What is Matrix AI Network?
The Matrix platform is built entirely by Artificial Intelligence (AI) technologies to create flexible, secure and safe blockchain networks. Due to AI technologies, Matrix allows anyone to design smart contracts without prior skills, ensures blockchains are secure from threats, enables faster transactions and a flexible integration of public and private chains.
The platform adopts a hybrid of Proof of Stake and Proof of Work as their consensus algorithm. Through random clustering, Matrix will address the issue of speed-a common problem in traditional blockchains. Besides, to eliminate machine-human barrier, they shall make use of AI which instead converts normal human descriptions into smart contracts. There is no technical expertise for one to create smart contracts in this platform.
Matrix is an open source blockchain that is public but integrates private chains into the network. The platform native token, MAN is ERC20 compliant and with a total supply of 250 million and a circulating supply of 50 million. The holders of these tokens can trade them on the exchange platforms that support MAN tokens or between each other.
Since Proof of Work is one of the adopted consensus mechanism, MATRIX requires to be mined.