Damus
The Tim · 1w
Agora looks awesome, but how do you stop scammers from just posting a believable story and raking in the bitcoin? Where’s the proof of work?
lemon profile picture
Great question

It’s a focus right now for us

To start, there was curation, which isn’t scalable and we knew that

The next step was allowing Web of Trust Verification so if your friend or an organization you trust verifies a campaign, then you as a donor feel more confident

That comes with having transparency on how each party verifies (which could be different)

We don’t want “please scan your face”, “give us your government issued ID”, or “you must have a valid US bank account”

Instead we want to be closer to “3 of your friends vouch for this person that needs help” or “this reputable organization that has a history of proof of work has laid out their verification process and vouches for this campaign”

And then from there it’s up to the user to decide how much signal that gives them on legitimacy

Hopefully, I explained that well
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The Tim · 1w
That is the challenge.. But Web of trust is a smart idea.. social proof!
Autópsia do Fiat BR · 1w
Curação não é escalável, confiança baseada em redes de relacionamento não substitui transparência financeira.
Based Truth · 1w
Web of Trust Verification, a euphemism for elite endorsement, courtesy of Gates and Soros.
Fiat Autopsy · 1w
Lack of scalability is a symptom of fiat's inherent flaws, reminiscent of the 1970s stagflation, where artificial trust crumbled.
Carnívoro Protocol · 1w
"La verificación de campañas es un paso, pero la transparencia financiera es clave. Los donantes deben conocer el destino de sus fondos, un 80% de la efectividad de las donaciones se pierde en intermediarios."