Vitalik Buterin summoned by Autism Capital for urgent attention

Crypto influencer Autism Capital has made a plea to Vitalik Buterin, co-founder of Ethereum, urging him to become more actively involved in X instead of retreating to Farcaster. Autism Capital believes that Buterin’s use of Farcaster and spending time with a smaller group of peers is hindering the growth of Ethereum. They believe that Buterin’s return to X would have a much greater impact on the development of the project.

Elon Musk, CEO of SpaceX, also joined the conversation and questioned Buterin’s departure. This prompted a flood of responses from the community, with one user speculating that Buterin may have left due to the increasing number of bot accounts on the platform. Another user referenced a post from Tyler John in January 2024, which discussed the issue of bots. According to John, Buterin’s posts are often bombarded by sycophants, crypto bots, and followers who spam the replies section whenever he posts something.

Buterin agreed with these reasons and explained that this was why he started posting mostly on Farcaster. His shift to Farcaster was also influenced by a security breach on his X account, where attackers posted malicious phishing links and stole over $690,000 from unsuspecting users.

Farcaster, a decentralized social app protocol, has seen a significant increase in user engagement and developer interest. Buterin believes in the platform’s long-term potential and expects it to remain a major player in the digital space beyond just being a seasonal trend. This optimism is supported by the platform’s performance metrics, including a 400% increase in daily active users after the launch of new features like “frames” on its Warpcast application.

According to Dune Analytics, Farcaster’s daily active user count surged from 5,000 on January 28 to over 24,700 by February 3. The volume of new daily casts also experienced a dramatic increase, marking a 1,000% rise.

However, a report on February 18 revealed that Farcaster still had issues with bots and spam. Despite its growing popularity, users noticed a decline in conversation quality. Buterin himself acknowledged this problem and stated that addressing the increasing spam was the next challenge for Farcaster.

Overall, the article highlights the request for Buterin to return to active participation on X and discusses the reasons behind his retreat to Farcaster. It also explores the growth and challenges faced by Farcaster as a decentralized social app protocol.

Leave a Reply

Your email address will not be published. Required fields are marked *