Credit Score

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Topic: Credit Score (Read 1437 times)

abstraction (OP)

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Credit Score

February 10, 2011, 05:02:00 AM

Would Bitcoin sites benefit from having credit ratings for users? Is there a way this could be done using a web of trust and allow users to stay anonymous?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.

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Anonymous

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Re: Credit Score

February 10, 2011, 05:19:20 AM

http://bitcoin-otc.com

fabianhjr

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Do The Evolution

Re: Credit Score

February 10, 2011, 02:36:08 PM

http://ripplepay.com/
http://ripple-project.org/

Public Key
https://keyserver.pgp.com/vkd/DownloadKey.event?keyid=0x1A3011671C382664
http://pgp.mit.edu/pks/lookup?op=get&fingerprint=on&search=0x1A3011671C382664

Drifter

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Re: Credit Score

February 10, 2011, 02:43:21 PM

https://raindroplet.info/ <-- ripple set up with bitcoin denominations

Cheesy

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Nefario

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Re: Credit Score

February 10, 2011, 03:13:20 PM

Could someone explain to me, as if I was an ignorant stupid person how ripple works and how it tracks you "credit worthyness rating"?

In as few words as possible.

PGP key id at pgp.mit.edu 0xA68F4B7C

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fabianhjr

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Re: Credit Score

February 10, 2011, 04:33:56 PM

Quote from: Drifter on February 10, 2011, 02:43:21 PM

https://raindroplet.info/ <-- ripple set up with bitcoin denominations

Cheesy

RipplePay already supports Bitcoin and it is a larger network

Quote from: Nefario on February 10, 2011, 03:13:20 PM

Could someone explain to me, as if I was an ignorant stupid person how ripple works and how it tracks you "credit worthyness rating"?

In as few words as possible.

It is a F2F network were YOU are the bank and YOU issue IOUs to parties that trust you. There is a video explaining this further.

Public Key
https://keyserver.pgp.com/vkd/DownloadKey.event?keyid=0x1A3011671C382664
http://pgp.mit.edu/pks/lookup?op=get&fingerprint=on&search=0x1A3011671C382664

Drifter

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Re: Credit Score

February 10, 2011, 04:53:07 PM

Quote from: fabianhjr on February 10, 2011, 04:33:56 PM

RipplePay already supports Bitcoin and it is a larger network

Interesting, I didn't know this. I do believe raindroplet was the first one to add Bitcoin to the list, but I'm glad the main project has as well. Ripple could be a very important partner to bitcoin.

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