Sybil Attack countermeasures for Gitcoin
Gitcoin's Blog recently published an article titled "A Community Based Roadmap for Sybil Detection Across Web 3" https://gyazo.com/fca030f38eaecef71d9438cbbaf03a1e, which discusses Gitcoin's efforts to combat the Sybil Attack. Gitcoin is investing significant resources to detect and prevent attempts to carry out Sybil Attacks through wallet addresses and DIDs associated with Gitcoin accounts.
To make these countermeasures more accessible to Dapps, Gitcoin aims to provide an SDK-like solution that can be easily utilized. The insights gained from this information will be utilized to create a decentralized version of proofofpersonhoodpassport.com is currently inaccessible tkgshn.icon*2.
It is important to note that while PoW and PoS guarantee that the network operates as intended, they are not used for consensus, the current public blockchain primarily operates on market principles. This means that consensus formation is based on factors such as price, supply and demand, and computational algorithms, rather than through discussions or voting Layer of consensus formation.
In the context of Gitcoin Grants, where Quadratic Funding is employed, there is a risk of multiple wallets owned by the same user donating to the same project, resulting in a significant distribution of funds from the matching pool. To address this, Gitcoin integrates Gitcoin authentication with Proof of Humanity, Bright ID, and Idena, among others. This integration aims to adjust the voting power of Quadratic Funding through the verification of users' humanity Adjusting the Voting Power of QF through GP's Humanity.
In conclusion, it is important to acknowledge that the problem of Sybil Attacks is still not fully resolved.