Arthur Hayes Proposes FLOP Token Plan for AI Computing Network

TLDR Arthur Hayes proposed giving roughly 20% of the FLOP token supply to testnet participants over 10 years. Flop Network would price AI computing work using floating-point operations instead of model-specific tokens. Miners would earn block rewards plus fees for processing AI inference requests, a system called Proof of Useful Inference. Hayes said he self-funded [...]

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