OpenAI’s newest version of Chat GPT-4 taking the crypto world by storm
Chat GPT-4 significantly out-performs the previous version of the language model in test scores — analysts predict huge impact on blockchain.
Former director at Coinbase, Conor Grogan, reported that GPT-4 could identify multiple “security vulnerabilities” and explain how to exploit them when he inserted a live Ethereum smart contract into the AI tool.
Previous audits of smart contracts on ChatGPT’s earlier version also showed it could detect code bugs to some extent.
I dumped a live Ethereum contract into GPT-4.
In an instant, it highlighted a number of security vulnerabilities and pointed out surface areas where the contract could be exploited. It then verified a specific way I could exploit the contract pic.twitter.com/its5puakUW
— Conor (@jconorgrogan) March 14, 2023
Founder of The Rundown, Rowan Cheung, also shared a video of GPT-4 transcribing a hand-drawn website into code.
I just watched GPT-4 turn a hand-drawn sketch into a functional website.
This is insane. pic.twitter.com/P5nSjrk7Wn
— Rowan Cheung (@rowancheung) March 14, 2023
ChatGPT can be utilized for cryptocurrency trading, utilizing real-time market and price data to make decisions. The platform enables investors and traders to benefit from the fluctuations of various cryptocurrencies, with the option to interact with GPT-3’s AI through a chat interface — making it possible to receive immediate responses to queries or provide relevant information.
ChatGPT and cryptocurrency trading
On Twitter, a user demonstrated how they utilized Pine Script, a programming language for TradingView financial software, to develop a basic trading bot with the assistance of ChatGPT.
Should I try running this chatGPT generated crypto trading algorithm? pic.twitter.com/0xlFoTNYdL
— Guy 🦇🔊 (@wholisticguy) December 5, 2022
A different Twitter user utilized ChatGPT script code to instruct the AI to develop a trading terminal that can present current BTC/USDT trading pair orders on Binance, leveraging the exchange’s API.
ChatGPT-4 and smart contract creation
ChatGPT developers envision a future where artificial intelligence (AI) can aid smart contract developers in their work. One potential application is the use of smart contracts and AI to automatically enforce payment terms or release funds upon the completion of specific conditions, as mentioned in a tweet by Isaac Py, a developer of ChatGPT.
In test scores shared on March 14 by Chat GPT’s creator OpenAI,“It passes a simulated bar exam with a score around the top 10% of test takers. In contrast, GPT-3.5’s score was around the bottom 10%.”
According to the data, GPT-4 obtained a score of 163 on the LSAT exam, which places it in the 88th percentile. The LSAT exam is a requirement for admission to law school in the United States.