13 August 2024•
The vision crystallized with the development of the OpenRank protocol, utilizing the EigenTrust algorithm—originally developed to combat malicious nodes in peer-to-peer filesharing networks—to compute trust in decentralized networks. Adapted to the modern Web3 environment, OpenRank provides a robust framework for verifying and quantifying trust among users, applications, and services, integrating blockchain’s inherent transparency and security with peer-to-peer attestations.
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