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This article introduces the relevant knowledge of "what are the building elements of the reputation system in Filecoin". In the operation of actual cases, many people will encounter such a dilemma, so let the editor lead you to learn how to deal with these situations. I hope you can read it carefully and be able to achieve something!

Credibility is an important part of an efficient market: people have to assess the quality and credibility of their counterparties before closing a deal, and Filecoin is also inevitable. As a protocol, Filecoin is positioned to support different needs and interaction modes of users. Therefore, there can be a variety of reputation systems on Filecoin to meet the different needs of network participants. In addition to improving the efficiency of the network and providing high-quality services, the diversified and decentralized reputation system on Filecoin can also well support the new needs of users. V | jasonbody

Decentralized markets require multiple reputation systems

All reputation systems "rate" participants by collecting multi-dimensional data. The system is very important for market operation. Platforms such as eBay and Uber build rating systems based on user feedback to enable people to knowingly choose who to buy or take. An effective reputation system can build trust between parties, improve service quality, and cultivate loyalty between users and service providers.

For people, whether it is to store or retrieve data, they must be able to make a basic judgment on the miners before they can trade with confidence. Users need a way to measure the quality of miners, and lenders and underwriters must be able to judge their reliability and creditworthiness. For these reasons, miners on Filecoin must build credibility based on feedback from users they have worked with. However, the scoring and reputation system can take many forms according to different available scenarios and user needs. Network participants will play games against a single reputation system. Therefore, the reputation system on Filecoin is diversified and aims to enable users to express their preferences so as to improve the quality of service of the entire storage provider.

During the main network launch week in November, Digital M.O.B. Partner Cezar Paraschiv introduced their solution to the Filecoin reputation system. By collecting the up-chain and down-chain indicators of miners, DM.O.B. A scalable and transparent reputation system is being built that will provide relevant reputation indicators through public API and network dashboards. We encourage everyone to build their own reputation system for specific usage scenarios.

The basic elements of Filecoin reputation system

The goal of Filecoin is to bring distributed data storage patterns to people around the world. Filecoin's reputation system function will become an infrastructure layer and can be integrated into other projects and applications. To this end, it will be provided through a public API and web application to facilitate use and allow other application developers to integrate it into their projects.

This approach will promote the emergence of a truly decentralized economy, which can be more open, transparent and convenient than previous systems. Based on these goals, Filecoin's reputation system is designed to be as fair, efficient and decentralized as possible. To this end, its design will be based on four key principles: trustworthiness, flexibility, customization and transparency.

Trustworthy

In order for users to build confidence in their decisions, Filecoin's reputation system must be reliable and trustworthy. Reputation system is known to be easily manipulated, but this situation has been alleviated due to the diversity of reputation system and the diversity of usage scenarios. Metrics and ratings for a particular usage scenario may not apply to another scenario. The multiple reputation system also provides a layer of social consensus and cross-validation, making the whole system more powerful.

Flexibility

The "intention" behind the miners' operation is as important as the operation. For example, miners who cancel contracts for ethical reasons should not be treated in the same way as miners who accidentally get users into trouble. The reputation system should recognize that not everything is black and white. It allows appeals, follow-up and investigations, where appropriate, to help ensure that any impact or punishment is fair and proportionate.

In addition, with the continuous development and expansion of the Filecoin protocol, it must also be adjustable and developed. To this end, the system allows real-time adjustment of reputation ratings according to future updates of the Filecoin protocol.

Customization

A unique element of the Filecoin reputation system is that users can fine-tune their experience according to their specific needs, resulting in ratings that are not only reliable, but also more useful. Each Filecoin user can choose how much weight to assign to a given metric. For example, a user who only needs to store a small amount of data may not care about storage capacity, but may want to ensure that any potential miner has a high uptime and bandwidth retrieval rating. In this way, Filecoin allows people to customize their credit ratings according to their specific needs and goals.

Transparency

Finally, the key to the success of any rating system is the credibility of the system itself. Once users no longer trust ratings, ratings become useless. Therefore, the complete method of calculating user ratings will be open to the public at any time. With the development of the Internet, any adjustment to the rating system will be made public, so that anyone can verify the criteria for evaluating miners at any time.

Finally: Filecoin's reputation system will be the key to ecological sustainable development. We encourage interested parties to build different systems and develop trust among them in a decentralized manner with the aim of improving the overall quality of the Filecoin distributed storage market. Through a strong, transparent and credible reputation system, Filecoin can bring distributed storage and a growing decentralized economy to more people.

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