Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and Anonymous Systems
44 Pages Posted: 7 Mar 2018 Last revised: 6 Aug 2019
Date Written: February 18, 2018
Abstract
Autonomous decentralized validation of domain-specific reputation is a core decentalized infrastructure necessity.
The main design goals for measuring domain-specific reputation in autonomous decentralized and anonymous systems are to:
1) evaluate domain specific reputation across a wide variety of expertises
2) insure security, including resistance to Sybil attacks, tyranny of the majority, and 51% attacks
3) provide a minimal, robust core architecture which supports modular constructions for a wide range of use cases
The key features are:
1) a positive feedback loop which promotes productive cooperation between public and expert users
2) maximal freedom for experts in the creation of reputation verification protocols
3) complete autonomy—the economic structure is closed to off-domain influence; all power and fees are shared entirely by expert users, weighted by reputation
4) meritocracy—the platform supports anonymity, rewarding ability and productive contributions over personal identity
The creation of a transparent, fair, and predictable system that facilitates certainty of outcomes, security, and efficiency benefits society with the advancement of justice and prevention of corruption on a global scale.
Keywords: Decentralized Infrastructure, Crypto, Blockchain, Reputation, Verification, Consensus Algorithm, Platform, Ecosystem, Sybil Attack Resistance, Majority Attack Resistance, 51% Attack Resistance, Positive Feedback Loops, System Autonomy, Autonomous Systems, Decentralized Systems, Anonymous Systems
JEL Classification: K20, K23, K32, L43, L5, O31, O32
Suggested Citation: Suggested Citation