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calian
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January 13, 2014, 02:01:36 AM |
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The John K tracking device, for the needy escrow user  Make it standard-issue for treasurers/escrows, and require "I'm ok" bursts. Or it could be escrow duos. Two escrows working together, both with access to the privkeys, so that if one dies of sudden plane crash, money is not lost.  Duos? How about 2 of 3s? Have each of the parties to the transaction be one of the three key holders. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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ReCat
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January 13, 2014, 02:29:28 AM |
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The John K tracking device, for the needy escrow user Make it standard-issue for treasurers/escrows, and require "I'm ok" bursts. Or it could be escrow duos. Two escrows working together, both with access to the privkeys, so that if one dies of sudden plane crash, money is not lost. Duos? How about 2 of 3s? Have each of the parties to the transaction be one of the three key holders. ok, how about everyone here is part of the escrow?  |
BTC: 1recatirpHBjR9sxgabB3RDtM6TgntYUW
Hold onto what you love with all your might, Because you can never know when - Oh. What you love is now gone.
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BawsyBoss
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January 13, 2014, 05:40:02 AM |
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The John K tracking device, for the needy escrow user Make it standard-issue for treasurers/escrows, and require "I'm ok" bursts. Or it could be escrow duos. Two escrows working together, both with access to the privkeys, so that if one dies of sudden plane crash, money is not lost. Duos? How about 2 of 3s? Have each of the parties to the transaction be one of the three key holders. ok, how about everyone here is part of the escrow? Bam! Problem solved! |
Forever strong.
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Lauda
Legendary
 Offline
Activity: 2674
Merit: 2965
Terminated.
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January 13, 2014, 05:52:22 AM |
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Welcome back. Good luck with those problems.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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guybrushthreepwood
Legendary
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Activity: 1232
Merit: 1195
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January 13, 2014, 10:43:23 AM |
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Cool. I enjoy it when people are not dead. I also enjoy not being dead. One of my favourite pastimes actually. I must admit, I had assumed the the worst from this. Don't know whether that makes me a cynic or a realist . |
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BawsyBoss
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January 13, 2014, 02:06:50 PM |
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Cool. I enjoy it when people are not dead. I also enjoy not being dead. One of my favourite pastimes actually. I must admit, I had assumed the the worst from this. Don't know whether that makes me a cynic or a realist . Given that this is the bitcoin world and stuff like this has happened before (TradeFortress comes to mind) I would say you're a realist. |
Forever strong.
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guybrushthreepwood
Legendary
Offline
Activity: 1232
Merit: 1195
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January 13, 2014, 02:20:12 PM |
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Cool. I enjoy it when people are not dead. I also enjoy not being dead. One of my favourite pastimes actually. I must admit, I had assumed the the worst from this. Don't know whether that makes me a cynic or a realist . Given that this is the bitcoin world and stuff like this has happened before (TradeFortress comes to mind) I would say you're a realist. lol, yes, and I would agree, but some people tend to call me cynical when I think I'm just being realistical. |
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geraFoerra
Member
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Activity: 116
Merit: 10
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January 13, 2014, 03:36:37 PM |
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Or it could be escrow duos. Two escrows working together, both with access to the privkeys, so that if one dies of sudden plane crash, money is not lost. Duos? How about 2 of 3s? Have each of the parties to the transaction be one of the three key holders. Yes, it's better; there are many variations of course. For example, you could have still "only one guy" as what happens now, but that lone guy would give a X-of-Y backup to other trusted people (2 of 3, 4 of 5, who cares). It's not even an issue of trust, it's also the issue of buses running over people. This can be done for wallets, but it can also be done to backup other things like account passwords so really there is no excuse, any serious service should have those kind of disaster plans. I like the 2 of 3 reputable escrows to release BTC. But the escrow service will cost 3x more  |
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msc
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January 13, 2014, 03:45:26 PM |
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Welcome back mate!
Don't really fancy the tone of theymos' email, but I guess that was "needed".
"1000 Bitcoins will always be missed." -- Max Cherry |
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ReBoRn
Sr. Member
Offline
Activity: 392
Merit: 250
Bitcoin will survive
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January 13, 2014, 04:05:54 PM |
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Welcome back mate!
Don't really fancy the tone of theymos' email, but I guess that was "needed".
"1000 Bitcoins will always be missed." -- Max Cherry its a question if John K dead then theymos has backup for recover this 1000 BTC or no |
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saif92
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January 13, 2014, 05:01:27 PM |
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Cool. I enjoy it when people are not dead. just some peoples can enjoy this when peoples are not dead currently in many countries dozens peoples killing others for enjoyment |
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saif92
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January 13, 2014, 05:37:19 PM |
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just some peoples can enjoy this when peoples are not dead currently in many countries dozens peoples killing others for enjoyment not the enjoyment of those involved in the killings, usually currently in many developing countries happening no law no justice just personal ego and happening many things |
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GreatBug
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January 15, 2014, 03:59:38 PM |
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Are you still providing escrow services?
Thanks!
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springa
Newbie
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Activity: 5
Merit: 0
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January 16, 2014, 02:47:44 PM |
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The John K tracking device, for the needy escrow user Only 30hr of battery life! Cell phone localization would be recommended coz he will charge it himself |
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cardcomm
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January 17, 2014, 05:32:30 PM |
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Or it could be escrow duos. Two escrows working together, both with access to the privkeys, so that if one dies of sudden plane crash, money is not lost. Duos? How about 2 of 3s? Have each of the parties to the transaction be one of the three key holders. Yes, it's better; there are many variations of course. For example, you could have still "only one guy" as what happens now, but that lone guy would give a X-of-Y backup to other trusted people (2 of 3, 4 of 5, who cares). It's not even an issue of trust, it's also the issue of buses running over people. This can be done for wallets, but it can also be done to backup other things like account passwords so really there is no excuse, any serious service should have those kind of disaster plans. I like the 2 of 3 reputable escrows to release BTC. But the escrow service will cost 3x more You are right, that IS an issue. Still, it does not make sense to be "one deep" in a service like this. There are just too many things that can go wrong. I've seen it time and time again in the IT industry. Only one guy "has the keys" and he gets sick, hit by a bus, chased by Chinese mafia... anything can happen! This is a personal lesson for me - don't depend on a single individual when $ is at stake. |
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Dabs
Legendary
Offline
Activity: 3416
Merit: 1912
The Concierge of Crypto
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January 20, 2014, 04:28:08 PM |
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Hi John K. I'll escrow your escrows if you don't mind. I don't fly often although we get hit by typhoons every now and then. |
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ReCat
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January 20, 2014, 08:05:12 PM |
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John K needs a wife, a Ms John K, to also have privkeys in case if Mr John K dies or gets abducted by aliens or something.
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BTC: 1recatirpHBjR9sxgabB3RDtM6TgntYUW
Hold onto what you love with all your might, Because you can never know when - Oh. What you love is now gone.
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Bitcoinpro
Legendary
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Activity: 1344
Merit: 1000
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January 21, 2014, 04:54:15 AM |
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i don't understand why is it so difficult to get in touch with the forum?! internet is available nearly every city on earth. there is 3G, 4G, internet cafes, free wifi hotspots, mcdonalds, starbucks, there is even satellite phones....  free wifi  |
WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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January 21, 2014, 05:14:45 AM |
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i don't understand why is it so difficult to get in touch with the forum?! internet is available nearly every city on earth. there is 3G, 4G, internet cafes, free wifi hotspots, mcdonalds, starbucks, there is even satellite phones.... free wifi Next day JohnK gets hacked and leaves like a pirate Unless there was 2 JohnK's for casual logging in lol |
Believing in Bitcoins and it's ability to change the world
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Unluckyduck
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January 21, 2014, 09:53:41 AM |
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Welcome back buddy, was getting worried.
He's gone again lol |
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