According to BlockBeats, Ethereum founder Vitalik Buterin introduced a new image compression mode called 'Token for Image Tokenizer' (TiTok) on the decentralized social media platform Farcaster on June 15. He stated that '320 bits are essentially a hash value. Small enough for every user to be on the chain.'
TiTok was developed by researchers from ByteDance and the Technical University of Munich. It can compress images into 32 small data blocks (bits) without losing quality. According to the TiTok research paper, advanced artificial intelligence (AI) image compression allows TiTok to compress 256x256 pixel images into '32 discrete tokens.'