Telegram plans multi-billion dollar ICO for chat cryptocurrency • Hacker News Board

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#141

Post by tryptophan » Tue, Jan 09, 2018, 2:36 AM UTC

zeveb wrote: post #92

cantrip wrote: post #62

This is a disaster, as it will likely succeed and in doing so make the entire world less secure. Telegram is not a secure messaging platform, despite marketing themselves as such. Signal has built a simple, seamless, and beautiful messaging platform whose security is based on solid cryptography, not marketing, bug contests, or chasing the latest tech fad.

> Signal has built a simple, seamless, and beautiful messaging platform whose security is based on solid cryptography, not marketing, bug contests, or chasing the latest tech fad. I love Signal, but it really could use non-phone-number identifiers (this could be easily implemented e.g. with tel: & mailto: URLs) and federation. One place where Signal falls down is visible with the recent Haven app[0], which uses the S…

Matrix/Riot.im seems to meet your requirements. Best(open source) messaging protocol I've found so far.

https://matrix.org/

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#142

Post by eitland » Tue, Jan 09, 2018, 6:32 AM UTC

__john wrote: post #49

Snackchez wrote: post #29

Earlier quoted context omitted.

I might be wrong, but no one other than banks (if that) can use ripple. I'm not clear on stellar.

nah, anyone can buy Ripple and have a Ripple wallet. Only thing you can't do is mine Ripple.

AFAIK Ripple is pre-mined ("minted") and the creator(s) controls >50% of it.

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#143

Post by eitland » Tue, Jan 09, 2018, 6:38 AM UTC

samat wrote: post #75

donquichotte wrote: post #23

Earlier quoted context omitted.

Strange decision indeed, they could use one of the existing technologies like Ripple or Stellar.

We are talking about people who rolled their own crypto and their own binary protocol for messenger app in 201*, after all.

So far they've even got away with it.

I don't pretend it is secure and listening to HN I've been halfway expecting a huge flaw to show up but so far, -nothing.

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#144

Post by Vinnl » Tue, Jan 09, 2018, 9:22 AM UTC

45h34jh53k4j wrote: post #105

miaklesp wrote: post #79

Earlier quoted context omitted.

Any less biased source?

Moxie might have his own horse in the race, but his analysis of cryptosystems should not be questioned. His philosophy is around humans being able to access strong encryption. I believe he ultimately doesn't care what you use, as long as your communications are secure.

And to illustrate that, he worked with Facebook to add Signal's encryption to WhatsApp (and Google to Allo).

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#145

Post by PhilipDaineko » Tue, Jan 09, 2018, 11:52 AM UTC

sAbakumoff wrote: post #114

I heard of an interesting conspiracy theory that Telegram & Mr. Durov are the grandiose project of the Russian secret service. Mr. Durov's company VKontakte that is the clone of Facebook in Russia is now fully controlled by structures affiliated to Kremlin after Mr. Durov was allowed to sell the company and leave Russia. The theory says that he was allowed to do so in exchange of building fully controlled global IM w…

This can be true, since KGB has a track record of creating underground organizations to be able to lead and control anti-soviet movements. For example, in 1921 they created "Monarchical Organization of Russia" to gather all anti-soviet agents around it and hence were able to control all European communist opposition at that time.

This is described in a book "KGB: The Inside Story of Its Foreign Operations from Lenin to Gorbachev" by https://en.wikipedia.org/wiki/Oleg_Gordievsky, a former KGB officer.