Bots against humanity — The battle for blockchain supremacy
Blockchains face significant challenges due to the rise of AI bots, which now generate nearly half of internet traffic and account for up to 80% of blockchain transactions. While some bots serve legitimate purposes, many contribute to network congestion, increased fees, and monopolization of resources. This bot dominance leads to high failure rates in networks and threatens traditional financial systems. AI-driven fraud tools are emerging, exacerbating security risks. Current solutions focusing solely on scalability may worsen these issues by enabling easier bot attacks. Implementing proof-of-human infrastructure is essential to maintain human control over blockchains, ensuring fair access and security. Strategies like guaranteed block space for verified users and gas subsidies can help protect human participants. The industry must prioritize human-centric approaches to sustain growth and decentralization in blockchain technology.