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Zoom Reverses Course on Contemplated Use of Customer Content … – JD Supra

Zooms recent reversal on changes to its terms of service illustrates both data security and privacy minefields particular to the growth of generative AI.

Previously, the terms of service of the popular videoconferencing technology stated that it would treat users non-public information as confidential. On March 31, Zoom quietly amended those terms, including by giving itself the right to preserve, process, and disclose Customer Content for a range of purposes, including machine learning and artificial intelligence. Customer Content included any data or materials originating from one of Zooms users. The amendments became subject to widespread public scrutiny after being picked up by a technology blog. A few days later, Zoom further amended its terms of service, including a new specification that Zoom does not use any of your audio, video, chat, screen sharing, attachments or other communications-like Customer Content (such as poll results, whiteboard and reactions) to train Zoom or third-party artificial intelligence models.

Zoom is not the only popular tool to have created concerns due to its terms of service referencing AI. Microsoft is reportedly also planning changes to its terms of use to permit it to process certain user data to train AI technologies, while Amazon Web Services already employs user content, though not personal data, for its machine-learning algorithms. And ChatGPT, with its minimal privacy policy, has been banned internally by some companies, including major banks and tech giants. Those companies may be concerned that employees who use ChatGPT could inadvertently divulge sensitive information, such as customer data or proprietary code, which the technology collects and treats as training data by default.

These instances reflect what may be a growing trend of businesses looking to pull ahead in the generative AI revolution, a pattern that continues to grab headlines. Generative AI is often able to create new digital content using complex computer models trained on vast amounts of data sourced from users. Businesses and developers are, no doubt, eager to explore possible applications of the new technology, which requires obtaining data, potentially from their customer base, and permission from that base to use the data. That permission is commonly obtained from the terms of service agreed to by users, which is why some companies are seeking to amend those terms.

But the amendments also raise familiar questions for businesses trying to protect sensitive user information while achieving mission-critical objectives. Businesses may not have a reasonable expectation of privacy over information provided to third-party technologies with less rigorous terms of service, which could matter if regulatorsor in some cases, consumerscome knocking. Those businesses will need to carefully vet new technologies, their terms of use, and any other privacy policies prior to authorizing use of those technologies by employees to prevent inadvertent collection or use of private or otherwise confidential information. They should also monitor changes in the terms of use of existing technologies to ensure that they are not surrendering important privacy protections through those changes.

We will continue to monitor and report on the data security implications of generative AI as they develop.

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Walking the artificial intelligence and national security tightrope … – The Strategist

Artificial intelligence (AI) presents Australias security as many challenges as it does opportunities. While it could create mass-produced malware, lethal autonomous weapons systems, or engineered pathogens, AI solutions could also prove the counter to these threats. Regulating AI to maximise Australias national security capabilities and minimise the risks presented to them will require focus, caution and intent.

One of Australias first major public forays into AI regulation is the Department of Industry, Science and Resources (DISR)s recently released discussion paper on responsibly supporting AI. The paper notes AIs numerous positive use cases if its adopted responsiblyincluding improvements in the medical imagery, engineering, and services sectorsbut also recognises its enormous risks, such as the spread of disinformation and harms of AI-enabled cyberbullying.

While national security is beyond the scope of DISRs paper, any general regulation of AI would affect its use in national security contexts. National security is a battleground comprised of multiple political, economic, social and strategic fronts and any whole-of-government approach to regulating AI must recognise this.

Specific opportunities for AI in national security include enhanced electronic warfare, cyber offence and defence, as well as improvements in defence logistics. One risk is that Australias adversaries will possess these same capabilities, and another is that AI could be misused or perform unreliably in life or death national security situations. Inaccurate AI-generated intelligence, for instance, could undermine Australias ability to deliver effective and timely interventions, with few systems of accountability currently in place for when AI contributes to mistakes.

Australias adversaries will not let us take our time pontificating, however. Indeed, ASPIs Critical Technologies Tracker has identified Chinas primacy in several key AI technologies, including machine learning and data analyticsthe bedrock of modern and emerging AI systems. Ensuring that AI technologies are auditable, for instance, may come at strategic disadvantage. Many so-called glass box models, though capable of tracing the sequencing of their decision-making algorithms, are often inefficient compared to black box options with inscrutable inner workings. The race for AI supremacy will continue apace regardless of how Australia regulates it, and those actors less burdened by ethical considerations could gain a lead over their competitors.

Equally though, fears of Chinas technological superiority should not lead to cutting corners and blind acceleration. This would exponentially increase risk the likelihood of incurring AI-induced disasters over time. It could also trigger an AI arms race, adding to global strategic tension.

Regulation should therefore adequately safeguard AI whilst not hampering our ability to employ it for our national security.

This will be tough and may overlap or contradict other regulatory efforts around the world. While their behaviour often raises eyebrows, big American tech companies hold over most major advances in AI is at the core of strategic relationships such as AUKUS. If governments trust bust, fragment or restrict these companies, they must also account for how a more diffuse market could contend with Chinas command economy.

As with many complex national security challenges, walking this tightrope will take a concerted effort from government, industry, academia, civil society and the broader public. AI technologies can be managed, implemented and used safely, efficiently and securely if regulators find a balance that is neither sluggish adoption nor rash acceleration. If they pull it off, it would be the circus act of the century.

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Artificial intelligence is coming for elections, and no one can predict … – International Journalists’ Network

Its undeniable that AI will be used to produce disinformation ahead of upcoming elections around the world. Whats unknown is what impact this AI-generated disinformation will have. Among other concerns, will candidates and their teams be transparent with voters about using AI?

Our team at Factchequeado, for example, recently debunked a campaign video that used AI-generated images, produced by the campaign team of Ron DeSantis, the Florida governor running for president in the U.S. The video shows a collage of six images of former president Donald Trump against whom DeSantis is competing for the Republican nomination with former National Institute of Allergy and Infectious Diseases Director Anthony Fauci. Three of the images were generated with AI; they show Trump hugging and kissing Fauci, an unpopular figure among Republican voters.

The video does not make clear to voters that AI was used for these images, which are mixed in with other authentic visuals.

Do we all agree that this is deceiving to the public? Would anyone argue otherwise?

In April 2023, the Republican party (GOP) used AI to create a video attacking President Joe Biden after he announced he would seek re-election. In this case, the GOP account included a written clarification that the content had been created with AI.

In contrast, the DeSantis campaign video lacked transparency. Nowhere does it warn viewers that AI was used to create some of the images in the video. Our team at Factchequeado was unable to determine what AI software was used to create the images.

In this article we published at Factchequeado, we explain how you can determine if an image was created with AI. In general, its helpful to look for the source of the image in question and find out if it was published previously. Its also important to pay special attention to small details, for instance analyzing a persons hands or eyes, in search of imperfections or other traces of AI.

Automatic detection tools can also be used to determine if an image was created using AI. However, like many tools, they arent perfect and theres room for error.

It's not new knowledge that the formats used to spread disinformation are dynamic, and that disinformers evolve and improve their techniques more quickly than those who counteract them. This has happened in all elections in recent years: we have seen manipulated photos, slowed-down videos, cheapfakes with manipulated images (called this because deepfakes were more expensive in the past, and werent needed to create these images), and falsified WhatsApp audios.

Election after election, disinformers surprise journalists, community members and election officials with novel techniques. The best case scenario, which still isnt ideal, is to prepare people to respond to disinformation using methods that were effective during previous election cycles.

More than a year ahead of the 2024 U.S. presidential elections, experts are warning about the ways in which AI could threaten or undermine their legitimacy. Some have also offered recommendations about how to protect elections.

The Brennan Center for Justice published an analysis titled, How AI Puts Elections at Risk And the Needed Safeguards in which Mekela Panditharatne, a disinformation expert at the Brennan Center, and Noah Giansiracusa, associate professor of mathematics and data science at Bentley University, describe the dangers posed by AI-generated election-related disinformation.

They call on the federal government, AI developers, social media companies and other agencies to step up their efforts to protect democracy.

They suggest the following actions be taken:

If you are a reporter, editor or owner of a media outlet that serves Latinos in the U.S., contact Factchequeado and join our community.

Main image courtesy of Factchequeado.

This article was originally published by IJNet in Spanish. It was translated to English by journalist Natalie Van Hoozer.

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Artificial intelligence and the jobs most at risk in Australia – Daily Mail

By Stephen Johnson, Economics Reporter For Daily Mail Australia 23:51 20 Sep 2023, updated 00:31 21 Sep 2023

The founder of a computer app that uses AIto teach maths to children fears computer programmers are among many workers under threat from artificial intelligence.

Large language models that can simultaneously process information and give human-like responses are threatening to upend the labour market, even outdoing the changes unleashed by the internet during the 1990s.

Mohamad Jebara, the co-founder of online learning platform Mathspace, said even entry-level IT coding jobs could go as AI became more advanced.

'AI programs are able to code, which could remove entry level computer programming jobs,' he told Daily Mail Australia.

Mr Jebara, a former financial markets derivatives trader turned tech entrepreneur, said entry-level legal jobs, often done by university law students, could also be replaced by AI.

'Document review and legal research can be replaced by AI, as well as contract reviews and preparing legal documents,' he said.

New-generation artificial intelligence has the potential to replace white-collar workers from highly paid doctors and management consultants to home tutors, experts say.

Overseas backpackers on farms could also be replaced as AI enables robots to plant seeds and harvest crops.

'AI can manage farms more efficiently, using drones and robots for tasks like planting and harvesting,' Mr Jebara said.

AI could also replace customer service jobs, including those who take calls.

'Many companies are already improving their online communication with customers through AI powered chat,' Mr Jebara said.

AI could also lead to driverless vehicles, which would negate the need for bus or taxi drivers.

'The development of autonomous vehicles will remove the need for drivers of vehicles like trains, buses, trucks and taxis, even drones and other air transport vehicles,' Mr Jebara said.

Online banking has already led to banks closing branches, from the city centre to regional areas.

But Mr Jebara said AI would accelerate that.

'Online banking and automation are reducing the need for physical bank branches and staff,' he said.

Manufacturing jobs are also regarded as being under threat as AI led to even more automation on the production line.

'Especially those involved in repetitive tasks will likely be replaced by machines,' he said.

Mathspace uses OpenAI's GPT-4 to provide interactive online lessons for children.

While it won't replace the classroom teacher, it could replace the tutor if enough kids benefit from a chatbot puppy called Milo who can help them solve equations and know how advanced they are.

'When students have follow-up questions with Milo, their engagement increases,' Mr Jebara said.

'It's no longer a one-sided interaction, and it will continue to improve to be more conversational.

'While AI can't single-handedly resolve the teacher shortage crisis or ever replace teachers, Mathspace serves as a vital tool, bridging the gap created by the dwindling numbers of maths-trained educators, and enhancing their impact in the classroom.'

Mathspace was co-founded by Mr Jebara, Chris Velis and Alvin Savoy in 2010 and is used by3,432 schools in Australia and another3,557 schools overseas.

Mohamad Jebara fears that computer programmers are among the list of workers most at risk of being replaced by artificial intelligence.

Below is a rundown of some the other professions:

1. Entry-level IT coding jobs

2. Entry-level legal jobs often done by law graduates

3. Farm work

4. Customer service jobs including call-centres

5. Bus and taxi drivers

7. Manufacturing jobs

8. Banking

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Overbond unveils new artificial intelligence-based smart order … – The TRADE News

Overbond has launched a new artificial based-smart order routing (SOR) system, following on from the recent launch of its bid-ask liquidity scoring model.

The buy-side can utilise the automated process of SOR for online trading specifically, working for best execution through allocating based on price and liquidity. The algorithm also, when needed, has the capacity to determine optimal methods of breaking up (or chunking) a trade.

In the development of its offering, Overbond worked with both buy- and sell-side partners. Specifically, the system is an AI-enhanced routing logic to provide traders with a complete view of order break downs.

Speaking in an announcement, the business highlighted that AI-driven tools are critical for achieving no-touch end-to-end bond trading automation and may contribute to the continuing increase in automated trading of fixed income.

Read more: Overbond expands automated bond trading service with Deutsche Brse European fixed income data

Overbonds developed analytics auto-adapt to trade size and direction, which allows traders to view data across hundreds of thousands of fixed income securities.

Traders can view implied liquidity and confidence scores which have been sourced from volatility and bid-ask spread components. Overbond employs a three-tier system, dependent on liquidity and pricing confidence relative to the universe of bonds with the same currency.

Vuk Magdelinic, chief executive of Overbond, explained: Gauging liquidity and routing orders are pivotal steps in the trading process and enhancing them with AI can help traders manage their workflow more efficiently, automate more trades and improve profitability. At Overbond we have a strong team of data scientists and developers who are working hard to innovate and push the boundaries of what AI can do in the fixed income markets.

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Vitalik Buterin Transfers Half Million in ETH to Major Exchange, While Ethereum Price Soars – U.Today

Gamza Khanzadaev

Ethereum's founder Vitalik Buterin unexpectedly moves 300 ETH, worth half million dollars, during market rally

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In a significant move reported byPeckShieldAlert, Ethereum creator and blockchain entrepreneur Vitalik Buterin recently executed a substantial transfer of 300 ETH, valued at an impressive $490,000, to the major exchange Kraken. The transaction consisted of two tranches, with 100 ETH and 200 ETH transferred separately. Remarkably, even after this transfer, Buterin's wallet "0x1Db" still holds 2,451 ETH, amounting to a staggering $4.04 million.

This transfer stands out as one of the largest direct transfers from this particular Buterin wallet to an exchange in recent years. Typically, such transfers to exchanges are perceived as potential sell-off events, especially when involving insiders, including Ethereum's founder himself.

What is worth noting is the timing of this transfer, which coincides with Ethereum's price demonstrating positive momentum and trading in the green zone. This has led some to wonder if Buterin's decision to move a substantial amount ofETH to an exchange may signal a local peak in Ethereum's price. Crypto enthusiasts have debated whether this move indicates Buterin's intent to cash in on his substantialEthereum holdings.

Buterin's influence in the crypto space is undeniable, and his actions are closely watched by the community. As Ethereum continues to be the market-defining power, every move made by its founder becomes a subject of analysis and speculation. For now, all eyes remain on theEthereum price chart to see if it reacts to this event.

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Ethereum’s Value Dips Against Bitcoin as Buterin Moves Coins – Crypto News Flash

Recent data shows that Ethereum (ETH) has taken a dive against Bitcoin (BTC). The decline in the ETH/BTC ratio is a trend that began more than a year ago, reaching a 14-month low this week. Data from TradingView shows that ETH-BTC dipped to near 0.0602 its lowest since July. The recent drop supports the narrative of some market analysts bearish sentiments and a potential breakdown in the ETHs valuation versus BTC.

The head of strategy and research at Matrixport, Marcus Thielen, has backed Bitcoin to continue outperforming altcoins, including Ethereum. He further notes that Ethereums protocol revenues have been decreasing for the last three months. Crypto analyst Benjamin Cowen has shared a similar view, predicting a significant move to the downside.

The development comes amidst a potential whale dump. Data from large wallet holders shows that some whales are moving their ETH stashes to exchanges. Among them is Ethereum co-founder Vitalik Buterin. Blockchain data highlighted by security firm PeckShield has identified a wallet owned by Vitalik Buterin transferred 300 ETH (worth roughly $493,000) to Kraken on Tuesday. This is a sign that the founder is about to sell some of his ETH.

More significant transfers have occurred with blockchain research Lookonchain identifying another large holder depositing a total of 30,000 ETH (worth nearly $50 million) to crypto exchanges Binance, OKX, and KuCoin in the past four days. Lookonchain has also identified another wallet that acquired tokens from Ethereums initial coin offering (ICO) deposited 6,000 ETH (worth nearly $10 million) to Kraken earlier this week.

ETH investors who closely watch these accounts are now concerned that the whales are getting rid of their stash ahead of a bearish period. With the potential of further declines in ETH prices, investors are in limbo.

Despite the current sentiments, investors are looking forward to the approval of an Ethereum futures ETF in mid-October. In 2021 when a Bitcoin futures ETF was approved by the SEC, the leading digital asset witnessed an over 60 percent rally. Some experts believe that Ethereum will befall the same fate and could end the year outperforming Bitcoin. In addition to an Ethereum futures ETF, Cathie Woods ARK Invest has recently applied for an Ether spot ETF.

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Related: Crypto on the Edge: Bitcoins $25K Battle and Ethereums ETF Ascent

These are positive developments that could drive Ethereum adoption among institutional investors. Even if Ethereum suffers a short-term dip in the coming weeks or months, the inevitable entry of institutional investors will drive demand and lead to higher ETH prices.

At the time of press, ETH is exchanging for $1,630 after a marginal drop of less than 1 percent in the last 24 hours. This is a more than 65 percent drop from its all-time high of $4,878 reached almost two years ago.

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Ethereum Whales and Buterin Move $31 Million in ETH – CoinGape

Amid a stagnant September for Ethereum (ETH), notable transactions from key players are taking place in the market. Whale Alert recently disclosed a significant move from a long-dormant Ethereum ICO wallet. This comes on the heels of other substantial transfers, including those from Ethereum co-founder Vitalik Buterin.

On September 20, an Ethereum ICO wallet linked to core developer Danno Ferrin sprang to life after over eight years of inactivity. The wallet transferred 192.2 ETH, roughly $313.2k, to Coinbase. The Data Nerd broke down the transactions into two parts, which are 32.1 ETH and 160.1 ETH. Despite its modest size, this move adds to a growing list of transactions from early Ethereum participants.

Additionally, Lookonchain shared data that revealed other significant transfers. On September 18, an ICO participant moved 6k ETH, worth an estimated $9.96 million, to Kraken. The following day, another whale transferred 10k ETH, valued at around $16.5 million. This whale had also moved similar amounts to Binance, OKX, and KuCoin just four days earlier, ending two years of dormancy.

On 19th September, PeckShield reported that Vitalik Buterin transferred 300 ETH, approximately $490k, to Kraken. Another dormant wallet sold 2,591 ETH for $4.18 million in stablecoins. Consequently, the total ETH moved by ICO participants and Buterin in the past two days is about $31 million.

However, the market has yet to react strongly to these high-profile moves. Currently, Ethereum price is trading at $1618.3239 with a 24-hour trading volume of $4,120,380,992. Significantly, the asset has seen a 1.49% drop in the last 24 hours. Hence, while these transfers have caught the crypto communitys attention, their impact on Ethereums price remains to be seen.

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Donald Trump Jr says ‘Richard Heart is innocent’ in X account hack – Protos

Hackers gained access to Donald Trump Jrs X account this week, using it to post a series of inflammatory messages. This included announcing the death of former president Donald Trump Sr, proclaiming Richard Heart to be innocent, and threatening to burn the SEC.

The account, which boasts over 10 million followers, was hacked on Wednesday morning with those responsible immediately posting Im sad to announce, my father Donald Trump has passed away. I will be running for president in 2024.

This was followed minutes later by a message that read, Richard Heart is innocent, when I become president I am going to burn the SEC. @RichardHeartWin.

Soon after, the ante was upped again with a post proclaiming, This just in: North Korea is about to get smoked.

Hex founder Heart is currently facing legal charges from the Securities and Exchange Commission (SEC). It alleges Heart misappropriated at least $12 million of his token sales to buy personal luxuries, including a 555-carat black diamond known as the Enigma.

Despite the allegations, devoted HEX fans remain optimistic that Heart will somehow beat the SECs allegations. His three projects, Hex (HEX), PulseChain (PLS), and PulseX (PLSX) dropped by 87% in August from their all-time highs.

The account also used a racial slur to describe Joe Biden, claimed to have had sex with Logan Pauls partner, and alleged it had exchanged interesting messages with Jeffrey Epstein.

Within an hour the tweets had been deleted, however, some still garnered as many as 600,000 views. The Trump organization has since confirmed the account was hacked.

Dr. Aram Sinnreich, a professor of communication studies at American University, told Forbes that, X has fired most of its data security professionals and eliminated many of its data security protocols, which makes it particularly vulnerable to hacking.

He added, the truth is that every social media profile is just one well-written phishing email away from being hacked.

The X account of Ethereum founder Vitalik Buterin was also hacked. This resulted in the loss of $691,000 worth of crypto assets from those unlucky enough to follow the direction of the links shared by the account.

Quotes in bold are our emphasis. Got a tip? Send us an email or ProtonMail. For more informed news, follow us onX,Instagram,Bluesky, andGoogle News, or subscribe to ourYouTubechannel.

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Ethereum: blockchain scalability problems – The Cryptonomist

Initially the solution that was envisioned to solve the scalability problems of the Ethereum blockchain was sharding.

Sharding involves parallel processing of processes and transactions, allowing data to be distributed by making nodes easier to manage. Currently, however, all processes are processed by all nodes, and all transactions are entered into the single blockchain, block by block.

With sharding, on the other hand, the network could process multiple blocks of transactions simultaneously, distributing the work across several nodes that would operate in parallel, not in unison.

Although this is all still on the agenda, what is emerging is that such a solution could in fact be largely replaced by rollups.

In fact, over time, what is emerging as an alternative is that of so-called danksharding, which is a new system that will allow rollups to add data to the blockchain.

Danksharding will bring huge amounts of free and usable space on the Ethereum blockchain for rollups. These will process off-chain transactions, and only enter the end result of what are called compressed transactions onto the blockchain.

With danksharding it will be possible to send and attach blobs to blocks. The data in the BLOBs will not be accessible to the EVM (Ethereum Virtual Machine), and they are automatically deleted after a certain period of time (1 to 3 months). This allows rollups to send much less data to the blockchain, significantly more economically.

In order to get to all this, updates to the Ethereum protocol need to be introduced.

It all revolves around the EIP-4844 proposal, not coincidentally called Shard Blob Transactions.

It is a proposal also drafted by, among others, Ethereum co-founder Vitalik Buterin himself, and published in February last year.

EIP-4844, if approved, would introduce the new format for transactions that carry blobs, i.e., that contain a large amount of data that cannot be accessed through EVM execution.

However, this format will be fully compatible with the one that will be used for actual sharding.

Actually, EIP-4844 will not introduce danksharding, but what is called proto-danksharding, i.e., the first steps to get to danksharding.

It seems possible that EIP-4844 may arrive relatively soon, while getting to full danksharding will have to wait several more years. Real sharding will probably come even later.

That of scalability is a real issue.

There are two issues.

The first, trivially, is the speed of transaction execution. Although it is currently only a few seconds, some uses would require much faster transactions, on the order of hundredths or even thousandths of a second, such as for trading on decentralized exchanges.

It is extremely difficult to imagine that Ethereum could achieve such performance by executing all transactions on all nodes, so solutions such as rollups that execute some off-chain processes are needed.

The second, and much more important, is the cost of transactions, or gas (the fees).

Currently on average a transaction on the Ethereum blockchain costs just under $4, while for example on the Bitcoin blockchain the average fee stops at just over $2.

With such costs, it is impossible to imagine being able to support even so-called microtransactions, so much so that an off-chain solution (Lightning Network) has been developed for Bitcoin that lowers them to a few thousandths of a dollar by simply avoiding writing some transactions on-chain.

While on-chain solutions to the fee problem were initially conceived for Ethereum, now off-chain solutions, such as rollups, are also being targeted within this network.

Although rollups still publish the end result on-chain, they do not publish the intermediate steps, and when it comes to multiple transactions that are compressed into one, the end result is just to publish only the bare minimum on blockchain.

Since only a certain volume of data per block can be recorded on the blockchain, there are insurmountable limits that prevent growth, or drive up recording costs.

The goal then is to increase the number of recordable transactions as much as possible without significantly increasing the volume of data to be recorded on the blockchain.

It is estimated that even with proto-danksharding alone, which should be introduced relatively soon, the theoretical number of transactions capable of being executed by the Ethereum network would rise to one hundred thousand per second (100,000 TpS). All this is done by avoiding writing all the data on-chain, and executing most of the processes off-chain.

For quite some time now, an average of about one million transactions per day, or just over 11.5 per second, have been recorded on the Ethereum blockchain. The all-time high occurred on 9 December 2022, with 1.9 million transactions per day. In other words, currently on-chain cannot record more than 25 transactions per second.

Future goals therefore are still extremely distant, and cannot be achieved except by moving much of the work off-chain.

Rollups are to date the fastest way to ramp up those 11.5 average transactions per second so as to begin the long road to 100,000 TpS.

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