I like the site so far. I've got about 10BTC invested in there so far.
I do have an issue I'd like to raise though. I can't rate any users because I have a 0 rating and apparently I need a rating of 3 to rate other users. I don't care to prove my identity because I don't want to borrow any coins. However I've lent some to a delinquent loan and want to give the borrower a negative rating.
Can you help me with this?
We prevent users with low verification status from rating others to avoid the sockfarm problem (when the same user creates several accounts to get a good rating), you will need at least level 4 to rate other users, unfortunately we can't open any exception or the rating system will suffer.
As for the delinquent loan, any delinquent user is automatically downgraded to zero score.
Of course we are open to suggestions, so if you can think of a better way to solve the sockfarm problem we will be happy to implement it!
What would happen to someone's previous ratings if they were to go delinquent? Let's say they positively rated someone positive in the past, would those ratings still stand if the rater went delinquent?