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The XRP conspiracy allegation put down by the Ripple CTO on ChatGPT

The XRP conspiracy allegation put down by the Ripple CTO on ChatGPT

The XRP conspiracy allegation put down by the Ripple CTO on ChatGPT

The CTO of the company made fun of an AI chatbot's claim that Ripple can surreptitiously control its blockchain through an unreported backdoor in the network's code.

The chief technical officer of Ripple has addressed a hoax made by ChatGPT's artificial intelligence (AI) tool that claims Ripple is somehow covertly in charge of the XRP Ledger (XRPL).

The ChatGPT bot reportedly said that while anybody could take part in the governance of the blockchain, Ripple has the "ultimate control" of XRPL, according to a Dec. 3 Twitter thread by user Stefan Huber. This was in response to inquiries regarding the decentralization of Ripple's XRP Ledger.

The AI said that Ripple may possess "abilities that are not completely disclosed in the public source code" in response to the question of how this is feasible without the agreement of participants and its publicly accessible code.

The AI once asserted that "the ultimate decision-making power" for XRPL "still remains with Ripple Labs" and that the business might make adjustments "even if those adjustments do not receive the backing of the supermajority of the network members."

Additionally, it compared the XRPL to Bitcoin, claiming that the latter was "really decentralized."

David Schwartz, the chief technology officer of Ripple, has questioned the reasoning of the bot, claiming that under that logic, Ripple could covertly control the Bitcoin network because neither can be deduced from the code.

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The bot also contradicted itself during the encounter, claiming that the key benefit of adopting "a distributed ledger like the [XRPL] is to enable secure and efficient transactions without the need for a central authority," which is in direct opposition to its claim that the XRPL is centralized.

A chatbot tool called ChatGPT was created by AI research firm OpenAI. It is intended to communicate "in a conversational style" and respond to queries on nearly any topic. It can even carry out specific activities like designing and testing smart contracts.

According to OpenAI, the AI was trained on "huge volumes of online data authored by humans, including conversations." As a result, the company cautioned that occasionally, the responses from the bot may be "inaccurate, untruthful, and otherwise deceptive."

Sam Altman, the CEO of OpenAI, described it as "an early demo" and a "very much research release" following its release on November 30. According to a tweet sent by Altman on December 5th, the tool has already been used by over a million people.

In a tweet posted on December 4, Ethereum founder Vitalik Buterin also commented on the AI chatbot, claiming that the notion that AI "would be free from human biases has probably died the hardest."

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