Post
Topic
Board Service Announcements
Re: [ANNOUNCE] FrozenBit- Changing the Landscape Of Bitcoin Payments and Security
by
BitEscrow
on 23/03/2014, 16:45:44 UTC
if you want peoples bitcoins then:
1. dont be a bank charging them a fee
2. dont hide, if you want to be trusted, give your full real name. real twitter, fb and linkedin...not a frozenbit twitter which is meaningless
3. the best security is paper wallet, not third party storage. have you learnt nothing
4. wow an image of a banner and another image of a background.. that is soooo impressive.. not!
5. get the site running on testnet. for atleast 2 weeks, get people to use your service using testnet coins so they can decide if its worth putting real coins into
6. if you cant manage your own real life investments to be able to afford to make a wallet. then that is a big neon red light saying your not to be trusted.

your website concept is nothing more then a list of public keys and an emailer to send authorizations and a guy that sits at his computer when he is not sleeping to then send funds as he receives these emails.. not worth more than $15 (now i refer you back to point 6 again)

the only time i need a wallet is to do transactions. for those smart enough to be using paper wallets, for their own cold store and a simple client to do the quick transactions you which you cannot offer. i find your service useless.

you are trying to be a bank.. used for storage. i hope people learn not to trust third parties that do not offer private keys and separate you from your coins unless they personally authorise it.

remember gox "you cant have your coins unless you prove who you are"

but this time no one knows his real name or address..

learn people third party services are for short term and fast transaction. if you want a bank, go back to fiat.

sorry for being blunt, but i dont hug babies and let them do as they like, i teach them to grow up and do whats right

 I see your concern is trust, from mostly scams ridden like the plague ripping coins from you. Luckily, we have MINIMAL human intervention. Luckily with the developed site, we've been able to make the site feel as if everything is client side, with less security risks.

 Heres how:
1.) Having Imported addresses, generated offline.
2.) 2FA
3.) Phone confirmation
4.) 24/7 support
5.) Algorithmic Transaction fees, Your coins should verify instantly.
6.) Balance change and price alerts.

 And your resilience to allow new competitors and proprietary systems to be established is against all bitcoin stands for: The Free Market, It allows for scammers but on the flip side it allows for security. It's the beauty of both.

LOL what a failed idea.

Go back to 2011 and pitch this, you might gain some customers.

We have escrow built in the blockchain, why would i need to have your list of BS that you called "security" features?

Btw, Who the fck are you?
Give the community complete info about yourself, and let the public run a check on you.



So uhm.. I don't think we should take this attitude with a BRAND NEW service. It seems very hostile to me and doesn't inspire confidence in creating something if you're a developer reading this (I'm not but I would imagine this guy is feeling kinda bad if he has spent the last few weeks if not months, in addition to what is likely his personal money developing this thing). No one is asking you to deposit hundreds of coins but every new service should get a fair and neutral review. In addition, I disagree with doxxing developers. For the gambling section, good luck finding owners, and if I was one of them, I wouldn't want to be found either. We still have a hazy regulatory climate (not to mention conflicting international laws) and a pseudo-anonymous currency, let's let him build rep over time.

I agree with what was said so far though.

1. Thanks for providing your skype/contact info, I'll PM you if I want to talk - check.
2. You still need a website; I don't really get why I would use/switch to using something like this, though I see the potential with what you are presenting.
3. Realize that blockchain.info could easily integrate this into what they have it seems, so be careful and grow fast.

I wish you luck, and here's to hoping to see a live webpage up soon! Smiley

 Thanks for this, were working around the clock to get this up and running. We are setting up a VPS to download the blockchain right now, so we can have alerts when transactions clear and you can be alerted via text.