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From: Sent: To: Subject: For you alone jeffrey E. <[email protected]> Saturday, January 30, 2016 2:08 PM 6eris K0B Cepreii Fwd: Forwarded messa e ------ =--- From: Vincenzo lozzo Date: Saturday, 30 January 2016 Subject= To: "jeffrey E." <[email protected] <mailto:[email protected]=» It's=hard to tell w/o proper code/documentation (couldn't find much online)= In general the four things are: 1) the dev=l is in the details, meaning that even if in theory it's all solid the=implementation might have bugs. There's no definitive technical soluti=n for that though 2) anything that is "=custom" (eg: they have a custom wifi protocol) is a red flag because =t means that it hasn't been properly vetted and might be broken/buggy=C2* 3) there aren't enough details online t= tell but it seems to me that to speed up the blockchain verification they=partially centralize the network by using their own "supernodes"=(essentially the wallets talk to the supernodes vs the actual blockchain).=The security of those servers seems key to me and they gloss over it onlin= 4) the mesh network implementation is completely=up in the air (judging from what's public) and it could go horribly wr=ng. So that needs further verification Also=(5), in general the disadvantage of distributed /open things is that it is=a lot easier to steal money vs a closed network (like swift). Are you looking to invest into this thing? If so , I'=d suggest a few things: A) because problem =1) above is not completely solvable, they need to have a plan. Part =f it is technical (do continuous code auditing, pentesting, on board prope= crypto people, etc), the other part is legal/financial and pr. Specifical=y they should have some kind of insurance and they should have a pr disast=r recovery plan. A big disadvantage of decentralized system is that you do='t have anybody to trust and you don't have a closed network that =an make stealing money hard, they need to address that B) re

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Independent research project. Not affiliated with the U.S. Department of Justice, FBI, any government agency, or Anthropic. All analytical text on this site is AI-generated (Claude, Anthropic) and iteratively fact-checked against source documents, but may contain errors. Verify all claims against linked EFTA sources before citing.
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