To Combat Solana’s Bot Problem, Civic Unveils Free Digital ID for NFTs

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On September 14, the Solana network—primed for speedy, low-cost transactions compared to oft-congested Ethereum—went down for 17 hours.
The culprit was a group of bots, software programs that crypto traders use to make automated trades, aping into the GRAPE token sale on decentralized exchange Raydium. The Solana Foundation called it, “in effect, a denial of service attack”—though the bots’ intended use was to outmaneuver other traders, not to take down the network.
It’s not just exchanges that are having issues with bots; the software can also be programmed to bid on NFTs. To deal with this growing concern, San Francisco-based Civic, a decentralized identity protocol, announced today the launch of Ignite Pass, a free version of its Civic Pass. Civic says Ignite Pass will require non-fungible token (NFT) buyers to prove their “liveness” so that drops and mints can maintain an equitable and transparent community.
Chris Hart, the CEO of Civic Technologies, has called bots nui

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We współpracy z: https://decrypt.co/85492/combat-solana-bot-problem-civic-unveils-digital-id-nfts

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