The development of blockchain is held back by three obstacles:
Slowness: MATRIX AI aims to address the issue of slowness in traditional blockchain platforms by using a unique hybrid consensus mechanism that combines elements of both Proof of Work (PoW) and Proof of Stake (PoS) algorithms. This allows for faster transaction speeds and increased scalability.
Security Issues: MATRIX AI also aims to address security issues by using advanced AI technologies to detect and prevent malicious attacks on the network, such as identifying and blocking suspicious transactions. Additionally, the platform uses advanced encryption and secure communication protocols to protect user data and transactions.
Impact on environment: MATRIX AI also addresses the environmental impact by using a consensus algorithm that is energy-efficient. This is achieved by using a hybrid consensus mechanism combining PoW and PoS which is a more energy-efficient compared to traditional PoW-based blockchains, which require significant amounts of energy to maintain and secure the network.
Vision: To build a decentralized auto-functioning AI economy
Stage One: Highly efficient blockchain platform
Stage Two: Decentralized cloud computing platform
Stage Three: Digital asset authentication platform/Digital asset trading platform
Thanks to fast-growing AI technologies, MATRIX offers unique features as follows.
SAFER: Making blockchains more robust under malicious attacks.
FASTER: Enabling faster transactions and higher processing throughput.
MORE FLEXIBLE: Seamless integration of public and private chains with the capability of adaptive optimization.
Utilization: MAN coins can be used to participate in the network's consensus process, pay for transaction fees, and access advanced AI services on the MATRIX AI Network.
Governance: MAN coin holders have the right to participate in the governance of the MATRIX AI Network, including voting on protocol updates and other important decisions.
Staking: MAN coin holders can stake their coins to earn rewards by participating in the network's consensus process.
Liquidity: MAN coins are traded on several cryptocurrency exchanges, providing liquidity for investors.
Security: The MATRIX AI Network uses advanced security measures to protect the network and user's assets.
Scalability: The MATRIX AI Network aims to provide high scalability, allowing for faster and more efficient transactions.
Decentralization: The MATRIX AI Network is decentralized, allowing for a more secure and transparent way to conduct transactions and access AI services.
AI integration: The MATRIX AI Network uses advanced AI technologies to improve network performance and security, as well as to provide access to AI services.