Sybil resistance

hi eli
welcome to our community
we glad to see you in gyro
I hope we can help together :heart_decoration: :blue_heart:

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Hello, I am Sahar. Glad to join your community :heart_eyes:

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wow thats look promising.

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Its strong project i love it

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hey sahar, welcome! :heart_eyes:

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i love you to much gyro :grinning:

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The content provided is very helpful. Thank you

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in decentralize system kyc not a good idea

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you are doing the best gyro

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wow i really liked gyro finance platform

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Welcome to gyro family

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please do not use kyc .kyc is not good for decentralize world

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the best way to prevent Sybil attacks is filtering users by their on chain activity data. there are many ways to track users with their activity

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I think it is better to use the experiences of those who distribute tokens

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nice work guys. keep going :wink: :wink:

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@Taj
agha chejoory mishe esmo virayesh kard?

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KYC IS AGAINST DECENTALIZATION :balance_scale:

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I think traditional KYC is not the solution. :-1:

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A Sybil attack is an attack where a single adversary is controlling multiple nodes on a network. It is unknown to the network that the nodes are controlled by the same adversarial entity. For example, an adversary can spawn up multiple computers, virtual machines, and IP addresses. They can create multiple accounts with different usernames and e-mail addresses and pretend that they all exist in different countries.

Avoiding Sybil attacks is a difficult problem. In centralized systems they are typically avoided through heuristics that do not provide cryptographic assurance of Sybil resilience. For example, a centralized entity may try to avoid Sybil attacks by requiring that an individual IP cannot create more than a specific number of user accounts in a given time interval.

Sybil attacks are avoided in Bitcoin by requiring block generation ability to be proportional to computational power available through the proof-of-work mechanism. That way, an adversary is limited in how many blocks they can produce. This provides strong cryptographic guarantees of Sybil resilience.

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Hi Pooya jan :wave:t4::wave:t4:
Welcome to the family my friend, I really appreciate to have decentralization fan members like you in our team :beers::beers::sunglasses:
Hope we can make this project a great success for all of us :innocent::gem::four_leaf_clover::four_leaf_clover:

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