News for hackers. Stuff that matters.
Re:Decentralized Blockchain-Based Electronic Marketplaces by adrianN on Monday January 15, 2018 @04:57AM (#16149604)
This only shift the responsibility. Now those with the authority to provide a good reputation decide who gets to sell their goods. For example you would probably have a problem with dangerous electronics in a decentralized market. Only experts can tell you whether the USB charger you're looking at is safe, so whoever moves first to become the defacto authority for electronics safety in that marketplace effectively controls who can sell.

Not that I think that this is a bad thing. As a consumer I want somebody else to take care that the things that I can buy don't kill me and I wouldn't trust some random commenters on the Internet for that kind of information.

Re:Decentralized Blockchain-Based Electronic Marketplaces by sharemywin on Monday January 15, 2018 @02:21PM (#16152715)
The world/internet as a whole is trying to figure out how to manage delegating authority(trust) aka fake news etc.

I think we are in the process of transferring from institutional authority to algorithmic authority.