ReddID System Documentation - reddcoin-project/reddcoin GitHub Wiki
ReddID Auction System Documentation
Welcome to the official documentation for the ReddID Auction System. This comprehensive system implements digital identity management for the Reddcoin ecosystem through an innovative auction-based mechanism.
Core Components
The ReddID Auction System consists of three primary components:
- Namespace Auction System - The top-level auction system for namespaces
- User ID Auction System - The secondary system for auctioning user IDs within namespaces
- ReddID Profile System - The identity management system built on top of the auction infrastructure
System Architecture
The ReddID system implements a hierarchical approach to identity management:
- Namespaces (Top Level): Premium identifiers auctioned to establish governance over a particular domain
- User IDs (Second Level): Individual identifiers within a namespace, governed by namespace rules
- ReddIDs (Cross-Namespace): Core identities that can span multiple namespaces for consistent reputation
Technical Reference
Economic Model
For details on the economic and governance models implemented in the system, see the Economic Model documentation.