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What is Proof-of-Personhood?
The post What is Proof-of-Personhood? appeared on BitcoinEthereumNews.com. What is Proof-of-Personhood? As AI evolves, it becomes increasingly important to distinguish between activities performed by a human and a neural network. Proof-of-Personhood (PoP) can help solve this problem. It is a mechanism that confirms the ‘personhood’ and uniqueness of an individual. The method has become widespread because attackers create many fake accounts to manipulate voting or award distribution. PoP also ensures that every participant in the project receives an equal vote and share of the rewards. It is important to note that, unlike other popular consensus mechanisms like Proof-of-Work (PoW) or Proof-of-Stake (PoS), PoP does not distribute voting rights or rewards in proportion to the resources invested. The need for Proof-of-Personhood verification systems is driven, among other things, by threats of unfair use of the dipfake technology. Why It’s Needed Advanced AI has the potential to be an empowering tool for humans. That said, it’s already causing quite a few problems. 2014: a five-month-long Sibylla attack produced by unknown people on the Tor network. Later, developers created a software tool that revealed multiple alias nodes. Bitcoin wallet address rewriting schemes, redirects to phishing sites, and a number of nodes used to investigate the possibility of de-anonymising the network were uncovered. 2024: A Reddit user won a bet by verifying himself using a generated image. The ID card was created by the AI model Stable Diffusion. Curiously, the name of the generated character was listed as ‘Your Mom’. This technology is particularly alarming for representatives of the financial sector: according to The Wall Street Journal, the number of fraud cases using AI in 2023 increased by 700% at once. Proof-of-Personhood is designed to solve these problems. Firstly, PoP provides natural rate limiting through account verification, which essentially eliminates the possibility of conducting a Sibylline attack on a noticeable scale. Second,…
The post What is Proof-of-Personhood? appeared on BitcoinEthereumNews.com.
What is Proof-of-Personhood? As AI evolves, it becomes increasingly important to distinguish between activities performed by a human and a neural network. Proof-of-Personhood (PoP) can help solve this problem. It is a mechanism that confirms the ‘personhood’ and uniqueness of an individual. The method has become widespread because attackers create many fake accounts to manipulate voting or award distribution. PoP also ensures that every participant in the project receives an equal vote and share of the rewards. It is important to note that, unlike other popular consensus mechanisms like Proof-of-Work (PoW) or Proof-of-Stake (PoS), PoP does not distribute voting rights or rewards in proportion to the resources invested. The need for Proof-of-Personhood verification systems is driven, among other things, by threats of unfair use of the dipfake technology. Why It’s Needed Advanced AI has the potential to be an empowering tool for humans. That said, it’s already causing quite a few problems. 2014: a five-month-long Sibylla attack produced by unknown people on the Tor network. Later, developers created a software tool that revealed multiple alias nodes. Bitcoin wallet address rewriting schemes, redirects to phishing sites, and a number of nodes used to investigate the possibility of de-anonymising the network were uncovered. 2024: A Reddit user won a bet by verifying himself using a generated image. The ID card was created by the AI model Stable Diffusion. Curiously, the name of the generated character was listed as ‘Your Mom’. This technology is particularly alarming for representatives of the financial sector: according to The Wall Street Journal, the number of fraud cases using AI in 2023 increased by 700% at once. Proof-of-Personhood is designed to solve these problems. Firstly, PoP provides natural rate limiting through account verification, which essentially eliminates the possibility of conducting a Sibylline attack on a noticeable scale. Second,…
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