Bitcoin OTC Web of Trust
= #bitcoin-otc is an over-the-counter marketplace for bitcoin currency. The marketplace is located in #bitcoin-otc channel on the freenode IRC network.
Since all transactions carry with them counterparty risk (risk of non-payment by one of the parties), it becomes important to keep track of people's reputations and trade histories, so that you can decrease your probability of getting ripped off. And thus, the OTC web of trust is born.