Skip to main content

Featured Story

Sam Altman on GPT-5 and the Future of AI

Understanding Sam Altman's Vision for AI's Future In a world increasingly dominated by artificial intelligence, the recent remarks from OpenAI's CEO, Sam Altman, provide a fascinating glimpse into the future of technology. As the conversation around AI evolves, Altman's assertion that the current model, GPT-4, "kind of sucks" compared to what is expected from the upcoming GPT-5 underscores a critical point: the relentless progression of AI capabilities. In an enlightening dialogue with AI researcher Lex Fridman, Altman unveiled insights that could reshape our understanding of AI's trajectory. Key Takeaways from Altman and Fridman's Discussion 1. Anticipation for GPT-5 Release Timeline : Altman confirmed that GPT-5 is slated for launch later this year, with its name yet to be finalized. Performance Expectations : He expressed high expectations for GPT-5, predicting it will significantly surpass GPT-4, which is already regarded as an industry l...

Embracing Decentralized Governance: Introducing Polygon Improvement Proposal (PIP 29)

A new Polygon Improvement Proposal (PIP 29) has been introduced, outlining the establishment of a 13-person governance body responsible for executing upgrades to system smart contracts for existing and future Polygon protocols. This proposal marks a significant step towards decentralized ownership and decision-making within the Polygon ecosystem, aligning with the vision of Polygon 2.0 governance. The inaugural Protocol Council consists of notable individuals such as Polygon co-founder Jordi Baylina, Viktor Bunin (protocol specialist at Coinbase), Ethereum Foundation researcher Justin Drake, and Cometh CEO Jerome de Tychey, among others. Through a Gnosis Safe smart contract, the council will be tasked with regular and emergency upgrades, initially focusing on the POL Migration Contract and Emission Manager Contract. This move aims to create a framework for effective and decentralized decision-making, paving the way for the future of Polygon governance. As the framework evolves, the community will have a significant role in shaping the composition and guidelines of the Council through direct feedback, proposals under the PIP framework, and on-chain and off-chain voting mechanisms.

The Role of the Protocol Council: - The Protocol Council, established under PIP 29, is responsible for executing upgrades to system smart contracts for existing and future Polygon protocols. - The council will act through a Gnosis Safe smart contract to carry out regular and emergency upgrades. - The initial scope of responsibility covers the POL Migration Contract and Emission Manager Contract. - Regular upgrades will follow a standard change route, requiring a 7/13 consensus of the Protocol Council and a 10-day timelock. - Emergency upgrades, on the other hand, demand a 10/13 consensus and do not involve a timelock.

The Concept of Polygon 2.0: - Polygon 2.0, unveiled in June, introduces the launch of a new token called POL, which will replace MATIC. - The establishment of the Protocol Council is a crucial step towards achieving the vision of Polygon 2.0 governance. - The ultimate goal is to create an on-chain, trust-minimized, and community-driven framework for effective and decentralized decision-making.

The Future of Polygon Governance: - Subsequent proposals will further formalize the framework for decentralized ownership and decision-making within the Polygon ecosystem. - The community will play a significant role in shaping the composition and guidelines of the Protocol Council. - Direct feedback, proposals under the PIP framework, and on-chain and off-chain voting mechanisms will enable community participation in the governance process.

Comments

Trending Stories