Also something else I suggested:

Another proposal: gradient prices for pseudonyms?
Pseudonyms

1. Gold class - 1 BTC
2. Silver class - 0.5 BTC
3. Bronze class - 0.1 BTC
4. Iron class - 0.01 BTC
5. Tin class - 0.001 BTC

If I want to purchase a good worth 0.3 BTC, I would think twice before
entering into an exchange with an Iron or Tin-class pseudonym. On the other
hand, if I only intend to make small scale purchases, I don't need to buy
any more than an Iron class pseudonym.


On Sat, May 17, 2014 at 1:17 AM, Washington Sanchez <
washington.sanchez@???> wrote:

> No problem. Like I wrote elsewhere in that discussion, we would want a
> situation where we avoid depending on one system to manage risk in
> pseudonymous trade over OpenBazaar:
>
> How do you enforce a contract? How do you prove a package was sent or
> received?
>
> Until we have delivery drones that sign multi-sig transactions, we will
> always have an imperfect solution! However, I think there is some exciting
> room for *merchants law* regarding judgments for disputes.
>
> For example, if the seller is able to provide a tracking number, or
> photo/video proof to the arbiter that the package was indeed loaded with
> the goods and sent to the specified address, then this qualifies as an
> automatic ruling that:
>

>    1. The seller's surety bond cannot be broken
>    2. In the absence of the buyer providing proof, beyond reasonable
>    doubt, that the goods weren't delivered, funds will be transferred to the
>    seller.

>
> Various arbitration guidelines, organisations can specify what qualities
> as *reasonable proof* for various categories of goods/services. Obviously
> the *reasonable proof* required for a chair will be different to a good
> is banned by an oppressive government that may land you in serious legal
> trouble (e.g. Bibles in North Korea).
>
> A web of trust doesn't enforce a contract, but it does make you lose your
> valued trust when you defraud something. At the same time, a WoT identity
> is free, and doesn't allow you to (directly) buy reputation.
>
> Web of trust is vulnerable to the long con. I don't want to *only* put my
> faith in a web of trust using large amount of funds. Rather, I would prefer
> to trust in a combination of:
>

>    1. An identity that the pseudonym has purchased for a
>    non-insignificant sum via proof of burn
>    2. Surety bond partially or equal to the value of the good I wish to
>    purchase/sell
>    3. Track record of surety bond breakages (or lack thereof)
>    4. Reputation, WoT, and reviews
>    5. Insurance that I purchase on my part

>
>
>
> On Fri, May 16, 2014 at 6:15 PM, caedes <caedes@???> wrote:
>
>> On 16/05/14 03:26, Washington Sanchez wrote:
>>
>> There's been a lengthy discussion on reputation systems for pseudonymous
>> marketplaces here:
>>
>> https://github.com/OpenBazaar/OpenBazaar/issues/9#issuecomment-43251990
>>
>> Of course you can't discuss this whole subject without bringing up
>> Justus Ranvier's *Lex Cryptographia* (
>> http://bitcoinism.blogspot.com.au/2013/12/lex-cryptographia.html)
>>
>> Taking a page from his article, I made the attached suggestion.
>>
>>
>>
>> Btw, read your suggestion and sounds very reasonable... maybe you can
>> paste in text format so it can be documented better?
>>
>> Anyways I see the reputation and trust is something you attach to
>> identities so I don't see much problem in adding as much proof as you want
>> as long as the system is flexible and developers are diligent.
>>
>> kisses!
>>
>> _______________________________________________
>> unSYSTEM mailing list: http://unsystem.net
>> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>>
>>
>
>
> --
> -------------------------------------------
> *Dr Washington Y. Sanchez*
> Post-doctoral research officer
> Therapeutics Research Centre
> University of Queensland
> Princess Alexandra Hospital
> Woollongabba, 4102
> Queensland, Australia
>



--
-------------------------------------------
*Dr Washington Y. Sanchez*
Post-doctoral research officer
Therapeutics Research Centre
University of Queensland
Princess Alexandra Hospital
Woollongabba, 4102
Queensland, Australia