[xinbenlv]

> @8organicbits: Can I create 1000 empty wallets and endorse bogus edits 1000 times? It's really easy to create empty wallets at scale. What value does an endorsement like that have?

In a centralized setup, e.g. facebook and twitter, that's what they have suffered from.

In decentralized setup, however, it's possible that different reader will use different algorithm provider. If an algorithm provider uses something like PageRank/EdgeRank kind of graph-random-walk based reputation algorithm, 1000 empty wallets who doesn't have reputation will not increase any reputation of the edits they endorse.

[8organicbits]

Sure, public votes would allow alternate algorithms or even client side ranking. That's a cool idea. Wallets are not required for that and are a weak part of the idea.

You could, for example, apply your own ranking algorithms on top of HN, using things like karma to decide reputation.