- Crypto / Web3
Fight Sybils, Protect Web3
Vision: The goal of the project is to fight Sybil through the use of different approaches to discern suspicious patterns of behavior and the breadth of on and off-chain data.
Description: The mission is to protect web3, focusing on Sybil resistance through researching and development of useful algorithms and other approaches. Resisting re-centralization and potential capture of the data layer.
Solution: Sybils can be identified at both the protocol level and the dapp/wallet level. At this moment it pays to focus on the dapp/wallet level. So an analysis of a wallet’s history, when a user connects their wallet, and a trust score is calculated. The history of this wallet can be analyzed using “algorithm” to give another Sybil-likelihood score. It outputs either Booleans (Sybil/non-Sybil) or floats (0-1) representing Sybil likelihood. This is then used collectively to come to a decision about the trustability of the user (of the wallet). Wallet -> Algorithm -> Result
Value added to the ecosystem: If we collectively do not resist Sybil attacks then one of the real bright spots of web3 - the collective funding of public goods - could be captured by essentially criminal forces. Similarly, if we continue to take all the shortcuts when accessing and analyzing blockchain data then we are adding vulnerability to the ecosystem right about the decentralized blockchains in the form of centralization.
Read AntSyb Litepaper here: https://medium.com/@oderindeife/antsyb-litepaper-55f84a94d38
Ifeoluwa Oderinde; Researcher and community builder. Research on the Ethereum Protocol https://medium.com/coinmonks/understanding-the-ethereum-yellow-paper-f280800df590