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Matrix AI Network (MAN) Statistics

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Matrix AI Network

MAN

0.06898846
Price (USD)
-2.97%
24h Change
0.00001907
Price (BTC)

Cryptocurrency Information

All-Time High USD
2.0760
Since All-Time High Change
-96.68%
All-Time High Date
2018-05-03

Marketcap (BTC)
2,860.18907537
Marketcap (USD)
10,355,103.55

24h Volume (USD)
395,380.31

7d Change
-11.20%
14d Change
-0.46%
30d Change
4.80%

Circulating Supply
150,000,000
Total Supply
250,000,000

Influence Statistics

Alexa Rank
0
Facebook Likes
3663
Twitter Followers
23812

What is Matrix AI Network?

MATRIX AI Network (MAN) is a global open-source, public, intelligent blockchain-based distributed computing platform and operating system that combines artificial intelligence (AI) and blockchain. MATRIX was created to make blockchains faster, more flexible, more secure, and more intelligent.

Besides boasting an impressive 50.000 transactions per second, there are a couple of features which makes Matrix AI Network stand out from its competitors.
Matrix adopts a Hybrid PoS + PoW consensus mechanism instead of the traditional Hash computations. The mechanism makes use of value-added computation through the use of the Markov Chain Monte Carlo (MCMC) computations. This computation set is to be used as the Proof-of-Work protocol. This allows the mining process to not only generate MAN tokens but to also be used to power real-world applications. Currently being used in collaboration with Beijing cancer Research hospital to improve speed and accuracy of a cancer diagnosis.

While the project seems ambitious with the integration of a working AI in so many areas, the AI-part is already done. Matrix now only has to deliver a working blockchain solution. MATRIX will be launching several community activities after its testnet launch, including a Bug Bounty Program and a Dapp competition, as well as introducing the MATRIX Blockchain Browser and Online Wallet Prototype. Details and instructions will be shared over the coming weeks. Full manner is set to launch December 2018. The MATRIX mining machine is set to launch for sale end of the year 2018.