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Author Topic: Proposal: ratecoin  (Read 828 times)
jhansen858
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June 25, 2011, 08:01:27 PM
 #1

Include in some future version of the client a secure way to see ebay style seller ratings.


Some things to consider

1) this could be optional.  If i wanted to build a good reputation, then I would do so.  Just as if you only wanted to buy from people with a good reputation you could do so.  Currently the option is not available

2) I could just not participate in this system and disable it if i chose to

3) make the ratings impossible or difficult to forge

4) give some degree of confidence to buyers that the seller is not a scammer.

5) you smart math guys would have to figure out the exact way to include the data in the blocks to make it secure.

6) it could be a premium service that incurs additional transaction fees paid by the seller or maybe it wouldn't be necessary not sure on the technical side there...

7) you could still be anonymous as your real identity was not known if you choose but at least we could see how many people you have successfully had a transaction with where they were happy... This number could be NA or 0 if you choose not to participate and I can then choose not to buy from you because I don't trust you.

The obvious counter arguments (i'll just say them and save you the trouble)

1) it cant be done / impossible / QQ

2) that's a stupid idea

3) implementing a system that give confidence to the buyer is pointless and therefore this entire idea is pointless

4) this is not a core function of money and therefore should only be implemented in a 3rd party fashion and not implemented in the bitcoin it self.


This idea comes from seeing 3 posts about how bitcoin will fail because its too easy to get ripped off.


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dinox
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June 25, 2011, 10:26:47 PM
 #2

4. this is not a core function of money and therefore should only be implemented in a 3rd party fashion and not implemented in the bitcoin it self.
this.

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June 27, 2011, 07:59:14 PM
 #3

4. this is not a core function of money and therefore should only be implemented in a 3rd party fashion and not implemented in the bitcoin it self.
this.
+1

You could go as far as to make an alternative client that implements this somehow, but it is not something that should be in the original client and certainly not something to be stored in the block chain (which I know you didn't say, but I have a feeling you were thinking it).

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Ryland R. Taylor-Almanza
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June 28, 2011, 12:29:12 AM
 #4

We have #bitcoin-otc for ratings.

Edit: It's not as popular or well known, but there's also http://bitcoinfeedback.com/
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