📸 Ethereum co-founder Vitalik Buterin gives a thumbs up to TiTok, a new image compression method, not to be mistaken with the dance-crazy app TikTok! Developed by ByteDance and Technical University Munich, TiTok shrinks images into 32 tiny data chunks without losing quality - perfect for storing on the blockchain. Buterin, in his Farcaster post, pointed out that "320 bits is basically a hash. Small enough to go on chain for every user.” This could be a game-changer for storing profile pictures and NFTs. So, watch out JPEG, TiTok is coming for you!