What if Wall of Shame included a list of current and historical problems each market has had?

Wall of Shame is great idea to learn about already failed markets but that doesnt protect anyone yaknow? People tend to forget or not even learn about alot of things cause they get buried so quick, it would help alot of people gain perspective on the stability and integrity of markets if they could see what ongoing and historical problems each market has had, this would be a neutral way of accessing the markets.

Like i follow this stuff night and day cause being a vendor i can get fucked pretty hard at any moment and ive been on the scene since 2011, so like for instance SR2 would have a list like:

Current

Historical

This could all be dated and refenced for legitmacy but if people saw the state of the markets they could make a more informed choice. What u think?


Comments


[3 Points] LongLiveThe_King:

I'm all for writing up a history of how each market went down. I don't agree with detailing everything wrong with current markets though, it isn't our job to do your research.

I feel that a lot of people are already hand lead through this process and by adding a little warning like "Just to let you know, literally everyday in /r/SilkRoad people have been reporting deposit problems" people would rely on us for their information too much.

It also brings up problems with people accusing us of working with a scam market. If a market suddenly goes down (like TorMarket did) I'm sure people would come here and complain that we didn't list that, even if it is a complete surprise.

In addition it brings up the problem that if certain markets are listed as bad then it implies that others are good. I think only in the worst cases should we put warnings next to markets (DL, Cantina, etc.)

In my honest opinion if you refuse to do your own research then I don't feel bad at all when a market steals your money, especially when the signs are obvious.


[2 Points] None:

I would like to see it presented as issues instead of pure unadulterated shaming. These markets as they start will all have problems, errors, whatnot. Competitors will try to harm reputations with or without base, and shills will defend others.

I ordered from cantina, and was refunded after it went down. So I personally don't see them as a scam, although I realize many do. It worked for me but perhaps others have had different experiences. However, I also feel like there are and will continue to be plenty of scams.

Having a factual list of issues and problems seems to be more beneficial to me - it allows users to be warned while at the same time allowing for issues to be addressed and corrections to be made by markets trying to function legitimately.


[2 Points] mdparity:

As someone who's starting a new market, I've been looking through all the details here with full attention.

From the past results, it's hard to discern whether markets were legitimate or not. How does a market prove their reputation and standards? And how does one judge a market, but by it's past transactions?

For the market I'm building, all I would be able to offer as assurance is security and communication, as I make myself available as much as possible to help members around me, even when it has nothing to do with the market itself. A source code that is hand coded by a single individual to prevent collisions with other codes. A completely hand configured server from iptables, selinux, down to all of the htaccess files. A system that backs up DBs and the website incrementally into an SVN repo, then the SVN repo is synced with a backup on a second server. A db server that's replicated at a master-to-master level for HA and on two separate systems. A market that goes through a 3-cycle process, from development server, to test server with live TESTNET coins, followed by the release code. It seems that most of the other markets all faced technical or security issues; if those were the primary mistakes, then would scrutiny in coding produce a more reliable market?

Would that be sufficient? I want to learn more about what is expected of a market; I want to build a market that offers features, but above all, can stand to last as long as the community it supports.