5 May | Other

Founder of Cardano announces launch of AI-powered testnet

Founder of Cardano announces launch of AI-powered testnet

Founder of Cardano Charles Hoskinson announced the launch of a testnet that will deploy AI aimed at boosting the blockchain’s speed and efficiency. The initiative will use thousands of AI agents that mimic real user activity.

Hoskinson explains that AI agents could help the developers spot the system’s potential vulnerabilities before the Ouroboros Leios update is fully implemented. The update is to boost the network throughput while maintaining decentralization, one of Cardano's key features. Stress-testing will allow the developers to remove potential weaknesses and optimize network performance.

CoinMarketCap analysts believe successful implementation of the project could drive ADA up to $1.2 by mid-2025.

It is worth mentioning that currently the price of ADA is $0.68, showing a moderate gain of 2.4% during the last 24 hours. At the same time, the trading volume reaches $625 million, indicating investor interest in the project.

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