The largest witch hunt in history comes to an end: LayerZero's fancy anti-witches stage a prisoner's dilemma

Written by: Nancy , PANews

On May 30, LayerZero’s weeks-long witch purge officially came to an end. Although witch hunting has been a regular part of airdrops for major projects, LayerZero’s fancy anti-witch activities staged an encrypted version of the “Prisoner’s Dilemma.”

In the story of "Prisoner's Dilemma", two suspects were locked up in different rooms for interrogation after committing a crime. Due to the lack of sufficient evidence, the police gave several options. If both of them resisted, they would be If there is insufficient evidence, each will be sentenced to 3 years; if both confess, each will be sentenced to 5 years; if one party confesses and the other resists, the confessor will be sentenced to 2 years and the resister will be sentenced to 7 years.

Today, the most classic case in this game theory is a true portrayal of the LayerZero airdrop activity. As a high-valued leading project, LayerZero has naturally become the focus of many users' ambush after its launch. However, the community has not yet waited for the "big hair", but it has first ushered in strict anti-witch censorship.

Anti-witch involution: from self-surrender to mutual reporting

Early this month, LayerZero announced the launch of a 14-day self-reporting plan for witch activities. In return, users who self-report will receive expected distributions 15%, but this part of the list will not be published. Users who are identified as witch users by LayerZero but do not self-report will not receive any token allocation.

In order to appease users and show fairness, LayerZero later stated that "witch self-reporting" was not aimed at individual users, but at large witches, and LayerZero employees were prohibited from participating in airdrop applications, and violators would be fired.

The self-examination action has been participated by many LayerZero users. In the view of many multi-account masturbation users/studios, instead of getting nothing after being identified by LayerZero later, surrendering can still keep part of the income. According to data released by LayerZero Labs, more than 338,000 addresses self-reported during the witch self-reporting phase, and a total of more than 803,000 addresses were initially determined to be potential witches. Each address that meets the requirements will receive 15% of its expected token distribution. , the remaining 85% will be returned to qualified users.

But surrendering is just the "appetizer" for LayerZero's anti-witches, and "bounty reporting" makes this purge even more involution.

From May 18th to May 31st, it’s Bounty Hunting time for LayerZero. According to the LayerZero related submission page, a total of 3,550 reports have been submitted.

However, this hunting activity has many twists and turns, and it also opens up a Shura field that tests human nature. According to the rules of LayerZero's witch hunting bounty activity, the reporter needs to provide at least 20 addresses indicating the witch's operation. The bounty hunter who successfully reports the witch will receive 10% of the witch's expected token distribution, and the remaining 90% will be returned to Eligible addresses. However, if the witch address was originally due 0 tokens, then the bounty hunter will also receive 0. If the same address is reported, the bounty will be awarded to the first reporter. Of course, in order to prevent users from being "accidentally killed", LayerZero allows addresses that have been mistakenly reported as witches to appeal by filling out a form.

Immediately after the event started, many community reports were received. According to LayerZero CEO Bryan Pellegrino, more than 3,000 witch reports and 30,000 complaints were received within the first few hours of the bounty campaign. Moreover, due to the large amount of spam that resulted in many GitHub accounts being banned, LayerZero had to announce its suspension two days after the witch hunting bounty activity started, and Bryan Pellegrino said that a deposit mechanism would be introduced, and whistleblowers would need to pledge 0.02 ETH to submit a report.

On May 28, LayerZero Labs announced that it would reopen the submission of witch bounty reports and increase the deposit to 0.5 ETH. The event will end within 48 hours (8:00 on May 30, Beijing time). This means that only addresses that provide a deposit are eligible to submit reports, and the deposit will be refunded after TGE if the report is submitted honestly or if the report is successful. If the report appears to be theft of someone else's work, any form of fraud, lack of methodology, spam, etc., the deposit will not be refunded and will be destroyed. According to Ethereum browser data, LayerZero received more than 240 ETH within 2 days of restarting activities, which means it received approximately 480 reports.

Driven by economic interests, various reporting farces continue to be staged. For example, some employees of Lumao Studio chose to resign and reported internal accounts, the address of a large airdrop owner of a certain project was reported, and there were also reports on the witch cluster of users targeting large users/Lumao KOL, etc. It was even reported in the market that the security agency Trusta reported to Layerzero at one time 470,000 suspected witch addresses were submitted, which the agency denied and said it would never report any addresses.

Picture source: Community

However, this reporting mechanism has also led to many users being "accidentally injured" ”. Bryan Pellegrino responded by saying that anyone can put anything they want into the report, but not every report is valid, and the "conclusive" standard is actually very difficult to achieve.

The "Analysis of LayerZero Witch Reporting Report" released by @vga.eth pointed out several points. Among them, the main points of the official analysis of witches are: 1. A cluster with ten, hundreds or thousands of addresses participating in the interaction, There are obvious traces of fund transactions, such as one-to-many transfers, many-to-one collections, etc.; 2. In order to increase the interaction of a chain, the cross-chain amount is 0.01 US dollars or less; 3. A large number of valueless NFTs are minted to cross-chain Increase the number of interactions, a small amount will be fine; 4. Use popular witch interaction programs, such as L2 Pass, etc.; At the same time, the following points must be reported by witch hunters: 1. Transactions in the same cross-chain direction; 2. Addresses with consistent contract calls; 3 .All contract interaction habits and sequences are consistent; withdrawals are usually made through the same centralized exchange account, with similar amounts and times; 4. The number of mainnet interactions is minimal and the balance of the entire EVM chain is small (less than $200).

Currently, the final list of witches has yet to be determined and will be officially announced after official review by LayerZero. However, according to Bryan Pellegrino’s previous statement, it is estimated that only 6.67%-13.33% of the 6 million addresses will be eligible for airdrops, and his latest response to user questions was, “90%-95% of the reporting reports must be valid, or even more Of course, bad reports are quickly 'discarded'. "

The witch hunt has come to an end, and the users who participated in LayerZero are waiting for a "judgment of fate."

The above is the detailed content of The largest witch hunt in history comes to an end: LayerZero's fancy anti-witches stage a prisoner's dilemma. For more information, please follow other related articles on the PHP Chinese website!