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Stellar account with more than one million stellars

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Re: Stellar account with more than one million stellars

#61
post #60

Earlier quoted context omitted.

Then how did he come across 300+ individuals willing to sell him their entire account so quickly?

Mechanical Turk, I believe: https://twitter.com/thegdb/status/495656012343300097 . There's a decent exchange rate: more than a dollar per account.

2 thoughts:

1) None of the accounts listed on the Mechanical Turk's HITs are pointing to everettforth

2) None of the accounts referenced in these HITs have a growing balance

Re: Stellar account with more than one million stellars

#62
EverettForth's response: [How I Accumulated 2-Million Stellar in Less Than 24 Hours] https://news.ycombinator.com/item?id=8126282

Everett's response is much appreciated. If I remember correctly, he asked mTurkers to create a Stellar account _without_ an identifiable account name so the transaction couldn't be easily backtracked. Also, he did not use his real name in mTurk and impersonated someone else. Not sure if his actions violated the ToS.

It was right for Everett to have come forward and disclose his means. His suggestions to improve the system are excellent. It will improve the Stellar system for everyone involved. Nevertheless, I believe that he should donate his balance to a charity. It will be an honorable thing to do.

Sandro

Re: Stellar account with more than one million stellars

#63
post #45

Why did Stellar decide on using Facebook accounts to enforce the one account per person rule, instead of something better like mobile numbers? There are more people with cell phones than there are with Facebook accounts. Acquiring large batches of phone numbers to game the system is harder since it costs money and is more easily detectable. Even if this guy isn't gaming the system with fake Facebook accounts, I'm sur…

Indirectly they are requiring mobile numbers because they require a verified Facebook account which means giving your phone number to Facebook for verification (at least for me, could be different for other countries).

Re: Stellar account with more than one million stellars

#64
post #56
post #53

Stellar itself seems to be scamming people: "50% of the total will be distributed to people who sign up for an account." Once you sign up for an account, you find out that you only receive stellars if you log in with Facebook ... if you want to build trust, you should be more transparent. You also need some way of including users who don't have Facebook (and/or Google) accounts.

Yeah, the plan is definitely to expand beyond Facebook in the medium term. It was just the fastest (though an imperfect) way of getting started and getting stellars into the hands of as many people as possible, as quickly as possible. See also https://www.stellar.org/faq/#_Why_do_I_need_to_authenticate_... .

So when do you plan on doing this? I signed up in the hopes of receiving a distribution only to find I needed an aged Facebook account to claim it.
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