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CryptoIntelligence 2024-06-19 20:55:00

Ethereum Co-founder Vitalik Buterin Endorses TiTok: Revolutionary AI-Driven Image Compression for Blockchain

Ethereum Co-founder Vitalik Buterin Endorses TiTok: Revolutionary AI-Driven Image Compression for Blockchain

Ethereum co-founder Vitalik Buterin has endorsed the new Token for Image Tokenizer (TiTok) compression method, highlighting its potential for blockchain applications. Distinct from the social media platform TikTok, the TiTok compression method substantially reduces image sizes, making blockchain storage more feasible. Buterin emphasized TiTok’s blockchain potential on the decentralized social media platform Farcaster, stating, “320 bits is basically a hash. Small enough to go on chain for every user.” This development could significantly impact the digital storage of profile pictures (PFPs) and non-fungible tokens (NFTs). Developed by ByteDance and researchers from the Technical University of Munich, TiTok can compress an

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