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LayerZero Labs CEO on Sybil activity

302,605 Aufrufe • vor 2 Jahren •via X (Twitter)

9 Kommentare

Profilbild von Packs ( hateful shekel goblin arc )
Packs ( hateful shekel goblin arc )vor 2 Jahren

My guy in the middle smiling hard when he hears he essentially doesnt care about sybils farming the protocol lmao

Profilbild von Rani choudhary 💎 $FYN
Rani choudhary 💎 $FYNvor 2 Jahren

Some people making volume with 100k and some with 100 This doesn't make sense to average it If they count Sybil, the New users will never be able to grow

Profilbild von Littlered
Littleredvor 2 Jahren

compare such average volume per tx with other projects is nonsense to Layerzero, they have much higher user base, so the average value must be lower, that's normal

Profilbild von Southern fried crypto
Southern fried cryptovor 2 Jahren

People are taking this out of context. He's saying it's irrelevant to the use case of the bridge. He's not talking about airdrop parameters (which a lot of people are conflating with these comments)

Profilbild von M.Crypto🐐🛸❤️ Memecoin
M.Crypto🐐🛸❤️ Memecoinvor 2 Jahren

I mean, with L0 bridging is now possible for small traders. I can transfer 75 bucks to buy a shit coin in Arbitrum and spend like a buck or less bridging...I personally dont think they will filter out based on small avg txs

Profilbild von Grind3r
Grind3rvor 2 Jahren

In other words Sybil tf out lol

Profilbild von BTCrypto Coach 🐻⛓️
BTCrypto Coach 🐻⛓️vor 2 Jahren

Nice

Profilbild von Jyte_web3 🍸
Jyte_web3 🍸vor 2 Jahren

nice niceeeeeeee

Profilbild von Moeen
Moeenvor 2 Jahren

Can you explain what exactly he said?

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LayerZero Fought the Sybils and Airdropped Its Token. Did the Team Win? After LayerZero’s token generation event (TGE), Bryan Pellegrino (Bryan Pellegrino (臭企鹅)) joined the show to talk about: 🛡️ The anti-Sybil campaign and its challenges 🔍 Why they offered a self-report option 🫵 Why they required a donation to claim ZRO 😱 The drop in LayerZero's activity 🔮 Future plans for airdrops and network growth Timestamps: 🔹 00:00 Introduction 🔹 01:23 Why LayerZero launched an anti-Sybil campaign with its airdrop, and what challenges they faced in ensuring genuine user participation 🔹 04:51 Why LayerZero offered a self-report option for Sybil attackers, and how this strategy revealed both the complexities and the creativity within the crypto community 🔹 10:16 How the anti-Sybil campaign uncovered over a million fraudulent accounts 🔹 14:34 What Bryan would have done differently in their campaign 🔹 17:18 What alternative methods, such as KYC and proof-of-humanity protocols, LayerZero could have used for their anti-Sybil campaign 🔹 18:35 How LayerZero navigated the cat-and-mouse game with industrial airdrop farmers 🔹 23:08 Why they decided to impose a donation to Protocol Guild to claim the ZRO token 🔹 32:07 What caused the dramatic drop in LayerZero's activity post-announcement of their anti-Sybil campaign, and why the team is optimistic despite the decline 🔹 35:23 LayerZero's plans for future airdrops 🔹 38:40 What Bryan thinks the future holds for airdrops in crypto, and how the current broken system can be improved to achieve better distribution and user engagement

Laura Shin

147,402 Aufrufe • vor 1 Jahr