I do not understand why Singularity is launching HYPC as

Question

I do not understand why Singularity is launching HYPC as

ERC-20 and a BEP-20 token only but not as a Cardano native asset. AGIX staking on cardano was promised on testnet late last year. Nothing happened. Delay after delay. Is SingularityNet not longer focusing on Cardano as main blokchain?

#cryptocurrency #english #singularitynet

0

08.05.2023

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ben goertzel

The truth is that development on Cardano chain is not so fast at this point. We are not the only folks to discover this. Staking of AGIX on Cardano has been basically done for a long time, but minor issues keep popping up in audits and then taking time to fix. It's not about Haskell, which we're good at, just that the Plutus framework is still young and rough around the edges in some ways although very solid at the core. About the launch of HYPC, this was basically a short term practical decision. We have been doing ecosystem token sales largely via launchpads lately, and we didn't find any Cardano launchpads able to jump into action on the specific time-scale that we wanted for the Hypercycle token sale. In today's multi-chain world, using or not using a certain chain for the very early stage of a project (e.g. at the time of an initial token sale) doesn't really have to connect closely with using or not using that chain for the later , fully featured versions of the actual product. To understand current thinking on the connection of HYPC to Cardano, look at the updated version of the HyperCycle whitepaper. Regarding the port of SNet marketplace to Cardano, this will need a more complete Hydra head protocol than what is currently being released w/ HydraPay. Realizing the tight connection of Cardano and HypC that's envisioned in the HypC whitepaper will also require at very least a more complete head protocol as well (we can probably work around the lack of a Hydra tail protocol by making systems where only the head nodes run Plutus and the tail nodes are pure HypC nodes running MeTTa as a smart contract language...) The path to MeTTa as a smart contract language is being accelerated via the work Greg. Meredith and team are doing w/ source-to-source translatoin of MeTTa into an upgraded version of Rholang, the language that underlay the Rchain blockchain. For some AI purposes we need a native MeTTa interpreter but for other purposes we can compile MeTTa into Rholang and get more desirable properties (e.g. super-efficient concurrent processing, and smart contract functionality)

0

09.05.2023

Peter E | @peter_ce - always verify username · Accepted Answer

Peter E | @peter_ce - always verify username

It's still being worked on, and indeed with delays. The q1 operations update blog touched on this.

0

08.05.2023

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I do not understand why Singularity is launching HYPC as

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