Ethereum co-founder Vitalik Buterin has given his approval to the innovative Token for Image Tokenizer (TiTok) compression technique for its potential use in blockchain technology. TiTok, not to be confused with TikTok, significantly reduces image sizes, making them more suitable for blockchain storage. Buterin praised TiTok's blockchain capabilities on the decentralized social media platform Farcaster, emphasizing its ability to compress images into 32 bits, ideal for blockchain storage. This advancement could have a major impact on storing digital images like profile pictures and NFTs. Developed by ByteDance and Technical University Munich researchers, TiTok employs AI image compression to tokenize images efficiently. By utilizing machine learning and transformer-based models, TiTok breaks free from traditional grid constraints, resulting in more flexible and compact images. The method's ability to identify and eliminate redundant information leads to highly efficient image representations, endorsed by Buterin for its potential in the crypto world. Read more AI-generated news on: https://app.chaingpt.org/news

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