Thanks to @Lyn Alden, @npub18lzl...ugm3, @Gigi, @DETERMINISTIC OPTIMISM 🌞, @Daniel Prince, @arkinox, @Avi Burra, @The Ben Gunn, @Kieran, @BlackCoffee, @Sebastix, @tomas⚡️, @npub12rv5...85vg, @Short Fiat, @Ben Weeks ⚡ and @bitcoms.

Some big brain stuff from Nathan here. "Nostr is PGP for the masses and will take cryptographic identities mainstream." Nostr Web-of-Trust meatspace check-in NIP incoming. Love it.

🤙🏻🫡

Did you consider how a prediction market of sorts could be used to economically incentivize identifying bad data?

Not specifically a prediction market ... expand pls! We have considered financially incentivising edits, but this too comes with unintended consequences re quality. There is much to be said about tending your local communal garden because it benefits you and your community.

“Prediction market”?

👀 📬 🥜 🏬 "Introducing Proof of Place, an out–of-band process where an oracle, such as @npub1864j...t2tq, would mail - yes mail a physical letter - a shared secret to the physical location being claimed in cyberspace. This shared secret would be locked to the public key (npub) making the claim, which, if unlocked, would prove that the associated private key (nsec) has physical access to the location in meatspace. One way of doing this would be to mint a 1 sat cashu ecash token locked to the npub of the claimant and mail it to them. If they are able to redeem the token then they have cryptographically proven that they have physical access to the location." Cc @npub12rv5...85vg View quoted note →

Prior to sending the actual physical letter you could have a prediction market where anyone can indicate whether they think the physical verification will be successful. The act of requesting verification would be a vote YES Anyone could take the opposite bet (NO, this location is not legitimate). Users who are good at consistently identifying false information would earn profit and be encouraged to continue. This may generate high signal data more rapidly than your physical verification process can scale Another benefit is that this could fund the verification process. Once both sides of the bet exceeds the cost of doing the verification it could trigger. The winning side splits the winnings (losing side bets - verification cost) pro rata