Vitalik Buterin offers rosy views on Twitter’s Community Notes

Elon Musk and X’s vice president of product signal boosted Buterin’s blog on Community Notes

article-image

Alexey Smyshlyaev/Shutterstock modified by Blockworks

share

X, formerly Twitter, officially rolled out its Community Notes feature in December 2022, and the tool has since become a fixture on the social media platform.

Anyone can sign up to become a contributor for the open-source Community Notes program, which is still technically in its pilot stage. It has evolved into a vital component of a large community that scans the microblogging site for inaccuracies and foibles.

Vitalik Buterin noted that the tool mirrors certain crypto projects with its decentralized approach, dependence on community involvement, and transparent code base.

The Ethereum co-founder made this observation on his blog Wednesday, calling Community Notes “impressively useful, even under contentious conditions.” 

“What interests me most about Community Notes is how, despite not being a ‘crypto project’, it might be the closest thing to an instantiation of ‘crypto values’ that we have seen in the mainstream world,” Buterin wrote. 

Community Notes operates using its own version of a consensus mechanism. Before a note is approved and displayed to users, there needs to be an agreement among contributors. This means that even if some contributors have had disagreements in their past evaluations, they must reach a consensus for the note to be validated, as outlined on the project’s website.

In his early Wednesday morning post, X’s vice president of product, Keith Coleman, shared a screenshot of a section from Buterin’s blog that discussed crypto values. CEO Elon Musk later shared Coleman’s post as well, amplifying Buterin’s views on Community Notes to millions of his followers.

Loading Tweet..

Buterin highlighted that the notes, which provide additional context or even counter the statements made in posts on X, are not written by a centralized group of experts.

“They can be written and voted on by anyone, and which notes are shown or not shown is decided entirely by an open source algorithm,” he wrote. “It’s not perfect, but it’s surprisingly close to satisfying the ideal of credible neutrality.”

Credible neutrality is a concept that was popularized by Buterin in January 2020. If a mechanism is credibly neutral, it means that it doesn’t discriminate against anyone, nor is it inherently biased toward anyone.

However, Buterin concluded his blog by saying that Community Notes isn’t quite on par with the level of decentralization offered by decentralized social media. 

“If you disagree with how Community Notes works, there’s no way to go see a view of the same content with a different algorithm. But it’s the closest that very-large-scale applications are going to get within the next couple of years,” Buterin wrote.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Screen Shot 2024-05-16 at 14.53.45.png

Research

Loss-versus-rebalancing (LVR) is arguably Ethereum DeFi’s biggest problem, and thus reducing LVR is fundamental to the success of Ethereum. This report dives into the world of LVR. We uncover its importance for AMM designers, discuss the two major mechanism design categories and various projects developing solutions, and offer a higher level perspective on the importance of AMMs in general.

article-image

Yesterday saw Congress’ upper chamber side with the House on a measure aimed at overturning SAB 121

article-image

Oklahoma’s new crypto bill will go into effect in November of this year

article-image

The deposits hit a $20 million cap in just 45 minutes

article-image

Twelve Democratic Senators voted in favor to pass the resolution Thursday

article-image

Pump.fun is “aware” that bonding curve contracts on Pump.fun were exploited, and has since paused trading

article-image

Some investment pros are mulling crypto allocations between 1% and 10% and seeking ex-BTC exposure for interested clients