Buterin also rejected the idea of using ‘proof of wealth’ alone as an anti-Sybil measure, saying it excludes people unable to pay and concentrates power among the wealthy.
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Vitalik introduces ‘pluralistic’ IDs to protect privacy in digital identity systems
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Vitalik Buterin rejects the use of proof-of-wealth as the sole anti-Sybil mechanism, arguing that it concentrates power among the wealthy and excludes users who cannot afford access.
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