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649 sats \ 0 replies \ @k00b 14 Oct 2022 \ on: blend: a p2p borrowing and lending protocol bitcoin

Cool initiative!

  1. Relies 100% on trust
    • fine as loans usually entail risk but it’d be nice to minimize if possible
  2. trust consists of comments only, eg lots of cost to evaluating trustworthiness
    • it’s be nice to introduce a rating system so trust can be “compressed” into a number and be easier to evaluate
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