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Learnings from beyond Cardano borders
It always pays to lift the head from time to time and look around what others are building - what challenges are they facing, if any lessons learned could be applied. One of the places I like to visit is Ethereum, and more specifically their somewhat equivalent of Catalyst - by name of Gitcoin. Recently, they've published a new way of how to combat bad actors and sybil resistance. Gitcoin is interesting because it has been iterating for a while on quadratic approaches to funding. A point of conversation in Catalyst as well.
This is a "Gitcoin Passport" Case study:
"Numerous Internet-based social entities need help ensuring each individual is a real person and does not set up multiple accounts. Sybil attacks rely on an attacker creating numerous identities that are not easily distinguishable from legitimate users. By creating a mechanism to detect and reject these false identities, web3 communities can be kept safe from malicious actors."
CONTINUE READING HERE
P.S.: Would love you to share with me what your impressions/observations are and if anything is applicable/how for Catalyst use case. Tweet at me or message me directly on any of the platforms in the footer of this email.
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