AI Computing Network Morphware Gets Support From Harmony

Synthetic intelligence and blockchain know-how make for a strong mixture. Morphware, a number one peer-to-peer supplier of mining computing energy for AI functions, enters a strategic partnership with Concord. 

A New Partnership For Morphware

There may be super curiosity in combining the potential of synthetic intelligence and blockchain know-how. Quite than counting on centralized and closed-loop programs, a blockchain may help an AI develop, evolve, and grow to be smarter. Nevertheless, the analysis into synthetic intelligence could be very laptop resource-intensive, with prices rising exponentially each few months. That could be a problematic endeavor that warrants a outstanding answer. 

Morphware provides an answer to this urgent downside. The mission embraces peer-to-peer know-how to deploy AI workloads by way of good contracts. The computing energy used to mine cryptocurrency can be utilized for AI computations, fueling additional synthetic intelligence analysis and improvement. As well as, the Morphware know-how stack runs on the Ethereum blockchain, though that community might be topic to excessive charges.

Morpware has partnered with Harmoney, a third-generation blockchain community, to counter that challenge. Concord has made a reputation for itself in decentralized finance, and the staff is keen to discover different alternatives. Furthermore, Concord Community is EVM-compatible and ultra-scalable, two key facets that make deploying Morphware on this community useful. Because of this, the builders don’t want to change the code to offer the identical service and faucet into the upper effectivity Harmoney can obtain. 

Furthermore, Morphware goals to offer a viable different to the GPU-based mining energy that can quickly cease being helpful to Ethereum. Ethereum will change to Proof-of-Stake, negating the necessity for GPU mining. Tens of millions of units will now not be helpful, forcing customers to seek out different options. Devoting that energy to AI workloads is an answer, as that discipline all the time wants extra computing assets. 

Additional Decentralization Is Essential

Increasing to Harmony additionally ensures Morphware can grow to be extra decentralized. Working throughout a number of blockchains and networks provides extra customers entry to supporting the AI workload and being profitable. Ethereum is the largest GPU mining community in the marketplace at the moment, however listed below are different folks with highly effective GPUs they could not all the time use, like players, content material creators, and so forth. Giving these customers entry to the Morphware answer can profit them and the general AI trade.

Furthermore, all AI workloads are decentralized, requiring good contract know-how to intermediate between consumers and sellers. As the general demand for Morphware’s answer rises, the community must scale. Concord offers that answer and expands Morphware’s checklist of suitable shopper platforms. 

Morphware Founder Kenso Trabing provides:

“We thank Concord for the assist supplied as a part of Undertaking X. Deploying on Concord makes a variety of sense for us as a mission, since we profit drastically from decrease blockchain charges, whereas Concord’s tech and liquidity stack makes it extremely straightforward to deploy our platform over right here.”

Undertaking X is the partnership between Morphware and Concord. The incubation program from Concord was performed throughout ETHDenver 2022 and allowed the Concord staff to buy $200,000 value of Morphware tokens. Moreover, Kenso Trabing organised a workshop on the convention to focus on the facility of machine studying.