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nano is interesting to watch. it is one of those DAGs/lattices, like stellar. they were vulnerable to spam and got written off after a couple exchange scams sou
by jazzyjackson 5y ago
nano is interesting to watch. it is one of those DAGs/lattices, like stellar. they were vulnerable to spam and got written off after a couple exchange scams soured the early adopters and ddoses brought the network to a halt, but years later they’ve patched the place up and maybe it’ll work
there’s even a cute/terrifying faucet app, “wenano”, where people can setup a geofence and disburse funds to anyone who shows up, pokemon go style
mostly a dollar or two for being in a certain city, but I can imagine the chaos that allowing more specific geofences and higher bounties can cause.
on the other hand, humanitarian crisis on the turkish border? some benevolents can set up a free-money faucet right in the middle of the refugee camp, people around the world can “top off” the faucet and keep the the funds flowing
freaky future coming up quick
- luckylion 5y ago> there’s even a cute/terrifying faucet app, “wenano”, where people can setup a geofence and disburse funds to anyone who shows up, pokemon go style How does that work, can't you just fake the location service on your phone and "be" there? Or do they require 24/7 tracking and checking whether you've been a the airport etc?
- jazzyjackson 5y agoI’ll try it tomorrow and let you know, I was looking up ways to spoof gps through devtools but I can imagine some countermeasures, namely, comparing your location when you try to claim a faucet and deciding you arrived awfully fast from newfoundland to the maltese islands. If I can only teleport my location as fast as I can drive, it would hardly be worth it.
- chii 5y agoCreate a million accounts, each spread out in a grid around the world. Then, as soon as a claimable geolocation appears, you use the closest to claim it!
- tomtomistaken 5y agoThat is why developing proof-of-location is important.
- jazzyjackson 5y agowhat’s the state of the art? I always imagined you could just have some random number generator sunk into concrete somewhere and do kind of like the authenticator apps do: turn the crank on the RNG to produce the next key. except instead of having 30 seconds to type it in, your phone would have like .3 milliseconds to communicate that to the geo-beacon to prove that you’re nearby, then the geobeacon can sign your attestation and you can use that proof however you want
- jazzyjackson 5y agoAha, they have no verification or captcha even for creating accounts. I’m sure its already being done.