4
What mechanisms does OTC web of trust have against someone creating several accounts and trading between with themselves over a period of time, giving each other perfect ratings.
4
What mechanisms does OTC web of trust have against someone creating several accounts and trading between with themselves over a period of time, giving each other perfect ratings.
4
The global ratings are fairly easy to manipulate as you describe, and it has been done before. There is some minor protection provided by the requirement that you need a positive OTC rating to rate anyone else.
#bitcoin-otc also supports "trust rating" (example) which can't be easily manipulated.