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Topic: Trust System - page 7. (Read 12683 times)

newbie
Activity: 14
Merit: 0
June 02, 2013, 12:47:50 AM
#45
https://bitcointalksearch.org/topic/marketplace-trust-211858

I would suggest reading up on the trust system.  The above link goes to the announcement topic from the Meta section.

I'm going to leave this thread unlocked for newbies to ask questions and help each other understand.  Useless replies and off-topic remarks will be deleted.


Edit - This is a useless reply:
Quote
+1 for trust

Hello, forgive me as I am new here. I still do not understand how this trust system will really promote the community since anyone can just put in random rating, right?
newbie
Activity: 14
Merit: 0
June 01, 2013, 08:57:44 PM
#44
Thanks for informing me about this as when im not a newbie i need to sell a BTC-E code, ill make sure to talk to someone with high trust
newbie
Activity: 36
Merit: 0
June 01, 2013, 08:55:40 PM
#43
This would be a great step forward for the BTC community, and I agree with Mikeologist's idea of how it might work.
newbie
Activity: 56
Merit: 0
June 01, 2013, 01:14:26 AM
#42
It appears to be the beginnings of a topic-centralized credit union.

TO ANY LAWYERS OR CORPORATE BANKER TYPES INTO BITCOIN, please consider how to do this like the Swiss would.

What?  Can you elaborate?  I'm a little confused.

The trust system just gives you a way to filter feedback given to people based off of trades.
When you buy a house in some countries, they run what they call a credit report; while it is a fair to midland marker for the reliability of the risk, a better way would be to only asses the tested reliability of the risk.

Is this person a risk with my 100 btc; well no, the have proven trustworthy with a lot more than that by someone who is in turn trusted by others: and so on . . .

By establishing a network that does not draw a profit to track this info an provide people with security in an insecure time. The goal being to perpetuate the principals on which bitcoin was founded.

I just hope someone of means has a transcendental understanding as to lead them to the same conclusions.

Simply to help, as I have been helped.

I'm still not exactly sure what you're trying to say... your phrasing and wording is odd, is English your first language?

English is my first language: though I am often profuse.

My point was a bit vague because the concept is likewise vague.

The general idea is simple. A system like this trust concept employed here; not localized to this website, but maintained by an extremely trustworthy group.
This system would be comprised of members, each with a rating.
The rating would be equivalent to a credit score.
Transactions would have to follow some level of structure to prevent abuse.
The end result is a credit score without being tied to a ssn or the like.

People could use this score to secure micro loans and other services that would otherwise draw a turned up nose, currently.

A decentralized currency carries no trust; this proposed system would keep the benefits of bitcoin in place while allowing for an expansive market, for those who desire to use it.
full member
Activity: 229
Merit: 100
Paddy's Pub Egg
May 31, 2013, 03:22:02 PM
#41
like swc, i believe a trust system in general is good for the btc community.

it must be designed to not be manipualted tho
legendary
Activity: 966
Merit: 1004
Keep it real
May 31, 2013, 12:49:14 PM
#40
It appears to be the beginnings of a topic-centralized credit union.

TO ANY LAWYERS OR CORPORATE BANKER TYPES INTO BITCOIN, please consider how to do this like the Swiss would.

What?  Can you elaborate?  I'm a little confused.

The trust system just gives you a way to filter feedback given to people based off of trades.
When you buy a house in some countries, they run what they call a credit report; while it is a fair to midland marker for the reliability of the risk, a better way would be to only asses the tested reliability of the risk.

Is this person a risk with my 100 btc; well no, the have proven trustworthy with a lot more than that by someone who is in turn trusted by others: and so on . . .

By establishing a network that does not draw a profit to track this info an provide people with security in an insecure time. The goal being to perpetuate the principals on which bitcoin was founded.

I just hope someone of means has a transcendental understanding as to lead them to the same conclusions.

Simply to help, as I have been helped.

I'm still not exactly sure what you're trying to say... your phrasing and wording is odd, is English your first language?
newbie
Activity: 56
Merit: 0
May 30, 2013, 10:16:36 PM
#39
It appears to be the beginnings of a topic-centralized credit union.

TO ANY LAWYERS OR CORPORATE BANKER TYPES INTO BITCOIN, please consider how to do this like the Swiss would.

What?  Can you elaborate?  I'm a little confused.

The trust system just gives you a way to filter feedback given to people based off of trades.
When you buy a house in some countries, they run what they call a credit report; while it is a fair to midland marker for the reliability of the risk, a better way would be to only asses the tested reliability of the risk.

Is this person a risk with my 100 btc; well no, the have proven trustworthy with a lot more than that by someone who is in turn trusted by others: and so on . . .

By establishing a network that does not draw a profit to track this info an provide people with security in an insecure time. The goal being to perpetuate the principals on which bitcoin was founded.

I just hope someone of means has a transcendental understanding as to lead them to the same conclusions.

Simply to help, as I have been helped.
hero member
Activity: 546
Merit: 500
May 30, 2013, 09:53:36 PM
#38
I like the variety of ideas here but the trust on the buy side is different from trust on the sell-side and it's all really a matter of who sends the first non-negotiable transaction and that's why a system that distinguishes these is most useful. This post used to be a plea for help when I thought that I got scammed by a user on here who had a buy-side history but it was just a slow response time from him even though he wanted the transaction "immediately". Emotions...  Roll Eyes
sr. member
Activity: 1204
Merit: 272
1xbit.com
May 30, 2013, 08:41:00 PM
#37
I like the feedback depth idea, it means coin developers can't smear posters by repping negative trust if their coin is criticised.

I wonder, is there a default whitelist for trusted members who have reached a certain threshold? Otherwise newbies won't see anything show up until they trust someone, and the system will be missed by many, and thus under-utilised.
legendary
Activity: 966
Merit: 1004
Keep it real
May 30, 2013, 06:18:16 PM
#36
It appears to be the beginnings of a topic-centralized credit union.

TO ANY LAWYERS OR CORPORATE BANKER TYPES INTO BITCOIN, please consider how to do this like the Swiss would.

What?  Can you elaborate?  I'm a little confused.

The trust system just gives you a way to filter feedback given to people based off of trades.
newbie
Activity: 56
Merit: 0
May 30, 2013, 05:36:25 PM
#35
https://bitcointalksearch.org/topic/marketplace-trust-211858

I would suggest reading up on the trust system.  The above link goes to the announcement topic from the Meta section.

I'm going to leave this thread unlocked for newbies to ask questions and help each other understand.  Useless replies and off-topic remarks will be deleted.


Edit - This is a useless reply:
Quote
+1 for trust

Web of trusts hardly work in the long run.   Look at SSL certificates and Ebay seller ratings.


Can't really compare this one to Ebay IMO, because only feedback from people in your 'trust network' is counted.  If you maintain a good trust network the system should work (in theory).

It appears to be the beginnings of a topic-centralized credit union.

TO ANY LAWYERS OR CORPORATE BANKER TYPES INTO BITCOIN, please consider how to do this like the Swiss would.
legendary
Activity: 966
Merit: 1004
Keep it real
May 30, 2013, 02:28:00 PM
#34
https://bitcointalksearch.org/topic/marketplace-trust-211858

I would suggest reading up on the trust system.  The above link goes to the announcement topic from the Meta section.

I'm going to leave this thread unlocked for newbies to ask questions and help each other understand.  Useless replies and off-topic remarks will be deleted.


Edit - This is a useless reply:
Quote
+1 for trust

Web of trusts hardly work in the long run.   Look at SSL certificates and Ebay seller ratings.


Can't really compare this one to Ebay IMO, because only feedback from people in your 'trust network' is counted.  If you maintain a good trust network the system should work (in theory).
full member
Activity: 125
Merit: 100
May 30, 2013, 02:09:10 PM
#33
https://bitcointalksearch.org/topic/marketplace-trust-211858

I would suggest reading up on the trust system.  The above link goes to the announcement topic from the Meta section.

I'm going to leave this thread unlocked for newbies to ask questions and help each other understand.  Useless replies and off-topic remarks will be deleted.


Edit - This is a useless reply:
Quote
+1 for trust

Web of trusts hardly work in the long run.   Look at SSL certificates and Ebay seller ratings.
legendary
Activity: 966
Merit: 1004
Keep it real
May 30, 2013, 01:58:25 PM
#32
I'm a developer and have been thinking about the bitcoin trust issue.
Here are my thoughts:

- The blockchain is not a good place for messaging.
So,
- Thinking of a website where registered users can 'claim' transactions or addresses as theirs, by using the public key message signing features.
- Users that have been validated as owning a transaction/address can make public comments about them.  (ie. there will be a page for the transaction/address, and then comments about the transaction from verified buyer/seller.)
- Registered users can make a profile to establish identity, with number of successful transactions as a trust signal, links to buyer/seller feedback, etc.
- If users do not own the transaction/address, they can be redirected somewhere else to comment (some forum, subreddit, etc.).

Will anyone here find that useful?

Definitely a cool idea, though it needs to be made easy for the average user to do everything (for it to succeed).
newbie
Activity: 6
Merit: 0
May 30, 2013, 01:39:42 PM
#31
I'm a developer and have been thinking about the bitcoin trust issue.
Here are my thoughts:

- The blockchain is not a good place for messaging.
So,
- Thinking of a website where registered users can 'claim' transactions or addresses as theirs, by using the public key message signing features.
- Users that have been validated as owning a transaction/address can make public comments about them.  (ie. there will be a page for the transaction/address, and then comments about the transaction from verified buyer/seller.)
- Registered users can make a profile to establish identity, with number of successful transactions as a trust signal, links to buyer/seller feedback, etc.
- If users do not own the transaction/address, they can be redirected somewhere else to comment (some forum, subreddit, etc.).

Will anyone here find that useful?


newbie
Activity: 56
Merit: 0
May 29, 2013, 10:31:15 PM
#30
I think it's a good idea in general but I can easily foresee blackmailers etc. trying to use it to downvote sellers and ruin their reputation.

Edit: It seems to me you mods are creating more and more work for yourself without needing too, you should just focus on keeping the spammers out more than anything.

I believe that the system,  when vigilantly maintained, will drown out the erroneous complaints of a few would-be blackmailers.

25 years ago on bbs (this one time, at band camp) we used to use a transit circle to build trust.
Anyone interested in knowing how this works?
legendary
Activity: 966
Merit: 1004
Keep it real
May 29, 2013, 02:23:31 PM
#29
It'd be even better if it was somehow built on top of a coin... like a trust coin or something

How would that help at all?  The point of the system is to have something integrated with the forums.  An alt-coin for this would do nothing for that.
newbie
Activity: 11
Merit: 0
May 29, 2013, 01:49:25 PM
#28
It'd be even better if it was somehow built on top of a coin... like a trust coin or something
legendary
Activity: 1652
Merit: 1128
May 29, 2013, 12:44:54 PM
#27
I think it's a good idea in general but I can easily foresee blackmailers etc. trying to use it to downvote sellers and ruin their reputation.

Edit: It seems to me you mods are creating more and more work for yourself without needing too, you should just focus on keeping the spammers out more than anything.

If there are blackmailers, people can post their information and they will be removed from any trust lists they're on. Untrusted feedback should be looked at critically, since you don't "trust" the person who left it. 

And this actually makes for less work, will make the scammer tag much less necessary (which was heavily reliant on admins/mods). 
sr. member
Activity: 434
Merit: 250
May 29, 2013, 12:11:27 PM
#26
This is a good idea. I hope it does not degrade into something like the system on eBay, but this makes it easier for members to find out who to trust in transactions.
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