Dan Romero pfp
Dan Romero
@dwr.eth
Change is good, imo... ...but trivial to build a client that filters on FID. Stated vs. revealed preference might be different, though :)
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Nicholas pfp
Nicholas
@nintynick.eth
All that's needed is a way of tracking positive reputation. Low FID is a very rough proxy to start. I think clients that support filtering on reputation will go far. I'll link a relevant insight from a paper on reputation in markets 1/3
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Nicholas pfp
Nicholas
@nintynick.eth
Scenario: Participants can lie about quality of goods, but reputation is of each identity is tracked They tested 4 configurations. tl;dr is positive rep is enough https://www.semanticscholar.org/paper/Improving-the-Lemons-Market-with-a-Reputation-%3A-An-Yamagishi-Matsuda/62d444e3ab9435775650629afd04b5138f14b344 2/3
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Nicholas pfp
Nicholas
@nintynick.eth
4 configurations + end states: 1) Can't change identity -> high quality transactions 2) Completely anonymous system -> low quality 3) Can change identities, only negative reputation tracked -> starts high, ends low 4) Can change identities, only positive reputation tracked -> starts low, *ends high quality* 3/3
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