HyperCycle, an emerging blockchain project, has successfully registered 347,000 computational nodes on its network, as confirmed by CEO Toufi Saliba. The project aims to create “the internet of AI” and eventually achieve the decentralization of artificial general intelligence (AGI). SingularityNET founder Ben Goertzel, who serves as the project’s chief AI scientist, developed HyperCycle because existing blockchains lack the necessary speed and coordination for AI applications. HyperCycle employs the Toda communication protocol, proof-of-reputation, modified proof-of-work, and Cardano’s Hydra. Saliba stated that each transaction is finalized within 300 milliseconds. At the Beneficial AGI Summit in Panama, Saliba cautioned that AGI could become a superintelligence, granting immense power to a centralized company or authoritarian state that develops it first. He believes that decentralized governance is crucial for the safe development of beneficial AGI. Currently, HyperCycle focuses on facilitating connections between AI businesses. Each HyperCycle node includes a virtual machine, transaction machine, and AI machine, allowing an average of 150 AI agents per node to interact and transact with each other. Saliba provided an example of an AI app using a smart contract microtransaction to pay for a language-specific OCR service. HyperCycle already has a well-known deepfake video app utilizing its network. The project’s scalability remains uncertain, but Saliba believes that connecting AIs to collaborate could potentially lead to AGI. He envisions the network as a giant brain, where each AI node functions as a neuron. By spreading these nodes worldwide, the network’s collective intelligence could achieve AGI as an emergent property.
HyperCycle's 370K nodes enlisted to safeguard humanity from AGI peril