Do you know how they protect against abuse with that? It seems like it's very easy for someone to automate that process and sign up tons of accounts, which would come as a cost to LeoFinance. They also only have about 1000 account creation tokens, so I wonder what will happen if they onboard more users than that.
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I am not sure. I’ll ask. I doubt there is much that can be done but there is a cost to broadcast the transaction.
I have 80,000, I can spare some if he needs them.
Yea let me know what you find out. You of all people know how free account creation services can be abused. I'm just worried that if there aren't any protections then it will be taken advantage of to create a bot army or something at their expense.
But it sounds like the cost of an Eth transaction is more than enough to stop this.
There's no transactions involved, it's just signing a message with the private key.
oh... right... so eventually one person is going to claim 800 accounts... lol :(
I think you can only create one account with metamask since it makes you sign a tx with your eth account and connects your new hive account to that eth account. that was the case when i tried but i only have one eth address so maybe possible if you have several? idk
Yes, anyone can create any number of Ethereum wallet addresses very easily.
I feel that we are often blocking ouselves by thinking too much about potential abuse cases. Sure, this is an important point, but I think we have to think bigger than that. The potential pros I think often outweigh the cons; it's the same with e.g. a linear rewards curve; there is potential for abuse, but overall the good could be much more.