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Re: "Decentralized Identifiers": Bitcoin Cargo-Culture and Land Grabbing for the Top Level Names

From: Manu Sporny <msporny@digitalbazaar.com>
Date: Mon, 9 Apr 2018 09:00:12 -0400
To: public-credentials@w3.org
Message-ID: <25557166-5b38-9e6e-a925-88117509689c@digitalbazaar.com>
On 04/09/2018 03:56 AM, Dennis Yurkevich wrote:
> What are the economic incentives for implementers to store DIDs 
> forever?

Fundamentally, nothing is free and these decentralized systems need
money to operate. In every one of these systems, nodes are compensated
for participating in the network on an ongoing basis. Fundamentally, if
you run a node, money goes into your bank account. That's the economic
incentive.

> What stops method implementers not creating centralised and non SSI 
> systems?

Nothing can stop that. The only thing the standards provide for is that
if such a system were to be built, it will be technically interoperable
with the larger system (but would lack some of the decentralized
characteristics that those of us in this community would like to see).
Market forces may doom such a centralized DID Method, but that happens
in the future... which is hard to predict. :)

-- manu

-- 
Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny)
Founder/CEO - Digital Bazaar, Inc.
blog: Veres One Decentralized Identifier Blockchain Launches
https://tinyurl.com/veres-one-launches
Received on Monday, 9 April 2018 13:00:45 UTC

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