Trust Index - The Original Developer Verification | Free For Next (48hrs)

[tk808]

In Spite of Recent Incidents with ICOs and IPOs, We are offering Trust Verifications FREE and backed by Coins Source for the next 48 hours.

Simply Contact Us: Trustindex@Coinssource.com requesting a verification!

What's the Trust Index?

The Coins Source Trust Index is the original and most reputable Trust Verification for developers. We separate the developers willing to be accountable for their work from the scam coin “developers” that rely on anonymity to steal hundreds of BTC from trusting investors. Because anonymity is highly valuable for even legitimate parties, Coins Source will never release personal information disclosed in the Trust Index verification process. The Trust Index will not indicate who exactly is behind a coin, but will act as a trusted third-party guaranteeing that each coin with a Trust Index rating is being developed by a real person with no known history of fraudulent activity.

What We Are Verifying

Interview - Via Skype or IRC
Social Media – Verify by a Tweet, Post to Coins Source’s Timeline on Facebook or a Private message via Social media
Coin Age at Least 1 month old – This Verification is Automatic
Mobile Phone – Verify by text message.
State ID or License – Copy of your Drivers license, Passport or State-ID
Mailing address – Verify with 2 bills that confirm the address on your license or ID card.




Everyone is welcome to join in on the discussion and if you have any questions feel free to post them

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[lamosty]

Very nice. Who else has the reputation to verify coin devs than Coins Source in this fast-paced crypto scene? You are finally stepping up to benefit the entire crypto-community Thanks

[youngg]

You tell us? Is Sync Coin dev trustworthy? 

[peter378]

A lot of dev's seem to operate under newbie accounts, so the lack of information makes it hard to figure out if they are trustworthy or not.

[tk808]

A lot of dev's seem to operate under newbie accounts, so the lack of information makes it hard to figure out if they are trustworthy or not.

We'd like all input for our Trust Index, this is a big change for the crypto-world and we want anyone to get involved and discuss their thoughts to make this even better.

[peter378]

A lot of dev's seem to operate under newbie accounts, so the lack of information makes it hard to figure out if they are trustworthy or not.

We'd like all input for our Trust Index, this is a big change for the crypto-world and we want anyone to get involved and discuss their thoughts to make this even better.

If a dev's using a newbie account the only way to evaluate trustworthyness is by evaluating the coin's code and distribution model.

[tk808]

A lot of dev's seem to operate under newbie accounts, so the lack of information makes it hard to figure out if they are trustworthy or not.

We'd like all input for our Trust Index, this is a big change for the crypto-world and we want anyone to get involved and discuss their thoughts to make this even better.

If a dev's using a newbie account the only way to evaluate trustworthyness is by evaluating the coin's code and distribution model.

We are looking into the logistics behind evaluating Coin's code, but this is a big undertaking and will require a community involvement. We have a way to capture the attention of audiences for codes.


Edit: And we make sure we get the developers real BTT account, we don't accept aliases.

[Rofo]

I'm guessing we can't see the details of the developers/teams ourselves? Do you release their info. if they bail on coins or end up scamming?

[tk808]

I'm guessing we can't see the details of the developers/teams ourselves? Do you release their info. if they bail on coins or end up scamming?

Due to the integreity of the Trust Index, we will hold all the information without releasing any bit to the public. We've taken very cautious measures in protecting this data, and is heavily encrypted and held disconnected/offline.


Coins Source's Trust Index is not 100% Scam proof, but users should feel a little safer when investing in a coin knowing that we've vetted them according to our process.


Trust Index will also be greatly enhanced over the coming weeks for further implementations to get everyone involved into the process.

[Spoetnik]

wow i am fucking floored you have the nerve to post this shit !

holy fuck LOL

trust this guy ? and your all idiots period .

[Rofo]

I'm guessing we can't see the details of the developers/teams ourselves? Do you release their info. if they bail on coins or end up scamming?

Due to the integreity of the Trust Index, we will hold all the information without releasing any bit to the public. We've taken very cautious measures in protecting this data, and is heavily encrypted and held disconnected/offline.


Coins Source's Trust Index is not 100% Scam proof, but users should feel a little safer when investing in a coin knowing that we've vetted them according to our process.


Trust Index will also be greatly enhanced over the coming weeks for further implementations to get everyone involved into the process.

So they could give you all their personal details (real or otherwise) then 'scam' and those details are still locked tight? If you give someone a 7/7 for example and they bail with everyones money what would the situation be then?

Why not just push for greater public transparency/accountability. I mean I can understand Satoshi's situation and perhaps devs who are dealing with blackmarket/deep web coins, but if the guys behind DOGE, LTC, DRK, etc (and the now public representatives of BTC) can show their faces why not encourage that. The argument for security from the government/officials holds no weight if they're sharing personal information already over the internet with you guys. Just trying to wrap my head around it.

Also, do you take fees to give your stamp of trust approval on coins? Just noticed the .1btc fee for quick delivery on your website.

[tk808]

I'm guessing we can't see the details of the developers/teams ourselves? Do you release their info. if they bail on coins or end up scamming?

Due to the integreity of the Trust Index, we will hold all the information without releasing any bit to the public. We've taken very cautious measures in protecting this data, and is heavily encrypted and held disconnected/offline.


Coins Source's Trust Index is not 100% Scam proof, but users should feel a little safer when investing in a coin knowing that we've vetted them according to our process.


Trust Index will also be greatly enhanced over the coming weeks for further implementations to get everyone involved into the process.

So they could give you all their personal details (real or otherwise) then 'scam' and those details are still locked tight? If you give someone a 7/7 for example and they bail with everyones money what would the situation be then?

Why not just push for greater public transparency/accountability. I mean I can understand Satoshi's situation and perhaps devs who are dealing with blackmarket/deep web coins, but if the guys behind DOGE, LTC, DRK, etc (and the now public representatives of BTC) can show their faces why not encourage that. The argument for security from the government/officials holds no weight if they're sharing personal information already over the internet with you guys. Just trying to wrap my head around it.

Also, do you take fees to give your stamp of trust approval on coins? Just noticed the .1btc fee for quick delivery on your website.

We we will publish an F.A.Q. with all these questions answered and more

[poornamelessme]

So they could give you all their personal details (real or otherwise) then 'scam' and those details are still locked tight? If you give someone a 7/7 for example and they bail with everyones money what would the situation be then?

Curious about that too. I mean, great, a dev has been checked out and is shown to be using his real name + address + email. Dev then abandons a coin or runs an ico scam and bails ... then what?

First off, even if he provided real info to you, and you shared it, how does that help anyone? What are they going to do? Form a mob and go after him, or start a lawsuit in what is probably some out of the way foreign country?

And if you do share the personal info for said developer, wouldn't that basically destroy your own trust system, meaning no devs at all would ever sign up with you again?

Edit: Just looked at those requirements a bit more closely. 4 pts out of 7 will probably be rather easy to fake. The postcard thing is also easy to fake, but may take a little more time for mailing and such. So basically if a dev prepares, he could use a fake identity pretty easily and still get a 5 out of 7 rating?

[Umbrella Holdings]

So they could give you all their personal details (real or otherwise) then 'scam' and those details are still locked tight? If you give someone a 7/7 for example and they bail with everyones money what would the situation be then?

Curious about that too. I mean, great, a dev has been checked out and is shown to be using his real name + address + email. Dev then abandons a coin or runs an ico scam and bails ... then what?

First off, even if he provided real info to you, and you shared it, how does that help anyone? What are they going to do? Form a mob and go after him, or start a lawsuit in what is probably some out of the way foreign country?

And if you do share the personal info for said developer, wouldn't that basically destroy your own trust system, meaning no devs at all would ever sign up with you again?

I think this is a great start and I applaud Coinsource for taking a step in the right direction.  In my opinion, they should seek out some legal council before setting anything in stone.  What if information is released and the developer get attacked, harmed or killed?  I think there are a lot of serious questions that need to be looked at from all angles. 

Keep up the good work guys.

[poornamelessme]

I think this is a great start and I applaud Coinsource for taking a step in the right direction.  In my opinion, they should seek out some legal council before setting anything in stone.  What if information is released and the developer get attacked, harmed or killed?  I think there are a lot of serious questions that need to be looked at from all angeles. 

Keep up the good work guys.

Even worse if a developer uses a fake identity, and some random guy/girl is harassed, harmed or killed.

[tk808]

So they could give you all their personal details (real or otherwise) then 'scam' and those details are still locked tight? If you give someone a 7/7 for example and they bail with everyones money what would the situation be then?

Curious about that too. I mean, great, a dev has been checked out and is shown to be using his real name + address + email. Dev then abandons a coin or runs an ico scam and bails ... then what?

First off, even if he provided real info to you, and you shared it, how does that help anyone? What are they going to do? Form a mob and go after him, or start a lawsuit in what is probably some out of the way foreign country?

And if you do share the personal info for said developer, wouldn't that basically destroy your own trust system, meaning no devs at all would ever sign up with you again?

I think this is a great start and I applaud Coinsource for taking a step in the right direction.  In my opinion, they should seek out some legal council before setting anything in stone.  What if information is released and the developer get attacked, harmed or killed?  I think there are a lot of serious questions that need to be looked at from all angeles. 

Keep up the good work guys.

And that's exactly our stance and that is why we will be holding all information without any release to the public. This is senstive information we are dealing with. And we've spoken with some legal consulates about this matter before launching.

Just like any service you verify you credit card or address you are dealing with, all information is held tightly secured without any public releases. This is how the service will operate, but much more securely, encrypted and offline.

[ramavtaar]

Good to see, someone step up for this work, thanks coinsource.

[poornamelessme]

If I was evil and a dev, I'd just go for the 5/7 rating and use a fake identity... over and over. They could always state they don't have a driver's license. All they would need is a throw away mobile phone and an address of 'someone' to get a postcard at.

[tk808]

If I was evil and a dev, I'd just go for the 5/7 rating and use a fake identity... over and over. They could always state they don't have a driver's license. All they would need is a throw away mobile phone and an address of 'someone' to get a postcard at.

To verify by postcard, we use the address on the drivers license. So in order to obtain the last 3 points, a Photo id or license is required.

[poornamelessme]

If I was evil and a dev, I'd just go for the 5/7 rating and use a fake identity... over and over. They could always state they don't have a driver's license. All they would need is a throw away mobile phone and an address of 'someone' to get a postcard at.

To verify by postcard, we use the address on the drivers license. So in order to obtain the last 3 points, a Photo id or license is required.

Okay, that's not too bad then. Basically means any dev with 4/7 or less is meaningless (might as well not even sign up for the program), while everyone else should be 7/7. Although of course fake IDs aren't exactly super impossible to come by either.

Personally I think a code review would be more useful, but I guess that is also much more time intensive on your part.