Decentralized Reputation

ABSTRACTIn this work we develop a privacy-preserving reputation scheme for collaborative systems such as P2P networks in which peers can represent themselves with different pseudonyms when interacting with others. All these pseudonyms, however, are bound to the same reputation token, allowing honest peers to maintain their good record even when switching to a new pseudonym while preventing malicious ones from making a fresh start. Our system is truly decentralized. Using an append-only distributed ledger such as Bitcoin's blockchain, we show how participants can make anonymous yet verifiable assertions about their own reputation. In particular, reputation can be demonstrated and updated effectively using efficient zkSNARK proofs. The system maintains soundness, peer-pseudonym unlinkability as well as unlinkability among pseudonyms of the same peer. We formally prove these properties and we evaluate the efficiency of the various operations, demonstrating the viability of our approach.