Review on Matrix AI Network by francis fernandez
Matrix AI Network: automated smart contracts
The cryptographic projects that are currently on the market have different utilities and technologies; however, they all have one goal in common: to offer faster and more multifunctional solutions.
Matrix AI Network took up this challenge by consolidating itself as a decentralized ecosystem that fuses the security of blockchain technology with the functionality of Artificial Intelligence; to develop automatic encryption solutions based on smart contracts.
Token:
MAN is the digital asset of the Matrix Ai Network; which operates on the Ethereum network. Due to this, it has ERC-20 token characteristics.
The price of MAN is established according to the law of supply and demand.
Ways to generate MAN:
• By commercializing AI solutions required in smart contracts.
• By increasing the demand for Artificial Intelligence applications
Technology:
One of the main features of the Matrix AI Network infrastructure; it is the high scalability of its chain; which allows it to stand out for its web 3.0 platform; that guarantees the highest speed of transactions, great interoperability between protocols and combined with Artificial Intelligence provides speed to automated smart contracts that do not require coding.
Consensus:
Matrix AI Network employs a mixed consensus mechanism that integrates the Proof of Stake (POS) algorithm and the Proof of Work (POW) protocol.
The POS function is used for the random selection of servers to become delegates. While the POW intervene in the MAN token mining process of the nodes selected as delegates.
Pros
- Offers faster smart contracts.
- Integrates AI and immutable ledger technology under the same platform
- Provides automated learning solutions
Cons
- It has no disadvantages.
