Sunday, May 22, 2022
Home Crypto News Market Elon Musk & Cardano’s Charles Hoskinson Want to Defeat Twitter Spam Bots...

Elon Musk & Cardano’s Charles Hoskinson Want to Defeat Twitter Spam Bots Or “Die Trying”

- Advertisement -
Follow-Us-On-Google-News

 

Musk will declare war on Twitter spambots if he finally acquires Twitter



Elon Musk, the CEO and founder of Tesla, has disclosed in a recent tweet that he plans on eliminating spambots on the popular microblogging platform Twitter once the board approves his $43 billion bid

“If our Twitter bid succeeds, we will defeat the spam bots or die trying,” the American electric car company owner said

 

Musk also added that he will also proceed to authenticate all humans in a bid to eliminate Twitter spambots. 

Twitter bots are mostly used to send automatic replies, like posts, retweets, and send customized direct messages by users. However, in recent times, illicit actors are adopting the tool to make scam posts, to lure unsuspecting victims into investing in malicious projects. 

Musk’s Committed to Fighting Spam Bots

Musk had earlier noted on April 14 in a TED talk that he would have gotten over 100 billion units of Dogecoin (DOGE) if he had been paid for every scam post he has seen on the popular microblogging platform. 

“If I had a Dogecoin for every crypto scam I saw, we’d have 100 billion Dogecoin,” Musk added. 

The billionaire investor noted that a top priority he would have once his Twitter bid gets approved is to eliminate the spambots and the illicit actors behind the act. 

Cardano Boss Declares Support

In a similar development, Charles Hoskinson, the CEO, and founder of Input-Output Global (IOG), the organization responsible for conducting research and development on the Cardano ecosystem, reacted positively to Musk’s ambition to combat spambots on Twitter.  

The IOG CEO quoted Musk’s tweet and added a gif, which reads: “Hell Yeah.” 

Recall that Hoskinson had disclosed his willingness to partner with Musk to develop a decentralized social media platform if Tesla’s boss’s Twitter bid gets rejected.  

Meanwhile, Musk is still awaiting a response from the Twitter board for his $43 million bid to acquire a 100% stake in the company. 

Musk, who has a 9% stake in Twitter, noted that the board’s economic interest does not align with that of shareholders, given that the combined Twitter board members hold a paltry percentage of the company’s shares compared to investors.

- Advertisement -

Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Can Pac-Man Frog (PAC) Outperform ApeCoin (APE) And Theta Network (THETA)?

Cryptocurrencies are all anyone has been able to talk about for the past couple of years. They are an innovative way of thinking about...

Secure DeFi Protocols: Calyx Token (CLX), Chainlink (LINK), and Aave (AAVE)

An ongoing prevalence of hacks, attacks, and exploits within the cryptocurrency space highlights the importance of verifying the security and integrity of a protocol...

Beware of Malicious Proposals, Terra (LUNA) Team Says No Dapps Launched on Terra 2.0 

Terra Team Warns Community to Beware of Malicious Proposals, Says No Decentralized Application Has Launched on Terra 2.0. ...

CZ On Terra (LUNA): “Most Stupid Design Flaw Is Thinking Minting More Of An Asset Will Increase Total Value”

  Binance CEO: Terra Had The Chance To Save Luna And UST When The De-peg Was At 5% But They Failed To Act.

Ethereum Co-Founder Vitalik Buterin Says He Is No Longer A Billionaire

The Ethereum exec was also affected by last week’s cryptocurrency dip that wreaked havoc on investors.  window.coinzilla_display...

Market Pundit: UST And Terra (Luna) Collapse Is NOT An Indication That Crypto Market Is Ending

  Crypto Market Is Not Ending Because Of Terra. window.coinzilla_display = window.coinzilla_display || ; var...

Another Top American Exchange Halting Terra USD (UST) Trading After Coinbase

Gemini follows Coinbase to halt UST trading. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.