Quote from: coin.cat on March 09, 2014, 04:54:37 PM

Quote from: k99 on March 08, 2014, 11:42:55 AM

I added a proposal for an identity (account) and reputation system.
It is described in the paper here:
https://docs.google.com/document/d/1d3EiWZdaM89-P6MVhS53unXv2-pDpSFsN3W4kCGXKgY/edit?pli=1#heading=h.bnpc4r2eii0m

Any criticism/review welcome!

As I see it, development could be divided in different steps.
1.- Game-Theoretic-Collateral transactions.
2.- Distributed order book.
3.- Distributed reputation system.

The first step could be developed without the second and the third. Existing working infrastructure (bitcoin-otc channel, order book and reputation system) could be re-used. As the initiative gains momentum and users, progress could be made towards the second and third step.

Exactly!
We try to make it module based, so several features can be developed independently and are exchangeable. That is also important for security, as every part has its own attack surface and should not have fatal effects to the overall system if it fails.
To use the bitcoin-otc infrastructure could be a low effort solution for starting.

Here a draft for the overall hi-level architecture.

External systems:
- Messaging system
- Wallet

Core:
- Exchange

Facades (provides internal API to access external system):
- Messaging facade
- Wallet facade

Modules:
- Account
- Offer
- Contract
- Identity check (only API, functionality off-system)
- Arbitration
- Reputation
- Blacklist