Etherscan Touts ChatGPT Integration But Highlights The Chatbot's Flaws

Popular Ethereum block explorer Etherscan is folding ChatGPT into its suite of tools for analyzing the Ethereum blockchain. On Monday, Etherscan announced the launch of Code Reader, currently in beta, which integrates the ChatGPT API into its analytics platform.

"The Code Reader is a tool that leverages the power of AI to provide users with the ability to retrieve and interpret the source code of a specific contract address," Etherscan said.

A blockchain explorer, also known as a block explorer, is an online search engine used to view transactions and other information on a blockchain network. Popular block explorers include Etherscan for the Ethereum blockchain, Solscan for Solana, and Blockchain.com for Bitcoin.

Blocktrace Builds AI Chatbot to Simplify Blockchain Transaction Tracking

Scanning and analyzing a blockchain can be challenging, particularly when sorting through tens of thousands of blockchain addresses and millions of transactions. It's tedious and time-consuming and the story being told is often elusive. The Austin-based startup Blocktrace hopes that artificial intelligence can make the blockchain analysis process faster, and uncovering trends and anomolies easier. Launched in 2018 by software engineer Shaun MaGruder, whose background includes work as the head of...

Etherscan is joining an increasingly crowded club. Last week, leading blockchain platform developer Alchemy launched its ChatGPT-based tool, AlchemyAI, which includes a GPT-4 plugin for blockchain exploration. In May, Solana Labs launched its own ChatGPT plugin.

Unlike ChatGPT plugins that run on the chatbot's website, the Etherscan Code Reader runs on the Etherscan platform and requires an OpenAI API key at an additional cost separate from a ChatGPT Plus subscription.

"This is very much a Beta release—please let us know what you'd like us to add or improve!" Etherscan tweeted.

 Artificial Intelligence

Alchemy's ChatGPT Plugin Enables Easier Blockchain Analysis Via AI

OpenAI's ChatGPT is making waves in the rapidly evolving world of AI tools, prompting Web3 companies to leverage the technology for blockchain exploration. On Wednesday, leading blockchain platform developer Alchemy announced the launch of its latest project, AlchemyAI—a GPT-4 plugin for blockchain analysis. "Our idea here was to specifically cater to and train a model using ChatGPT that is Web3 development-specific," Elan Halpern, Product Manager at Alchemy, told Decrypt in an interview. A plug...

Etherscan says the tool is for informational purposes only and warns users not to take what ChatGPT says at face value, not to rely on them for evidence or bug bounties, not to rely on them for evidence or bug bounties, and always verify the responses.

This disclaimer pertains to the widespread problem of AI chatbots generating false and fake information when responding to prompts. This tendency is called hallucinating.

AI hallucinations refer to instances when an AI generates untrue results not backed by real-world data. AI hallucinations can be false content, news, or information about people, events, or facts. In May, OpenAI said it was instituting new training models to help prevent hallucinations.

Etherscan has not yet responded to Decrypt's request for comment.