Topic: Bitcoin address rating system - page 2. (Read 3265 times)
Really, is it feasible to rank bitcoin addresses for reputation. In my wallet, the address keeps on changing for security reasons. I am just imagining how I will go on doing like that for every address that is generated. if addresses were permanent, then it could be a very good idea.
Where can u generate a cool address?
Too easy/trivial to create a new address.
If an address got a single negative review, it would never be reused.
Agree with vod and gaining address trust rating it could be possible to use it for scamming purposes.If an address got a single negative review, it would never be reused.
we have many addresses and we can make and make more wallet address in one single wallet..
so anytime if we receive bad reputation in this wallet address we can use other wallet address that you can generate..
Since there is no method to certainly know what BTC address belongs to who and anyone can easily query addresses in the blockchain, I was thinking of how much a rating system would be a good idea. I was thinking of a DB where you could register BTC addresses and then the community could appreciate them by voting. So, registered BTC addresses would have a kind of reputation.
How good this idea you think is? Or we have a system like this already?
How good this idea you think is? Or we have a system like this already?
No it's not a good idea, because every one could create a new address and start again without worries. A rating system could help people to trust a site/service (for example this address https://blockchain.info/it/address/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX belong to Satoshi Nakamoto...) but that's it. Info about addresses are already staked in internet and you can now if there is a link with an user,and even you can't know if a new address could lead to a scam or not
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Erm I think block.io and even (some addresses) in BC.info denote their owner's name/info(if the owner feels like it).
Some websites and BTCTalk profils uses tags on BC.info
I think what OP is trying to do it identifying btc addresses like https://www.netki.com/#/home
The idea of encrypted currency depends on the basis of privacy, with the implementation of your idea Where is the privacy then?
Since there is no method to certainly know what BTC address belongs to who and anyone can easily query addresses in the blockchain, I was thinking of how much a rating system would be a good idea. I was thinking of a DB where you could register BTC addresses and then the community could appreciate them by voting. So, registered BTC addresses would have a kind of reputation.
How good this idea you think is? Or we have a system like this already?
How good this idea you think is? Or we have a system like this already?
The advice to people is not to reuse addresses, because of privacy reasons.
So tieing a reputation score to bitcoin addresses is pointless.
Although you could create a new address anytime, it would start as 'untrusted' due to low history. You could use this system with an online shop where clients can rate providers and vice versa, but only if they had a deal with each other in the shop. As a client, you could rate only providers whom you have purchased something from already from the site.
What is the criteria that would be used to rate the address? Number of transactions, value or something else? What would people actualy vote for?
But like many here have already said you can easily create and use Bitcoin addresses with no limit so I can't see what would be the practical purpose of rating system like this.
But like many here have already said you can easily create and use Bitcoin addresses with no limit so I can't see what would be the practical purpose of rating system like this.
Too easy/trivial to create a new address.
If an address got a single negative review, it would never be reused.
If an address got a single negative review, it would never be reused.
If people want to prove that they own an address, they can already do this quite easily as it stands.
And like other people have mentioned, there are already websites to check who owns a certain address, by checking where it's mentioned on the internet.
The idea of a reputation system is just flawed imo and could be easily faked or botted.
And like other people have mentioned, there are already websites to check who owns a certain address, by checking where it's mentioned on the internet.
The idea of a reputation system is just flawed imo and could be easily faked or botted.
It's a bad one, mainly because of the above two answers and also it could make those valuable addresses that hold many bitcoins a target for hackers and scammers so ditching this rating system will be better.
I don't see anything useful about this. There's way too many possible bitcoin addresses and anyone can easily change theirs at any time. You'll probably only end up with list of bitcoin addresses with the most bitcoins or total received transactions or few notable addresses that can easily be found by a simple google search.
Erm I think block.io and even (some addresses) in BC.info denote their owner's name/info(if the owner feels like it).
Since there is no method to certainly know what BTC address belongs to who and anyone can easily query addresses in the blockchain, I was thinking of how much a rating system would be a good idea. I was thinking of a DB where you could register BTC addresses and then the community could appreciate them by voting. So, registered BTC addresses would have a kind of reputation.
How good this idea you think is? Or we have a system like this already?
How good this idea you think is? Or we have a system like this already?
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