The recent AI content creation exposes the revealed an alarming amount of fake content, not just in stories or events, but in the reporting itself. The articles often lack the necessary experience and knowledge to be properly fact-checked, which is the biggest problem with traditional AI and the responsibility of the people who create that AI content.The inaccurate wording used in these articles paints a false picture of the subject matter, which is particularly concerning when it comes to topics like blockchain and related companies that claim to provide security for blockchain, which is completely nonsensical.

Security:

It is widely understood that decentralized blockchains do not need any cyber security, as the blockchain itself provides decentralised security to others. In fact, even the US Navy uses blockchain to improve its cyber security. I hope you understand my point here. The exploits that are commonly seen in the crypto space are not due to any inherent flaws in blockchain technology, but rather due to a lack of knowledge or the tools used, such as smart contracts.

Smart Contracts

It is important to understand that smart contracts are off-chain, and the only on-chain part of a smart contract is the historical transactional data or the transactions that are executed through that smart contract. Everything else relies on traditional virtual machine (VM) and information technology (IT) technology and they must be supported by additional cyber security measures, which should be clear to those who use/create smart contracts. Your simple Google search or research will confirm this fact about smart contracts.

Example:

One example of how blockchain technology can be used securely is in the case of Avalanche subnets. It is not without reason recommended by design to launch Avalanche subnets with more than 5 supporting validator nodes, I believe the current recommendation is 8 nodes. This additional security measure helps to decentralize the operations and stored data, preventing potential cyber security risks.

In conclusion, it is crucial to understand the true nature of blockchain technology and its inherent security features, as well as the potential risks associated with smart contracts and other related tools. By educating ourselves and relying on accurate information, we can better navigate the world of blockchain and crypto, and avoid falling victim to the misinformation and fake content that is often propagated by traditional AI and media outlets.