Hocchena Bal, [04.04.21 19:11]
Do you have any plan for building Nfts into your eco system because that is the hottest topic on crypto space?


Owen Tao, [04.04.21 19:40]
[Em resposta a 👾Hocchena Bal😈]
If you have read our greenpaper, you will find out, we had made ‘Converting users' data, computing power, and algorithms into personal digital assets’ as a target long ago. Till now, the NFT is a very good and popular method to do ‘digital asset authorization’, that’s why we choose it. It’s relatively mature and will take us less resources to teach the users.

Lucy, [04.04.21 19:11]
One of the biggest issues for dapps is onboarding. What solutions do you have or the  team found for try to resolve this problem?

Owen Tao, [04.04.21 19:43]
[Em resposta a Lucy]
We have a different plan with other chains. We wish to attract more free computing powers via the decentrialized computing platform, and more people to update their datas on matrix via the IPFS and data capitalization system. When we have enough data and computing powers, we will attract more AI scientists to training AI models on Matrix. And then, there will be lots of developers coming to us to build DApps on Matrix based on those great AI models.


STIVE, [04.04.21 19:11]
🔴 What is the role of token in the ecosystem? Where can users currently buy it, and what would be its use?

Owen Tao, [04.04.21 19:47]
[Em resposta a STIVE]
On Matrix AI Network, MAN tokens are used for rewarding, pricing and digital asset authentication. You stake it to apply to be miner or valicator on Matrix or use it in our AI service palt form or NFT platform.

Owen Tao, [04.04.21 19:49]
Sorry I cant answer all of your question, may be Selami can help me to collect the unanswerred questions together, I will look into them one by one and answer them later when im free.

Owen Tao, [04.04.21 19:53]
in the near future, there would be a great medical funtion launch on Matrix. You will get more information later.

Owen Tao, [04.04.21 19:55]
Thanks everyone, for your supporting and suggestions.

                                              
  Good news for USDT users! Due to the recent rise in price and trading volume of $MAN on KuCoin as well as the #MatrixAI community's
   feedback, KuCoin are launching a MAN/USDT trading pair at 17:00 (GMT +8) on Wed Apr 7th 2021, replacing the MAN/ETH trading pair! !



                                  https://pbs.twimg.com/media/EyR2O3FXEAE5c2R?format=jpg&name=small




                                                https://twitter.com/matrixainetwork/status/1379357387568656385?s=28

                                                Another good article about Matrix Ai Network from Matrix Ai follower Steadydee  6-4-2021
                                                                                    


                                                       Matrix AI Network 2.0 — A Chat with AI Architect Steve Deng




With the crypto market heating up this year, it seemed like a good time to check back in with the Matrix AI Network team. Since I wrote a 2019 Year in Review article about Matrix, Professor Steve Deng, Chief AI Architect for the project, was open to answering some questions from me.

                                                              
                                        https://miro.medium.com/max/700/1*5BTYwfXcqI2g60LSiRRvyw.png



Some will remember that Matrix AI Network first appeared on the global crypto stage in 2017 at the end of the last great bull run with an ICO. Their design was to reengineer Ethereum into a hybrid PoW/PoS network that would dedicate most of the network’s computing resources into AI processing. The vision was to democratize AI by offering cheaper and more secure AI services as compared to Google, Amazon, and Tencent.
Within a couple years, Matrix had successfully built a stable blockchain and was preparing to roll out an AI platform and offer services to companies in China when Covid-19 hit. The global pandemic triggered a massive shutdown in China and exacerbated a crypto bear market that drastically depressed prices for all crypto tokens. Many crypto projects struggled during this period and Matrix was no different. Work slowed to a crawl and some team members left the project.



                                              https://miro.medium.com/max/700/0*hlKOz4dBrGLFc3F5.png



Fast forward to early 2021 and the crypto market is humming once again. I recently checked back in with some members of the team and with the English Telegram group and it appears that Matrix AI Network has emerged more dedicated than ever to realizing their goals. The team has been reorganized, a new roadmap issued, a new website launched, and communication stepped up. In addition, they are working on new projects including NFTs for AI created art and data / algorithm ownership, and AutoML that allows novices to train AI algorithms.
Most importantly, professor Deng is still actively involved in the project. Deng is commonly viewed as one of the foremost experts in AI in China and he has an impressive resume to show for it. He has authored over 50 papers at Tsinghua University, which is considered the MIT of China. His textbook is used at the university and his team of students have won numerous international AI challenges against teams from Google and Facebook.
Deng has received significant grant money from the Chinese government for his work and he has participated in multiple national level research projects. Since 2016 he has also served as a principal architect for one of China’s largest rail companies. For Matrix AI Network, his vision for a worldwide, decentralized AI network drives the project.

Now on to some questions.


QUESTION: Before we get started, I wanted to say thank you professor Deng for taking my questions. My first question is how would you explain the benefits of Matrix AI Network?

ANSWER: It’s my pleasure. In answer to your question, Matrix is designed to serve as a platform for AI computing. First, it offers cheap data storage and also guarantees the privacy and accountability of data usage. Second, it allows the trustworthy transaction of data and AI models on the Matrix blockchain. Third, it enables cost-efficient computing for AI model building. Google & Co. have the financial power, they can generate enormous computing power, they already have a lot of data possession, but they are centralized.

QUESTION: Do you believe that Matrix AI Network is going to advance the field of AI?

ANSWER: Yes, Matrix is designed to take AI to a new level. The basic idea is to protect the ownership of data and AI models by leveraging the power of blockchain and at the same time offer cost-efficient computing power for AI model building. Without blockchain, people do not want to share data and AI models because the usage cannot be traced and the returned value cannot be fairly assigned. Meanwhile, blockchain networks can potentially integrate significant computing power. Such power would be essential for AI applications (over one half of AI companies claim that they need more computing power but the cloud services are too expensive). From this point of of view, we want Matrix “to be the ultimate platform for AI usage in the future”.


                                        https://miro.medium.com/max/700/1*uI7z0UyJVPUYO87cwniTKw.png


QUESTION: Could you please describe in detail why Matrix will be able to challenge the big players? Is the key to Matrix’ success its decentralization?

ANSWER: Yes, the key is decentralization. Big players are not perceived as trustworthy service providers as they can potentially abuse user data. In addition, as all big players in data storage are also key players in data service, it’s easy for them to cross ethical borders. For instance, we already know that Facebook had such cases.

QUESTION: Why should Matrix be the first choice for AI scientists, data holders and AI clients?

ANSWER:Let’s say I am an AI scientist. I create AI algorithms for a certain issue. Now it’s up to me. Shall I use Google Cloud? They may steal my algorithms or they may steal my data. If I use Matrix AI, all algos (algorithms) and data will be safe. And I will earn money if others use my algos and my data. So yes, Matrix should be my choice over Google and others.
Another example: If all airports worldwide put their data into the Matrix Network each airport will profit from the mass of data (e.g. weather forecast). They will all use algos from the Matrix Network and of course the computing power This will be like a big orchestra where every participants profit from each other. And of course the algorithm developers will earn money if the airports use their algos.

QUESTION: What is the approach to bring data to the Matrix AI Network?

ANSWER: At the present time we are developing a mechanism to attract people to contribute their data and AI models to the platform by building a platform that maintains and guarantees the “digital right” of these data and models on the blockchain. Given a sufficient amount of data, an ecology with value can be built.

QUESTION:Which field of technology will be the first for Matrix to gain real-world mass adoption?

ANSWER:It’s really hard to say. I would say AutoML and NFT(non-fungible tokens) may be such applications.


                                        https://miro.medium.com/max/700/1*SDfgXLKtykncN_jOqwGTmw.png


QUESTION: How will Matrix AI compare to Google and Tencent in terms of performance?

ANSWER: Let me be specific. The cloud performance can be measured in various metrics. The most common metrics are latency (the time between the submission of data and the completion of computation), throughput (the overall jobs finished in a given period of time), and efficiency (number of jobs finished on a given node within a given period of time). The clouds of Google and other big players tend to have a lower latency and efficiency as the hardware are centralized, i.e. highly optimized and standardized. On the other hand,the throughput can be higher if we do have a sufficiently larger number of computing nodes in the network.

QUESTION: How fast is the Matrix AI network?

ANSWER: The stable Transactions Per Second (TPS) measured from the main net is 12499 (12.5K). It is achieved by a special hierarchical mining mechanism in which miners can collaborate to attain a high TPS. It is the fastest blockchain.

QUESTION: Does the speed of AI Calculating, and thus data supply for the AI algorithms, also depend on the TPS? Or is it just the internet bandwidth?

ANSWER: The speed of AI computation does not relate to TPS. The data supply depends on Internet bandwidth, not on TPS.

QUESTION:In what additional ways can the community contribute to Matrix AI Network?

ANSWER: That’s a very good question. We need community members to help us identify important applications and use cases in different countries. Also let’s see if we can get involved in various projects.
Thanks again to Professor Deng for answering a few of my questions. I’m looking forward to watching the next phase of this project evolve as Matrix AI Network works on bringing real world AI usage to their blockchain.


                                              https://miro.medium.com/max/640/0*sbR61LQI0q8m-KzK.jpg



                                https://steadydee.medium.com/matrix-ai-network-2-0-a-chat-with-ai-architect-steve-deng-4094d1eefd38

                                                                                
                                                                                The Beauty of the Matrix AI Network

                                                                             Understanding the great vision behind the Matrix Project

                                                                              By Dj Lee


                                              https://miro.medium.com/max/1280/1*bxhmForKl1khXfku1nLwbg.png


It has been silent around this project since COVID-19 shook the world last year with seemingly few updates, until recently. Despite all this, the Matrix AI team have been working diligently behind the scenes and have once again started to garner worldwide attention. We believe that we should put more effort into introducing the Matrix AI Network to the general public in a more simplified form. For many people, whether they have a general interest or a stake, it can sometimes be difficult to grasp the vision of Matrix AI as a whole. In addition, it may take a certain technical understanding as well as patience to read and understand the Matrix White and Green Papers — The first place you should refer to for a complete technical overview. This article aims to give an overview so that a wider audience can understand how the Matrix AI Network is going to change the whole game of AI. So let’s begin…

How Artificial Intelligence Works

First, let’s understand the basic mechanisms of AI.
Artificial Intelligence is built on 3 pillars:

1.Data

2.Algorithm

3.Computing power


                                                       https://miro.medium.com/max/500/1*bZEptwOQ-Dl3YXQUDSzeZQ.png



To solve these basic mechanisms now requires a high calibre scientist/expert in the computing discipline and AI fields. The better he or she understands the task requirements (input), the better the algorithm (AI model) that will be created (output). This algorithm now needs quality data to work from. If the data is of low quality, the result will be expendable. Conversely, the more quality data the algorithm is fed with, the more accurate and usable the resulting data will be. To make the algorithm work effectively now requires a tremendous amount of computing power. Simple problems could be solved on a home computer however, complex problems which require immense computational power need high-performance, costly machines in order to achieve the desired result.

AI is Still in it’s Infancy

The evolution of AI still stumbles today. AI is highly centralized. Matrix AI Network’s own estimates show that over 50% of AI companies are limited by a chronic lack of computing power. These companies would have to invest huge sums of money on expensive hardware if they want to retain complete control of their own data and algorithms, avoiding the possibility of third party exploitation, plagiarism and so on. Unfortunately, the big players such as Google, Alibaba, Microsoft etc (I will refer to them as the ‘Biggies’ in this article) have the financial clout to monopolize this area.

The same applies for data. Endless data is created every day but there is no effective, safe way to share it without the aid of a central entity, so ‘data islands’ are formed. Each entity is keeping data for their own narrative and financial gain. The ‘Biggies’ are in possession of huge amounts of personal data. They collect it each time we use applications, software etc, every second of every day. Always. But this data is rather one-dimensional. Amazon collects Amazon-related client data, Google collects Google-related client data and so on. But it’s ‘multi-dimensional’ data which will support truly transformative growth in AI. How can multi-dimensional data be created and shared? We’ll find the solution in the next chapter…

Let’s continue talking about the problems of the current situation of AI.

Example:
A manufacturing company is holds their own data, employs their own AI scientists and have complete control of their own computing power. The amount of data is limited, the scientists might not create the most effective AI models and the total computing power is dictated by the financial limitations of the company. In this case, AI is comparatively very expensive and ineffective. Small-sized companies or individuals are not financially equipped and as a result, it is unrealistic for them to harness the use of high performance computational power to achieve their AI goals, which leaves them no choice but to use a third party. In most cases, this would be one of the ‘Biggies’ AI services.

At this point we discover the next big problem of AI: privacy and protection. Using ‘Biggies’ AI services means you would have to expose your proprietary data and AI models to their clouds and services, but they do not provide a risk free mechanism to protect this data. How do you truly know that the data you provided is not plagiarised, stolen, or leaked? There is no guarantee that your data is 100% safe and secure on their platform.

Imagine you are a top scientist and you’ve created a high quality algorithm to solve a certain technical issue. How is it possible that you can achieve an adequate and deserving financial reward for your efforts without having to expose your knowledge and data to a third party or an AI cloud provider?

Imagine you are an app development company. You would like to integrate existing AI models and existing data into your products, assuming that you don’t have an AI department and you need exposure to external computing power at minimal cost. How can you achieve this and be sure of data integrity?

Imagine you are a coal mining company. You want to use fully automated robots without human interference. Undoubtedly, this would require you to spend millions of dollars on R&D every year. Could there be another option?


                                                            Matrix AI’s Solution: AI on the Blockchain



                         https://miro.medium.com/max/700/1*A6pvhAE_8DRy1vLFQSYW5Q.png


The Matrix AI network combines the two upcoming key technologies, AI and Blockchain, to build a perfect symbiosis:

Matrix AI have created the Matrix 1.0 platform, an AI-optimised public blockchain platform using AI technology to overcome four fundamental problems in blockchain:

1.Low transaction speeds

2.Lack of security

3.Difficulty of use

4.Wasted resources

On top of this platform, Matrix AI is building the Matrix 2.0 ecosystem based on the three pillars of AI; Data, computing power and AI models. All participating nodes will form a worldwide supercomputing network providing:

-Aggregated computing power

-Fully encrypted secure data management

-Safe and secure data sharing

-Access to on-chain data, AI models and intelligent applications

Mining and validator nodes, security and monitoring nodes, AI calculating nodes, data/model storing nodes, AI scientists, data holders, app developers and finally AI clients will form an entire AI ecosystem in which each entity can participate, whether an individual, a company, a society, a platform, a government or an institution. Matrix AI is going to break down the boundaries of AI to democratize it. AI scientists and data owners will choose the Matrix AI Network as their operating platform because the Matrix blockchain will secure their ownership at significantly less cost and thus, get paid fairly. Companies working in the same fields will contribute their data to create a greater pool of data and thus profit from each other, creating “multidimensional data”, data that contains the diversity needed to let AI models solve complex problems the best way possible. High quality AI models will compete against each other and will finally be available to all participants. Individual app developers as well as big institutions will equally integrate AI to their products and services. Companies will not need bespoke AI algorithms, but instead they can save a lot of time and resources using existing AI models and data. AI will grow and become very competitive whilst at the same time create a social ecosystem of sharing value and fairness. The gas of the entire Matrix AI ecosystem will be the MAN token. Each contribution will be paid in MAN, much like ETH in the Ethereum ecosystem.

In the end

It would take a grand series of articles to describe how Matrix AI is going to realize its technological AI goals. This article, as mentioned before, is just a glimpse into the future of the Matrix AI network. Further technical articles will follow soon.





https://klattavuy.medium.com/the-beauty-of-the-matrix-ai-network-bdd24d5d20f7

MatrixAI development is in full swing. Here is the latest bi-weekly report.

Notable highlights:

➡️ Successful completion of cross-chain bridge between Binance BSC

➡️ Appointment of a new Chief Marketing Technical Officer.

More details soon!

https://pbs.twimg.com/media/EzaBkWOXMAAM1Qn?format=jpg&name=large

                                                                 Appointment of Chief Marketing Technology Officer


We are very pleased to welcome Mr Eric Choy to MATRIX as our Chief Marketing Technology Officer (CMTO). Eric will be heading up the Branding, Community, Content, Communication and Marketing areas. Mr CHOY is a blockchain enthusiast. Upon graduating with degrees of BEng and MPhil from the Hong Kong Polytechnic University, he has obtained 18 years of solid experience in Technology, Innovation, Marketing and Education sectors. He has run successful marketing, content and localization strategies for many global top-tiered clients, including Gaming, FinTech, Payment and Crypto Media. He brings a wealth of knowledge and experience to the table, and we are very excited to have him here.


                                                      https://pbs.twimg.com/media/Eza0cfrXsAIvNVf?format=jpg&name=small



                                                                 https://twitter.com/hashtag/MatrixAi?src=hashtag_click

We are excited to announce that we completed the initial design and testing of the smart contract for the cross - chain bridge between Matrix and Binance Smart Chain!

https://twitter.com/matrixainetwork/status/1384648661653725185?s=21

                                                                                 Eric Choy    CMTO of Matrix Ai Network


Dear All MATRIX Community Members,

This is Eric, the CMTO for MATRIX. It is an honor to be with the Team and be with each and everyone of you.

MATRIX is a great project. It has been running for a while and my first task is to understand it. Please bear with me for a while. While I am trying to catch up behind the scene, you should be able to see some activities going on soon.

The success of MATRIX relies not just on the Team, who work hard with their wisdom and skills, but more importantly on you and everyone of the Community. I cannot thank the Admins/Moderators enough for keeping the momentum of the Community, and of course the members. We will be working on Community and Content Strategy shortly. Your inputs are highly valued and will surely inspire us. Please be part of the plan.

I may not be able to read messages every day here (working hard behind the scene). If you have any comments/suggestions or want to do contribute anything that you are good at to MATRIX, please do send me a note to Community@MATRIX.io. That said, you will see me more at different venues soon.

GarYew (guess what this means). You guys are simply awesome and please keep supporting MATRIX.


Cheers

Eric Choy

                                          
                                         NFTs, Korean partnership, Defi, Binance Smart Chain and Smart Coal Mining project!

                                       Today we continue with part 4 of our AMA with Matrix AI Network CEO Owen Tao!


Q16 - Is MATRAIN compatible with any future development?
How was the automated machine learning platform developed on Artificial Intelligence and what is the advantage of performing machine learning on a Matrix AI node to obtain artificial intelligence models?

A16 - At first, the goal of MAN network is building a decentralized computing platform. We want to attract more and more free computing power to join us. That means a lot to deep learning.
At first, the free computing power offered by users means we have cheaper computing power and training on a decentralized platform will make the AI scientist models their own asset.

Q17 - What are the differences and advantages of Matrix 1.0 and Matrix 2.0 solutions? How exactly MATRAIN works and how automatic machine learning? What are the advantages it provides to the Matrix AI main net?

A17 - In Matrix 1.0, our target was to build a high performance blockchain and a decentralized computing platform.
In Matrix 2.0, our aim is to build a complete artificial intelligence ecology including the decentralized computing platform, the data asset platform, an AI models market and AI service platform.
We wish to promote the development and daily application of artificial intelligence by offering cheaper computing power and higher quality data.

Q18 - Staking is one of the strategies to attract users and hold them long term. Does your project have a plan regarding staking?

A18 - Yes, staking is an important part of Matrix AI, whether you want to be a miner or a validator. Regardless of which you choose, you must stake MAN to participate.
We will offer more staking options on the NFT platform and thus the potential to gain additional revenue.

Q19 - Does the Chinese state give it's support to NEO coin and MAN coin? Neo has come a long way in 7 years. How long do you think it will take for MAN coin to achieve the same success?

A19 - I don't think Matrix is in the same track as NEO.
We are focusing on AI enabled blockchain and a decentralized AI platform, but if you mean how long until we can be as well known as NEO, we hope we can achieve that in 1 or 2 years.


Tomorrow we continue with part V.


https://twitter.com/matrixainetwork/status/1384643944542261248?s=28

ADON will list @matrixainetwork

MATRIX AI Network (MAN) is an open-source, distributed computing platform and operating system that melds artificial intelligence (AI) and blockchain.

ADON will launch MAN/BTC, MAN/RVN, MAN/ADN and MAN/USD trading pairs.

adonexchange.com

https://pbs.twimg.com/media/EzkC7ClXIAEXO02?format=jpg&name=medium

                                    

                                Matrix AI Network (MAN) Trading Competition: Win a Share of a $35,000 in MAN Prize Pool!
                                        2021/04/22 12:06:01Promotions


                                     https://assets.staticimg.com/cms/media/231e4oQE35GehI6AXeEU3oihpwJkBS1482YUpZqdX.png



                             To show our appreciation for KuCoin users’ support of Matrix AI Network (MAN), we will be launching
                                     a campaign to give away a reward pool of $35,000 in MAN to qualified KuCoin users.

                                                     Learn more about Matrix AI Network (MAN): https://www.matrix.io

                                       The campaign will run from 10:00:00 on April 22, 2021 to 10:00:00 on April 29, 2021 (UTC).



Activity 1: Trading Competition, Win a Share of a $28,000 in MAN Prize Pool!


The top 30 users with the highest trading volume (buys + sells) of the MAN/USDT and MAN/BTC trading pairs on KuCoin will win a share of $28,000 in MAN!

The rewards will be distributed as follows:

Ranking   Rewards
Top 1   $3,000 in MAN
Top 2   $2,600 in MAN
Top 3   $1,700 in MAN
Top 4-10   $1,100 in MAN each
Top 11-20   $800 in MAN each
Top 21-30   $500 in MAN each

Activity 2: Participation Rewards: Win a Share of a $7,000 in MAN Prize Pool!

Users who have a trading volume that reaches 1,200 MAN or more, pass KYC1 and add the MAN/USDT and MAN/BTC trading pairs to their Favorites List will evenly split the $7,000 in MAN prize pool.

Note:

Trading volume: buys + sells;
The quantity of rewards will be calculated based on the average closing price of MAN/USDT during the campaign period;
The Sub-Accounts and Master Account will be treated as the same account when participating in the MAN activity;
Winners of the Activity 1 will not be eligible to receive the Activity 2 reward;
KuCoin will update the top 10 rankings of Activity 1 before 13:00 on April 27, 2021 (UTC). The final rankings will be updated within 5 working days of the campaign ending;
Rewards will be distributed within 7 working days of the campaign ending;
The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way.


https://www.kucoin.com/news/en-matrix-ai-network-trading-competition-win-a-share-of-a-35000-in-man-prize-pool?utm_source=MAN

https://twitter.com/matrixainetwork/status/1385161213663924226?s=28

               
                                                       HOW TO STAKE $MAN TOKENS ON THE MATRIX AI NETWORK!


                                                               https://www.youtube.com/watch?v=LT67r7VI3jo

                
                                        This is the next part of #BSC newly arrived series! Let's see who will be featured in the list:


     @Crypto_novae  @HelloTelos  @Modefi_Official (new update)  @OroPocket  @PortionApp  @catexofficial  @MatrixAINetwork  @wise_token
                                                      @AuctusProject  @frogefinance1  @kelvpn  @CollateralDefi


                                          https://pbs.twimg.com/media/EzuiZ8ZUUAIIUak?format=jpg&name=small




                                                             https://twitter.com/bsc_daily/status/1385879940936048642?s=28

          

                                                                                           DAPPCENTRE X MATRIX AI



                                                                    https://miro.medium.com/max/2560/1*HQdNL32tIqrNI49p9fy7PA.jpeg



Recently MATRIX AI collaborated with DAPPCENTRE for promotional campaign so Team DAPPCENTRE decided to write a dedicated article about MATRIX AI . In today’s article we would be introducing you with MATRIX AI and explaining some of its features

What is MATRIX AI

The very first thing to tell in this article is what actually is MATRIX AI all about.
MATRIX plans to solve a number of issues that plague existing blockchains including:
(1) Slow transaction speeds
(2) Programming barrier of smart contracts
(3) Lack of security in smart contracts
(4) Inflexibilities in managing and updating blockchains

Designed to be a new generation blockchain, MATRIX leverages the latest artificial intelligence technology to resolve the above mentioned challenges. The fusion of blockchain and AI technologies enables MATRIX to build a revolutionary cryptocurrency, which supports significantly boosted transaction speed, superior accessibility to general users, enhanced security under malicious attacks, and highly flexible operations.

Objectives of MATRIX AI

• Automatic generation of smart contracts
Although smart contracts give blockchains the essential capability to handle scaled commercial behaviors, they need users to be able to write programs in a given programming language. With MATRIX, no programming expertise is needed for designing smart contracts. The unique code generation technique of MATRIX allows automatic conversion of an abstract description of a smart contract into an executable program. Matrix only requires users to input the basic core elements, then the code generator based on a deep neural network does the rest.

• Secured smart contracts
Smart contract programs may call functions offered by the host system and/or third-party libraries. Also, programs running on different computers in a distributed framework do not provide any guarantee for execution time. Such openness and decentralization are the reflection of the essential spirit of blockchains, but give birth to various sources of security threats. In fact, the lack of security is plaguing smart contracts. The MATRIX blockchain is equipped with a powerful AI security engine to help mitigate these risks.

• High speed transactions
Currently, most public chains are suffering from long transaction latency and low transaction throughput. For example, it can take over 30 minutes for Bitcoin to finish a single transaction, while the transaction throughput of Ethereum is only marginally faster. MATRIX resolves this problem by using a hybrid POW/POS algorithm which allows for much greater TPS whilst keeping the network secure. Currently, the mainnet is working with 12,000 TPS. Significantly faster than Bitcoin, Ethereum and most other live blockchains, still with plenty of headroom to grow.

• Flexible blockchain management
MATRIX is designed to be highly flexible. The flexibility is twofold. First, MATRIX offers access control and routing services so as to allow seamless integration from private chains into a common public chain. Such a feature meets the requirements many industry and government players for authorization, while at the same time allow necessary

                                                                                                               Roadmap


                                             https://miro.medium.com/max/700/1*_GMWTZ3dGfd4Ggb05Y3mog.jpeg


Tokenomics

Total supply is 1 billion , 400 million is reserved for mining , 50 million is reserved for the team and is locked for 5 years, circulating supply is now around 235 million. Rest is for marketing purposes. Although part of supply might be burnt

Links to buy the token

Exchanges:
https://trade.kucoin.com/MAN-BTC
https://www.hbg.com/en-us/exchange/man_eth
https://www.hbg.com/en-us/exchange/man_btc
https://www.bione.info/en_US/trade/MAN_BTC
https://hitbtc.com/MAN-to-BTC
https://hitbtc.com/MAN-to-ETH
https://www.bitfinex.com/t/MAN:USD
https://trade.kucoin.com/MAN-USDT
https://www.gate.io/trade/MAN_USDT
https://www.gate.io/trade/MAN_ETH

How To stake

1. Create a wallet on wallet.matrix.io ( save youre keystore file good, copy it in few usb sticks, dont lose it, it can’t be restored )
2. Buy man coin on exchange
3. Send your man coins from exchange to wallet address
4. Go under joint mining and look for a good pool , a pool that is still in mining and less than 10 million!
5. Chose for flexible (min 100 man) or fixed (2000 man minimum) and stake !

Conclusion

With the integration of cutting-edge technologies, MATRIX reflects the spirits of ancient Chinese sages. Lao Tzu, the great philosopher of China, once said, “the key to growth is the introduction of higher dimensions of consciousness into our awareness.” We introduce a new dimension, artificial intelligence, into the world of blockchain and cryptocurrency. As the blockchain technology already connects the world as one, MATRIX’s AI-enabled intelligent blockchain will give us unparalleled capabilities of understanding the past and predicting the future.



                                           https://miro.medium.com/max/678/1*yz5nAhz0v2PWXxiafZXf6w.jpeg




                                                            https://dappcentre.medium.com/dappcentre-x-matrix-ai-ce55ccf1856e

                                        

                                          Our long-anticipated relationship with Binance has begun with a bridge to BSC.

                                         A universe of possibilities with DeFi and cross-chain liquidity opens to Matrix AI
                                                 as we build interoperability to this important crypto ecosystem.

                                                      Get started with our guide for transferring MAN to BSC.

                                                        
                                                       Matrix Mainnet Cross-chain Transfer Guide – —BSC

        

                                           https://miro.medium.com/max/2400/1*A_zwrmKHuE02lC8qBwukAg@2x.jpeg

                          


                                   https://matrixainetwork.medium.com/matrix-mainnet-cross-chain-transfer-guide-bsc-6eead8073c7f


                                                 https://twitter.com/matrixainetwork/status/1387467444168667145?s=28

                                                    https://twitter.com/bsc_daily/status/1387701386318651393?s=28



                                  

                                    MATRIX AI NETWORK IS A GREAT ADVENTURE OF BLOCKCHAIN AND AI!! | THE CRYPTO GEM OF 2021?!


Crypto Chemist
57.6K subscribers

Today on Crypto Chemist we cover MATRIX AI NETWORK!!!
On MATRIX AI Network, MAN tokens are used for rewarding,                 https://www.youtube.com/watch?v=ESwGpiKVf0M
payment and digital asset authentication.

https://t.me/matrixainetwork/852872

                     The very first DeFi event on #BSC is happening between #BigBang and Matrix AI Network from Apr. 28th to May 3rd.
 
                     Here is how you can participate:


                                                                                        BigBang Operations Guide

           BIGBANG.CASH is an essential part of the experimental algorithmic stablecoin multiverse built by HIGGS NETWORK. In the BigBang Universe, all participants will experience the origin, expansion and stability of the universe, as well as the birth and evolution of many algorithmic stablecoin stars. BIGBANG.CASH is based on Binance smart chain (BSC).
This guide will walk you through the process to use the platform.

                                               https://matrixainetwork.medium.com/bigbang-operations-guide-90f28ba15f82



 https://twitter.com/matrixainetwork/status/1388010412935950336?s=28

                                                               Matrix AI Network, BigBang.cash & The Stablecoin Metaverse

                                                                by  Steadydee


                                                                  https://miro.medium.com/max/2000/0*bqGZaVZxzFGEOnUh



                                                       Matrix AI Network recently announced that they are working with BigBang.cash,
                                                       an upstart company looking to shake up the stablecoin market.
                                          Before we talk about their plans and how it works, let’s do a quick review on some concepts......


                                                         https://miro.medium.com/max/400/0*qBzbULAWFydwEnom.jpg




                             https://steadydee.medium.com/matrix-ai-network-bigbang-cash-the-stablecoin-metaverse-dbcad164ebe5

                                        

                                     MatrixAI development is in full swing. Here is the latest bi-weekly report. More details soon!


                                      

                                                          https://pbs.twimg.com/media/E0TxvliXoAAYASK?format=jpg&name=medium





                                                       https://twitter.com/MatrixAINetwork/status/1388500389457276932

                                            

                                                            
                                                                                      Country Ambassador for Matrix
                                                          

                                                    

                                     https://miro.medium.com/max/700/1*qWQKXsNfpHxNBdsrGXz48w.png



                                               https://matrixainetwork.medium.com/country-ambassador-for-matrix-4b33896bd0a1

                                                                                


 

                                                                                                Introduction to AutoML



According to the definition of Wikipedia, “Machine learning (ML) is the study of computer algorithms that improve automatically through experience and by the use of data.” Machine learning algorithms typically train a model to make decisions or predictions on the basis of data. Deep learning is a special family of machine learning techniques that use multiple layers of artificial neural networks as the representation of models. In the past decade, ML, especially deep learning, has made unprecedented breakthroughs in various applications such as image processing, face recognition, natural language processing, predictive maintenance, and scientific discovery. Today， our daily life heavily depends on intelligent applications empowered by machine learning models.

Building machine learning models, however, turns out to be challenging. First, data scientists have to analyze the problem and data samples so as to design the form of models. Second, the parameters in a given model, which amounts to millions or even hundreds of millions, have to be trained with powerful computing machines. The above two steps typically need to be iterated before a satisfying model can be derived. As a result, the model building process has become the bottleneck of development in many AI applications. The problem is even more pressing in IoT applications where a huge number of models have to be developed.

AutoML, i.e. automatic machine learning, is a series of technologies to build a model with little or even without the need for human intervention. The original idea of AutoML can be traced back to early 2000’s. The original idea was to incrementally tweak a template consisting of pipelined machine learning modules with adjustable parameters.

With deep neural networks (DNNs)-based model representations become more prevalent, now an important part of AutoML is neural architecture search (NAS), which is to automatically search a proper network architecture as well as its parameters (trained by input data) and hyper-parameters (traditionally set by human experts). To do this, we need three key techniques. First, we define a solution space that covers (almost) all possible forms of deep neural networks. An early approach is to represent a deep neural network as a chain of operations, but recent works tend to use directed acyclic graph (DAG) as a unified representation. With such a representation, each DNN is equivalent to a point in the solution space with a specific encoding and an initial solution can be randomly picked up as the starting point of NAS. The second technique is a search strategy, which selects the next solution according to the evaluation of the current solution. The essential point is that the search strategy can find a sufficiently optimized solution without the need to traverse the whole solution space. Today, we use evolutionary algorithm or reference learning as the search strategy. The third technique is an evaluation method that quickly assesses the quality of the current solution. Of course, this objective can be attained by fully training the model corresponding to the current solution and then calculating the error functions. But this would be too slow and thus we are more oriented to exploiting an approximate estimation. With the above techniques, we can build an optimization framework that incrementally searches an optimized DNN model for a given problem.

In the beginning state of NAS, it will take a few days to finish the whole process for a DNN model of medium complexity. Recent technical developments have shortened the time to hours on a reasonable number of GPU cards. State-of-the-art NAS frameworks are capable of generating DNNs models with good qualities in terms of prediction accuracy and computing efficiency on many applications. As a matter of fact, many researchers already began to design DNNs by taking solutions derived by NAS.

It should be noted that AutoML, especially NAS, is still a computing hungry job. In the search process, we need to train many different solutions and training needs a lot of computing power. In other words, GPU and other high-performance computing platforms are even more critical for the success of AutoML.



                                                      https://matrixainetwork.medium.com/introduction-to-automl-763d1b0fb438#

                                                                  

                                                               Professor Deng : ‘At the present time we are developing a mechanism
                                                               to attract people to contribute their data and AI models to the platform
                                                              by building a platform that maintains and guarantees the “digital right”
                                                               of these data and models on the blockchain.


                                                   https://pbs.twimg.com/media/E03FgV7WUAE__Cd?format=jpg&name=small



                                                               https://twitter.com/matrixainetwork/status/1390985022958616578?s=28

              

                             Matrix AI Network Youtube videos:

English:
https://youtu.be/b1BattnY9ms (https://youtu.be/b1BattnY9ms) (Crypto Ellis)
https://youtu.be/AXZGera6Og8 (https://youtu.be/AXZGera6Og8) (crypto investment)
https://youtu.be/1gF2YX-adSM (https://youtu.be/1gF2YX-adSM) (crypto Matt)
https://youtu.be/SMiw1KxxHmI (https://youtu.be/SMiw1KxxHmI) (Xperts Studio)
https://youtu.be/EnOCrZCkCWs (https://youtu.be/EnOCrZCkCWs) (crypto ivy)
https://youtu.be/_aMpYgqXItM (https://youtu.be/_aMpYgqXItM) (Ayman Mufleh)
https://youtu.be/OVLKlWM9T4A (https://youtu.be/OVLKlWM9T4A) (crypto Jogi)
https://youtu.be/2gEed8zVvE0 (https://youtu.be/2gEed8zVvE0) (Chris)
https://youtu.be/GyKLeX5lomw?t=61 (https://youtu.be/GyKLeX5lomw?t=61) (project moon gold)
https://youtu.be/RhZEFnGVJVM (https://youtu.be/RhZEFnGVJVM) (AlienCrypto)
https://youtu.be/xlKIIvuDRbA (https://youtu.be/xlKIIvuDRbA) (All About Crypto)
https://youtu.be/cy5KiEcfZJ0 (https://youtu.be/cy5KiEcfZJ0) (Prime Investors)
https://youtu.be/dhOPmJo47dg (https://youtu.be/dhOPmJo47dg) (Alexandrus)
https://youtu.be/HHlMr3Ebvmg (https://youtu.be/HHlMr3Ebvmg) (altcoinboss)
https://youtu.be/UJ6GjDDiWYE (https://youtu.be/UJ6GjDDiWYE) (Bilal Jasika)
https://youtu.be/HTljmxZ838s (https://youtu.be/HTljmxZ838s) (Crypto ARVI)
https://youtu.be/Qtn7uEZYsCQ (https://youtu.be/Qtn7uEZYsCQ) (Alexandrus Update!)
https://youtu.be/IWZQuaGM4bI (https://youtu.be/IWZQuaGM4bI) (crypto Fast)
https://youtu.be/sbT46Ki6Kp8?t=218 (https://youtu.be/sbT46Ki6Kp8?t=218) (CryptoXan)
https://youtu.be/HyNvI-L5gw0 (https://youtu.be/HyNvI-L5gw0) (Crypto Pablo)
https://youtu.be/HrbgcDm39u4 (https://youtu.be/HrbgcDm39u4) (Crypto Joker)
https://youtu.be/xfz6uSEkXlE (https://youtu.be/xfz6uSEkXlE) (Sarah World of Crypto)
https://youtu.be/A81tVjrnSFU (https://youtu.be/A81tVjrnSFU) (Crypto Ellis Update video Matrix!)
https://youtu.be/xRMbH8ieXBw (https://youtu.be/xRMbH8ieXBw) (Dapp Centre)
https://youtu.be/KqIRGmR6Y00 (https://youtu.be/KqIRGmR6Y00) (The Signalyst)
https://youtu.be/6Wjo3YR5ig8 (https://youtu.be/6Wjo3YR5ig8) (Nate Crypto)
https://youtu.be/0oZR8VZQvtQ (https://youtu.be/0oZR8VZQvtQ) (Up Next Crypto)
https://youtu.be/LT67r7VI3jo (https://youtu.be/LT67r7VI3jo) (Dapp Centre)
https://youtu.be/xRMbH8ieXBw (https://youtu.be/xRMbH8ieXBw) (Dapp Centre)
https://youtu.be/Ktfe95UGRVM (https://youtu.be/Ktfe95UGRVM) (Crypo Love)
https://youtu.be/XKRZw6TD_5w (https://youtu.be/XKRZw6TD_5w) (Dapp Centre may update)
https://youtu.be/QHb-7p5mKgE (https://youtu.be/QHb-7p5mKgE) (Capital Shark)
https://youtu.be/HyNvI-L5gw0 (https://youtu.be/HyNvI-L5gw0) (Crypto Pablo)
https://youtu.be/ESwGpiKVf0M (https://youtu.be/ESwGpiKVf0M) (Crypto Chemist)

Indian:
https://youtu.be/pjk3aWHIfXg (https://youtu.be/pjk3aWHIfXg) (Earn with Sapna) (Indian)
https://youtu.be/OgHTAg7RDG4 (https://youtu.be/OgHTAg7RDG4) (Earn with Sapna) (Indian)
https://youtu.be/rbKOKq2Msiw (https://youtu.be/rbKOKq2Msiw) (crypto boat) (Indian)
https://youtu.be/lQmwg_RIEWU?t=326 (https://youtu.be/lQmwg_RIEWU?t=326) (sapna update) (Indian)
https://youtu.be/sZEB1jv4nN0 (https://youtu.be/sZEB1jv4nN0) (CRYPTO SAAF) (lndian)
https://youtu.be/tX64hRp9nr8?t=400 (https://youtu.be/tX64hRp9nr8?t=400) (Earn with Sapna update2) (Indian)

Russian:
https://youtu.be/vdYgnsI5Onk (https://youtu.be/vdYgnsI5Onk) (ИHTEPHET ЗAPAБOTOК) (Russian)
https://youtu.be/9Ma5nIedYsw (https://youtu.be/9Ma5nIedYsw) (ИHTEPHET ЗAPAБOTOК) (Russian)
https://youtu.be/tXufhsIt9Z8 (https://youtu.be/tXufhsIt9Z8) (Rebooting the world) (Russian
https://youtu.be/AF1x4ZyGhaM (https://youtu.be/AF1x4ZyGhaM) (Crypto Jogi) (Russian)
https://youtu.be/0O9iueN8wJI (https://youtu.be/0O9iueN8wJI) (crypto shark) (Russian)
https://youtu.be/kxuy4EVHo7E (https://youtu.be/kxuy4EVHo7E) (made in blockchain) (Russian)
https://youtu.be/Lx1ISwqIu-A (https://youtu.be/Lx1ISwqIu-A) (Кpиптo Бaтeнькa) (Russian)
https://youtu.be/kN7_On1RgdM (https://youtu.be/kN7_On1RgdM) (Avseenko-life) (Russian)
https://youtu.be/XWslWjpZ53o (https://youtu.be/XWslWjpZ53o) (Roman Pushka) (Russian)
https://youtu.be/bzprWLqDyvE (https://youtu.be/bzprWLqDyvE) (Avseenko-life) (Russian)
https://youtu.be/cBUFw0HS8hw (https://youtu.be/cBUFw0HS8hw) (КAК ЗAPAБOTATЬ B ИHTEPHETE C KOLYA NAZARENKO) (Russian)
https://youtu.be/-JuIpPWfjGA (https://youtu.be/-JuIpPWfjGA) (Crypto Dasha) (Russian)
https://youtu.be/HlzbqMbLk-M (https://youtu.be/HlzbqMbLk-M) (Crypto Baby) (Russian)
https://youtu.be/OrHvNXZqrgA (https://youtu.be/OrHvNXZqrgA) (Ludwig van Bitcoin) (Russian)
https://youtu.be/kdphj-DXXV4 (https://youtu.be/kdphj-DXXV4) (Kriptonit) (Russian)
https://youtu.be/iv6f-kNUO6c (https://youtu.be/iv6f-kNUO6c) (Simple Money-Зapaбoтoк в Интepнeтe) (Russian)
https://youtu.be/bVJxGZVw6G4 (https://youtu.be/bVJxGZVw6G4) (CRYPTOX BLOG) (Russian)
https://youtu.be/KaYguxlxqEQ (https://youtu.be/KaYguxlxqEQ) (Tpeйдинг Зapaбoтoк)
https://youtu.be/Q5K4eUI-5fA (https://youtu.be/Q5K4eUI-5fA) (Crypto Dasha) (Russian)
https://youtu.be/rY1jJe6mrMA (https://youtu.be/rY1jJe6mrMA) (Кaнaл PRO-зapaбoтoк в интepнeтe)

Turkish:
https://youtu.be/18hWgyk1284 (https://youtu.be/18hWgyk1284) (MonsterTrade) (Turkish)
https://youtu.be/oQ0MDyCE2Po (https://youtu.be/oQ0MDyCE2Po) (Crypto Masters) (Turkish)
https://youtu.be/Wn5280afjUI (https://youtu.be/Wn5280afjUI) (KriptoMonitor) (Turkish)
https://youtu.be/xcpog6B2Q2c (https://youtu.be/xcpog6B2Q2c) (Modern investors Channel) (Turkish)
https://youtu.be/vHypavTe1WQ (https://youtu.be/vHypavTe1WQ) (Crypto Can) (Turkish)
https://youtu.be/EHZHBj24d-0 (https://youtu.be/EHZHBj24d-0) (Crypto Hikmet) (Turkish)
https://youtu.be/mqvON17h5wU (https://youtu.be/mqvON17h5wU) (Crypto Furkan)
https://youtu.be/UQi96pxLzb0 (https://youtu.be/UQi96pxLzb0) (Kripto Dünyam)

Other:
https://youtu.be/M38gOWcr0v0 (https://youtu.be/M38gOWcr0v0) (CryptoKielas) (German)
https://youtu.be/8ixiZlBUrkE (https://youtu.be/8ixiZlBUrkE) (Charlie Gibona) (German)
https://youtu.be/079p6nE693g (https://youtu.be/079p6nE693g) (Pyramids Crypto) (Arabic)
https://youtu.be/QY1Q_LLuFbY (https://youtu.be/QY1Q_LLuFbY) (China Crypto) (Chinese)
https://youtu.be/j5oW7PXFiew (https://youtu.be/j5oW7PXFiew) (MajeranekTV) (Polish)
https://youtu.be/4QSDNbxvNhg (https://youtu.be/4QSDNbxvNhg) (Crypto Matt) (Polish)
https://youtu.be/YPdMJ94n85A (https://youtu.be/YPdMJ94n85A) (Akbar Tricker) (Indonesian)
https://youtu.be/-I4dqiDt7oo (https://youtu.be/-I4dqiDt7oo) (Fakhr-din L'hamri) (Arabic)

                                                                    Matrix Mainnet Cross-chain Transfer Guide — — BSC


                                             DeFi and NFT are gaining ground. In order to increase the liquidity of digital assets,
                                  and to cooperate with more NFT projects, Matrix AI Network is officially releasing the Wormhole Cross-chain Bridge,
                                  currently supporting only official web wallets, and opening it up to BSC (Binance Smart Chain) as our first step.
                                            This article shows you how to transfer your assets cross-chain to BSC.



                                                       https://miro.medium.com/max/4096/1*8C9nrZQ9GECClRrGpjo-nQ.jpeg



                                         https://matrixainetwork.medium.com/matrix-mainnet-cross-chain-transfer-guide-bsc-a226ea2960f8

                                                

                                                    Ceo Owen: ‘There are two key actions in the next plans with #BSC in the near future.

                                                      
                                                       1: One is being participate in more #Defi projects;

                                                       2: The other one is trying to add $MAN-BUSD on pancake as a liquidity mining LP pair.’

                                                          And in the future, some of our NFT functions will be built on #BSC too.



                                                           https://pbs.twimg.com/media/E0-96KiWUAInOmz?format=jpg&name=small


                                                           https://twitter.com/matrixainetwork/status/1391539621419442176?s=28                                

                                                              

    

                                                                  Announcement on Apocalypse Mining Machines compensation


                                                        https://miro.medium.com/max/4000/1*GUlQ0taqsnLNAT-24sWPxA.png


MATRIX understands the concerns about the Apocalypse mining machines from the Community. The mining machine is a business of Green Mining, a company specialized in mining for blockchain projects. Green Mining goes bankrupt and they are no longer able to render any assistance on this matter.
Given the situation of Green Mining, we believe this issue has to come to a resolution so the Community can move forward. While Green Mining is not part of MATRIX, we have the following arrangement as a gesture of our goodwill:
We had asked the owner of the mining machines to provide us details on 22 April.
Each of those who are affected in this matter and provided us the details has been compensated with an amount of 10K MAN coins between 8 and 9 May.
MATRIX is a non-profit organization and is a public blockchain. The compensation on this matter does not mean we will follow the same strategy on similar matters that may happen in the future.
A lot of fun is ahead of us. Now, let us move forward and join hands to advance MATRIX from 1.0 to 2.0 with AI and NFT.



https://matrixainetwork.medium.com/announcement-on-apocalypse-mining-machines-ec7f7738e4a0

                                                                                            

                                                                                              Community Managers


                                                                            https://www.matrix.io/assets/img/blog/image0.png



                                                                                   https://www.matrix.io/blog_06.html

                                                                                    MatrixAI development is in full swing.
                                                                                    Here is the latest bi-weekly report.



                                                           https://pbs.twimg.com/media/E1aMbCFWUAA7xSG?format=jpg&name=large





                                                              https://twitter.com/matrixainetwork/status/1393455535144505347?s=28                                                            

Matrix makes huge steps along the adoption curve and seemingly starts to gain traction in the AI field. The amount of active nodes has surpassed that of all the other altcoin rubble combined. This is a promising start. And if we keep on with adding mode nodes, rapidity of the growth will hit unprecedented degree. Imagine what scaling solutions can be built on top of this cake. And also there has a been established a successful camaraderie between the AI network and the MATIC p2p velocity layer.

                                                                        

                                                                           XT.COM exchange Will List MAN （2021/5/24）




                                         https://pbs.twimg.com/media/E2H8YHnVUAMfQYy?format=jpg&name=small



Dear XTers,


We are honored to announce that MAN (MATRIX) will be listed on XT.COM. Please take note of the following go-live schedule:

Deposit: 11:00 on May 24, 2021 (UTC+8)
Trade (MAN/USDT): 14:00 on May 25, 2021 (UTC+8)
Withdraw: 17:00 on May 25, 2021 (UTC+8)

[Token info]

MATRIX is a public chain that deeply integrates artificial intelligence technology and blockchain technology. It is a new generation of blockchain, also the advocate of blockchain fields and the global artificial intelligence. MATRIX has built a blockchain network with self-optimization capabilities. It can turn to advantage the advanced artificial intelligence technology to solve the problems and bottlenecks of miscellaneous existing blockchain technologies/platforms in terms of efficiency, speed, safety, accessibility and flexibility.

Official website: https://www.matrix.io/

Blockchain browser: https://tom.matrix.io




https://mobile.twitter.com/XTexchange/status/1396674873569648651
https://xtsupport.zendesk.com/hc/en-us/articles/900007283643-XT-Will-List-MAN-2021-5-24-

                                                                     Matrix AI  will serve as a platform for smart cities.

                                                                  Realtime IoT data from sensors over fast 5G networks

                                                                        for automated monitoring of city resources.

                                       Redirect traffic, find parking, robbery in progress, trash pickup, pipe leak, roadside help, etc.

                                                                                       Sci-Fi into reality.



                                               https://pbs.twimg.com/media/E2LhPKRWYAgqWY5?format=png&name=small




                                                               https://twitter.com/steadydee/status/1396927880874143744

                                                                                            

                                                                               Appointment of Managers



As a part of our Community and Content strategy, we are excited to have three talents joining the team. For details, please refer to below (in alphabetical order) :

DJ Lee, Content Manager. He has a Degree in Mechanical Engineering and is a hardcore MATRIX enthusiast. His main job is about Education writing articles for the mass audience featuring what it is, what does it mean and why should I care.

Ferran, Social Media Manager. He is passionate about blockchain technology and has been following MATRIX since day 1. As the SMM, he will be taking care of official social media accounts in YouTube, Twitter, Telegram and Medium with posts, policing and online events. His job is about Engagement and Communication Bridge relaying concerns to the project team.

Sean, Influencer Marketing Manager. He is a blockchain tech investor with a youtube channel about cryptocurrency. His job is about Publicity reaching to influencers to promote MATRIX globally.

With the five Country Ambassadors and these three Managers, we believe there will be improvement in the areas of Community, Communication and Content. All of the eight talents will start from 1 June. Please offer them supports so that they can discharge their duty properly.

Lastly, if you wish to contribute to MATRIX with your expertise and resources, please do feel free to write to us at Community@MATRIX.io.



                                                                               https://www.matrix.io/blog_11.html

                                                     Mining Machine for Heating-New Usage Found for the Apocalypse Miners

                                                             Newsfile Corp.
                                                             Fri, 28 May 2021, 9:05 am


Yili Xinjiang, China--(Newsfile Corp. - May 28, 2021) - Blockchain technology has come to the central stage of the digital economy, introducing us to a better version of our society-in spite of one thing that keeps it at the center of controversy; and that is the waste of energy and computing power caused by PoW mining.

Based on research, 70% of the world's total computing power is consumed for mining cryptos, which is million times what Google utilizes. While mining energy consumption also takes up 0.5% of the world's total, relatively in excess of the combined usage of many countries. The challenge nowadays is the fact that mining does not create any real value for society in a more conventional sense, and is thus perceived by many as a definite waste.

With this opportunity, Matrix will take the "More Public Benefits" approach as one of its missions. Previously Matrix introduced AI computing into its consensus algorithm and invented Hybrid PoW to utilize spare computing power. And now we are about to welcome another breakthrough: heat from mining farms will be used to warm up cities.

The mechanism behind this is to use insulating liquid to collect heat emissions from the Apocalypse miners, and then send the energy to where it's needed with the help of an AI-assisted Heat Exchange System.


                                               https://orders.newsfilecorp.com/files/7829/85641_554aef7264dd194f_001.jpg

                                                                              
                                                                      Figure 1: Apocalypse Miner Heating Mechanism

                                                       https://orders.newsfilecorp.com/files/7829/85641_554aef7264dd194f_001full.jpg


Most of North China utilizes central heating during winter, which obviously could harm the environment. Matrix's new method will help not only to lessen the harmful impact on nature but also pioneers a less wasteful mining solution with environmental protection as a top priority.

According to Official Account of Internet Information Office of Yili Xinjiang, Dadamutu Village School in Ghulja, Xinjiang was the first to experience this innovation. For the entire winter of 2020, heat from Matrix's Apocalypse mining machines kept those classrooms and dorms at a temperature above 24 degrees, using only a third of the energy compared to furnaces.


                                                  https://orders.newsfilecorp.com/files/7829/85641_554aef7264dd194f_002.jpg


                                                                    Figure 2: The Apocalypse Miner Heating Setup

                                                  https://orders.newsfilecorp.com/files/7829/85641_554aef7264dd194f_002full.jpg

For teachers and students at Dadamutu Village School, this is an exceptional experience. "The new heating method does a wonderful job of keeping our offices and classrooms warm," said Teacher Liu Ning. "We don't suffer from the black smoke from furnaces anymore. The air is fresh to breathe. Now spring has come, and we can wear T-shirts in school."

The local environmental authorities also expressed their approval with a positive impression. "We are committed to implementing new technologies to protect our blue sky. Since the pilot project with Matrix at the local village school works out well, we are considering promoting the heating method in the whole city."

Xinjiang is home to a number of power plants in China and has been plagued by heavy carbon emissions for years. By introducing this revolutionary heating solution, Matrix is delivering on its mission by pioneering a greener future of "carbon neutrality" in the region.

Matrix is still working on further improvements of this technology for use by other blockchain projects. This is yet another step to making crypto mining greener and more beneficial to society.

Contact:

Matrix
James Brown
themediacontact@gmail.com
https://www.matrix.io/

https://uk.news.yahoo.com/news/mining-machine-heating-usage-found-060500291.html?guccounter=2

https://www.streetinsider.com/dr/news.php?id=18490518

https://www.newsfilecorp.com/release/85641

                                                                              

                                                                              Matrix AI Network - Bio vein Wallet

                                                                              
                                                                  For the most curious, here is a preview of the wallet creation

                                        https://pbs.twimg.com/media/E3bQe6OWUAEIiet?format=jpg&name=small
                                        
                                        https://pbs.twimg.com/media/E3l2xzsWUAE-ahL?format=jpg&name=small

                                        https://pbs.twimg.com/media/E3tA587XwAUyGoD?format=jpg&name=small

                                        https://pbs.twimg.com/media/E3WSd7dXEAICGU2?format=jpg&name=small    

                                                                                                
                                                                     https://www.youtube.com/watch?v=jhNb7sSv2CY


      

                                      IF YOU COULD TRAVEL BACK IN TIME AND BUY ONE MILLION BITCOINS, HOW TO KEEP THEM SAFE?

                                      OUR ANSWER:

                                            
                                                   NEXT-GEN TECH FROM MATRIX: FINGER VEIN RECOGNITION BIO-WALLET LIVE DEMO


                                          https://pbs.twimg.com/media/E3jQlFJWQAIYCcV?format=jpg&name=small


                                                                       https://www.youtube.com/watch?v=hg5aiMsuoqQ&t=3s



                We are going to publish three articles about this wallet. The first article will be published tomorrow which is about general
                information about wallets. Second is introduction of this biowallet and third one about the applications, to be published next week.
 
                                                                                               Stay tuned.

                                

                                                                                    Eric Choy  Matrix CMTO



Hi All，

Good morning. Yesterday, we had the demo video released, and a big credit to Ken/Alfred/Francois/Ferran and those who heat up the discussion in the group, and today we are releasing article 1, thanks to Alfred and Dr. Chadwin.

I trust you have the same mixed feeling as I do. It is understandable though after being quiet for a while. It takes time and effort.

Good thing is that this is just one of the steps, and we keep having different things coming up, and this is good to re-build the confidence and image.  

Allow me to address some questions here :
1. The project team execute different projects with a purpose, and you shall see the links between each other when other stuff coming out. Just remember the keyword that we have developed an efficient blockchain in 1.0 and 2.0 focuses on blending NFT, digital arts with AI on this blockchain.

2. You ask about price. It is understandable. However, do not forget all investment has risks. Just think about over 90% of ICO project either dead, inactive or run-away. It is true that the project team has been quiet. Now we are back (can you feel the vibe?) and we are the 10%, and we keep delivering. Price up or down is out of the control of the project team, but the delivery of roadmap is.  Equally important, think about what you can contribute to the project from whatever angle, things like Like, Tweet, Comment, Share etc, these are easy, and this is definitely helpful.

3. I set up a group named MATRIX-Skull Club (https://t.me/matrix_skullclub). The Skull group will be used for discussing blockchain technology,  trend, latest applications, what do those mean to MATRIX, which is more mature and hopefully build the future of Matrix together. If you are interested, feel free to join but we will clear inactive members from time to time.

Cheers

                                                                        

                                                                       Matrix AI Network Bio Wallet — Part 1



Suppose you could travel back in time to 2010, how much Bitcoin would you buy? 10 thousand, 100 thousand or 1 million?
Most people today would not hesitate to put all their money in Bitcoin if given a second chance. Let us assume we are back in 2010, and you have got your hands on one million Bitcoin. You would be faced with a dilemma that many people still have. Where do you store all these coins? How do you make sure they are still safely yours ten years later in 2021?
We at Matrix AI Network think we have found the answer. How much Bitcoin have people lost in the past ten years?
To put the importance of the first part into context we will briefly investigate the amount of Bitcoin that is presumed to be lost. Let us simply assume that each Bitcoin address that has not seen any change in a long while is a Bitcoin that has been lost. (There is no way to know for sure if these are really lost). Then a total of 5 million Bitcoin (or 200 billion dollars at today’s value) are in this limbo state, whether their private keys are lost for good, or their owners have simply forgotten about them.
To put it into context that is more than the net worth of the wealthiest person in the world. Although your Bitcoin might not be worth much today, the future value is unknown and one would not want to lose access to them.

Where then is a safe place to keep all your Bitcoin?

Before we offer our solution, we go over some choices that are currently available.

1. PC wallets (for example Bitcoin Core), 1 star, not recommended.

PC wallets were a popular choice in the early years of Bitcoin. A PC wallet keeps your Bitcoin in your hard drive. Most of the presumed lost Bitcoin mentioned previously are stored in PC wallets. Of course, Bitcoin was not of much value in those days, and many people were simply in it for the hype, mined some Bitcoin on their PC and soon forgot about them. They would be in for significant disappointment many years later when they tried to gain access to their wallets. Even if they still had held onto their five/six-year-old ‘antique’ of a PC, they would soon discover that the hard drive is most likely worn out and useless.
Needless to say then, storing your precious coins in a PC wallet is the last thing we would recommend. The Internet is full of horror stories of people who had it all, but then lost it all in the space of just a few clicks.

Source:  https://www.jinse.com/blockchain/563678.html

(This post tells the story of someone who used to have more than a hundred Bitcoin in his hard drive. He got himself another hard drive to backup those Bitcoin. For extra caution, he decided to format this new drive first to clear it of any malware. He unfortunately formatted the wrong one!)


                                  https://miro.medium.com/max/680/1*0GVusRvHbibn922NhTytxw.png


Source：https://baijiahao.baidu.com/s?id=1664476519453821723&wfr=spider&for=pc

(This post mentions someone who mined a dozen Bitcoin back when mining was easy. Many years later, she realized she had long since forgotten her private key.)

2. Crypto exchanges (Binance etc), 3 stars.

If you plan to store a considerable number of crypto assets on a crypto exchange, you are advised to use caution. Incidences are not rare where crypto exchanges fall victim to theft, and losses are often staggering.
The Mt. Gox hack of 2014 saw 850,000 Bitcoin stolen. It dealt a heavy blow to the crypto industry and arguably was the trigger for the bear market that followed.
Even reputable exchanges like Binance have fallen victim to theft multiple times. Although to be fair, Binance always cover the loss, the takeaway here is that even powerful exchanges with talented and resourceful people are not always impregnable.
Ironically, larger exchanges are more vulnerable as they often have more hackers eyeing their wealth.
But what about the smaller exchanges you ask? They could take all your crypto assets and disappear at any moment. There are far too many instances of this happening.
As we can see, although exchanges are convenient places for storing a small number of crypto assets that you plan on trading with, they are not the ideal choice for holding large quantities for the longer term.

3. Mobile wallet app (like Imtoken), 3 stars.

As the crypto market gets larger, more mobile wallet apps are being developed. These wallets range from centralized ones to decentralized ones. Like with exchanges, centralized wallets run the risk of being hacked. Decentralized wallets on the other hand are safe in most situations, but it is up to you, the user, to keep your private key safe. Most people write down their private keys on a piece of paper and stash it away in a presumably safe place, but this can also be lost or destroyed. Having your private key stolen or losing your phone would be a nightmare and very costly.
Today many people are in the habit of using mobile wallets casually not knowing that their asset safety is actually under threat. Practices such as neglecting to scan your phone regularly for viruses, sending a private key backup to yourself over the internet or storing it in a virtual cloud could all expose your assets to the possibility of being lost or stolen.
If you do choose to keep a physical copy of your private key, the challenge then becomes how to safeguard it against damage or theft. Essentially the same concerns you have for any material wealth you possess.
Therefore, mobile wallets are also not the best place to keep your assets, especially if you want to be sleeping peacefully at night.

4. Ordinary hardware wallets, 4 stars

There are a bunch of hardware wallet options available on the market at present and most could offer better protection than the mobile wallets described above. However, you still need to ensure that you can remember the password/PIN and mnemonic. Should you lose or misplace them, your assets are also likely gone for good.
Do any of these options seem ideal? Is there a wallet that is both more secure and easier to use? Let us welcome the Matrix Bio-Wallet.

5. Matrix Bio-Wallet, 5 stars, highly recommended

What is the Matrix Bio-Wallet?
Bio-wallets are devices that use biometric information as identifiers. The Matrix BioWallet is a hardware wallet that revolves around finger vein recognition. It supports the unlocking of your wallet as well as the signing of transactions using one’s finger vein, thus saving people from the stress of having to remember a password/PIN, and more. In theory, you would never lose access to the Bio-Wallet by forgetting your password.
One may still wonder, how is finger vein recognition different from fingerprint recognition?
Simply put, the difference lies in the level of security.
Finger vein recognition works by sending a beam of infrared through your finger to get the image of your vein. It utilizes the latest and greatest biometric recognition technologies, and you can count on it to perform this with speed and precision.
As part of a living organism existing underneath your skin and tissues, your vein is impossible to replicate using non-living objects. Fingerprints on the other hand are easy to replicate and you cannot avoid leaving your fingerprint on various scanner surfaces, which could expose your assets to unwanted risk.
Besides, finger vein recognition is less affected by your finger’s condition in comparison to fingerprint recognition. The latter could be affected by water or dirt on the finger, or even skin damage. Not to mention that some people do not have distinguishing fingerprint features or even more extreme some people are born without fingerprints.

                                                                  This table summarizes the comparison amongst different options.


                                       https://miro.medium.com/max/700/1*oLH3v6oO0fKHpS-zrFfbXA.png


Please stay tunned about our second and third article featuring the details of Matrix Biowallet and Business Value, which are to be released next week.

                                                                            Matrix AI Network Bio Wallet — Part 2


                                                                             Introduction to the Matrix Bio-Wallet


                                                       https://miro.medium.com/max/2454/1*_spV2li9dgPtbRndiPTZXw.png



A Brief Summary

The Matrix Bio-Wallet is a point-based finger vein recognition wallet for storing your crypto assets. It will support various features built on the Matrix Mainnet.
After completion of finger vein registration features such as wallet creation, wallet login, wallet import, wallet backup, signing transactions, balance check, transaction history check, etc will all be supported.

Below we will briefly describe finger vein registration and wallet creation.

Creating a new wallet using the Matrix Bio-Wallet

Firstly, it is important to note that the application will generate a mnemonic. You should keep a copy of the mnemonic in a safe place, as this is the only guaranteed way to recover your wallet back. Similar to the Ledger seed phrase.

1. Connect the finger vein recognition hardware to the power source and then via the NFC module to your smartphone which has the application downloaded.

2. After the hardware is connected, enter your finger vein data by placing your finger on the scanner. You may be required to scan your finger a few times for the scanner to get the data it needs. The data will then be encrypted and sent to the mobile application.

3. The application will then begin decrypting the data. This process is almost instantaneous.

4. Upon decryption, the data is then used to generate a password in the form of a keystore file and this is saved in the application.

5. Congratulations! You have now successfully created a new wallet using the unique veins in your finger.
Now that you have created a new wallet, you can use your finger vein to unlock it or to sign a transaction. You can rest assured knowing your crypto asset is well protected in the Matrix Bio-Wallet.

Matrix Bio-Wallet is so powerful but when will I be able to purchase one?

Although the Matrix Bio-Wallet is only a prototype it is already ahead of the industry with a false rejection rate under 0.01%, a false acceptance rate under 1/600,000,000. The algorithm response time is also less than one second. As with any prototype it still needs improvement and vigorous testing before going to market. We will let the community know as soon as we can when it will be available to the public.

Who developed the Matrix Bio-Wallet?

The Matrix Bio-Wallet is developed by Matrix AI Network. Thanks to Matrix’s powerful team and mature ecosystem, the Matrix Bio-Wallet is already incredibly stable, secure, and of course innovative.

What is the Matrix public chain and how is this connected to the Bio-Wallet?

Matrix AI Network is a public chain that brings together artificial intelligence and blockchain. As a pioneer in both fields, Matrix is in the perfect position to employ artificial intelligence to address blockchain’s bottlenecks such as efficiency, speed, security, usability and flexibility to build an auto self-improving blockchain ecosystem.

The Matrix public chain is an ever expanding ecosystem. It includes:

MANTA — a platform to learn to use AI for people with no background

MANAS — a distributed AI service platform

MANART — a platform for generating and authenticating NFT assets

MANITO — a platform for industry network open services

As mentioned in our previous article the Matrix Bio-Wallet is a next-gen technology that the team has ingeniously designed for the benefit of the ecosystem. Equipped with finger vein recognition algorithms developed by Matrix’s AI scientists, it is an innovation that is ahead of the industry thanks to its high performance and early mover advantage.

As more people start to use the Bio-Wallet, more traffic will be directed to applications on the Matrix public chain. Currently, most hardware and software wallets do not have their own public chains. All the traffic and transaction fees generated still flow into the pockets of other public chains. While in the case of the Matrix Bio-Wallet, all the traffic and transaction fees generated will directly benefit Matrix.

The Bio-Wallet is built on the powerful Matrix public chain, which has an advantage over other projects like Ethereum in the form of transfer speed, transfer fees and TPS. Every transaction signed through the Matrix Bio-Wallet uses computing power from Matrix Mainnet.

As people use the Bio-Wallet, the Mainnet will get data traffic, and users’ personal information will be encrypted and stored in the IPFS network on the Mainnet. As more people start using the Matrix Bio-Wallet, demand will increase for MAN as MAN tokens are the Universal Pass on the Matrix AI Network and transaction fees will also be paid in MAN. Of note it is at a rate far lower than ETH and many other projects.

Overall, the Matrix Bio-Wallet beats other crypto wallets in security, efficiency and transaction fee rate. It is clear that the Bio-Wallet will be a crucial piece of Matrix’s ecosystem, guaranteeing a secure transaction and identification for services on Matrix platforms.


                                  Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                                    Matrix AI Network BioWallet — Part 3

                                                       How Does The Matrix Bio-Wallet Empower Users In Different Everyday Scenarios? (1/2)

                                                                https://miro.medium.com/max/3324/1*Ge20sd8BHgI5Uw9cLWV8XQ.png


                                                                                             Credible Digital Identification


To understand how this will be used we first need to learn more about credible digital identification.

In today’s world there is an ever growing need to move from paper-based documentation to digital documentation. Although this has been adopted by nearly all spheres of our everyday life our most important personal documents (ID, driver’s license and passport to name a few) are rarely converted into digital ones due to counterfeiting concerns.

International transportation is the most obvious real life example of where digital ID documentation would make life a lot simpler. The author of this article has on several occasions forgotten to bring his ID card when travelling with the train and although you can get a temporary ID card made for you at the station, the queue is long and could lead you to missing the train. Oh how much easier life would be if this was no longer a problem.

So why do people/governments not use digital IDs? There may be various reasons but the most obvious is how does one prove you are you?

Since IDs are correlated with one’s personal biometric information, the current common practice is to use face or fingerprint recognition, which of course has its flaws. For instance, the face recognition on our smartphones is incapable of telling someone from his twin. While fingerprint readers are even easier to fool using fake fingerprints.

Therefore, when it comes to people’s important personal data, finger vein recognition is currently the logical way to go. Since this recognition method requires input from a living organism, it is impossible to fake, and not even twins have identical finger veins.

Hopefully in the not-too-distant future credible digital ID (based on finger vein recognition) will become a reality and we will no longer have to take our physical ID along when taking the train, visiting Internet cafes or travelling abroad.

The constant worry about having your ID card stolen and the subsequent hassle that is involved in obtaining a new one will become worries of the past.

Decentralized ID (DID)

Essentially, a decentralized ID is a digital identification document that is not issued by centralized authorities.

In this day and age, managing one’s digital identity can be quite a challenge with many people having different accounts on different platforms, each with its own complicated authentication process. The author for one has no less than a hundred such accounts and often forgets the password to the accounts seldom used like his social security card or residence card.

By creating a single digital identification system that is reliable enough to be used across all platforms, we would then be able to do away with the need to register a new account every time we access new platforms.

Decentralized ID has a number of advantages and if the above is not motivation enough to switch to a DID system the following should provide further support.

Privacy: With the help of mechanisms such as smart contracts, targeted authorization, etc., access can be specifically granted to certain services.

Efficiency: If one single identification method can be used across platforms, no one has to be bothered by the intricate registration requirements each company has.

DID goes beyond this still. A decentralized identification system will let the service provider know whether the user’s ID information is genuine without giving away his/her personal information. For instance, if an exchange needs to verify your ID, the DID system can do the verification job and report back to the exchange without letting it have your ID card/passport number. As crypto investors, we all receive scam calls from time to time. You may ask how the scammer was able to get a hold of your information? They know our names and phone numbers, even the fact the we have invested in cryptocurrency. It goes without saying that we have been betrayed by the cryptocurrency exchanges we have registered on.

With DID, one would no longer have to worry about one’s privacy.

However, with all its clear advantages, one thing DID cannot do is to authenticate the truth of someone’s identity, and if the ID information entered into the system is false in the first place, the rest then becomes pointless. For this reason, centralized identification is still indispensable, although it is inefficient, as the authorities behind it lend credibility to its results. Therefore, credibility is still the biggest hurdle to DID, while the Matrix Bio-Wallet is created to be the perfect solution. The Bio-Wallet uses finger vein recognition to verify the users’ identity. It is both credible and decentralized. Since each Bio-Wallet is a vessel that contains a user’s DID information, a system of these can provide accurate identification while guaranteeing privacy and ease of use.

                           DID will be the foundation of tomorrow’s Internet, and the Matrix Bio-Wallet is the missing piece of this puzzle!

                                                                                            Bio-wallet video        

                                                                           https://www.youtube.com/embed/hg5aiMsuoqQ


                                                                                 The Beauty of the Matrix AI Network

                                                 https://klattavuy.medium.com/the-beauty-of-the-matrix-ai-network-bdd24d5d20f7



                                     Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                               Partnership with NerveNetwork


                                        https://pbs.twimg.com/media/E4uuFt-XEAEh7g2?format=jpg&name=small

We are pleased to announce that Matrix AI Network has established a partnership with NerveNetwork for a cross-chain protocol. With this protocol, we are expecting better liquidity, more comprehensive ecosystem from both parties. Equally important is the benefits it can bring to the upcoming NFT platform.

Please stay tuned for more updates.

Note:

NerveNetwork is a decentralized digital asset service network based on the NULS micro-services framework, which uses the NULS ChainBox to develop a blockchain cross-chain interaction protocol.



https://twitter.com/MatrixAINetwork/status/1408411570951106565

https://www.matrix.io/blog_17.html

https://nerve.network/scene

                                                                                   Matrix AI Network BioWallet — Part 3


                                                            How Does The Matrix Bio-Wallet Empower Users In Different Everyday Scenarios? (2/2)

Personal Data Ownership

To elaborate further on our previous article about credible digital identification and the concept of decentralized identity (DID) we thought it important to discuss personal data ownership.
A Gaming Example If you are an avid gamer, you have probably come across the ongoing lawsuit between one of the largest Chinese-based gaming companies and the operator of a virtual item trading platform. The lawsuit is based on the claim that the gaming company owns all in-game items and that players are only allowed to use their accounts to participate in the game but have no right to trade them amongst each other. Many gamers have spent tens of thousands of dollars on in-game purchases so why should the gaming company decide whether players can trade those in-game items. Not very fair one might say and the need for a form of decentralized ownership becomes very clear.

Personalised advertising, where do they get your information?

It is an all to common occurrence nowadays that when watching a TikTok or YouTube video, you get a pop-up advert for the exact same smartphone cover you browsed for online. How does TikTok/YouTube know this?
Sometimes after chatting with a friend on WeChat, you go to JD and find the exact same product you talked about right there in JD’s recommendation list. Where did JD get this information?
Even if the above examples do not bother you much, what about the possibility that those sensitive personal items you searched for on Taobao or Amazon pop-up in your browser just when you are in an important business meeting? What a catastrophe that could be.
Why is your private information shared among all these unrelated companies? And, for that matter, why should apps owned by the same company be allowed to share your data among themselves? Surely, there is no economic interest involved. They are just helping each other out for free, right?
In the future, the need for privacy protection will only become greater. To be able to give back to users the ownership of their personal data, we need an ID management system that is a layer above all these apps and platforms.
If Taobao or Amazon want your data, it should pay you for that permission. Rather than letting some random company profit from your personal data, you should be the one profiting directly.
Blockchain has laid a solid foundation for this, but we still need a good DID verification tool, and the Matrix Bio-Wallet is the answer.
Yet that is not all. The Bio-Wallet could become an integral part of the foundation of the next internet.

IPFS (InterPlanetary File System)

IPFS is the cornerstone for the next-generation internet as it has a significant advantage over the current HTTP protocol. Data saved on IPFS is permanent. There is no risk of losing it or deleting it by accident and importantly decentralized sharing as well as point-to-point saving is supported for all types of data. This is a traceable system that keeps track of every change you make and since the hash does not change, every piece of content can be traced back to the original source. Seeing that the traceability of any piece of content always remains valid, the result is reliable.

IPFS has a vast number of use case scenarios.

It will deliver an upgraded experience for today’s apps, including content creation platforms, cloud storage platforms, art platforms, etc.

                                                                                             Use Case Scenarios of IPFS


                                                  https://miro.medium.com/max/3004/1*T6Qkg5FOZ5roBmrmzjs2ng.png


                                                                         https://www.yunhe24.com/article/101295

                                           https://www.yunhe24.com/wp-content/uploads/2020/07/20200714_5f0dbe81ef399.jpg



One common use case scenario is cloud storage. Not only is IPFS perfectly compatible with these apps, but it will also improve the download speed and lower the price of current cloud storage services.
That said, data security may be the biggest concern for cloud storage.

Does it make sense to store my data on IPFS? Is it a safe option?

While IPFS itself does not offer data encryption, the Matrix Bio-Wallet is more than capable of keeping your files safe without the need to remember complicated passwords. It is the perfect complement to IPFS in terms of data safety.
To answer the question posed in our first article. If you had the chance to time travel back to 2010, be sure to take the Matrix Bio-Wallet with you. It is would be all you need to keep your 1 million Bitcoin safe. It is however also clear from everything noted above that Bio-Wallet will also be the answer of the future.



                                        Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

            Bio-information, asymmetric encryption, minting NFT, ownership verification...check Matrix’s BioWallet demonstration now.

                                                                           Matrix AI Network - Bio Wallet Demo 2


                                   https://pbs.twimg.com/card_img/1407613677986095106/mHBYJMk0?format=png&name=small


                                                                 https://www.youtube.com/watch?v=dNJYr-G3crg

                                                                                          2nd Report of June 2021

                                                                                       Matrix AI Network Bi-Weekly Report


                                  https://miro.medium.com/max/1400/1*-j_s94WsNvkTYofnybw27A.jpeg




                                                      https://matrixainetwork.medium.com/2nd-report-of-june-2021-f732605e2bee

                                                            https://twitter.com/MatrixAINetwork/status/1409889925634351106

                                                                        

                                                                      Matrix AI Network - Q2 2021 Progress report


  In this Progress report we talk about the following topics. Wallet, Browser, Bio-wallet, MANTA and MANAS, on schedule and this is the moment.
      Please help us share so that more people will appreciate the bewitch of MATRIX.


                                                                       https://www.youtube.com/watch?v=U7jaZkPlk7g

                                                    https://twitter.com/MatrixAINetwork/status/1410176945703239685?s=20

                                                                       Matrix AI Network — Summary of Progress Report



1. The upgrade of our wallet

It supports the NFT, including the asset management and the Wormhole protocol which is to increase the liquidity of Matrix. It is already deployed.

2. The upgrade of browser

It supports NFT as well, for example the search and also the transaction logs. It has been deployed.

3. Prototype of BioWallet

This an add-on, and given it’s an add-on. We have the first demo showcasing creating a wallet and signing a transaction, abs also a second demo about minting an NFT.
It is more than just a security. It also serves as an identity in a crypto world.

4. MANTA

stands for Matrix AI Network Training Assistant. It includes the Auto Machine Learning, which is trying to lower the barriers for those who do not have the technical background in AI, and distributed spare computing power, including the GPU mining.
And we have now the single node testing done and we are going to have multi node mining as well. We will have a video demonstration on this.

5. MANAS
We are trying to build a decentralised AI service platform. Instead of a B2C perspective, we are trying to look at it from a C2C angle. With C2C, we can leverage all the creativity or knowledge or wisdom of the whole world to make AI work instead of relying on one sole platform.
We will have one demo ready for test. In the demo we will have one AI application, and the purpose is to run through the whole process including the upload, the creation, the use and also the payment, etc

Conclusion:

We do deliver what we promised in the roadmap for the stage 1, and we will continue for the stage 2
Everything we do, we do have strategy behind.
We need you, each member of you, to spread the word for us so that more will appreciate the beauty of Matrix AI Network.



                                 https://matrixainetwork.medium.com/matrix-ai-network-summary-of-progress-report-83eb32285bdf

                                                 https://twitter.com/MatrixAINetwork/status/1410517165082611714?s=20


                                  Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                               How MAN will be used in the Matrix AI Network ecosystem


                                                       https://pbs.twimg.com/media/E5N2N1RVUAMcR93?format=jpg&name=medium


                                                           https://twitter.com/matrix_south/status/1410601099216646154?s=28

                                                           MANTA —Training Monitoring Interface by #MatrixAINetwork


                In this new Tech Talk video, we show you the Training Monitoring Interface where you can view and compare GPU data.

                    More details in description!


                                                                       https://www.youtube.com/watch?v=nt4wcePPNLM

                                                         https://twitter.com/MatrixAINetwork/status/1411276744879919106

                                  

                                Matrix AI Network is now connected to OEC, BSC and NULS on Nabox through NerveNetwork!



                                https://pbs.twimg.com/media/E5YbkQ4VkAU34mD?format=jpg&name=small


                                             Cross-Chain DeFi Wallet with Decentralized Identifier for Web 3.0                                                    

                                  https://nabox.io/img/logo-black.e910a1d2.svg                    



                                                                              https://nabox.io/

                                                                                   Matrix AI Network - MANTA Tech Talk


                                                                            Single machine multi node Training Simulation


                                                                             https://www.youtube.com/watch?v=xroErOys29w

    


                                                                             Matrix — Catalyst for the AI Big Bang (Part 1)



                                                                                                     The Era of AI

The concept of artificial intelligence was first brought up at a workshop at Dartmouth College in 1956. Since its birth, scientists and engineers have put in decades of research and development work, and numerous ideas and theories have been raised.
Today, AI has found its way into every aspect of our life. The popularity of self-driving cars has changed the transportation and logistics sectors. AI is helping doctors make more accurate diagnoses. AI-powered search engines now help us acquire knowledge and information. We can also train AI to read texts and take over custom service jobs. AI is also seeing ever-growing use in the financial sector, especially in long-term investing, short-term underwriting, undertaking and crediting.


                                                                                          https://miro.medium.com/max/1400/1*UtP19WOWYe8iWgvQwREs_g.png


As time goes on, AI will only develop at a faster pace, which we have seen in AlphaGo beating Lee Sedol after merely one year of training. In a recent computer vision experiment, AI algorithms were capable of recognising over one thousand types of photos. In photo recognition tests, AI algorithms scored a 98% accuracy compared to a 95% by humans. This result is six times better than that of five years ago. Applying the same technology to clinical diagnosis, we have AI outdoing the best human doctors in diagnosing lung and thyroid cancers, and as an assistive tool, AI is already widely utilised in hospitals.


                                                               Blockchain-Empowered AI — AI That Cooperates with Humans




Will the future be like one of those science-fiction films where AI takes over the world and destroys mankind? This sets us pondering and keeps scientists searching for a solution. Tom Gruber, developer and co-founder of Siri, said, “What is the purpose of AI? To make our devices smarter so they can do jobs no one wants to do. Today, AI has beaten man in chess and weiqi. Maybe in the future, some super-AI will rule over mankind? No, AI shouldn’t compete with man, but we should cooperate. With the help of artificial intelligence, we should all have superhuman powers. For example, maybe people with cerebral palsy will be able to communicate with Siri, and Siri will also help us with a range of things from navigation to answering complicated questions.”
But how do we make sure AI cooperates, and not competes with man? Matrix AI Network has the answer. In its 1.0 version, Matrix uses AI to empower its blockchain, drastically improving its performance, security and social benefit. Now on to Matrix 2.0. This is an AI ecosystem managed using a high-performance blockchain.


                                          https://miro.medium.com/max/700/1*CTS0XvQCg9iLXcqdslyx4Q.png


In this ecosystem, AI is managed and utilised based on a decentralised blockchain network, and the operation and decision-making of individual AI nodes are done through the consensus mechanism of the entire network. This structure is proof against the possibility of some awakened AI taking over the world. More importantly, AI nodes in this decentralised network can cooperate with each other to better serve us humans.


                                                                          In the Era of AI, Everyone Will Own a Personal AI



To pave the way for the explosive growth of AI, we must lower its entry barrier first. This will bring about more diversity, and like in nature, diversity is always key to a vibrant ecosystem.
For this very purpose, Matrix is launching MANTA, a platform to drastically lower the entry barrier to AI. With its help, everyone can have his/her personal AI in the future. Corporate AI service providers are not the best choice for individualised AI services for two reasons: 1. Companies have the need to control production costs. 2. People will be reluctant to give companies access to their personal data. So the ideal situation is where people train their own AI algorithms to serve their personal needs, and MANTA will help people turn this into a reality.



                                  https://matrixainetwork.medium.com/matrix-catalyst-for-the-ai-big-bang-part-1-7e76f7af9525



                               Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                       Matrix — Catalyst for the AI Big Bang (Part 2)


The Mechanism of MANTA

— MATRIX AI Network Training Assistant is a distributed auto-machine learning platform built on Matrix’s highly efficient blockchain. It is an ecosystem of AutoML applications based on distributed acceleration technology. This technology was originally used in the image categorisation and 3D deep estimation tasks of computer vision. It looks for a high-accuracy and low-latency deep model using Auto- ML network searching algorithms and accelerates the search through distributed computing. MANTA will have two major functions: auto-machine learning and distributed machine learning.

Auto-Machine Learning — Network Structure Search

Matrix’s auto-machine learning adopts a once-for-all (OFA) network search algorithm. Essentially, it builds a supernet with massive space for network structure search capable of generating a large number of sub-networks before using a progressive prune and search strategy to adjust supernet parameters. This way, it can sample from the supernet structures of various scales but whose accuracy is reliable, and this can be done without the need to micro-adjust the sampled sub-networks for reducing deployment costs.

Take image categorisation for example. Below is an illustration of the network structure MANTA adopts. This structure consists of five modules. The stride of the first convolutional layer of each module is set to 2, and all the other layers are set to 1. This means each SU is carrying out dimensional reduction while sampling multi-channel features at the same time. Finally, there is a SoftMax regression layer, which calculates the probability of each object type and categorizes the images.


                                                                          https://miro.medium.com/max/1400/1*e1zavsHe2YNd8mFUNFsDQA.png


Meanwhile, the picture below is an illustration of the network structure MANTA adopts for deep estimation. There are six searchable modules in this structure. The first three SUs are mainly used to carry out dimensional reduction and subtract the multi-scale feature image from the left and the right views. There is a correlation layer in the middle for calculating the parallax of the left and the right feature images. The last three SUs are for further subtracting the features of the parallax. Subsequently, the network magnifies the dimension-reduced feature image through six transposed convolutional layers and correlates to the feature image produced by the six former SUs through a U link to estimate deep images of different scales.


                                         https://miro.medium.com/max/700/1*rg7pZYw-P_b2bT7RL5s_zg.png


Distributed Machine Learning — Distributed Data/Model Parallel Algorithm

MANTA will use GPU distributed parallel computing to further accelerate network search and training. Distributed machine learning on MANTA is essentially a set of distributed parallel algorithms. These algorithms support both data parallel and model parallel for acceleration. The purpose of distributed data parallel algorithms is to distribute each batch of data from every iteration to different GPUs for forward and backward computing. A GPU uses the same sub-model for each iteration. A model parallel is different from a data parallel in that for every iteration, MANTA allows different nodes to sample different sub-networks. After they each complete their gradient aggregation, the nodes will then share their gradient information with each other.

Distributed Data Parallel Algorithm Workflow

1. Sample four sub-networks from the supernet

2. Each GPU on each node of every sub-network carries out the following

Steps:

(1) Access training data at a number according to the set batch size;
(2) Broadcast the current sub-network forward and backward;
(3) Accumulate gradient information that is broadcast backward.

3. Aggregate and average the gradient information accumulated by all GPUs and broadcast them. (Carry out All Reduce.)

4. Every GPU uses the global gradient information it receives to update its supernet;

5. Return to step 1.

Distributed Model Parallel Algorithm Workflow (Taking Four Nodes for Example)

1. GPUs located on the same node sample the same sub-network model. We have four different sub-network models in total.

2. All GPUs located on the same node carry out the following steps:
(1) Access training data at a number according to the set batch size;
(2) Broadcast the sub-network sample from the node forward and backward;
(3) Calculate the gradient information that is broadcast backward;
(4) GPUs on the same node aggregate and average the gradient information and store the result in the CPU storage of the node.

3. The four nodes each aggregate and averages the gradient information it gets in step 2 and broadcast the result to all GPUs;

4. Every GPU uses the global gradient information it receives to update its super net;

5. Return to step 1.


                                        https://miro.medium.com/max/700/1*1dxOxpIVppnwk90nu0-esA.png


New Public Chain of the AI Era

MANTA will take Matrix one step further towards a mature decentralised AI ecosystem. With the help of MANTA, training AI algorithms and building deep neural networks will be much easier. This will attract more algorithm scientists to join Matrix and diversify the AI algorithms and services available on the platform. Competition among a large number of AI services will motivate them to improve so that users will have more quality services to choose from. All of this will lay a solid foundation for the soon-to-arrive MANAS platform.

Secondly, MANTA will lower the entry barrier to AI algorithms. This will no doubt attract more developers and corporate clients to the Matrix ecosystem, which will further solidify its value and boost the liquidity of MAN.

Finally, as more people use MANTA, there will be greater demand for computing power in the Matrix ecosystem. For miners, this will bring them lucrative rewards and in turn attract more people to become computing power providers for Matrix, further expanding the scale of its decentralised computing power distribution platform. All this will help Matrix optimize marginal costs and provide quality computing power at a better price for future clients, and this forms a virtuous cycle.

MANTA is a vital piece in Matrix’s blueprint. It will fuel Matrix’s long-term growth and set the standard for other public chain projects.


                                       https://miro.medium.com/max/700/1*7k8Kqhrja50gTuS-tkF_RQ.png



                                    https://matrixainetwork.medium.com/matrix-catalyst-for-the-ai-big-bang-part-2-a96ba3ea739c



                                   Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                    Matrix — Catalyst for the AI Big Bang (Part 3)



Market Value of MANTA

Whether for the burgeoning AI industry or for blockchain, MANTA is an epoch-making product with exceptional creativity and social benefit.

The Crypto Mining Disruptor

With the blockchain industry gaining huge traction, some people have claimed blockchain to be the single greatest invention of the 21st century. But despite its luring promises, this industry is also plagued by huge wastes of energy and computing power associated with mining. Forward-thinking individuals and organisations have been crying for “mining with public benefit”, and here comes MANTA to save the day.
Auto-Machine Learning is the core of MANTA. Not only does this AI technology make mining beneficial to the society, its distributed cloud computing also helps to put idle computing power to efficient use, thus saving us a lot of resources. In the future, we expect MANTA to inspire more PoW-based blockchain projects to redesign their consensus mechanism, or they may directly connect to MANTA. Hash computing will be replaced with a more socially beneficial way of mining.

The Catalyst for the Cambrian Explosion of AI

Today, most AI algorithms are trained through machine learning, which has two challenges:
High entry barrier. Like with the Internet, the explosive growth of the mobile economy was made possible only by the popularisation of programming languages, which brought more software engineers than ever into designing mobile apps;
Expensive computing power. Today, most companies and individuals have varying degrees of demand for AI services, but few can afford the high cost. The arrival of MANTA is expected to change this situation.
One core feature of MANTA is machine learning. This will effectively lower the barrier to machine learning and bring people with basic computer knowledge but no sophisticated AI background on board. This way, people with creative ideas will be able to design their own AI applications and services without having to become masters of AI programming. Small companies will be able to launch AI services without recruiting more staff. AI will see a diversity of new uses as more people participate.
The other core feature of MANTA is distributed learning based on idle computing power on Matrix’s network and marketplace. As idle computing power will be cheaper than what centralised providers can offer, companies will no longer need to spend a fortune building their own AI training platforms or renting such services. This cost-efficient way of training AI models will give companies an edge over competitors, and more and more corporate clients will be interested in what the AI market has to offer.
A lower entry barrier, more participants together with diversified algorithms and services, all thanks to MANTA, will pave the way for the Cambrian explosion of AI.



                                                  https://miro.medium.com/max/1400/1*TQxGkUzPzvqIQEdAhjDbQg.png


The Cornerstone for the Digital Society

The advent of the mobile economy has brought us into an increasingly digitalised society. Maybe in the not-too-distant future, everyone will have a digital version of himself/herself, and AI will be our most trustworthy assistant in the digital world.

Every client will appreciate services customised to his/her individual needs. The same is true when it comes to AI services, but due to cost efficiency limitations, this remains a dream, and MANTA aims to turn this into a reality. Since MANTA can deliver users from data privacy worries and the impossible task of mastering AI programming, it will enable people to train their own AI models and create personalised AI services. This will help us move into a highly efficient future society where everyone has access to personalised services, thus eliminating resource waste caused by service centralisation.


                                     https://matrixainetwork.medium.com/matrix-catalyst-for-the-ai-big-bang-part-3-dbb3daf179f7



                                  Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

 

                                                                                             Intro to AutoML
                                                                                by Steve Deng


Following the delivery of stage 1, we have the MANTA and MANAS demos. I am writing this article to help our community understand why machine learning is so important and their challenges.



According to the definition of Wikipedia, “Machine learning (ML) is the study of computer algorithms that improve automatically through experience and by the use of data.” Machine learning algorithms typically train a model to make decisions or predictions on the basis of data. Deep learning is a special family of machine learning techniques that use multiple layers of artificial neural networks as the representation of models. In the past decade, ML, especially deep learning, has made unprecedented breakthroughs in various applications such as image processing, face recognition, natural language processing, predictive maintenance, and scientific discovery. Today our daily life heavily depends on intelligent applications empowered by machine learning models.


                                            https://miro.medium.com/max/668/1*TrSwRC-ik4WUbW8TRu5DRQ.png


Building machine learning models, however, turns out to be challenging. First, data scientists analyze the problem and data samples so as to design the form of models. Second, the parameters in a given model, which amounts to millions or even hundreds of millions, have to be trained with power computing machines. The above two steps typically need to be iterated before a satisfying model can be derived. As a result, the models building process has become the bottleneck of development in many AI applications. The problem is even more pressing in IoT applications where a huge number of models have to be developed.

AutoML, i.e. automatic machine learning, is a series of technologies to build a model with little or even without the need for human intervention. The original ideal of AutoML can be traced back to early 2000’s. The original idea was to incrementally tweak a template consisting of pipelined machine learning modules with adjustable parameters.

With deep neural networks (DNNs) based model representations become more prevalent, now an important part of AutoML is neural architecture search (NAS), which is to automatically search a proper network architecture as well as its parameters (trained by input data) and hyper-parameters (traditionally set by human experts).To do this, we need three key techniques. First, we define a solution space that covers (almost) all possible forms of deep neural networks. An early approach is to represent a deep neural network as a chain of operations, but recent works tend to use directed acyclic graph (DAG) as a unified representation. With such a representation, each DNN is equivalent to a point in the solution space with a specific encoding and an initial solution can be randomly picked up as the starting point of NAS. The second technique is a search strategy, which select the next solution according to the evaluation of the current solution. The essential point is the search strategy can find a sufficiently optimized solution without the need to traverse the whole solution space. Today we use evolutionary algorithm or reference learning as the search strategy. The third technique is an evaluation method that quickly assesses the quality of the current solution. Of course, this objective can be attained by fully training the model corresponding to the current solution and then calculating the error functions. But this would be too slow and thus we are more oriented to exploiting an approximate estimation. With the above techniques, we can build an optimization framework that incrementally searches an optimized DNN model for a give problem.

In the beginning state of NAS, it will take a few days to finish the whole process for a DNN model of medium complexity. Recent technical developments have shortened the time to hours on a reasonable number of GPU cards. State-of-the-art NAS frameworks are capable of generating DNNs models with good qualities in terms of prediction accuracy and computing efficiency on many applications. As a matter of fact, even many researchers already began to design DNNs by taking solutions derived by NAS.

It should be noted that AutoML, especially NAS, is still a computing hungry job. In the search process, we need to train many different solutions and training needs a lot of computing power. In other words, GPU and other high-performance computing platforms are even more critical for the success of AutoML.

                                                            

                                                       https://matrixainetwork.medium.com/intro-to-automl-23183178900b

                                                                               Invitation for MANAS Stage 1 Demo Test


With reference to the stage 1 roadmap and the progress report, we are inviting community members to join a small scale private test of MANAS (MAN AI Service).

1. Scope of test

The purpose of this test is to demonstrate the process of purchasing and running AI services, which involves logging in, topping up balances, making payments, and selecting and running services.

In the future, we’ll also update API features such as creating AI services, etc. Please note it is not a fully functional platform, and we will have further development in our stage 2 and onwards.

2. What do you need for the test?

You need a clear photo of the front of an inactive credit card. The AI model will automatically identify the card number, expiration date and other information. You may also use other objects to fake a credit card, for example, a piece of paper with a card number written on it, to test the AI model’s accuracy and error rate.

MAN coins are needed in this test and will be returned after the test.

3. What AI involved:

a. Image scanning, auto-partition and locating technology: Use AI to partition an image into different areas and define the function and meaning of each area.

b. Optical character recognition technology: Recognize characters in designated areas using AI, and convert the result into digital information for use and storage.

4. What is special about this Matrix technology?

a. High recognition rate, supporting credit/debit cards of various shapes and from various angles.

b. All character groups recognizable, including card number, expiration date, CVV code, issuing bank and other information.

c. Strong usability: 99.99% success rate in different environments.

5. How do I participate?

Interested community members please send an email with all following information :

1. Title: MANAS Private Test

2. Email Body:

(1) Your name:

(2) Country:

(3) How you can help promote MATRIX and/or optimize MANAS:

3. Deadline : on or before 12 July

4. Send to Community@MATRIX.io

5. We will send test accounts to your email




Eric Choy
@MATRIXCMTO
https://twitter.com/MATRIXCMTO/status/1414162729095417861


This is a small scale test to appreciate the flow of purchasing and using an AI service. It is stage 1 demo, and not yet fully functional. More features will come at stage 2 and onwards.



                                                                        https://www.matrix.io/blog_26.html

                                                  https://twitter.com/MatrixAINetwork/status/1414162052462137346

                                                                                        

                                                                                1st Report of July 2021

                                                                Matrix AI Network Bi-Weekly Report



                   https://miro.medium.com/max/1400/1*4Mr6P60SIjg1MNsWM6yxGQ.jpeg


                                        https://matrixainetwork.medium.com/1st-report-of-july-2021-25e5f78095dc



                                Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

              


            A sneak peak of the AI service platform Matrix AI Network are building. MANAS will soon become a part of our everyday lives!




                                            https://pbs.twimg.com/media/E6UcXZDWYAEyVxo?format=jpg&name=medium



                                                                                     http://manas.matrix.io/test/

                                                                        


                                                                    MANAS — Empower AI with  — Part 1



The Great Potential of AI

Artificial Intelligence is a broad field of study that involves computer science, biology, philosophy, etc. Its definition is often vague and up to debate, but essentially, AI is about teaching machines to think, analyze and make judgments just like humans do by imitating how the human brain works.

Today, AI has become the driving force for the next round of technological and industrial revolution, changing society and people’s lives in permanent ways. In recent years, the AI industry has gotten hotter and hotter, and its market is constantly expanding. But although the number of new companies is still growing, its rate has slowed down quite a bit. Funding for the AI industry is constantly increasing, and capital is favouring grown companies as opposed to start-ups. With machine learning, especially deep learning, as the focus, the AI industry is making significant achievements in computer vision, speech recognition, natural language and other areas.

The Scale of the AI Industry on the Rise Around the Globe

Next-generation AI is gaining traction around the globe. It is both a growth engine and a strategic industry for future society. As AI-related research and development pick up speed and AI technologies find commercial uses, the market is getting larger, attracting more capital. In 2019, the global AI industry was worth 520 billion USD, up 30% compared to the previous year. Its fast development has caught the attention of many countries, and most developed countries have made strategic arrangements surrounding the core technologies, capital support, talents and industry standards of AI in an attempt to take primacy in the competition of the future.


                                               https://miro.medium.com/max/830/1*3wHpb2-2k0XqH95wENt9vA.png

                                                                     Market Share of AI Across Sectors

Increasing Number of AI Companies

With the AI industry on the rise, the number of AI companies is also increasing. Although tech giants dominate the market with their incomparable access to technology, talents and capital, there is also gold among start-ups, whose flexibility and innovation offer constant surprises. By the end of 2019, the number of AI start-ups totaled nearly 20,000, with the United States being home to most of them, followed by China and the UK. While American and European companies have a lead in natural language processing, machine vision and AI robotics, Japanese and Korean companies are ahead in semiconductors.

Increasing Global Funding for AI

With such a promising outlook, the AI industry is seeing increasing rounds of funding attracting more and more investment. In 2019, AI start-ups around the globe raised 26.6 billion USD in total in over 2,200 transactions, setting a record. At the same time, the percentage of seed-round and angel-round investments is declining, suggesting that it’s increasingly difficult for start-ups to attract funding as investments flow into medium and large AI companies.

AI Service Is the Breakthrough Point

The prerequisite of AI is machine learning, which is essentially fueled by computing power. Machine learning needs data for material and generates algorithm models as results, while these algorithm models can be used to build AI services and applications which will have tremendous value for society.

Currently, the mainstream way to provide AI services is through an API, which helps developers to easily integrate technologies or services into programs or products they are building. For example, developers may add individual person recognition features to album apps through a facial recognition API. Thanks to the API, they no longer have to program facial recognition codes from the start, nor even thoroughly understand its mechanism. New features can be accessed on cloud when they are enabled on applications through API. API can be used for different purposes, including computer vision, computer speech recognition, natural language processing, search, knowledge mapping, translation, and emotion detection.

In the next few years, the growth of the AI industry will be primarily driven by the growth of AI services.


                                                  https://miro.medium.com/max/415/1*jP-GSRYgBluVps4Ab8ZbAw.png

                                                      Projected Growth of the AI Service Market in Coming Years


Blockchain-Empowered AI — Better AI


Without doubt AI will drive human society forward for the next 40 years. It is gathering momentum in transportation, finance, industry, energy, media and other sectors. The application of AI is digitalizing these industries, inspiring change or even total transformation.

To create a better environment for AI and make AI serve humans more smoothly, Matrix is coming up with a brand new structure. In Matrix 1.0, AI was used to empower blockchain, drastically improving its performance, security and public benefit. On to Matrix 2.0, this will be an AI ecosystem managed through a highly efficient blockchain.

Under this framework, AI is no longer centralized but will be managed and utilized through a decentralized blockchain. Every node on this blockchain will participate in decision-making and execution through the consensus mechanism of the network. This will eliminate the possibility of centralized AI awakening someday. At the same time, AI nodes in the decentralized network can better work together to serve humans.


                                        https://matrixainetwork.medium.com/manas-empower-ai-with-blockchain-e8d49682e009


                                   Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                  


                                                             MANAS — Empower AI with Blockchain — Part 2


About MANAS

The core of the decentralized AI ecosystem that Matrix is building is MANAS (Matrix AI Network AI Service). MANAS is an AI service platform built on Matrix’s highly efficient blockchain. It aims to serve as a smart, secure, fair and trustworthy marketplace for developers and clients alike.

The AI models released on MANAS are not finished products like smartphone apps but integrated into the end-users’ products through cloud services for more usage scenarios.


                                                    https://miro.medium.com/max/830/1*DTraWxKXCJrqSy-rQyDlGw.png


How to Use MANAS

There are four main parts to MANAS.

1. Service deployment and release: Algorithm scientists can deploy models they have developed through MANAS, and MANAS will deploy these services onto distributed container cloud platforms through the Matrix Mainnet.

2. Service trial: People can search for the services they want on MANAS, and these services are available for trial.

3. Service purchase: If people decide to purchase a service after trying, they can pre-order any number of uses they wish for.

4. Service integration: After purchase, an SDK becomes available for download. Follow instructions to integrate the correct version of SDK into your code, and you can use the service.

                                                  https://miro.medium.com/max/415/1*R5KdVv2KObmMpu0r5k39YA.png

The Structure of MANAS

There are five parts to MANAS: bottom network, contract layer, service platform, container cloud and application layer.

1. The bottom layer is made up of the Matrix Mainnet and its distributed storage network. It is for authentication, bookkeeping and secure storage.

2. The contract layer is for facilitating transactions and storing transaction history, fee charges, reward distribution and other information.

3. The service platform hosts core functions of MANAS, including model launching, authentication, integration, usage, payment, etc.

4. The container cloud accelerates the response speed of services and provides mirroring for existing AI services improving their efficiency.

5. The application layer is the interface directly presented to users after they have finished accessing API and integrating SDK.


                                                   https://miro.medium.com/max/415/1*gx5Kay1oo-tM-7XWWRdj6Q.png


                           https://matrixainetwork.medium.com/manas-empower-ai-with-blockchain-part-2-946ce5f96fc0


                     Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                  MANAS — Empower AI with Blockchain — Part 3


The Competitive Advantage of MANAS

The competitive advantage of MANAS will come in three ways: lower development barrier, more algorithm scientists and more users.

How does MANAS lower the development barrier?

AI is a brand new area for most developers. Matrix is building MANTA, the perfect tool for scientists and engineers entering the AI industry, The core of MANTA is auto-machine learning, which will lower the entry barrier to machine learning allowing people with basic computer knowledge but no AI background to participate in AI programming. Creative people with ideas but no AI knowledge can also build their own AI applications and services. Like open platforms such as iOS or Android, MANAS is also building a platform featuring diversity, and the addition of MANTA to the Matrix ecosystem will no doubt facilitate this process.

How does MANAS attract more algorithm scientists?

Besides the entry barrier, another concern for algorithm scientists is intellectual property protection. Matrix has introduced NFT using the two core technologies of distributed storage to protect the interests of algorithm scientists. When an AI algorithm has been trained, it will get authenticated on the Matrix Mainnet, and a transferable NFT will be minted and stored in the distributed storage network.

                                                  https://miro.medium.com/max/415/1*QShEh7JOLEZm54LTwr4rKw.png

Besides building technological advantages, Matrix is also actively exploring channels to attract algorithm scientists into its ecosystem. An example of this is Matrix’s strategic partnership with the renowned Japanese AI algorithm provider Bitgrit. In the future, Matrix will bring over 2000 top-notch algorithm scientists from Bitgrit, and people will get direct access to their quality algorithms and services.

How does MANAS acquire more users?

Decentralization is the prerequisite for a vibrant blockchain project. Matrix will not operate MANAS by itself but will share open API, SDK and the necessary development tools with everyone who has faith in the future of the platform. This will encourage more and more users to join.

Decentralized vs Centralized：Which one is the future?

Currently, AI services are an important part of the product lines of mainstream cloud computing providers such as Alibaba Cloud, AWS, Azure. These companies all have their AI service platforms. Therefore, one may wonder what advantages does MANAS has compared with traditional centralized cloud computing platforms? Can MANAS thrive in this competitive market space?

A More Competitive Ecosystem

The difference between centralized and decentralized platforms lies in who provides the AI services. Traditional centralized AI service platforms are providers themselves. As we know, the long-term development of a platform relies on a vibrant and competitive ecosystem. Just like biological ecosystems thrive in diversity, MANAS will facilitate diversified services by providing a structure like iOS or Android for independent AI algorithm scientists to deliver their services. Free market competition will motivate these services to self-improve and drive MANAS forward to a better future.

Cheaper and More Individualized Services

Different from centralized platforms, MANAS adopts a C2C business structure, as a perfectly competitive market offers the lowest service cost. At the same time, MANTA’s auto-machine learning will remove the entry barrier to MANAS, and Matrix’s decentralized computing network will provide scientists with cheap computing power, which also guarantees the competitive pricing of services and applications on MANAS.

As MANAS is a C2C platform, it will be primarily demand-driven in contrast to centralized platforms. It will satisfy a diversity of consumer demands and niche markets so that every aspect of people’s commercial life will benefit from the AI revolution.


                                     https://matrixainetwork.medium.com/manas-empower-ai-with-blockchain-part-3-3e35f28d24b4


                                   Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                  MANAS — Empower AI with Blockchain — Part 4


The MANAS Trinity — A Mutually Beneficial Business Model

Different from the B2C service model of conventional centralized AI service platforms, the MANAS model is multi-lateral, and each side plays an indispensable role and wins the corresponding benefits.

1. Algorithm scientists: As AI service providers, they build the core products of MANAS and make a considerable profit doing so.

2. Users: On MANAS, users can find AI services matching their individual needs at competitive prices.

3. Miners: When scientists train new AI algorithms or when users run AI services, the computing power that support these functions is provided by miners. Leasing idle computing power becomes an additional source of income for miners.


                                                      https://miro.medium.com/max/830/1*58XWD3Qq2Oql9S3tPmiFbg.png

                                                          The Trinity of Algorithm Scientists, Miners and Users


MANAS — — Matrix’s Value Platform

Matrix 2.0 plans to build a decentralized AI ecosystem. The value anchor for this ecosystem is data, which is the source material people use to produce and operate AI services, and MANAS is the platform where this will happen.

                                                      https://miro.medium.com/max/415/1*SFuDliNlYGxioKD0NmQM0Q.png

                                                                    Blockchain-Based AI Ecosystem in Matrix 2.0

The arrival of MANAS will mean more profits for the AI model builders and miners of the Matrix ecosystem. As the platform develops and clients with all types of needs join the ecosystem, there will be a huge demand for not only algorithm models and but also data to support algorithm training. People who provide data for MANAS will be as well rewarded as algorithm scientists and miners.

More importantly, all the transactions that take place on MANAS will be made in MAN only, which will further boost MAN’s demand and liquidity.

According to estimation, AI services will be a 4 billion USD business by 2024. If MANAS can become a unicorn in distributed AI with more than 15% market share, this will be a remarkable achievement for everyone who is invested in the Matrix ecosystem.


                                   https://matrixainetwork.medium.com/manas-empower-ai-with-blockchain-part-4-94b5fa76e4c7


                               Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                              Wallet and Browser Upgrade


As part of deliverables of Stage 1 Roadmap, the project team has deployed upgrades to Wallet and Browser, and we will keep upgrading the functions.

1. Wallet upgrade

It supports the NFT, including the asset management and the Wormhole protocol which is to increase the liquidity of Matrix. It is already deployed.

Specifically, it has the management function of NFT (ERC 721), which the screen cap below is self-explanatory.


                                                          https://miro.medium.com/max/830/1*pAZmrhpoxq9AtsZ0HdDGCQ.png


The upgrade also includes a cross chain protocol with Binance Smart Chain (BSC), which an introduction and a technical guide have been available at website.

Below screen cap is a self-explanatory step to transfer assets between MATRIX and BSC.


                                                         https://miro.medium.com/max/415/1*-Exk-DQcBiYGdOY_9PtZ2Q.png

2. Browser update

It supports NFT as well, for example the search and also the transaction logs (See Screen Cap below). It has been deployed.

                                                          
                                                       https://miro.medium.com/max/415/1*jxy5GeY0zcIIPCjCDcp5mg.png


3. Rationale

We are upgrading the two with a strategic aim of NFT achieving :

a. Better liquidity: Liquidity is a big part of the value of any digital asset. By connecting Matrix Mainnet with other blockchain platforms, we are raising MAN’s value.

b. More interaction with other communities：As assets go from one platform to another, so do new users join MATRIX from other communities.

c. More complete ecosystem: Since MAN can now be used on other platforms, there will be more usage scenarios for MAN, which further boosts MAN’s value and liquidity.

d. Benefits to MANART: NFT is to become a big part of the Matrix ecosystem. Our AI art platform (MANGA) and compute-data-algorithm platform (MANIA) both stand to benefit from a bigger market and better liquidity. We will see Matrix NFT traded on the best NFT trading platforms. As more users join our ecosystem, more AI-based digital assets will be created, laying a solid foundation for MATRIX and MAN.



                                             https://matrixainetwork.medium.com/wallet-and-browser-upgrade-ceb0975e04b

                                    Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

Hi! Why doesn't huobi exchange tokens? I mean from the format ERC-20 to another format, which new one?
I think this is too unfair because the price on the exchange is too high than on other exchanges. It smells like collusion, don't you think?

                                                                      Matrix AI has been listed on P2PB2B


                             On @MatrixAINetwork, MAN tokens are used for rewarding, payment and digital asset authentication.


                                 https://pbs.twimg.com/media/E7SSMHXXIBE2I5m?format=jpg&name=medium


                                                   https://twitter.com/p2pb2b/status/1419921562296328193?s=28

                                                                     https://p2pb2b.io/trade/MAN_USDT/

 
                                                          Heat Recycling — Redemption for Crypto Mining



Mining and Resource Waste

Blockchain technology has come to the central stage of the digital economy, introducing us to a better version of our society — in spite of one thing that keeps it at the center of controversy; and that is the waste of energy and computing power caused by PoW mining.


                                                   https://miro.medium.com/max/830/1*MFu5oRjoYEq-_4O0Po3leQ.png


Based on research, 70% of the world’s total computing power is consumed for mining cryptos, which is a million times what Google utilizes. Furthermore, mining energy consumption takes up 0.5% of the world’s total, which is in excess of the combined usage of many countries. The challenge nowadays is the fact that mining does not create any real value for society in a more conventional sense, and is thus perceived by many as definite waste.

Carbon Neutrality Puts Crypto Mining at an Awkward Place

It is a global consensus that a green economy is the future of mankind. As more countries devote themselves to reaching “carbon neutrality” and “emission peak”, these concepts are quickly becoming the new themes of the global economy. “Emission peak” is to plan for the carbon emission of a country to peak at a certain year and then gradually decrease. Combined with tree planting, energy saving and carbon capture and storage measures, we can reduce carbon emission by human activities so that it will eventually go down to zero, and this is what we call “carbon neutrality”. In such a context, crypto mining, which sits on the opposite side of our carbon-neutral future with its heavy consumption of energy and computing power, naturally becomes the focus of governmental regulations.

                                                 https://miro.medium.com/max/415/1*xAAtAjD0IM03IqtDD_6G4w.png


As shown in the chart, China was the largest crypto mining country, taking up 65% of the total computing power for crypto mining. In this sense, China was also the biggest victim of energy waste. Meanwhile China is tightening its financial policies, which, coupled with the “carbon neutrality” drive, will mean tougher restrictions on Bitcoin mining.

                                                https://miro.medium.com/max/415/1*D709mqrnCpZxfCKlxtHpig.png

Starting from Inner Mongolia, China is launching a nationwide crackdown on Bitcoin mining. Top Bitcoin mining regions such as Inner Mongolia, Xinjiang and Sichuan all issued governmental orders to ban all types of Bitcoin mining.

Crypto Fighting for a Way Out


This round of banning is not only a heavy blow to Bitcoin mining, it also shook people’s faith in crypto’s value. As we know, the value of crypto lies in its distributed computing power, and the price of crypto is anchored on mining energy costs. Therefore, although the price ceiling of Bitcoin is determined by market consensus, its floor has everything to do with mining. As China previously held 65% of the world’s Bitcoin mining power, this ban will cause the total computing power of Bitcoin to drop by two-thirds, thus pulling the rug from under Bitcoin’s price, which began to crash the moment news hit the market of the Sichuan governmental order.

Under such unfavorable circumstances, Bitcoin along with the rest of the crypto industry is desperately searching for a way out for stable long-term growth, and the question how to make mining compatible with carbon neutrality is the industry’s top concern. Influential people like Elon Musk suggest founding a special committee to regulate Bitcoin mining and using green energy combined with heat recycling to meet carbon neutrality goals.

                                                                            https://miro.medium.com/max/230/1*fej8sDiCjCOUJzNU0s5z8Q.png
                                                                   Elon Musk Talks About Mining Heat Recycling



                      Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                           Heat Recycling — Redemption for Crypto Mining — Part 2


Mining Farm for Central Heating — Carbon Neutral Mining


Matrix has always taken “More Public Benefits” as one of its missions. Previously Matrix introduced AI computing into its consensus algorithm and invented Hybrid PoW to utilize spare computing power. And now Matrix is about to welcome another breakthrough: heat from mining farms will be used to warm up cities.

The mechanism behind this is to use insulating liquid to collect heat emissions from the Apocalypse miners, and then send the energy to where it’s needed with the help of an AI-assisted Heat Exchange System.


                                             https://miro.medium.com/max/830/1*epS7V6LgP4eQ9riHMrEOWQ.png
                                                              Apocalypse Mining Central Heating Mechanism

Most of North China utilizes central heating during winter, which obviously could harm the environment. Matrix’s new method will help not only to lessen the harmful impact on nature, but also pioneers a less wasteful mining solution with environmental protection as a top priority.

Dadamutu Village School in Ghulja, Xinjiang was the first to experience this new innovation. For the entire winter of 2020, heat from Matrix’s Apocalypse mining machines kept those classrooms and dorms at a temperature above 24 degrees, using only a third of the energy compared to furnaces.


                                                        https://miro.medium.com/max/281/1*AlJBWKvtHNG53hHrYhyRhg.png

Social Benefits of Matrix’s Carbon Neutral Mining


Matrix’s Carbon Neutral Mining is the solution to the difficulties Bitcoin mining farms are facing. If Matrix’s innovation is adopted on a massive scale, the tremendous social value this creates will make crypto mining relevant for China again.

                                        
                                           https://miro.medium.com/max/415/1*ceFe6vVc3NWdYgbNkJXZiA.png
                                                       Matrix’s Heat Recycling Serving Different Mining Farms


According to Matrix, besides adapting existing mining farms for heat recycling, the team is also seeking to apply its innovative technologies in Internet data centers, supercomputing centers and other scenarios where cooling is needed to help reduce emissions.

Conclusion

It is not necessarily mining that gives the crypto industry such a bad name, but rather the fact that mining wastes so much energy that it can’t be allowed a place in our carbon-neutral future. If there is a way around this, then the long-term growth of the crypto industry is guaranteed. In this sense, China’s ban on Bitcoin mining has given Matrix just the right opportunity to shine, and Matrix will carry through with its promise of “More Public Benefit” and pioneer a greener crypto economy.



                      Matrix AI Network leverages the latest AI technology to deliver on the promise of blockchain.

                                                                             2nd Report of July 2021

                                                                        Matrix AI Network Bi-Weekly report.


                                                            https://miro.medium.com/max/632/1*ISSRFl5bqS58OXITpnoxkQ.jpeg

                        Matrix AI Network ---  July Ask Me anything $MAN with @MATRIXCMTO and @Owen_Matrix

                                                   https://www.youtube.com/watch?v=hw-cIA9Pb_w

                                                       https://t.me/matrixainetworknews/335






 

                                                  Matrix — — More Public Benefit for Crypto Mining (Part 1)



Bitcoin — A Great Financial Product

As news of Bitcoin price hitting 60,000 USD took financial media headlines by storm, the world was once again surprised by the growth potential of this novel financial asset. At the same time, crypto started attracting investment from mainstream financial institutions and tech visionaries (such as Elon Musk) alike. When the SEC announced it would approve Bitcoin ETFs, no one could deny anymore that Bitcoin had earned its place in mainstream institutions’ portfolios.


                                                       https://miro.medium.com/max/1400/0*ya6dndGSvy0Clmqi.jpg


                                                                                 Picture: Bitcoin Price Chart

People call Bitcoin the greatest invention of the 21st century. This novel asset class invented by Satoshi Nakamoto has disrupted the financial sector and promises people a freer, fairer and more transparent financial life based on blockchain technology and PoW consensus mechanism.


The Original Sin of Crypto Mining

Despite being hailed as the greatest invention of the 21st century and a price skyrocketing 70 million times since its birth in January 2009, Bitcoin carries two original sins: energy waste and computing power waste.

Energy Waste

We all know that at the core of Bitcoin is the PoW consensus mechanism. This mechanism guarantees the security and fairness of blockchain networks, but this comes at the cost of energy waste.

                                           https://miro.medium.com/max/584/0*HfYTYvwnnUBxtmXy.jpg

                                                      Picture: Country Energy Consumption Compared with Bitcoin

If Bitcoin were a country, it would rank before Argentina as the 29th largest energy consumer in the world, and all the resources spent in mining could have been used for other socially beneficial causes instead.

Computing Power Waste

If we use floating-point operations per second (FLOPS) to calculate computing power, then Bitcoin mining consumed a total of 8.3×〖10〗²² FLOPS in 2018.

Putting this in perspective, we have:

The total computing power available to Google: ~80P FLOPS = 8×〖10〗¹⁶ FLOPS
The computing power output of 500 supercomputers: 672P FLOPS = 6.72×〖10〗¹⁷ FLOPS
The total computing power available to the world: 1.2×〖10〗²³ FLOPS
As we can see, 70% of the world’s computing power is used for mining, and Bitcoin mining consumes a million times the computing power available to Google.

This is a huge waste because hash calculation in PoW mining is for encryption only. It guarantees Bitcoin transactions are accurate and immutable but does not create any other social value whatsoever. If this much computing power were used for scientific research, we might have already invented the artificial brain, which would be a quantum leap in science.

Controversy and Negative Impact

Although Bitcoin is getting accepted as a mainstream asset class, there are also criticisms. While Bitcoin bulls view energy wasteful mining as Bitcoin’s price anchor, bears argue that the waste is pointless and that Bitcoin doesn’t really have a price anchor. We can see this from Elon Musk’s attitude change towards Bitcoin.

                                             https://miro.medium.com/max/550/0*bpJtrqLsA-ZkDKyx.jpg

                                                        Picture: Elon Musk Suspends Tesla Purchase Using Bitcoin


From Tesla buying 1.5 billion USD worth of Bitcoin to Musk announcing the suspension, merely three months have passed, and the news shocked crypto investors, causing Bitcoin price to halve in days.

                                                              Matrix — — More Public Benefit for Crypto Mining (Part 2)


Matrix Holds the Key

The issue of sustainable growth is the greatest hurdle to the rise of crypto and blockchain to the central stage of the financial world. To solve this problem once and for all, crypto enthusiasts and developers have experimented with countless solutions, and Matrix’s AI-empowered blockchain stands out as one of the most promising.
Matrix’s solution is twofold: 1. to build a PoW algorithm that can generate social value; 2. to design a consensus mechanism where only some of the miners do PoW mining.

PoW Algorithm That Creates Social Value

As security is one of the central benefits of PoW, we can’t do without an encryption algorithm. How do we guarantee the same level of security while making PoW mining useful to society? Matrix has the solution.
By adopting a PoW mechanism that integrates AI algorithms (image recognition) with hash algorithms, we can minimize energy waste and at the same time create social value with AI computing. This way, the value foundation of MAN is not only anchored by the value of the energy spent in mining but also the computing power used for AI computing. This socially beneficial way of mining is clearly ahead of the competition.

                                                   https://miro.medium.com/max/1400/1*bVLHuD5E_YezTeX6jCD1OQ.jpeg


A Hybrid PoW Consensus Mechanism That Minimizes Computing Power Waste

Besides designing more socially beneficial mining algorithms, Matrix further reduces the energy consumption of mining by adopting a hybrid PoW consensus mechanism.

                                      https://miro.medium.com/max/700/1*lxqUMV8Gv-4MpT6ZnMD38g.png

Hybrid PoW is essentially a combination of DPoS and PoW. Statistically speaking, election-based PoW has roughly the same long-term expected return as global full-time PoW, which is to say that the introduction of election-based PoW does not affect miners’ profits, the only concern being that the fairness of result may be compromised. This is the problem for most DPoS election mechanisms, while Matrix, through random clustering algorithms (RCA), is capable of truly random elections.

                                     https://miro.medium.com/max/700/1*ozJgZsZXTK2iI9ZMKVVOtw.jpeg

Conclusion

Most public chains with a PoW consensus mechanism do not consider the energy waste it causes. Matrix, on the other hand, not only realizes the importance of socially beneficial mining but also has a practical way to implement it. This is especially rare.
As Matrix integrates more computing power providers including PoW-based public chains into its network, the original sins of crypto mining will become history, and by that day blockchain will truly become a powerful tool for scientific research and the development of society.

                                                     New Direction for Public Chains in the Carbon Neutral Future (Part One)



Opportunities and Challenges of the Carbon Neutral Era

An important theme of the global economy this year is carbon neutrality. Ironically, this year also saw more people than ever investing in crypto, which has long been criticized for its energy waste.

In the 2021 Global Blockchain Computing Power Conference, economist, president of the Cryptocurrency Academic and Technical Committee, Zhu Qiming said, “The circumstances surrounding the computing power industry and green energy mean that carbon emission is an issue we have to solve. This poses serious challenges for the computing power industry and yet also holds opportunities for the next round of growth.”


                                                 https://miro.medium.com/max/1400/1*EF15mdyKm5T8viSsGlQ8cQ.png


This year, many countries have started implementing varying degrees of regulative policies to bring the development of crypto and blockchain in line with carbon neutrality. As a response, crypto and blockchain projects have experimented with many solutions. For example, Ethereum plans to replace PoW with PoS, and Gryphon Digital Mining has announced they will mine Bitcoin using renewable green energy.

Of all these solutions, Matrix has presented one that seems the most promising. On the software level, Matrix has adopted an AI-hash mixed algorithm together with a non-global hybrid PoW. On the hardware level, Matrix has invented a system that conveys heat emission from mining farms to nearby cities for central heating.

What does this all mean for the future of the Matrix ecosystem? The short answer: this will be a case study for all crypto projects to learn from.



                https://matrixainetwork.medium.com/new-direction-for-public-chains-in-the-carbon-neutral-future-part-one-deb4d5480dd7

                        Matrix AI Network integration tutorials — Part 1: Converting an ETH address to MAN address (JS, NodeJS), Beginner level



This tutorial is for educational purposes only, I’m not responsible for any losses, damages, or other liabilities which may occur by using any info/code provided here(or anywhere else it is posted).


                                          https://miro.medium.com/max/700/0*dgObPpUGeBSbEqfy.png


I’m under no circumstances a Javascript professional (or a JS Ninja/Expert)!

The code is not production ready! (only for learning purposes)

In this guide, I’m going to show you how to convert an ETH address to an MAN address (Mainnet).
The language picked for this guide will be JavaScript with Node.js as a runtime environment. (as a prerequisite you’ll have to install Node.js, https://nodejs.org/en/,make sure to also install npm, an editor like https://code.visualstudio.com/ and create a folder on which we will have the project on, somewhere)

Let’s first start by opening a cmd prompt.

To open a terminal you can type cmd into the start search bar, the start search bar is at the bottom left of the screen (if no themes were applied)

After opening the terminal we are going to cd into the folder we created (in my case, AddressCoverter): cd AddressConverter

Now we are going to create a new npm package by running npm init in a command prompt (pointing at a folder of your choice, I’ll use my folder on Desktop for this test, named AddressConverter) and provide the right info (or skip through it by pressing enter and writing yes at the end of the ‘setup’ (Is this Ok?), it should look similar to this:


                                        https://miro.medium.com/max/700/0*KFcOU9hYI_XdFxMi.png


Also, run the following commands on the cmd you got open at the package location (we install some packages which we will be using for our mini-application):


npm install buffer

npm install polycrc

npm install bs58


Now open Visual Studio Code on that folder location, create a file named index.js, install any required extensions (js lint or anything that is suggested by Visual Studio Code for node.js/js) and let’s start coding.

We start by including the modules we previously installed:


                                       https://miro.medium.com/max/607/0*JAjSfW-N55S3ONeu.png


Now let’s create a function that checks if the address we provided is VALID (has valid characters, we will use regex for that, make sure that the provided address starts with 0x then it is followed by a string of 40 hexadecimal characters: a…f, A…F, 0…9, the i modifier is used to perform case-insensitive matching):


                                       https://miro.medium.com/max/700/0*3oQ_dccaQCGU6a1m.png


Now we call another function named getConvertedManAddress, this one will convert it into a Matrix AI Network Mainnet format (Base58, the excluded characters are 0, O, I, l):


                                       https://miro.medium.com/max/700/0*XTKfsNuz2NF5Mq_V.png


Whole program (https://github.com/CognitiveProcessing/Matrix-AI-Network-Code-Snippets/blob/main/js/ethToManAddressConverter.js):


                                       https://miro.medium.com/max/700/0*gIOb1tI0CAzRPmjQ.png


                                       https://miro.medium.com/max/700/0*-UXT8akaul6QJRoR.png


For `0x5Fd71CF221e450E619638338bD21871229835261` it should return `MAN.2LSfiVSmKx8PD9YUbdVGuHEhDY3Jz`

For `0x5Fd71CF221e450E619638338bD21871229835261z` it should return `0x5Fd71CF221e450E619638338bD21871229835261z is not a valid ETH address`


For more documentation on the packages used, you can check: https://www.npmjs.com/package/bs58

https://www.npmjs.com/package/buffer

https://www.npmjs.com/package/polycrc

Also, check out the official Matrix AI Network Developer Portal: dev.matrix.io

                                                              New Direction for Public Chains in the Carbon Neutral Future (Part Two)


The Potential of Carbon Neutral Mining

Matrix has always held More Public Benefit as its motto, and guided by this principle, Matrix has come up with a brand new hybrid PoW. The core of this design is to use random cluster algorithms to elect representative nodes to carry out PoW computing, thus avoiding the energy and computing power waste of a global PoW consensus mechanism.

Besides minimizing energy waste, this design also comes with the side benefit of huge commercial potential. As there will be many unelected miners in each mining cycle, they can lease out their idle computing power for profit just like cloud computing platforms do.


                                                 https://miro.medium.com/max/1400/1*mWGV2wyt11CDu_PzrLWzKg.png

                                                                     Matrix’s Computing Power Output Workflow


As miners already get a decent return from mining, selling computing power is a side income for them. For this reason, Matrix will be able to provide computing power at more competitive costs than conventional cloud computing platforms. In addition, Matrix has two more tricks up its sleeves.

As the team will not run this distributed computing platform themselves, but instead provide open API and SDK for anyone to use building his/her own distributed cloud computing center, this platform will be highly efficient.

In the future, Matrix will also be capable of utilizing computing power from all types of devices, like your laptop or gaming console. When idle, these devices will export their computing power to AI companies for profit.


                                                https://miro.medium.com/max/2400/1*IHbi7LPfLyPK3zsttBrduQ.png

                           Cost Comparison Between Computing Power from Consumer Devices and Traditional Cloud Computing Providers


This innovative business model will bring a lot of life to the Matrix ecosystem. Firstly, when leasing idle computing power, all transactions will be made in MAN, thus boosting its liquidity. Secondly, when people apply to become a third-party vendor of idle computing power, Matrix will require them to stake a number of MAN, which limits the total number in circulation causing MAN to appreciate. Lastly, as an AI giant of the future, Matrix is in the perfect spot to utilize the cheap computing power to facilitate the work of AI scientists on its platform.

The Advantage and Business Potential of Heat Recycling



Matrix’s mining farm heat recycling technology is already implemented in some shopping malls and schools at one-third of the cost of conventional heating. After China banned Bitcoin mining due to energy waste concerns, this innovation is the key to the long-term development of farms mining MAN.

Even better, a number of Bitcoin mining farms are already approaching the Matrix team hoping to get the help of this technology to meet carbon neutrality standards.

Conclusion

Sustainable development is the theme of our time, and carbon neutrality is a trend that cannot be reversed. Therefore, blockchain and crypto projects have to adapt. Matrix’s solution takes advantage of the trend and turns it into an opportunity for the long-term growth of its ecosystem. This will pay off over time.



               https://matrixainetwork.medium.com/new-direction-for-public-chains-in-the-carbon-neutral-future-part-two-4b6935a4a862

                                                                             Matrix AI — the solution for sustainable crypto mining


Bitcoin — A Great Financial Product

As news of Bitcoin price hitting 60,000 USD took financial media headlines by storm, the world was once again surprised by the growth potential of this novel financial asset. At the same time, crypto started attracting investment from mainstream financial institutions and tech visionaries. When the SEC announced it would approve Bitcoin ETFs, no one could deny anymore that Bitcoin had earned its place in mainstream institutions’ portfolios.


                                                               https://miro.medium.com/max/1108/1*xHGlt2bIAZ7gqfpLejOU5g.png

                                                                                                       Bitcoin Price Chart


The Original Sin of Crypto Mining

Despite being hailed as the greatest invention of the 21st century, Bitcoin carries two original sins: energy waste and computing power waste. It is a global consensus that a green economy is the future of mankind, but with its heavy consumption of energy and computing power, crypto mining sits on the opposite side of our carbon-neutral future.

Energy Waste

At the core of Bitcoin lies the PoW consensus mechanism, which guarantees the security and fairness of blockchain networks, but this comes at the cost of energy waste. If Bitcoin were a country, it would rank before Argentina as the 29th largest energy consumer in the world, and the resources spent in mining could have been used for socially beneficial causes instead.

                                                              https://miro.medium.com/max/458/1*o4vUGULjXSpbaYmWUT5xqA.png


Computing Power Waste

70% of the world’s computing power is used for mining cryptos, and Bitcoin mining consumes a million times the computing power available to Google. This is a huge waste because hash calculation in PoW mining is for encryption only. It guarantees Bitcoin transactions are accurate and immutable but does not create any other social value whatsoever. If this much computing power were used for scientific research, quantum leaps could have been taken.

Government regulations

China was the largest crypto mining country, taking up 65% of the total computing power for crypto mining, and in this sense, also was the biggest victim of energy waste. Meanwhile, China has issued governmental orders to ban all types of Bitcoin mining in top mining regions, such as Inner Mongolia, Xinjiang and Sichuan. This round of banning is not only a heavy blow to Bitcoin mining, but it also shook people’s faith in crypto’s value.

Under such unfavorable circumstances, Bitcoin along with the rest of the crypto industry is desperately searching for a way out for stable long-term growth, and the question how to make mining compatible with carbon neutrality is now the industry’s top concern.

Matrix Holds the Key

The issue of sustainable growth is the greatest hurdle to the rise of crypto and blockchain to the central stage of the financial world. To solve this problem, crypto enthusiasts and developers have experimented with countless solutions. For example, Ethereum plans to replace PoW with PoS, and Gryphon Digital Mining has announced they will mine Bitcoin using renewable green energy.

One of the most promising solutions is Matrix’s AI-empowered blockchain. Its solution is threefold: 1. to build a PoW algorithm that can generate social value; 2. to design a consensus mechanism where only some miners do PoW mining; 3. to create carbon-neutral mining by using mining farms for central heating.

1. PoW Algorithm That Creates Social Value

As security is one of the central benefits of PoW, we can’t do without an encryption algorithm. How do we guarantee the same level of security while making PoW mining useful to society? Matrix has the solution.

By adopting a PoW mechanism that integrates AI algorithms (image recognition) with hash algorithms, Matrix can minimize energy waste and at the same time create social value with AI computing. This way, the value foundation of MAN is not only anchored by the value of the energy spent in mining, but also the computing power used for AI computing. This socially beneficial way of mining is clearly ahead of the competition.

                                                             https://miro.medium.com/max/428/1*WSIo1Z5EZXtfNyGfoOFKcw.png
 
                                                                                    How Matrix AI Network Generates a Block


2. A Hybrid PoW Consensus Mechanism That Minimizes Computing Power Waste

Besides designing more socially beneficial mining algorithms, Matrix further reduces the energy consumption of mining by adopting a hybrid PoW consensus mechanism, which is essentially a combination of DPoS and PoW. Statistically speaking, election-based PoW has roughly the same long-term expected return as global full-time PoW, which is to say that the introduction of election-based PoW does not affect miners’ profits, the only concern being that the fairness of the result may be compromised.

With the help of random clustering algorithms (RCA), Matrix is able to design a hybrid PoW that is truly fair and secure. Matrix doesn’t require all the miners in its network to do PoW mining in every mining cycle, and only nodes randomly chosen by RCA are involved in PoW computing. This way the energy consumption of mining is greatly reduced.

                                                            https://miro.medium.com/max/505/1*jkV33UtUHeFZQYeiBVZvoA.png

                                                                                               The Mechanism of RCA

Meanwhile, unelected miners can lease their idle computing power for other people and companies to use, just like cloud computing platforms do.

                                                           https://miro.medium.com/max/484/1*SMNlWJn2Se-3j5EXD6BzuQ.png

                                                                                    Matrix’s Computing Power Output Workflow

As miners already get a decent return from mining, selling computing power is a side income for them. For this reason, Matrix will be able to provide computing power at more competitive costs than conventional cloud computing platforms. In addition, Matrix has two more tricks up its sleeves.

As the team will not run this distributed computing platform themselves, but instead provide open API and SDK for anyone to use building his/her own distributed cloud computing center, this platform will be highly efficient.

In the future, Matrix will also be capable of utilizing computing power from all types of devices, like your laptop or gaming console. When idle, these devices will export their computing power to AI companies for profit.

                                                          https://miro.medium.com/max/425/1*AcpDhJR5dsw9OLtWvWpdpQ.png

                                    Cost Comparison Between Computing Power from Consumer Devices and Traditional Cloud Computing Providers

3. Mining Farm for Central Heating — Carbon Neutral Mining

Matrix welcomed a third breakthrough: heat from mining farms will be used to warm up cities. The mechanism behind this is to use insulating liquid to collect heat emissions from the Apocalypse miners, and then send the energy to where it’s needed with the help of an AI-assisted Heat Exchange System.

                                                        https://miro.medium.com/max/554/1*eDTve7v4P957zYpbeRi1Bw.png

                                                                                      Apocalypse Mining Central Heating Mechanism

Most of North China utilizes central heating during winter, which obviously could harm the environment. Matrix’s new method will help not only to lessen the harmful impact on nature, but also pioneers a less wasteful mining solution with environmental protection as a top priority. Dadamutu Village School in Ghulja, Xinjiang was the first to experience this new innovation. For the entire winter of 2020, heat from Matrix’s Apocalypse mining machines kept those classrooms and dorms at a temperature above 24 degrees, using only a third of the energy compared to furnaces.


                                                         https://miro.medium.com/max/375/1*Vg1fKvFgh9SU5o5ABd7qFg.png
                                                                              The Apocalypse Miner Central Heating Setup


Matrix’s Carbon Neutral Mining is the solution to the difficulties Bitcoin mining farms are facing. If Matrix’s innovation is adopted on a massive scale, the tremendous social value this creates will make crypto mining relevant for China again. Already a number of Bitcoin mining farms have approached the Matrix team hoping to get the help of this technology to meet carbon neutrality standards.

                                                       https://miro.medium.com/max/554/1*shbHGNaXuIUBxsXJrcjx4Q.png

                                                                        Matrix’s Heat Recycling Serving Different Mining Farms


According to Matrix, besides adapting existing mining farms for heat recycling, the team is also seeking to apply its innovative technologies in Internet data centers, super computing centers and other scenarios where cooling is needed to help reduce emissions.

Conclusion

Sustainable development is the theme of our time, and carbon neutrality is a trend that cannot be reversed. Therefore, blockchain and crypto projects have to adapt. Matrix not only realizes the importance of socially beneficial mining, but also has a practical way to implement it, which is very rare within the crypto industry.

China’s ban on Bitcoin mining has given Matrix just the right opportunity to shine, and Matrix will carry through with its promise of “More Public Benefit” and pioneer a greener crypto economy. Matrix’s solution takes advantage of the trend and turns it into an opportunity for the long-term growth of its ecosystem.

As Matrix integrates more computing power providers including PoW-based public chains into its network, the original sins of crypto mining will become history, and by that day blockchain will truly become a powerful tool for scientific research and the development of society.




                          https://matrixainetwork.medium.com/matrix-ai-the-solution-for-sustainable-crypto-mining-7ddf10956811

          Matrix AI Network integration tutorials — Part 1.1: Converting an MAN address to ETH address (JS, NodeJS), Beginner level


Author: Delbypoc
This tutorial is for educational purposes only, I’m not responsible for any losses, damages, or other liabilities which may occur by using any info/code provided here(or anywhere else it is posted).

                                                         https://miro.medium.com/max/1400/0*LbmNg_0XbsWNIHLs.png


I’m under no circumstances a Javascript professional (or a JS Ninja/Expert)!

The code is not production ready! (only for learning purposes)

In this guide, I’m going to show you how to convert an MAN address (Mainnet) to an ETH address.

You can find the article which shows how to convert an ETH to a MAN address here (and the prerequisites I use):

Let’s start programming!

I will start by creating a function that checks if the address we provided is VALID (has valid characters, we will use regex for that, make sure that the provided address starts with MAN, matches ‘.’, then it is followed by a string of 21–29 characters: a…Z, A…Z, 0…9 (matches 21–29 times, after MAN.)):

                                               https://miro.medium.com/max/700/0*FtXBaLX5g8iQVD6i.png

Also, we will check for cyclic redundancy:

                                               https://miro.medium.com/max/700/0*YgAslE_S9ZEU0QC2.png

Then we will decode the address (base 58 encoded string, without the last Character) then convert it to hex and add 0x before it:

                                              https://miro.medium.com/max/700/0*tyBw3JD0z3phsw3U.png

Whole program (https://github.com/CognitiveProcessing/Matrix-AI-Network-Code-Snippets/blob/main/js/manToEthAddressConverter.js)

For ‘MAN.2LSfiVSmKx8PD9YUbdVGuHEhDY3Jz’ it should return ‘0x5fd71cf221e450e619638338bd21871229835261’

For ‘MAN.2LSfiVSmKx8PD9YUbdVGuHEhDY3JzO’ it should return ‘MAN.2LSfiVSmKx8PD9YUbdVGuHEhDY3JzO is not a valid MAN address’

For more documentation on the packages used, you can check: https://www.npmjs.com/package/bs58
https://www.npmjs.com/package/polycrc

Also, check out the official Matrix AI Network Developer Portal: https://dev.matrix.io/



                          https://matrixainetwork.medium.com/matrix-ai-network-integration-tutorials-part-1-1-9f9efb530630

                                                                                  1st Report of August 2021

                                                                                       Matrix AI Network Bi-Weekly report


                                               https://miro.medium.com/max/574/1*CP5oEFbClh_6e-RbyRnw7Q.jpeg

                                              https://pbs.twimg.com/media/E80m-oaWYAMT2ym?format=jpg&name=small

                                                                                   Matrix and The Belt and Road



The Belt and Road

The Belt and Road Initiative (or B&R) is short for the Silk Road Economic Belt and the 21st Century Maritime Silk Road. Upholding principles of political trust, economic integration, cultural exchange as well as common interests, common goals and mutual commitment, the initiative aims to build a platform of multilateral cooperation between China and countries along the Ancient Silk Road.

The Belt and Road spans across Eurasia, connecting the vibrant East Asian economy with the more developed European economy linking many developing economies in between. The Silk Road Economic Belt consists of three routes: 1. China — Central Asia — Russia — Baltic Sea; 2. China — Central Asia — West Asia — Persian Bay — Mediterranean; 3. China — Southeast Asia — India Ocean. The 21st Century Maritime Silk Road consists of two routes: 1. China’s eastern coast — South China Sea — Indian Ocean — Europe; 2. China’s eastern coast — South China Sea — South Pacific.

The Belt and Road Initiative will link major cities on key inland trading routes, building multi-national economic corridors that connect 1. China, Mongolia and Russia; 2. China, Central and West Asia; and 3. China and the Indochinese Peninsula. On sea, it will create two economic corridors connecting 1. China and Pakistan and 2. China, Bangladesh, India and Myanmar, bringing closer the relations and economic ties of countries along its path.

                    https://teachers.1990institute.org/wp-content/uploads/2018/11/2000px-One-belt-one-road.svg_-768x516.png

                                                                        The Belt and Road Initiative Overview


By Jan. 30th, 2021, China had secured the participation of 171 countries and organizations in the Belt and Road Initiative through 205 cooperation agreements.

The Significance of the Belt and Road

Fueling China’s Next Round of Growth

The Belt and Road Initiative is an ingenious plan for the economic locomotive of the world, China, to leverage its advantage in manufacturing capacity, technology, capital, expertise and advanced industrial models for international influence and market share. China will take this opportunity to open up to the world and carry out dialogues with countries along the Belt and Road in an effort to build multilateral global partnerships for the long-lasting economic growth of the world.

Rebalancing Globalization

The Belt and Road will drive the growth of China’s western provinces, as well as Mongolia and Central Asian countries, thus integrating these inland countries into globalization. As China exports its manufacturing capacity and leading industries westward, countries along the Belt and Road stand to benefit. Historically, Central Asian countries have only served as the middlemen for the commercial and cultural exchange between the East and the West. The Belt and Road Initiative will raise them from the state of underdevelopment and help them narrow the poverty gap caused by globalization. As countries in these regions catch up in economic development, the world will become a more peaceful, prosperous and harmonious place.


                                            https://matrixainetwork.medium.com/matrix-and-the-belt-and-road-95b645104728

                                                                      Matrix and The Belt and Road(Part Two)


Creating New Regional Partnerships

An all-encompassing strategic initiative, the Belt and Road will surpass the Marshall Plan by virtue of multilateral dialogues, common goals and shared interests. It will define the 21st-century way of international cooperation.

Xinjiang and the Belt and Road

As the Chinese government places a focus on the China — Central Asia — Russia — Baltic Sea route and the China — Central Asia — West Asia — Persian Bay route, we can expect Central Asia to become a vital link for the Belt and Road, and Xinjiang will find itself at a strategic spot connecting China and Central Asia on land.

With a land border of over 5600 kilometers, Xinjiang province is contiguous to Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Mongolia and several other countries. On the Belt and Road, Xinjiang is the gateway for the exchange of resources and basic materials between China and its neighbors to the west.

                                                   https://miro.medium.com/max/1108/1*xCSc3USzgQlOUsU6TsirRw.png

                                                                        Xinjiang’s Central Position on the Belt and Road


In concordance with the Belt and Road Initiative and in a massive infrastructure construction endeavour, Xinjiang is building itself into the center of transportation, commerce, logistics, finance, culture, education and medical care for the surrounding area. In the future, Xinjiang will be providing medical services for Central Asian countries. According to Xinjiang local officials, the province is ahead of Central Asian countries in medical care, and over 1500 foreign nationals from Central Asian countries had been to Xinjiang to seek medical treatment in 2015. Not only hospitals in Urumqi, the capital of Xinjiang, but also those hospitals on the border of the province received foreign patients. In the future, Xinjiang is looking to offer medical services in one package with tourist programs.

Transportation, commerce and logistics go hand in hand. Central Asian countries are the major trading partners of Xinjiang. Although the province’s import and export volume dropped to 19.68 billion USD in 2015 due to shrinking demands from Central Asia, trade with Kazakhstan and Kyrgyzstan still accounted for 46% of the province’s total, while the volume of trade between Xinjiang and Central Asia also accounted for a significant proportion of the total trade volume between China and Central Asian countries. This is to say that although many of China’s exports to Central Asia are produced on China’s eastern coast or central regions, they eventually find their way into Central Asia through Xinjiang.

      Xinjiang is also building itself into the central hub for the three Economic Belt routes that lead to Central and West Asia, Russia and beyond.



                                       https://matrixainetwork.medium.com/matrix-and-the-belt-and-road-part-two-fdbcddd7e789

                                                            Xinjiang: A gateway to China's Belt and Road Initiative


                                   https://video.cgtn.com/news/2021-08-18/Xinjiang-A-gateway-to-China-s-Belt-and-Road-Initiative-12OLMoV97Wg/video/d68a04a6fe3647b5b84b18d4a9cb5f68/d68a04a6fe3647b5b84b18d4a9cb5f68.jpeg

Xinjiang has been at the core of China's trade relations across the Eurasian landmass since the millennia-old Silk Road. Owing to its strategic location as China's westernmost frontier that borders eight countries – Mongolia, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Afghanistan, Pakistan and India – Xinjiang Uygur Autonomous Region today is fittingly seen as the gateway to the Belt and Road Initiative (BRI) that envisions trade and cultural connectivity along the ancient Silk Road.

In this episode of the "Vibrant Xinjiang" series, CGTN interviewed people from different regions and industries in Xinjiang to learn more about how the BRI has promoted high-quality development of Xinjiang's economy and helped locals improve their lives.


                     https://news.cgtn.com/news/2021-08-18/Xinjiang-A-gateway-to-China-s-Belt-and-Road-Initiative-12OLMoV97Wg/index.html

                                                                          Matrix and The Belt and Road(Part Three)


Smart Maintenance

All these projects create opportunities for the local manufacturing industry, and needless to say, large quantities of heavy machinery will be deployed for construction work. And while the lack of skilled workers and the harsh climate of Xinjiang province create a challenge for machinery maintenance by traditional methods, it presents Matrix’s predictive maintenance technology a golden opportunity to shine.

Matrix is using IoT to construct a predictive failure alarm system, which consists of three layers:

1. Data collection and model building: collecting data and information through sensors at different parts of a machine and predicting the speed at which each component is wearing down;

2. Failure alarm: issuing warnings based on the collected data through machine learning;

3. Failure prediction through correlation: marking and categorizing the data and using machine learning to correlate them with specific failure types.

If Matrix’s predictive maintenance is adopted by all Belt and Road projects, it will help save 1.5 billion USD of maintenance costs each year. Well-functioning machinery is the key to the completion of Xinjiang’s infrastructure goals.


                                                                  https://miro.medium.com/max/834/0*5BuXAwFGWBuYPjvx.png

                                                                                  Matrix’s AI Machine Failure Prediction System

Matrix is already promoting its AI failure prediction system to several industries in Xinjiang. The system has achieved great results and won the recognition of many.


                                                                 https://miro.medium.com/max/375/0*SBm142KxKPB1S6rh.png

                                   AI Machine Failure Prediction at Zhundong Coal Mine Predicted the Break of a Bucket Tooth on an Excavator


Smart Energy

Energy is one of the major industries of Xinjiang, and the province’s huge reserves are crucial for construction projects along the Belt and Road. By the end of 2015, Xinjiang had reported a known coal reserve of 379.5 billion tons, second only to Inner Mongolia in China. Here the layer of coal lies close to the ground, making excavation easy and cheap. Oil and natural gas are found in abundance in Dzungar, Tarim, Turpan-Kumul and many other basins. The oil reserves of all Xinjiang basins are estimated to total 21.3 billion tons, constituting 20% of the oil reserves of all basins in China combined. Furthermore, the natural gas reserves of Xinjiang basins total 1.03 billion square meters, constituting 32% of the natural gas reserves of all basins in China combined. In addition, Xinjiang also has incomparable access to wind and solar energy, and the development of renewable energy looks promising.

Energy efficiency is an important topic for the Belt and Road. If achieved, it will greatly reduce the costs of construction projects.

Take wind power for example. By June 2021, wind power plants in Xinjiang had ramped up their installed capacity to a total of 290 million kilowatts. Though this is a remarkable achievement, oftentimes more electric power is generated than can be consumed or stored up, causing a huge waste. This is an issue troubling the rest of the world too. Since the generation of renewable energy depends heavily on weather conditions, it is extremely unpredictable and difficult to fully utilize. Roughly 30% to 35% of wind-generated electric power in Xinjiang is wasted in this fashion. With a 290-million-kilowatt installed capacity, that will be 120 billion kilowatt-hours wasted every year.

There are two possible solutions: 1. making the generation of renewable energy more consistent, or 2. making it more predictable so that we can design usage or storage plans accordingly.

Matrix takes the second approach. Currently, in a cooperative program with China Huadian Corporation, Matrix is using AI modeling to predict wind force, based on which we can estimate how much electric power will be generated and plan accordingly. (This same technology is also being tested at the Beijing Capital International Airport by the Air Traffic Management Bureau.) So far, this program has achieved great results. In the test area assigned by Huadian Corporation, Matrix is able to achieve 92% efficiency, cutting energy waste by 70%.

                                                                https://miro.medium.com/max/415/0*H6jfQ1w__AdUjIzV.png

In the future, Matrix’s AI prediction will also work for solar and hydropower, and help improve the efficiency of coal and natural gas usage. With its help, the energy industry in Xinjiang will better serve a supportive role for the Belt and Road Initiative.


                                         https://matrixainetwork.medium.com/matrix-and-the-belt-and-road-part-three-c23e4a2c7cae

                                                                            A Speech in Digital Economy Conference

                                                                  https://miro.medium.com/max/1400/0*nMRjvx2jyKkZo6B9.jpg

On August 18th, the Greater Bay Area Digital Economy Conference and the launch event of Macao International Brand Exchange were held in Hengqin, Zhuhai. Matrix CEO Owen Tao was invited to deliver a speech on Matrix’s strategic positioning in the new digital economy, where he elaborated on the important role of MANIA (Matrix AI Network Intelligent Authentication) and MANAS. Matrix has entered into a partnership with Macao International Brand Exchange in NFT, DeFi and other areas.


                                              https://matrixainetwork.medium.com/a-speech-in-digital-economy-conference-610387aa6867

                                              TechGuide: Things I wish I knew before using DEX-es and trading tokens

Author: Delbypoc
Note: Those views are solely my own, they may or may not be accurate (same goes for the information/examples provided).

                 https://miro.medium.com/max/1400/0*Ssl8Hr6RVOfjH427.png

I’m writing this article in response to some event that happened to someone while trying to swap some BNB for MAN tokens in PancakeSwap (possibly high slippage caused to buy tokens at a price 20x higher than the other markets rate).

When using Decentralized Exchanges like PancakeSwap (or any kind of Uniswap clones) you should check out a few things before trying to swap for the token you want or thinking about providing liquidity to a pair:

Slippage

Slippage is used to calculate the minimum amount of a specific token we must receive for the transaction to go through.

When we trade a token for another token (in a normal situation), this function of the contract can get called:

                                                        https://miro.medium.com/max/480/0*NfXB6LHaT1jaUdef.png

As you can see, `amountIn` is the amount of tokens that go in (send) and `amountOutMin` is the minimum amount of tokens that will go out (receive), `to` is the address that will receive the tokens.

The transaction will fail if it did not meet the requirements for the transaction to go through (the amount of tokens that you would receive are lower than the amountOutMin value).

2. Same name/ticker Tokens

Make sure that the token address for the token you want to swap to is correct (legit and comes from the official team), there is no restriction for tokens with the same name/ticker.

3. Careful about non-tradable/scam tokens.

If you manage to swap for some tokens and cannot swap back, the contract may have some functions disabled (or has been made specifically so you won’t be able to swap them back normally, in some cases it is possible if you use another contract). You can usually prevent this by researching the project and verifying a few times if the token contract is legit and not some scam attempt (with the same name/ticker as the official project)

4. Check liquidity value

Make sure the liquidity is adequate for the value you want to trade and adjust your slippage accordingly

5. Impermanent loss

When you provide liquidity to a trading pair, impermanent loss usually takes place (and most of the time becomes a permanent loss).

Uniswap V2 (also PancakeSwap) uses the constant product formula: x*y = k , x and y are the reserves and k is the product

Let’s say you provide liquidity for MAN/BNB pair and you receive no tokens for it (CAKE, UNI, etc… to compensate for it) and we have the following prices when we put our tokens in to provide liquidity:

1 MAN token = 0.1 $
1 BNB token = 400 $

If 1 MAN token were to become 1$ and 1 BNB token 500$, we would have an impermanent loss of more ~37.5%, meaning our combined value of the tokens we will get out is less with ~37.5% than what we would have if we just kept our tokens, without providing liquidity.

If 1 MAN token were to become 0.01$ and 1 BNB token 500$, we would have an impermanent loss of more ~47.6%.

Higher the difference, higher the impermanent loss, providing liquidity on new farms with new tokens is usually a good way to get completely rekt (if you get in at the start of it when prices are usually very high and they have a high inflation rate):

1 SomeToken = 10$
1 BNB = 400$

If you provide liquidity on the SomeToken/BNB pair and the price goes like this:

1 SomeToken = 0.01$
1 BNB = 500$

The impermanent loss will be around 94.35%! (considering the situation when the tokens farmed + trading fees received will not be that valuable, you will not be able to recover the loss, there are surely cases when it can be profitable)

You can check out more details on Uniswap V2 on their official website:

https://docs.uniswap.org/


                     https://matrixainetwork.medium.com/techguide-things-i-wish-i-knew-before-using-dex-es-and-trading-tokens-679e75fd8d6d

                                                                                                 WE ARE HIRING


If you follow well our contents, you have a good understanding of MATRIX. With the exciting progress, we are looking for talents to fill up following positions:

1. Head of Community (Global Market)

1. Responsibility

i. Set up the relevant guides and rules for various community platforms, e.g. Twitter, Telegram, Discord etc.

ii. Engage with the community to increase the active level of such platforms, e.g. topics and events.

iii. Establish procedures for things related Community.

iv. Supervise Admins or Community Managers for daily execution. Admins and/or Community Managers will be handpicked by the post holder.

v. Prepare management reports.

vi. Others as tasked by CMTO or delegates of Project Team.

2. Requirement

i. Passionate about MATRIX and have a solid understanding of MATRIX.

ii. Detailed minded with strong sense of responsibility.
iii. Excellent stakeholder and team management skills.
iv. Great communication skill.
v. Strategic mindset and can roll-up sleeve for execution.
3. Allowance: will be disclosed to suitable candidate.
2. Head of Marketing (Global Market)
1. Responsibility

i. Source for marketing means to promote MATRIX and acquire followers.

ii. Present marketing opportunities to CMTO for approval regularly.

iii. Establish procedures about reporting.

iv. Supervise an assistant, to be handpicked by the post holder, for project execution.

v. Others as tasked by CMTO or delegates of the Project Team.

2. Requirement

i. Passionate about MATRIX and a good understanding of MATRIX.

ii. Resourceful in terms of global marketing.

iii. Detail minded with strong sense of responsibility.

iv. Excellent communication and negotiation skills.

v. Strategic mindset and can roll-up sleeves for execution.

3. Allowance: will be disclosed to suitable candidate.

3. How to Apply:

1. Please send email to EricChoy@MATRIX.io with

i. Title as Application for (the post you are interested at).

ii. Why you are fit.

iii. Number of hours (on average) you can commit each day.

2. Deadline for application : 12 noon of 26 August (GMT+8).


                                           https://matrixainetwork.medium.com/we-are-hiring-90b6987fd9f8
                                         https://twitter.com/matrixainetwork/status/1429743209941454850?s=28

                                                     How to Launch Your Masternode by using snapshot at block height 5,900,000


1. Go to www.matrix.io/dropdown_lord_cn.html, and download the zip package matching your operating system.

2. Choose Version 4.0.

                                                    https://miro.medium.com/max/1108/1*04I4EGk78cI_U6Un4ZOtIA.png

3. Choose one of the two ways to launch a Masternode:

a. Launching a Masternode by syncing the entire blockchain. This method may take a long time to complete, but it’s stabler. Follow the steps detailed in the guide that comes with the zip package.

b. Launching a Masternode using snapshot files. This method does not take long to complete, but it’s less stable. Please refer to the guide at https://www.matrix.io/assets/dropdown/How_to_Launch_Your_Masternode_Using_Snapshot_Files_(202108).doc

 
                                                    https://miro.medium.com/max/554/1*XTBFpB0XUGi0Rvws5PnCqA.png

Tips:

1. There are instructions for Windows, Mac and Linux users separately in the guide.

2. When there are mining profits involved, consult the “Transfer account data” section in the guide.

Depending on the number of MAN you stake, you are assigned the role of either a mining node or a validation node. A mining node has to stake more than 10,000 but not exceeding 100,000 MAN, while a validation node has to stake more than 100,000 MAN.  


           https://matrixainetwork.medium.com/how-to-launch-your-masternode-by-using-snapshot-at-block-height-5-900-000-45ccc141df68

                                                                                      Matrix and The Belt and Road (Part 4)


Smart Industrial Park

Xinjiang suffers from a workforce shortage due to its lack of skilled workers, a high cost of labor and risky working conditions (which mining and excavation work entails). Therefore, for Xinjiang to become the hub of the Belt and Road, this shortage has to be addressed through either policy-making or technological innovation.

Matrix’s AI technology offers a solution by replacing human workers with AI. This will guarantee the smooth operation of manufacturing, infrastructure building, energy generation and many other industries while significantly cutting down costs.

The cooperative project between Matrix and TBEA — the Unmanned Mine — is a good example of this. The combination of 5G, IoT, AI and robots allows us to run a completely unmanned coal mine. If successful, this pilot project will be promoted across the industry. Currently, Matrix’s part revolves around constructing the blockchain network for AI and data collecting.

The project started in mid-2020. It includes 1. a 5G+AI coal mine conveyor belt anomaly detection system; 2. a 5G+AI flame detection and warning system for mines; 3. a 5G+AI worksite supervision system; and 4. a 5G+AI machinery maintenance system. All four systems and ten core functional modules are 60% away from completion and to be delivered by early 2022.

                               https://miro.medium.com/max/700/1*fE3R3mkFHEFVJBACBLtJJQ.jpeg

                    Picture: The Dangerous Area Worker Detection and Warning Module Designed by Matrix for TBEA’s Unmanned Mine

Computing Power Grids

The transition to digitalized and smart manufacturing is a central goal of the Belt and Road. To achieve this, we need massive amounts of computing power and storage space. Cheap energy resources give Xinjiang an incomparable advantage in building computing power grids.

At the same time, under the pressure of the carbon neutrality trend, China is cracking down on Bitcoin mining. Home to the largest number of Bitcoin mining farms in China, Xinjiang is in a great position to take advantage of this crackdown to develop computing power grids.



                                                              https://miro.medium.com/max/392/1*UppIbfnUVeqKt4KdCrGHag.jpeg

                                             Picture: Closed Mining Farm at Shihezi, Xinjiang Waiting to Be Taken over by Matrix

In its cooperative projects with large electric power companies (such as China Huadian, China Guodian, TBEA, etc.) in Xinjiang, Matrix will be providing AI solutions including smart power generation, predictive maintenance, etc. These companies will build their own computing centers and connect to Matrix’s distributed computing power platform. Matrix will also repurpose traditional crypto mining farms and join them into its platform to serve as computing power grids for the Belt and Road.


                           https://miro.medium.com/max/700/1*bYnhw_-BskoTl4-rCh3vlw.jpeg

                                              Picture: The Structure of Matrix’s Xinjiang Computing Power Grid


                                       https://matrixainetwork.medium.com/matrix-and-the-belt-and-road-part-4-f7aabc622d0a

                                                                      Matrix and The Belt and Road (Part 5)



How Does This Benefit Matrix?

Besides the honor of contributing to the Belt and Road Initiative in Xinjiang, Matrix also stands to benefit in the following ways.

The Foundation of MANITO

MANITO (MAN Industry Tech Open-Platform) is one of the pillars of MATRIX 2.0. All the Belt and Road projects that Matrix participates in in Xinjiang can be adapted into services that will target clients in the manufacturing and energy industries in the future. These services will operate on Matrix’s computing power and require MAN for settlement. All this will mean more income for miners of Matrix AI Network and more liquidity for MAN.

Matrix’s Computing Power Distribution Platform

Matrix is actively participating in building computing power grids in Xinjiang. In the future, Matrix hopes to connect its mainnet to these grids, which will broaden the revenue streams for companies that have a part in constructing these grids and help them avoid resource waste by increasing temporary demand volatility tolerance. For Matrix, cheap electric power and the takeover of Bitcoin mining farms will benefit its ecosystem, as affordable computing power is at the core of Matrix 2.0.

Larger Market Share for MANAS and MANTA

Matrix will be trying to bring all its business partners in Xinjiang into its own ecosystem. These are mostly governmental corporations or listed companies of scale, and when they become clients of the AI services on MANAS and MANTA, the liquidity and value of MAN will receive an unprecedented boost.

Matrix’s endeavor to support the Belt and Road in Xinjiang will pave the way for the future success of the company in Central Asia and Europe.



                               https://matrixainetwork.medium.com/matrix-and-the-belt-and-road-part-5-8c086ec0c382

                                         Matrix AI Network Utils — Part 2: Generating a Vanity Address(JS, NodeJS), Beginner level
                                                  Author:Delbypoc


This tutorial is for educational purposes only, I’m not responsible for any losses, damages, or other liabilities which may occur by using any info/code provided here(or anywhere else it is posted).

                                             https://miro.medium.com/max/900/0*ZYqb9-eApkib_5KY.png

I’m under no circumstances a Javascript professional (or a JS Ninja/Expert)!

The code is not production ready! (only for learning purposes)

In this guide, I’m going to show you how to generate an vanity MAN address (Mainnet).

To keep it simple, for this program we will make use of the ETH to MAN address convertor we displayed in the last article:
https://medium.com/@delbypoc/matrix-ai-network-integration-tutorials-part-1-converting-an-eth-address-to-man-address-js-db376f17a2d

We will make use of the following packages : ‘crypto’, ‘ethereumjs-util’, ‘buffer’, ‘polycrc’, ‘bs58’.

You can install them by using :

npm install ethereumjs-util buffer polycrc bs58

Let’s start programming!

First off, we are going to start by generating a random wallet, we are going to call this function ’generateRandomWallet’:

               https://miro.medium.com/max/700/0*1S58iGLjKugpMSLd.png

Then we will make a function that verifies if the wallet we provide contains the word we choose (the parameter in the function is called ‘input’), we will call this function ‘addressContainsTheInput’:

               https://miro.medium.com/max/700/0*rX6GGMjnnw0AA-2P.png
Then we will make a function that generates a random wallet until it finds one that contains the input (addressContainsTheInput returns true), we will name it ‘generateVanityWallet’:

               https://miro.medium.com/max/700/0*17XobezpFG8UDvCX.png

For example, if we want an address that contains the word ‘Enjoy’:
Note: The time it takes to find an address depends on your computer specs (and a bit of luck), it took me around 10 seconds to generate an address that contains the word `enjoy`, longer sequences takes more time.
Note: This is not an efficient program, there are better ways to generate a vanity address (especially if you make use of GPU-s core count or CPU multi-threading)

                                           https://miro.medium.com/max/462/0*drcOexZvZb8VDMTw.png

Sample output:

{
publicAddress: ‘MAN.2ZyEnjoy2tk5yPB2YrziUVTQAFWAV’,
privateKey: ‘c17b95305a3d0ad80a4ca4020ab7850cf5e75557b273dbbce625cd5f8c95f286’
}

Whole program (https://github.com/CognitiveProcessing/Matrix-AI-Network-Code-Snippets/blob/main/js/generateVanityAddress.js)

                https://miro.medium.com/max/700/0*RBWr8fcRsdcDEC7J.png


                https://miro.medium.com/max/700/0*QSLPr_5yooHm8lC2.png


For more documentation on the packages used, you can check: https://www.npmjs.com/package/bs58
https://www.npmjs.com/package/buffer
https://www.npmjs.com/package/polycrc
https://www.npmjs.com/package/ethereumjs-util
https://nodejs.org/api/crypto.html
Also, check out the official Matrix AI Network Developer Portal: dev.matrix.io

                                        Matrix AI Network integration tutorials — Part 1: Determine the addresses with activity and their respective balances
                                                                          for a specified number of blocks(Java + Maven), Intermediate level


This tutorial is for educational purposes only, I’m not responsible for any losses, damages, or other liabilities which may occur by using any info/code provided here(or anywhere else it is posted).

                                             https://www.matrix.io/assets/img/blog/level_01.png

I’m under no circumstances a Java/Maven professional (or an Java/Maven Expert)!

The code is not production ready! (only for learning purposes)

In this guide, I’m going to show you how to determine the addresses who have activity (received MAN tokens) and their respective balances and display them in a sorted manner, based on maximum balance.

Before starting, I suggest taking a look at some maven fundamentals (https://maven.apache.org/ , we will use some of the libraries MATRIX AI NETWORK provided in their repositories).

You will also need an IDE that is compatible with MAVEN (or you will have to add the matrix ai network dependencies jars manually into the project, IntelliJ or Eclipse should work great)

Intellij: https://www.jetbrains.com/idea/

Eclipse: https://www.eclipse.org/

Let’s start by creating a new Maven project, you can skip this if you already know how to create a Maven supported project (/you can use any guide for creating a Maven compatible project, for example :https://www.jetbrains.com/help/idea/maven-support.html), some ways of doing it depending on your IDE would be:

For Eclipse: File-> New -> Project -> Maven Project -> Next -> check “Create an simple project box” -> write/choose any group Id/artifact Id -> in Package Explorer go into the src/main/java of the project and create an new class, I will name it GetTopHolders.java.

For IntelliJ: File -> New -> Project -> Java Project -> Create project from template -> Command Line App -> Pick a name -> Finish -> Right click on it in Project Explorer then Add Framework Support -> Select maven -> Ok -> Now you can open the generated Main.java file and rename it to GetTopHolders.java

We will now add the required dependencies in the pom.xml file (you can find more info about it on https://maven.apache.org/guides/introduction/introduction-to-the-pom.html, you can find those dependencies on maven repository https://mvnrepository.com/search?q=io.github.matrixainetwork)

                                          https://www.matrix.io/assets/img/blog/level_02.png

Let’s start coding:

I will initialize a provider first (I will pass in a public node of Matrix for use):

                                    https://www.matrix.io/assets/img/blog/level_03.png

Then I will use the “provider” to get the current number of blocks and declare a parameter that sets the number of blocks to a number specified by us.

We will iterate over Transactions and verify which one has a Value higher than 0 so we can add the Addresses that received the amount into a HashMap so we can later query for balances:

(Will also print the current block we are looking into so we know that we didn’t get limited by the public node/stuck)

                                         https://www.matrix.io/assets/img/blog/level_04.png

After we are done gathering addresses to query for balances (we know that those addresses got balances) we can run the getBalance method for each one of them then change the balance value accordingly :

                                         https://www.matrix.io/assets/img/blog/level_05.png

Now we can run a sorting (so the accounts get “sorted” based on their balance) and display them in the console:

                                         https://www.matrix.io/assets/img/blog/level_06.png

If everything goes well, we should see a result similar to this:

                                         https://www.matrix.io/assets/img/blog/level_07.png

(blurred some of the addresses, in the photo it shows the addresses/balances for addresses that had activity in the blocks displayed in the first line, 10 blocks)

The single-threaded version is very slow so I also wrote a multi-threaded version, added a thread pool, changed the HashMap into a ConcurrentHashMap, and wrapped some of the code into a function named “searchForAddressesWithBalances”

                                         https://www.matrix.io/assets/img/blog/level_08.png


                                         https://www.matrix.io/assets/img/blog/level_09.png


The multi-threaded version is also not that efficient as we will probably get banned/temporary limited from the “provider” node after many requests, an more efficient way of doing it would be storing the block information into a database (SQL/non-SQL) then querying for the addresses with the highest balances (doing it with your own node, not the public one).

Github code, single-threaded version :

https://github.com/CognitiveProcessing/Matrix-AI-Network-Code-Snippets/blob/main/Java/GetTopHolders.java

Multi-threaded version:

https://github.com/CognitiveProcessing/Matrix-AI-Network-Code-Snippets/blob/main/Java/GetTopHoldersMultiThreaded.java

Also, check out the official Matrix AI Network Developer Portal:

dev.matrix.io



                                                                             https://www.matrix.io/blog_53.html

                                                                            2nd Report of August 2021
                                                                       Matrix AI Network Bi-weekly report


                    https://miro.medium.com/max/1400/1*vQxpPpsYO8OTN507sJ9Ciw.jpeg

                                                                             Matrix AMA August 2021


                                                                  https://www.youtube.com/watch?v=JYi5EbRaj2A

September 1
2021


                                                                                      The Belt and Road Summary

The Belt and Road

The Belt and Road Initiative aims to build a platform of multilateral cooperation between China and countries along the Ancient Silk Road. The B&R consists of three main land routes and two main maritime routes, connecting the vibrant Chinese economy with the South Pacific, Eastern-Africa and the more developed European economy. With an enduring global economic growth in mind, China will leverage its advantage in manufacturing capacity, technology, capital, expertise and advanced industrial models within a broader framework of principles of political trust, economic integration and cultural exchange. China’s B&R already secured the participation of 171 countries and organizations through 205 cooperation agreements, and will define the 21st-century way of international cooperation.

Xinjiang

Thanks to its central position for the exchange of resources and basic materials between China and its neighbors to the west, the Chinese province Xinjiang will play a crucial role as a gateway in the B&R Initiative. Xinjiang is building itself into the center of transportation, commerce, logistics, finance, culture, education and medical care for the surrounding area, and into the main hub for the three B&R routes that lead to Central and West Asia, Russia and beyond.

Smart Maintenance

The enormous B&R-related infrastructure works will require large quantities of heavy machinery. A lack of skilled workers and the harsh Xinjiang climate make traditional machinery maintenance challenging, and that’s where Matrix’s predictive maintenance technology comes into play. Matrix is using IoT to construct a predictive failure alarm system for highly advanced maintenance. Properly functioning machinery is crucial for reaching Xinjiang’s infrastructure goals and if Matrix’s predictive maintenance is adopted by all B&R projects, each year 1.5 billion USD of maintenance costs will be saved. Matrix’s system has achieved great results so far and already won the recognition of many in Xinjiang.

Smart Energy

Energy production is one of the major industries of Xinjiang, and its huge reserves of coal, oil and natural gas are crucial for construction projects along the Belt and Road. Xinjiang also has incomparable access to wind and solar energy, but due to the unpredictable nature of weather conditions, it is extremely difficult to fully utilize. In wind power production, oftentimes more electric power is generated than can be consumed or stored up, leading to a waste of 30% to 35% in Xinjiang. Currently, in a cooperative program with China Huadian Corporation, Matrix is using AI modeling to predict wind force for more accurate estimates leading to more efficient planning. Matrix achieves 92% efficiency, cutting energy waste by 70%. In the future, Matrix’s AI prediction will also be applied to solar and hydropower, and help improve the efficiency of coal and natural gas usage. With Matrix’s support, the energy industry in Xinjiang will be of better service to the B&R Initiative.

Smart Industrial Park

Xinjiang suffers from a workforce shortage due to its lack of skilled workers, a high cost of labor and dangerous mining and excavation conditions. For Xinjiang to become the hub of the B&R, Matrix is offering its AI technology as an alternative to human workers. It will guarantee the smooth operation of manufacturing, infrastructure building, energy generation and many other industries while significantly cutting down costs. In the cooperative project with TBEA (Unmanned Mine), the combination of 5G, IoT, AI and robots enable a completely unmanned coal mine. Matrix’s part revolves around constructing the blockchain network for AI and data collecting. This pilot project started in mid-2020 and is expected to be delivered by early 2022. If successful, it will be promoted across the industry.

Computing Power Grids

Under the pressure of the carbon neutrality trend, China is cracking down on Bitcoin mining. Thanks to its cheap energy resources, Xinjiang is home to the largest number of Bitcoin mining farms in China, putting it in a great position to take advantage of this crackdown to develop computing power grids.

In its cooperative projects with large electric power companies (China Huadian, China Guodian, TBEA, etc.) in Xinjiang, Matrix will be providing AI solutions including smart power generation, predictive maintenance, etc. These companies will build their own computing centers and connect to Matrix’s distributed computing power platform.

How Does This Benefit Matrix?

Matrix is honored to contribute to the Belt and Road Initiative in Xinjiang, and will benefit in the following ways:

1) MANITO (MAN Industry Tech Open-Platform) is one of the pillars of MATRIX 2.0. All the B&R projects that Matrix participates in can be adapted into services that will target clients in the manufacturing and energy industries. These services will operate on Matrix’s computing power and require MAN for settlement. All this will mean more income for miners of Matrix AI Network and more liquidity for MAN.

2) Matrix is participating in building computing power grids in Xinjiang. In the future, Matrix hopes to connect its mainnet to these grids, which will broaden the revenue streams for companies that have a part in constructing these grids and help them avoid resource waste by increasing temporary demand volatility tolerance. For Matrix, cheap electric power and the takeover of Bitcoin mining farms will benefit its ecosystem, as affordable computing power is at the core of Matrix 2.0.

3) Matrix envisions a larger market share for MANAS and MANTA, by bringing all its business partners in Xinjiang into its own ecosystem. These are mostly governmental corporations or listed companies of scale, and when they become clients of the AI services on MANAS and MANTA, the liquidity and value of MAN will receive an unprecedented boost.

Matrix’s endeavor to support the Belt and Road in Xinjiang will pave the way for the future success of the company in Central Asia and Europe.



                                                                    https://www.matrix.io/blog_55.html#

                                                                                Monthly Manual Swap


Occasionally, the project team will receive requests to perform manual swap for community members. To facilitate such, please read and follow below guides so we can help you in a structured way.

1. Period :

The project team will facilitate such requests once a month, and the date is set on 5th calendar day of each month (GMT+8). Examples :

a. if you send your request on 4th September, it will be handled on 5th September.

b. If such request is sent on 5th September, it will be handled on 5th October.

c. If you send your request on 6th September, it will be dealt with on 5th October.

2. Lead time:

takes 1–2 days to finish the manual swap. There will be no email reply stating it has been completed. You can assume your requests have been done within the lead time. If it does not, please send email or DM Admin.

3. How:

Please send email to tokenswap@matrix.io with below details :

a. Transaction hash

b. Your ERC20 wallet address

c. The Matrix Mainnet wallet address associated with your ERC20 wallet address

d. The number of tokens you sent to the token burn account address.

e. For other details, please refer to the Token Swap Manual (Link).


                                         https://matrixainetwork.medium.com/monthly-manual-swap-26793676bdb4

                                                APEX: AI-Algorithmic-Stablecoin-to-Foreign-Currency Exchange Protocol (Part 1)



PEX (AI-Powered Exchange) is a decentralized protocol based on Matrix’s AI technology, supporting the minting and cross-chain exchange of multiple algorithmic stablecoins. By integrating AI with algorithmic stablecoin, APEX will create scalable decentralized stablecoins suited for the specific needs of different countries and regions, and support the free exchange among all types of stablecoins. Here are five core features of APEX:

● Smart Stabilization Algorithm: Users need to stake a certain number of assets to mint algorithmic stablecoins. Smart stability adjustment is dependent on both stakes and stabilization algorithms. When the ratio between algorithmic stablecoins and the currency it is pegged to is bigger than 1 on APEX, the weight of stakes will decrease, and the weight of algorithms increase. When this ratio is smaller than 1, the weight of staking will increase, and that of algorithms decrease;

● DAO: autonomous community, featuring decentralized management;

● Cross-chain Transaction: Since APEX supports the exchange among algorithmic stablecoins on different blockchains pegged to different fiat currencies, the platform’s cross-chain functions are fully capable of facilitating the transactions of different types of assets;

● On-chain Oracle Machine: APEX has direct access to the real-time data of DEXs and reads the real-time exchange rates of currencies through Chainlink;

● AI-powered Currency Exchange: AI algorithms will help find the best exchange rates for different asset types on APEX. Users may also choose to ignore these AI recommendations and use any currency exchange service they want;

There are two types of tokens on APEX: 1. the algorithmic stablecoin ASC, and 2. the governance token AX, which grants voting power in matters related to governing APEX.

APEX’s System of Algorithmic Stablecoins

APEX is essentially a service that provides each country, region or institution with an algorithmic stablecoin pegged to the fiat currency that the group is most accustomed to using. This is to say that, APEX will host quite a number of algorithmic stablecoins, which sets it apart from other stablecoin projects.

When APEX plans to enter a new market, a voting round will start in its community. If there are enough votes, an algorithmic stablecoin will be created. (This doesn’t describe the first algorithmic stablecoin). Each stablecoin will be named after the fiat currency to which it is pegged plus the letter A as a prefix, e.g. AUSD, ASGD, etc.

If a new stablecoin is passed, APEX will release the contract for minting it, and users can stake the designated type of asset to start minting. In the original state, the percentage of stakes on APEX will be 100%. After algorithmic stablecoins are created, APEX will enter a mixed stage, where the percentage of stakes is calculated and updated hourly through functions contained in the stablecoins’ contracts. Each adjustment will be within 0.25%. Take AUSD as an example. When its price is higher than $1, the contract functions will reduce the staking rate by 0.25% every hour. When the price of AUSD is lower than $1, the same rate will be raised by 0.25% hourly.

APEX’s Smart Price Stabilization Mechanism

By supporting the free minting and redemption of algorithmic stablecoins, APEX has created a system where arbitrageurs can help balance the supply and demand of algorithmic stablecoins in open-market transactions.

Again take AUSD as an example. If the market price of AUSD is higher than $1, this creates an opportunity for arbitrage. To do so, people can mint an AUSD by depositing $1 in the contract, and then sell the AUSD for higher than $1 in the market. At any time, to mint a new AUSD, one US dollar’s worth made up of stakes and AX must be deposited into the system. When AUSD is in a state of 100% stakes, then the value deposited into the system for minting AUSD is 100% stakes. As the contract enters a mixed stage, AX will start to make up part of the value that goes into minting stablecoins and afterwards be burnt in circulation. For instance, at 98% stakes, it will take stakes worth $0.98 and burn AX worth $0.02 to mint an AUSD. While at 97% stakes, to mint an AUSD will consume $0.97 worth of stakes and burn $0.03 worth of AX.

When the market price of AUSD is lower than $1, this also presents an opportunity for arbitrage by simply buying AUSD in the market for less than $1 and exchanging it for one dollar. Users can redeem the one-dollar value in an AUSD at any time from the system. The difference is only in the percentage of stakes and AX that people get through redemption. When AUSD is made up of 100% stakes, people will get 100% stakes through redemption. In a mixed stage, part of the value people redeem will be AX (newly created for redeemers). For instance, at 98% stakes, every AUSD can be exchanged for a combination of stakes worth $0.98 and AX worth $0.02. While at 97% stakes, every AUSD can be exchanged for stakes worth $0.97 and AX worth $0.03.

No matter what price AUSD is at, there will always be chances to arbitrage. This will motivate arbitrageurs to mint or redeem stablecoins, thus helping AUSD to remain stably in a range close to $1.






                                               https://twitter.com/matrixainetwork/status/1435146067289550854?s=21
                 https://matrixainetwork.medium.com/apex-ai-algorithmic-stablecoin-to-foreign-currency-exchange-protocol-part-1-193221f3de51

                                        APEX: AI-Algorithmic-Stablecoin-to-Foreign-Currency Exchange Protocol (Part 2)


Smart Stake Percentage Adjustment

Generally speaking, stablecoins on APEX go through two cycles: the inflationary cycle and the deflationary cycle. In an inflationary cycle, APEX will reduce the percentage of stakes but raise the percentage of AX required to mint an algorithmic stablecoin. While in a deflationary cycle, APEX will raise the percentage of stakes, and people redeeming their AX will get more AX and fewer stakes.

The functions contained in stablecoin contracts will calculate and update the smart adjustment process on an hourly basis, and the percentage of stakes will be adjusted by 0.25% each time. Take AUSD for example.When its price is higher than $1, the percentage of stakes will be adjusted down 0.25% for each passing hour; and when its price is higher than $1, the stake percentage will go up by 0.25% every hour. If the price of AUSD should stay under $1 for a long time, the percentage of stakes will gradually move close to 100%.

Minting

Every type of algorithmic stablecoins has its independent contract and staking pool on APEX. Stablecoins of the same type are interchangeable and have an identical stake percentage regardless of what percentage they had at the time of minting.
​
APEX’s functions for minting are as follows.


                                                    https://miro.medium.com/max/1400/1*t9fOSOwGiYCo8W2nIEtkTw@2x.jpeg



                                                    https://miro.medium.com/max/700/1*E6PjLKZKdDXo5lhzypyYlA@2x.jpeg


Take AUSD for example. If we have C=97%, then to mint an AUSD requires $0.97 worth of stakes and burns $0.03 worth of AX.

Note that on APEX minting algorithmic stablecoins costs a minting fee, which is charged in AX at 0.2% of the total value of the minted stablecoins.

Redemption

The functions for redemption are as below.


                                                   https://miro.medium.com/max/700/1*Vs7o5lI3-6rrdpUzxmfH5A@2x.jpeg


                                                   https://miro.medium.com/max/700/1*6jmvGGkwUQBk-35I2qqu_A@2x.jpeg


                                                   https://miro.medium.com/max/700/1*t4VQhrEh0fX_rFdkYIStaw@2x.jpeg




                                                         https://twitter.com/matrixainetwork/status/1435466450450489349?s=21

                   https://matrixainetwork.medium.com/apex-ai-algorithmic-stablecoin-to-foreign-currency-exchange-protocol-part-2-5fe09cedbb43

                                                                     AMA with LemoChain hosted by Matrix AI Network


                                      If you have any questions regarding APEX or LemoChain please submit then via this Google form.


                          https://docs.google.com/forms/d/e/1FAIpQLSeIvUe7Y81tbBbNrPwH6bn3onsq8U2KKW4c82yzT3MUU_H9kQ/viewform