{"id":162201,"date":"2024-02-23T18:28:23","date_gmt":"2024-02-23T18:28:23","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=162201"},"modified":"2024-02-23T18:28:26","modified_gmt":"2024-02-23T18:28:26","slug":"eigenlayer-and-ritual-join-forces-to-ai-apps","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/eigenlayer-and-ritual-join-forces-to-ai-apps\/","title":{"rendered":"EigenLayer and Ritual Join Forces to Revolutionize Decentralized AI Applications on Ethereum"},"content":{"rendered":"
TL;DR<\/span><\/span><\/p>\n The exponential growth of <\/span>blockchain<\/span><\/a><\/strong><\/span> technologies <\/span>and artificial intelligence (AI)<\/span><\/span><\/strong> has been one of the most prominent <\/span><\/span>trends<\/span><\/span><\/strong> in the world of technology in <\/span><\/span>recent years.<\/span><\/span><\/strong><\/p>\n <\/p>\n In this context, <\/span><\/span>the recent partnership announced by <\/span><\/span>CoinTelegraph<\/span><\/span><\/a> between EigenLayer and Ritual<\/span><\/span><\/strong> promises to open new frontiers in the development of <\/span>AI-enabled <\/span><\/strong><\/span>decentralized applications<\/span><\/span><\/strong> (DApps).<\/span><\/span><\/p>\n EigenLayer,<\/span><\/span><\/strong> recognized as <\/span><\/span>the largest replenishment protocol on Ethereum by total value locked (TVL)<\/span><\/span><\/strong>, joins <\/span><\/span>Ritual, <\/span><\/span><\/strong> an AI-focused community network<\/span><\/span><\/strong>, to integrate AI capabilities into the Ethereum ecosystem.<\/span><\/span><\/p>\n This collaboration <\/span><\/span>primarily aims<\/span><\/span><\/strong> to introduce a <\/span><\/span>new generation of intelligent DApps,<\/span><\/span><\/strong> including <\/span><\/span>intelligent agents, AI-powered decentralized finance (DeFi) applications, and autonomous media generation.<\/span><\/span><\/strong><\/p>\n One of the <\/span><\/span>key products<\/span><\/span><\/strong> expected from this <\/span><\/span>partnership is Infernet,<\/span><\/span><\/strong> which will enable smart contracts to access AI models cost-effectively and natively.<\/span><\/span><\/p>\n This represents <\/span><\/span>a significant advancement in the ability of DApps to leverage AI capabilities<\/span><\/span><\/strong> without relying on costly or centralized external solutions.<\/span><\/span><\/p>\n Furthermore, the integration between EigenLayer and Ritual not only seeks <\/span><\/span>to empower DApps with AI capabilities,<\/span><\/span><\/strong> but also <\/span><\/span>ensure security and decentralization.<\/span><\/span><\/strong><\/p>\n\n
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EigenLayer will provide Ethereum-level replenishment security to the Ritual network<\/span><\/span><\/h2>\n