Juan Galt on September 12, 2014 – 11:15 AM in Crypto-Entepreneurs, News

Appeared first at The Coinfront
The Crypto Currency Certification Consortium, ­C4 for short,­ has launched as of this week, marking what may be a new stage of maturity for the Bitcoin ecosystem.It aims to address what it sees as one of the primary issues facing the continued growth and acceptance of cryptocurrency, and the strengthening of the community.

An Old Problem

As Bitcoin and its Altcoin offspring spread throughout the web, more and more individuals are seeing the vast opportunities of what may be one of the freest markets in history.

However, with the overwhelming speed at which blockchain tech evolves, and the rich knowledge it demands and creates, so come the age old problems of authority and trust.

How does one tell apart the honest expert from the novice from the crook, when they all wear the same coat?

An Old Solution

The answer is by testing them, and by holding them to a certain standard agreed upon by the community. C4 has brought together the sharpest minds in the industry in an effort to build the most accurate of exams.

C4 is a non for profit organization dedicated to establishing “cryptocurrency standards that help ensure a balance of openness & privacy, security & usability, and trust & decentralization.”

The C4 team, led by Michael Perklin ­ Chief Security advisor at Decentral and founder of Bitcoinsultants ­ have been reaching out to top Bitcoin experts including Peter Todd, Vitalik Buterin, and Charles Hoskinson among many others inviting them to help develop up to date and fair certification standards, decentralizing the decision making process as much as possible for the bootstrapped launch.

Here’s a list of the advisors that have chosen to be public in their contribution as of publication.

Peter Todd, Bitcoin Core Developer
Gerald Cotten, CEO of QuadrigaCX Bitcoin Exchange
Richard Kiss, author of pycoin
Charles Hoskinson, Director of the Bitcoin Education Project
Steve Dakh, author of KryptoKit and RushWallet
Jamie Robinson, CEO of QuickBT
Jonathan Mohan, organizer of BitcoinNYC
Piotr Piasecki, Chief Scientist at Provable Inc.
Jason Rumney, Director, Intelletec
Ethan Wilding, Decentral

Michael told The CoinFront that C4 is up to par with mainstream certification standards, akin to those used by security and auditing certifications.

C4’s Certifications

C4 has two different certifications available.
CBP ­Certified Bitcoin Professional­ is a 20 minutes online test, covering 6 areas of knowledge from basic cryptography to the history of money. This certification is designed for anyone that uses Bitcoin in their daily life or at work, be it sales professionals, accountants, teachers or entrepreneurs, to name a few.

As of the soft launch, CBP testing is open to the public and a 25% discount will be available until the end of September, leaving the price at around $75 Canadian dollars. Be one of the first!

The CBX ­Certified Bitcoin Expert­ will include all the topics covered by CBP, but will test deeper knowledge of cryptography, Bitcoin Core, information security, and more. CBX will soon be open to the public.

Though a list of the topics needed to pass the test are available at the C4 website, educational materials specific to this certification standards are not yet available and will not be the focus of C4. They can, however, all be found online.

CryptAcademy, led by former Vortex Mobile CEO Russell Verbeeten,­ will be following the launch in a few weeks with tailored and in depth educational materials. It is their hope that others will also step up to the fill educational roles as well.

A Glimpse Into The Future

Though the current reputation model of C4 is one where a database of certified members is kept at a central server, Michael assures that there are longer term plans to host this information in a decentralized fashion.

One possible implementation of this could be with Namecoin’s Onename, which ties social media identities to information like a Bitcoin address and is secured through decentralized means. Though this is but a glimpse at the possibilities of a blockchain based reputation system.

Future plans include a collaborative question database that will allow approved certified professionals to curate the exam database by editing existing questions, voting on them, and submitting their own, further decentralizing the certification process.

Many have compared Bitcoin to the wild west. If that’s the case, there is a new chief in town. But unlike the Bitlicense, this one can be chosen by the people.

To learn more about C4, visit their website, or email them at info@cryptoconsortium.org.