Yes, right my post is confusing. I was referring to human-sybil resistance. Blockchains preventing for one human to run several validators.

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oh, like worldcoin ? Lol

Yes, but it doesn’t have to rely on biometrics or if it does the data shouldn’t be stored on proprietary hardware like for Worldcoin…

But my point being that those systems allow for new capital inflow which will be more limited if on-ramp is cut.