📢 The ProPicks AI strategy to watch when Tech rally slows down. It did 2X the S&P in July!Unlock AI Insight

Ethereum Founder Vitalik Buterin Endorses Community Notes

Published 2023-08-16, 03:55 a/m
Ethereum Founder Vitalik Buterin Endorses Community Notes
ETH/USD
-

U.Today - Ethereum founder Vitalik Buterin an endorsement of X's "Community Notes" feature, highlighting its relevance and association with "crypto values" in a lengthy blog post.

The social media platform's last two years have been filled with dramatic events, especially after Elon Musk's $44 billion last year and his crackdown on reporters and free speech.

Despite these changes, Community Notes emerged as a widely respected feature, aiming to tackle misinformation by attaching context and facts to tweets.

Initially introduced as "Birdwatch" in January 2021, Community Notes has seen steady growth, with a significant expansion phase overlapping with Musk's acquisition. The feature offers context on tweets that garner substantial attention, especially those covering contentious topics. These notes are not determined by a centralized team but are contributed and voted upon by the platform's users. An open-source algorithm dictates which notes are showcased, promoting transparency by enabling users to verify the algorithm's output against what is presented on the platform.

Buterin's interest in Community Notes stems from its embodiment of values often associated with cryptocurrency. Although not a typical "crypto project," the system upholds principles like decentralization, transparency and community governance. argues that the transparency offered by Community Notes aligns closely with crypto values.

He believes this approach provides significant value by deterring centralized manipulation and granting due credit to platforms that uphold ethical standards.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.