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The emerging cryptocurrency phenom: A security problem for 2p2 The emerging cryptocurrency phenom: A security problem for 2p2

02-07-2018 , 11:34 AM
I should have brought this up earlier but I didn't think it would be understood or addressed (or seen by those that might understand the significance), and crypto dialogue has grown a lot even since then. In hindsight I probably should have brought it to the attention of the mods and admins immediately upon Coinpoker's ico.

Coinpoker is just an example but its a good one. In order to buy coinpoker chips you had to buy ethereum. And in order validate your account you had to make a payment with their token CHPs (which also requires etheruem which is used as a fee).

If you aren't familiar with crypto then you will probably perfectly sympathize with the many players that came to the coinpoker thread to ask for support. Many “investors” were crypto newbies which is great. Myself and another posters helped a few people that were quite distressed and it seemed to go ok.

But with crypto there are a lot of exploitable security risks and therefore there are many related scams. In the coinpoker telegram chat there were many complaints that arose because a fake admin was pm'ing posters offering private help, and all they had to do was convince their victim to give their private key up and then any money they had in their wallets was instantly stolen in an irrevocable fashion.

I DID post in the coinpoker 2p2 thread asap to NEVER give your private key to anyone, and the other poster that helped was seeming reputable and did too. Nonetheless without a specific noobie stickied thread explaining these kinds of scams and how to protect yourself, this forum is at a new risk.

And of course those familiar with the emerging crypto threads, understand they are arising in different sections of the forum. So in order to be effective such a security sticky would need to be in multiple sections or these threads will need to be gathered into their own section.

You can't really just put it in the internet poker section because there is a lot talk in the economic sub forum for example. If you moved the crypto related poker site threads to the economic sub, that might be solution to, except the mods there are quite ignorant to the subject of crypto.

So I really think it would be a security leak for 2p2 to not have a dialogue on how to organize this, and it should probably be dealt with asap.

Cheers.

Edit: also I might go around and grab a few knowledgeable respected members, because much like the problem I outline, they might not see this post otherwise, to be able to endorse and contribute to it.

Another relevant point is that, other than a sticky of warnings and general education, you would want a thread in which the help given is public. That way you have someone offer help and then it goes private, and then someone gets bad advice and loses their equity. Rather you would the propriety of the community to get together and offer advice in a public manner so it is scrutinized and therefore good.

I think of this as a built it and it come thing. Securing 2p2 in this manner will bring great wealth to it through the crypto world. Many investors in these crypto poker project are new to poker but they don't have much other use for their new found wealth

Also there is a growing discrepancy in the types of posters and posts being made in the economics (bfi) sub and a distaste by the mods for new crypto posts. But they are relevant distinctions and valuable to the community to make these threads.

At first there was just bitcoin. And when ethereum arose there became people interested in one or the other and so you really needed to threads otherwise you have two distinct groups. And now there are altcoin's and so they have their own thread.

I think we need a beginners thread. And you might want a traders thread that is situated around the crypto threads so the crypto players can oversee it.

And for efficiency and security you also obviously should want mods that know about and are experienced with crypto (btw I am not endorsing myself, I would refuse a position of power )

I think now is not the time to stifle the growth of this. The new ico's are going to be valuable to the community and it would be nice to have a well organized section in which 2p2 regulars that are newbie to crypto could come to ask question and learn and observe. You also want it organized before it blows up too much...which it is.

Last edited by Mike Haven; 02-09-2018 at 03:28 AM. Reason: 3 posts merged
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-07-2018 , 01:18 PM
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02-07-2018 , 01:21 PM
Deep, OP, deep
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02-07-2018 , 04:44 PM
OP I guess with "crypto" you mean cryptocurrency? "crypto" encompasses more than that.

Quote:
Originally Posted by Nooseknot
But with crypto there are a lot of exploitable security risks and therefore there are many related scams. In the coinpoker telegram chat there were many complaints that arose because a fake admin was pm'ing posters offering private help, and all they had to do was convince their victim to give their private key up and then any money they had in their wallets was instantly stolen in an irrevocable fashion.
Not saying you don't have a point in general, but the bolded is not really cryptocurrency specific. E.g. if you give away your Swiss bank account number, anyone can travel to Zurich and take your money. Not giving away your passwords, private keys etc. is pretty much Internet 101.
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-07-2018 , 09:37 PM
Crypto(currency) is very popular with poker players so I think it needs its own section, with stickies that have all the info for people to protect their wallets etc. I agree with the OP.

I also agree with the idea that any help offered should be public. I was helping a few guys with CoinPoker because they were stuck and I was happy to have it public so they couldn't accuse me (or I them) of anything nefarious later.
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-08-2018 , 03:00 PM
Quote:
Originally Posted by Morphismus
OP I guess with "crypto" you mean cryptocurrency? "crypto" encompasses more than that.



Not saying you don't have a point in general, but the bolded is not really cryptocurrency specific. E.g. if you give away your Swiss bank account number, anyone can travel to Zurich and take your money. Not giving away your passwords, private keys etc. is pretty much Internet 101.
The difference is there is a sort of gold rush and newbies are rushing on masse into the crypto currency revolution. I know for a fact many people are getting scammed and many new vectors for scams are opening up. 2p2 is a prime target.

(and yes if I could edit the title I would add currency)
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-14-2018 , 12:45 PM
Quote:
Originally Posted by Nooseknot
I should have brought this up earlier but I didn't think it would be understood or addressed (or seen by those that might understand the significance), and crypto dialogue has grown a lot even since then. In hindsight I probably should have brought it to the attention of the mods and admins immediately upon Coinpoker's ico....

I think now is not the time to stifle the growth of this. The new ico's are going to be valuable to the community and it would be nice to have a well organized section in which 2p2 regulars that are newbie to crypto could come to ask question and learn and observe. You also want it organized before it blows up too much...which it is.
I think this is not a 2+2 issue, it seems a Coinpoker issue or any ICO sponsor issue.

Security for the "buy" process of an ICO, including cautions about fraud/traps, should be placed on the issuers/sellers list of responsibilities.
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-16-2018 , 02:20 AM
Quote:
Originally Posted by Gzesh
I think this is not a 2+2 issue, it seems a Coinpoker issue or any ICO sponsor issue.

Security for the "buy" process of an ICO, including cautions about fraud/traps, should be placed on the issuers/sellers list of responsibilities.
Regardless of who's responsible 2p2 becomes a prime target for scammers and scams.
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02-16-2018 , 11:28 AM
it looks like we will be opening a new crptocurrency forum in the near future.
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-16-2018 , 11:38 AM
Quote:
Originally Posted by Mat Sklansky
it looks like we will be opening a new crptocurrency forum in the near future.
Good decision.
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-16-2018 , 11:41 AM
The idea that crypto guys need a big sticky telling them not to give access to their finances to anonymous people on the internet says a lot of things about the crypto economy.
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-16-2018 , 11:48 AM
Quote:
Originally Posted by Trolly McTrollson
The idea that crypto guys need a big sticky telling them not to give access to their finances to anonymous people on the internet says a lot of things about the crypto economy.
The easiest people to scam are the people after easy money.
The emerging cryptocurrency phenom: A security problem for 2p2 Quote
02-16-2018 , 11:56 AM
Quote:
Originally Posted by Trolly McTrollson
The idea that crypto guys need a big sticky telling them not to give access to their finances to anonymous people on the internet says a lot of things about the crypto economy.
That is a much too simplistic way to look at it. People can be scammed by not simply "giving people access to their finances", they can be scammed by not understanding crypto transactions properly and giving too much info to the scammer. There is a learning curve for everyone that is new to crypto so a sticky with an easy explanation of terms and warnings of what not to do can only be good for the 2+2 community.

Although, if it makes you feel better to consider them morons, go ahead.
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