$XAI Sapience AIFX - Decentralized AI | 11% PoS | PlumeDB,IBTP on Testnet

[skuk]

http://img4.fotos-hochladen.net/uploads/img20150308wasy89bfku7x.jpg

Has someone any idea why the wallet is not starting?

[sologap]

Has someone any idea why the wallet is not starting?

seems your PC power went off , you have to delete all contents of the blockchain folder and keep only wallet.dat and sync again.

[foxkyu]

Has someone any idea why the wallet is not starting?

backup your wallet.dat
and delete all contents on Sapience folder
after that start sapience.exe, close and replace wallet.dat with wallet backup
then open sapience.exe again

[biggeemac]

Yahoo finance?!?!  Impressive.

http://finance.yahoo.com/news/first-cryptocurrency-utilizing-ai-blockchain-024700734.html

[HYPster]

Talked to Joe. Major news tomorrow. XAI will double so buy now or don't talk any shit once it does you trolls.

[Kartaba]

Yahoo finance?!?!  Impressive.

http://finance.yahoo.com/news/first-cryptocurrency-utilizing-ai-blockchain-024700734.html

Great article!

"new era of innovation" 

[CedricQuotient]

I am doing my research on which platform to launch my asset,
and I am wondering how far XAI is with a working asset platform.

See https://bitcointalk.org/index.php?topic=981128.msg10702473#msg10702473

Thx!

Our asset platform is presently being developed.  However, I would surmise that by the time you are more well defined with your offer you would be able to issue it on the Sapience Digital FX Market.    I think you're outline in your post about splitting a % across several different platforms may be a wise strategy, you can tap into existing liquidity plus tap into emerging markets.  And with a few of the things we have coming up you'll probably capture some exposure from XAI outlets as well.

[biggeemac]

Yahoo finance?!?!  Impressive.

http://finance.yahoo.com/news/first-cryptocurrency-utilizing-ai-blockchain-024700734.html

Great article!

"new era of innovation" 

Um, I'm not sure that I agree with that.  While it is cool that its getting exposure on yahoo, the wording sucks as far as putting something out there that the masses can wrap their minds around.  I'm sure the marketing will get better once the PR is addressed.

[thefix]

Yahoo finance?!?!  Impressive.

http://finance.yahoo.com/news/first-cryptocurrency-utilizing-ai-blockchain-024700734.html

Great article!

"new era of innovation" 

Um, I'm not sure that I agree with that.  While it is cool that its getting exposure on yahoo, the wording sucks as far as putting something out there that the masses can wrap their minds around.  I'm sure the marketing will get better once the PR is addressed.

It may not be the best for the masses, but it is a nice reference to help promote this project more. I am sure this will bring more interest from people who can grasp the technology and want to get in while the entry cost is still very low.

[CedricQuotient]

This particular PR was intended, I think, to raise awareness.  I rewrote most of it because what was sent back was mostly just cut-and-pasted from the ANN's.  I was trying to keep it "pro" and targeting to try to catch some interest and maybe some coverage from the larger tech sites.

I was trying to think of a good analogy and the best I could think of is Microsoft (yeah, I know, Microsoft... ), in that the strategy I am working towards is to have the complete end-to-end platform/own the value chain... and by that I mean you can think of our tech stack like the MSDN/TechNet of Microsoft, and the next gen wallet and consumer oriented/mass market stuff as like Windows and the Surface (this is super generalized but I think it gets the idea across).  And so to really fire on all cylinders that means we are going to want to ramp up 2 forms of PR - technical evangelism, and mass marketing/less technical PR's.  I guess the one that just went out maybe falls somewhere in the middle and could have been dumbed down a little.  It's a tricky thing because technical people and dev's have vastly different expectations and perceptions than non-techie folks and if you dumb it down too much then they question whether it's just fluff or not.

Once we drop the end-to-end build, we'll be able to start cultivating technical evangelists - dev folks who start to play with it, realize the cool stuff they can build with it, and start building cool things; and we will have the credibility to stand on and point to.

Then, we have something else coming that is, IMHO, really going to capture some wide general interest and should go a long way to help on the mass appeal end of things and pull in a wider audience.  I'm not ready to disclose what that is yet, but within the next week that will go public.  It is something else that we will be a "1st" with.  I want to get through the initial AI Core drop this week first.  So we hit it hard on the tech end and then have a strong follow through on the adoption end.  More cool toys for everyone to play with soon

[CedricQuotient]

Another thing I'd like to point out is that we have a key competitive advantage over other cryptos in that our solution has a ton of industrial applications across all sorts of vertical markets.  I was talking in IRC earlier about PLC's and process manufacturing, that is just one out of many potential applications.  There is a big market out there of mid-size companies that can't necessarily afford to buy top-shelf proprietary software and don't have the muscle to negotiate volume discount deals with the big vendors.  The same holds true across universities and research organizations - not everyone is well-funded and winning all of the big money grants.  And these folks can't necessarily afford to pay $250k out of their budget to have a custom solution built.  We have a compelling cost-competitive alternative and I'd venture to guess that a lot of those organizations might be willing to adopt something as bleeding edge as a blockchain solution simply because they don't have many if any alternative options, but they are feeling pains that we can solve.  So we have a lot of opportunities to potentially "sell" into, and maybe do some client-joint-development to build some case studies.  We'll just need to train some of you as our integration specialists first

[ELikesCrypto]

Very cool Joe. I am trying to wrap my brain around all of this ...
So if I understand correctly, the consumerization would happen in steps:
- Development of the Sapience network
- Adoption by techies who will start building applications
- Adoption by the non-technical community who will start using the applications.

Still a couple of questions (probably stupid questions again):
- So the Sapience network will consist of nodes, the nodes being local machines. How can you take part in this network if you would want to and what would be the reward exactly (I assume it would be receiving XAI, but how would that work)?
- How will the end user of the network (e.g. the Controller in a small company who wants to use a financial app built by a techie) pay for the service provided? Will they pay in dollars or XAI?



Thanks!

[myagui]

[...] Still a couple of questions (probably stupid questions again):
- So the Sapience network will consist of nodes, the nodes being local machines. How can you take part in this network if you would want to and what would be the reward exactly (I assume it would be receiving XAI, but how would that work)?
- How will the end user of the network (e.g. the Controller in a small company who wants to use a financial app built by a techie) pay for the service provided? Will they pay in dollars or XAI?
Thanks!

I don't think there's such a thing as a 'stupid question'! It's great to see the debate moving towards the technical merits and brainstorming about the potential applications for Sapience/XAI.

Nodes: Nodes are the participating Sapience wallets. Each wallet owner makes the decision to have some of his computing resources on the Sapience/XAI network, and the wallet owner can even set his own fee/charge metrics (or simply use the default values).

Rewards: So while the nodes can settle their target fee/charge metrics, the distributed application owner has the decision of which nodes to hire for any given task. When starting a distributed application, the process is roughly as follows: a) app owner queries nodes for a service contract, b) nodes respond with resource availability & fee metrics, c) app owner picks his choice selection of nodes to hire for the task, accepting the selected service offers.

The native cost for the network operations is Sapience/XAI, but I'm guessing that as the asset market gets released, there might be alternative tokens for subsets of functionality or node groups. This scheme allows for cost effective and redundant distribution of data and computing services over the Sapience/XAI network.

Some of the most interesting use cases, are a result of the particular combination of a deep learning framework (machine learning) along with the peer to peer network. Such services are usually only available through high paying contracts with big data companies.

One important outcome of this operational logic, is that a certain Sapience/XAI demand will get established over time, as Sapience/XAI is used to pay for services and contracts on the network. The demand and valuation should gravitate towards the utility value of the services provided. This is specially interesting as it stands for an actual use case: a meaningful real world application (more correctly, many real world applications) supporting - and supported by - the Sapience/XAI blockchain.

I, XAI
^{and you?}

[biggeemac]

Another thing I'd like to point out is that we have a key competitive advantage over other cryptos in that our solution has a ton of industrial applications across all sorts of vertical markets.  I was talking in IRC earlier about PLC's and process manufacturing, that is just one out of many potential applications.  There is a big market out there of mid-size companies that can't necessarily afford to buy top-shelf proprietary software and don't have the muscle to negotiate volume discount deals with the big vendors.  The same holds true across universities and research organizations - not everyone is well-funded and winning all of the big money grants.  And these folks can't necessarily afford to pay $250k out of their budget to have a custom solution built.  We have a compelling cost-competitive alternative and I'd venture to guess that a lot of those organizations might be willing to adopt something as bleeding edge as a blockchain solution simply because they don't have many if any alternative options, but they are feeling pains that we can solve.  So we have a lot of opportunities to potentially "sell" into, and maybe do some client-joint-development to build some case studies.  We'll just need to train some of you as our integration specialists first

I CANT WAIT !  Yes, this would be me.  I have two factories with two process control networks standing by, and yes, as soon as the platform is ready for us to develop something on, I will be working on this !  Very excited.   

[ELikesCrypto]

Thanks for answering my questions myagui, you've really cleared things up. However one thing is still not quite clear to me. The distributed application owner, is that a developer who develops a distributed application and then 'sells' access to that application to the end user? Or is the end user the distributed application owner? Will their be a UI that is so simple that anyone can build a simple application?

[myagui]

Thanks for answering my questions myagui, you've really cleared things up. However one thing is still not quite clear to me. The distributed application owner, is that a developer who develops a distributed application and then 'sells' access to that application to the end user? Or is the end user the distributed application owner?

All variations are certainly possible. We can have cases where a single individual is both the programmer & consumer, as well as we can have cases were a user hires someone else to code a purpose-built application for them. In the latter scenario, the user might be the application consumer, but there could also be instances where the application consumers are external parties.

I estimate that the asset market will be an important milestone, in that it will enable additional business models, by issuing specific tokens for the use of certain services or applications. In any case, even as right now, one can specifically hire one's own Sapience nodes for a certain application contract, and thus the availability of the respective application is under control. The application developer already has all the necessary tools to set whatever availability boundaries he desires.

Will their be a UI that is so simple that anyone can build a simple application?

I'd have to imagine that such a UI is a possibility, but I'm guessing that it will be a relatively distant target for now. Similar efforts can be observed by navigating the various programming learning platforms that have become popular over the past couple of years (i.e, Code.org). The few UIs today that can really claim "anyone can build a simple application", are extremely limited in terms of what kind of apps can be produced.
I would say that there's definitely steps taken towards making the development process easier, and that's exactly the case of the embedded LUA console. It allows one to quickly check for the interactions between the Sapience network and a code snippet, prior to wide deployment.

I, XAI
^{and you?}

[iGotScammed]

https://i.imgur.com/NaofFJp.jpg

#IXAI

Looks like a scam! You dumb peasants fall for this tricks? I laugh

[SapienceFan]

Looks like a scam! You dumb peasants fall for this tricks? I laugh

Would you be able to explain why it looks like a scam and point out in more detail what part of the project so far would lead you to believe the dev for XAI is not capable of delivering.

[biggeemac]

Yeah, you're exactly right......go buy some balls or something.  Thanks.

[iGotScammed]

https://i.imgur.com/7p1k7P8.jpg

#IXAI

If this not raising the red flags, what does? making me giggle