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The Rollup
Purpose-Built AI Chains with Anish Agnihotri and Saneel Seerni of Ritual
Feb 10, 2025
Anish Agnihotri and Saneel Seerni, co-founders of Ritual, discuss the groundbreaking fusion of AI and crypto. They unveil how purpose-built chains allow smart contracts to adapt in real-time, fundamentally changing automated trading strategies. The duo dives into their innovative consensus mechanism, Symfony, which enhances computational efficiency. They also address ethical considerations in developing decentralized AI, security challenges, and the vision for collaborative AI applications in DeFi. Tune in for an insightful exploration of DeFAI's potential!
01:11:46
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Quick takeaways
- The convergence of AI and crypto through purpose-built chains like Ritual enables real-time adaptable smart contracts for automated trading and DeFi management.
- Verifiable inference enhances AI model security in decentralized applications by providing transparent and auditable proofs of input-output authenticity.
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The Role of Decentralization in Bitcoin
Bitcoin's decentralization is highlighted as a crucial element that allows it to operate without a kill switch or backdoor, ensuring its resilience against censorship or control. The discussion emphasizes that if such safety mechanisms existed, Bitcoin's fundamental appeal and utility would be diminished. The speaker argues that Bitcoin has historically contributed positively to various aspects of finance and technology, demonstrating how decentralized systems can empower users and foster trust. This perspective reinforces the value of decentralized frameworks in promoting innovation and ethical use in the cryptocurrency space.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode