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Ethereum Price Analysis & Lightchain Protocol AI Outlook into Mid-December
- Lightchain AI, a blockchain platform that incorporates artificial intelligence, has attracted attention for its presale which is offering tokens at $0.003 compared to Ethereum’s $3,835.
- The presale reflects Lightchain AI’s ‘Proof of Intelligence’ consensus, which rewards the owners of nodes that undertake AI training and optimisation, unlike Ethereum’s Proof of Stake mechanism.
- The Lightchain AI’s blockchain also includes an Artificial Intelligence Virtual Machine for app builders, enabling AI-powered applications without compromising blockchain security.
- Privacy is a focus for Lightchain, with its privacy-first decentralised operations a big selling point for firms managing sensitive data.
- This is compared to Ethereum’s public ledger approach, though the firm is working on ‘Rollups’ to address scalability issues.
- In terms of investment opportunities, Lightchain’s low token price could appeal to those on a budget and the platform could well have a role to play in industries beyond finance.
- Ethereum, meanwhile, continues to enjoy a dominant developer community and thousands of dApps, and ongoing efforts are being made to reduce its environmental impact.
- Both platforms have their advantages and disadvantages, and savvy investors may well look to hedge their bets and diversify their portfolios between the two.
- As with all investments, theNewsCrypto encourages its readers to make decisions based on their own research.
- Lightchain AI’s ICO launched earlier this week and closes on 18 December
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