Post
Topic
Board Announcements (Altcoins)
Re: Energi [NRG] Cryptocurrency for World Adoption | PoS | MN | No-ICO or Premine |
by
temple
on 27/04/2021, 12:12:05 UTC
#Energiswap is expanding yet again!

We just added another batch of 52 new tokens to the platform.

You can now trade more than 180 assets with low fees and the best security in the space.

Get started here: https://energiswap.org

Here are all the new assets we just added to EnergiSwap:

$CVC $SRM $ANKR $NMR $DNT $IOTX $BTS $SYS $OGN $AVA $NXS $AION $HARD $TRB $CTK $WAN $CELR $LOOM $HIVE $QKC $AKRO $PPT $STORJ $AUDIO $DUSK $YFII $CREAM $MTL $GHST $WRX $BLZ $MFT $ROOK $RGT $KEEP $POWR $PERP $PAXG $DPI $SUPER $FARM $RLC $STAKE $RARI $HXRO $MAPS $FRM $DF $BZRX $BAO $OMI $KP3R

With the best security in the space? Smiley That is quite the statement to say the least. Would you claim to be as secure as the biggest players in the industry? Security requires a lot of resources, manpower, knowledge and money.

Do other projects have such a security system? Can you mention at least one project that a person can contact if their coins have been stolen? Smiley If not, then I would say that it is really "the best security in the space".  Wink


Are you saying if someone steals my coins you will reimburse me? It's almost a bit suspicious because there is no legitimate reason for you to be able to get coins back from a hacker, unless...

It's not actually reimbursing, it is recovering the stolen funds. The process freezes the wallet of the hacker so they cannot be moved after it is confirmed a crime is committed.

There is some more information here as to how the process works - https://medium.com/energi/ebi-recovery-reduces-cybercrime-by-70-5fccc31dd5b

As to not having a legitimate reason to recover stolen property, I'm not sure what you are trying to say here. It is theft and, depending on the exact circumstances, fraud (through impersonating others). I don't think thieves should profit from stealing and the recovery process can prevent that.

I am not saying it is bad to see efforts that want to make crypto space more secure, but there is also a massive element of centralization in your process. Who knows if you don't hold at least 10% of the masternodes and can decide on your own what is a crime and what is not? What if a hacker steals the private key and signs a message? Also, I believe you will be confronted with many edge cases where it is not that easy to tell who is right and who is not.

I am at the mercy of your process then. What if someone is broke and doesn't have money for the deposit? That is a possibility. How would you decide then?
Do I have to provide KYC data before my first deposit? Or before my first withdrawal?