And it's some additional info from a German website (pagerank.suchmaschinen-doktor.de) :
TrustRank algorithm
IntroductionThe TrustRank algorithm is a procedure to rate the quality of websites. It was published by Gyongyi, Garcia-Molina and Pedersen 2004. The basic idea is similar to the PageRank algorithm - taking the linking structure to generate a measure for the quality of a page. The algorithm can be seen as a further development of the PageRank procedure. However, further development is not necessarily an improvement.
The starting point of the algorithm is the selection of good (trusted) pages by hand. These pages are the sources of trust. Trust can be transferred to other page by linking to them. Trust is propagating in the same was as PageRank. Additionally one can select sources of spam. The negative measure (inverse PageRank) is propagating backwards and is a measure for bad pages (spam). For the ranking algorithm both measures can be taken into account.
Mathematics
A simple variant of the TrustRank algorithm is given by
TrustRank = M-1 * X
where the matrix M (analogue to the PageRank algorithm) is given by
M = 1 – d T
with
Tij = 1 / Cj (if page j is linking to page i)
Tij = 0 (otherwise)
d is a damping factor and X the source vector of the trust.
The inverse PageRank is given by
Minv-1 * Xinv
with
Minv = 1 – dinv Tinv
The inverse transition matrix Tinv is definied by
Tij = 1 / nj (if page i is linking to page j)
Tij = 0 (otherwise)
dinv is an additional damping factor, Xinv is the source vector of the spam (the bad pages) and nj ist he number of incoming links on page j. Minv is nether the transponent nor the inverse matrix of M.
In contrast to the normal transition matrix which is defined by incoming links, Tinv is a function of the outgoing links. Therefore, this measure for spam is propagating backwards. This means that pages are bad which are linking to bad pages. While good pages are defined as pages which have incoming links from good pages.
Search engine optimisation
Search engine optimisation for TrustRank is the same as for PageRank. Additionally, one just has to ensure the pages are not considered as spam.
http://pagerank.suchmaschinen-doktor.de/trustrank.html