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Keybase is now supported by the Stellar Development Foundation

keybase.io

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Re: Keybase is now supported by the Stellar Development Foundation

#71
post #47
post #38

How does this change the threat model for using keybase? It would seem to increase the target value of compromising the client. Is that immediate impression wrong?

Yes. I don't believe Keybase will not store Stellar private keys in any way, this would be horrible.

what does prevent you from storing your private keys today? Nothing. The association with Stellar might imply a higher likelyhood of something valuable crypto related being there. However, I don't care, if the security of keybase is somehow broken, I'd rather find out early on and with the increased exposure, they may be getting free pen testing.

Re: Keybase is now supported by the Stellar Development Foundation

#72
Read the announcement of the Stellar Foundation [1] for more detail. TLDR:

"We see a future where, say, I can send my friend 100XLM, and, via Keybase, I can send it to her by knowing only her Twitter or Reddit handle."

[1] https://www.stellar.org/blog/keybase-and-stellar-partnership...

Re: Keybase is now supported by the Stellar Development Foundation

#73

Given that stellar/lumen is a fork of ripple/xrp, and ripple/xrp seem to have a massive head start with what 100+? bank and payment providers already on board - are stellar/lumen not just competing head to head with Ripple with essentially the same technology but with a handicap of being behind in terms of development and not having an in-use production network and settlement solution?

Is the current code still a fork? I thought stellar switched to their own thing quite early alreaxy

Yeah, it hasn't been a fork for a long time. Disclosure: I work for stellar and took part in the big rewrite.

Re: Keybase is now supported by the Stellar Development Foundation

#74
post #30

Earlier quoted context omitted.

I could maybe see your concern if Keybase were announcing an ICO for their own token, but that is not what this is. This really is about Keybase bringing expertise with identity to the table and it makes a lot of sense for the two teams to work together. The currency side of things is still going to be handled by Stellar as far as I can tell.

I understand what they are doing. Here's how normal people look at something like this. It's not "oh, but they're just facilitating ," it's "why is there cryptocoin crap in this thing we use for work?". Then it's "Ed, why is this thing you recommended and spoke so highly about doing this? Are they cryptomining on our computers now?". Then, even after an explanation, they're probably still suspicious and probably righ…

So FUD. You're complaining about FUD.

Re: Keybase is now supported by the Stellar Development Foundation

#75

Earlier quoted context omitted.

There is no such thing as "excess electricity". If that power wasn't being wasted on useless cryptocurrencies, then we could have used it for useful purposes, such as processing aluminum.

That's simply not true. When supply outstrips demand it's generally going to waste anyway. Doesn't California actually pay Arizona to offload their surplus energy?

A few extra sunny days each year, due to lots of solar plants. Overall California imports more electricity than it generates in solar though:

http://www.energy.ca.gov/almanac/electricity_data/total_syst...

So the extra there is not really electricity you'd want to plan a crytocurrency operation around.

Re: Keybase is now supported by the Stellar Development Foundation

#76
post #25

Earlier quoted context omitted.

Keybase is also an identity tool, and I see value in having proof of identity when making crypto transactions.

That's great--but I don't care about what value you see when making cryptocurrency transactions. I care about the security and uptime of my services, which is why we started using Keybase in the first place. If they wanted to build some whateverthing that leverages Keybase for identity? Sure, go nuts, I think it's silly but it's not my time. But injecting it "into their apps"? No. These are tools for production, for…

I don't understand why you're upset (genuinely, I don't understand) about them adding new features. Are existing features reduced or worsened in some way I don't understand?

Re: Keybase is now supported by the Stellar Development Foundation

#77
post #25

Earlier quoted context omitted.

That's great--but I don't care about what value you see when making cryptocurrency transactions. I care about the security and uptime of my services, which is why we started using Keybase in the first place. If they wanted to build some whateverthing that leverages Keybase for identity? Sure, go nuts, I think it's silly but it's not my time. But injecting it "into their apps"? No. These are tools for production, for…

I don't understand why you're upset (genuinely, I don't understand) about them adding new features. Are existing features reduced or worsened in some way I don't understand?

[deleted]

Re: Keybase is now supported by the Stellar Development Foundation

#78
post #68

Earlier quoted context omitted.

There is no such thing as "excess electricity". If that power wasn't being wasted on useless cryptocurrencies, then we could have used it for useful purposes, such as processing aluminum.

If a hydroelectric power station produces 30 TWh per year, but demand including aluminum smelters is only 20 TWh, then there's 10 TWh excess. This is use-it-or-lose-it. Should they just allow the river to flow and bypass the turbines?

With massive regional grids like what's present in North America, it's not just as simple as that. Someone on the other side of the continent could use your 10TWh excess and curtail their own fossil fuel use instead.

Re: Keybase is now supported by the Stellar Development Foundation

#79
post #25

Earlier quoted context omitted.

Keybase is also an identity tool, and I see value in having proof of identity when making crypto transactions.

That's great--but I don't care about what value you see when making cryptocurrency transactions. I care about the security and uptime of my services, which is why we started using Keybase in the first place. If they wanted to build some whateverthing that leverages Keybase for identity? Sure, go nuts, I think it's silly but it's not my time. But injecting it "into their apps"? No. These are tools for production, for…

> That's great--but I don't care about what value you see when making cryptocurrency transactions.

So... don't use it? I probably don't use 99% of the functionality in the software installed on my computer.

It sounds like you just have an axe to grind with anything relating to cryptocurrency.

AFAIK Keybase's clients are all open source. If this is a real problem someone (maybe you?) will fork them and remove the "cryptocoin crap".

Re: Keybase is now supported by the Stellar Development Foundation

#80
I'd be really interested in adding Twitter (etc) support to Lumenette with help of Keybase, if possible. Hoping there will be an API for other wallets to interact with the features Keybase is working on.

I've been using Keybase git and file storage for some time now. Really excited about this partnership!

Lumenette wallet, for reference: https://galactictalk.org/d/1159-lumenette-android-ios-stella...

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