It's going to be pretty hard to distinguish between what's real and what's not. The only Thing that I can think of that solves that is signing Things that are real with cryptographic keys. We'll see how that evolves, but that has a lot of potential to bring in new users over the next few years.
Tushar Jain is Co-Founder of Multicoin
Tushar's Twitter: @TusharJain_
Multicoin's Twitter: @multicoincap
Multicoin's Website: https://multicoin.capital/
Logan Jastremski's Twitter: @LoganJastremski
Frictionless's Twitter: @_Frictionless_
Frictionless's Website: https://frictionless.fund/
Try out NEW Orca: https://bit.ly/neworca_logan
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This Podcast was sponsored by Squads (https://squads.so) & Orca (https://www.orca.so/).
Squads Protocol: the multisig standard you were looking for on Solana
Securely manage your treasury, program upgrades and tokens with your Squad.
- Multi-signature - A multisig requires multiple digital signatures in order to approve transactions. This is opposed to individual web3 wallets, which only require one signature.
- Security - Multisigs spread the attack vector necessary for your assets to be compromised. By requiring confirmations from multiple private keys, a single point of failure is eliminated.
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Orca is a Concentrated Liquidity Automated Market Maker (CLAMM, for short).
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