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Comment by hendzen

Not going to happen. The WoT is a usability nightmare for the 99.9% of nontechnical users that don't care about things like 'p2p' & 'decentralized'.

Do you really think Granny is going to be happy with the tablet she bought that can't connect to her online banking account out of the box? Have fun explaining to her that she needs to exchange keys with enough trusted intermediaries to have a valid trust path to her bank. I'm sure there plenty of key signing parties happening at the 'ol retirement home.

Or maybe you can explain to Granny why her money was stolen when a scammer managed to compromise one of her trusted keys and then created a compromised subgraph in the WoT leading to a fake certificate to her bank?

The WoT is a usability nightmare. Sure, the PKI isn't too great, but it's what we have, and it is currently more practical than any other solution out there. Security needs to be usable to be useful.

EDIT: for a good rebuttal to the OP, read this blog post by Mike Hearn which covers the issues I raised and more: https://medium.com/bitcoin-security-functionality/b64cf5912a...

parent hendzen 12 years ago

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