Matrix Ai Network

[karametade]

              


            A sneak peak of the AI service platform Matrix AI Network are building. MANAS will soon become a part of our everyday lives!




                                            



                                                                                     http://manas.matrix.io/test/

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[revelacaogr]

                                                                        


                                                                    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.


                                              

                                                                     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.


                                                  

                                                      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.

[karametade]

                                                                  


                                                             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.


                                                    


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.

                                                  

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://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.

[karametade]

                                                                  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.

                                                  

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.

[karametade]

                                                                  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.


                                                      

                                                          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.

                                                      

                                                                    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.

[karametade]

                                                                              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.


                                                          


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.


                                                        

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.

                                                          
                                                      


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.

[Abduraxman001]

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?

[karametade]

                                                                      Matrix AI has been listed on P2PB2B


                             On @MatrixAINetwork, MAN tokens are used for rewarding, payment and digital asset authentication.


                                


                                                   https://twitter.com/p2pb2b/status/1419921562296328193?s=28

                                                                     https://p2pb2b.io/trade/MAN_USDT/

[karametade]

 
                                                          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.


                                                  


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.

                                                


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.

                                                

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.

                                                                            
                                                                   Elon Musk Talks About Mining Heat Recycling



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

[karametade]

                                                           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.


                                            
                                                              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.


                                                       

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.

                                        
                                          
                                                       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.

[karametade]

                                                                             2nd Report of July 2021

                                                                        Matrix AI Network Bi-Weekly report.


                                                            

[karametade]

                        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






 

[karametade]

                                                  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.


                                                      


                                                                                 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.

                                          

                                                      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.

                                             

                                                        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.

[revelacaogr]

                                                              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.

                                                  


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.

                                     

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.

                                     

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.

[revelacaogr]

                                                     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.”


                                                


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

[revelacaogr]

                        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).


                                          


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:


                                        


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:


                                      


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):


                                      


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):


                                      


Whole program (https://github.com/CognitiveProcessing/Matrix-AI-Network-Code-Snippets/blob/main/js/ethToManAddressConverter.js):


                                      


                                      


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

[karametade]

                                                              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.


                                                

                                                                     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.


                                                

                           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

[karametade]

                                                                             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.


                                                              

                                                                                                       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.

                                                              


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.

                                                            
 
                                                                                    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.

                                                            

                                                                                               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.

                                                          

                                                                                    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.

                                                          

                                    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.

                                                        

                                                                                      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.


                                                        
                                                                              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.

                                                      

                                                                        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

[karametade]

          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).

                                                        


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.)):

                                              

Also, we will check for cyclic redundancy:

                                              

Then we will decode the address (base 58 encoded string, without the last Character) then convert it to hex and add 0x before it:

                                              

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

[karametade]

                                                                                  1st Report of August 2021

                                                                                       Matrix AI Network Bi-Weekly report