Skip to main content

The Ripple CTO has debunked ChatGPT's XRP conspiracy hypothesis.

The Ripple CTO has debunked ChatGPT's XRP conspiracy hypothesis.

Ripple's CTO has mocked an AI chatbot that claims Ripple can secretly control its blockchain via an unreported backdoor in the network's code.

Ripple's chief technology officer has responded to a conspiracy theory fabricated by the Artificial Intelligence (AI) tool ChatGPT, which claims Ripple secretly controls the XRP Ledger (XRPL).

According to a December 3 Twitter thread by user Stefan Huber, when asked a series of questions about the decentralization of Ripple's XRP Ledger, the ChatGPT bot suggested that while people could participate in blockchain governance, Ripple has "ultimate control" over XRPL.

When asked how this is feasible without participant consensus and publicly-available code, the AI claimed that Ripple may have "abilities that are not completely exposed in the public source code."

At one point, the AI stated that "the ultimate decision-making power" for XRPL "remains with Ripple Labs" and that the company could make changes "even if those changes do not have the support of the network's supermajority."

It also compared the XRPL to Bitcoin, claiming that the latter was "really decentralized."

Ripple CTO David Schwartz, on the other hand, has questioned the bot's logic, claiming that with that logic, Ripple could secretly control the Bitcoin network because neither can be determined from the code.

In the interaction, the bot was also shown to contradict itself, stating that the main reason for using "a distributed ledger like the [XRPL] is to enable secure and efficient transactions without the need for a central authority," which contradicts its statement that the XRPL is managed centrally..net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/

ChatGPT is an AI research company OpenAI chatbot platform that is supposed to communicate "in a conversational style" and answer inquiries about nearly anything a user asks. It can even perform activities like designing and testing smart contracts.

According to OpenAI, the AI was trained on "vast amounts of data from the internet written by humans, including conversations," and as a result, some of the bot's responses may be "inaccurate, untruthful, and otherwise misleading at times."

OpenAI CEO Sam Altman described the release on November 30 as "an early demo" and "very much a research release." According to Altman's December 5 tweet, the tool has already attracted over one million users.

In a Dec. 4 tweet, Ethereum founder Vitalik Buterin also commented on the AI chatbot, saying that the concept that AI "would be free from human prejudices has arguably died the hardest."

Comments

Popular posts from this blog

Traders should approach their activity as a business.

Traders need the same self-control as any other successful entrepreneur. The very first thing you need to do is create a trading plan on paper. You should keep your own records so that you may evaluate your broker's statements independently. A straightforward Excel tally sheet detailing daily, weekly, and monthly totals would do the trick. Include gross profit/loss, a number of trades, commission expenses, ECN fees, other costs, net profit/loss, equity (verify that it matches brokerage reports), and any pertinent data. Use this data to your advantage and become a better trader. Look for trends and the connection between revenue and expenditures. Included in your trading plan should be a breakdown of the many trades you intend to make during the day or week. Traders that are likely to succeed do not just look at their charts and make a move. Before moving forward with an attack, they considered every possible outcome and made preparations accordingly. The first and most crucial step

The Dollar Rises to a New 5-Week High Ahead of Jackson Hole on the Fed's Hawkish Tack

After another Federal Reserve member signaled the probability of sustained aggressive monetary tightening on Monday, the U.S. dollar index jumped to a new five-week high before the Fed's critical Jackson Hole symposium this week. After Russia said that it might cut off European gas supplies through the Nord Stream 1 pipeline for three days at the end of this month, worsening the region's energy crisis, the euro dropped to its lowest level in five weeks. The Chinese central bank slashed key lending rates, the latest in a series of monetary easing measures meant to shore up an economy suffering from COVID-19 crackdowns and a property crisis, which caused the yuan to fall to its lowest level in over two years. Last up 0.074% at 108.23, the U.S. dollar index rose to 108.26 for the first time since July 15 versus a basket of six rival currencies that includes the euro. This comes after a week in which the market rose 2.33 percent, its largest weekly rise since April 2020 and against

A Bitcoin charity event has been announced by Hal Finney's wife.

She stated that the purpose of the event is to raise money in order to provide assistance to people who have been affected by ALS. Fran Finney, the wife of the pioneer in the field of cryptography Hal Finney, has announced a charitable event that will benefit patients suffering from amyotrophic lateral sclerosis (ALS). Finney, who was discussing the event on Twitter, urged users of Bitcoin to participate in a half marathon and share their experiences on social media between January 1 and January 10, 2023 in order to contribute to the fundraising effort to combat the disease. Fran Finney, using her husband Hal Finney's official Twitter account, was the one who made the announcement. She had previously reactivated the account in order to save it from being deleted during a purge that Twitter performs on inactive accounts. The event, which is being held in conjunction with the Golden West Chapter of the ALS Association, was given the moniker "Running Bitcoin" in honor of the