Elon Musk Joins Forces With Dogecoin’s Creator to Combat Crypto Scam Bots
In a recent tweet, Musk called on Jackson Palmer, creator of the popular meme-based cryptocurrency Dogecoin (DOGE), to help rid Twitter of these bots that commonly mimic popular accounts to trick unsavvy investors into sending their digital assets under the guise of free giveaways.
@ummjackson if you can help get rid of the annoying scam spammers, that would be much appreciated
— Elon Musk (@elonmusk) September 17, 2018
In response, Palmer noted that he already has a simple script that functions to address scam activity and asked Musk to direct message him to discuss it further.
“Update: Elon has the script… we had a good chat on how @jack and the Twitter team should definitely automate and fix this problem on their end though,” Palmer followed up in a separate tweet.
While Twitter’s response to the ongoing problem has left much to be desired, recent reports suggest Twitter has started automatically locking unverified accounts that change their display name to ‘Elon Musk.’
The interaction between Musk and Palmer is yet another high-profile event for Dogecoin, which has more than doubled in recent weeks after the successful demo of Dogethereum, an experimental effort to bring dogecoin to the Ethereum blockchain, enabling the use of Dogecoin with Ethereum smart contracts through a new DOGE-backed Ethereum token.
Photo: Steve Jurvetson / Flickr
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.