Fun

Vitalik Buterin endorses TiTok AI for onchain image storage

News Feed - 2024-06-15 08:06:59

Josh O"Sullivan12 hours agoVitalik Buterin endorses TiTok AI for onchain image storageTiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications.3086 Total views3 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksEthereum co-founder Vitalik Buterin has endorsed the new Token for Image Tokenizer (TiTok) compression method for its potential blockchain application.


Not to be confused with the social media platform TikTok, the new TiTok compression method significantly reduces image size, making it more practical for storage on the blockchain.


Buterin highlighted TiTok’s blockchain potential on the decentralized social media platform Farcaster, stating “320 bits is basically a hash. Small enough to go on chain for every user.”


The development could have significant implications for digital image storage of profile pictures (PFPs) and non-fungible tokens (NFTs).Source: Thomas


Related:Traders: Ethereum is the ‘most bullish altcoin’ as ETH reclaims $3.5KTiTok image compression


Developed by ByteDance and Technical University Munich researchers, TiTok allows the compression of an image into 32 small data pieces (bits) without losing quality.


According to the TiTok research paper, advanced artificial intelligence (AI) image compression enables TiTok to compress a 256x256 pixel image into “32 discrete tokens.”


TiTok is a 1-dimensional (1D) image tokenization framework that “breaks grid constraints existing in 2D tokenization methods,” leading to more flexible and compact images.“As a result, it leads to a substantial speed-up on the sampling process (e.g., 410 × faster than DiT-XL/2) while obtaining a competitive generation quality.”TiTok research paper displaying image compression size comparisons. Source: TiTok


Related:Spot Ethereum ETFs may begin trading by July 2 — Bloomberg AnalystMachine learning imagery


TiTok utilizes machine learning and advanced AI, using transformer-based models to convert images into tokenized representations.


The method uses region redundancy, meaning it identifies and uses redundant information in different regions of the image to reduce the overall data size of the end product.“Recent advancements in generative models have highlighted the crucial role of image tokenization in the efficient synthesis of high-resolution images.”


According to the research paper, TiTok’s "compact latent representation” can yield “substantially more efficient and effective representations than conventional techniques.”Illustration of image reconstruction (a) and generation (b) with the TiTok framework (c). Source: TiTok


Related:Vitalik Buterin-backed Nocturne protocol shuts down operations overnightTiTok, not TikTok


Despite the similar name, TikTok, the social media platform, did not receive endorsement from Buterin.


The Ethereum co-founder, highlighting TiTok’s blockchain potential, lends credibility to the new AI-driven image compression method.“Unlike the existing 2D VQ models that consider the image latent space as a 2D grid, we provide a more compact formulation to tokenize an image into a 1D latent sequence.”


The proposed new method can “represent an image with 8 to 64 times” fewer tokens than “2D tokenizers,” and the team hopes the research can shed light on “more efficient image representation.”


Magazine:$1M bet ChatGPT won’t lead to AGI, Apple’s intelligent AI use, AI millionaires surge: AI Eye# Blockchain# Decentralization# Ethereum# Technology# Vitalik Buterin# Tokens# Blockchain Storage# Web3# NFTAdd reaction

News Feed

Talent Giant Creative Artists Agency Inks Deal With Pseudonymous NFT Whale 0xb1
Talent Giant Creative Artists Agency Inks Deal With Pseudonymous NFT Whale 0xb1 On October 8, the leading California-based talent agency Creative Artists Agency announced it has in
Montana County to Hold Public Hearings on Zoning Rules for Crypto Miners Amid Growing Complaints
Montana County to Hold Public Hearings on Zoning Rules for Crypto Miners Amid Growing Complaints Another U.S. county is facing troubles related to crypto mining
Rick Porter4 hours agoBuckle up, Reddit: Closed APIs cost more than you’d expectOpen APIs are vital for healthy communities on social platforms. With Web2 companies beginning to reject that principle, Web3 could be poi
Tom Blackstone4 hours agoStake hack of $41M was performed by North Korean group: FBIAfter investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group
Russia Proposes New Rules and Penalties for Cryptocurrency Owners
Russia Proposes New Rules and Penalties for Cryptocurrency Owners The Russian Ministry of Finance has developed new amendments to the country’s cryptocurre
Bitcoin distribution ‘danger zone’ over, analysts say
Zoltan Vardai5 hours agoBitcoin distribution ‘danger zone’ over, analysts sayBitcoin’s post-halving “danger zone” is over as Bitcoin establishes a firm footing above the $60,000 reaccumulation range, new analys
Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law
Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law The Prosecutor General’s Office of Russia has proposed to define cryptocurrency
Ledger Offers a 30% Discount on Most Colors for Nano S Plus and Nano X Until July 15
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence
Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence A tie-up between payment processor Advcash and Bingbon will help the social
Accused Bitfinex Bitcoin Money Launderer Granted Permission to ‘Engage in Legitimate Employment’
Accused Bitfinex Bitcoin Money Launderer Granted Permission to "Engage in Legitimate Employment" On February 8, 2022, the U.S. Department of Justice (DOJ) arrested a couple that is
Yashu Gola9 hours agoWhy is the crypto market down today?The crypto market is down today as traders assess the latest Curve Finance hack and the SEC"s potential to target all altcoins in the future.311059 Total views526
Turner Wright4 hours agoGrayscale wins the court battle, but what does this mean for a spot Bitcoin ETF?The SEC may have a limited window to appeal the court decision, while Grayscale could move forward with an amended a