Sam Bankman-Fried And Vitalik Buterin Propose Solution To Twitter Bot Problem

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The highly talked about takeover proposal of Twitter by Elon Musk was essentially centered around the issue of Twitter bots. Now, Sam Bankman-Fried And Vitalik Buterin, two of the biggest names in the crypto world, seem to have a fix. Earlier this year, Musk sought details of the proportion of fake Twitter accounts controlled by bots. In fact, the Tesla CEO has at one point temporarily stalled the deal proposal over Twitter bot issue.

In August 2022, a whistleblower disclosed that Twitter misled regulators over spam accounts. Later, Musk accused the social media company of hiding crucial details. Subsequently, he stalled the takeover proposal citing concerns over spam accounts and lack of transparency around it.

Sam Bankman-Fried Has A Solution To Control Spam Accounts

In what could potentially become a crypto use case, Sam Bankman-Fried suggested on-chain social media messages to control the issue. To discourage usage of bots and fake accounts, he suggested charging small amount of gas per message. However, he noted that this is only one of the ways to control and counter the problem. Earlier, SBF termedsocial media networks as ‘isolated’ and ‘not interoperable’. In July 2022, he tweeted about the prospects of messaging on a blockchain.

“One way to get rid of a bot problem: on-chain social media messages; even a tiny amount of gas per message would discourage it.”

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Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]
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