<blockquote>
<p>Regarding the banning procedure, I think it should be implemented in any case. Now with arbitrators and in the future decentralized once arbitrators are gone.</p>
</blockquote>
<p>I prefer decentralized solutions such as p2p blacklists to banning. However banning is simpler and as long as we have arbitrators it makes more sense. So I agree with banning for now.</p>
<p>However when arbitrators are gone it is too dangerous to have a <strong>centralized authority</strong> (DAO role?) with the power to ban users. It would be an obvious single point of attack for any regulator that wants to impose censorship.</p>
<p>It would also be dangerous to allow users to report/ban as this mechanism creates perverse incentives in a competitive market.</p>
<p>So long term we need to come up with something better.</p>

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