I agree that truly different crypto-currencies is a very exciting frontier. The distributed block-chain technology has implications far wider than a basic ledge

I agree that truly different crypto-currencies is a very exciting frontier. The distributed block-chain technology has implications far wider than a basic ledger. For example, I'm quite excited by namecoin, a distributed DNS. I share your enthusiasm about extending bitcoin's technology to create a distributed, general-purpose trust network. However, I am quite confused about strangecoin. Maybe the whole thread is going over my head and I'm lacking an Explain-Like-I'm-Five description of your idea. I'd love to be a supporter, but I don't see how you can build a trust network around something as complicated as this. Could you explain how, even in a vague sense, strangecoin could act as a reputation system? It seems like bitcoin itself works as a pretty great trust network. Just look at the mess surrounding MtGox: everybody seems to have a clear understanding that MtGox is totally culpable, despite the claims of transaction malleability attacks. Because the block-chain is entirely available for analysis, the financial activity of all organizations can be traced, which can reliably verify trust.