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[Draft] What is a Verified Market?

[This is a draft article for a specification that we would like community feedback on.]

 

A Verified Market is a market whose Market currency has completed a proof-of-developer by a developer verification service such as http://www.coinssource.com/trust-index-verification/ or https://www.cryptocertify.com/ and has traded on the Bittrex site for over 120 days.  As an alternative for United States based development teams, we'll verify the identity of the team ourselves with 2 forms of government identification and a video interview.

For example, BTC-URO trades UroCoin which has a PoD score of 4 and has been on Bittrex since May 15th, 2014.  Source: http://proofofdev.com/uro-urocoin/

We do not warrant any developer or coin verification scores but provide them as a tool to help traders assess the level of risk they are willing to take. 

 

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