Ethereum Co-Founder Vitalik Buterin Criticizes Ongoing Meme Coin Frenzy
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Ethereum co-founder Vitalik Buterin recently showcased a sense of dismay in memecoins, stirring speculations amid the ongoing meme coin frenzy in the market.

In a gripping narrative shake-up, Ethereum co-founder Vitalik Buterin recently took to a post on X, showcasing a sense of immense dismay in meme coins. This post by one of the world’s most prominent blockchain co-founders nabbed global attention, coming in the midst of a meme coin frenzy witnessed within the broader crypto market.

While meme tokens like DOGE, SHIB, and WIF rallied remarkably over the past few days, the post shared by Vitalik contrasted market sentiments, spotlighting a plethora of reasons why meme coins reflect disdain despite their popularity.

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#Write2Earn‬ #ETHEREUM ’S #VITALIK PROPOSES AI-POWERED CODE AUDITS: REVOLUTIONIZING BLOCKCHAIN SECURITY $ETH #AI #Ai_sector

Ethereum co-founder Vitalik Buterin has proposed utilizing artificial intelligence (AI) to enhance code audits and mitigate bugs in blockchain projects. This AI-assisted approach adapts and learns from new information, surpassing the effectiveness of current automated tools. Buterin's suggestion comes amidst heightened concerns over security breaches and scams in the crypto sphere, with Ethereum bearing the brunt of losses due to its extensive ecosystem and high-profile projects.
In Buterin's view, AI's potential lies in its ability to facilitate formal verification of code and identify bugs, thereby addressing one of Ethereum's major technical risks. This concept has garnered support from developers, who emphasize AI's adaptability and deep analysis capabilities in detecting vulnerabilities.
The resurgence of the AI sector as an investment narrative further underscores the potential of AI-driven solutions in enhancing security measures within the blockchain space. However, the implementation of AI for code audits presents a novel application, one that could revolutionize the industry's approach to smart contract security.
Despite the promising prospects offered by AI, the crypto community remains cautious, given the magnitude of losses incurred in 2023 due to hacks and scams. Ethereum, being the largest blockchain platform, suffered the most substantial losses, emphasizing the urgent need for innovative solutions to strengthen security protocols and safeguard user assets.

Vitalik Buterin Reveals Next Stages of Ethereum’s Purge Initiative
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Vitalik Buterin, co-founder of Ethereum, has announced the next stages in the Purge initiative to simplify the protocol and reduce the demand on nodes’ resources.

The Purge is an important part of Ethereum’s transition since it simplifies the network by removing unnecessary and outdated data.

In addition to lowering the storage needs for historical data, this step also drastically reduces the technical debt of the Ethereum protocol and the hard drive requirements for node operators.

However, as pointed out by Buterin, the protocol was made simpler by reducing complexity and providing additional security guarantees with the introduction of Ethereum improvement proposal (EIP)-6780 during the Dencun hard fork, which removed most of the “SELFDESTRUCT” code functions.

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