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Why the witch hunt of someone unrelated to neobee?
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gacrux - who are you exactly to speak with such authority about this project?
I'm here to simply offer suggestions and trying to frame the issues surrounding this novel ID method.
You're speaking from a presumed position of authority, defining with certainty about what this is and is not.
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It creates a very strong constraint with the age of bitcoins but as you wrote this constraint is the incentive to play fair. That's ok. My main question about this system would be : Do I have the same pressure/constraint if I'm a "rich" user (with lot of bitcoins in many addresses) or if I just have a few bitcoins ?
Just one other small point - it might be necessary to tweak the (balance * coin age) formula, perhaps to give more weight to balance, or more weight to coin age, or to impose a minimum coin age (1 day? 1 week?) or whatever. I'm simplifying a bit here because I'm just trying to illustrate an idea. The key point is that: * BitID need not concern itself with the formula (but it would be helpful if it would automatically pass the address signatures (for proof of funds) during BitID login, to simplify the user experience.) * Individual sites could employ a different formula to calculate the weighting (some might give more weight to coin age, some less) ... and use that weighting in different ways. * What works best for any given site could be arrived at through trial and error. * The user doesn't have to care. They just (optionally) provide signatures for a decent amount of funds that they've had lying in one place for a while, or intend to have lying in one place for a while, and forget about it. Anywhere it helps them with account creation (skip the CAPTCHA, start with +ve reputation, or whatever) is a bonus. Anywhere it doesn't (ie. 99% of the web) doesn't matter, no harm done. If this were implemented I'd probably just put ~$100 into a new cold storage address, create my BitID signature, and then forget about it. As time goes on my ID will just continue to accumulate more and more legitimacy. I know I won't move it, so it doesn't have to be a huge amount (and, indeed, I'd refrain from signing with my main savings wallet, for financial privacy reasons.) If I ever need that $100 back it's still mine, so no harm (although my BitID's legitimacy rating would be reset as soon as I moved it, of course - but I could substitute/add other signatures at any time.) Your focus on preventing zero-day abuse shows you're really thinking of it as a chat forum tool. This is not the only potential usage case for BitID. BitID is a highly secure, portable, widespread and free-to-use method of digital ID that can be used by anyone with a single Satoshi to their name. If all you care about is stopping idiots on chat forums telling you how often they've fucked your mum, you're seriously overlooking the potentially revolutionary aspects of this ID technology. Allowing it to remain a cheap, distributed single-point of access to any and all digital services will attract newcomers and allow the technology to bloom in ways you can't yet imagine. Locking it down to people with masses of bitcoins to their name or people who were early adopters will see it fail like all other digital ID systems have. Why does my webmail need to know that I'm 'more trustworthy'? Why does Netflix? Why would my phone? It's your choice. Looking to create a 'trust' system based on value (age or amount of bitcoins at an address) is really premature for a technology which hasn't even launched yet. |
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By comparison, what I'm suggesting:
* requires the client to simply have some signatures which prove control of funds, nothing more. The BitID authentication remains very simple (just a few extra bytes to transmit.)
* client requires no hot wallet, no knowledge of blockchain, makes no transactions.
* requires new users to simply have a bitcoin balance somewhere, which most already do (even cold storage - as long as they have access to the private key to sign their BitID to prove control of funds.)
For practical purposes, users will sign in with BitID using their wallet (the need of downloading a specific app defeats the purpose of easy integration). Therefore, if you want to show a proof of stake to the service, you'll need to have the private key on your wallet. So you can't use a cold wallet (by definition it's not cold anymore as soon as the private key is leaked anywhere). The proof of stake has to be done by the server, which means the BitID server library will have to either integrate a full Bitcoin node, either use an API such as blockchain.info to get all needed information. This cannot be done by the wallet, as the service can't trust it (you could fork a wallet and patch it to send whatever proof of stake you want). I like the idea of proof of stake as a spam fighting technique ; it could be quite effective. I'll think about how I could integrate a first version in the BitID ruby gem. I'm just not sure if proof of stake could be computed from the blockchain.info API. Eric Please don't use a proof-of-stake system to 'trust' users like one of the previous respondents suggested. Think about it on a fundamental level - he's asking you to trust wealthier people, or people who haven't touched their savings in a long time, more than the average user. This is just wrong. |
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Porky/Lambchop/MP,
So now the 'fun' of trolling NeoBee has ended, is this your new target?
Edit: I won't bother reading your replies. I learned long ago to keep your accounts on ignore.
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What is he doing now??
Mr Brewster is staying with his Grandmother in the Yorkshire area. You are all correct in saying there was no funeral that he attended, this was just another lie to spin.
How and/or where have you obtained this information and why should we believe you? Thank you for caring about actual evidence. The trolls on this board decided to target NB for some reason, and this is now the best they can do. |
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Does anybody know if Danny really has a daughter in Cyprus?
I ask because Danny could have been a plant from the British Intelligence community or banking industry who was tasked with destroying the public perception of Bitcoin as a safe or reliable place for their savings.
But if he really does have a daughter this would be very unlikely as they would not involve a minor in such a scheme - in that case he likely unintentionally traded the coins away.
Seems a little far-fetched, but stranger things have happened. Also remember that in the UK police have previously infiltrated groups, led them on riots and impregnated group members all to further their long-term investigations. Those are some serious psychopaths they're recruiting. |
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Where is the problem for this solution?
This has the potential to bring 2FA-level security to every login, without the need for a centralised service. |
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Very good demonstration of a very good idea. How are discussions progressing with the Core developers to get this pulled into an upcoming version as an additional Core functionality? |
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Thank you for your updates.
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N&B GUY IS A SCHIZOPHRENIC LIER.
And you sound like an angry child. Calm down and take some deep breaths before posting next time. PS 'schizophrenic' does not mean what you think it means. |
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I haven't checked this thread in 40+ pages.
Are there still people defending Danny even after his former COO and others came out and confirmed he is a piece of shit?
I still want to see the legal process take it's course, but things are indeed looking more that way. However, I will reserve final judgement until everything is out in the clear light of day. Making accusations on Internet fora is not the way to solve real world problems. |
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Thank you for that. Makes for very interesting reading. I sincerely hope the police are involved. Existing laws should be more than adequate to deal with allegations made here. |
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Jimmothy - I love it. He should write fantasy novels.
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If you look back at the post history Jorge (particularly on the now-closed thread where Danny initially discussed the IPO), the 'negative posting' only really exploded during the 2-week silent period between the latest Prospectus and the final announcement that they were illiquid.
All of those negative posts were based on fabrications and hearsay, and certain characters (btcapples for example) were directly responsible for selling outside the market in an attempt to crash the stock. Which of course succeeded.
I still think the future of NeoBee is up for grabs. There are too many fabrications and speculations to believe anything one way or the other.
- If the police are actually involved, then we should get some answers if we wait.
- If Danny's actually looking for a buyer/new CEO, then we should let that process happen naturally.
Nothing is going to come from lying, threatening, bitching and moaning in this forum.
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By the way, what is defintely known about Mr. Brewster's background, before he went to Cyprus? (I mean schooling, jobs, etc.)
It now became known that he worked as security in nighclubs and pubs in Sheffield UK, came to Cyprus penniless with his shorts and sandals, gathered 9,500 bitcoins from the community, spent approximately half of them, and then grabbed the remaining coins and the dogs and left. I guess all this plus much more details will be revealed in his trial. Wow. Thanks for linking to so many sources for your claims. It's going to take us hours to evaluate this mountain of evidence you've provided. |
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Do yourself a favour and wait
How did that work out for bitfunder? You are going to be waiting a long time at dannys rate. And you don't find it suspicious that danny all of the sudden became rich after launching this company? New house, new bently, new mercedes, 400btc of "his own" money stuck in mtgox. Also most of that "speculative FUD" you dismissed earlier has now been confirmed. Here is a quote from neobee staff
1. You did not sell majority of the bitcoins beginning of October. It contradicts your earlier statements. Evidence needed, and convenient lack of evidence because of MtGox is laughable.
2. You quickly packed your belongings and left. Yes, I'm sure you left your daughter behind, but that only reflects poorly on you as a father.
3. You made no good faith effort to contact your personal creditors to whom you sold bitcoins to, and acted as a custodian.
4. You claim to have hired or intention to hire a 'forensic accountant' to prove your innocence. Why you would need a forensic accountant is beyond me. If you want me to, I'll publish the numbers you've been giving your employees. That will illuminate your incompetence.
ALL of your employees were very eager to help you and find the best solution to the problems arising in mid March. Although that was before we had time to go through every detail and create a clearer picture of your misconduct.
Oh dear oh dear. An unsubstantiated series of claims by someone who made an unsubstantiated claim on reddit that they were a former employee of Neo (because nobody lies on reddit). You MUST see why this is a ridiculously low standard of evidence you're setting for yourself. IF the person on reddit posted some form of proof of their former status at Neo, IF they then provided evidence to back up points 1 and 3, THEN they might be worthwhile points to discuss. Furthermore, bitfunder was never an incorporated business with offices and employees. If you can't see the difference between bitfunder and NeoBee, then I'm not sure anyone can help you. IF the police are involved in the Neo situation, we will see forward progress through the legal process. This was never the case with bitfunder. |
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100+ updates with neobee and nothing was done besides spend all investors funds on advertising and a new house/bently (he expects us to believe it was his own funds?)
How can you even say ge cares about the company when every cent of investor funds was wasted before launching and we are only made aware of the catastrophic failure after danny takes a surprise vacation and the company collapses?
Please elaborate on where you got the idea that danny gives a shit.
Any evidence he bought the Bentley with company funds? And evidence 'every cent of investor funds was wasted before launching'? No? Then this is just more speculative FUD. Do yourself a favour and wait - screaming into the wind does nothing to resolve a situation. If the police are actually involved, this will be resolved through legal channels and everything will become clearer in the end. |
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What a great collection of sources regarding the arrest warrant. Let's see here:
- coindesk.com
- cryptocoinsnews.com
- bitcoinx.com
- cointelegraph.com
- newsbtc.com
Why...it must be true if bitcoin blogs are reporting on it - they're the pinnacle of journalistic integrity!
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Police does not issue arrest warrants for "suspicions of mismanagement."
Police has not issued any warrant. Be so kind and provide us something other than sheer speculation. Also, no media in cyprus or the web has any piece of info NOT originating from this thread. The boy Dan, seems to think so.... "The police have been making a concerted effort to locate my assets in Cyprus, which doesn't seem the most logical way of handling such a case, surely they should be trying to contact me to get the full picture and not issuing warrants based on hearsay." Well, he is telling the truth - if they've issued warrants based on dubious evidence which can only be tracked back to sockpuppets posting on this forum, then they have been based on hearsay. If instead there is independent evidence of financial misdoing, then the warrants would not have been based on hearsay. So, who has any of that independent evidence? Or is it all entirely circular? Bitcointalk sockpuppet --> bitcoin blog --> mainstream press --> bitcointalk sockpuppet --> ad infinitum |
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