Krebit beta is live on Rinkeby!


Krebit beta is finally live on Rinkeby! give it a try on https://testnet.krebit.co and send us your feedback on https://krebit.freshdesk.com

Decentralized Reputation (DeRep) has great challenges: sovereign-identities, reputation calculation, sybil attacks, governance, vote buying, vote swings, vote apathy, plutocracy, etc. Krebit mitigates all of them and creates a pseudonymous economy for users to prove things about them without revealing any unnecessary information.

Krebit is a Decentralized Reputation (DeRep) DApp for building the Web3 of Trust. Our vision is allowing the people to trust each other again and maximize social capital, by serving as a reputation scoring platform for all members of the blockchain community.

cf0f3b214dd93443a90f2a93b60503a2fd6ca3d0cc40d73f3884cf8dbabc9e72.png  946a74db602f701993ed4497a919ae0d6cb122fef2901940e357f4b2d7b0217c.png

Krebit will reuse your existing IDX Decentralized Identity (DID) for login with either Metamask or a Non-Custodial local storage wallet. IDX is a multi-platform identity protocol for web3 decentralized and portable user profiles. DIDs enable entities to prove control over them by authenticating using cryptographic proofs such as digital signatures. An example of a DID is “did:example:123456abcdef”.

1b8cb6c279e6252c759af1b34644cc15f94c932746c9ddd457a08878d5cf8420.png  d43465cc6595cc76d3ca2a52a773c81b61dc0cd4a6779cb79da7c631d29d73ce.jpg

A claim is a statement about a subject, e.g. about their identity, location, accomplishments, owned property, etc. With Krebit the user private claim data remains off-chain in the Ceramic Network encrypted and controlled by their IDX DID. After a user manages their claim information, they can request judgement from a verifier based on a fee that they are willing to pay. A verifier with enough $KRB Tokens validates the data, signs the Verifiable Credential and sends attestation.

d5cfeb0aba5781e5c050c74c6a8f2d752a88f07bc90c12db58c528dfbe0e6cf7.jpg  abfc453fb24a3e80f5c0e4fbed37a78fc3d8e9eb9bfd312c8c1090c384f8373e.jpg

Verified Credentials are attestations made by issuers on users' claims. Krebit offers a W3C Verifiable Credentials marketplace, where both users and attestators are rewarded when they are registered On-Chain in the $KRB Token ethereum smart contract.

   2f08585c18ceb8dae81365489454ea2cd042c0e8a394fcf9f41d7a5fe598413c.png  acddcc2b5e29f70dba0d07af10fe5a470728c4e2bd857decd7f807db7d6f003d.png

Any member can also dispute a Verifiable Credential via proposal on the Krebit DAO. Once raised, disputes must be resolved by voting and the $KRB rewards could get burnt and the verifier’s stake could get slashed. The Krebit DAO will be optimistic, via the motions process as defined in Aragon Project's EIP-3000. Krebit Inc. (a Delaware S Corp) operates the Krebit DApp and promotes the Krebit DAO.

22d9f8c699ed28eab38f5beb493e06ab936bebcd9c3877b9262a60a8365bf768.jpg  9866104f9b070f722809e31d825b9062c6dbf31a69ffa8753e9549ed09ad5262.jpg

$KRB is an ERC-20 Token with OpenZepellin's extensions to make it Mintable/Burnable or Cyclical. It supports gasless transactions through EIP-712 signed delegations. It also limits tokens to only be transferable between accounts with a min balance, to encourage reputation building.

Krebit uses a Triple Layer architecture:
- P2P Storage and Chat
- Off-Chain Signed Data
- Blockchain Contracts

7047d69b40b5ca762a8a6093cc0052bb9fd3af4c5d001670708d9b4948e6b66a.png

Krebit is not going to reinvent the wheel. Instead, we intend to use the best existing tools and best practices for each component of the architecture. We're building on top of @identityindex @ethereum @IPFS @ceramicnetwork @textileio @AragonProject & @graphprotocol

Our Roadmap currently looks like this:
-Landing page and Yellowpaper publication (Q2 2021) - done
-TestNet beta deployment (Q3 2021) - done 
-Early Feedback and first round of funding (Q3/4 2021)
-Implement Escrow and reviews (Q3 2021)
-Implement Cross-chain and Web2 aggregation (Q4 2021)
-Bug bounties and Security audits (Q1 2022)
-MainNet Launch on ETH2.0 (Q1 2022)

Decentralized social media is coming to the web3! Start building your DID reputation today!

 

How do you rate this article?


2

0

Krebit
Krebit

Decentralized Reputation (DeRep) for a Web3 of Trust. | https://twitter.com/KrebitID | http://krebit.id/


Krebit - Web3 Verifiable Credentials
Krebit - Web3 Verifiable Credentials

Blog for the Krebit.id Protocol | https://twitter.com/KrebitID | http://krebit.id

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.