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Keybase is now supported by the Stellar Development Foundation

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Re: Keybase is now supported by the Stellar Development Foundation

#161
post #8

Last time Keybase came up I made sure to post about how great using it is and that I am super-duper enthused about Keybase. I entreated 'malgorithms to let me give him money for Keybase. And I have recommended Keybase to a ton of people and a bunch of my clients, using it in a bunch of workflows. Now those people and those clients are going to have cryptocoin bullshit stuffed into a work tool? Thanks, Chris. You're d…

Yeah, I am not going to use any product associated with anything cryptocurrency. Just smells bad.

For now. We will see what you say in 5 or 10 years.

Re: Keybase is now supported by the Stellar Development Foundation

#162

Earlier quoted context omitted.

Why are you disappointed if Keybase includes a wallet or a way to send people Lumens? Can you not just not use it?

It would be kinda nice if keybase had a setting to turn off features. My mom doesn't care what git is, but she is a regular for chat and interested in keybasefs. Same with a wallet, if a user could hide it and forget about it there wouldn't be any reason for it to bother them.

I think the reverse: Keybase should be aiming for a minimal feature set and allow for extending it.

If people want to mess with cryptobullshit, that's on them, but the more code that's active and doing stuff, the wider the attack surface is. I don't want it and don't need it.

Re: Keybase is now supported by the Stellar Development Foundation

#163

Earlier quoted context omitted.

I've been convinced by Mazières and the Stellar team As someone who's been in the cryptocurrency space for a long time I can guarantee you got swindled. Countless investors I have seen move to centralized "blockchains" due to buzzword powerpoint presentations and floating_nodes.jpg bootstrap landing pages. This is no different than what current financial institutions do other than a new UI.

I don’t understand this comment. It doesn’t seem to address any of the key technical points behind the Stellar project as it is actively used today, but instead tries to imply that the foundation is some group of fly-by-night scammers that have won over keybase by nothing more than a twinkle in their eye. My impression was that Lumens seemed to be solving one of the legitimate problems of the world—the inefficiency o…

  the foundation is some group of fly-by-night scammers
Never said that. There are plenty of institutionalized and heavily trusted ventures on wall street that rake in billions and buy their way to the top.

This was my implication. I have known 'Stellar' since its beginnings as Ripple. I have no expectations of changing your mind or obligation to convince you otherwise. Just thought I'd share my viewpoint.

Re: Keybase is now supported by the Stellar Development Foundation

#164

Earlier quoted context omitted.

I've been convinced by Mazières and the Stellar team As someone who's been in the cryptocurrency space for a long time I can guarantee you got swindled. Countless investors I have seen move to centralized "blockchains" due to buzzword powerpoint presentations and floating_nodes.jpg bootstrap landing pages. This is no different than what current financial institutions do other than a new UI.

Are you saying this after having read up on Stellar[1] in particular or is anything other than "full" decentralization a deal breaker for you? I think Stellar's model if Internet-style (as in the backbone network infrastructure) organic, federated trust relationships is the most practical and viable approach to decentralization that I have seen. Organizations decide who to trust based on their relationships with them…

I have known 'Stellar' since its beginnings as Ripple. I have no expectations of changing your mind or obligation to convince you otherwise. Just thought I'd share my viewpoint.

Re: Keybase is now supported by the Stellar Development Foundation

#165
post #12

Blog author from Keybase here. Always game for a Hacker News discussion! There's a subtle point I cut from my post for simplicity reasons, but which feels perfect for HN. I've been convinced by Mazières and the Stellar team that the classic "blockchain" works great for native tokens but is extremely dangerous for anything with counterparty redemption. For example, imagine the shitshow after a truly contentious fork,…

Why won't keybase address requests for Monero?

I was wondering the same, why not add more options, just make it easy for people to get paid by whatever they want. Its also possible to simply just put a .txt on your public shared library and you can always list everything and anything you want there. Its just nice to see all that nice verification in the public profile nice and easy to see for everyone else.

Re: Keybase is now supported by the Stellar Development Foundation

#166

Blog author from Keybase here. Always game for a Hacker News discussion! There's a subtle point I cut from my post for simplicity reasons, but which feels perfect for HN. I've been convinced by Mazières and the Stellar team that the classic "blockchain" works great for native tokens but is extremely dangerous for anything with counterparty redemption. For example, imagine the shitshow after a truly contentious fork,…

I've been convinced by Mazières and the Stellar team As someone who's been in the cryptocurrency space for a long time I can guarantee you got swindled. Countless investors I have seen move to centralized "blockchains" due to buzzword powerpoint presentations and floating_nodes.jpg bootstrap landing pages. This is no different than what current financial institutions do other than a new UI.

While I generally agree, there is a difference between what bankers are doing atm with their ledgers and SOME projects in the private permissioned ledgers space. The difference is that they are not Byzantine fault tolerant, and distributed. If even just between each other, so there isn't the sort of robustness that you would have otherwise. It reduces a lot of overhead they have atm, with their ACH system. Which works, but it is not perfect.

An analogy I can be able to give, is banking is double entry book keeping. DLT's are triple entry book keeping, there is simply many things that their current ledger entries can't do. DLT allows their money to become commodity money, there is also a bunch of contracts that can be added on top of that. So main thing is banks could be able to potentially offer many more services than just verifying payments, at a much lower cost reducing the amount of employees they need. Make more offices or w/e else bankers do lol.

Re: Keybase is now supported by the Stellar Development Foundation

#167
post #49
post #45

Earlier quoted context omitted.

Maybe it would be helpful to consider what it means to have a crypto wallet (because that's the likely endpoint here, otherwise why would they have to partner with Stellar?) on production servers. Consider explaining to a client that, no, it's totally fine, it doesn't do anything. I promise. Doable, I'll grant you. Consider explaining that to an auditor . No, nobody can ever compromise this, nobody could use this for…

If this is really a huge deal for you, it sounds like you're just not the target audience. I'm a keybase user and I think this is really cool.

Yeah, main thing is that part can be easily taken out for those who do not want it. Should not be an issue at all imho.

Re: Keybase is now supported by the Stellar Development Foundation

#168
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…

Rofl, I definitely share some of the sentiments you have regarding crypto is a scammers paradise. That is pretty much due to ICO's imho. What you might want to do, if you do use this in production servers, and I am sure the keybase team will add the option not to use it, it is open source. So you can easily simply remove that, I know that creates a bit of work and will therefore make it harder. I am just saying if this is being used in something that you find as useful, than the extra effort is definitely worth it. There simply isn't a tool like Keybase out there anyway. They literally solved the WOT issues related to PGP, and now they are adding some extra features which can potentially lead to other use cases. There are always upsides and downsides to anything. Imho, the upsides here might be justified, given the unique position that keybase is in.

Re: Keybase is now supported by the Stellar Development Foundation

#169
post #30

Earlier quoted context omitted.

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…

If you are so allergic to cryptocurrency, why didn't it bother you when Keybase started writing their root into the Bitcoin blockchain ( https://keybase.io/docs/server_security/merkle_root_in_bitco... )? There are obviously annoying ways in which keybase could support cryptocurrency, but you are making a lot of assumptions about what Keybase is going to do that are not based on the blog post. For example, wallets do…

Thou art too wise sir. I guess we all have to do is to first wait and see how the implementation is done.

Re: Keybase is now supported by the Stellar Development Foundation

#170
post #49

Earlier quoted context omitted.

If this is really a huge deal for you, it sounds like you're just not the target audience. I'm a keybase user and I think this is really cool.

Yeah, main thing is that part can be easily taken out for those who do not want it. Should not be an issue at all imho.

If it were aboveboard, it would be opt-in, not opt-out, yeah?
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