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Chaos Labs explains L0 Sybil detection criteria, focusing on funding sources and interaction behaviors

CointimeCointime2024/05/18 02:52
By:Cointime

On May 18th, Chaos Labs, the partner of LayerZero's witch detection, founder Omer, released the process of monitoring witches on social media. Omer stated that the principle of detection is to ensure that real users are not harmed, maximize accuracy, and screen out the "scientist" addresses of mass account creation for airdrop hunters.

According to the data provided by Omer, the total number of LayerZero users is currently 4.82 million, with 2.18 million unique funding source addresses, and witch users account for 14.8%.

In the detection process, Chaos Labs will trace the funding sources of the detected addresses, focusing on CEX/DEX and bridges, and marking the first native token transfer of each account as a fund transaction. For example, if an address has the same funding source within 24 hours and similar interaction behavior thereafter, it will be marked as a witch.

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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

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