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Coinbase Executive Unveils ChatGPT’s Crypto Predictions for 2035

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Coinbase’s Head of Business Operations, Conor Grogan, unveiled a series of cryptocurrency predictions made by artificial intelligence tool ChatGPT on April 30, claiming to have discovered a “jailbreak”.

Grogan maintained that ChatGPT can calculate the probability of crypto price scenarios. On April 30, Grogan shared a screenshot showing ChatGPT’s predictions, which include a 15% chance of Bitcoin becoming irrelevant and witnessing a 99.99% price drop by 2035.

Coinbase Executive Unveils ChatGPT's inner workings.

However, the AI tool assigned a 20% probability to Ethereum (ETH) becoming irrelevant with near-zero price levels by 2035. Litecoin and Dogecoin were assigned probabilities of 35% and 45% respectively, for their prices to drop to near zero. 

Grogan concluded that ChatGPT is generally a fan of Bitcoin but remains more skeptical about altcoins.

Meanwhile, Grogan reiterated the fact that he repeatedly tested the process over 100 times on GPT-3.5 and GPT-4 with wiped memory, resulting in very consistent numbers and the same results.

It should be noted that this is not Grogan’s first time experimenting with crypto-related issues using ChatGPT. 

Grogan’s Earlier Experiment with ChatGPT

Earlier on March 15, Conor Grogan demonstrated how GPT-4, the latest version of ChatGPT, could identify security vulnerabilities in Ethereum smart contracts and provide outlines for exploiting faulty contracts.

He further stated that OpenAI, the team behind ChatGPT, has conducted studies showing that GPT-4 can pass high school tests and law school exams with scores in the 90th percentile. 

Amid the increasing adoption of the artificial intelligence tool, some countries have imposed an outright ban on ChatGPT. For instance, the Italian authorities have imposed a ban on the AI due to privacy concerns. 

More than any other time, the benefits of the AI tool should be applied in addressing crypto hacks and scams such as security measures, rigorous auditing, and a proactive approach to surmounting vulnerabilities in the crypto space

This will likely restore sanity and confidence in the cryptocurrency space in general.

The post Coinbase Executive Unveils ChatGPT’s Crypto Predictions for 2035 appeared first on The Cryptocurrency Post.

Sky is a seasoned cryptocurrency expert with a passion for blockchain technology and digital finance. With years of experience in the crypto industry, he has authored insightful articles on market trends, emerging technologies, and investment strategies. His work has been featured in leading crypto publications, helping both beginners and seasoned investors navigate the complex world of digital assets. Sky is dedicated to providing readers with accurate, up-to-date information to make informed decisions in the rapidly evolving crypto space.

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SniperX Revolutionizes Memecoin Trading with Direct Integration on X

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TL;DR

  • SniperX enables trading memecoins directly from the X timeline, eliminating the need for external platforms.
  • It offers real-time analysis with one-second candlestick charts, live trading volumes, and instant price updates.
  • It combines social trends with market tools and a referral system to enhance user experience.

SniperX, an innovative memecoin trading bot, has recently been launched for X users. This new tool aims to revolutionize how traders interact with the market, enabling transactions directly from the social feed without leaving the platform. With the launch of SniperX, users can buy memecoins more quickly and easily, using just the token’s ticker symbol or contract address (CA).

The main advantage of SniperX is its seamless integration with the X user experience. Now, users can trade while browsing their timelines without needing to access external trading platforms. This approach simplifies the process, removing intermediate steps and making memecoin trading more accessible to anyone familiar with social media.

One of SniperX’s most important features is its ability to provide advanced real-time analysis tools. Users can access candlestick charts with one-second intervals, live trading volumes, and up-to-date price data. This valuable information allows traders to make quick and accurate decisions, staying ahead of market movements and maximizing investment opportunities.

SniperX: The Attention Economy

What truly sets SniperX apart from other trading platforms is its ability to merge social trends with traditional market analysis tools. Users can identify which tokens influencers are promoting and which topics are generating the most buzz on the network. Influencer rankings show who is driving conversations, providing a unique advantage in spotting future memecoin stars.

sniperx trading bot

Additionally, SniperX incorporates a referral reward system, allowing users to earn a commission every time their friends make trades using the bot. This additional monetization strategy serves as a strong incentive to encourage the adoption of the tool.

The bot not only offers a faster and more efficient way to operate in the memecoin market but also integrates the power of social media and the trends of the “attention economy,” creating a new approach to market trading

The post SniperX Revolutionizes Memecoin Trading with Direct Integration on X appeared first on The Cryptocurrency Post.

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StarkWare’s Million-Dollar Vision: Scaling Bitcoin with Zero-Knowledge Technology

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TL;DR

  • StarkWare has announced an initiative to scale Bitcoin and Ethereum using zero-knowledge (ZK) technology, backed by a $1 million research fund. The initiative aligns with Satoshi Nakamoto’s vision of enabling everyday micropayments.
  • The Bitcoin community is considering a technical proposal known as OP_CAT. If approved, it could enable potential STARK scaling on the Bitcoin blockchain. StarkWare supports OP_CAT and describes it as “the safest path for Bitcoin to scale.”
  • StarkWare recently introduced a new scaling framework, ZKThreads, which could prevent trapped funds and enhance the scalability of decentralized applications.

StarkWare, a leading blockchain technology company, has announced a bold initiative to bring Bitcoin to the masses. Backed by a $1 million research fund, the company aims to use zero-knowledge (ZK) technology to scale Bitcoin and Ethereum simultaneously.

The initiative is centered around Scalable Transparent Argument of Knowledge (STARK) cryptography, a form of ZK technology. StarkWare’s announcement aligns with Satoshi Nakamoto’s vision of enabling everyday micropayments and creating a scalable solution to support global Bitcoin transactions.

StarkNet, a recognized permissionless and decentralized rollup for Ethereum, will serve as the cornerstone for the scaling solution of Bitcoin and Ethereum. Rollups function by consolidating hundreds of thousands of transactions off-chain, and then validating them on-chain at a significantly reduced cost.

StarkWare CEO and co-inventor of cheat-proof ZK cryptography, Eli Ben-Sasson, stated in a press release, “Bitcoin today is mighty, but still a fraction of what it can be.”

Boasting a valuation of $8 billion from its latest funding round, StarkNet declared that it initiated trials of zero-knowledge proofs on Bitcoin back in March. This followed their pledge to release their technology under an open-source license.

StarkWare’s Million-Dollar Vision: Scaling Bitcoin with Zero-Knowledge Technology

The Potential of OP_CAT

The Bitcoin community is currently considering a technical proposal known as OP_CAT. If approved, it could pave the way for potential STARK scaling on the BTC blockchain. Ben-Sasson expressed StarkWare’s support for OP_CAT, describing the OP_CAT Bitcoin soft fork as “the safest path for Bitcoin to scale.”

Introducing ZKThreads

This announcement follows StarkWare’s recent introduction of a new scaling framework, ZKThreads. Louis Guthmann, head of product/market strategy at StarkWare, believes that the framework can prevent trapped funds and enhance the scalability of decentralized applications, potentially preventing a recurrence of incidents like the FTX-Alameda collapse.

StarkWare’s ambitious plans demonstrate the potential of ZK technology to unlock and benefit Bitcoin and the broader blockchain community. As the company seeks to promote research into OP_CAT, the future of Bitcoin could be on the brink of a significant transformation.

The post StarkWare’s Million-Dollar Vision: Scaling Bitcoin with Zero-Knowledge Technology appeared first on The Cryptocurrency Post.

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New Features and Integration: Katana DEX Enhances User Experience on Ronin

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TL;DR

  1. Integration and Simplified User Interface: Katana DEX, Ronin’s decentralized exchange, has been integrated into Ronin Apps, centralizing various services on app.roninchain.com. This integration simplifies the user interface.
  2. Wrapped RON (wRON): Users can now wrap RON into Wrapped RON (wRON) directly from the Katana DEX and the Ronin Wallet. This update simplifies the wrapping process, enhancing security and convenience.
  3. Innovation Zone and Expansion: Katana plans to introduce the Innovation Zone, providing a safer space for users to access newer, more volatile tokens and opportunities for third-party builders to launch new tokens. Since its launch in 2021, Katana has supported liquidity for various game tokens.

Ronin’s decentralized exchange, Katana, has introduced significant updates to improve user experience and expand functionality. The platform, which allows users to swap, pool, and farm tokens, has now been integrated into Ronin Apps, centralizing various services on app.roninchain.com.

Simplified User Interface: The integration brings a simplified user interface, making it easier for new users to navigate the ecosystem. All functionalities, including swapping, pooling, farming, bridging, and staking, are now accessible from one location. This update eliminates the need to use separate platforms for different actions, streamlining the process for users.

Wrapped RON (wRON): Another key update is the ability to wrap RON into Wrapped RON (wRON) directly from the Katana DEX and the Ronin Wallet. wRON is essential for making offers on Mavis Market and participating in Ronin ERC20 token launches. The update simplifies the wrapping process, enhancing security and convenience.

The Innovative Features that Will Proppled Katana DEX to the Future

New Features and Integration: Katana DEX Enhances User Experience on Ronin

Legacy Website Redirection: The legacy Katana website will soon redirect users to app.roninchain.com, with the transition expected to be completed by May 7th, 2024. This change will unify the user experience across mobile and desktop browsers.

Innovation Zone: Looking ahead, Katana plans to introduce the Innovation Zone before the end of summer. This new feature will provide a safer space for users to access newer, more volatile tokens. It will also offer opportunities for third-party builders to launch new tokens and for users to create new liquidity pools.

Growth and Expansion: Since its launch in 2021, Katana has supported liquidity for various game tokens, including Pixels, Apeiron, and Play & Kollect. The integration with Ronin Apps is a strategic move to simplify user interactions and lay the foundation for further growth.

The updates to Katana DEX reflect Ronin’s commitment to enhancing user experience and fostering innovation within its network. As the platform continues to evolve, it promises to bring exciting new opportunities for users and developers alike.

The post New Features and Integration: Katana DEX Enhances User Experience on Ronin appeared first on The Cryptocurrency Post.

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