True, they’re pretty worthless. But the key signing aspect of it would be pretty cool.
Discussion
requires the second step of kycing each authorised signatory identity to be valid... but yes, could be also used for democracy too
you don't need KYC, you could have votes count based on whether a user is connected to the social graph.
true, but that's gonna be a pretty epic education campaign, and how do you trust these signing parties anyway? they don't require any vetting in reality and this is the tricky part of it
but at the same time, yes, i think in a long arc of the story this is the solution...
there is a fast syncing large cluster, weak consistency replication protocol called "pnyxDB" that precisely uses a WoT scheme for assigning trust to the database transaction updates and initial tests showed it was very fast at over 200 replicas
unprecedented for a non-centralised distributed database, it's easily double the performance of a practical BFT (ie, what most shitcoins use) distributed database consensus