🔥 BitDegree partnered with Ogvio - a free international money transfer service! Sign up now & grab Rewards! 🎁

New Ethereum Proposal Targets Private, Spam-Free AI Use

Key Takeaways

  • Crapis and Buterin present a smart-contract model that keeps LLM requests anonymous while ensuring reliable payments for providers;
  • Their approach removes the need for personal data or slow on-chain payments and gives users a private way to interact with AI systems;
  • Zero-knowledge proofs and rate-limit tools help verify payments, prevent spam, and keep each request unlinkable to a user’s identity.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

New Ethereum Proposal Targets Private, Spam-Free AI Use

Ethereum Foundation AI lead Davide Crapis and Ethereum co-founder Vitalik Buterin have shared a new method to protect user privacy when interacting with large language models (LLMs).

They pointed out that every message sent to an artificial intelligence (AI) system triggers an API request. These requests raise basic concerns for both sides: users want privacy, and providers need security and reliable payments.

In a February 10 blog post, they explained that today’s systems make it difficult to balance those needs.

What is Litecoin? LTC Easily Explained (ANIMATED)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

They said, “We need a system where a user can deposit funds once and make thousands of API calls anonymously, securely, and efficiently".

They argued that service providers currently rely on two poor choices. One option requires users to provide personal details, such as an email address or credit card. The other option uses on-chain payments for each request, which are slow, expensive, and easy to trace.

Their proposed setup requires users to deposit funds into a smart contract before making any requests. After that, each request can be made without revealing who sent it.

Zero-knowledge proofs and rate-limit tools help providers verify payments and block spam without seeing users' identities.

They explain that the system also checks that a user has not spent more than their original deposit and that any refunds are accounted for.

Vitalik Buterin recently explained how he views the difference between decentralized finance (DeFi) and stablecoin products that focus on yield. What did he say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
binance
×
Verified

ZERO FEES

For Ogvio Money Transfers
Rating
5.0