"Perhaps some kind of web-of-trust could be used here, and actually such
a system would have many applications in the informal economy generally."

I built NameClaim.name as a "collateralized identity" solution that can be leveraged by other
developers through the API.

The idea is to support anonymous, yet data-rich, identity. The strength of the identity is
determined by the amount of bitcoin that the user sets aside to back the name claim.

It is currently working, but there is still some more work to do. Right now the strength is
calculated simply on the current balance at a bitcoin address. I want to add a time dimension to the
strength calculation -- a balance maintained over time would be stronger.

I am also thinking about adding an endorsement feature, creating a "web of trust".

This isn't a decentralized solution. Creating a network solution is beyond my skill set as a
php/mysql developer, but perhaps it can be a start.

I'm a one-man shop -- more of a hobbyist than a pro -- and I'm new to the cryoto-anarchist movement.
I would be interested in any feedback or suggestions on where I can go with this project to make it
useful.

Jim Bursch



On 5/8/2014 2:52 PM, Justus Ranvier wrote:
> On 05/08/2014 06:38 PM, Kristov Atlas wrote:
>> We can make this system shutdown-proof by blockchaining it, but of
>> course criminals can still attack people in meatspace. Similar challenge
>> with LocalBitcoins/Soft ATM approach for exchanging crypto-currencies
>> for cash. :-(
>>
>> Any ideas on how to deal with this weakness?
> They can't outlaw people who own cars from giving rides to other people,
> they can just outlaw (regulate) the act of doing it for payment.
>
> First thing to do is make it difficult for an uninvolved third party to
> prove the any payment has occurred. That's fairly easy to do with you're
> talking about decentralized digital currencies.
>
> The second thing to do reduce the risk of a sting operation. This is
> basically the same problem that prostitutes run into and one of the ways
> that industry solves it is by rating customers.
>
> Driver who are willing to take on the risk of an unrated customer would
> charge more and drivers who don't want the risk would charge less.
>
> Perhaps some kind of web-of-trust could be used here, and actually such
> a system would have many applications in the informal economy generally.
>
>
>
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