First of all let me say that with all the scam coins that have been released lately I initially thought that the CoinsSource PoD was a good idea. In fact, I think I was one of the first people to pay 30.00 for their premium membership.
What is bothering me is that the Coins Source statement on their site about Judge Coin is misleading....It states "We contacted the developer(s) of this coin and they did not want to go through with verification" (This is very misleading)On July 29th, per the instructions on their site I sent in through email information on 5 of the 6 items they asked for, including...
Email Address – Verified Your Personal Email Address (1 point) -
Bitcointalk Forum ID – Verify byprivate message or post if the Account is Greater than 3 months old (1 point)
Social Media – verify by a Tweet, Post to Coins Source’s Timeline on Facebook or a Private message via Social media (1 points).
Mobile Phone – verify by text message (1 point). Send Text to 1-562-794-5097
Mailing address – verify by post card (we send a post card and you send us a code that will be on the post card via email) (1 point)
Since I have posted my personal information on the JudgeCoin.com website I was ok with providing this information. I did have a problem with the last item, which is "State ID or License – send us a photograph of your drivers license (2 points). Attach your photo id to an email to
Trustindex@coinssource.com". As a copy of a drivers license is enough to fraudulently perform some acts of identity theft,
I simply asked in email "Can I send license with the license number blacked out?" which was denied.As I work in IT I am familiar with data protection standards like HIPPA and PCI. When I inquired about CoinsSource data protection policy I was brushed off with something about the data is on an encrypted server. If you all remember even large corporations have security breaches. CoinsSource is now compiling developer data that is being sent over email, which is an insecure for transport of sensitive information. What happens if their email account is hacked? That hacker would now have copies of photo identification of all developers who participated in their PoD program. When I asked for their data protection policy I was directed to their generic privacy statement on their website, which I feel is hardly adequate.
When I signed up on the site made it was made to appear that the only way to get PoD through Coins Source was to pay a monthly subscription. This seemed sleezy to me. When I protested on their thread I was offered and received a refund. (Thanks).
I chose to sign up with Crypto Asian's PoD because he thought out the process and presented a fair way for me to identify my identity without compromising my personal security. In the end I sent a notarized statement to Crypto Asian verifying my name, address, and phone number. The notary is certified by the state and can be verified. By doing the verification this way my photo identification is checked but not compromised. To his credit Crypto Asian charges NOTHING for this service.If Coins Source will accept the same Notarized statement that Crypto Asian did, along with my ALREADY submitted 5/6 items Judge Coin should be listed as 7 Stars (Photo ID counts as 2 points)...
http://cryptoasian.com/judge-judgecoin/PS... How did Bitcoin get 7 stars? Did Satoshi Nakamoto send a copy of his drivers license? Who is the Bitcoin dev who completed their PoD? Maybe we should tell Newsweek? Edit: Corrected number of items sent...