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RE: Elon Musk wants to create a "Don't trust... verify!" website for media outlets... why not use blockchain?
That is an absolutely beautiful thought. But Elon Musk might be out of his depth on this one.
On or off the blockchain - the project is of a truly gargantuan nature. If we consider an article with it's veracity reports and references to be in excess of million words. The only 1 % of those words would be actual article and 99% would be the reviews and ratings and references.
To treat the idea as mere rating system would undermine it and to treat it to it's right extent would result in a behemoth of a project. Maybe it can be done but Musk's resources are extended thin at this point. Would depend on the collaborators he could get.
I think what he wants, is a website that has reporters, bloggers, and other journalists listed, and then they would have a rating attached to them based off all their passed work, and if they actually told the truth in the past or did not.
That is actually a reasonable approach. But for it to be of any meaning to us, we would have to see how much of it is community driven and out of the hands of a centralized figure/organization. Blockchain can resolve this particular aspect beautifully.
Now I see your point ......... if this happens then we need it on the blockhain. Because creating fake reputations has been the most seriously developed art form in past 30 years. No level of scrutiny is truly gauranteed to result in a foolproof system but with enough concentrated effort, this project can be worth the while.
Exactly what I was thinking mate.