See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n Although this method distributes the points of failure, recovery is still dependent on \"curating and maintaining trusted relationships with a majority of guardians.\"<\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n Users would be able to minister a set of \"guardians\" such as close friends, family, other wallets or institutions who could authenticate the owner of the Soul. ((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))This would allow guardians, through a majority, to change the keys of the wallet, although retaining a high number of guardians from various social circles to avoid conspiracy is a necessity.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))<\/p>\n\n\n\n Although this method distributes the points of failure, recovery is still dependent on \"curating and maintaining trusted relationships with a majority of guardians.\"<\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n Social recovery methods<\/a> are emerging to become an alternative to current recovery methods, in which people rely on people they trust to initiate the recovery of their wallets. <\/p>\n\n\n\n Users would be able to minister a set of \"guardians\" such as close friends, family, other wallets or institutions who could authenticate the owner of the Soul. ((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))This would allow guardians, through a majority, to change the keys of the wallet, although retaining a high number of guardians from various social circles to avoid conspiracy is a necessity.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))<\/p>\n\n\n\n Although this method distributes the points of failure, recovery is still dependent on \"curating and maintaining trusted relationships with a majority of guardians.\"<\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n With SBTs potentially playing a huge part in your identity, there is concern about losing access to these tokens.<\/p>\n\n\n\n Social recovery methods<\/a> are emerging to become an alternative to current recovery methods, in which people rely on people they trust to initiate the recovery of their wallets. <\/p>\n\n\n\n Users would be able to minister a set of \"guardians\" such as close friends, family, other wallets or institutions who could authenticate the owner of the Soul. ((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))This would allow guardians, through a majority, to change the keys of the wallet, although retaining a high number of guardians from various social circles to avoid conspiracy is a necessity.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))<\/p>\n\n\n\n Although this method distributes the points of failure, recovery is still dependent on \"curating and maintaining trusted relationships with a majority of guardians.\"<\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n With SBTs potentially playing a huge part in your identity, there is concern about losing access to these tokens.<\/p>\n\n\n\n Social recovery methods<\/a> are emerging to become an alternative to current recovery methods, in which people rely on people they trust to initiate the recovery of their wallets. <\/p>\n\n\n\n Users would be able to minister a set of \"guardians\" such as close friends, family, other wallets or institutions who could authenticate the owner of the Soul. ((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))This would allow guardians, through a majority, to change the keys of the wallet, although retaining a high number of guardians from various social circles to avoid conspiracy is a necessity.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))<\/p>\n\n\n\n Although this method distributes the points of failure, recovery is still dependent on \"curating and maintaining trusted relationships with a majority of guardians.\"<\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n Souls will only portray information that a user is comfortable sharing online.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 5)) Although, if smart contracts<\/a> need to verify an SBT held within the wallet, they can do this without ever seeing it through the use of a zk-SNARK<\/a>.((Vitalik Buterin - Soulbound<\/a>))<\/p>\n\n\n\n With SBTs potentially playing a huge part in your identity, there is concern about losing access to these tokens.<\/p>\n\n\n\n Social recovery methods<\/a> are emerging to become an alternative to current recovery methods, in which people rely on people they trust to initiate the recovery of their wallets. <\/p>\n\n\n\n Users would be able to minister a set of \"guardians\" such as close friends, family, other wallets or institutions who could authenticate the owner of the Soul. ((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))This would allow guardians, through a majority, to change the keys of the wallet, although retaining a high number of guardians from various social circles to avoid conspiracy is a necessity.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))<\/p>\n\n\n\n Although this method distributes the points of failure, recovery is still dependent on \"curating and maintaining trusted relationships with a majority of guardians.\"<\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n See Related: <\/em><\/strong>Joe Mucheru Reports Kenyans Have Lost $120M To Crypto Scams<\/a><\/p>\n\n\n\n These tokens are verifiable on a blockchain and cannot be sold for a higher price, making it impossible to fake their credentials. Although, SBTs can possibly be revoked by the issuer.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 3))<\/p>\n\n\n\n Souls will only portray information that a user is comfortable sharing online.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 5)) Although, if smart contracts<\/a> need to verify an SBT held within the wallet, they can do this without ever seeing it through the use of a zk-SNARK<\/a>.((Vitalik Buterin - Soulbound<\/a>))<\/p>\n\n\n\n With SBTs potentially playing a huge part in your identity, there is concern about losing access to these tokens.<\/p>\n\n\n\n Social recovery methods<\/a> are emerging to become an alternative to current recovery methods, in which people rely on people they trust to initiate the recovery of their wallets. <\/p>\n\n\n\n Users would be able to minister a set of \"guardians\" such as close friends, family, other wallets or institutions who could authenticate the owner of the Soul. ((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))This would allow guardians, through a majority, to change the keys of the wallet, although retaining a high number of guardians from various social circles to avoid conspiracy is a necessity.((E. Glen Weyl, Puja Ohlhaver, Vitalik Buterin - Decentralized Society: Finding Web3\u2019s Soul<\/a> - Page 6))<\/p>\n\n\n\n Although this method distributes the points of failure, recovery is still dependent on \"curating and maintaining trusted relationships with a majority of guardians.\"<\/p>\n\n\n\n \"Decentralized Society: Finding Web3\u2019s Soul\", a whitepaper<\/a> co-written by Vitalik Buterin describes that SBTs are a key part to create a decentralized society. Fellow co-author of the whitepaper, Glen Weyl predicts<\/a> that SBTs will be available for early use by the end of 2022.<\/p>\n","post_title":"Soulbound Tokens (SBTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"soulbound-tokens","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/zk-snark\/\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2022-07-04 21:18:24","post_modified_gmt":"2022-07-04 11:18:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5983,"post_author":"1","post_date":"2022-07-02 23:36:43","post_date_gmt":"2022-07-02 13:36:43","post_content":"\n Ruja Ignatova has been added<\/a> to the FBI's Ten Most Wanted Fugitives after rugging<\/a> more than US$4B from investors.<\/p>\n\n\n\n![\"Wanted](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/07\/wanted-fugitive-ruja-ignatova.jpeg\")
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When Will SBTs Be Available?<\/h2>\n\n\n\n
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![\"Social](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/07\/social-recovery-vs-sbt-community-recovery.png\")
When Will SBTs Be Available?<\/h2>\n\n\n\n
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When Will SBTs Be Available?<\/h2>\n\n\n\n
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When Will SBTs Be Available?<\/h2>\n\n\n\n
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When Will SBTs Be Available?<\/h2>\n\n\n\n
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When Will SBTs Be Available?<\/h2>\n\n\n\n
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Can You Recover SBTs?<\/h2>\n\n\n\n
When Will SBTs Be Available?<\/h2>\n\n\n\n
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Can You Recover SBTs?<\/h2>\n\n\n\n
When Will SBTs Be Available?<\/h2>\n\n\n\n
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Can You Recover SBTs?<\/h2>\n\n\n\n
When Will SBTs Be Available?<\/h2>\n\n\n\n
