If you want to get you feet wet in programming vector databases, here is an open source github: īonus for my Earth Observation network members: vectors database are wonderful to measure proximities. This property makes their startups the stars of VCs nowadays, hundreds of millions USD raised per startup. They handle data as multidimensional vectors and are perfectly suited to handle Large Language Models (have you heard about ChatGPT?). They handle data in tables.Then you have document databases. Have you ever heard of vector databases? It’s the next generation of databases built for Machine Learning (sometimes known as “AI”).Īt the beginning you have relational databases. That's why it's not hyperbole when digital assets attorneys say that their first piece of advice to aspiring web3 innovators is to get out of the United States if they can. Because the SEC refuses to provide a path to register software, treating ether as a security would effectively make it illegal to sell to US persons, depriving us of any ability to participate in or contribute to the development of the next iteration of the internet. If ether is a security, it is unclear who would register it (since ether has no issuer) or what the registration statements would say (since Ethereum is not a company and can be upgraded by its users). You pay a bit of ether to conduct transactions on the Ethereum blockchain. McHenry: "Have you given sufficient clarity to market participants?"Įther is the gas token that powers virtually all of web3. Rep McHenry (repeatedly): "Is ether a security?" This 4-minute clip from Gensler's testimony today before the US House of Representatives Committee on Financial Services is pretty much all you need to know about the SEC's approach to crypto.
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