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karametade (OP)
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September 08, 2021, 06:53:35 PM
 #181




                                                    HOW ARTIFICIAL INTELLIGENCE & MATRIX AI NETWORK IS THE FUTURE!

                                                    Dapp Centre
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                                                       https://www.youtube.com/watch?v=V9w_HtbasUc

                                                       https://twitter.com/dappcentredpc/status/1435667934509162498?s=21


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September 09, 2021, 07:36:21 AM
Merited by revelacaogr (1)
 #182



                                            APEX: AI-Algorithmic-Stablecoin-to-Foreign-Currency Exchange Protocol (Part 3)



In today’s final APEX article we explain more about:

•AX - The Governance Token
•Cross-Chain AI Transactions
•AI Quantitative Trading

and other interesting aspects of this AI-Algorithmic-Stablecoin-to-Foreign-Currency Exchange Protocol




Governance Token – AX

AX is APEX’s governance token. It grants voting power regarding 1. the addition of a new algorithmic stablecoin, 2. the increase or decrease of staking pools and the adjustment of stake percentage, and 3. the extent and frequency of stake percentage adjustments in inflationary and deflationary cycles.

In the genesis stage, a total of 100 million AX will be issued, and for every new algorithmic stablecoin added, an extra 30 million AX will be issued. As the demand for algorithmic stablecoins grows, AX will be on a deflationary trend.

AX’s market value is bolstered by APEX seignorage as well as the cash flow from minting and redemption fees. An increase in net value also will happen when unused stakes are used. At the same time, AX plays an important role in stabilizing the market. As the market value of AX increases, so does the stability of the system get strengthened.

Cross-Chain AI Transaction

A cross-chain router hub supports the exchange of algorithmic stablecoins on APEX or between APEX and other blockchain platforms. When a transaction request is launched, the oracle machine will snatch real-time price information from the liquidity pools on different blockchains. Combining all information, Matrix’s AI stablecoin exchange protocol will help users find the best price and pick the optimal transaction route. Once a transaction is confirmed, users pay with stablecoins they have on one blockchain and receive stablecoins on the target blockchain.

AI Quantitative Trading

As APEX hosts multiple algorithmic stablecoins whose price movements create opportunities for arbitrage in a market that is open 24/7, a quantitative trading strategy tool based on Matrix AI will be provided for users.

APEX’s AI quantitative trading works through trial and error to track the price movements of different algorithmic stablecoins. It helps users take control of trading by making strictly followed strategies and monitoring their results.

APEX Derivative Platform

ETF

By the time there are at least five different algorithmic stablecoins on APEX, the platform will launch APEX ETF, an investable asset whose price follows a composite index tracking the market value of every stablecoin traded on APEX. This index will reflect the stablecoin market’s overall trend.

APEX Perpetual Swap

Perpetual swap is a decentralized perpetual contract that supports all types of assets. It is made possible through virtual AMM. Like with Uniswap, traders can trade with virtual AMM when there are no counterparties. Virtual AMM is market neutral and adopts a full-stake mechanism. It sets the predictable price of an underlying using constant product to guarantee liquidity onchain.

Perpetual Swap allows users to

● long or short any type of asset;

● make trades with up to 10 times leverage;

● trade 100% onchain;

● make 100% non-custodial transactions.





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September 10, 2021, 12:01:37 PM
Merited by revelacaogr (1)
 #183

                                Matrix AI Network Utils — Part 2.1: Sending a MAN transaction(JS, NodeJS), 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).


                                                      


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 send a MAN transaction (Mainnet).

We will make use of the following packages : ‘aiman’, ‘matrixjs-tx’, ‘bignumber.js.

You can install them by using :

npm install aiman matrixjs-tx bignumber.js

then declare them:


                                                      


Let’s start programming!

First off, we are going to start by declaring some of the tx variables we are going to use, we will need the following, the names of the variables should be self-explanatory: privateKey, addressWeSendFrom, addressWeSendTo, gasLimit, gasPrice, amountWeSend, chainId


                                                      


The gasPrice should be around that value for the network at the moment, in case it ever changes, you can always get a rough estimate by calling the getGasPrice().

The amount we send can be denominated in the following ways:


                                                      


If we would like to send 1 MAN, for example, we can change amountWeSend to man3.toWei(‘1’,’man’)

Now we are going to create a Promise that will get the address nonce:


                                                      


And another promise that creates the raw transaction we are going to use:


                                                      


Now we can prepare our raw tx, it has the following format, we are going to change the nonce of it once we resolve the getNonce() promise:


                                                      


After changing the nonce of the raw tx we call the sendRawTransaction Promise then display the tx hash if the transaction got sent successfully or the error message if for some reason, the transaction could not be sent/ there was some error when creating the transaction.


                                                      


Here we have the getTxParams function, if currency parameter is not provided, it is going to use MAN as default, it converts the transaction parameters to hex (and makes it the right format) and adds the v, r, s values, which are the ECDSA signatures:


                      


                                                      

                                


Sample output:


                                


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


                                                        


                                                        


                                                        


                                                        


                                                        


                                                        


                                                        


For more documentation on the packages used, you can check:

https://www.npmjs.com/package/bignumber.js

https://www.npmjs.com/package/buffer

Also, check out the official Matrix AI Network Developer Portal:

dev.matrix.io


                                                                               https://www.matrix.io/blog_61.html

                                                https://twitter.com/matrixainetwork/status/1436209013142740998?s=28






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September 14, 2021, 01:49:13 PM
 #184




                                                                            Transcript of MATRIX AMA on APEX


Did you miss the AMA with APEX and LemoChain held on September 11, 2021? Check out the full transcript below!

Eric Choy:

Hi Matrix Community, Today is a special day as we are hosting the first AMA on an ecosystem project, named APEX.
APEX (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.

For more details, you can visit our recent blog post

The run down of this AMA is rather straight forward. We have gathered quite a number of questions from the community, and pick some to be answered by our guests.
Akon, Chief Operating Officer of APEX, and Sadoy, Community Manager of LemoChai. I have one request that try not to distract from the topic and distract the speech of the guests.

Without further ado, let us give an applause to the guests.

Hi Akon and Sadoy, can you introduce yourself please?

Akon:

Hi guys, how are you doing?

I’m Akon, serves as the COO of Apex, in charge of the project’s strategy as well as the external business collaboration.

Sadoy:

Let me introduce myself, my name is sadoy and I am the community manager of lemochain. Its been a great pleasure to join this AMA in this big Matrix AI Network Community. Hope I would be able to address all the queries associated to lemo and its new ventures. with. relevant, crisp and. to the point answers

Eric Choy:

Hi Akon and Sadoy, welcome.

We will begin by asking some questions gathered from our community. We hope these shed some light on this new and exciting project!

First question from Elk:

APEX claims to be somewhat based on Matrix AI technology. Please elaborate in what way Is the Matrix mainnet used? In what way does APEX bring value to MAN coin holders

Akon:

Apex provides a cross chain transaction route “hub” to meet users’ Exchange on different algorithm stable currencies and different blockchain platforms. The transaction principle is that when the user initiates a transaction request, it predicts the opportunity to obtain their real-time prices in the liquidity pool on the chain where the two transaction objects are located, and then hand them over to the AI exchange protocol of matrix. The protocol accountant is responsible for and aggregating multiple liquidity sources on the chain to find the best price and transaction path for the user. After that, the user’s transaction is successful, and the target stable assets on the target chain are obtained by spending the stable assets on the original chain. In this intelligent transaction process, MAN needs to be used to pay relevant fees.

Eric Choy:

Thanks, sounds great!

Move on to second question from Amazir:

APEX will use Matrix AI, so it will also use $MAN? Like on MANAS with credit cards?

Akon:

Yup, you can find more details in the last question.

Also, Apex is going to provide users with quantitative stable currency trading strategies based on AI in the future.

are supposed to use the algorithm and computing power on matrix.

MAN needs to be used to pay, which will surely bring more value to MAN.

Eric Choy:

Amazir has a further question:

When will APEX be finished and delivered? I think that is a question from all of community members.

Akon:

The first version should be available in two weeks, and we are going to continue to develop and update.

Eric Choy:

That sounds very exciting to me!

I understand it takes some time to perfect it, and it is good to know we shall see something after 2 weeks.

Here’s another question we received from the community beforehand:

It is the same question Hüseyin Cesur and Capcosmos, so I combine into one and welcome both guests to answer:

While delays and freezes are experienced even in the largest exchanges, is there a possibility of delay or freezing in the system of apex, if so, what is the percentage?
What are the chances of getting hacked? Will it be able to keep up with stablecoins simultaneously? Most importantly, do you have a second plan if you fail?


How will you handle LemoChain platform if something unexpected happens in the future, such as a hack that leaves your platform with some of your users’ personal information? Is your platform prepared for a circumstance like this?

Sadoy:

Lemo is world’s first D-Povp based blockchain. D-Povp. is an upgraded. version of D-Pos. The basis of the DPoVP consensus mechanism combines the advantages of BFT’s fast consensus and the DPoS’s throughput capability

Proof of stake is more energy efficient, because it removes the high-powered computing from the consensus algorithm. The PoS mechanism will have the advantage of not being able to carry out force attacks like 51% attack . So it will become much more fast,secured, highly scalable and eco friendly.

Bugs are an inevitable hurdle for any project and regular optimization is key to long term success of any organization. Complete decentralized distribution and optimizable aspect of lemochain will make it help to turnaround from any adverse situation.

Definitely, the application layer of lemochain provides fast verifying speeds and anti forgery process for DApps. Lemo, from its core blockchain code to its upper application interface will coherently safeguard user privacy across all aspects of data exchange within its’ ecosystem. This will ensure sole ownership of data from the original holder, with no access available to any third party. All code related to the data privacy and user protection will be open-sourced entirely to accept consistent community feedback. Additionally, Lemo will organize regular code audits to ensure the entire mechanism can withstand any malicious attacks.

Akon:

Basicly, I can’t give you an accurate percentage at present, but we have a mechanism to ensure the safety of users’ assets and their rights and interests.

Hacker attacks are everywhere. We plan to test and audit as comprehensively as possible to ensure the security of the contract.

At the same time, we also carry out some bug bounty activities to let users help us find problems and update the version immediately.

Eric Choy:

Next question from SunSun77:

Can you tell us some of the latest achievements made by APEX and LemoChain, can you describe in details the current development efforts, such as market expansion plans, expected applications & new upcoming program of events?

Sadoy:

We had the lemo mining pool where users had the ability to mine coins such as $CHIA,$BZZ,$BTC,$ETH and $FIL. All its products has been sold out and profit from it has been utilized to buyback lemo from gateio.

Bayblon mechanism is the framework for mainnet. Lemo Babylon on BSC has been deployed.Users will be able to Buy Lemo Nodes and can earn great passive incomes.

Lemo had its testnet running for about more than 2–3 years, Lemo’s Mainnet will repositioned using Babylon Node. People can grab a Super Node, Alliance Node or simple lemo node on the basis of the number of lemo ERC 20. token being staked and rank of the mining hashrate. Users can purchase a node for great passive income. Estimated daily return rate of 2%.

273 Million ERC-20 lemo token has been burnt and same amount of BEP-20 $LEG (Gamefi bridge token) is created and will be available on Babylon Contract .Currently we are docking game labs and game development teams. Collaboration to create a Wallet with game browser, Steam Game store is on the cards

Apex is an AI powered exchange and will offer algorithmic stable coins on different blockchains. After our mainnet is ready they will use our blockchain. Lemochain will be offering Indian Rupee based algorithmic stable coin. So, it’s a win win situation for both the projects

So Lemo token will be existing in different chains such as on Ethereum , BSC and its own Lemochain itself after releasing its mainnet and the total supply will be 1.6 Billion. Lemo mainnet token needs to be pledged if a user wants to release its Dapp on lemochain.

In future we will work on video streaming and cloud data storage sphere.

Akon:

We have basically completed all the smart contract development of the first version.

At present, we are conducting intensive test and adjusting some concrete rules.

We believe the first version can be launched soon as planned. Thanks

Eric Choy:

Question from Anonymous:

Why is it good for india market? Sadoy you are an Indian. Perhaps we start from you.

Sadoy:

My favourite question…

I am an Indian. And I know how crypto is growing in my country. Recently Our Central bank has given green signal to trade in crypto. Supreme court of India also supported it. Many crypto exchanges has been established in India during the last couple of years. Country is spending lots of money into digitalization and developing technology such as blockchain. Apex and lemochain will be offering Indian Rupee based algorithmic stable coin. As India is bringing a tech revolution and finding a good alternative to fiat currency for smooth and fast transaction, I think Rupee stable coin will be a game changer and will be hugely accepted in the country.

Lemo Foundation might form an OTC exchange in India too. If that happens it will be huge for both lemo and Matrix AI Network.

Win win situation for both lemo and Matrix AI Network!!!!

Akon:

Good question to me since India is a huge market in crypto area and there is no algorithm stable-coin based on INR, in our view its a great opportunity for us.

And we think the algrithm stable INR coins will provide more convenience to users in India in crypto currency trading.

Eric Choy:

Yes, India is a huge and great country. I think to start with India market is a great strategy.

Question from Algojali:

Does LemoChain have any project plans for combining NFT with DeFi? If so, Could you please describe how your project plan to support NFT development?

Sadoy:

Lemo foundation might enter into Video Streaming and Cloud Data storage metaverse with ventures and partnerships.It’s a plan for future, so wait for more clarification.

It’s secret and don’t want to become a spoilsport by revealing it now!!!! Common……

Eric Choy:

Fair enough.

Opotatoo asks:

Decentralized systems that are unreliable and slow. How does LemoChain aim to build a more trusted and feasible ecosystem? And do you have any workarounds for the gas issue from scaring away new people? Are you planning to add any changing implementations on your roadmap?

Sadoy:

Good and relevant question

The basis of the DPoVP consensus mechanism combines the advantages of BFT’s fast consensus and the DPoS’s throughput capability. So it will become much more fast,secured, highly scalable and eco friendly.

Regarding gas fee that’s the exact problem. Babylon mechanism is going to solve . Gas price is not an issue on lemochain because Babylon contract will charge the miners fees to cover the transaction network cost. Yes, we are planning a lot of things.

Will update the community one by one.

Eric Choy:

Sercan has a question:

Lemo Coin provides data on on-chain technologies for the decentralized NFT ecosystem. Can it be used in collaboration with Matrix Manart in this context? Will there be cross-chain trade and transfer?

Sadoy:

Lemochain is open to collaborate with Matrix AI regarding their Manart project. Lets see what happens in the future.

Eric Choy:

Right, we wish the data would be uesd in the training on MATRIX, and we will build a cross-chain between MATRIX and LEMO.

Sadoy:

If it happens it will be great!!!

We are committed to building a brand-new blockchain data transmission ecosystem; Lemo, as a universal Internet data value transmission protocol for future decentralized applications, digitizing and tokenizing data values, and promoting Blockchain technology is applied to real-life business scenarios. We are aiming to build a new data circulation system, based on LemoChain, which will become the universal online data transfer protocol. This is how LemoChain will connect blockchain technology with the real world.

Eric Choy:

Anonymous:

What does this partnership mean for MAN coin?

I think I can answer this question

Apex will bring more usage requirements to man and more financial usage scenarios for MAN. At the same time, it will also attract more AI scientists in the financial field to provide algorithms in the future

Sercan is a good listener, he has a further question :

Between matrix and lemo partnership;Will there be lemo exchanges with direct matrix? Or will there be an exchange over the apex?

Akon:

I think APEX will provide this function in the future.

Eric Choy:

Since it is already 56 minutes. Would you use one sentence to describe your feeling before we finish this AMA please?

Sadoy:

Apex is an AI powered exchange and will offer algorithmic stable coins on different blockchains. After our mainnet is ready they will use our blockchain. Lemochain will be offering Indian Rupee based algorithmic stable coin.

It was a much needed AMA for our new and exciting plans and ventures!!!

Akon:

Let‘s keep tight with matrix community.

See the AI+exchange!

Eric Choy:

Wow, AI+

That marks the end of our AMA.

Thanks to everyone who attended the AMA.




                                             https://matrixainetwork.medium.com/transcript-of-matrix-ama-on-apex-6bb067afd528









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September 14, 2021, 01:52:27 PM
 #185

                                                           MANIA – A New World of the Integration of NFT and AI (1/4)




The Arrival of the Age of AI

In this age of information and technology explosion, the AI industry is on a fast track seeing ever-growing application in the business world. AI has also become part and parcel of people’s daily life, enabling novel use scenarios such as unmanned transportation, distribution, storage, aerial flights, etc. In medical care, AI can be used to analyze images for assistive diagnoses. AI also has a lot to contribute in agricultural, industrial and public governance scenarios.


                                      


Although AI is still in its infancy when it comes to commercialization. AI solutions are estimated to be an industry with a compound annual growth rate of 65% over the next decade, reaching trillions of USD by 2027. With technological advancement, favourable governmental policies and investors’ enthusiasm continuing to foster the development of AI, the sustained high-speed growth of the industry will be driven by three factors:

The depth and scale of data: Data is becoming the most valuable asset for companies, as technologies for data generation and collection (such as written, visual and audio records, etc.) develop, and the popularization of IoT fosters the exponential increase in the quantity of obtainable data, which totaled about 40 ZB in 2020. Finding a practical workflow to extract valuable business insights from the massive quantities of data has become a top concern for companies. As more data become available for training AI algorithm models, AI is capable of making more and more accurate predictions.

Computing power: As the limitations of traditional computing technologies are broken through by advanced hardware and software technologies such as GPU, FGPA and ASIC chips as well as cloud computing, distributed computing and parallel computing, AI has emerged from the lab and found its use in the business world.

Creating real value for societies: AI has helped countless businesses make revolutionary transitions crucial for achieving their goals. Customer service chatbots, anti-fraud systems of financial institutions and AI-assisted customer targeting are all examples of this. AI-assisted recommendations are earning Netflix an extra billion USD of revenue every year.



                                          https://twitter.com/matrixainetwork/status/1437725672944902145?s=21

                     https://matrixainetwork.medium.com/mania-a-new-world-of-the-integration-of-nft-and-ai-1-4-2129e243a94e


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September 15, 2021, 09:26:22 AM
 #186



                                                                                  1st Report of September 2021


                          




                                               https://matrixainetwork.medium.com/1st-report-of-september-2021-140ae9375cbc




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September 16, 2021, 07:53:52 AM
 #187





                                                    MANIA – A New World of the Integration of NFT and AI (2/4)



The Value Foundation of AI and Challenges

The value foundation of AI rests on the raw materials necessary for producing it, namely data and computing power, while real social and economic value is created by AI algorithms. Algorithm models are the layer that’s closest to us, as AI applications are only made possible by them. In other words, the value of data and computing power is actualized through algorithm models. Without the models, any amount of computing power is futile.

In the past few years, cheap and efficient computing power (made possible by GPU), a near-infinite storage capacity for big data, an omnipresent deployment of sensors and the fast development of all other supporting technologies have created the explosive growth of AI. And with this comes the biggest challenge: how to protect the intellectual property of algorithms, thus protecting the value foundation of AI so that AI scientists are motivated to continue creating.

Protecting AI intellectual property is challenging in the following ways:

Difficult to authenticate:

Like with other software products, it is difficult to authenticate the ownership of an AI algorithm, which subjects the works of AI scientists to theft and abuse.

Easy to copy:

Although costing a lot to create, an algorithm is essentially a string of code, and it takes no more than a few clicks to copy it. Being no experts in encryption techniques, most AI scientists lack the effective means to protect their intellectual property.

Difficult to protect:

In a centralized environment, anyone who has access to the system can easily copy other people’s algorithm models for free.

These challenges will shake the value foundation of AI in the long run and even strangle its growth potential. Fortunately, with the help of blockchain and distributed storage technologies, we are well-equipped to tackle these challenges.



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


                     https://matrixainetwork.medium.com/mania-a-new-world-of-the-integration-of-nft-and-ai-2-4-fc3f1e92e2ea






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September 17, 2021, 12:04:34 PM
Merited by revelacaogr (2)
 #188


                                          Technical Guide to Create Mining Masternodes in Ubuntu (Linux) with Matrix AI Network



Here is a complete technical guide to running multiple Mining Masternodes on the same machine.
It is recommended to have a machine with at least:

8-core CPU (or more)

16 GB of RAM (or more)

Approximately 500 GB of disk space per Masternode (anticipating large storage space as it keeps increasing with time)

At least 1MB/s internet bandwidth per MasterNode

Key points:

To launch a Mining Masternode, you must stake at least 10,000 MAN.

To launch a Validation Masternode (used for pools), you must stake at least 100,000 MAN.

Each Masternode must have 2 Wallets A and B associated with it (which you will therefore need to create).

Wallet B will be configured on the machine and will serve as a secure bridge to wallet A where your staking will be located and where you will also receive your MAN rewards.

There are two types of rewards generated:
- Staking rewards
- Mining rewards

Both types of rewards will be sent to Wallet A of each node.

However the staking rewards will remain locked as long as the staking is also locked, while mining rewards will be available and transferable at all times.

Synchronizations with the blockchain are particularly long.
We will use a file called “snapshot” so that we don’t have to synchronize everything from scratch.

Steps to synchronize a first Masternode

1. Download the latest snapshot, at the time of this article, it is this one, taken at block 5,900,000: https://www.matrix.io/assets/dropdown/TrieData5900000.tgz

2. Then extract the archive (no matter where at the moment) to have the uncompressed file (TrieData5900000).

3. Create a folder “Masternodes” which will contain a subfolder for each masternode.
In this guide we will use mining masternodes as example (most common), so we will name the subfolders “MiningNode1”, “MiningNode2”, “ MiningNode3 ”, etc

4. Go to the “MiningNode1” folder.
Right click, Open Terminal here.

5. In the Terminal, run the following command which will download Go-Matrix in a “masternode” folder:

git clone https://github.com/MatrixAINetwork/go-matrix.git masternode

6. Then the command to enter this folder:

cd masternode

7. Then the command to download the Gman script:

wget https://github.com/MatrixAINetwork/GMAN_CLIENT/raw/master/MAINNET/20200520/linux/gman

8. Then modify the permissions on the gman file and create a “chaindata” folder and “keystore” sub-folder in chaindata with the following command:

chmod 775 gman && mkdir chaindata && mkdir chaindata/keystore

9. Then you have to move man.json into chaindata and copy the picstore folder to paste it into chaindata:

mv man.json chaindata && cp -R picstore chaindata/

10. Now (if you haven’t already done so), you need to create your Wallet B1 by going to https://wallet.matrix.io/ with Keystore mode.
Write down your B1 password and save your B1 Keystore file.
Note: It is preferable to use an unusual password for this wallet, even if it is weak. This password will be stored in clear in a config file, so it is potentially hackable (which is not dangerous in itself), it is just better if it does not give any clue about your other secure passwords.

11. Now you have to create a new text document (use the method of your choice), still in the “masternode” sub-folder of the “MiningNode1” folder.

12. Rename this text document to signAccount.json
Then edit this file with a text editor.

13. Copy / paste the following content into the text editor:

[ {
 “walletaddress”:””,
 “walletpassword”:””
 } ]

And replace walletaddress with the address of your Wallet B1, and walletpassword with the password of your Wallet B1.
Then save the changes.

14. You must now place your Wallet B1 KeyStore file (downloaded in step 10) in the masternode/chaindata/keystore/ folder.

15. Then place the snapshot file extracted in step 2 in the masternode/snapdir/ folder (create the folder if it does not exist).

16. Then return to the Terminal (whose current path should still be […]/Masternodes/MiningNode1/masternode/) and run the following command:

./gman -datadir chaindata init MANGenesis.json && ./gman -datadir ./chaindata aes -aesin ./signAccount.json -aesout entrust.json

17. If all goes well, you should be asked for a password, this will be the password to type to launch the masternode, enter the password of your choice.

18. When launching the node for the first time, you must indicate in the command parameters to use the snapshot file, this will then no longer be necessary if you have to restart the node later.
Use the command:
./gman --datadir ./chaindata --networkid 1  --debug --verbosity 3 --port 5101 --manAddress MANADDRESS --entrust ./entrust.json --gcmode archive --outputinfo 1 --syncmode full --loadsnapfile "TrieData5900000".

There are 3 parameters to check:

- MANADDRESS must be replaced by the address of Wallet B1
- The port number (after “port”) must be available (open in your router and not already used by another process)
- “TrieData5900000” must correspond to the name of the snapshot file contained in the “snapdir” folder

19. To launch a node again afterwards (without the snapshot), use the command:

./gman --datadir ./chaindata --networkid 1  --debug --verbosity 3 --port 5101 --manAddress MANADDRESS --entrust ./entrust.json --gcmode archive --outputinfo 1 --syncmode full

20. You should be asked for the masternode password (chosen in step 17), then the node should launch and start synchronizing.

21. Wait until for full synchronization with the blockchain.
You can check the progress of the synchronization by opening a new Terminal from the MiningNode1/masternode/ folder and running the command:

./gman attach ./chaindata/gman.ipc.

22. This opened the IPC (the Command Line Interface of the miner), then type the command:

man.syncing

23. The result will give you a value of “Current block” which is the block where your node currently is, and a value of “Highest block” which is the latest current block of the blackchain.
When the 2 values ​​are identical, your node is then synchronized.
If man.syncing returns “false”, check the “Check the status and operation of a MasterNode” section down below.

Steps for other masternodes

(Assuming that the first one is 100% synchronized, which allows to do the sync only once and then re-use it, rather than waiting for the sync for each node)

1. In your Masternodes root folder (with an “s”, which should contain the MiningNode1 folder), create a “MiningNode2” folder.

2. Repeat the same steps as for the first node from step 4 (from the MiningNode2 folder this time of course) up to step 17, avoiding step 15 (which put the snapshot file, at worst if you do it doesn’t matter it won’t change anything).
You will have to create a new Wallet B2 (instead of B1), and replace everything relating to Wallet B1 by Wallet B2 of course.

3. Stop Mining Masternode 1 by going to its Terminal window and pressing CTRL + C.

4. Go back to Terminal 2 (whose current folder should now be […]/Masternodes/MiningNode2/masternode/), and run the following command to copy the synschornized data from the node 1 blockchain to a backup folder:

mkdir ../../snapchain && rsync -a --progress ../../MiningNode1/masternode/chaindata/gman ../../snapchain

5. Once the copy is complete, relaunch Mining Masternode 1, by going back to Terminal 1 and re-issuing the following command (replace MANADDRESS by the address of wallet B1):

./gman --datadir ./chaindata --networkid 1  --debug --verbosity 3 --port 5101 --manAddress MANADDRESS --entrust ./entrust.json --gcmode archive --outputinfo 1 --syncmode full

6. We can now copy the synchronized blockchain data to our MiningNode 2 with the following command:

rsync -a --progress ../../snapchain/gman chaindata/gman

7. Once the copy is complete, we can launch our Mining Node 2:

./gman --datadir ./chaindata --networkid 1  --debug --verbosity 3 --port 5102 --manAddress MANADDRESS --entrust ./entrust.json --gcmode archive --outputinfo 1 --syncmode full

⚠️ Check the 2 parameters
carefully :
- MANADDRESS to be replaced by the address of your Wallet B2
- Port number (after “port”) which must be different for each node

8. You can check the sync status as in step 21 and 22 from the first node.

9. Repeat these steps for each node, replacing MiningNode2 by MiningNode3 (then 4, 5, etc.) as well as Wallet B2 by Wallet B3 (B4, B5, etc.), and without steps 3 and 5 which are no longer necessary since the copy of the blockchain data was made in a separate folder.

Check the status and operation of a MasterNode

1. Go to the Terminal corresponding to the MasterNode to check, let’s say Terminal 3 for MasterNode 3.

2. Press CTRL + SHIFT + T to open a new tab in the same Terminal which will be in the same current folder as the first tab.

3. Run the following command which will open the IPC, the Matrix miner command interface:

./gman attach ./chaindata/gman.ipc

4. To check the synchronization status with the blockchain, use the following command:

man.syncing

If the node is fully synchronized with the Blockchain, it will return “false”.

If the node is not actively being synchronized, it will return “false”.

Otherwise it returns several informations such as “currentBlock” and “highestBlock” which correspond respectively to the number of the current block of the Node and the current number of the blockchain. When the 2 match, the node is fully synchronized with the blockchain.

5. If man.syncing returns “false” and you want to check if your node is well synchronized (which is recommended), use the following command to find out the current block number of your node:

man.blockNumber

And compare the result with the current blockchain number on https://tom.matrix.io (see Block Height, top left)

6. The number of peers connected to the node is also an indicator of the good functioning of the node, it is possible to check this value with the command

admin.peers

50+ peers (approximately) testifies to a good available internet bandwidth and a node that runs well.


Manage your nodes server remotely

The easiest, free and secure way is to use TeamViewer software.

1. Visit their official site from the node server under Ubuntu: https://www.teamviewer.com

2. Download and install TeamViewer on Ubuntu

3. Go to the options from the Extras → Options menu, then check “Start TeamViewer with Ubuntu” or similar (the screenshot is an example with Windows)


                                          


4. By default TeamViewer changes password on reboot, to avoid this we will link this machine with your TeamViewer account.
If you don’t already have a TeamViewer account, use this link to create one: https://login.teamviewer.com/LogOn/PopUp/create-account

5. Log in to your TeamViewer account from the interface:


                                        


6. Go back to the options via the Extras → Options menu, and in the “Security” tab, check the “Grant easy access” box:


                                        

There may be a “configure” button to link your account before you can check the box.

7. Check that everything is working well, restart your Ubuntu machine and check that TeamViewer starts up on startup without any action on your part.
Then take another device with TeamViewer, connect to your TeamViewer account, and watch in the “Computer and Contacts” tab that your node server appears.


                                                                              


⚠️ For this to work properly, your node server under Ubuntu must (I think) be in autologin mode at startup, i.e. your session opens automatically at startup without entering your password.

You can now connect to your nodes server with TeamViewer from anywhere, restart it remotely if necessary, and then reconnect to it.


Query your node through its API

For developpers and more complex configurations, the API documentation of a Masternode is available here:
https://dev.matrix.io/api/RPC.html


         https://matrixainetwork.medium.com/technical-guide-to-create-mining-masternodes-in-ubuntu-linux-with-matrix-ai-network-aa5386286f4b

                                                https://twitter.com/matrixainetwork/status/1438741464905814018?s=21






karametade (OP)
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September 20, 2021, 11:14:25 AM
 #189


                                                                MANIA – A New World of the Integration of NFT and AI (3/4)




NFT

A non-fungible token is a unit of data stored on a digital ledger. Unique and indivisible, it is already widely used for the authentication of intellectual properties, certificates and other paperwork, invoices and receipts, tax documents, in-game digital items, etc. In the future, NFT will continue to transform industries (such as art, gaming, etc.) where ownership authentication is critical.

On Mar. 11th, 2021, Everydays: the First 5000 Days, a collage of 5000 digital images created by Beeple for his Everydays series, was sold at Christie’s for a record-breaking 69.34 million USD. This incident heralds the coming of the digital economy.

The trade volume of NFT also grows exponentially year by year. From 2019 to 2020, the volume nearly tripled, rising from 62.86 million to 250 million USD. In 2021, thanks to thriving DeFi ecosystems, the trade volume of NFT in the first quarter alone beat the entire year of 2020 by 8 times, totaling 2 billion USD. From 2018 to 2020, the market size of NFT was up by 825%, active NFT addresses increased by 201%, the number of buyers increased by 144%, and the number of sellers increased by 113%.

Compared with traditional art dealerships, NFT trading platforms have the advantages of accessibility, transparency, traceability, low transaction cost and low entry barrier, and thus can best protect the interests of artists and collectors. Traditional artworks are sold through auction houses like Christie’s, where service charges are high, and the authenticity of an artwork and its ownership history are difficult to determine. NFT trading platforms, on the other hand, give users transparent information as to an artwork’s creation, uploading, viewership, and transaction and collection history. Service charges are also much lower compared to traditional auction houses. Not to mention that artists will have a sustained income from royalties, which will motivate them to create more.

There are similarities between the art and AI markets, as AI algorithms are also works of creative design. Thus, using NFTs to authenticate AI algorithms is not only viable but also a brilliant idea.

AI+NFT=MANIA

For this very purpose, Matrix plans to launch MANIA (MAN Intelligent Authentication), a platform where AI algorithms can be traded like NFT artworks. Let’s take a look at how MANIA tackles traditional intellectual property challenges.

Distributed Storage

All algorithm models created by AI scientists will be stored on distributed storage networks in partnership with Matrix, which keeps the algorithms safe from being stolen by the owner of any individual node.

Blockchain Authentication

Authentication is a core function of blockchain. When uploaded to cloud storage, an algorithm model will receive a time stamp ensuring that its ownership is unique and traceable.

NFT Liquidity

As algorithm models are the building blocks of the AI world of tomorrow, a boost in their liquidity will set the AI industry on the right track. On MANIA, people can convert their algorithm models into NFTs, which they can take cross-chain to different NFT markets to trade.

Privacy-Preserving Computation

Matrix adopts privacy-preserving computation (PPC) to safeguard algorithms from theft. With its help, algorithm scientists can provide AI services for profit and rest assured that no one will steal away their ideas.

The workflow of MANIA consists of the following parts: algorithm creation, distributed storage, blockchain authentication and NFT minting.

                            


                                                                                 Picture: Workflow of MANIA


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



                                        https://twitter.com/matrixainetwork/status/1439826651811045382?s=28

               https://matrixainetwork.medium.com/mania-a-new-world-of-the-integration-of-nft-and-ai-3-4-c77f9b44c556










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September 21, 2021, 08:04:00 AM
 #190

                                                           MANIA – A New World of the Integration of NFT and AI (4/4)



Highlights of MANIA

Separation of Ownership and Right to Use

The separation of ownership and right to use is a core feature of MANIA. It guarantees that algorithm models are easy to trade and thus in good liquidity while making sure they are also easy to use by people who are interested in their functionality. There are two types of NFTs: 1. ownership NFT, a token of ownership for the correlating algorithm, and 2. Right-to-use NFT, granting the right to access the correlating algorithm and AI service on MANAS through PPC nodes.


                                          

                                                Picture: Separation of the Ownership and Usage Right of an Algorithm NFT



Privacy Layer Structure

The secret to separating ownership and usage right lies in privacy protection and privacy storage. Traditional blockchains are designed to be completely transparent. When it comes to partial transparency and the storage of private information, they are at a disadvantage. In the age of big data and AI computing, collaboration among different entities based on data sharing will become a trend, and it will fall onto blockchain technologies to protect data privacy and separate the ownership of data from the right to use them by enabling the necessary authorization methods.

Guaranteeing data safety and facilitating data ownership authentication will benefit Matrix in three more ways:

1.When the privacy of users is guaranteed in transactions of algorithms and data, the algorithms become more efficient to use;

2.Big data applications will be empowered to facilitate the collaboration and sharing among companies and industries;

3.The synergy among data generation, modeling, application and transaction will link together entities that would otherwise be information islands and steer the big data industry onto a path of sustained growth.


                                          

                                                          Picture: The Storage and Computing Framework of MANIA

Multi-Party Security Computing

To implement the separation of NFT’s ownership and usage rights, PPC is critical. Matrix will introduce Secure Multi-Party Computation (SMC), a framework designed to enable collaborative computing among a group of distrusting participants by protecting the privacy of all parties. It guarantees independent inputs and accurate computing while making sure no inputs from one party will be leaked to other parties in the same collaborative computing group.

Matrix will adopt SMC for its blockchain data encryption, and a validation mechanism and blockchain technologies for its cloud computing and AI platforms. These, in combination with zero-knowledge proof and other cryptographic technologies, will constitute the foundation of Matrix’s next-generation general computing service platform. The framework of this data computing system is illustrated below.


                                        

Any single node in Matrix AI Network can participate in PPC by launching a collaborative computing task or joining one launched by others. The hub node controls routing and computational logic. It searches for relevant data and broadcasts its computational logic to MPC nodes. MPC nodes follow the computational logic to access their local database, perform computing tasks and send results to designated nodes. This way, a group of nodes can collaborate to carry out computing tasks and send results back to the system without compromising each individual node’s local data privacy.

MANIA – A New World for NFT

The arrival of MANIA is significant for Matrix, for the AI industry and for the NFT market.

For MATRIX

All functions of MANIA, including authentication, minting NFTs, etc. will require MAN for settlement. This will boost MAN’s liquidity and value.

An effective solution for protecting intellectual property will attract more AI scientists into the Matrix ecosystem to create more original algorithm models. Mature algorithm models can be authenticated and used to mint NFT. All this will attract more users into the Matrix ecosystem.

For the AI Industry

MANIA’s greatest contribution to the AI industry is consolidating the value foundation of the AI market. When AI scientists no longer worry about their intellectual property getting stolen, they will be more motivated than ever to create. This will help create a more dynamic ecosystem and ultimately make for the Cambrian explosion of the AI industry.

For NFT

MANIA will mark the beginning of a new type of asset which carries economic and social value, in contrast to traditional artwork or in-game item NFTs that are priced only for their artistic value. By converting AI algorithms into NFTs, MANIA will immensely expand the user base of NFT and solidify its value foundation. This will truly set off the explosive growth of the NFT market.


                                        



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


                                                 https://twitter.com/matrixainetwork/status/1440219380340510723?s=28

                      https://matrixainetwork.medium.com/mania-a-new-world-of-the-integration-of-nft-and-ai-4-4-86f2d325b6ce




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September 23, 2021, 05:56:08 AM
 #191

 


                                            MATRIX is delighted to announce that a partnership with Eco Planet from Korea has been formed.
                                            An MOU was signed earlier this month.

                                            Eco Planet tries to build a renewable energy investment platform, aka EcoDefi.


                                                                                                                                                


          The Eco Global Blockchain Project is being carried out based on the renewable energy technology that is commercialized along with Eco Defi,
     which is connected to the real economy. It will list large exchanges in Korea as well as global large exchanges, proving the liquidity and value of ECOP tokens.

                                             The Eco Global Project can leverage the Decentralized Finance, a blockchain,
                             to provide new renewable energy investment opportunities for anyone to earn investment revenue.


What is a vaporised oil liquefaction device?

Just as water vapours when it gets hot, oil vapours when gasoline is over 23 degrees Celsius. You can think of oil vapor as the smell of gasoline from a gas station.

Oil vapor is a class 1 carcinogen and exists in the air, and it enters the body when we breathe and causes cancer.

These substances are called volatile organic compounds. This material is currently being left unattended at gas stations, refineries, shipyards, printing shops, etc. where gasoline is handled and is being discharged into the air.

An oil vapor liquefier is a device that can regenerate oil vapor into the air when it is discharged into the air.

China has already enacted legislation and installed it at every gas station, but currently, in Korea, only oil vapor collection devices are mandatory in Seoul and the metropolitan area.

It is not mandatory to install an oil vapor liquefaction system.  

Oil vapor is 100% liquefied again and regenerated into gasoline, so it is an essential device for the earth's atmospheric environment.

What is Eco Defi of Eco Global project?

DeFi, which has established itself as a new business area for blockchain, is limited to markets that utilize cryptocurrencies to provide a liquidity pool for deposit and loan markets.

The DeFi platform that Ecoglobal is aiming for is a DeFi platform that discovers and invests in companies with technology to protect the earth's environment.





                                                        


                                                      


                                                      


                                                      


                                                      


                                                      



                                                                             http://eco-global.io/index_en.php


                                                http://eco-global.io/theme/basic/img/09.16Eco_global_project_english.pdf




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September 23, 2021, 03:40:30 PM
 #192




                                               


MASO is a distributed AI service platform built on the Matrix mainnet. Its functions include automatic AI model training, AI algorithm model authentication, algorithm model processing, and paid access to algorithm models via API.The role of MASO is very important, because through it users can truly use the service on the Matrix. In the future, it is thought that artificial intelligence technology will become more and more important. So for MASO there will be a huge market and millions of users.



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September 23, 2021, 09:09:21 PM
 #193

MASO resurfaced on crypto radar as a flashback to years when isolated well managed coins were popping up after years of lassitude with quadruple tenacity. This time around Matrix Neural Net was received by crypto chewers with enthusiasm hitherto unheard of, paving the way for Matrix Ai to get a better stance on our catwalk. With this return from ashes, existing holders will get another shot at recuperation from their bitcoin losses by sticking their fiat leftovers in to the best performing crypto, with Matrix being pinned to the top of their preferences.
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September 24, 2021, 12:25:13 PM
 #194


With the Matrix NFT project, it aims to 'transform user data, computing power and algorithms into personal digital assets'. Moreover, your wallet will also offer more staking options on the NFT platform, thus giving you a chance to earn additional income.


                                      


                                              https://twitter.com/sercanmuslu26/status/1441326874794156038?s=20




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September 24, 2021, 12:30:45 PM
 #195



                                          Matrix first nft project AI art (AIRT) – artificial intelligence created arts coming soon!!!


                                              


                                                       https://twitter.com/sercanmuslu26/status/1441366594941190152?s=20


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September 27, 2021, 08:20:39 AM
 #196




                                                                                        MANAS Test (Stage 2) Invitation



MANAS platform has reached stage 2.

In the June version, community was invited to test the process using one AI service as an example (see https://www.matrix.io/blog_26.html). In this version, we can see an upgraded version of MANAS with upgrades in both quantitative and qualitative perspectives.

From a quantitative angle, there are 5 AI services available, namely Facial Keypoint Recognition, Identity Recognition, Plants Recognition, Animal Recognition plus the current Credit Card Recognition. Currently, these AI services are trained and provided by Matrix. When it is launched, the operation model would be the AI scientist to provide the algorithms, while the network provides the computing power and data making the platform C2C.

More importantly, from a qualitative angle, we are making the API available for use. Think about different business requiring different AI assistance and they have nowhere to go to, nor the knowledge to train and use. With MANAS, they can simply integrate and call the AI applications in MANAS at ease. By doing so, they can use the service without any AI or technical skills, while the one who provide this service can profit from such.

Education is a big and ever green business. Imagine a primary school science teacher, they can use their school platform and integrate with MANAS using the Plants and Animal Recognition. When the students bring plants or animal figures to class, they can use the AI service and tell what are they. Edutainment is what it is about. Defi has been hot and compliance is a fundamental requirement. Any Defi companies/platform can use the facial recognition and ID recognition as part of the KYC auto process. These are simple and straight forward daily scenarios.

Now, we would like to invite community to have a try. Please send email with your name, TG ID and why you are so excited about MANAS to ericchoy@matrix.io on or before 29 September, and we shall arrange the test accounts for you. Have Fun.




                                                                                           
                                                                                                  .                  .                     .

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



                                                           https://twitter.com/matrixainetwork/status/1442332667693846531?s=28

                                                   https://matrixainetwork.medium.com/manas-test-stage-2-invitation-546b57fc989e





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September 28, 2021, 07:56:29 PM
 #197




                                                                                     Partnership with NULS

MATRIX is happy to announce that a partnership with NULS (www.nuls.io) has been formed.
NULS is a blockchain infrastructure that provides customizable services and is a global open-source project. It adopts micro-services and eco-friendly technology to achieve a highly modular architecture, using smart contracts and cross chain technologies to reduce development costs and expedite its use in business application.

We will organize an AMA with partners from NULS in due course. Please stay tuned.



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




                                           https://twitter.com/cryptoprof80/status/1442812476664463363?s=19

                                         https://matrixainetwork.medium.com/partnership-with-nuls-fc6337e5ca8b





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September 29, 2021, 01:42:05 PM
 #198

                                                                                      2nd Report of September 2021



                                  


                                                  https://twitter.com/matrixainetwork/status/1443137325811355652?s=28

                                           https://matrixainetwork.medium.com/2nd-report-of-september-2021-990b87330e8

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September 30, 2021, 09:26:11 AM
 #199



                                               This is the latest monthly AMA with CEO Owen Tao where our CTMO Eric Choy
                                   asks questions from the community and where Owen provides updates on the latest developments.


                                                               https://www.youtube.com/watch?v=8kt0hUy73Q0





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October 01, 2021, 07:39:12 AM
 #200

                                                                           Transcript of MATRIX Monthly AMA with CEO Owen Tao




Eric: Good afternoon, my fellow Matrix community members.

Today is the 27th of September and it’s time that we organize our monthly AMA session and as usual we have our CEO Mr. Owen Tao to join this session. So without further ado, let us give a big welcome to our CEO, Owen.

Owen: Hi community, hi Eric. Long time no see.

Eric: We’re used to see via camera because of COVID, so we cannot meet in person. I think this monthly AMA we have two sections.

One is to share the progress according to the roadmap with our community members, and second is to answer some questions from our community.

So, Owen, I’m not sure whether you’re a sports fan or not, but have you watched any sports games recently from the National Games, the Yungdonghui?

Owen: Not, not many, yep.

Eric: And what’s your most favorite one?

Owen: My favorite game is basketball.

Eric: Okay, so you used to be good at that, right, so in Peking campus life?

Owen: Yeah, I have played basketball for over twenty years.

Eric: We cannot tell from your face, okay. You look young, then it’s a so-called twenty years.

Owen: Yeah, I used to get 51 points in one game in my college life, and now every week we keep playing one game with Steve and some other friends together.

Eric: So, Steve? You are referring to Professor Deng, right?

Owen: Yes, Steve is good at basketball.


Eric: Okay. Perhaps we can have a kind of sports competition when the time allows and also when the COVID life is kind of fading out and things like that.

Best wishes to all our community members.

All right, so September is our stage two according to the roadmap and we have the CBD for MANAS and we need to develop something on MANIA and also MANTA.

Would you please enlighten the community, what kind of progress we have achieved so far and what can we offer for the community to test or to feel or to see as a proof or as evidence that we have really delivered what we promised in the roadmap?

Owen: Okay, by the end of September, there will be some great updates in MANAS and MANTA and also MANIA.

For MANAS, the most important update is that at first we added five AI services on that and in the future we will add more and more AI services to this platform and make sure it can be used in every area and for everyone. Also a great update for MANAS is that we have added the API function into this platform. It’s very important for MANAS. At first, the users will not only be able to use the service in MANAS directly. Also the developers can pack our AI services in their apps and pack some of our AI functions into their services. The users can use our services with the third party applications or the protos. Also, the API functions are very important for MANAS, because with the support of the API functions, MANAS can support the large-scale commercial uses. That’s for MANAS.

For MANTA, we really have already finished the last of the development work. I think by the end of the year, we wish MANTA can be launched officially, because with MANTA, the GPU suppliers can get rewards with the MANTA functions. They can support their computing power to the users who need the computing power to support their auto machine learning. They can’t get the rewards without that.

For MANIA, I think it’s very important for Matrix and also for the NFT market, because this is the first time we will introduce the AI models into the NFT market. At Matrix with the MANIA function, you can update your AI models and decentralize the storage and then mint them into NFT. So we can say this is the first time that NFT has the real use available. I’m seeing in the future when MANIA is ready, we will connect MANIA with the Wormhole so then the AI scientists can mint their AI models into NFT to each platform for transactions or for the users to use.

Yeah, that’s all.

Eric: Wow, that’s a lot of progress and that’s very exciting.

Community, just to have a quick summary, for this stage two we have three things.

One is MANAS, second is MANIA and third is MANTA.

For MANAS, basically it’s a platform to have AI applications, and this time we increased the quantity of the AI applications that are trained by us,
because initially we would do that, because we have not many AI scientists to join this platform yet and because we have to launch it.

We have five applications and most important is we have the API functions that are available for all merchants around the world so that they can pick any kind of AI applications from MANAS and they can integrate to their platforms or their services, for example the DeFi, even the traditional e-commerce shops or even education, etc.

So, basically, we have the announcement today inviting the community to join this MANAS test.

Okay, so this was number one.

Number two is we had the MANTA upgrade as well and we will provide some video to showcase the progress, because MANTA is some kind of an algorithm thing, so it’s difficult to demonstrate, so it’s better that we present it in a video format

The third thing is about MANIA, so we are looking to provide a demo for you and then you can upload things to train and then you can generate and you can mint your NFT and those NFTs can be for trading, so this is something interesting for you to test out.

So this is some exciting and very important progress from the project team.

So thanks to Owen and the dev team.

Okay, and then the second thing is, we’re going to answer some questions from the community members.

Okay, so the first question is from Alperen Tonyukuk:

“Will there be a Huobi Global swap?”

Owen: Yes, we are pushing this work, but as you know, the Chinese government has published new policies about cryptocurrencies, especially for the exchanges, so there is big chaos in the Huobi Group right now. So I think that’s why it won’t happen in a short time.
We will continue to push them to finish the swap work as soon as possible.

Eric: So this is something that’s beyond our control, because the cooperation from the Huobi. Now also it requires the so-called political environment to support this, so it makes things even more complicated, but we are looking at getting more exchanges, I mean the top-tier exchanges, like we shared in the previous AMA and that is our target.

Moving on to the second question, that is from Budspencer469.

”The event of Evergrande in China will have any negative impact on Matrix?”

Owen: Till now, we haven’t felt any negative impacts on Matrix. But as we know, Evergrande is a very huge group in China, so we do know how deeply this event will cost to the Chinese economy in the long-term.

So let’s keep our eyes to see what will happen in the next months.

Eric: Yeah, we can see policies coming out from time to time and I mean from the Chinese Mainland. The Chinese kind of got used to such kinds of policies or regulations coming out. But we are looking at such political changes in the Mainland site. And if there’s any impact, it will impact all of the blockchain projects, not just Matrix itself.

The third question is is from amazir07 and is rather simple.

“Are you late on deliveries or will everything be delivered on time?”

Owen: As you know, everything is on schedule, and we will also keep working hard to keep everything on schedule in the future.

Eric: Yeah, just one thing, that we are on schedule, that’s number one and the progress is quite encouraging. as we just shared with you, so that’s stage two, and we will have a video, we will have a test, we have a demo coming up, so just stay tuned.

And then, the fourth question is, recently we published a partnership with Eco Global, and this question is about that and it’s from Chadwin.

“The energy NFTs sounds quite fascinating. What renewable energy sources would this be applied to: wind, solar or geothermal?”

Owen: Okay, that’s an interesting question.

Till now, the NFT, energy NFT in fact, it should be a function of our MANITO platform, because for the industry, we will mint the NFT. At first we will update the machines, take data onto the decentralized storage platform, which is collected by the sensors. Yeah, and after that we can mint them into the NFT. That means if you have NFT, you have the data, so you can use the data. So that’s a very important function of our MANITO. On the other hand, maybe we can find some more use cases for the NFT, such as maybe for the solar industry. Maybe we can mint one.

If you have one solar electrical generator, we can mint that into an NFT, so you can trade it or rent it by NFT exchanges. I think it will give us some more interesting use cases in the near future.

Eric: I see, that’s interesting, so I think there will be more questions about the partnership with Eco Global. So we’re going to organize an AMA section about this partnership anytime, I think next month, so we’ll keep the community updated, just like the AMA with APEX. So just stay tuned and we welcome questions about this partnership.

Due to time, we’re going to have one last question from Faruk.

“Does the Matrix blockchain have any products for DeFi applications?”

Owen: Yes, we’re trying our best to introduce more DeFi products into Matrix.

Maybe in the near future, we will launch a stablecoin platform named APEX. That’s one project which is developed by one team from the Matrix ecosystem and in the future we would like to introduce more and more DeFi applications into our ecosystem and also onto Matrix Mainnet.

Eric: Yes, right, APEX is quite an interesting project that we had in an AMA section earlier this month, so if you wish to know more, you can go back to our Medium or our website for the transcript of that AMA.

So, I think that concludes today’s AMA, Owen.

Thanks for your time



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

FOLLOW MATRIX:

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https://www.youtube.com/channel/UCA8O5qOg0nVyd-L7RaOrmUw
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https://t.me/MatrixMasternodes
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