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Mike Gogulski: The 4th Pillar

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The 4th Pillar Peer-to-peer identity and reputation, beyond the state and beyond Bitcoin My interpretation of cypherpunk utopia rests on four pillars: 1: Secure messaging. We have that since the early 90s with PGP, etc. Mature. 2: Anonymous messaging. We have that since the last 90s now with Tor. Mature but not widely deployed. 3: Digital bearer currency. We have that now with Bitcoin and its derivatives. Low maturity but rapid innovation. 4: Peer-to-peer identity and reputation. PGP and other systems provide web-of-trust models exist, but so far they don't scale. Reputation and identity today are largely managed by centralized, largely unaccountable entities (states, corporation [think eBay and Equifax]) on the one hand, and by inefficient, low visibility peer networks on the other (old boys' clubs, word-of-mouth). "Identity", particularly, is centralized in states facing systematic dissolution. The vision is for a decentralized, emergent consensus of reputation and identity. How to implement and live with it is our challenge.

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