Following Ethereum co-founder Vitalik Buterin‘s most recent post concerning artificial intelligence (AI) and its applications in cryptocurrencies for bug fixing and code verification, the price of ETH has increased above $2900.
Recent discussions among Vitalik Buterin, the creator of Ethereum, have centered on artificial intelligence (AI) and its advantages and disadvantages. Recently, he discussed the intersection of AI and crypto, highlighting potential use cases and hazards.
On February 21, Vitalik Buterin expressed his enthusiasm for artificial intelligence in a new post. Aspects of applications involving AI-assisted formal code verification and bug detection stimulate him the most. He is confident that AI will transform the bug-fixing process, citing programming errors as “Ethereum’s greatest technical risk pro.”
“I am particularly enthusiastic about the potential of AI in assisting with formal code verification and defect detection.” At this time, code bugs are likely Ethereum’s greatest technical danger; therefore, anything that could substantially alter the game in that regard would be phenomenal, according to Buterin.
Wolfgang Grieskamp of Aptos Labs remarked that the EVM’s design regrettably complicates verification by introducing indirect branching, which hinders the discovery of simple control flows. “It is uncertain whether AI can assist here. “Currently, formal verification of Move is streamlined and functional; AI can improve this further.”
Ethereum Verkle Trees
On March 13, Ethereum is preparing to implement the Dencun (Deneb and Cancun) enhancement; Vitalik Buterin is particularly interested in Verkle trees.
Buterin stated, citing a website maintained by developers of the Ethereum Foundation, that stateless validator clients will be enabled, enabling staking nodes to operate with almost no hard disk space and synchronize almost instantly. This will improve the experience of solitary staking players.
The price of ETH reached $2,900, a 3% increase over the previous twenty-four hours. The 24-hour moving average is $2,902 and the 24-hour minimum is $2,780.
Moreover, over the past twenty-four hours, the trading volume has increased by more than thirty percent, indicating a surge in investor interest. Analysts forecast that Ethereum will surge significantly beyond $3,000.
