Lightning Labs releases tools letting AI transact and hold Bitcoin
Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution.
On July 6, Lightning Labs announced the toolkit which helps enable AI applications such as OpenAI’s ChatGPT to interact with the Bitcoin network to send, receive and hold the cryptocurrency.
The move is to help make payments faster, cheaper and easier for AI developers who will be able to distance themselves from traditional and often prohibitive payment rails while also enabling pay-per-use AI models on Lightning.
Large Language Models (LLMs) are software applications modeled on large data sets enabling them to generate human-like responses to user prompts and conduct other tasks.
“We’re extremely excited about the new wave of innovation brought about with the latest wave of LLM models,” Lightning Labs said.
Announcing a new set of tools to build Lightning⚡and #bitcoin-powered AI products for a global audience. Using L402, a standard for API authentication with LN payments, and @langchainAI, a simplified AI app framework, we are opening up #AI4All! https://t.co/EQseanCurv
Lightning Labs explained the tools are built on the “L402 protocol” — a Lightning native authentication mechanism. It also employs “Langchain,” a library used for simplifying operations with AI applications.
The Lightning Labs team also acknowledged the problem with current LLMs, which lack native web-based payment mechanisms. AI application developers are forced to rely on dated payment methods such as credit cards with the additional expenses passed on to users, it claimed.
"A new fast-growing class of ‘organisms’ (intelligent LLM or AI Agents) are unable to easily gain access
Read more on cointelegraph.com
