With Buterin's enthusiasm on AI based blockchain and after Sora's launch, AI crypto growth is real

22 February 2024

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Vitalik Buterin, Ethereum co-founder, has spoke out on the use of new AI tools, such as OpenAI's Sora, and has turned on the enthusiasm for this new crypto segment. According to the founder of Ethereum, we will very soon see a real fusion between artificial intelligence and blockchain, in which AI will not be limited to a secondary role, but will become a key player in the ecosystem. AI will become a protagonist, for example, in DAOs, decentralized autonomous organizations, but also in the research and development of new systems.

Risks Evaluation

There are also many risks in Buterin's vision as Coin Desk reported: "Buterin suggested using AI to improve code audits and reduce bugs in blockchain projects. Moreover AI-assisted code audits can adapt and learn from new information, making them more effective than current automated tools. Human inspection can be combined with AI systems to create a strong system for detecting vulnerabilities, developers said. In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects".

Chat Gpt's Sora role

The launch of Sora, the new ChatGpt editor of videos from text, took place last Friday, but crypto tokens linked to the artificial intelligence sector continue to pump. The best AI cryptos are the latest market trend and projects like Fetch.Ai and Ocean Protocol. OpenAI's new extension creates realistic videos from text-based instructions. Not a real novelty, but it was enough to trigger a new wave of interest in artificial intelligence. Consequently, cryptocurrency trading is also doing well, especially in the AI ​​sector where Fetch.Ai and Ocean Protocol are recording very interesting double-digit gains.

SOURCE: CoinDesk

PHOTO CREDITS: Mariia Shalabaieva 

READ ALSO ---> "Google's Gemini enters the AI market with a completely new model" by Ilaria Vanni

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