Proof of Individuality, the New-Age Security on BlockchainThe virtual world is full of threats; Sybil attacks make a sizeable chunk of it. Especially with the increasing implementation and usage of peer-to-peer networks, the network infrastructure lies more exposed to such attacks than ever. Cryptocurrencies also use a form of peer-to-peer network, which naturally puts them on the list as well. The magnitude of threat is now being countered by the development and implementation of anti-Sybil protocols.
Proof of Individuality is one of the protocols currently being developed to counter Sybil attacks. The term Sybil is based on a book by the...
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