Offchain governance

Silicology July 4, 2026
Source

In most governance mechanisms, KYC is not needed.

Since these applications are specialized (say smartpushti ) , the users who receive rewards have already demonstrated expertise.

Only users who receive rewards through conviction voting can issue beta reputation.

How do we validate a Nostr public key? Include the public key as evidence.

What is the purpose of beta reputation? What responsibilities do users with high beta reputation have?

For example, in SmartPushti there are buyers and sellers. Who decides which sellers are trustworthy?

The answer is the workers who have earned rewards through conviction voting.

If you use Bayesian beta reputation (where trust is continuously updated as more evidence arrives), then users with high beta reputation should have greater responsibility, not just greater influence. Their reputation should be earned through consistently accurate judgments.

A good principle is:

Beta reputation measures the reliability of a person's evaluations, not their popularity or authority.

Responsibilities of users with high beta reputation could include:

In SmartPushti

Workers who receive rewards through conviction voting become eligible to issue beta reputation.

Their responsibilities include:

A seller endorsed by many accurate evaluators gains trust much faster than one endorsed by random users.

https://iambrainstorming.github.io/chapters/computer/algorithm/bayes-reputation.html

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