[ZS] Bitcoin + Open Transactions + Web Of Trust

Bryce Lynch virtualadept at gmail.com
Sun Aug 5 16:18:56 PDT 2012


On Fri, Aug 3, 2012 at 4:24 AM, Eugen Leitl <eugen at leitl.org> wrote:

>     Web-Of-Trust: Provides: Reputation system so there is consequences if somebody scams (nobody will
> trade with them), and good reputations have value. Needs: Low-Trust transfer of value, so parties with no
> reputation can build a good reputation: (Bitcoin) Needs: Formal way to describe contracts, that can describe
> the

Didn't the cypherpunks do research on zero-trust reputation management
networks back in the 90's?  Also, the trust metric normalization
research being done now should be part of that if it's not already.

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