The more I read, the more bewildered I am by the state of the PKI.
The trust model's unwieldy system[1] of protocols, dependencies, and
outright assumptions begs to be exploited.  Add to that the browser
behavior for a self-signed certificate (RED ALERT! THE SKY IS
FALLING!) compared to a "trusted" site and we're in bizarro world.
I'd rather we close the gap and appreciate a secure transaction with
an unauthenticated party than proclaim all is lost when a self-signed
key is presented.  I see no reason to trust VeriSign or Comodo any
more than Reddit.  Assuming trust in a top heavy system of Certificate
Authorities, Subordinate Certificate Authorities[2], Registration
Authorities, and Validation Authorities[3] in a post bulk data
collection partnership world is a non-starter.  The keys are
compromised.

With that, I ask for a history lesson to more fully understand the
PKI's genesis and how we got here.  Maybe a tottering complex
recursive heirarchical system of trust is a really great idea and I
just need to be led to the light.

[1]http://csrc.nist.gov/publications/nistpubs/800-15/SP800-15.PDF,
http://csrc.nist.gov/publications/nistpubs/800-32/sp800-32.pdf
[2]https://www.eff.org/files/DefconSSLiverse.pdf,
https://www.eff.org/files/ccc2010.pdf
[3]http://en.wikipedia.org/wiki/Public-key_infrastructure
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