KYC is not good for any blockchain activity. Thank You for proposal, but NO. Sorry.
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KYC is not good for any blockchain activity. Thank You for proposal, but NO. Sorry.
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I'm not a fan of KYCs. However, as per the agreement, they wanted a means to ensure people do not abuse the reward. They figured KYC would be the only possible means of avoiding abuse of the reward by just 1 person.
I couldn't suggest a reasonable alternative. If you can suggest another means of removing rewaed abuse, I'll try to get it implemented.
I wonder how KYC connected with blockchain activity. If you go to the bank to ask loan or something like that you have to do it. But what connection between blockchain and my papers, issued with country authority? ) Anyway I don't remember any project with KYC, that not become scam sooner or later.
I agree with you: KYC is a submission to the authority, the exact opposite of freedom, right? 😜
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KYC is simply not good.
Hey, I don't know a whole lot about the inner workings of cryptos. Would you mind explaining a little (simply) about why it isn't good for blockchain?
KYC is like a chain on your leg. While decentralisation provide freedom, KYC make possible to divide users and block some of them for different reasons.
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Not in this case.
It's not an exchange; the KYC's not being used to block certain regions of the world.
It doesn't matter anyways.
ONO did that and plenty of people plagiarized, spammed, etc. with impunity.
What is ONO?
@onosocial is a Chinese blockchain-based social platform.
I haven't touched that place since they dismissed the original "super partners", which are similar to members of a DAC in EOS.
Last I heard, they were contemplating moving out of China due to strong arms from the Party.
Whatever KYC processes, verifications, etc. they used on users did not matter. Many people who had "verified" badge plagiarized, spammed, and circlejerked like no tomorrow.
Anyhow, it was, and probably still is the farthest thing from a censorship resistant chain there is.
"Whatever KYC processes, verifications, etc. they used on users did not matter. Many people who had "verified" badge plagiarized, spammed, and circlejerked like no tomorrow."
Seems par for the course. Abusers will abuse. I think there isn't really any long term solution. Those who don't want abuse to happen will just have to constantly adapt to newer, more creative and sophisticated abuse techniques. Same goes for the abusers. It's like coevolution.
We need them though... to find what money does not pay to do... sometimes is cheaper that way! Just need to leverage the ways of exploiting.
Sorry, I'm fairly confused here.
Who's or what's the them we need? Is it the abusers, the KYC, those who are against abuse, or some other thing and I'm missing it completely?
Also I don't really understand "... to find what money does not pay to do..." in general. I think I'm missing some context here. Do you care to expound on that?
I'm not trying to be obtuse or anything. I would just like to really process the opinion you spent your effort and time putting here.
Guys, all of you are welcome to provide a reasonable alternative to KYC for ensuring no one abuses the reward. I am sure every project will be happy to implement a reasonable alternative.
Hi @hatu,
Could It be possible to link Steemit account (wallet) like we do in other dapps?.
Maybe It would be possible to add a phone number as other social networks use as a spam wall.
I personally have no problem identifying myself on a serious site. I've done It so many times...I can't understand why people get scared so easily about this when they are all monitored on their normal lives. All of us pay an ISP to go out over here and there...all have bank cards, Cars, insurances, we all pay with our cards while phonning...shoul I continue ? I Guess is enough.
Would be great if we could do It whitout a KYC process but I don't think it's a big problem. Other stuff is if it's worth. All seems so ideal and profitable...
Thanks so much for sharing this new, I came here thanks to Piotr and I'm glad I did.
Best wishes
The problem is that those hesitant to do a KYC would be equally hesitant to pass an OTP through their phone number.
But we all have already passed them so many times at so many sites like Facebook, Google( the whole service has even our payment credentials), Microsoft and a long etc.
I wonder how many steemians have already passed exchangers KYC’s in order to get some FIAT.
I understand that all must be careful but not paranoid.
Anyway a “must read” work and investigation should we all start with previous to any movement in such way.
Cheers
It's closer than you think. KYC is badly interpreted by many companies... and I get that... even experienced. But it will be something necessary! We just need to educate governments on how to do it right!
You make a point but sites like FB do not offer money for signing up. So, people have nothing to abuse.
Not true sorry... I can abuse if even not offered money for. One thing is not the opposite of the other... unfortunately that's the reality.
I think it's futile to try to ensure no one abuses. I doubt KYC even does.
At least it makes it very difficult.
It seems like it'd be pretty much the same keystrokes to abuse whether there's KYC or not.
It does make it easier for the KYC gatherers to harass people in the world outside the platform though, and curtail account spam type stuff iff you can only have one account.
I agree that one on one... it will be useless... but the idea behind the enterprise world is much more than simple user understanding.
It will hit pretty fast the economy. Just need that AI to become standard software the usual JavaScript user does... and it will be as easy as butter. If you know how KornShell influenced other shells.. then you know where I am getting!
Ditto.
Thanks for understanding the underlines of KYC... it's a great thing... but nor for incentive promotions (especially). And never a decentralized culture.
Not for 1,000.000 STEEM I'll do a hesitant KYC. Let's see how far we come without.
Unfortunately it looks to me that you lied on the STEEM correlation when it comes to bonuses.