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social media platform X (formerly twitter) both cryptocurrency focused He pressed the button to combat bot accounts acting for fraudulent purposes in both other areas. Official blog shared by X in the post, “Not A Bot” application called New Zeland And PhilippinesIt was stated that it was implemented in .
New users in the countries specified within the scope of this new application every year $1 fee will pay and will need to verify their phone number before registering. Current users will not be affected by this tariff.
There may not be a solution for cryptocurrency bots
Sharing their ideas on the subject social media users And experts, $1 annual fee vs cryptocurrency bots there will be no solution he suggested.
According to the general opinion, currently implemented 8 dollar blue tick account application It wasn’t enough to get ahead of the boats. Many bot accounts pay the $8 fee fraud And spam He continued his work. Especially the cryptocurrency industry bots that target you, sometimes thanks to their blue tick and approved appearance. more big to profiteers signed.
At this point, experts $1 registration fee While stating that there will be no solution to the bot problem that X should bring more constructive solutions he emphasized.
Cryptocurrency wallet that made a statement on the subject CEO of SafePal Veronica Wong was among those who stated that this new application would not bring a solution:
While this new program is well-intentioned, it may be more effective to improve reporting measures to address existing problems. Users may still be vulnerable to bot accounts with blue and gold check marks. Strict scrutiny to prevent fraudulent ads will be more important to mitigate this situation.
James Wo, founder of research company DFG, made a similar statement. against determined fraudsters He reminded that a $1 fee would not be an obstacle:
Attempts to quell this problem with just a $1 annual fee fall short in the face of determined groups. As a solution, Web2 platforms need to consider implementing Proof of Identity and Decentralized Identity (DID) methods to effectively deal with the bot problem.