Highest Rated Comments


zardeh22 karma

You were an exception. A friend was kicked out for his lack of concrete beliefs in a deity

zardeh18 karma

Why do people buy Lego brand bricks instead of knockoff products?

zardeh10 karma

I would think that a scheme like this might work:

  • Minimum bids are small, bids allow you to claim that you will provide some amount of value to the system
  • Bids have a minimum time (say you can bid on a domain for a year), this is recorded in the blockchain
  • The winner doesn't need to pay their bid into the system
    • Bid history is a form of reputation, they represent how much you believe the system will make from your stewardship of the site
  • As you make money through pageviews/adds, the system takes a cut for hosting them, much like BTC takes a transaction fee
  • The money that the system makes is tracked
  • At the end of your bid, there is a comparison between your bid and the actual income from your site, your reputation is increased by a function of this (so outdoing your bid is good, falling behind is bad)
  • People with higher reputation are more trustworthy and reliable and so the system can perhaps add a multiplier to their future bets on other pages, under the assumption that they do well
    • That is to say, if I have more rep than you, and we bid the same, the site goes to me since I have had more success than you in the past
  • People then have an incentive to bid highly, but truthfully
  • At the end of your bid term, you keep ownership of your site. Other people can submit bids, but the minimum bid is now a function of the total value you brought to the system, that is to say that they have to (significantly) outbid the actual value you brought

Add in a bid ceiling as a function of reputation (to prevent someone from spamming accounts, making monstrous bids, and defaulting), and I think you get a pretty robust system.

zardeh6 karma

Oh hey I know some classic city girls

zardeh6 karma

I'm fairly certain the handbook (Its 2 am and I cba to actually check) mentions something about belief in a deity being required. Some may not enforce it, it was one thing our scoutmaster (a religious fellow, active in the church we met/meet at) was a stickler for.