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Cryptocurrency wallets with artificial intelligence can destroy the Ethereum blockchain

3:13 pm, December 16, 2024

Experts in the cryptocurrency industry have expressed concerns about the impact of AI-powered digital wallets on the Ethereum ecosystem ETH $3,834.58 Bridged Ether (StarkGate) -4.46% Market capitalization $0.34 billion VOL. 24 hours $1.9 billion . According to them, such wallets may jeopardize the key concept of Ethereum — decentralization, which is one of the main advantages of this blockchain platform.

AI wallets offer convenience by automating actions, such as asset management, transaction creation, and gas consumption optimization. However, their widespread adoption may lead to a concentration of influence among the developers of these wallets, which violates the principle of equality and independence of all network participants, according to analysts in the digital asset industry.

Some experts point out that centralized control over AI wallets can become a point of vulnerability for manipulation, restriction of access to certain functions, or even censorship of transactions. This directly contradicts Ethereum’s foundations, which are based on openness and transparency.

Nevertheless, representatives of AI technologies argue that proper regulation and technical improvements will be able to maintain a balance between user-friendliness and decentralization. Nevertheless, the issue remains open, and discussions in the crypto community continue.

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