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Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

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Modern Economical Nonsense — Design A Reputation-Based System

5 min readApr 25, 2022

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Photo by Element5 Digital on Unsplash

Have you ever been judged by others about your reputation or accountability? Everyone has their checklist about someone’s accountability in their mind. How about there is a bank of accountability on the internet? What is the goal of a reputation-based system? Or should we have a better system to implement?

Let’s explore.

Image credit: Photo by Stephen VanDyke via https://www.poynter.org/tech-tools/2017/will-your-foia-request-succeed-this-new-machine-will-tell-you/
Table of ContentWhat is a Reputation-Based SystemFunctionsModelsExample of Centralized SystemExample of Decentralized SystemDesign Thinking about Reputation SystemAlternative DesignIn Conclusion

What is a Reputation-Based System

It is a system that “formalizes the process of gathering, aggregating, and distributing information about individuals’ past behavior”

or a system to verify your accountability through the past history of records.

Functions

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Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

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