Hello!
Yes, I apologize, I did use a general description of the project from my previous submissions, it jsut well describes the problems in the AML sphere and their solutions, so I did not change it much. I didn’t think it was against the rules
But, of course, the project is no longer the same as it was at the time of submission for seasons 2-3. At that time, it was more at the idea and concept stage, we made a simple MVP. And despite the fact that we did not win, we did not give up and abandon the project, but continued to develop it further as best we could in a free time.
At the moment, the project is much better developed, many errors related to incorrect markup have been fixed, we have collected even more data on malicious addresses from open / closed sources, the interface has been redesigned for more convenient interaction, the transaction graph for building connections has been improved.
Of course, we still need to improve a lot, but now at least the project can already bring minimal benefit to the community, so we submitted again.
Hi!
I will be glad to answer any of your questions.
And in the addition to the text description, there is some more information on Match Systems | Devpost and in Demo video
Some project owners repeatedly submit their projects from previous years to different hackathons without editing/upgrading them.
I usually check all the projects here on different platforms (DoraHacks and Devpost) to see if they have been published there too or not. So it seems like it would be useful to look at the first seasons here as well.
This is the job of admin to take care , I see many previous submitted projects in builders which doesn’t make any sense also three or 5 years old projects I see they are in web3, category, I don’t know what’s happening here.
Although they are included in the vote, I hope that these projects will be taken into consideration in detail in a period from ending of the voting time to the prize announcement
Hey team.
as i understand, you create an app similar in some aspects with Arkham, yes? interested in few examples of open sources databases where you collect information from. thanks
You’ve been participating in Hackathons since summer 2022…
Can’t say you didn’t know improved projects re-entering the hackathon have to go to the builder track at best (if improvements have been judged significative enough, which I assume haven’t been assessed- yet).
The use of open-source data, partnerships with exchanges and government bodies, and advanced clustering algorithms underscores a commitment to thorough and accurate risk assessment. Additionally, the planned integration of a visualization graph for transfer tracking adds a clear, accessible way for users to understand risk distribution and fund flow across the TRON blockchain.
The development of a dedicated smart contract containing marked addresses also presents a significant milestone. This smart contract could be highly beneficial for DEX exchanges, as well as individual users, by making risk management more seamless and transparent within the decentralized landscape. Overall, the project aligns well with enhancing the security and trustworthiness of the TRON blockchain for all participants.
Greetings!
Yes, I am not ready to claim that our system works 100% correctly and without errors.
Unfortunately, we are not a multi-million corporation, but just a few developers who are trying to make a useful product. So, of course, there may be some errors.
A very large layer of work is hidden on the backend. Imagine that in order to develop at least a minimally working product, we had to solve the following problems:
Transfer all the data from the Tron, Ethereum and Bitcoin blockchains to our own databases for further analysis. And this is terabytes of data, millions of transactions and addresses. All this must be transferred to the databases without errors, and also process their updates in real time.
After we have transferred all the blockchain data, we also need to collect the address markup in open/closed sources. Here we are already talking about dozens of sites that need to be parsed, check the received data and enter them into the system. The number of such marked addresses also varies in the millions.
After steps 1 and 2 are completed, it is also necessary to distribute the risk from the addresses in step 2 to all other addresses in the blockchains. This also requires huge calculations and terabytes of data. Plus, there are also constantly added new transactions to the blockchains (TRON updates almost every second), they also need to be taken into account and processed.
There are also other various nuances and algoryms for clustering addresses (collecting them in one wallet-owner), marking exchanges, etc.
And in all this huge flow of data and information and constant updates, some errors may naturally occur.
We tried to take minimize all this errors before reapplying to a new stage of the hackathon.
Regarding the fact that you have a small percentage of illegal funds, like 0.17% of drugs - this is okay. Many addresses in the blockchain on way or another received a small portion of illegal funds, the only question is their percentage. Anything below 2-3% is usually considered insignificant and is not taken into account in the AML process.
Thanks for the updates. I know it can be boring or discouraging to see our comments sometimes, especially after working hard on a product. Don’t take it personally, it was not meant to be disrespectful. After reading tons of presentations and comments we sometimes need to joke around
Tracking illegal activity on the blockchain to protect user funds is a valuable mission. Highlighting this with a straightforward statement, like “Protecting users from fraudulent activity on TRON,” might capture attention quickly.
I appreciate your update and encourage you to keep developing to make your project better each day. You’ve read the comment from @fabsltsa, don’t take our silly comments personal. At times we just need to joke around to laugh some stress off
