:: Re: [unSYSTEM] Proof of Burn ==> Tr…
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Auteur: Washington Sanchez
Date:  
À: iamtexture, System undo crew
Sujet: Re: [unSYSTEM] Proof of Burn ==> Trusted Identities
Proof of burn identities will be graduated (and optional)

   - Gradient proof of burn identities (PoB-IDs)
      - The purpose of a PoB is to:
         1. Associate a cost with creating an ID *that people are willing
         to trade with*, in order to create a financial disincentive for
         Sybil attacks
         2. Signal the level of risk associated with an individual trade
      - On point #2, if you are trading goods not valued higher than say
      $100, purchasing a PoB identity of $10 signals lower risk than
trading with
      an identity purchased with $0.2.
      - It is reasonable to assume that poor people will not be trading
      multi-million dollar yachts on OpenBazaar and would not need to purchase
      (or ascribe) a high valued PoB identity.
      - So poor people can purchase a relatively low cost identity if they
      wish
      - Please note, this is not the only way counter party risk will be
      signaled, it will be one of many factors to consider
   - Proof of burn identities are optional (at this stage of discussion by
   the devs)
   - If you choose not to purchase a PoB identity, then you will need to
      develop your reputation through the bitcoin-otc style web of trust that
      will be used to manage reputations and ratings (some discussion ongoing
      about integrating a PoW/PoB with making a rating)
      - Without a PoB-ID, it will take longer to establish a good
      reputation that people will be willing to trade with... but
essentially if
      they see than the identity has no PoB value ascribed to it, but
has a high
      trust rating across a broad network other well-regarded identities, your
      trade risk may be regarded as equivalent to a PoB-ID (maybe even better)
      - Also, without a PoB-ID, the trade you make with a buyer/seller may
      have more contractual safeguards in place (i.e. surety bonds, closely
      monitored trade by an arbiter, other stuff we or the market
hasn't thought
      of yet)
      - Even if people can create hundreds of identities for free, without
      a good web of trust reputation and a PoB-ID, it is unlikely that people
      will trade goods above a certain value.


If you have some good suggestions, hop onto the discussion here:
https://github.com/OpenBazaar/OpenBazaar/issues/9


On Tue, May 20, 2014 at 3:59 PM, Anthony D'Onofrio <iamtexture@???>wrote:

> How does proof of burn not favor those with lots of economic capital?
> Rich people get lots of identities, poor people get one?
>
>
>
>
> On Mon, May 19, 2014 at 5:30 PM, Washington Sanchez <
> washington.sanchez@???> wrote:
>
>> Essentially what is being discussed at
>> https://github.com/OpenBazaar/OpenBazaar/issues/9 is combining a proof
>> of burn identity combined with a bitcoin-OTC style web of trust. Really
>> great conversation happening there by the way.
>>
>>
>> On Tue, May 20, 2014 at 9:24 AM, Andrew Miller <amiller@???>wrote:
>>
>>> Its easy to tarnish someone's reputation by posting publicly about them,
>>> even if its false. Its hard for anyone to tell whether the aggreivances are
>>> legitimate. For example someone popular can harm someone, that person can
>>> post about it, and everyone will side with the popular person. Also there
>>> is no real incentive to post accurate reputation information, at best doing
>>> so is an altruistic thing.
>>>
>>> I think there are solutions to this but it is a bit complicated.
>>> Essentially a reputation should always involve something "at stake". The
>>> closest thing to what I have in mind is a system called TrustDavis, and it
>>> is essentially peer to peer insurance.
>>> On May 19, 2014 4:12 PM, "Sidney Zhang" <sidazhang89@???> wrote:
>>>
>>>> 'I have a way to ensure reputation is always kept with identity.'
>>>>
>>>> Can you elaborate a bit more? Is the reputation kept on chain?
>>>>
>>>> 'I don't have a way to prevent reputation spam though without costing
>>>> the
>>>> person leaving reputation (not a good incentive structure).'
>>>>
>>>> If someone does something bad, can't we just have everyone start
>>>> ignoring their fidelity bond? Forcing them to repay another bond under a
>>>> different identity?
>>>>
>>>> On Mon, May 19, 2014 at 4:07 PM, Amir Taaki <genjix@???> wrote:
>>>>
>>>>> I have a way to ensure reputation is always kept with identity.
>>>>>
>>>>> I don't have a way to prevent reputation spam though without costing
>>>>> the
>>>>> person leaving reputation (not a good incentive structure).
>>>>>
>>>>> On 05/20/2014 12:56 AM, Sidney Zhang wrote:
>>>>> > It means that it is extremely expensive to mine identity. So a better
>>>>> > reputation system can now be built as well.
>>>>> >
>>>>> > Are there any good examples of implementations?
>>>>> >
>>>>> >
>>>>> > On Mon, May 19, 2014 at 12:20 PM, Liad Shababo <liad@???
>>>>> > <mailto:liad@shababo.com>> wrote:
>>>>> >
>>>>> >     Doesn't make them trustworthy. It shows they value that identity
>>>>> and
>>>>> >     would be hesitant to do anything to ruin it thereby rendering
>>>>> their
>>>>> >     financial sacrifice meaningless

>>>>> >
>>>>> >     Sent from my iPhone

>>>>> >
>>>>> >     On 19 May 2014, at 20:19, "Anthony D'Onofrio" <
>>>>> iamtexture@???
>>>>> >     <mailto:iamtexture@gmail.com>> wrote:

>>>>> >
>>>>> >>     How does lighting money on fire make someone trustworthy?

>>>>> >>
>>>>> >>
>>>>> >>     On Mon, May 19, 2014 at 7:42 AM, Peter Todd <pete@???
>>>>> >>     <mailto:pete@petertodd.org>> wrote:

>>>>> >>
>>>>> >
>>>>> >
>>>>> > On 19 May 2014 16:39:06 CEST, Robert Williamson
>>>>> > <bobalot@??? <mailto:bobalot@gmail.com>> wrote:
>>>>> >>Doesn't op return outputs need to have a value of 0?
>>>>> >
>>>>> > No, they can be any value.
>>>>> >
>>>>> >>There's other concerns too. If we count someone as
>>>>> > trustworthy because
>>>>> >>they
>>>>> >>have sacrificed some amount of money to fees, its easy for
>>>>> > mining pools
>>>>> >>to
>>>>> >>start creating identities where a lot of fees are sacrificed to
>>>>> >>themselves.
>>>>> >
>>>>> > That's what I mean by fee sacrifices encouraging mining pool
>>>>> > centralisation. Right now I think that should rule out
>>>>> > sacrifice to fees completely.
>>>>> >
>>>>> >>
>>>>> >>         _______________________________________________
>>>>> >>         unSYSTEM mailing list: http://unsystem.net

>>>>> >>
>>>>> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>>>>> >>
>>>>> >>
>>>>> >>
>>>>> >>
>>>>> >>     --
>>>>> >>     --
>>>>> >>     Anthony D'Onofrio
>>>>> >>     iamtexture@??? <mailto:iamtexture@gmail.com>
>>>>> >>     501.681.3225 <tel:501.681.3225>
>>>>> >>     -
>>>>> >>     Chaos Collider - Dream. Design. Develop. Deploy.
>>>>> >>     http://www.chaoscollider.com
>>>>> >>     -
>>>>> >>     Peace.Love.Human.
>>>>> >>     http://www.peacelovehuman.org

>>>>> >>
>>>>> >>     "Don't ask yourself what the world needs. Ask yourself what
>>>>> makes
>>>>> >>     you come alive and then go do that. Because what the world needs
>>>>> >>     is people who have come alive." - Howard Thurman
>>>>> >>     _______________________________________________
>>>>> >>     unSYSTEM mailing list: http://unsystem.net
>>>>> >>     https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem

>>>>> >
>>>>> >     _______________________________________________
>>>>> >     unSYSTEM mailing list: http://unsystem.net
>>>>> >     https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem

>>>>> >
>>>>> >
>>>>> >
>>>>> >
>>>>> > --
>>>>> >
>>>>> > Kind regards,
>>>>> >
>>>>> >
>>>>> > Sidney Zhang
>>>>> >
>>>>> > Mobile: +1 415 767 8831
>>>>> >
>>>>> >
>>>>> >
>>>>> > _______________________________________________
>>>>> > unSYSTEM mailing list: http://unsystem.net
>>>>> > https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>>>>> >
>>>>>
>>>>>
>>>>> _______________________________________________
>>>>> unSYSTEM mailing list: http://unsystem.net
>>>>> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>>>>>
>>>>>
>>>>
>>>>
>>>> --
>>>>
>>>> Kind regards,
>>>>
>>>>
>>>> Sidney Zhang
>>>>
>>>> Mobile: +1 415 767 8831
>>>>
>>>> _______________________________________________
>>>> unSYSTEM mailing list: http://unsystem.net
>>>> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>>>>
>>>>
>>> _______________________________________________
>>> 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
>>
>> _______________________________________________
>> unSYSTEM mailing list: http://unsystem.net
>> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>>
>>
>
>
> --
> --
> Anthony D'Onofrio
> iamtexture@???
> 501.681.3225
> -
> Chaos Collider - Dream. Design. Develop. Deploy.
> http://www.chaoscollider.com
> -
> Peace.Love.Human.
> http://www.peacelovehuman.org
>
> "Don't ask yourself what the world needs. Ask yourself what makes you come
> alive and then go do that. Because what the world needs is people who have
> come alive." - Howard Thurman
>
> _______________________________________________
> 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