Hedera has added the ChatGPT plugin to its platform. The addition makes it possible for the OpenAI tool to interact with and initiate activities prompted by Hedera users on the Hedera blockchain. Also, users can now create a ChatGPT plugin on their own that can interact with the Hedera blockchain.
Hedera Hashgraph is a decentralized public network that aims to provide a fast, secure, and fair platform for building and deploying decentralized applications (dApps). It utilizes a distributed ledger technology called Directed Acyclic Graph (DAG) combined with a consensus algorithm known as Hashgraph.
Hashgraph is a consensus algorithm that allows for fast and secure transaction processing. It uses a gossip protocol to achieve consensus among nodes in the network, enabling high throughput and low latency. This means that transactions can be processed quickly, and the network can handle a large number of transactions per second.
Hedera Hashgraph is designed to be a platform for enterprise-grade applications and services. It offers features such as smart contracts, file storage capabilities, and cryptocurrency payments. The network is governed by the Hedera Governing Council, which is made up of various organizations from different industries and geographic locations.
Apart from Hedera, Bybit has also integrated with ChatGPT via ToolGPT. According to Bybit, ToolGPT, which is based on ChatGPT, will be used on its trading platform to enable users to carry out “long-term price trend prediction, short-term price movement prediction, future ETH trend forecasts,” and more.
Solana and Etherscan are two other blockchain-based projects that have added ChatGPT to their ecosystems. On Solana, the ChatGPT plugin was created by Solana Labs for users to explore the entire Solana ecosystem and carry out search prompt activities, while on Etherscan, Code Reader, the ChatGPT-based tool, permits users to analyze the source code of smart contracts while on Solana.
AI is gaining ground in the blockchain industry for the ease it provides, and ChatGPT by OpenAI is an essential tool that has made this possible.
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