1. Transaction scripts in place of 100% human arbitrage. Reasonable feature.
2. hand-wavy name coin reputation thingy. This idea makes no sense.
3. Being federated would be 'neat', despite the example project being abandoned and largely non-functional. Or you could just use Freenet instead of Tor?
> 2. hand-wavy name coin reputation thingy. This idea makes no sense.
Using namecoin to keep track of identities makes perfect sense. That's precisely what it was created to do. See http://dot-bit.org/Use_cases
Obviously the reputations would need to be stored somewhere, but using Namecoin to say "this arbitrator is definitely the arbitrator you are trying to use for arbitration" would work perfectly well.
Namecoin can keep track of the initial date that the particular identity was registered. It can allow for the owner of the identity to quickly update information for everyone to see in the blockchain. It helps a great deal when it comes to keeping track of identities. You can store up to 1kb of data inside a namecoin registration.
The above cannot be said of Bitcoin addresses or GPG.
1. Transaction scripts in place of 100% human arbitrage. Reasonable feature.
2. hand-wavy name coin reputation thingy. This idea makes no sense.
3. Being federated would be 'neat', despite the example project being abandoned and largely non-functional. Or you could just use Freenet instead of Tor?