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ChatGPT can’t beat human smart contract auditors yet: OpenZeppelin’s Ethernaut challenges

While ChatGPT-4 can’t compete with human auditors yet, OpenZeppelin noted it was not optimized to do so, and AI models trained for this purpose would likely be more accurate.

While generative artificial intelligence (AI) is capable of doing a vast variety of tasks, OpenAI’s ChatGPT-4 is currently unable to audit smart contracts as effectively as human auditors, according to recent testing.

In an effort to determine whether AI tools could replace human auditors, blockchain security firm OpenZeppelin’s Mariko Wakabayashi and Felix Wegener pitted ChatGPT-4 against the firm’s Ethernaut security challenge

Although the AI model passed a majority of the levels, it struggled with newer ones introduced after its September 2021 training data cutoff date, as the plugin enabling web connectivity was not included in the test.

Ethernaut is a wargame played within the Ethereum Virtual Machine consisting of 28 smart contracts — or levels — to be hacked. In other words, levels are completed once the correct exploit is found.

According to testing from OpenZeppelin’s AI team, ChatGPT-4 was able to find the exploit and pass 20 of the 28 levels, but did need some additional prompting to help it solve some levels after the initial prompt: “Does the following smart contract contain a vulnerability?”

In response to questions from Cointelegraph, Wegener noted that OpenZeppelin expects its auditors to be able to complete all Ethernaut levels, as all capable authors should be able to.

While Wakabayashi and Wegener concluded that ChatGPT-4 is currently unable to replace human auditors, they highlighted that it can still be used as a tool to boost the efficiency of smart contract auditors and detect security vulnerabilities, noting:

“To the community of Web3 BUIDLers, we have a word of comfort — your job is safe! If you know what you are doing, AI can be leveraged to improve your efficiency.“

When asked whether a tool that increases the efficiency of human auditors would mean firms like OpenZeppelin would not need as many, Wegener told Cointelegraph that the total demand for audits exceeds the capacity to provide high-quality audits, and they expect the number of people employed as auditors in Web3 to continue growing.

Related: Satoshi Nak-AI-moto: Bitcoin's creator has become an AI chatbot

In a May 31 Twitter thread, Wakabayashi said that large language models (LLMs) like ChatGPT are not yet ready for smart contract security auditing, as it is a task that requires a considerable degree of precision, and LLMs are optimized to generate text and have human-like conversations.

However, Wakabayashi suggested that an AI model trained using tailored data and output goals could provide more reliable solutions than chatbots currently available to the public trained on large amounts of data.

AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more

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Flare integrates blockchain API on Google Cloud Marketplace

Google Cloud Marketplace adds support for nine different blockchain APIs, including Bitcoin and Ethereum, through integration with layer-1 Oracle network Flare.

Layer-1 Ethereum Virtual Machine (EVM) blockchain platform Flare has integrated its application programming interface (API) portal on Google Cloud Marketplace, onboarding a number of significant blockchain APIs to the ecosystem.

The integration of Google Cloud Marketplace will provide high-integrity blockchain data from Flare nodes and connected chain nodes to a large pool of developers and users of the software products and services platform. This includes blockchain APIs for Algorand, BNB Smart Chain, Bitcoin, Dogecoin, Ethereum, Flare, Litecoin, Songbird, XRP ledger and future-supported blockchain APIs.

Blockchain APIs are touted to free developers from having to run their own nodes for the respective blockchains they are interacting with. The data supplied powers applications that execute transactions and query the latest state of a blockchain by calling up on-chain data.

Flare highlights blockchain APIs as valuable for building cross-chain applications that query various data sources, including major cryptocurrency exchanges and wallets that use its API portal.

A statement from Flare’s vice president of engineering Josh Edwards highlighted that the provision of blockchain APIs to platforms like Google Cloud Marketplace will play a role in increased Web3 participation:

“It makes it easier for developers to experiment with blockchain technology and its many use cases without being burdened by onerous hardware costs and ongoing maintenance.”

Edwards also suggested that larger organizations and partners making use of Google Cloud Marketplace would potentially experiment with the secure and approved Web3 APIs.

The EVM-based layer 1 aims to extend the utility of blockchain technology by providing data from various chains and Web2 sources, which could climb to over 100 chains that form Flare’s oracle.

Related: Google Cloud broadens Web3 startup program with 11 blockchain firms

Flare’s integration comes just days after Polygon Labs and Google Cloud announced a multiyear partnership for the cloud computing service provider to boost the Ethereum scaling protocol’s tools and infrastructure development.

The deal sees Google Cloud’s framework and developer tools provided to Polygon’s core protocols, aimed at fostering the development of Web3 products and decentralized applications on Polygon.

Google Cloud’s partnership with the ecosystem is expected to advance Polygon’s zero-knowledge development. Testing of Polygon zkEVM’s zero-knowledge proofs on Google Cloud reportedly resulted in faster and cheaper transactions compared to the existing infrastructure available.

Magazine: Here’s how Ethereum’s ZK-rollups can become interoperable

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Uniswap proposal to launch on Polygon zkEVM is set to pass

All 191 UNI token holders voted in favor of the proposal to launch the DEX on Polygon's zkEVM.

Decentralized exchange (DEX) Uniswap is seemingly set to launch on the new zero-knowledge Ethereum Virtual Machine (zkEVM) roll-up solution from scaling solution provider Polygon.

While Uniswap (UNI) token holders have until April 14 at 9:05 pm UTC to vote on the proposal to launch Uniswap v3 on the zkEVM, the 40 million vote threshold needed for the proposal to pass it has already been reached — with over 42.4 million votes recorded in favor of the integration.

All 191 Ethereum addresses voted in favor of the proposal with financial modeling platform Gauntlet and Ethereum infrastructure provider ConsenSys leading the voting tally with over 7 million votes each according to Tally, a voting dashboard for decentralized finance projects:

Top votes in favor of integrating Uniswap v3 on Polygon zkEVM. Source: Tally

The author of the proposal, Polygon Business Development Lead Jack Melnick, explained that now is the “right moment” to make Uniswap v3 available on Polygon’s zkEVM because it is “EVM equivalent” — meaning that there is no need to recompile EVM smart contracts:

“There’s significant value in Uniswap being available on an EVM compatible ZK rollup. Deploying early on zkEVM helps solidify Uniswap’s place as the number one DEX and a thought leader.”

The integration will also provide validation and fast finality of off-chain transactions, said Melnick.

In addition, the high level of adoption that Polygon has managed to harness makes integrating on Polygon’s zkEVM a “priority,” he explained.

As for what factors will make this deployment a boom or bust, Melnick pointed to several key on-chain metrics:

“A successful zkEVM deployment will, in an organic and sustained manner, grow Uniswap’s Total Addressable Market across TVL, unique interacting wallet, volumes, and integration with partner dApps.”

“As demand for zk-blockchains and proximity to Ethereum rises, users and builders will increasingly look to zkEVM solutions to build and trade,” he added.

Melnick is confident the integration will pose “minimal risks” at least “relative” to other blockchains because the Polygon zkEVM uses zero-knowledge proofs to inherit Ethereum’s security.

The Polygon Bridge has been “disintermediated” and data will be sourced from “reputable” Oracle providers, Melnick added, which he expects will only strengthen security at the protocol level.

Polygon’s zkEVM had its official mainnet launch on March 27.

Related: Uniswap’s first governance vote fails... Despite 98% support

In a similar move, Uniswap v3 integrated with the BNB Chain — a smart contract blockchain built by Binance — on March 15.

The governance vote wasn’t as stark though, as only 65% voted in favor of the proposal.

United States venture capital firm Andreessen Horowitz (a16z) — the largest UNI token holder — voted against the BNB proposal with its 15 million UNI tokens.

Magazine: ZK-rollups are ‘the endgame’ for scaling blockchains, Polygon Miden founder

Exploring the Rise and Impact of Restaking

Breaking: Shanghai upgrade executed on testnet but not without issues

Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain.

The Shapella hard fork has been executed on the Goerli testnet — the last test run before Ethereum validators will be able to withdraw their Ether (ETH) from the Beacon Chain.

There were, however, issues with the hard fork. Ethereum core developer Tim Beiko noted that while deposits were being processed, the process didn’t run as smoothly as it could have because several testnet validators didn’t upgrade their client software before the Goerli fork.

He blamed it on testnet validators having “less incentive” to make the upgrade given that the Goerli “ETH is worthless” but expects validators to make proper adjustments ahead of the fork on the Ethereum mainnet.

Through Ethereum Investment Proposal EIP-4895, staked ETH from the Beacon Chain will be “pushed” to the execution layer.

While the Shapella upgrade comprises five different EIPs, EIP-4895 has been by far the most anticipated one, as it moves Ethereum one step closer to a fully functional proof-of-stake system.

Shapella is now expected to take effect on the Ethereum mainnet in early April.

Related: Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH's layer 1 dominance.

The execution on Goerli was shared in a March 15 live stream by EthStaker on YouTube.

This is a developing story, and further information will be added as it becomes available.

Exploring the Rise and Impact of Restaking

Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents

Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum ProponentsThe Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as a sovereign rollup. However, some Ethereum proponents have expressed dissatisfaction with the technology being […]

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Two Ethereum Rivals Soar 93% and 45% in Just One Week, Far Outpacing Bitcoin and Crypto Markets

Two Ethereum Rivals Soar 93% and 45% in Just One Week, Far Outpacing Bitcoin and Crypto Markets

Two Ethereum (ETH) rivals are skyrocketing this week, far outpacing both Bitcoin (BTC) and the crypto markets in general. Filecoin (FIL) and Conflux (CFX) have risen 93% and 45% respectively during the last seven days, continuing the defy crypto market trends. Last week, the development team behind Conflux, China’s sole regulatory-compliant blockchain, announced a partnership […]

The post Two Ethereum Rivals Soar 93% and 45% in Just One Week, Far Outpacing Bitcoin and Crypto Markets appeared first on The Daily Hodl.

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Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility

Eclipse to Launch Rollup Blockchain for Polygon Network with Solana CompatibilityCustomizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily migratable to the Polygon Sealevel Virtual Machine (SVM). How Eclipse’s L2 Scaling Concept Hopes to […]

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Altcoin Backed by Bitcoin Billionaires Surges 35% As Crypto Project’s ‘Groundbreaking’ Update Nears

Altcoin Backed by Bitcoin Billionaires Surges 35% As Crypto Project’s ‘Groundbreaking’ Update Nears

An altcoin backed by a pair of famous Bitcoin (BTC) billionaires is surging as the crypto project’s upgrade rapidly approaches. New data reveals that storage-focused blockchain Filecoin (FIL), which is backed by the Winklevoss twins, is skyrocketing as the protocol’s groundbreaking update looms. Filecoin climbed from a 24-hour low of $5.40 to $7.77, an increase […]

The post Altcoin Backed by Bitcoin Billionaires Surges 35% As Crypto Project’s ‘Groundbreaking’ Update Nears appeared first on The Daily Hodl.

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Polygon (MATIC) Is Poised to Outperform Bitcoin, Says Crypto Analyst – Here’s the Timeline

Polygon (MATIC) Is Poised to Outperform Bitcoin, Says Crypto Analyst – Here’s the Timeline

A widely followed analyst says that the Ethereum (ETH) layer-2 scaling solution Polygon (MATIC) is setting the stage to outperform king crypto Bitcoin (BTC). Pseudonymous crypto analyst Pentoshi tells his 675,500 Twitter followers that a key upgrade to the Polygon blockchain project will send its price soaring. Polygon Labs announced that on March 27th it will […]

The post Polygon (MATIC) Is Poised to Outperform Bitcoin, Says Crypto Analyst – Here’s the Timeline appeared first on The Daily Hodl.

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Chiliz launches layer-1 blockchain to expand fan token ecosystem

Fan token platform Chiliz validates the genesis block of its new layer-1 EVM compatible blockchain to mark its five year anniversary.

Five years on from its inception, fan token platform Chiliz has launched its own layer-1 Ethereum Virtual Machine (EVM) compatible blockchain ecosystem to support its growth.

Chiliz’s fan token ecosystem has long been powered by Ethereum-based ERC-20 tokens, but the validation of the Chiliz ‘2.0’ Blockchain genesis block sees the ecosystem shift to its own layer 1. 

The new blockchain uses a system of 11 active validators with Proof of Stake Authority (PoSA) consensus, which is touted to provide faster block times, lower fees and energy usage. 

According to the project’s documentation, Chiliz Chain 2.0 is a hard fork of BSC which itself is a go-Ethereum fork. This means that the new layer-1 is EVM compatible, which is aimed to attract DApp developers to build within the environment.

Chiliz has made waves in the sport and entertainment space through its fan token app Socios.com. The platform works with some of the biggest teams and brands in the sporting world, with major football teams like Barcelona, PSG, Manchester City, Arsenal and Juventus making use of its fan token platform.

Related: Socios boss’ goal? To knock crypto out of the park

The platform allows brands, teams and individuals to mint nonfungible tokens (NFTs), fan tokens and Web3-ready tickets as well as develop DApps and Web3 based experiences and products.

Cointelegraph spoke to Socios CEO Alexandre Dreyfus back in November 2022 at Web Summit in Lisbon about the upcoming launch of the Chiliz ‘2.0’ Blockchain. As he explained, the Chiliz chain already existed but was deliberately kept as a private ecosystem. At the time, it had over 1.7 million wallets that participated in the issuance, minting and trading of fan tokens.

The launch of Chiliz ‘2.0’ marks the transition to a ‘real open layer-1’ as Dreyfus told Cointelegraph, with on-chain governance holding the power to whitelist certain nodes and developers to issue assets.

“What does it mean? It means that you cannot have a fake NFT, a fake fan token or whatever.”

The CEO said that a patient approach, which allowed brands and franchises to maintain control of their image and property rights, was an important factor in the growth of its ecosystem over the past five years. The launch of open Chiliz Blockchain is also aimed to hand back value to ecosystem participants:

“It's a chain where mainly sports brands are going to govern, let’s say Barcelona or PSG, are going to become a node and stake their CHZ to get rewards and participate in the growth of the network.”

The sports industry continues to see synergies with blockchain-based firms. In January 2023, blockchain fantasy sports firm Sorare sealed a deal with the English Premier League to mint Ethereum-based digital player cards on its platform.

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