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Trust matters more when money is involved, as is the case here. You are an internet power user, the masses are not. I agree with the "zero trust" model, but th
by znmead 4y ago
Trust matters more when money is involved, as is the case here.
You are an internet power user, the masses are not. I agree with the "zero trust" model, but that is not how 99% of social platform users operate.
There is reciprocity of trust in this case, that is the point. A system where community members vouch for each other is much more efficient than a centralized authority.
People already want the checkmarks, this opens the possibilities for much more than that. For instance: I am a member of a 13-person club. We want to be able to display that on-chain. We issue badges to the members and it's done.
Another case: A business or university wants to verify their members as legitimate persons associated with that entity. This allows for that.