Virtual Pseudonym Parties, anti-bot protection using the NYM security token

Virtual Pseudonym Parties, anti-bot protection using the NYM security token


Virtual Pseudonym Parties is a global pseudo-anonymous proof-of-personhood, a sort of "temporary access tokens", similar to festival bracelets. The PoP tokens are renewed monthly, untraceable from month to month, and disposable.

The Virtual Pseudonym Parties dApp uses a security token, NYM, to protect against bot attacks. The way bots are prevented from getting PoP tokens, is through making it very very expensive as people can easily penalize most attempts at bot attacks.

The main penalty is that the deposits, used to register for a month, are lost if not verified. The pseudonym parties, 5 people in each party, use majority rule, where 3 people always win over 2. So for every group where a bot would have 3 nyms, there would be exponentially more where they had 1 or 2 nyms, and those deposits would be lost.

This is a minor penalty occasionally for people, very infrequently, and a massive penalty for bots.

Then, there are fees (in NYM) which are redistributed to the previous month's PoP holders. This penalty only has effects when there is a sudden surge in the number of nyms, as during an attempted bot take-over.

Combined, the deposit penalties and fees make it very costly to bot attack, and, the NYM token also devalues entirely if the attack is successful, making it even more costly.

Whitepaper: 

Anti-sybil Protocol Using Virtual Pseudonym Parties


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