Gavin Wood: How to prevent Sybil attacks and conduct effective airdrops?
Sybil Attack, Gavin Wood: How to prevent Sybil attacks and conduct effective airdrops? Golden Finance, In Web3, you will hardly interact with humans anymore.
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Sybil Attack, Gavin Wood: How to prevent Sybil attacks and conduct effective airdrops? Golden Finance, In Web3, you will hardly interact with humans anymore.
This article will explore how sybil attacks can ruin token launches by looking at data from the two most recent zkSync airdrops and the LayerZero airdrop.
EigenLayer just launched the 2nd phase of its airdrop claims and added a security feature against Sybil and DDoS attacks. However, criticisms abound since Phase One about the airdrop terms. Details for Season Two’s token distribution will be announced soon.
After launching on June 20, ZRO surged 15.15% in just 20 minutes before suddenly plummeting 22% as people debated whether the donation mechanism was a genius creation or just an excuse for “taxation.”
Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
The well-known cross-chain project Layerzero released a news article, encouraging users who think they are "witches" to "surrender" and also encouraging them to report other "witches" users.
LayerZero completes first phase of airdrop snapshot. $ZRO distribution details awaited. Backed by a16z, Sequoia, with 4.8M users. Criteria for eligibility and measures against Sybil attacks discussed.
Individuals engaging in airdrop squatting are fabricating accounts across platforms with the sole intent of harvesting airdrop tokens, potentially depriving genuine users of their fair share.
In addition to the cross-chain bridge Stargate, the flagship project, the LayerZero protocol has been applied to many fields such as DeFi, NFT, and games.
The protocol, which is still in development, intends to connect DApps across chains using on-chain nodes.