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08/27/2022

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Cardano Founder Laments the Massive Increase in Bot Activities on Twitter

The post Cardano Founder Laments the Massive Increase in Bot Activities on Twitter appeared on BitcoinEthereumNews.com. – Advertisement – Hoskinson is worried about the spike in bots’ activities on Twitter. Charles Hoskinson, the founder of the leading blockchain project...

Cardano Founder Laments the Massive Increase in Bot Activities on Twitter

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Hoskinson is worried about the spike in bots’ activities on Twitter.

Charles Hoskinson, the founder of the leading blockchain project Cardano, has questioned the Twitter cryptocurrency community about increased bot activities on the microblogging platform. 

In a recent tweet today, Hoskinson asked whether his followers had also observed a massive increase in bots’ comments on tweets in recent times. 

“Has anyone noticed a big increase recently of bots commenting on tweets?” Hoskinson quizzed his followers. 

Has anyone noticed a big increase recently of bots commenting on tweets?

— Charles Hoskinson (@IOHK_Charles) August 27, 2022

Twitter Users’ Reaction

Hoskinson’s question has attracted a lot of engagement from his followers and other Twitter users. The majority of Twitter users who commented on the development answered in the affirmative. 

A Twitter user who goes by the username @CardanoNoodz said

“They instantly respond and then paired bots post responses directly after. In other words, scams are beginning to scale.”

Other Twitter user @Hammy_ada said. 

“Not just your tweets; these bots just raid any accounts associated with Crypto.”

Massive Spike in Bot Activities on Social Media Platforms

This is not the first time people have complained about increased bot activities on various social media platforms, especially Twitter. 

Bots have been used by malefactors to automatically generate tweets and like and comment on other users’ tweets in the interest of the bot owners. The illicit practice has defrauded many unsuspecting social media users of their funds, running into millions of dollars. 

Musk’s Intention to Combat Twitter Bot Activities Halted 

As reported by TheCryptoBasic, Elon Musk, the CEO of American electric car company Tesla, stated his interest in purchasing Twitter for several reasons, including combating increased bots’ activities on the platform

“If our Twitter bid succeeds, we will defeat the spam bots or die trying,” Musk said. Hoskinson favored the idea of Musk eliminating Twitter spam bots, as he shared a gif in the comment section, which has the caption: ‘Hell yeah.” 

Meanwhile, Musk’s bid to eliminate Twitter spam bots also lured Andreessen Horowitz (a16z) to pledge a $400 million investment toward the world’s richest man’s Twitter takeover. 

Unfortunately, Musk announced last month that he had pulled out of the deal due to the company’s failure to meet contractual terms on providing data on spam activity on the platform. 

“It seems Twitter is ‘dramatically’ understating the proportion of spam accounts represented in active user count. Twitter has either ignored or rejected requests for further information,” Fox Business Journalist tweeted following Musk’s refusal to continue with the deal. 

Meanwhile, the Twitter board revealed it would take legal action to compel Musk to close the transaction on the price and terms agreed. 

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Source: https://thecryptobasic.com/2022/08/27/cardano-founder-laments-the-massive-increase-in-bots-activities-on-twitter/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-founder-laments-the-massive-increase-in-bots-activities-on-twitter

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