[p2p-hackers] P2P Authentication

[zooko at zooko.com]

> > And if they do, then why reinvent the wheel? Traditional public key
> > signing works well for these cases.
...
>   Traditional public key signing doesn't work well if you want to
> eliminate the central authority / trusted third party.  If you like
> keeping those around, then yes, absolutely, traditional PKI works
> swimmingly.

Where is the evidence of this bit about "traditional PKI working"?  As far as
I've observed, traditional PKI works barely for small, highly centralized,
hierarchical organizations and not at all for anything else.  Am I missing some
case studies of PKI actually working as intended?

Regards,

Zooko