kaal:claim:3266953-033

Sockpuppet accounts grow their reputation value much faster than honest users can in a Web of Trust, because sockpuppets validate each other, and the system is therefore flawed and should not be used where fungible currency is at stake.

However, sockpuppet accounts can grow their value much quicker in the web of trust by validating each other. Honest users are much slower than the sockpuppets validating each other. Hence, the system is flawed.

Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018), Sockpuppet Protocol, p. 21
https://ssrn.com/abstract=3266953 · source PDF

Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018). SSRN: https://ssrn.com/abstract=3266953

• web of trust style reputation used by many distributed ledger startups

failuresupport: arguedfailure: sockpuppets outpace honest validationfamily: sybil-and-identity-attackreputationtokenomicsdecentralizationblockchain

• restated_by kaal:claim:3782210-008 A Web of Trust style reputation ledger, in which each party rates each transaction and reputation is summed wi...
• extended_by kaal:claim:3782210-026 Every single reputational implementation the authors have audited in the blockchain DAO space carries the flaw...
• restated_by kaal:claim:3405401-028 Until blockchain technology was introduced via bitcoin in 2009, decentralized reputation systems mostly relied...
• restated_by kaal:claim:3411897-035 Until blockchain technology arrived with Bitcoin in 2009, decentralized reputation systems rested on the rough...

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