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SingularityNET migrating a portion of its network to Cardano from Ethereum

Amy Liu

Summary: SingularityNET is currently working with IOHK to put a significant portion of its decentralized AI network on the Cardano blockchain. In a press release, the company said that the move was driven by skyrocketing fees and congestion issues on Ethereum, as well as the lack of clarity regarding the rollout of Ethereum 2.0. A large portion of the SingularityNET ...

SingularityNET is currently working with IOHK to put a significant portion of its decentralized AI network on the Cardano blockchain. In a press release, the company said that the move was driven by skyrocketing fees and congestion issues on Ethereum, as well as the lack of clarity regarding the rollout of Ethereum 2.0. A large portion of the SingularityNET decentralized AI network will be transferred to Cardano in the following weeks, marking an important milestone both for Singularity and IOHK. 

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