cryptoleft

Now that we’re all broke, I wonder if one could create a blockchain at the same scale as Ethereum using a web of trust model instead of proof of stake?

https://aboutcircles.com/litepaper

This is cool @degencummunist.eth but I mean even beyond currency. Can u do blockchain consensus via web of trust connections and reputation. 🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️

DAOnarcho-cybersyndicalist ☠︎hyperpunk ☭ /𝖘𝖈𝖚𝖒☠︎ https://alkohlmist.mmm.page/scum

Economic experimentalist

https://github.com/csmit863/crypto_craft

Like this 

https://academy.moralis.io/blog/what-is-a-proof-of-trust-consensus-protocol

https://newrl.net/docs/Whitepaper%20-%20Proof%20of%20Trust%20Protocol-v2-%20Oct2022.pdf

It seems you can, but transaction fees still exist which implies a network token or relying on some form of currency. Which, idk it seems to be necessary to prevent spamming of da network. Unless there’s other ways? I am not knowledgeable enough to know of any work arounds