{"id":119768,"date":"2023-07-08T19:33:25","date_gmt":"2023-07-08T19:33:25","guid":{"rendered":"https:\/\/dripp.zone\/news\/ai-can-now-move-bitcoin-with-new-lightning-labs-tools-crypto-news\/"},"modified":"2023-07-08T19:33:27","modified_gmt":"2023-07-08T19:33:27","slug":"ai-can-now-move-bitcoin-with-new-lightning-labs-tools-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ai-can-now-move-bitcoin-with-new-lightning-labs-tools-crypto-news\/","title":{"rendered":"AI Can Now Move Bitcoin With New Lightning Labs Tools\n – Crypto News"},"content":{"rendered":"
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artificial intelligence (<\/span>AI<\/span><\/a>) continues its unassailable conquest of the internet, adding Bitcoin to the long list of things it can manipulate. <\/span><\/p>\n

Lightning Labs<\/span><\/a>one of the main companies working on the Bitcoin-based Lightning Network, <\/span>declared<\/span><\/a> a new set of developer tools that can integrate Bitcoin with AI applications and Large Language Models (LLMs) like <\/span>Chat GPT<\/span><\/a>,<\/span><\/p>\n

According to the two engineers behind these tools, <\/span>Olaoluwa Osuntokun<\/span><\/a> and <\/span>Michael Levine<\/span><\/a>the main concern with LLMs was that they don’t have access to an internet-native payment mechanism. <\/span><\/p>\n

\u201cIn 2023, the bots pay you!\u201d <\/span>tweeted<\/span><\/a> To install Osuntokun. <\/span><\/p>\n

built on the <\/span>L402<\/span><\/a> protocol, these AI applications will now be able to hold, send, and receive Bitcoin payments\u2013both on-chain and on the <\/span>Lightning Network<\/span><\/a>, <\/span><\/p>\n

\u201cThe expense of training GPUs [for AI] requires costs that developers look to recoup via the low hanging fruit of credit cards,\u201d they wrote<\/a>adding that this results in “higher than necessary costs to the end user to incorporate chargeback and fraud fees.”<\/span><\/p>\n

Furthermore, closed-source artificial programming interfaces (APIs) often have opaque terms of use, the added.<\/span><\/p>\n

The <\/span>L402-enabled tools<\/span><\/a> now allows users to sell and pay for API queries, monetizing access to a wide breadth of software applications. <\/span><\/p>\n

The engineers at Lightning Labs <\/span>wrote<\/span><\/a> earlier this week that the L402 standard would give Bitcoin and the Lightning Network access to the popular Langchain<\/a> AI software library, <\/span>broadening its use-cases and building more accessible AI infrastructure. <\/span><\/p>\n

Artificial Intelligence has taken the world by storm over the past months\u2013eclipsing the investment frenzy that was <\/span>previously directed<\/span><\/a> at crypto. According to Arthur Hayes, former CEO of BitMex, \u201c<\/span>AI will choose Bitcoin as its native currency<\/span><\/a>, <\/span><\/p>\n

With the<\/span> L402 protocol<\/span><\/a> and<\/span> LangChainBitcoin<\/span><\/a>we’re able to ensure the open models can be accessed using an open payment system,” wrote Osuntokun and Levin, concluding that “in the end, open source will win.”<\/span><\/p>\n

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