What if coins were moved and confirmed, possibly multiple times, before a theft is detected?
Then it becomes alot more problematic potentially. You run into not only freezing the scammer's funds but also innocent peoples' funds. I don't think this is an acceptable thing in bitcoin.
How do you expect to reverse transactions that are burried under multiple blocks?
by hurting innocent people potentially that is how.
- Strict Verification for CVN Applicants: Implementing rigorous checks on the identity, reputation, and historical activities of CVN applicants to prevent collusion and ensure only the most reliable participants are selected.
So, total KYC for CVNs is a mandatory feature? Good luck with that...
No way!!
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i'm surprised they didn't require KYC from someone that is filing a claim of lost bitcoins. if they are going to have a decentralized portal where people upload things to substantiate their claims i can almost guarantee one of those things might be an ID...
I will stop here for now as it's a lot of material.
trying to turn bitcoin into a centralized service with overlords is what it looks like to me.