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Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 89. (Read 506425 times)

donator
Activity: 2772
Merit: 1019
It doesn't bother anyone that people in California and Australia are claiming the coins? Or that the ID number isn't only for Icelandic people? Or that there is an easily accessible database of 70,000 numbers that were hacked (i.e. I could probably go claim some coins right now. Actually....)...no doubt there is some widespread fraud here.

As far as I understood the process, first you input your Kennitala (and here anyone could copy/paste one) but then you need to confirm your ID by means of:

-Facebook account, must be preexisting to Airdrop
-SMS received on a icelandic phone


So I don't think fraud is as simple as you make it out to be

If it's true that most claims are not fraudulent then AuroraCoin is already a HUGE SUCCESS. Well over 1% of the population have claimed coins. That's above any kind of adoption rate we've seen so far, no?

Congratulations are in order for balduro (given the claims are real). Thank you, man, for pulling this off. Well done.

EDIT: Let's hope the fork works as intended... those block-times are unbearable.
member
Activity: 98
Merit: 10
So as I understand it - claims are checked via a name and SSN from a public repository then authed with FB?

What prevents someone from picking out random combos of SSN+Name from the public repo then creating associated FB accounts with them?
If the person exists, try again with a different person.

I'm positive not 100% of Icelanders have facebook so there are probably lots of opportunities here. Likewise, how is an icelander supposed to claim their coins if they DON'T have facebook?

If you read the forum, you'd know FB accounts have to be older than the airdrop.

And that people without FB can use SMS
member
Activity: 98
Merit: 10
It doesn't bother anyone that people in California and Australia are claiming the coins? Or that the ID number isn't only for Icelandic people? Or that there is an easily accessible database of 70,000 numbers that were hacked (i.e. I could probably go claim some coins right now. Actually....)...no doubt there is some widespread fraud here.

As far as I understood the process, first you input your Kennitala (and here anyone could copy/paste one) but then you need to confirm your ID by means of:

-Facebook account, must be preexisting to Airdrop
-SMS received on a icelandic phone


So I don't think fraud is as simple as you make it out to be
donator
Activity: 2772
Merit: 1019
Just posted this on the auroracoin facebook page:

Coins... currency, are social entities: They exist inside the web that is formed by humans and their relationships: work, debt, love, family, country county, taxes... etc. The "maturity" of a currency is attained through time as the relationships enumerated above start using channels, conduits. As such, the speed of adoption or repudiation of a currency is entirely dependent on the evolution of these relational webs, their utility as reservoirs of shared "trust/distrust". if the algorithm that facilitates the cripto revolution is sturdy, social webs will evolve and adapt to the transactional opportunities afforded by the "public ledger" of the criptocoins...
But to expect that this evolution will happen overnight is to not understand how social webs evolve over time to adapt to new inputs; It is to be expected that Aur, -as BTC-. will go through plateau phases of valuation at the same time that an environment of con artists, merchants, speculators etc. will emerge to try to take advantage of the gullible or of those that have no patience or time or are in dire need of a few Krona.
The experiment has started.
The crucial element now, besides the distribution mechanism is the speed of adoption of the cripto as a transactional entity in this specific case of Iceland, but it also applies to all criptos.
BTC is further down the road of maturity for the simple reason of its longevity (5 years since 10,000btc bought one pizza)... The "Character" of the icelandic community will be reflected on the gyrations of Aur. Good luck!

https://www.facebook.com/groups/AuroraCoin/


I agree and love the expression "cripto".

One remark: Bitcoin might be further along, but AuroraCoin might overtake it because of the specifics of the community it targets.
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
Here, another clone of AURORA: BitLeu (aka BTL)

Now BTL on the market !

https://bittrex.com  is the 1st exchange where you can trade BTL !
donator
Activity: 2772
Merit: 1019
AUR can be a success if merchants learn how to accept it as payment before consumers learn how to dump the coins on exchanges.

The clock is ticking.

In other news.. AUR has disappeared off CMC?

..aaand it's gone.

Just stale datapoints, since the block explorer is down.

These slow blocks get a lot of transactions, looks like auroracoind gets jammed when there are enought of them.. I have to reset auroracoind every now and then..

Trying to keep this running:
http://auroraexplorer.atorox.net/chain/AuroraCoin


I've been having massive problems with bitcoin-abe. ([Broken Pipe]). I think it's related to mempool transactions (we've got many of these building up because we're finding no blocks)

Reset of abe database hasn't helped. Having auroracoind reload the blockchain helped.

Don't know what to make of it, asked in bitcoin-abe thread.
hero member
Activity: 966
Merit: 1003
I'm positive not 100% of Icelanders have facebook so there are probably lots of opportunities here. Likewise, how is an icelander supposed to claim their coins if they DON'T have facebook?

They get an SMS with a PIN number.
member
Activity: 90
Merit: 10
So as I understand it - claims are checked via a name and SSN from a public repository then authed with FB?

What prevents someone from picking out random combos of SSN+Name from the public repo then creating associated FB accounts with them?
If the person exists, try again with a different person.

I'm positive not 100% of Icelanders have facebook so there are probably lots of opportunities here. Likewise, how is an icelander supposed to claim their coins if they DON'T have facebook?
member
Activity: 73
Merit: 10
The link between your name and your kennitala is publicly accessible.
The þjóðskrá, or national registry, is still public. Well, not completely public -- but anyone with Internet access to their Icelandic bank account, which means the majority of Icelandic adults, can search the þjóðskrá on the Internet. The search feature works in two ways. You can find the kennitala that corresponds to any person’s name, or the name that corresponds to any kennitala. The results pages also list the street address of the person involved.
--
Wish the site was working for me --- does anyone know if it asks for anything more than a number / name / address? Cause then anyone with access to the database can just keep downloading coins to different wallets. Maybe that's why the site isn't working...
full member
Activity: 144
Merit: 100
Just posted this on the auroracoin facebook page:

Coins... currency, are social entities: They exist inside the web that is formed by humans and their relationships: work, debt, love, family, country county, taxes... etc. The "maturity" of a currency is attained through time as the relationships enumerated above start using channels, conduits. As such, the speed of adoption or repudiation of a currency is entirely dependent on the evolution of these relational webs, their utility as reservoirs of shared "trust/distrust". if the algorithm that facilitates the cripto revolution is sturdy, social webs will evolve and adapt to the transactional opportunities afforded by the "public ledger" of the criptocoins...
But to expect that this evolution will happen overnight is to not understand how social webs evolve over time to adapt to new inputs; It is to be expected that Aur, -as BTC-. will go through plateau phases of valuation at the same time that an environment of con artists, merchants, speculators etc. will emerge to try to take advantage of the gullible or of those that have no patience or time or are in dire need of a few Krona.
The experiment has started.
The crucial element now, besides the distribution mechanism is the speed of adoption of the cripto as a transactional entity in this specific case of Iceland, but it also applies to all criptos.
BTC is further down the road of maturity for the simple reason of its longevity (5 years since 10,000btc bought one pizza)... The "Character" of the icelandic community will be reflected on the gyrations of Aur. Good luck!

https://www.facebook.com/groups/AuroraCoin/
sr. member
Activity: 477
Merit: 500
AUR can be a success if merchants learn how to accept it as payment before consumers learn how to dump the coins on exchanges.

The clock is ticking.

In other news.. AUR has disappeared off CMC?

..aaand it's gone.

Just stale datapoints, since the block explorer is down.

These slow blocks get a lot of transactions, looks like auroracoind gets jammed when there are enought of them.. I have to reset auroracoind every now and then..

Trying to keep this running:
http://auroraexplorer.atorox.net/chain/AuroraCoin
hero member
Activity: 658
Merit: 534
Successfully dumped my whopping 8 coins before the dump, @ 0.022  Cool

LOL. I had 15 and also dumped at that price. *high five* won't be coming back this coin... ever.
member
Activity: 84
Merit: 10
There's a reason the kennitala isn't used for authentication purposes...it is public information.

Now i get what you are trying to say! I'm laughing my ass of right now! XD
member
Activity: 73
Merit: 10
There's a reason the kennitala isn't used for authentication purposes...it is public information.
member
Activity: 73
Merit: 10
(i.e. I could probably go claim some coins right now. Actually....)...no doubt there is some widespread fraud here.

Put your AUR where your mouth is and go try it and tell us if it worked

I would, but now the site is down...lol.
full member
Activity: 210
Merit: 100
(i.e. I could probably go claim some coins right now. Actually....)...no doubt there is some widespread fraud here.

Put your AUR where your mouth is and go try it and tell us if it worked
member
Activity: 73
Merit: 10
It doesn't bother anyone that people in California and Australia are claiming the coins? Or that the ID number isn't only for Icelandic people? Or that there is an easily accessible database of 70,000 numbers that were hacked (i.e. I could probably go claim some coins right now. Actually....)...no doubt there is some widespread fraud here.
legendary
Activity: 1146
Merit: 1000
AUR can be a success if merchants learn how to accept it as payment before consumers learn how to dump the coins on exchanges.

The clock is ticking.

In other news.. AUR has disappeared off CMC?

..aaand it's gone.

Just stale datapoints, since the block explorer is down.

All hail our lord and master Balduro!! sieg heil! sieg heil!
member
Activity: 252
Merit: 10
AUR can be a success if merchants learn how to accept it as payment before consumers learn how to dump the coins on exchanges.

The clock is ticking.

In other news.. AUR has disappeared off CMC?

..aaand it's gone.

Just stale datapoints, since the block explorer is down.

yep.. it's on the other page

184    Auroracoin    ?    ?    ? AUR**    ?    ?    
member
Activity: 76
Merit: 10
AUR can be a success if merchants learn how to accept it as payment before consumers learn how to dump the coins on exchanges.

The clock is ticking.

In other news.. AUR has disappeared off CMC?

..aaand it's gone.

Just stale datapoints, since the block explorer is down.
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