649 sats \ 0 replies \ @k00b 14 Oct 2022 \ on: blend: a p2p borrowing and lending protocol bitcoin
Cool initiative!
- Relies 100% on trust
- fine as loans usually entail risk but it’d be nice to minimize if possible
- 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