The Crypto Roundup: 20 June 2023 | CryptoCompare.com

The Crypto Roundup: 20 June 2023 | CryptoCompare.com

Source Node: 2141003

Ethereum blockchain explorer Etherscan has launched an innovative artificial intelligence-based tool to help users interpret the source code of smart contracts. The tools, based on OpenAI technology, allow users to ask for an explanation of the source code of smart contracts.

The tool also lets users retrieve the “read” and “write” functions of a smart contract, empowering users to make informed decisions when interacting with smart contracts and potentially sparking novel applications in the decentralized finance realm.

The introduction of this AI tool comes amid a surge of interest in artificial intelligence within the blockchain and cryptocurrency sectors. This wave of enthusiasm was largely prompted by the success of OpenAI’s ChatGPT, a technology that Bybit, a cryptocurrency exchange, incorporated into its trading platform last week.

Etherscan cautions that the tool, known as Code Reader, is designed primarily for informational use. Users are urged to corroborate the tool’s answers rather than solely relying on them for tasks such as identifying evidence or submitting bug bounties.

To access Code Reader, users need to connect to OpenAI’s API, subject to adequate usage limits. The tool doesn’t allow for conversation threads as it is.

Time Stamp:

More from CryptoCompare