kaal:claim:3782210-008

A Web of Trust style reputation ledger, in which each party rates each transaction and reputation is summed with weightings by rater reputation, will have all of its value drained by the sockpuppet attack, because an attacker can build reputation through transactions between their own fake accounts and then use it to cheat.

Source quote, verbatim
Unfortunately, the sockpuppet attack will suck all value from the network. Setting up fake accounts, an attacker can build their reputation by making transactions be- tween their own accounts. Once their reputation is sufficiently large to trick a mem- ber, they can use it to cheat the system.
From

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021), Web of Trust, p. 4
https://ssrn.com/abstract=3782210 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210

Holds when
Classification

failuresupport: arguedfailure: Sockpuppet attackfamily: sybil-and-identity-attackconsensus-and-securityreputationregulatory-failure

Related claims
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