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Why have AI-related digital currencies grown so much?

Artificial intelligence-related cryptocurrencies have risen significantly in the last 24 hours. The original cryptocurrencies of the SingularityNET and Worldcoin networks achieved an increase of more than 10%.

The increase comes in light of the buzz generated by OpenAI's launch last Friday of its "Sora" tool, which converts text into video.

Ethereum co-founder Vitalik Buterin then said that artificial intelligence technology could help the blockchain network mitigate the “biggest technical risk” it faces.

And a rose AGIX coin priceThe native currency of the SingularityNET platform, a decentralized market for artificial intelligence services, has risen by more than 11% over the past day, reaching $0.52.

It also grew WLD coin price Worldcoin is up more than 28% in the last 24 hours. Its price reached $7.51, according to the page BeIncrypto prices.

As written VLD coin Today its all-time high is $7.95. Worldcoin's market capitalization briefly exceeded $1 billion.

It is worth noting that Worldcoin is supported by Tools of Humanity. Co-founder and leader is Sam Altman, who is also the CEO of OpenAI.

Great optimism about the future of artificial intelligence

Other major cryptocurrencies are related to artificial intelligence. like FET coinThe network's native currency has risen more than 5% in the last 24 hours. focuses on automating trading tasks. Especially in the field of data processing and trading using artificial intelligence and machine learning.

Speaking about the recent rise in prices of AI coins, CEO and founder Humayan Sheikh said he expects a significant increase in the global use of AI. What affects the blockchain industry.

“In particular, the decentralized architecture of blockchain technology fits perfectly with artificial intelligence applications, paving the way for widespread adoption of blockchain, which until now has been largely limited to financial applications,” Al-Sheikh said.

The founder of noted that the complexity of Web3 user interfaces is one of the main factors contributing to the slow adoption of blockchain applications into mass use.

Al Sheikh added: "In response, artificial intelligence is bringing powerful automation capabilities to this area. This is driving innovation and opening the door to the development of various applications that can be built on top of blockchain."

The role of AI in promoting Ethereum

In accordance with Vitalik Buterin, artificial intelligence technology can help blockchain developers identify errors and check code.

Buterin explained: “At the moment, probably the biggest technical risk for Ethereum is bugs in the code, and anything that could significantly change the game in this aspect would be amazing.”

Applications of artificial intelligence in the field of cryptocurrencies:

Buterin's comments follow his recent research into the synergies between artificial intelligence and cryptocurrencies, detailed in a January 30 blog post.

Buterin also identified several potential applications of artificial intelligence in the cryptocurrency space.

Buterin noted that the introduction of artificial intelligence could revolutionize cryptocurrency systems. Especially in scenarios where individual participants are replaced by AI objects, allowing for greater efficiency at the most subtle levels.

Warnings about the dangers of artificial intelligence integration:

While Buterin acknowledged the potential for artificial intelligence to improve security, he also urged caution, especially in critical, high-risk situations.

Daniel "Hacks" Steinberg of cURL Power It also highlights potential challenges, especially with regard to detecting software bugs and security breaches using artificial intelligence.

Daniel states: "A better safety and security report (generated by artificial intelligence) can prevent a very serious bug from being fixed. Because the security problem always takes precedence over other bugs. If the report is invalid, we will not improve from a security point of view." We are wasting time on fixing bugs or developing a new feature.”

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