Ethereum

when

Reported by Cointelegraph, Ethereum co-founder Vitalik Buterin says artificial intelligence (AI) could be crucial to solving one of Ethereum’s “biggest technical” risks: bugs buried deep within its code.
In a Feb. 18 post on X, Buterin shared his excitement for AI-powered auditing to identify and fix buggy code in the Ethereum network, describing it as the “biggest technical risk” to the network.
Buterin’s comments come as Ethereum closes in on implementing its long-awaited Dencun upgrade, which is currently slated for launch on March 13. Dencun was implemented on the Goerli testnet on Jan. 17, but a bug in Prsym prevented the network from finalizing on the testnet for four hours. Upgrades to the Ethereum network are crucial to the long-term roadmap of the blockchain.
However, not everyone agrees that AI is a reliable tool to detect bugs in Ethereum-based code.
In July 2023, OpenZeppelin conducted a series of experiments that utilized OpenAI’s GPT-4 to identify security issues in Solidity smart contracts — the native language of Ethereum code.
During these experiments, GPT-4 successfully identified vulnerabilities in 20 out of 28 challenges.
When GPT-4 failed to identify flaws, it could often be prompted to correct its mistakes quickly. However, at other times, OpenZeppelin found that the AI had actually invented a vulnerability that had never existed in the first place.
While Buterin is largely optimistic about the future of AI, he has previously warned developers to exercise caution when implementing AI with blockchain technology, particularly when deploying it alongside “high-risk” applications, such as oracles.
“It is important to be careful: if someone builds e.g. a prediction market or a stablecoin that uses an AI oracle, and it turns out that the oracle is attackable, that’s a huge amount of money that could disappear in an instant.”

Vitalik Says AI Could be Crucial to Solve Ethereum "Biggest Technical" Risk

TokenInsight

Other articles published on Feb 20, 2024

Uphold’s Research Head Praises VeChain’s Surge and Supply Chain Role

What is the Best New Meme Coin to Buy for the 2024 Bull Market? Explore Crypto Analysts’ Top Picks

Starknet’s Massive Airdrop: Distributing 728 Million Tokens to 1.3M Addresses

Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin tow...

Celestia (TIA) Investors Eye Key Price Levels as Volatility Looms

Solana Price Analysis: SOL Dips Below $110 As Bearish Trends Emerge, What Comes Next?

Join our free newsletter for daily crypto updates!