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Ask HN: How Would You Stop Sybil Attacks in a GBI Blockchain?

1 points by bluebluetimes 8 years ago · 0 comments · 1 min read


I've been thinking a lot lately about crypto and using some sort of coin w/ built in DAO's owned by everyone... where the coin is how much you get of real-profits from the DAOs which could be real estate rental properties, vc funds, saas apps, etc.....and you can also buy/trade coins like normal, -- but everyone who owns coins could earn a GBI as well as in they'd be paid dividends of coins daily/weekly etc... But the biggest problems keep coming back to --how do you ensure every participant is a single REAL person on the network with no duplicate accounts, etc? Anyone have any thoughts on ways to do this?

I know so far Web Of Trust... maybe requiring Biometric scans... could have a bank tied into it where all funds from DAO's are deposited in USD, and each person would have to go through that bank's own verifications to ensure they're real people. But that would piss a lot of crypto-fans off who hate centralization altogether.

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