Let the witch hunting begin.
I am waiting to see how this plays out. It could be a really really good thing, or epic fail. Very interesting experiment.
edit: Now that I understand how this works I am no longer interested in it.
By default we trust theymos. And thus trust the people that he will trust.
Most of the people will not understand the rating is based off of only Theymos, his hand picked few and the people they trust. Theymos and friends will have a significant impact on the ratings of people.
Now, If I have it wrong please let me know but as of now this is not at all organic and seems to be against the ideals of bitcoin.
I trust no one by default, including Theymos. He can not pick people who I will trust.
If the setting was to trust no one by default (trust should not be needed to use BTC unless you opt in) it would be a fair system and interesting. This is just theymos picking some guys to hand out ratings.
Again please let me know if I am not understanding how this works correctly.
Exactly, that is why I am not even going to bother with it. It is just friends of friends getting power. Honestly we need like a verification system, almost like how bitcoin can have nodes verify transactions after a miner includes it in the block, that how trust needs to work. Way too centralized.
After thinking more about this, I wonder if this will replace the scammers tag system? If Theymos is to get rid of the very centralized "scammer tag" randomness and let his deputies tag the scammers it would be a move in the right direction but still no where near good/perfect.
But still if that is the case why all this secret cover and not just say their are 10 or 15 judges who can tag a scammer. If a guy gets 5 of 15 I'm sure people will think twice.
Where has Theymos published the list of his "trusted" I can't find this anywhere but I doubt its a secret.
It probably going to replace it. Or at least start phasing them out and making the scammer tag more automatic. Right now the scammer tag requires Theymos and only Theymos to take action or if a mod recommends a person to have a scammer tag.
Obliviously he doesn't have the time anymore, to go thru the scammer accusations and add scammer tags.
Also I hope he did something like the ignore button, where you have to have certain amount of hours in the community before your ignore list has weight to it. Cause otherwise we just have all these sock puppet accounts be in the fix. I don't know if he mentioned if that is how it works.
As I said before this looks to be a witch hunt, and he should make all accusations public, we can't have trust of this in one person, this is how corruption starts.