Cryptocurrency Analyst Claims AI-Powered Wallets Will Be the Death of ETH Alignment
An outspoken cryptocurrency researcher believes that the intersection of artificial intelligence (AI) and cryptocurrencies will be the downfall of Ethereum (ETH). Justin Pons, founder and CIO of Cyber Capital, said in a recent tweet that AI-powered wallets would be the death knell for ETH’s ambitions to streamline its ecosystem.
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AI agents embedded in user wallets will revolutionize the crypto user experience! Funny enough, it will also be the final nail in the coffin for ETH alignment. ~ Justin Pons
He added that the situation will arise from AI objectively selecting blockchains that offer the best performance in terms of fees, security, and transaction speeds. Thus, it will eliminate what he called “all the tribal BS!”
Netizens object to Bones' claims
These claims sparked a storm on Twitter with many netizens dismissing his suggestions. One user Xtdubb attacked Bons’ prediction, calling it the worst he had ever seen on the subject. He insisted that the AI’s purpose is what would matter because these tools would work according to the instructions of their creator.
"AI will objectively choose the chains with the best graphics/security/speed properties" Up there with some of the worst AI I've ever seen. - Tdubb - ux/acc (@tdubbdoth) December 15, 2024
He noted that there are other factors besides speed, cost and security that will determine how AI-powered wallets work. These include chain liquidity, product and interoperability. But ultimately, the design of the AI client will prevail.
Another user, @calebini, also chided Bons for his assertion that AI agents wouldn’t choose Base because it was slow, expensive, and completely centralized. He mocked Bons for seemingly forgetting that virtual machines, a prominent platform for AI agents, were running on the network.
@calebini also criticized Bons for turning his platform to attacking ETH or BTC at every opportunity. He wondered why Bons didn’t use it to highlight positive developments within the entire crypto ecosystem. For him, Bons’ hostility toward the two was exhausting and undermined his credibility.
Vitalik Buterin Pushes Ethereum Alignment to Unite Ecosystem
The concept of Ethereum alignment is one of the complexities that has arisen from the evolution of the blockchain. As the network has grown, it has absorbed many projects with different perspectives, goals, and operating principles. This diversity threatens to achieve the core principles of ETH.
To bring all players back to the founding philosophies of Ethereum, the network’s co-founder, Vitalik Buterin, proposed the concept of Ethereum Alignment. Its main components are ecosystem unity and coordinated governance.
Through it, the Ethereum Foundation hopes to build a TRON network with enhanced ecosystem value. It also looks to improve user experience by facilitating user navigation of blockchain services and enhancing application interoperability.
