A Hong Kong-based Matrix AI Network is developing a prototype of a new hybrid PoS/PoW consensus algorithm. This update was shared with Cointelegraph by Owen Tao, the company’s CEO. Tao described ...

AlphaTensor has already identified a new algorithm with which matrix multiplications can be carried out faster than before, as the research team explains in a paper published in the magazine Nature.

In 1969, a German mathematician named Volker Strassen discovered the previous-best algorithm for multiplying 4×4 matrices, which reduces the number of steps necessary to perform a matrix calculation.

Xuefeng Liu, Michael J. Daniels, A New Algorithm for Simulating a Correlation Matrix Based on Parameter Expansion and Reparameterization, Journal of Computational and Graphical Statistics, Vol. 15, No ...