Hey there, been following blockstack for aaages (2 years), love the whole idea and how it evolved over time. Looking forward to contribute myself and try to come up with something useful once in a while ^^
Just read the token whitepaper, looks great! I’m all in favor on how it’s planned to go down and about releasing a layer2 token in general. Happy to see you working on governance stuff and things like web-of-trust. Combined with incentives for all parties I have no doubt that it will drive lots of people and business to the ecosystem.
What I didn’t get from the white paper are details on how the kyc is done exactly. Are there already discussions or additional info out there somebody can point me to? I’m wondering if Blockstack PBC/Token LLC will conduct the checks themselves or if they’re done by 3rd party service providers.
Next question would be why not just use twitter verification… they already have a nicely diversified user base and their requirements to get the “blue tag” are very high. Too high for average users to prove they’re human, but would still make a great initial-trusted-set for the WoT, while freeing blockstack resources/liabilities and let twitter handle all the kyc.
Also maybe add the twitter-login to onename.com, so the average twitter user can sign up in 2 clicks, even if he would be too lazy to sign up otherwise.
If there’s a shortage on people signing up for the genesis block, maybe let every verified user elect 3 friends or add fb and github verifieds.
so if we have a little initial gate-keeping why not through the company that has been around for a decade, has an existent and valuable public available kyc-identifier, and being probably the most used/trusted social media platform around. I mean even the president of the united states uses it so what could possibly go wrong