Kidnappings; are we ready?

Crypto KYC personalities have always suffered the risk of this kind of violence… its cause unlike with bank accounts or credit cards, once the transfer happens on chain theres no way to revoke it, and theres usually no means of getting insurance reimbursement. FAFO as they say, if you fuck around being a prominent KYC in crypto then your opsec better be grade AAA and still better always be on the lookout for shady people around you.

Absolutely.

I think as stakeholders, although a thankless job given how devs are treating us, it is in our common interest that nothing bad happens to them.

The most reliable way forward would be to have anon devs. Technically current devs could discretely go dark and come back under a pseudonym, and that would already be an improvement. Progressively devs that never wanted to join given the KYC requirement (many dev are rightfully scared after the Tornado Cash mess), may want to join us given the opportunity to work without disclosing their legal identity.

There’s one fat thing in the way of that though: currently payments from the dev fund are only delivered to KYC’d people. That’s really why everybody is KYC’d in here. @aquietinvestor do you see this as a problem as well and if yes, do you see how this could be addressed over time?

With the ZCG program now administered by FPF, grantees are eligible to receive funding of up to $50,000 without completing KYC. ZecHub also manages a small, ZCG-funded bounty program for various education and community initiatives that does not require KYC. We need more programs like this and more non-US entities.

7 Likes

Thanks a lot for your answer @aquietinvestor

I would like to follow this trend closely to see if our efforts slowly increase the share of spending going towards non-KYC’d people. Is this data available somewhere?

I like the idea of developers and leaders being anonymous, this could create a mythical air, just like it was with Satoshi. Different nicknames and so that the general public, when they see them at an event, see people masked like Slipknot.

I thought about it better, I think the idea of wearing a mask would make a mockery of zcash. But I like the idea of anonymity for developers and leaders.

1 Like
3 Likes

Single T-address only in Zashi is going to get someone wrench attacked. Even if they shield it afterwards. If people are withdrawing from exchanges and receiving from others to the same T-address they are just asking to become a target.

1 Like

Nice! Thanks to CNBC, maybe some people on this forum will get to understand why it’s not always so easy to restore passphrases when funds are locked on a hardware device.