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Board Service Discussion
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
by
miri94
on 14/02/2015, 07:18:36 UTC
Took 13 minutes for a ban.

Shits bad.



Sorry but last sentence when you write about "weeding out":
  • There will always be new scammers
  • There will always be new victims

The best way to mitigate against fraud is intrinsic mechanisms such as:
  • Bad listing of wallets: cannot send to and cannot received from.
  • Labeling of coins: coins that have gone into a bad wallet will be labelled unless they go into a good wallet first to remove the bad label.

Things like who gets to label a wallet bad and who gets to own the good wallets and how will that work decentralised: i think there is alot of smart people to do this, but I do not see how this is any different from a couple of companies with proven honesty records (say the likes of Standard & Poors, Moodies: but those are corrupt in core and substance) doing the labelling.