Quote from: bustedsynx on February 08, 2018, 01:58:48 AM

Quote from: JesusCryptos on February 07, 2018, 09:31:53 PM

Quote from: Michail1 on February 07, 2018, 08:57:01 PM

Quote from: JesusCryptos on February 07, 2018, 08:05:40 PM

Thanks Michail, but I was referring to the ID verification for the referral system, as mentioned in this thread:

https://www.reddit.com/r/ByteBall/comments/7rtixn/byteball_id_verification_program_tutorial/

I don't remember all details of this initiative, this is why my post was not so precise, but I remember that when it was launched time ago I was at first VERY enthusiastic of it but then something in the technical process didn't work out properly and I've started to read of all the complains of people who were just losing their 8$ for the failed verification and I've postponed to deal with the issue until I forgot about it.

Thanks.
I agree with you. I didn't realize there was such a big issue and that people are so willing to submit passports and drivers licenses.

Personally, I wouldn't sell my identification for $12.

Yeah, that's another good point, this is why I have skipped the Polymath airdrop, which I've heard was not bad as value, because they were requiring passport identification etc, which I had found very annoying. But I remember that with the Byteball issue is was not too annoying, since you basically would have to have just one wallet address linked to your identity, and not necessarily the one that you would usually use.

Yup, what's the use of cryptocurrencies when you have to voluntarily provide identification to authorities. Isn't PGP keys or crypto itself means to verify you're you.

My take on Tony implementing Jumio ID verification is that he might be considering byteball to become a major platform for ICO's in the future. Implementing a KYC within Byteball allows new ICO's to ensure that consumers meet their specific ICO regulations/rules.