Crypto Market News: Elon Musk is facing a task in hand thanks to artificial intelligence based tools, which is to prevent data scraping and system manipulation on Twitter. Earlier, CoinGape reported that the social media platform blocked data access to AI based chatbots like ChatGPT. This came as part of a pool of new restrictions the company made on Saturday, which impacts the number of posts each user can access in a single day. Musk’s trademark was evident with the platform severely skewing the rules in favor of paid users when compared to non-verified users.

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Meanwhile, Twitter’s data scaping problem appears to have a solution in the crypto market. Interestingly, the solution bypasses the need for placing limits on daily tweets accessed by users to prevent scraping.

Theta Network (THETA) Tech

According to Theta Network supporters, its technology offers a framework for decentralized data streaming and delivery that could potentially prevent unauthorized data scraping by AI companies. Data scraping involves usage of software tools or scripts to pull out data from websites and databases, which is posing a major threat to user data safety on the internet. In recent times, it has been stated that AI companies have been using data scraping tools to be able to train their large language models (LLMs). Elon Musk’s criticism of AI development is well known, after his support to the demand for limiting the pace of development in the industry.

A Twitter account named Larry, a THETA supporter, explained how Theta Network’s “Methods and systems for a decentralized data streaming and delivery network” patent can help in the social media company’s cause.

“This technology could potentially reduce the need for Twitter to impose daily post viewing limits, thereby enhancing the user experience.”

Overall, a collaboration in this direction could be a massive boost for the crypto market. Yet, it remains to be seen if Musk is keen on developing an in-house tech solution.

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Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at [email protected] or twitter.com/BitcoinReddy

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.