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Cortex (CTXC)

Cortex serves as a public blockchain infrastructure dedicated to facilitating the execution of AI algorithms and AI-based decentralized applications (dApps). It offers AI developers a platform to upload their models onto the blockchain and integrate them into smart contracts. Utilizing a PoW (Proof of Work) network consensus mechanism, Cortex ensures the validation of each stage of machine-learning inference.

At the core of Cortex's blockchain technology lies the Cortex Virtual Machine (CVM), derived from the Ethereum Virtual Machine (EVM). The CVM maintains compatibility with the EVM while incorporating additional layers designed for AI inference. These enhancements include "infer instructions" allowing models to be invoked within smart contracts via instruction sets. 

Additionally, the deterministic inference engine, known as Synapse, ensures consistent outcomes of AI models across diverse computing environments. This feature enables the network to reach a consensus on the execution of AI programs.

What is Cortex (CTXC)?

Cortex represents an open blockchain ecosystem designed to support artificial intelligence. Within this network, developers have the capacity to craft smart contracts enabling the creation of practical applications via various decentralized applications (dApps).

The Cortex Blockchain functions on a network-driven currency called CTXC, initially an ERC-20 token on Ethereum before evolving into its independent blockchain.

Artificial Intelligence, also known as Machine Learning, embodies technology capable of independent learning and comprehension. This technology empowers software to generate its own insights and solve problems by analyzing acquired data.

Cortex Developer Team

Ziqi Chen and Jia Tian, CEO and CTO respectively, are the creators of the Cortex Network. Both possess substantial expertise in machine learning and have previous experience collaborating with companies in the field. The core development team behind Cortex comprises individuals adept in both Blockchain and AI technologies, boasting experience gained from renowned companies such as IBM and Alibaba.

Cortex Technologies 

Cortex utilizes Proof-of-Work (PoW) as its Consensus Algorithm, enabling users to transfer monetary value and create smart contracts for real-world applications via decentralized applications (dApps). These contracts can incorporate AI, enhancing their potential and efficiency. By integrating AI, developers can manage unforeseen scenarios without requiring prior calculations or predictions.

Developers within the Cortex network fall into two categories. Firstly, those who craft AI to facilitate the system's learning and intelligence. Secondly, developers who design dApps using Smart Contracts, storing all data on the blockchain.

When constructing dApps on Cortex, developers can link smart contracts with AI to amplify productivity. The CTXC coin acts as a reward for AI developers, fostering a robust ecosystem. Enhanced dApp performance incentivizes developers to compensate AI creators, subsequently advancing AI intelligence and efficacy.

Moreover, dApp developers must utilize CTXC to execute functions like writing smart contracts. Every transaction conducted on the Cortex network distributes CTXC to validating miners, fortifying network security for both AI developers and the ecosystem at large.

Advantages of Cortex

The Cortex Virtual Machine (CVM) serves as a software framework enabling developers to craft dApps within the Cortex network, utilizing the Ethereum Virtual Machine (EVM) infrastructure while integrating AI into the process. This integration empowers AI systems to assist, autonomously engage in decision-making, and collaborate with Smart Contracts.

The fusion of blockchain technology, AI capabilities, and Smart Contracts operating in unison within dApps is a standout feature of Cortex. ZK Matrix represents a novel technology currently in the experimental stage as of early 2022. Built upon ZK-Rollups (Zero-Knowledge Rollups), it aids scalability, thereby fortifying the Cortex network. The plan is to incorporate ZK Matrix into Cortex 2.0.

Presently, the Cortex development team has delineated the Cortex 2.0 development into three phases. Initially, ZK Matrix will be applied to the Cortex network to accommodate a higher transaction volume. Subsequently, the Cortex network will introduce Smart Contracts independent of AI (zkCVM) and conclude by enhancing the AI system to further optimize performance.

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Future Developments

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