It could potentially be widely adopted, but the for-profit nature of their "business plans" could hamper adoption significantly, and there is little technical information regarding security.
cashport enables: "giving you access to their personal information and funds". This is a powerful concept and one that is missing bitcoin, and is established in traditional finance.
The interview went well, though I think I should've let more light in. I didn't know during recording how dark it would come out.
How can I transfer out my #BCH from Memo?
Go to account (top right corner), choose to export your key, then import it into a wallet.
The one where Tone Vays gets REKT
Tomorrow I will be interviewed by the BCH Boys () about CashID.
I'll do my best. Being interviewed for the BCH Boys tomorrow:
This validates the idea that a good protocol should be value agnostic in terms of politics: what data to share, when to share and how to use isn't something a protocol should dictate, but users.
The other "big" usecase seems to be the simplifications for everyday life that emerges when all your cards, keys and codes merge together to form a conventient single-system auth.
From it, I've learned that demand for easy to use identification, in particular when tied to national identities, is something companies sees as valuable today.
I've now visited a first meetup to talk about CashID. The presentation lasted for 26 minutes (out of 30 planned), and a very engaged discussion emerged afterwards that lasted for ~40 minutes.
For now yes. We plan to use multiple keys that can recover ID from compromise. The funds would still be lost though.
https://github.com/memocash/mips/blob/master/mip-0003/mip-0003.md
If the parent key was never used for memo, and the memo.cash website itself generated child keys, then at configurable threshold sent to parent keys, you could minimize risk.
Well, at least we know what is going on. So, your memo $BCH is as secure as your browser. Lose the browser, lose the funds. The more browsers, the bigger the security risk. Right?
Security risk: my Memo pass is stored in plain text in the browser. Please ENCRYPT local storage and hold the plain text only in SESSION storage (and provide public mode where there's no plaintext).
As blake said this has been brought up and is fairly standard practice. We are changing our stance on this though and will be removing plaintext passwords from local storage soon. Ty.
How Blockchains Work: Demo in De-Central Park
Lambo Llama and CryptoCodey joined me in Central park at a picnic to explain to people how blockchains work
In the coming month, I will be visiting local meetups in Gothenburg, Hamburg and Paris, and possible Amsterdam/The Hague to talk about CashID.
As in, that you can't withdraw your money? Because that's why I'm limiting how much I put into my memo wallet. It can only be used in memo right now.
I can control how much money I put at risk, but I cannot control how much of my identity and reputation to stake.
Memo is simple and functional, but not especially pretty. What if we crowdfunded a professional website and branding overhaul? A visually appealing site + mobile app would bring in users. Thoughts?
Skin support so users can choose would be good, but to me a more pressing issue is that memo holds my private keys. Delegated child keys is in the works, though.
I will be attending a local meetup in Gothenburg, Sweden this wednesday to talk about CashID. In the unlikely case there's a swedishtalking person here who wants to come, let me know.
Keep building. My comment was more of an internel questioning of the reasons why it's in a slow period.
Uncensorable distributed speech is valuable in itself - right?
The concern about privacy is also valuable.
Crypto market is down, BCH is down, lots of crypto app activity is down. Memo activity may be low but I look at this as a slow period for building before the rush comes, hopefully :)
Keep building. My comment was more of an internel questioning of the reasons why it's in a slow period.
Uncensorable distributed speech is valuable in itself - right?
how many people have you brought on?
One - myself.
Is memo struggling to build network effect?
