Trust matters more when money is involved, as is the case here.
You are an internet power user, the masses are not. I agree with the "zero trust" model, but that is not how 99% of social platform users operate.
There is reciprocity of trust in this case, that is the point. A system where community members vouch for each other is much more efficient than a centralized authority.
People already want the checkmarks, this opens the possibilities for much more than that. For instance: I am a member of a 13-person club. We want to be able to display that on-chain. We issue badges to the members and it's done.
Another case: A business or university wants to verify their members as legitimate persons associated with that entity. This allows for that.
You are an internet power user, the masses are not. I agree with the "zero trust" model, but that is not how 99% of social platform users operate.
There is reciprocity of trust in this case, that is the point. A system where community members vouch for each other is much more efficient than a centralized authority.
People already want the checkmarks, this opens the possibilities for much more than that. For instance: I am a member of a 13-person club. We want to be able to display that on-chain. We issue badges to the members and it's done.
Another case: A business or university wants to verify their members as legitimate persons associated with that entity. This allows for that.