• Taproot Wizard’s Eric Wall explained why he believes the $10 billion protocol is significantly overvalued in a post that took Crypto Twitter by storm this weekend. In the post, he expressed frustration at the redundancy of the model computations and how they are incentivized to give extremely similar results or otherwise not be rewarded tokens. Wall also noted that the models have similar content filters to ChatGPT and thus offer no benefits over centralized solutions.

    Monday, April 1, 2024