I've suggested a completely decentralized system multiple times. The more people keep arguing on trivialities here, the more I'm starting to think it's better than the current system.

The "problems" everyone keeps bringing up with my system :

1. You can't verify that transactions happened. Some people can leave fake feedback for money that was never risked. You gave an example with Ebay, well Ebay transactions are all true. Imo that's a valid concern, but then again, no one is stopping current DT1/2 members from straight up lying as well and leaving fake positive feedback. Who's going to verify those txes?

2. Leaving feedback for non-money transactions. You know, you have to tag ponzi scammers and funny lending section sobbers. (For my system) It's possible to create a default "empty shell" feedback for similar tags. If a high trusted member leaves an empty shell, it means something, unlike if a newbie does it, and so on.

But good luck convincing people that the current system is heading towards a centralized DT controlled by less people than it actually looks like. But maybe I'm wrong, it's only been a few weeks, and so far there's still a diverse amount of people in control that I hope it won't be the case.