Vitalik Buterin offers rosy views on Twitter’s Community Notes

Elon Musk and X’s vice president of product signal boosted Buterin’s blog on Community Notes

article-image

Alexey Smyshlyaev/Shutterstock modified by Blockworks

share

X, formerly Twitter, officially rolled out its Community Notes feature in December 2022, and the tool has since become a fixture on the social media platform.

Anyone can sign up to become a contributor for the open-source Community Notes program, which is still technically in its pilot stage. It has evolved into a vital component of a large community that scans the microblogging site for inaccuracies and foibles.

Vitalik Buterin noted that the tool mirrors certain crypto projects with its decentralized approach, dependence on community involvement, and transparent code base.

The Ethereum co-founder made this observation on his blog Wednesday, calling Community Notes “impressively useful, even under contentious conditions.” 

“What interests me most about Community Notes is how, despite not being a ‘crypto project’, it might be the closest thing to an instantiation of ‘crypto values’ that we have seen in the mainstream world,” Buterin wrote. 

Community Notes operates using its own version of a consensus mechanism. Before a note is approved and displayed to users, there needs to be an agreement among contributors. This means that even if some contributors have had disagreements in their past evaluations, they must reach a consensus for the note to be validated, as outlined on the project’s website.

In his early Wednesday morning post, X’s vice president of product, Keith Coleman, shared a screenshot of a section from Buterin’s blog that discussed crypto values. CEO Elon Musk later shared Coleman’s post as well, amplifying Buterin’s views on Community Notes to millions of his followers.

Loading Tweet..

Buterin highlighted that the notes, which provide additional context or even counter the statements made in posts on X, are not written by a centralized group of experts.

“They can be written and voted on by anyone, and which notes are shown or not shown is decided entirely by an open source algorithm,” he wrote. “It’s not perfect, but it’s surprisingly close to satisfying the ideal of credible neutrality.”

Credible neutrality is a concept that was popularized by Buterin in January 2020. If a mechanism is credibly neutral, it means that it doesn’t discriminate against anyone, nor is it inherently biased toward anyone.

However, Buterin concluded his blog by saying that Community Notes isn’t quite on par with the level of decentralization offered by decentralized social media. 

“If you disagree with how Community Notes works, there’s no way to go see a view of the same content with a different algorithm. But it’s the closest that very-large-scale applications are going to get within the next couple of years,” Buterin wrote.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates (8).png

Research

Kinetiq has established itself as Hyperliquid's dominant liquid staking protocol, holding 82.5% of LST market share with $610M in TVL. The protocol is now expanding beyond its kHYPE staking core into higher take-rate verticals: iHYPE for institutional custody rails, Launch for HIP-3 capital formation, and Markets for builder-deployed perpetuals. We view Markets, launching Jan. 12, as the highest-potential product line given its mechanically scalable, activity-linked unit economics. Near-term revenue remains anchored by kHYPE's KIP-2 fee schedule (~$1.6M annualized), while Markets provides embedded optionality if HIP-3 economics normalize post-Growth Mode. KNTQ's setup is relatively clean: zero insider unlocks until November 2026, 6.2% buyback yield from staking revenue, and cleared airdrop overhang. Risks center on unproven Markets execution, declining kHYPE TVL despite ongoing incentives, and competition from Hyperliquid's native initiatives.

article-image

BTC finished the week up 1.6%, while L2s, RWAs and the treasury trade continued to grind lower

article-image

DTCC moves DTC-custodied Treasuries onchain via Canton, while Lighter’s LIT launches trading at a fees multiple in Hyperliquid territory

article-image

In the 90s, rapt audiences worldwide watched a coffee pot — will that fascination ever turn to crypto?

article-image

Some systems improve by failing — and crypto has no choice

article-image

Yield Basis introduces an IL-free AMM design that already dominates BTC DEX liquidity

article-image

Maybe tokenholders don’t need the rights that corporate shareholders have come to expect

Newsletter

The Breakdown

Decoding crypto and the markets. Daily, with Byron Gilliam.

Blockworks Research

Unlock crypto's most powerful research platform.

Our research packs a punch and gives you actionable takeaways for each topic.

SubscribeGet in touch

Blockworks Inc.

133 W 19th St., New York, NY 10011

Blockworks Network

NewsPodcastsNewslettersEventsRoundtablesAnalytics