Well... I did not await this but I think I have to make this post not as a warning but with informational character only. Everyone should think what he wants of my post.
Well, I was approached by niktitan132 asking me to provide a multisig escrow 2 of 3 for this ICO.
I said this ICO looks good so far and I suggested TwinWinNerD as the second escrow since he is highly trusted and I worked with him some times already.
I got a message back saying that they already asked e-cash.org to provide a public master key. It would be a famous website in german and they want to attract german customers. I never heard of that site and asked in german subforum if I missed something but no... no one every heard of it.
He wrote, well that is fine, that page already negated his request. So his next suggestion was Petros Anagnostou, he is involved with wave and they want to target the greek market, I was told. I checked a bit, he has a greek thread about wave... dunno what's about really. Though I do not really know if he is well known and trusted.
So I answered why does he want to target the greek market when he wants to target the world market. And if all of his investors would say "Yes, I know this guy. I trust him.". I doubt that.
I stressed the point that EVERY party in a multisig escrow needs to be independent. Otherwise the idea could come up that two of the parties somehow are the same of coupled some way.
In any way... I did not hear anything anymore even when asking back.
Now I see those both parties are the other 2 key holders now. Even though e-cash was negating the request before...
Anyway... this is a purely informative post and nothing more.
Well, I was approached by niktitan132 asking me to provide a multisig escrow 2 of 3 for this ICO.
I said this ICO looks good so far and I suggested TwinWinNerD as the second escrow since he is highly trusted and I worked with him some times already.
I got a message back saying that they already asked e-cash.org to provide a public master key. It would be a famous website in german and they want to attract german customers. I never heard of that site and asked in german subforum if I missed something but no... no one every heard of it.
He wrote, well that is fine, that page already negated his request. So his next suggestion was Petros Anagnostou, he is involved with wave and they want to target the greek market, I was told. I checked a bit, he has a greek thread about wave... dunno what's about really. Though I do not really know if he is well known and trusted.
So I answered why does he want to target the greek market when he wants to target the world market. And if all of his investors would say "Yes, I know this guy. I trust him.". I doubt that.
I stressed the point that EVERY party in a multisig escrow needs to be independent. Otherwise the idea could come up that two of the parties somehow are the same of coupled some way.
In any way... I did not hear anything anymore even when asking back.
Now I see those both parties are the other 2 key holders now. Even though e-cash was negating the request before...
Anyway... this is a purely informative post and nothing more.
What a prophetic post from SJ .
I think that this how ICO's should work . Multi signature wallet with at least 2 trusted escrows . Too bad for people here lost their money . Hope this - and every - scammer will buy medicines with stolen funds .