BTC $64,660.80 +0.59%
ETH $1,918.03 +1.03%
BNB $586.44 +3.17%
XRP $1.08 +1.06%
SOL $74.38 +1.30%
TRX $0.3278 +0.45%
DOGE $0.0702 -0.11%
ADA $0.1679 +2.68%
BCH $217.63 +3.49%
LINK $8.44 +1.86%
HYPE $53.59 -2.71%
AAVE $98.57 -0.03%
SUI $0.6939 +1.13%
XLM $0.1724 -0.10%
ZEC $473.82 +2.10%
BTC $64,660.80 +0.59%
ETH $1,918.03 +1.03%
BNB $586.44 +3.17%
XRP $1.08 +1.06%
SOL $74.38 +1.30%
TRX $0.3278 +0.45%
DOGE $0.0702 -0.11%
ADA $0.1679 +2.68%
BCH $217.63 +3.49%
LINK $8.44 +1.86%
HYPE $53.59 -2.71%
AAVE $98.57 -0.03%
SUI $0.6939 +1.13%
XLM $0.1724 -0.10%
ZEC $473.82 +2.10%

den

All
Article
Flash

Base Build launches Verify Onchain, using on-chain identity verification to solve the airdrop witch attack problem

According to official news, Base Build announced the launch of Base Verify Onchain to address the issue of witch attacks in the blockchain ecosystem. This feature has been launched on the Base Sepolia test network, allowing developers to implement the "one real user, one claim" rule in smart contracts. Base Build stated that traditional airdrop mechanisms are easily manipulated by bulk wallets, and a large number of rewards are often obtained by professional airdrop farmers, while users who genuinely participate in product development can only receive limited benefits.Base Verify Onchain helps project teams identify multiple wallets controlled by the same user by generating a stable identity hash for each real user, without needing to obtain users' names, account information, or other private data. Users can complete verification through existing accounts such as Coinbase, Instagram, X, and TikTok. The system then returns a verified identity credential to the smart contract, which automatically enforces rules such as claim limits, voting restrictions, or quota controls. Currently, Base Verify has been used over 300,000 times and serves collaborative projects such as Base App, Cody, Scratch, and Bracket. Base Build stated that Verify Onchain will provide fairer airdrops, token distributions, governance voting, and user incentive mechanisms for decentralized applications. Developers can use this technology to limit the number of claims per real user, allocate rewards based on real identities, or convert real-world signals into on-chain credibility, thereby reducing the impact of bots and multi-wallet manipulation on the fairness of Web3 applications.

Ondo abandons the independent blockchain route and launches a new execution network: creating an architecture with "exchange-level performance on-chain."

Ondo Finance announced the launch of the new Ondo Network, positioned as a high-performance execution layer, aimed at combining the trading speed of centralized exchanges (CEX) with the non-custodial and secure settlement capabilities of blockchain. Ondo CEO Ian De Bode stated that the Ondo Network is an "evolutionary version" of the previous Ondo Chain plan, and the company will not operate two networks simultaneously, but will adjust its original plan of building a complete blockchain to focus on the execution layer architecture.According to reports, Ondo initially planned to fully bring real-world assets on-chain through Ondo Chain, but after developing the Ondo Perps perpetual contract trading platform and communicating with users, it was found that the current market's core bottleneck is not asset settlement, but trading execution efficiency. The Ondo Network adopts a separated architecture for execution, validation, and settlement, using secure hardware to isolate the execution environment, which enhances trading speed while maintaining user asset self-custody, verifiable transactions, and permissionless blockchain characteristics.Currently, Ondo Perps has become the first application built on this network, supporting 24-hour trading of stock and commodity perpetual contracts, and allowing the use of tokenized real assets as collateral. Ondo stated that in the future, the network will also support applications requiring high performance, privacy protection, and verifiable execution, such as spot trading, lending, and structured products. In addition, the launch of the Ondo Network will not change the positioning of the ONDO token. The CEO stated that ONDO will still serve as the governance and incentive token for the Ondo RWA ecosystem and market infrastructure, and as the network gradually decentralizes, ONDO will be used to coordinate the incentive mechanisms for validation nodes, observers, and ecosystem participants.
app_icon
ChainCatcher Building the Web3 world with innovations.