American entrepreneur Marc Andreessen posted a screenshot of what appears to be a Twitter user impersonating his name to promote a crypto giveaway, asking: “What algorithm can capture this kind of content?” Andreessen asked Tesla CEO Elon Musk.
While Mark Cuban, billionaire investor has proposed a rather novel solution. It states that this problem can be solved by first adding a “Optimistic Rollup” or a Layer 2 solution to Dogecoin ( DOGE ).
We add an optimistic roll up to Doge Everyone puts up 1 doge for unlimited posts. If anyone contests a post and humans confirm it’s spam, they get the spammer’s Doge. Spammer has to post 100x more Doge If it’s not spam,the contestor loses their Doge. DogeDAO FTW !
https://t.co/m6jiDve3AF
— Mark Cuban (@mcuban) May 1, 2022
To post unlimited on Twitter, everyone is required to place one DOGE ($0.13 per coin at the time of writing) as collateral. The person who reports the post will receive the spammer’s DOGE, therefore the spammer must place 100 DOGE as collateral for permission to create additional posts. Competitors will lose DOGE.
Shibetoshi Nakamoto, creator of Dogecoin, also praised the system:
Last week, Elon Musk made an offer to buy Twitter for $44 billion and, according to Musk, one of his top priorities for the platform includes reducing the number of fraudulent tweets. cryptocurrency
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