It's Time To Fuck Shit Up With Arthur Hayes As He Joins Covalent Bringing Ethereum Verifiability To AI
The former BitMEX CEO will be joining forces with Covalent to shape the future of Ethereum and Decentralized AI through enhancing data availability.
Covalent, the premier blockchain data infrastructure, today announces its new strategic advisor Arthur Hayes, Co-Founder of BitMEX and Chief Investment Officer of Maelstrom. This partnership will further secure Ethereum’s historical data preservation, ensuring accessibility and transparency to the ecosystem’s full history.
Ethereum data is provably decentralized but its data is not verifiably structured, this can be expensive and inefficient and not viable for AI training and inference. The Ethereum Wayback Machine guarantees that all Ethereum and EVM rollup data will shape AI with a preformat and verifiably secure pipeline. This pipeline allows AI developers and users to access all onchain history bringing as of yet unknown technological unlocks—addressing current concerns around AI safety. This blockchain data, specifically blobs and later other forms are only available for two weeks before it is permanently deleted. The EWM serves as the gateway to permanent Ethereum data.
“Long term data availability is crucial to securing a decentralized future with the uncertainty around AI. The EWM positions Ethereum for AI with a new level of security and transparency. I’m thrilled to be part of the Covalent team and play my part in building the best data infrastructure that will ultimately fuel scalability and true decentralization.”
As one of the most influential figures in the blockchain space, Hayes aims to secure AI with Ethereum. Covalent’s mission with the EWM is clear, AI without verifiable data will lead to inconsistencies, inaccuracies and a deep mistrust in society. However, safe AI with quality structured data, without relying on centralized intermediaries will power functions such as automated financial management.
“From day one, Covalent has been committed to preserving Ethereum’s data history and maintaining its integrity. Now with his extensive background, Hayes’ passions and radical vision are aligned with our relentlessness to grow and excel, positioning Covalent as the leading Ethereum-based data infrastructure for AI.”
Covalent has been building the most robust data infrastructure to improve data accessibility and empower blockchain innovation since 2019. The first solution to introduce long term data availability, Covalent’s goal is to make all blockchain data verifiable and accessible at all times.
