Agree with all this Similar concept applies to bitcoin bought on exchanges w/ kyc
Right now bitcoin is two year will be only kyc, not more unscanable people.
I hope it is further out than that I started a project so ppl can buy hashrate @Rigly This way ppl can mine bitcoin from wherever and get kyc-free
i check and have questions. Why put ur client in a aution ? Why the escrow ? don t add the ad catch phrase plz. and Why the email for sign up ? Remember its non-kyc
Auction is because there's only so much hashrate we have from mining farms Escrow = sellers paid after hashrate delivery Email sign-up is due to the need to communicate with you once you buy
The auction is to put ur client in a competition and to make more profit. Its a Eth token strategie. The escrow is usless. the people who create the keys are those who own the keys even if they lend the key after. So if people want non kyc bitcoin they have to leave an email address not token auth can be made, no solution can be found outside of an email ? is easy this way. ur solution ask a lot of stuff and no verrification can be made outside of your team. For me its a pure scam.
Gotcha. This is great geedbackl. We have a limited amount of hashrate to sell on Rigly.io Auction is the fair way to sell it Re escrow, would you prefer we put the address public? If we do that, then the buyer's TX is visible ... which doesn't seem great for user privacy.. We only ask for email, you are free to create an anonymous address. Thoughts?
The limited amount of hashrate doesn t justify the auction mechanic. W those note everyone can learn that its profit ur core value. if u and ur client only know ur address, what the problem ? Bitcoin fondemental still work fine. So the escrow thing is a lie. Like anyone who do transactions in bitctoin, u are going to choose. Its Bitcoin fondamental or fiat game. Right now what i see is a product that are focus in fiat game.
not necessarily in all countries
Who talk about countries? We talk about kyc. I think in a span of two years, that it will be illegal to buy and stock ur keys in a non-kyc wallet. Meaning they will be kyc bitcoin ''legal'' and non kyc bitcoin ''illegal''. All bitcoin amount will have a ID on them. And it will be illegal to transact without reporting the ID to an "official". It already began, look all those chickens in the space who are going w the flow. Talking about jack mallers and others. They are a lot of chickens in the space. https://void.cat/d/Xbe2M1nz3rzjveoKDyFiCM.webp