What Is ‘Sybil Attack Resistance’ in a Decentralized Oracle Network?
Sybil attack resistance is the network's ability to prevent a single malicious entity from creating numerous fake identities (Sybil nodes) to gain a disproportionate influence over the consensus mechanism. A DON achieves this by requiring nodes to stake a significant amount of capital or by implementing reputation systems and unique identification mechanisms, ensuring the integrity of the aggregated data feed.
Glossar
Sybil Resistance
Architecture ⎊ Sybil resistance, within cryptocurrency derivatives and options trading, fundamentally concerns the design of systems to mitigate the impact of malicious actors controlling multiple identities to gain undue influence.
Attack Resistance
Resilience ⎊ Measures of attack resistance quantify the system's capacity to absorb malicious input, such as denial-of-service attempts or transaction manipulation, without compromising the integrity of the ledger or derivative positions.