Post
Topic
Board Securities
Re: [BitFunder] Asset Exchange Marketplace - Official Launch
by
burnside
on 12/12/2012, 20:15:30 UTC
I didn't want to hijack your thread any more than I had already.  I replied here:  https://bitcointalk.org/index.php?topic=125629.msg1395696#msg1395696

Suggestion: You may want to re-examine your theory on BTC addresses being anonymous and maybe only display them to the asset issuers that need them.

Again, I try to make all my projects as transparent as possible. I am even looking to allow users to be able to use multiple addresses so they can split their holdings on the public list, however even that feels like it would be abused in some way. If you do not want people to know who you are, just create a new address that will only ever be used for an emergency claim. I just do not see a reason why everyone can not have a copy of the same data, and be on the same page as long as it maintains user privacy. As an exchange, we are responsible for maintaining a simple form of data that people have traded with their real money for. I can not stress enough to anyone how important that data is, and what a large responsibility exchanges have to insure data integrity up to the worst possible case scenarios. This also help's users feel assured that the exchange itself is not scamming the system. Many accusations of 'trusting' GLBSE's data flew pretty quick. With even just some holdings information withheld, for whatever reason, leaves an opportunity for people to worry that 'unclaimed' shares might be falsely listed under another person/s. Giving a list to asset owners is nice. Letting users click and see something that references what is theirs and knowing that other people are checking too and adding up the totals to see that the numbers balance out... to me, this is not some 'feature', but a sense of relief and confidence in the safety of their investment that the users deserve to have access to.
BitFunder aims to help protect everyone, issuers, and users alike in a fair and balanced fashion.

I was referring to the fact that BTC address history is public and not really as anonymous as some think.  I didn't mean to infer anything else.  I wonder if I google all the addresses that are published if any of them will turn up in website footers or thread footers as donation addresses?  Or... if I run a competing exchange and I search my DB for all those addresses, I wonder if any of them will come up?  Wink

Cheers.