To all the newcomers.

What we really do here:

#nostr + #bitcoin

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The Web of Trust (WoT) is a concept used in the context of online communities and decentralized systems, particularly in the realm of cryptography and blockchain technology. It refers to a model where trust is established between individuals or entities based on their relationships and interactions within a network.

In a Web of Trust system:

1. **Peer-to-Peer Trust:** Trust is not determined by a centralized authority but rather by the consensus of peers within the network. Individuals establish trust relationships with other participants based on their direct interactions and experiences.

2. **Identity Verification:** Participants in the network are often required to verify their identities or provide some form of authentication to establish trust. This can involve cryptographic techniques, digital signatures, or other methods to ensure the integrity and authenticity of participants' identities.

3. **Trust Metrics:** Trustworthiness is often quantified using trust metrics or reputation systems, which assign scores or ratings to participants based on their behavior, reliability, and history within the network.

4. **Decentralization:** The Web of Trust model is typically decentralized, meaning there is no single point of control or authority. Trust relationships are distributed across the network, and decisions about trust are made collectively by participants.

Web of Trust systems are commonly used in various contexts, including peer-to-peer networks, online marketplaces, social media platforms, and cryptographic protocols like Pretty Good Privacy (PGP) for secure communication and digital signatures. They offer a way to establish trust and mitigate risks in environments where traditional centralized trust models may not be feasible or desirable.