Ethereum founder Vitalik Buterin expressed that Twitter wants to solve the bot problem.
Buterin responded to FTX CEO Sam Bankman-Fried’s proposed solution.
Vitalik Buterin Offers A Solution To The Problem Of The Social Media Giant
Ethereum founder wants to solve Twitter’s bot problem.
FTX CEO Sam Bankman-Fried recommended that messages be made on-chain to solve the social media bot problem. Bankman-Fried believes that a small amount of gas fee per message could block bot accounts.
Buterin suggested introducing a conditional burn mechanism to deal with it.
Conditional burn is better imo. Recipient should have the right to force you to burn $X (or donate it to charity), but if the recipient is happy with your message it should cost nothing.https://t.co/rTUu3DMU0v
— vitalik.eth (@VitalikButerin) October 21, 2022
“In my opinion, the conditioned combustion mechanism is better. The buyer should have the right to force you to burn $X. But if the recipient is happy with your message, it should cost nothing.”
Sam Bankman-Fried said that Buterin’s suggestion makes sense.
Bot accounts on Twitter have been a problem for a long time. After the Ethereum merge upgrade, Twitter was flooded with spambots impersonating Vitalik Buterin.
However, the Elon Musk-Twitter deal seems to have come to an end. The $44 billion giant deal is expected to be completed in the coming weeks.
Elon Musk plans to reduce the number of employees by about 75% after the deal is completed.
