Apparently, airdrop farmers are e-beggars now and also sybil because they don't use “chains” like a normal user would. I've long stayed out of this airdrop discussions but these days it seems that's all that's being talked about.
Remind me again, isn't the whole point of “blockchain” to enable people perform transactions and manage their finances how they like? Why try to KYC everyone and penalize others for having multiple wallets - literally a security measure largely promoted?
Fuck me, how many layer 2 blockchains have I stumbled on lately that is building some shit and is gearing for an airdrop?
I'd be damned if we aren't already looking at over 100 fuckin “Ethereum layers 2s” that should magically make “Ethereum work”.
Well, news flash, Ethereum already works, in the exact manner it needs to. I am sincerely tired of seeing all these bullshits, why can't people fuckin read between the lines?
It most certainly may not have started off with the reality that is now heavily monetized, but it is and will remain this way because it's now a fuckin goldmine, I mine, how else can you dominate if you can't outsource to thousands and have them write you a check at the end of the day?
Dominate by taking home a commission, it's the business model that is vastly scalable, you quite simply leave all the “smart and heavy lifting” to the small guys.
Not sure what I'm talking about?
I have seen at least 16 layer 2 blockchains for Ethereum so far and if I have to read another “Rollup-infested” whitepaper I might lose my shit cause people keep promoting them when they all basically do the same thing but get priced differently across the industry to create a balance meant to keep people away from identifying the illusion.
Ethereum will remain expensive so that these “layer 2s” can thrive. I don't see a future where Ethereum solves all its flaws and dominates DeFi, no no. You know, the mistake people make is thinking that Ethereum needs to fix all its “daddy issues?” to dominate, no, it simply needs to maintain its cost and technological flexibility to keep developers rolling in to build shits that “makes it better”.
At the end of the day, it remains the “finality chain” so who cares? Validators make money, that's all that matters, not the end-user getting access to cheap transactions.
Bitch, wasn't this post about airdrops?
Oh it is, and there's a good reason why all that needed to be said.
Fuck Project Builders
Yes, all these sybil bullcrap is total nonsense when it comes to projects like layer 2 blockchains.
They can take all that morality bullshit and shove it up their asses because for all there is to know, there's absolutely nothing sybil about on-chain transactions targeted at airdrops, especially if the end goal is to simply dump those tokens.
What the fuck is sybil anyways? OK, let's ask ChatGPT, yeah?
A Sybil attack is a type of security threat in computer networks, especially in peer-to-peer networks, where a single entity creates multiple fake identities to gain a disproportionate influence or control over the network.
Now would you look at that, does anyone really believe that airdrop farmers actually care about controlling those stupid damn layer 2 networks which are just another rollup software with different tokenomics and logos?
Matter of fact, we have these projects running around airdropping 17.5%(sometimes less) of their supply of over billions of tokens where the rest are basically teams and investors' wealth and they talk about sybil? How much can one really get from 17.5% in the grand scheme of things that would be enough for them to pose a significant threat to these networks?
This is all comical, honestly.
If I spend $300 in fees, and do this with 10 different wallets, it doesn't matter, I should get airdrops to all those wallets if your airdrop criteria includes “on-chain transactions” which you are very much aware will cost me a handful, it's fuckin Ethereum we're dealing with as the finality layer remember?
So while you might be some sort of cheap stepdaughter, I still gotta go through your father to get to you!
If you're doing an airdrop where 80% of your supply is allocated to the community, then sure, you can fuckin talk about sybil. If your airdrop tasks does not include activities that users will spend actual money, then you can fuckin talk about sybil.
But if otherwise is the case, you best not bring that sybil bullshit because at the end of the day, miners make money in the process of users carrying out these activities, hence, every wallet(fuck if one person controls 10) deserves to get rewarded for their contributions to the chain.
Because not only did they spend time, risk their capital to test your crap chain, they paid fees in the process to your father chain, Ethereum.
Airdrop farming isn't exactly a fiasko, but these layer 2 cults seem to be trying to act as though they are doing some charity event when in fact the community are the ones carrying this industry and enabling them to land fat checks of VC funding.
Sybil my ass, now we have wallets with only 3 on-chain transactions getting thousands of tokens where those that contributed more don't even qualify.
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