Once participants are vested through reputation, they police the system themselves, which raises security, which in turn attracts more public fees and closes the loop.
Source quote, verbatim
This in turn means the system will be carefully policed by vested constituents. This makes the system more secure; so the platform will attract more public fees.
Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900
Holds when
constituents hold vested reputation stakes
Classification
mechanismsupport: arguedconsensus-and-security
Related claims
restateskaal:claim:3125822-011 Enforcing a protocol in which all work fees are shared with the expertise produces a positive feedback loop: m...
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