Could be interesting. One way to do it would be to have a training set and a hidden test set, and mining a coin means arbitrarily high performance on the test set. In order to keep the test set hidden from miners (otherwise they could just memorize it) they would need to upload their weights to be validated.
The main issue I see is that many of these models are massive. Dozens of gigabytes. You’ll quickly DDOS your validator nodes before getting anything useful.
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Has someone already made a cryptocurrency that requires that miners train an AI to demonstrate proof of work?
Could be interesting. One way to do it would be to have a training set and a hidden test set, and mining a coin means arbitrarily high performance on the test set. In order to keep the test set hidden from miners (otherwise they could just memorize it) they would need to upload their weights to be validated.
The main issue I see is that many of these models are massive. Dozens of gigabytes. You’ll quickly DDOS your validator nodes before getting anything useful.
I kid you not, I read a scheme such a thing a year ago.
But now I cant find the source... video encoding mining seems to have gained more traction :/.
sigh Web4 hype train, here we come....
We're not done with Web3