Polygon Launches ChatGPT-based Copilot Chatbot

The creator of the Ethereum scaling solution plans to introduce Polygon Copilot with ChatGPT integration.

Polygon: Review

Polygon (formerly Matic Network) is a Layer 2 scaling solution for Ethereum. It uses a variety of techniques to increase the speed and reduce the cost of transactions on the Ethereum network. Polygon is a popular choice for developers who want to build decentralized applications (dApps) on Ethereum.

Key features of Polygon:

  • Scalability: Polygon can process up to 7,000 transactions per second, which is much faster than the Ethereum main net.
  • Cost-effectiveness: Polygon transactions are much cheaper than Ethereum transactions.
  • Efficiency: Polygon uses a variety of techniques to reduce the energy consumption of Ethereum transactions.
  • Compatibility: Polygon is compatible with the Ethereum Virtual Machine (EVM), which means that dApps built on Ethereum can be easily ported to Polygon.

Polygon is a growing ecosystem with a wide variety of dApps built on top of it. Some of the most popular dApps on Polygon include:

  • Aave
  • SushiSwap
  • Curve Finance
  • 1inch
  • SushiSwap
  • QuickSwap
  • Balancer
  • 0x Protocol
  • Uniswap

Polygon is a promising Layer 2 scaling solution for Ethereum. It is scalable, cost-effective, and efficient. It is also compatible with the Ethereum Virtual Machine, which makes it easy for developers to port dApps from Ethereum to Polygon.

Here are some of the benefits of using Polygon:

  • Faster transactions: Polygon can process transactions much faster than the Ethereum main net. This means that users can experience faster speeds when using dApps on Polygon.
  • Lower fees: Polygon transactions are much cheaper than Ethereum transactions. This means that users can save money when using dApps on Polygon.
  • More secure: Polygon uses a variety of security measures to protect user funds. This makes it a more secure platform for users to use dApps.
  • More decentralized: Polygon is a decentralized platform. This means that users have more control over their funds and data.

Overview:

Polygon announced the launch of Polygon Copilot, an AI-driven assistant that promises to help beginners, advanced users, and analysts take their Polygon operations to the next level.

ChatGPT-4, the newest AI language model from OpenAI, is what powers Polygon Copilot. This means that Copilot can understand complex questions and provide comprehensive answers. Copilot can also provide analytics and insights across NFTs, DeFi, and wallets. It is available in three personas: Beginner, advanced, and degenerate.

Here are some of the key features of Polygon Copilot:

  • Copilot is AI-powered thanks to ChatGPT-4, one of the most sophisticated AI language models currently available. This means that Copilot can understand complex questions and provide comprehensive answers.
  • Conversational UI: Copilot uses a conversational UI, which makes it easy to interact with the chatbot. Users can simply ask questions in plain English, and Copilot will do its best to answer them.
  • Personalized: Copilot can adapt its responses to the user's level of experience. This means that beginners will get simpler answers, while advanced users will get more detailed answers.
  • Rewards: Users who report inconsistent or wrong answers generated by Copilot will be rewarded. This helps to ensure that the chatbot is always providing accurate information.

Polygon Copilot is still under development, but it has the potential to be a valuable resource for users of the Polygon blockchain platform. It can help users learn about Polygon, get help with tasks, and stay up-to-date on the latest developments in the web3 space.

Read More: 13 Best ChatGPT Chrome Extensions for Productivity

The benefits of using Polygon Copilot:

  • Easy to use: Copilot is easy to use, even for beginners.
  • Comprehensive answers: Copilot can provide comprehensive answers to complex questions.
  • Personalized responses: Copilot can adapt its responses to the user's level of experience.
  • Rewards: Users who report inconsistent or wrong answers generated by Copilot will be rewarded.

The creator of the Ethereum scaling solution plans to introduce Polygon Copilot with ChatGPT integration. On Wednesday, June 21, Polygon released a statement saying it will be releasing an AI assistant called Copilot, which would employ OpenAI's ChatGPT to improve the user experience.

Polygon's Conversational UI was Upgraded by an AI Helper

With this decision, Polygon joins the growing list of Web3-based businesses using AI. According to the blockchain scaling solution, the AI-powered interface will help enthusiast users unlock the world of interactions by using inquisitive prompts.

Polygon's conversational UI for its AI helper is aimed at professional builders and represents a giant leap forward in terms of usability. It validates Polygon's expertise in providing scaling and interoperability solutions for the development of Ethereum-compatible blockchains.

Polygon later tweeted that the difficulty of navigating the broad dApps ecosystem in the wake of zero knowledge-powered scalings was the reason for the incorporation of AI assistance chatbots.

Polygon Copilot is geared toward providing superior analytics and insights.

Polygon Copilot's release has been a long time coming, as the company only launched the final mainnet for the Ethereum-focused zkEVM solution back in March. It was a collaborative effort between the creators of the LayerE app and the AI-powered assistant's creators. LayerE's input allowed the Copilot to include support for both GPT-3.5 and GPT-4 interfaces. The intention of integrating OpenAI's interfaces into Copilot is to improve the service's capacity to provide analytics, recommendations, and insights. According to the statement released on Wednesday, the Polygon protocol documentation was used in the Copilot training.

Polygon Copilot ensures openness and precision by publishing the data sources used to compile the answers. Polygon explains that there are three distinct user experience levels available within their chatbot: Degen, Advanced, and Beginner.

Those interested in using the Polygon Copilot were told to link up a wallet. The wallet is there to help the user account do its job. Each account receives a daily credit that can be used to ask a question. Asking questions costs credits, which are added to your account every 24 hours.

According to the business, the Polygon Copilot is full of clever rejoinders. The chatbot can illustrate the top nonfungible tokens (NFTs) with the addition of personality, Drill Club specifics, and credibility.

The Copilot is similar to other platforms that use ChatGPT's technology, except it includes a disclaimer saying that the responses may not always be what they seem to be. According to the business, as the Polygon Copilot makes use of relatively new artificial intelligence technology, it can be wrong sometimes.

To prevent spamming and overload, Polygon has reduced the number of responses its Copilot chatbot generates.

Polygon Uses ChatGPT to Create an AI Assistant to Compete

Polygon has adopted AI to improve the user experience and increase productivity, just like other Web3 firms have done recently. Solana Labs, Etherscan, and Alchemy are just a few examples of companies that have implemented ChatGPT.

To facilitate blockchain research in real-time, Solana Labs released the ChatGPT plugin. Alchemy created a Web3 development version of Solana Labs' AlchemyAI for blockchain research.

The Etherscan ChatGPT Code Reader integration is the most recent to be released. The goal of the integration is to improve the readability of the Ethereum code.

Meanwhile, AI adoption is expected to spread like wildfire. The Recording Academy has just updated the regulations for the 2024 Grammy Awards to include music generated with AI tools, demonstrating this understanding.

The modified policies, released on Tuesday, June 20th, disclose that AI-assisted music will be taken into account at this year's 66th Grammy Awards.

Examining Microsoft's Security Copilot Against Competitors

The use of Copilot in Polygon is reminiscent of its use in other AI-powered consumer goods. In May, Microsoft released Security Copilot, an equivalent to GitHub's Copilot coding assistant.

Read More: ChatGPT 4: Step-By-Step to Access The Best AI

To improve threat detection within the Microsoft ecosystem, Microsoft has developed a cybersecurity tool called the Security Copilot. To enhance cybersecurity through real-time detection and prevention, the American software giant praised the use of generative AI to scan big datasets and produce meaningful patterns.

Microsoft 365 Copilot is an AI-driven engine that helps security and IT admins swiftly evaluate massive amounts of data for indicators of cyber dangers. The Security Pilot, like Polygon, uses the large language model (LLM) to react to prompts and queries.

 

 


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