Binance & Elon vs. Twitter bots
In today's quick n' cool news:
Binance are planning to help Elon fight Twitter bots, using blockchain technology.
...but what would this solution actually look like?
Right now, it's unclear - but seeing as blockchains require payment every time data is transmitted/added to them, our guess is that Binance is looking to hit scammers where it hurts (their wallets).
For example:
If users comment the same (or similar) content, more than X times per day, under the tweets of accounts that don't follow them back - they have to:
Prove their identity, in order to continue reaching those accounts.
Pay $1 to make any further comments/tweets to accounts that don't follow them back.
As for everyone else - as long as we're not copy/pasting the same content/links to high profile accounts multiple times a day - we'll never have to pay a dime.
This is just a guess at what the solution could look like - we have no idea what approach Binance are planning to take.
As long as it makes copy/paste spamming a losing game, we're all for it.