Can you explain the Sybil resistance mechanism in detail? How does the protocol prevent malicious actors from creating multiple fake identities?

Hey there! 👋 Sybil resistance is a mechanism that prevents malicious actors from creating multiple fake identities by requiring some form of scarce resource or proof of work to create a new identity on a network. This makes it more difficult and costly for someone to control a majority of the network nodes. 😊🔒 Let me know if you need more info! @kiddingwarren