The Jim Rutt Show
Description
Jim talks with Toufi Saliba about the Toda/IP protocol and HyperCycle, a decentralized network for AI-to-AI communication. They discuss the high-level view of Toda/IP & HyperCycle, enabling communication of value, what Toda adds on top of UDP, time & cost constraints, cryptographic proof in the first handshake, how Toda transfers value in very small quantities, how settlement occurs, who has custody of a dollar, transaction machines, where money is kept & what prevents stealing, an actual non-fungible token, fully decentralized smart contracts, whether or not Toda is an analogous to paper money in a gold standard world, Toufi's motivation for building this tech, hyperinflation in Germany in the 1920s, the currency for AI, OpenCog's AGI ASI project, why inter-operation with AI is important, wealth creation at the node level, a market in results not compute, how this helps facilitate AGI, the entire world reaching AGI vs a single entity reaching it, why Toufi thinks AGI is close, reasons for thinking decentralized AGI will happen first, how to get involved, the cost of a node, using Moloch's incentives to overthrow Moloch, learning how to run nodes, HyperCycle vs SinguarityNET, and much more.