Ethereum

2024

Foundation

Cyber

An outspoken crypto researcher reckons the intersection of artificial intelligence (AI) and crypto will be Ethereum’s (ETH) undoing. Justin Bons, Cyber Capital founder and CIO, argues in a recent tweet that AI-enabled wallets will be the death of ETH’s ambitions of streamlining its ecosystem.&nbsp; 
Bons <a href="https://x.com/Justin_Bons/status/1868300297539613124?t=GmFBMVHcuCF82qSGibIhkg&amp;s=19" rel="nofollow" target="_blank">wrote:</a> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 AI agents embedded in user wallets will revolutionize the crypto User Experience! Hilariously it will also be the last nail in the coffin for ETH alignment. <cite>~Justin Bons</cite>
</blockquote> 
He added that the situation would arise from AI objectively choosing the blockchains with the best offerings in fees, security, and transaction speeds. Thus, it would do away with what he termed as “all the tribalistic BS!” 
<h3 class="wp-block-heading" id="span-style-font-weight-400-netizens-pushback-on-bons-claims-span">Netizens pushback on Bons’ claims</h3> 
Those claims kicked a Twitter storm with several netizens pushing back on his suggestions. One X user <a href="https://x.com/tdubbdoteth/status/1868302068001202515?t=SnVvLiSE_NCnU9EFLVIBGA&amp;s=19" rel="nofollow" target="_blank">tdubb</a> led the assault terming Bons’ prediction the worst take on the subject that he had ever seen. He insisted that the intention of the AI is what will matter as these tools will work according to their creator’s instructions. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 “AI will objectively choose chains with the best fee/security/speed properties” is up there with one of the worst takes on AI i’ve ever seen icl— tdubb — ux/acc (@tdubbdoteth) <a href="https://twitter.com/tdubbdoteth/status/1868302068001202515?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">December 15, 2024</a>
</blockquote> 
He suggested that there were other factors other than speed, cost, and security that would determine the working of AI-embedded wallets. These include the chain’s liquidity, product, and interoperability. But ultimately the AI agent’s design would hold sway. 
Another user @calebini also took Bons to task on his assertion that the AI agents wouldn’t choose Base as it was slow, costly, and totally centralized. He made fun of Bons’ apparently forgetting that virtuals, a prominent AI-agent platform was running on the network. 
@calebini also slammed Bons for relegating his platform to attacking ETH or BTC at every chance he got. He wondered why he (Bons) wouldn’t use it to highlight the positive developments within the entire crypto ecosystem. To him, Bons’ hostility towards the two was tiresome and undermined his credibility. 
<h3 class="wp-block-heading" id="span-style-font-weight-400-vitalik-buterin-pushes-for-ethereum-alignment-to-unite-the-ecosystem-span">Vitalik Buterin pushes for Ethereum alignment to unite the ecosystem</h3> 
The <a href="https://www.cryptopolitan.com/vitalik-buterin-wants-transparency-ethereum/">Ethereum alignment </a>concept grew from the complexities that emerged from the blockchain’s evolution. As the network grew it accommodated many projects with diverse views, goals, and operating principles. This divergence threatens the realization of ETH’s core principles. 
To bring back all the players to Ethereum’s founding philosophies, the network’s co-founder Vitalik Buterin proposed the Ethereum alignment concept. Its key components are ecosystem unity and coordinated governance. 
Through it, the Ethereum Foundation hopes to build a stronger network with an enhanced ecosystem value. It also looks to improve the user experience by easing user navigation of the blockchain’s services and promoting the interoperability of applications. 
From Zero to Web3 Pro: Your 90-Day <a href="https://www.cryptopolitan.com/crypto-career-launchpad-waitlist/?utm_source=cryptopolitan&amp;utm_medium=banner&amp;utm_campaign=ccl-waitlist-3" target="_blank">Career Launch Plan</a>

Crypto analyst claims AI-enabled wallets will be the death of ETH alignment

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