by Lydia Ludmila 
IN BRIEF
Etherscan, a popular Ethereum block explorer, has announced the addition of ChatGPT to its suite of tools for analyzing the coin’s blockchain. The new tool, Code Reader, uses the ChatGPT API to provide users with the ability to retrieve and interpret the source code of a specific contract address.
Artificial intelligence and machine learning have been steadily making their way into various facets of life, and the integration of ChatGPT into Etherscan is the latest example of AI’s burgeoning influence on the blockchain industry. Companies like Etherscan, Alchemy, and Solana Labs are pushing the boundaries of what’s possible by employing AI technologies to analyze complex and intricate blockchain systems.
Blockchain exploration is still learning how to use AI effectively, and just like any emerging technology, it presents challenges that need addressing. One of the most pressing issues is the potential for AI systems to generate incorrect information. OpenAI’s ChatGPT, while sophisticated, can occasionally ‘hallucinate’ or create false information. This is a hurdle that developers will need to surmount to ensure the accuracy and reliability of AI-based blockchain exploration tools.
ChatGPT’s integration into Etherscan’s Code Reader is key. It’s a significant step in the industry. This innovation rapidly and efficiently analyzes Ethereum source code. Early user feedback is crucial to refine these tools.
AI technology continues to evolve and improve. We anticipate its wider use in blockchain exploration. Etherscan and similar companies are leading this charge. This new frontier in blockchain technology is exciting. The evolving landscape will be interesting to monitor.
