September AMA Transcript
Eric
: Hello,
good afternoon, Matrixians. Today is the 28th of September and It’s the monthly
we are having this AMA with our CEO MR.Owen TAO to
provide transparency and to address specific concerns or questions coming from
you. So to submit your questions from time to time so we can kind of refresh
ourselves and also to address what’s needed by the community.
So
yeah. As usual, we have Owen with us. Owen , hi, how
are you?
Owen
: Hi.
I’m good. Hi mate, Eric. Hi Matrix community.
Eric
: OK.
Yeah. So you are now on a business trip, a just getting off the plane. I can
tell from your face. Sorry for keeping this task on your agenda, particularly
in your busy schedule.
So
Could you tell us the purpose of your your business trip this time? Where are
you located at?
Owen
: Uh,
I’m in Hunan, Changsha, a very big city in the south of China.
Eric
: Yeah
and also the hometown for President Zedong.
Owen
: Yeah?
Yeah. Yeah. Okay.
Eric
: So
yeah, go OK, so Are you ready for the questions from our community?
Owen
: Yeah.
Okay. Let’s go.
Eric
: So
first as first the first question comes from the Amine DAFIR.
“
What
Matrix Ai Network will have to do for small business in the future ?? I mean,
will the blockchain help the small business to develop more their activities ?”
So
yeah, over to you Owen.
Owen
: Yeah.
In fact, I think the the Matrix 2.0 version is not for this I think it’s not
designed for the big business company. Yeah. Because our opinion, We’d like to
we have designed and decentralized computing power distribution platform and
also we’d like to we’ll make the data and also the algorithm into the access as
NFT.
Yeah.
We do all of this because we want to make the lower the cost to use the
artificial intelligence. We would like to lower this cost. Yes. So we designed
the Matrix in our opinion, we’d like to make everyone kind of use their own
artificial intelligence work we’d like to make the cost lower. we’d have all kinds of the the people or the small business
that’s our opinion so yeah, with we develop more in the Matrix projects in the
future, I think that the more, we will have the small business in the future
the more, that’s our plan.
Eric
: OK,
sounds good, Simply put,we provide different tools or utilities for different
business lectures, big or small. So basically, we provide a MANTA to train the
their algorithm and so that you can mint as an NFT through MANIA and trade it
on their on the MANAS and through API you can integrate this AI services into
your platform or your website so your clients or your customer can use this AI
service and that can benefit for those businesses. So in a way, the Matrix 2.0
is designed for, for that way, it’s not just in the future, it’s designed for
in that sense. And Don’t forget, we have the Matrix 3.0 road map, while we
haven’t decided the final direction, so I can assure you there are many
exciting stuff that we have discussed and it is quite fascinating.
When
we decided the direction for the Matrix 3.0, just stay tuned for that and this
can be kinds of broad groundbreaking for the industry as well.
Yeah,
Yeah Owen. Well, then I can follow-up question,this is
about the MANTA thing because we just mentioned MANTA and MANIA. So as far as I
know, the depth has finished the development work for the MANTA to be deployed
on the mainnet so we are now at the stage of testing it.
Okay?
Do you have a schedule for it to be kind of deployed to the MAINNET because
last time, we were saying that by the end of the month so I will stay on
schedule.
Owen
: Right
now, we have already introduced the Manta on to our MAINNET, and we are doing
the close testing right now. After after that, in the the first part, we
introduced some partners to join our testing work. I think it will spend about
one or two months and after that, we will open the MANTA system and we will
give a guide, use how to put and install MANTA on your miners, your GPU
machines or something else and after that, you can offer your GPU computing
power or computing power right to the someone else who would like to use the
decentralized auto machine learning system and you will get reversed yeah,
that’s our schedule.
Eric
: Okay.
So the schedule you are talking about is one month right ?
Owen
: Yeah
one or two month I think yeah.
Eric
: Well,
Yeah, OK. So this raised the question that they asked by BudSpencer69 “ How long will be the test Phase
of MANTA with the partners?“ So
your question, I mean what you say just answer this question can I get ,it
right ?
Owen
: Yeah,
yeah. It will spend about, one or two months, yeah.
Eric
: So
we have to wait for the result of this first test done by the partners, then we
can deploy it to the mainnet a month later, not this month, am I right?
Owen
: Yeah.
Yeah. Until now, we have already deployed the the MANTA on the MAINNET. We have
selected from our MAINNET yeah, we have do the auto machine learning and
decentralized computing power renting system on some of our MAINNET right now,
yeah after that making we will make a guide document to tell our community how
to install the MANTA their machines, and after that they are you can connect
your machines into the MANTA platform and If there are someone they will rent
your computing power, you will get rewards, yeah.
Eric
: So
to pretty simply, So the hardware side or the costing side for the MANTA is
ready, that’s we need the time to prepare all kinds of documentation so that
when it’s released to the public, everyone will be able to know how to use
that.
Owen
: Yeah,
there are two parts of work we need to do we are doing two parts of the work
right now. The first one is we are doing the testing because if we are, we open
it to the public. We need to do enough testing work. This is the first part.
And the second part is we are preparing the guide the guide documents right now
and we will release, our client and you can install it according to our guide
document you can install the the MANTA on your machines, yeah.
Eric
: OK.
And we can expect that by the end of October?
Owen
: Yeah,
yeah, yeah, I think.
Eric
: OK,
I think I will keep reminding you then.
Owen
:
OK.
Eric
: OK,
and the second question is from Nakto.
“ What is your main feature that distinguishes
you from other projects ?” I think this is an old questions are often
addressed a couple of times. Would you like to address again?
Owen
: OK,
We had divided the Matrix into two phases, the first one that the Matrix 1.0
and the Matrix 2.0. In the first part, we have used artificial intelligence to
enable the blockchain. We use the AI technologies to make the blockchain better
including we have make a new consensus and we have improved the TPS our mainnet
so, so the first part is the is an AI-enabled blockchain. and
in the Matrix 2.0, we’d like to in our opinion, we want to design an artificial
intelligence platform, which which based on the blockchain. So in the the
second part we have with like we offer lots of the decentralized AI services
such as the AI computing power and the AI services and also with we have
already realized this function that you can transfer your own and mint your
data and your algorithm and into an NFT it can be transfer to anyone you’ d
like. Yeah, that’s the second part, the Matrix is on decentralized AI platform
based on blockchain that’s Matrix.
Eric
: OK,
yeah, I think, Owen has addressed that a couple of times, and we have serious
articles about the key difference between Matrix and other AI projects.
However, we keep evolving and evolving at a fast speed thanks to the
advancement of technology and the to the brainstorming of the whole community.
Yeah, it’s not just AI, but we extend AI to Matrix 3.0 and that’s what I just
mentioned in the beginning.
Evolution
is a key part of our project,and you must stay tuned
for the road map for of our Matrix 3.0 and there would be exciting and a key
difference from us with AI projects and I’m sure other AI project evolved
themselves as well, but I think the Matrix 2.0 would be a very fundamental
difference in terms of development and in terms of the path that we are going after.
Yeah.
So, let’s go. Stay tuned with our roadmap for Matrix 3.0.
“Dev documentations are not clear
enough to use and develop apps (at least for me — I am a developer). Are you
planning to update/upgrade the docs? Detailed documentations with sample codes
will attract more developers.” Thank you Turgut YAVUZ. This is from @iamharky.
Yeah very good question. Yeah we do undestand that.We
do appreciate that. Yeah, Owen.
Owen
: Yeah,
that’s a very good suggestion. I think we will do that after we finished all
the testing work for MANTA and also we have already we finished the road map
design for the the next part of the Matrix. I think we will spend one or two
months to go through all the development documents and make it better for all
kinds of development parts to use. That’s a good suggestion, and we will do
that.
Eric
: Thanks,
Owen, This was from @iamharky.
We understand the pain and because we have been keep busy trying to fulfill the
road map for the 2.0 and are still deciding the final direction for the 3.0. So
we have to keep, provide priorities to these two. So after that, we will spend
one to two months, according to Owen then we will update, review and update so
that we can facilitate the developers to deliver and and and in a way to enrich
our ecosystem. Thank fully, @iamharky,
right?
Okay,
yeah. “In the new roadmap, is Ledger
support planned? (update)
this from Christophe. Owen ?
Owen
: Yeah
right now, let let me explain it. And right now we are doing the updating work
for the Ledger support. So, I don’t think we will put the Ledger support into
our new road map because it’s not a main function for Matrix, but we are doing
this work right now. That’s my answer. Yep.
Eric
: Yep,
good exactly. and Ken is spearheading this one. Yeah.
Just for your information, Chris.
Alright.
Moving on. “ Matrix AI Service Platform reputation will
depends on the quality of the AI services it will provide. If someone develops
an AI service app, and they want to list on the Matrix AI service platform and
they claim that AI services accuracy is 99%, how Matrix will validate their
claim and accept or reject the request based on their validation results? “
This question is from
BozKurt. Owen?
Owen
: Yeah.
Right now, in our platform such as the MANAS platform we will do some testing
work If you want to list your own algorithm your AI apps on it yeah we will do
some testing work before we list it. But I think, in the future we will make
its open make it open so thats what that means we will not and we won’t test
any algorithms or the apps which would like to be listed on it so, anyone can
put their own AI algorithms or models or their apps on the MANAS platform. How
to make, how to find out if this applications is all the algorithm useful and
then. I think there will be lots of the clients.
They
will do, the use all kinds of the the algorithm and under our MANAS platform’s
applications they will write down their judgment and the about how they feel
after they use that so we want to handle this work we which the testing and run
work to the community and the market I think the market will give the right the
correct judgment for all the services and the applications which listed on the
MANAS platform. Yeah, that’s my answer and our plan.
Eric
: Yep.
I think that’s right. Just imagine Taobao or eBay. Alright? So it would be the
customer to decide whether the merchant is good or not. If the merchant is
good, then the ranking, when you search it will get to the top and the sales
will also go up. So it’s This is the same logic, just just like eBay or talk
about the merchant stuff. or also the product listing,
Yeah and BozKurt have another
question.
Yeah,
which is quite quite a hot topic. “Now
that ETH has changed its consensus mechanism to POS, there are a lot of ETH GPU
mining resources that Matrix AI platform can tap in. Is there a plan for
promote Matrix AI platform to ETH miners?” Owen ?
Owen
:Yeah. That’s a very good question
because it’s also our plan, I think, after we have done the after we have
finished the the the testing work for the MANTA, our plan we’d like to
introduce the the Matrix MANTA platform to all the ETH miners we’d like to
introduce their GPU computing power to our main network. But before that we
wanted to design a very good business plan for them. How much the rewards they
will get we need to keep saying some good plan for them. Yeah. If you have any
good suggestion, please write to us and we can discuss that and yeah we will do
this work after our MANTA launches.
Eric
: OK,
good. Thanks,Owen. Yeah, BozKurt. Did you kind of join
our weekly meeting because this item has been discussed just I think last week
in our weekly meeting. So I’m not sure whether you have overheard something or
have virtually joined our weekly meeting and they have this question. Yeah, I
just kind of kidding so yeah, we have to consider that and discuss that you
know weekly meeting as well. Yeah and then the moving. This is a long question.
One question, we have five more questions. Yeah. This is from a @allegal
“Hello there. First of all, thank
you for your work as a team.
1-) Are you making artificial
intelligence software only for blockchain? Do you have artificial intelligence
software in other fields? “
Yeah.
I will cut the question into five small questions so that you can easily answer
Owen for the first small question.
Owen
: Yeah,
and 1st, our algorithm software is not full blockchain. Our AI software is for
all kinds of business such as the, industry, the financial or others. We just
Deploy our artificial intelligence algorithm onto blockchain to make it
decentralized that we are doing. Yeah.
Eric
: These
are the business model that, Owen just mentioned. It’s not just. There’s an AI
service is kinds of decentralized AI economy model from our perspective.
Second
question “Does the software have a
self-learning, self-prevention feature? Or does it work limited to certain
algorithms?” Owen ?
Owen
: Yeah,
Every each, huge algorithm we have offered is focused a certain targets. Yeah,
we don’t do that self-learning, but we are you should know learn something
about our MANTA platform which is an automachine learning platform Yeah. So if
you can put your on algorithm on it, it will do the automachine learning by the
data you have provided yeah.
Eric
: Yep.So
Simply put, it does not just limit to certain algorithms. You can train
whatever algorithms you want to to as long as you have the data and the models,
and you can use MANTA to train that and then use the MANIA to turn it into an
NFT, and go to MANAS for trade, or go to other public chains to trade your NFT
yeah.
Number
three, “Can it learn other systems by
scanning it?”
Owen
: we
can’t do this right now, yeah. We cannot do this function right now.
Eric
: And
number four, “Digital identity work is
very important for web3. Is there a place on the roadmap for this?”
Yeah
we have discussed this is one of the six directions that we have discussed in
Dev and we haven’t decided we, if we were going to pursue after DID just DID,
will be a part of the whole road map. So we haven’t decided yet. So stay tuned,
lets go.
from @allegal,
the fifth, “ Are there any new investors
that you are meeting with? thanks.”
We
are doing kinds of they do day, uh, communications with our community. So, in a
way to education and spread the news or development of Matrix so we have to
wait for the result of this first test done by the partners then we can deploy
it to the mainnet a month later not this month, am I right?
So
for those interested parties who did their own research and found we have the
potential, they will make a wise decision to join. Yeah, that’s the answer to
that. Is that right? Owen. Is it right?
Owen
: Yep.
Eric
: Okay.
Good. That goes to the last question. And the last question is from Ebmagic
“ Will we be able to connect to the GPU
power of the Matrix AI cloud for IaaS service, such as using 3D rendering
software ?”
Owen
: Right
now the MANTA platform just support the machine learning yeah is special for
training and running the artificial intelligence algorithm right now that this
is the key function for MANTA right now. We haven’t introduced other kinds of
the computing power service is into the the MANTA platform. We can’t do the 3D
rendering right now, But in the future, when our MANTA platform runs for some
time and save and good we would like to add more functions to it. And I think
you may use this component forward to do some add services in the future.
Eric
: Yeah.
It’s Okay. I see. Thanks Owen. And I think that answer all the nine questions
we screened from the submissions for September AMA and Before we end this AMA,
How many days are you going to stay in Changsha, Owen?
Owen
: Maybe
two or three days. I came here because there are some companies they’d like to
use our our algorithms on the Manito and also there are some partners. They are
interested in using our MANTA platform for their new business. That’s why I
came here to discuss with them.
Eric
: OK.
And don’t forget to take some pictures and then to publish tweets.We
would like to I I have charts, the committee would like to know I’ll see
everything going on with you in Changshan.
Owen
: Okay.
Okay.
Eric
: Thank
you Owen, for your time. And thanks Matrixian, for submitting your questions.
And to keep them giving us feedback, saying questions and we are happy to
address your concerns and to provide transparency of the the development
progress of the project. OK and just stay safe. Bye.
Owen
: Bye.
Twitter : https://matrixainetwork.medium.com/september-ama-transcript-d5ce7b5da054
Medium : https://twitter.com/MatrixAINetwork/status/1577258753195474944