DeFi has a lot of room to Disintermediate TradFi

Written by ishanpandey | Published 2022/02/24
Tech Story Tags: fintech | smart-contracts | machine-learning | defi | tradfi-vs-defi | web3 | solana | proof-of-stake

TLDRMorphware is a decentralized approach to deep learning. The main problem that Morphware aims to address is the computational complexity required to train a machine learning algorithm doubles approximately every 3.4 months. The program is currently written, worker-nodes bid on the right to run machine learning workloads that data scientists post to the network; in a Vickrey auction process. The second iteration of the protocol will leverage event streams so that multiple machines can work together with one another on a single workload. The most interesting thing about Solana is the RAM requirements for the miners.via the TL;DR App

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Written by ishanpandey | Building and Covering the latest events, insights and views in the AI and Web3 ecosystem.
Published by HackerNoon on 2022/02/24