@cheqd_io

@cheqd_io

@getmasafi

@rabbithole_gg

Spartan Labs

@TheSpartanLabs

Why Are #Soulbound Tokens (SBTs) So Hyped Up?

When the SBT concept was first dropped, it took the crypto world by storm.

But what are #SBTs and why should we care?

In this 3-part series, we explore all things SBTs: definitions, uses and improvements!👇

medium.com/@spartanlabs/t…

@VitalikButerin

2/ In May’22, @VitalikButerin co-authored a white paper on SBT with fellow authors @glenweyl and @pujaohlhaver.

Within the white paper, they detailed their vision for a fully decentralised society and how the concept of “Soulbound” tokens could make it a reality.

3/ The economic value of the world is largely produced by people and their interdependent relationships.

However, Web3 lacks the representation of such social relationships and identities, which results in its dependence on the centralised Web2 infrastructure.

Read 19 tweets

cheqd.io 🆔 ⚛️

@cheqd_io

Aloha, cheqmates!🍹 We’ve had another great week at cheqd, let’s quickly recap.

👇

@TechBullion

📰 In the news 📰

cheqd have recently been mentioned in @TechBullion, ‘Understanding Decentralized Identities (#DIDs) and Why They Matter for Web 3.0 Mass Adoption’ 🥳

cheq out the article here techbullion.com/understanding-… 😎

👇

@fraser_again

And @fraser_again was featured on @TechNative, discussing why #NFTs & #SBTs aren’t the best solutions for #digitalidentity.

Read more here technative.io/why-nfts-and-s… 👈

👇

Read 9 tweets

cheqd.io 🆔 ⚛️

@cheqd_io

@fraser_again

Another great feature of @fraser_again on @TechNative discussing why #NFTs & #SBTs aren’t the best solutions for digital identity. Read the thread 👇

technative.io/why-nfts-and-s…

From fraud through to #privacy issues, here are the top use cases that NFTs and SBTs fail to deliver on or would be better “augmented” by fit-for-purpose digital identity solutions, such as #SSI including #VCs.

👇

👉 Using #NFTs to access Discord servers 👈

Decentralised Autonomous Organisations (#DAO) have started issuing NFT’s as identity proofs to access private channels. This did not stop the NFT’s from being sold and often leaves the person in the channel.

👇

Read 8 tweets

cheqd.io 🆔 ⚛️

@cheqd_io

Is Web5 just a repackaged SSI (cheqd.io/ssi/web5)? 🧐

👇

@Jack

With @Jack Dorsey’s announcement of #Web5 right after @VitalikButerin’s introduction of the soulbound tokens (#SBTs), the decentralised web has been buzzing and making waves in the mainstream media.

👇

Although these are two separate announcements, both have driven considerable attention to the decentralised #digitalidentity technology – self-sovereign identity, which, we argue, has been repackaged as Web5.

👇

Read 4 tweets

wagame.lens 🌿

@WagameEth

Hey anon, are you still dirt poor? Wagame is here to your rescue, with the fresh new #ImBroke list Part 4

We'll cover potential #airdrops 🪂 as well as free #NFTs 🖼️
Also in this thread: how to get airdrops by playing P2E games 🎮

🤫 #Airdrop #claim in this thread 🧵👇

1/ For easier navigation we categorized every single tweet, feel free to skip over - but be warned - you're then probably ngmi 🙅‍♂️

🚨 #ImBroke Alpha
⛹️‍♂️ Quest 2 Earn
🌿 Web3 Social Dapps
💸 Sequence Smart Wallet
🎮 P2E Games (Airdrops🪂)
🔥 Wagame Tasks on #Quest3

2/🚨 #ImBroke Alpha - Intro
You might say: "Hey Wagame, this is just a waste of time! Why should I put effort into getting some worthless #NFTs or building pointless web3 credentials?"

Read 26 tweets

Yugui ✍️

@Yugui_crypto

@VitalikButerin

🧵[SOULBOUND TOKENS : LE FUTUR DE LA BLOCKCHAIN ETHEREUM ?]

Selon @VitalikButerin, les SBTs pourraient totalement révolutionner notre identité sur le web dans les prochaines années

5min pour comprendre ce que sont les SBTs et l’impact qu’ils auront sur nos vies à l'avenir 👇

1. Qu’est-ce qu’un SBT ?
2. Quels problèmes résolvent-ils ?
3. Les cas d’utilisations
4. Les points encore à travailler selon Vitalik

👉 SBT signifie “soul bound token” (en traduction littérale “token lié à l’âme”)

Pour faire simple, un SBT est un #NFT avec les caractéristiques suivantes :
➡️non-transférable
➡️non “mintable” : les SBTs sont créés (et peuvent être burn) uniquement par la structure qui les émet

Read 24 tweets

santicristobal.eth

@scristobal94

¿Qué pasa cuando Vitalik saca un paper?

El mundo cripto se vuelve loco. Desde hace unos días todo el mundo está hablando sobre los #SoulboundTokens y la #DeSoc.

Pero... ¿qué son?¿de donde sale la idea de una alma? 👇👇

Los token que conocemos son transferibles.

La transferencia de valor está en el centro de cripto desde el nacimiento de #Bitcoin.

Está claro que poder transferir valor de forma inmediata, barata y segura es un avance enorme tanto en términos tecnológicos como sociales.

Pero en la vida real no todo es transferible.

Muchas actividades sociales y económicas dependen de la confianza y la contrucción de relaciones duraderas que no se pueden comprar ni vender.

Una amistad, un título universitario o tu reputación como artista, por ejemplo.

Read 19 tweets

CRYPTODRARIS

@cryptodraris

@VitalikButerin

[THREAD] 🧵Soulbound tokens

I read @VitalikButerin latest paper: Decentralized Society (DeSoc).

In this thread you'll find a summary with my main takeaways

papers.ssrn.com/sol3/papers.cf…

#SBTs #Soulbound #Soulboundtokens #NFT #Crypto #NFTs #Metaverse #Ethereum #ETH

Outline of the thread:

1. Context
2. Stairway to DeSoc (use cases)
3. Pitfalls
4. Conclusion

Before we move ahead, some definitions:

- Soulbound tokens (SBTs): a non-transferable but revocable token (by the issuer). These can represent real world credentials, degrees, certificates, and so on.

- Souls: your account/wallet - you can think of it as an identity

Read 28 tweets

SUPERVERSE

@superverseme

@VitalikButerin

💡“Decentralized Society: Finding Web3’s Soul” great read uncovering human relationships in a native #web3 context. @VitalikButerin @GlenWeyl @pujaohlhaver ➡️papers.ssrn.com/sol3/papers.cf… #nfts #socialtokens #daos #crypto

A short thread summary below ⬇️
Let us know what you think!

👀1.Defining #Souls & #SBTs:
Accounts (or wallets)= “Souls” that hold publicly visible, non-transferable (but possibly revocable-by-the-issuer) tokens.
Tokens held by the accounts = Soulbound Tokens (SBTs), corresponding to a series of affiliations, memberships & credentials.

📚For example, a person might have a Soul that stores #SBTs representing educational credentials, employment history, or hashes of their writings / works of art. In their simplest form, these SBTs can be “self-certified,” similar to how we share info about ourselves in our CVs.

Read 14 tweets

Christ Kindness (ALBA)

@Christ_Kindness

25/ We have obtained (with permission) reams of court documents related to the poisonings at #SBUniv.

These reference multiple instances of sexual assault, slander, or abuse, perpetrated by SBU personnel - most members of First Baptist Church of Bolivar.

#SBC #sbctoo

26/ We'll present this information publicly through several publications and, in brief, these Tweets.

The attorney for the injured student (who wasn't expected to survive the pesticide poisonings at #SBUniv) told her these documents were already public.

#SBC #sbctoo

27/ However, she discovered her *own* attorney engaged in a series of deceptions, including, concealing the fact that he previously worked for Roy Blunt - former #SBUniv trustee and president, Secretary of State, congressman ... and current Senator of Missouri.

#SBC sbctoo

Read 10 tweets

Christ Kindness (ALBA)

@Christ_Kindness

15/ Before beginning today's "episode," we make note of several realities.

"How many?" someone asked, "How many babies were killed by the #pesticides."

Is that even the right question?

How many murders does it take to reach some macabre threshold? But ...

#SBUniv #SBC #SBCtoo

16/ To put this in perspective, one student reported that during Homecoming she realized that virtually every married women in her dorm had two or more pregnancies end in miscarriage, often late term.

Is that enough to prompt the #SBUniv governance to investigate?

#SBUniv #SBC

17/ Apparently not.

Because, in the #SBUniv view, this is *only* women's pain and women's losses.

But, every one of these children had fathers and grandparents and often siblings.

This is long-term, family pain, generational pain, Bearcat pain.

#SBCtoo #SBC #abortion

Read 11 tweets

Christ Kindness (ALBA)

@Christ_Kindness

15/ Before beginning today's episode, we make note of several realities.

"How many?" someone asked, "How many babies were killed by the #pesticides."

Is that even the right question?

How many murders does it take to reach some macabre threshold?

But,

#SBUniv #SBC #SBCtoo

16/ To put this in perspective, one student reported that during Homecoming she realized that virtually every married women in her dorm had two or more pregnancies end in miscarriage - often late term.

Is that enough to prompt the #SBUniv governance to investigate?

#SBCtoo

Read 6 tweets

Christ Kindness (ALBA)

@Christ_Kindness

1/14 It appears some believe our questions about embryo genesis are prompted by latent guilt on our parts.

If it relieves minds: No, before God, none of us have ever been a party to an abortion, nor even a miscarriage.

These are ethical questions.

#SBUniv #SBCtoo #SBC

2/14 Nonetheless, our questions are prompted by real events, which if, one accepts the Baptist definition of #abortion, constitutes mass murder - the illegal application of undeniably abortifacient pesticides for decades on the Southwest Baptist University campus.

#SBUniv #SBC

3/14 In fact, Dr. James Sells and his administration continued daytime application of pesticides for years, even after students' injuries - because the University did not want to appear at fault and "increase their risk of liability."

#SBUniv #SBCtoo #SBC

Read 15 tweets

Christ Kindness

@Christ_Kindness

1/ As the only Baptists in an Interfaith Bible Study, we were asked to clarify some issues.

We assumed we could provide answers.

But, we could not.

So, we asked clergy for aid and we were soundly rebuked; our membership in a #SBC church was jeopardized.

#SBCtoo #churchtoo

2/ As a Study member exclaimed:

"Seriously? They'll disfellowship you for asking questions?

That's bizarre! How else can you learn?

You need better pastoral care!"

Probably. 😞

So, seven difficult #SBC theology questions. 👇

Trigger Warnings!
#Sexualabuse 🚨 #Abortion 🚨

3/ Question 1: Does this passage in Numbers 8:11-31 depict a forced ceremonial #abortion, which kills the fetus in order to quell a husband's suspicion of his wife's adultery?

biblegateway.com/passage/?searc…

Read 18 tweets

Christ Kindness (ALBA)

@Christ_Kindness

@GarySweeten2

@GarySweeten2 asked why #SBC doesn't utilize Christian Conflict Resolution.

Exactly!

If #SBC fears theological "contamination" from denominational programs, the solution is simple: create its own.

We're petitioning for such a program - RECONCILE!

first of /11

We're petitioning for RECONCILE!: An Online Restorative Justice and Conflict Resolution Degree Diploma (and Professional Certification) - collaboratively funded and taught by the six #SBC Seminaries and primarily administered and instructed by WOMEN. 2/11

The Scriptural Basis: Women are particularly gifted in empathy, compassion, and reconciliation. They must be permitted to come along side pastors/ministers, acting as they were originally created, as "ezer" - not merely handmaids or helpers ... but as allies and rescuers. 3/11

Read 12 tweets

Discover and read the best of Twitter Threads about #sbts

Most recents (18)

Related hashtags

Discover and read the best of Twitter Threads about #sbts

Most recents (18)

Related hashtags

Did Thread Reader help you today?