Just looking into $BLKH (Black Hole Protocol) on Base. They just launched V7 for AI privacy. At a $637K FDV with an audit on the way, this feels super early.

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I have been looking into projects that combine artificial intelligence and cryptocurrency and I found Black Hole Protocol ($BLKH). This project is working on creating a system for artificial intelligence agents to make transactions on Base. What I understand far is that most artificial intelligence agents interact with each other in a way that is visible to everyone on the network including when they make payments and exchange data. Black Hole Protocol is trying to make these interactions private by using a technology called zero-knowledge. Some recent developments with Black Hole Protocol include: * They have put out version 7 on the Base mainnet * They have a way for people to make private deposits called ShieldedPoolV7 * They have a way to split up balances into pieces called BlackHoleFactoryV7 * They have a way for people to make private trades called BlackHoleRouterV7 * The team says they will be releasing the results of an audit soon What really caught my attention is the value of the project. Now it is worth around $637,000, which is a lot smaller than other projects that are also focused on privacy for artificial intelligence agents. However there are some risks to consider: * The team behind the project is anonymous * The results of the audit have not been made public yet * It is very hard to buy and sell the projects token * The price of the token has already gone down a lot from its high * The projects success depends on the growth of the intelligence agent ecosystem as a whole I have a few questions for people who have looked into Black Hole Protocol: Do you think artificial intelligence agents will need to have transactions in the future? Is there really a need for artificial intelligence agents to be able to make encrypted payments and complete tasks? Are there projects that are solving this problem in a better way? I am interested in hearing what people think whether they are positive or negative, about the project. I want to note that this is not advice I am just sharing what I have learned and looking for a discussion.   submitted by   /u/pikchu1708 [link]   [comments]