Since you newbie collateral should be held by a third party escrow.
I can understand for this purpose by reason of "newbie" account. Actually no my gap, to take / steal account.
Everyone who submits a form, makes sure to provide "sign message". So if I think I will steal it is a meaningless action.
*Users can retrieve the hear account how to send "sign Message" to admin, As we know.
*Moreover the account will be marked "red trust".
Thank in advice,
<(")
I would suggest avoiding using btc accounts as collateral as much as possible. DT could flag those accounts if the user default making them worthless. Best to try only using altcoins as collateral, but as well lend at your own risk and dont just give out to people. Good luck!
I have 2 options for valid collateral on the terms and conditions above, I will try my best to be able to review the accounts that are eligible to be loaned or not.
Thank in advice,
<(")
Actually you'd be surprised how hard it is to retrieve an account.
You should really go onto the Meta section and take a look at people's account getting stolen/hacked, and them waiting months to get it back. If you escrow then there is no problems with it.
Also if someone does have altcoin collateral which is rare these days, it definitely makes economical sense for a newbie to steal that collateral.