Related papers: Fighting Sybils in Airdrops
Airdrops are a popular mechanism used by blockchain protocols to bootstrap communities, reward early adopters, and decentralize token distribution. Despite their widespread adoption, the effectiveness of airdrops in achieving long-term user…
Airdrops issued by platforms are to distribute tokens, drive user adoption, and promote decentralized services. The distributions attract airdrop hunters (attackers), who exploit the system by employing Sybil attacks, i.e., using multiple…
Sybil attacks pose a significant security threat to blockchain ecosystems, particularly in token airdrop events. This paper proposes a novel sybil address identification method based on subgraph feature extraction lightGBM. The method first…
Blockchain platforms attempt to expand their user base by awarding tokens to users, a practice known as issuing airdrops. Empirical data and related work implies that previous airdrops fall short of their stated aim of attracting long-term…
Airdrops are a popular method of distributing cryptocurrencies and tokens. While often considered risk-free from the point of view of recipients, their impact on privacy is easily overlooked. We examine the Clam airdrop of 2014, a…
Many distributed systems are subject to the Sybil attack, where an adversary subverts system operation by emulating behavior of multiple distinct nodes. Most recent work to address this problem leverages social networks to establish trust…
We describe a distributed coin minting protocol that mints one coin per time unit for each member in a digital community. The protocol assumes that community members use a trust-graph to determine the genuineness of digital identities, and…
With the increasing popularity of blockchain technologies in recent years, blockchain-based decentralized applications (DApps for short in this paper) have been rapidly developed and widely adopted in many areas, being a hot topic in both…
This research examines the polycentric governance of digital assets in blockchain-based Decentralized Autonomous Organizations (DAOs). It offers a theoretical framework and addresses a critical challenge facing decentralized governance by…
We investigate the problem of sybil (fake account) detection in social networks from a graph algorithms perspective, where graph structural information is used to classify users as sybil and benign. We introduce the novel notion of user…
Launching a new blockchain system or application is frequently facilitated by a so called airdrop, where the system designer chooses a pre-existing set of potentially interested parties and allocates newly minted tokens to them with the…
A decentralized application (dapp for short) refers to an application that is executed by multiple users over a decentralized network. In recent years, the number of dapp keeps fast growing, mainly due to the popularity of blockchain…
Many large decentralized systems rely on information propagation to ensure their proper function. We examine a common scenario in which only participants that are aware of the information can compete for some reward, and thus informed…
Efficient transfers to many recipients present a host of issues on Ethereum. First, accounts are identified by long and incompressible constants. Second, these constants have to be stored and communicated for each payment. Third, the…
Voting mechanisms are widely accepted and used methods for decentralized decision-making. Ensuring the acceptance of the voting mechanism's outcome is a crucial characteristic of robust voting systems. Consider this scenario: A group of…
Regardless of which community, incentivizing users is a necessity for well-sustainable operations. In the blockchain-backed Web3 communities, known for their transparency and security, airdrop serves as a widespread incentive mechanism for…
Preventing fake or duplicate digital identities (aka sybils) from joining a digital community may be crucial to its survival, especially if it utilizes a consensus protocol among its members or employs democratic governance, where sybils…
In recent years, decentralized applications (dApps) built on blockchain platforms such as Ethereum and coded in languages such as Solidity, have gained attention for their potential to disrupt traditional centralized systems. Despite their…
Any decentralised distributed network is particularly vulnerable to the Sybil attack wherein a malicious node masquerades as several different nodes, called Sybil nodes, simultaneously in an attempt to disrupt the proper functioning of the…
In this paper, we study the problem of early detection of fake user accounts on social networks based solely on their network connectivity with other users. Removing such accounts is a core task for maintaining the integrity of social…