Useful Proof of Work (uPoW) - Blockchain’s Latest Way to Train AI and Secure Networks
Useful Proof of Work (uPoW): Merging Blockchain and AI Blockchain and AI are two big technologies, but both come with big problems. Blockchain networks need a lot of energy to secure the system, AI needs powerful computers to train machine learning models. Useful Proof of Work (uPoW) is a new system that solves these problems by using the energy from blockchain mining to train AI models. This secures the blockchain and allows AI to train faster, using the same energy for both. Consensus in Blockchain and AI Blockchain networks need to agree on which transactions are valid. This is called consensus. Different consensus methods have been developed, each with its own strengths. Traditional Proof of Work (PoW) is one of the most well-known, used by Bitcoin. It requires computers (miners) to solve complex puzzles to secure the network. But PoW has been criticized for wasting a lot of energy for no other benefit. AI needs a lot of computing power to train machine learning models which can be expensive. The idea behind uPoW is to use the computational resources from blockchain mining to help with AI training, turn the energy used for mining into something valuable for both.
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