Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: LogiC on October 08, 2018, 06:22:47 AM

Title: Smart Contract by ETH should be upgraded and add security features for users!
Post by: LogiC on October 08, 2018, 06:22:47 AM
Hi there guys, in my opinion, eth dApp and smart contract should be upgraded and adds new feature such as security background or KYC foe those who wish to use the product. Why? It's ashamed that most projects being promoted using eth smart contract are used in launching hoax projects which scam many investors on the process. Just my 2 cents, Vitalik should listen to this, if not, it will be the downfall of his project.
Title: Re: Smart Contract by ETH should be upgraded and add security features for users!
Post by: Elevteros on October 08, 2018, 10:00:21 AM
Perhaps you are right, for the creators of the project and their teams really need to enter the KYC procedure, I think that this will protect investors a little!
Title: Re: Smart Contract by ETH should be upgraded and add security features for users!
Post by: LogiC on October 09, 2018, 05:27:55 AM
Quote from: Elevteros on October 08, 2018, 10:00:21 AM
Perhaps you are right, for the creators of the project and their teams really need to enter the KYC procedure, I think that this will protect investors a little!

Definitely mate, also I'm not only after the protection of investors but also the concept of the project. This amazing product shouldn't be bullied by some geeks trying to scam people using smart contract. The platform inhibits an easy cash get away grab procedure if the platform can be easily access like this.
Title: Re: Smart Contract by ETH should be upgraded and add security features for users!
Post by: Zed0X on October 09, 2018, 07:57:46 AM
I do not think Vitalik would even allow that. That is some form of centralization and that would beat the purpose of Eth platform. Not implementing security won't be the its downfall.
Title: Re: Smart Contract by ETH should be upgraded and add security features for users!
Post by: Fakodsaja on October 09, 2018, 08:13:33 AM
that's right bro. because that is a threat to bitcoiners. Among them is the assets they have lost are stolen by a group of people who want to become millionaires. without having to work hard.
Title: Re: Smart Contract by ETH should be upgraded and add security features for users!
Post by: Cruelmes on October 09, 2018, 08:19:24 AM
I m not sure about that i agree if  some one or comunuty or my self that control all of data of atleast famous people i dont want to give my identty to people that i dont trust
Title: Re: Smart Contract by ETH should be upgraded and add security features for users!
Post by: LogiC on October 10, 2018, 07:15:23 AM
Quote from: Zed30 on October 09, 2018, 07:57:46 AM
I do not think Vitalik would even allow that. That is some form of centralization and that would beat the purpose of Eth platform. Not implementing security won't be the its downfall.

Yeah I know it will beat the purpose of it. But how can you negate the people who are using his platform for this? Any thoughts, I know the best way is for those people to keep out of those scammers. Vitalik should see this fall out as well. Imagine you are the creator of it. Wouldn't you feel angry when someone using you're invention for this.