AI and cryptocurrency Web8 is the future
https://niggasin.space/thread/74684?p=1#post-1555886
Originally posted by the man who put it in my hood
Your soul will be bounded to the rock chain
HERE'S HOW
Web3 has some problems.
As of today:
-Users still verify collections with centralized platforms like OpenSea
-There is a lack of social scores
-Custodial wallets are still dominant
-Voting rights go to the highest bidder
-There is a lack of incentives to encourage community engagement
-A single user within a DAO can have multiple wallets to accrue voting power
Additionally, Web3 today centers around expressing transferable, financialized assets, rather than encoding social relationships of trust.
Yet, many core economic activities are built on persistent, non-transferable relationships.
However, there is a solution.
Soulbound tokens, and “Souls” have the potential to change everything.
These two models layout the framework for a decentralized society existing solely on-chain.
Let’s go over each of these terms..
Soulbound tokens are non-transferable tokens that are revocable by the issuer.
SBTs can be used to represent commitments to projects, real world credentials, certificates, & much more.
It’s an easy way to bring off-chain attestations to Ethereum.
Next, we have “Souls”.
A Soul is an account or wallet that holds one or more SBTs.
The various SBTs stored within a Soul can can be used to form one’s Web3 identity.
https://poap.xyz/
With these two primitives, we can form a society centered around native web3 identities with rich composability.
The future vision of Ethereum described in this paper involves small, incremental advances in the use cases of SBTs..These steps are referred to as “The Stairway to a Decentralized Society”, which consist of the following:
-Establishing provenance
-Unlocking undercollateralized lending with reputation
-Enabling decentralized key management
-Compensating coordinated strategic behavior
-Measuring decentralization
-Creating novel markets with decomposable, shared rights & permissions
Originally posted by Big the Cat
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"Double it" 🤣 Whoa!!! you can't just dupe bitcoin without a license! 🪙⏩🧬🔂🌌2️⃣🚪🪙🪙👥 I think I worked out how they do it; using a web8 portal transformation engine 🪙·.·´¯`·.·🪙 split the bits in half 🅱ʳ๏ᵏɛղ AF shadow coin doubling ̷̸̧̤̺͕̮̮͇̱̺̥̭̈̃̋̐͐̀̏͊̍̒̏͌̉̓̔̕ whoaaa!JACKPOT 🎰🤑💰 DUPING #BTC this company is on like 20 government watchlists 👤 so they must be legit. El petro ain't got nothing on these guys.. Hacking the blockchaI thought meshnet XR web8 eAI pigeon protocol over the sneakernet was the future AND THEN I LEARNED ABOUT LI-FI ??? Everyone is sleeping on space laser net & li-fi which is obviously the ultimate future tech . web3, web+ and even found the secrets to unlock web infinity by TURNING THE INFINITE SIDEWAYS … web∞ 🔃 web8 which is the final form of the web, wirh XR, EAi and the meshnet
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