Mark Cuban Points At DOGE As The Solution For Crypto Spams And Crypto Scans On Twitter

2022-05-02 21:09:31

Mark Cuban, a billionaire investor and owner of NBA team Dallas Mavericks, offered a rather interesting solution to the issue imposed by US entrepreneur Marc Andersen regarding the ever-growing number of both crypto scams and crypto spams on Twitter, by suggesting that the platform should turn to DOGE (Dogecoin) for the answer.

More specifically, according to Cuban, Twitter may consider adding a layer-2 solution to Dogecoin, or “Optimistic Rollout”, which involves all Twitter users depositing one Dogecoin if they wish to be able to post on the social platform.

After determining the spam accounts/users, the Twitter community will first flag the said accounts and afterwards would end up sharing the bot account DOGE crypto among themselves.

Afterwards, if the spammers still wish to proceed to post on Twitter, the next collateral deposit would amount to 100 Dogecoin. Interestingly enough, if the suspicious account is proven to be a legitimate user and not a spam bot, then all accusers would risk losing their own DOGE.

We add an optimistic roll up to Doge Everyone puts up 1 doge for unlimited posts. If anyone contests a post and humans confirm it’s spam, they get the spammer’s Doge. Spammer has to post 100x more Doge If it’s not spam,the contestor loses their Doge. DogeDAO FTW ! 🚀🚀🚀Mark Cuban | Official Tweet

The tweet where Mark Cuban is suggesting DOGE as the solution for crypto spams divided the Twitter crypto community. One group believes that such a prediction monetary system would only serve for scams and that due to the pay-to-win way of work, hackers would just need to overload the algorithm with contested posts, and that is it.

However, when it comes to the supporters of this idea, Mark Cuban has a rather influential name from the crypto scene in his corner, and that is the creator of Dogecoin himself, Shibetoshi Nakamoto, who commented below the post of the billionaire investor, and simply dropped the comments “I like it”, and just below “I like it a lot.

It remains to see whether Elon Musk, the new owner of Twitter, will take into account the suggestion from the crypto-oriented businessman from Dallas, Texas.

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