According to reports, the Ethereum Layer 2 network Starknet announced on social media that it has decided to use license free Gize protocol technology during the latest community conference call to deploy learning models, execute verifiable reasoning, and implement an open AI economy. According to the latest data from Dune Analytics, the current Starknet on chain bridging users have reached 356900, with an on chain bridging TVL of 46991 ETH, which is approximately $93.308 million based on current prices.

Starknet: Will deploy an on chain machine learning model using the Giza protocol

1. Introduction
2. What is Starknet?
3. The Gize Protocol
4. Use of Gize Protocol by Starknet
5. Deploying Learning Models
6. Verifiable Reasoning
7. Open AI Economy
8. Starknet User Base and TVL
9. Conclusion
10. FAQs
# According to Reports, Ethereum Layer 2 Network Starknet to Use License Free Gize Protocol Technology

Introduction

Starknet, an Ethereum layer 2 network, has decided to use license free Gize protocol technology during the latest community conference call. This decision will enable Starknet to improve its network capabilities and provide better services to its users. In this article, we will explore the Gize Protocol, its use by Starknet, and the benefits it offers.

What is Starknet?

Starknet is an Ethereum layer 2 network that offers scalability and cost-effectiveness solutions. With increased adoption of DeFi and NFTs, the Ethereum mainnet has become congested, leading to slow transactions and high fees. To overcome these issues, developers have created layer 2 solutions like Starknet. They allow for faster and cheaper transactions and improve the overall user experience.

The Gize Protocol

The Gize Protocol is a blockchain-based protocol that facilitates machine learning on decentralized networks. This protocol enables developers to create machine learning models on top of blockchain technology. It ensures that the models are transparent, auditable, and secure. Using the protocol, developers can train and deploy machine learning models without worrying about data privacy or security.

Use of Gize Protocol by Starknet

Starknet has decided to use the Gize protocol to deploy learning models, execute verifiable reasoning, and implement an open AI economy. This move will enhance the capabilities of the network, creating more opportunities for developers and users. Starknet intends to create a decentralized network that can facilitate AI applications in a transparent and secure manner.

Deploying Learning Models

The Gize Protocol enables developers to leverage blockchain technology to train and deploy learning models. This training process happens on the blockchain, which ensures data security and privacy. Developers can then deploy the models to the network to provide services to users. With the use of the Gize Protocol, Starknet will be able to offer more advanced AI services to its users.

Verifiable Reasoning

The Gize Protocol enables verifiable reasoning, ensuring that the AI models deployed on the network are transparent and auditable. Verifiable reasoning is the process of ensuring that the logic behind an algorithm is correct, and the outcome is explainable. This feature ensures that the AI models deployed on Starknet are trustworthy and can be audited if necessary.

Open AI Economy

The Gize Protocol facilitates an open AI economy, which allows anyone to create, use and benefit from AI services. This approach democratizes the use of AI and allows developers to create decentralized AI applications that are transparent and auditable. With the integration of the Gize Protocol, Starknet is leading the way in creating an open AI economy on the blockchain.

Starknet User Base and TVL

According to the latest data from Dune Analytics, the current Starknet on chain bridging users have reached 356900, with an on chain bridging TVL of 46991 ETH, which is approximately $93.308 million based on current prices. The integration of the Gize Protocol is expected to increase the network’s user base and TVL, as it will provide users with more advanced AI services.

Conclusion

Starknet’s decision to use the Gize Protocol is a significant development in the field of blockchain-based AI. It will enable developers to create advanced AI applications on a decentralized network that is transparent, auditable, and secure. The Gize Protocol will enhance the capabilities of the Starknet network, creating more opportunities for developers and users.

FAQs

Q1. What is the Starknet network?

Starknet is an Ethereum layer 2 network that offers scalability and cost-effectiveness solutions.

Q2. What is the Gize Protocol?

The Gize Protocol is a blockchain-based protocol that facilitates machine learning on decentralized networks.

Q3. How will the use of the Gize Protocol benefit Starknet?

The use of the Gize Protocol will enable Starknet to create more advanced AI applications on a decentralized network that is transparent, auditable, and secure.

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