For many internet users, ChatGPT became the first-ever experience using no-code AI instruments. Thanks to an impressive kit of opportunities it unlocks, it rapidly made headlines in November 2022.
Largely, ChatGPT became popular due to its ability to write simple code templates in different programming languages and to explain complex technical concepts in plain English;For cryptocurrency users, ChatGPT can provide newbie-level manuals, brief explanations, how-tos and so on; For an average user, ChatGPT looks not unlike a normal chat with AI-powered assistants in online banks, e-commerce platforms and educational web portals. Users just ask questions to find unbiased and accurate answers.
ChatGPT itself was unveiled to the general public on Nov. 30, 2022. In less than seven days, its user count eclipsed one million users, which is an unprecedented metric for digital applications. In mid-December, the service was down due to an enormous traffic problem, but the team fixed its issues. In early January 2023, the platform introduced its first-ever paid tariff and shared its plans to launch the GPT-4 update in late 2023.
Proof-of-Stake is a consensus mechanism used by some blockchain networks to validate transactions and produce new blocks. Instead of using computational power , PoS relies on validators holding a certain amount of tokens to stake or lock up as collateral, and they are then chosen to validate transactions and create new blocks proportional to the amount they have staked. This makes the validation process more energy-efficient and reduces the risk of centralization compared to PoW.
As such, ChatGPT might be useful for blockchain education, but some of its statements can still be wrong and confusing. Thus, it should be used responsibly by content creators and researchers.ChatGPT’s ability to streamline the basic operations in blockchain development is another powerful narrative that drives the hype around OpenAI's platform. The most enthusiastic ChatGPT fans even claimed that it is ready to replace junior Solidity developers and DevOps engineers.