Coral Protocol: Open infrastructure connecting the internet of agents
arxiv.org40 points by joj333 a day ago
40 points by joj333 a day ago
The shitcoin wave hits! It really is a pattern. I knew it the moment I saw the word “whitepaper”. It’s just like before. Always whitepaper.
I really don't understand why crypto is involved in this to begin with. I can't imagine any serious person wanting to tie their inference costs to a token price.
Thinking without idiology about it, it seems to make sense to have an autonomous agent with a wallet. A requestor could send money (in whatever form) into the wallet of the agent and would buy tokens, processing time or whatever from the agent.
We have to stop this "every position I disagree with comes from ideology" line of thinking. There are good reasons to dislike crypto: environmental cost, scam omnipresence, failure to actually decentralize anything, community toxicity, etc.
The website (coralprotocol.org) is stunningly designed, but makes no reference to anyone who is actually using this. I also think the numerous references to a crypto token that is tied into this project severely undermine any research credibility.
The roadmap is revealing. Before any actual product-related work they have these three bullet points:
- Rebrand from Ai23T → Coral Protocol
- New Token live on Solana
- Major exchange listings
What happened to “Ai23T”? Did it ship anything? Who cares! There’s a new token to list on exchanges and a new wave of hope and dreams.
These things are no different from penny stocks of 1980s except that they’re promoted globally rather than by boiler room scam callers.
So it's a re-brand of a previous coin called Ai23T or "23 Turtles" market cap is 17K, priced about $0.00001781, so doing solid. I checked the discord, no traffic whatsoever, but "CryptoKing_ETH" joined around when I did so looks like things are off to a good start. Looks like Yertle is going to the Moon.
There's an Ethereum ERC that sounds like almost the same thing: https://eips.ethereum.org/EIPS/eip-8004