Author

Topic: Default Trust (Read 750 times)

member
Activity: 144
Merit: 17
January 07, 2015, 11:21:38 AM
#11

The Default Trust in its current form has obvious issues.

I am just curious given the blatant fact that it is broken why do so many people obsess over feedback that has relatively no meaning.

Seriously I would not put any faith into any feedback system if I was to ever trade with people here.

It seems to me that common sense and use of escrow would make any reliance on any trust system unnecessary.


Thoughts.


~BCX~


How about asking a DefaultTrust member to leave -ve on you and trying to trade on Currency exchange (https://bitcointalk.org/index.php?board=53.0). You'll find it out yourself "Why Does Anyone Even Care Anymore".
legendary
Activity: 1050
Merit: 1000
January 07, 2015, 11:05:45 AM
#10
Frankly it wouldn't mean anything, but Noob's and member who know no better, have a default list, which means, when users who have been wrongly nailed by someone on the default trust list. Every new user see's a BIG RED Extreme Caution warning.

Effecting, sometimes, if people even reply to you.

So although I no longer have any faith in the system. Many users still do.

If the system was used as stated, it would be fine really.

Quote
Risked BTC amount is money that the person could have stolen or did steal. For example, if you do a currency trade where the other person sends first, your feedback for them would have 0 risked BTC and their feedback for you would have risked BTC equal to the BTC value of the trade.

Quote
Type:
    Positive - You trust this person or had a successful trade.
    Neutral - Comments. Your rating will not affect this person's trust score.
    Negative - You were scammed or you strongly believe that this person is a scammer.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
January 07, 2015, 10:05:37 AM
#9
I've bought silver from SaltySpitoon, so he knows me.  Same for TECSHARE.

But what if I wanted to buy more from someone who doesn't?  Or sell colloidal silver to a new customer?

They would be all like 'ZOMG TRADE WITH EXTREME CAUTION?!' and we'd have to bother with escrow, which is a PITA.

All because Vod got pissy and decided to levy an irrefutable charge of "possibly hacked" at my account.   Angry

That's why I care; thanks for asking!
legendary
Activity: 1778
Merit: 1043
#Free market
January 07, 2015, 04:27:14 AM
#8
The trust system is just another guide to help you make your mind up about a user and to detail the trading history of that person. It's mainly there for newbs really and active members will likely know who to trust or not without it anyway. I don't think it's broken but it could do with some extra attention and/or tweaking. I usually find the majority of people that complain about it only do so when they've fallen foul of it in some way (and mostly it's their own fault - scamming or abusing it etc) but parties that obviously do abuse it in whatever ways should be scutinised and held to account for it.




My vote for best answer so far.

My whole point being it only matters if you trade here.

Due diligence combined with safe trading practices should be what is relied upon, not arbitrary ratings.


~BCX~


The 80 % of the users don't think the same ( I'm in the 20%). Because when someone see a negative number under you username/avatar he will avoid you surely ( and I'm sure he will not click on it and read why do you have this negative feedback).
legendary
Activity: 1162
Merit: 1001
January 07, 2015, 04:15:42 AM
#7
Maybe if you were more involved in trades and marketplace DefaultTrust would be more important to you. If you are here for just Bitcoin discussion, then it doesn't really matter.

legendary
Activity: 1386
Merit: 1016
January 07, 2015, 04:06:31 AM
#6
the trust is built on the collective perception of the public. Many users are still believing and relying on this system. But we cant ignore the fact some users are abusing this system.
legendary
Activity: 1946
Merit: 1035
January 07, 2015, 04:04:07 AM
#5
I am just curious given the blatant fact that it is broken why do so many people obsess over feedback that has relatively no meaning.

Feedback in itself is not affected by the DefaultTrust issue. Only the statistics (i.e. weighing and scoring) of the feedback are. And theymos is already doing something about it.
global moderator
Activity: 4018
Merit: 2728
Join the world-leading crypto sportsbook NOW!
January 07, 2015, 04:03:59 AM
#4
The trust system is just another guide to help you make your mind up about a user and to detail the trading history of that person. It's mainly there for newbs really and active members will likely know who to trust or not without it anyway. I don't think it's broken but it could do with some extra attention and/or tweaking. I usually find the majority of people that complain about it only do so when they've fallen foul of it in some way (and mostly it's their own fault - scamming or abusing it etc) but parties that obviously do abuse it in whatever ways should be scutinised and held to account for it.

hero member
Activity: 658
Merit: 500
January 07, 2015, 04:01:16 AM
#3
You need the default trust list to select a trusted escrow. It will be useful for traders, doesn't affect normal members like me. The trust system is broken and abused, a change is good.
hero member
Activity: 812
Merit: 587
Space Lord
January 07, 2015, 03:56:59 AM
#2
Use of escrow, yes. But these escrow services should still be trusted by both parties.
legendary
Activity: 1210
Merit: 1024
January 07, 2015, 03:53:37 AM
#1


~BCX~
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