The idea of having verification (KYC) so that there are only single accounts, in my opinion is a good thing, even though it is intrusive on identity or goes against the Hive's ideas of freedom, we should think about the following:
What would be worse? A person with 10 fake accounts gaining resources and farming in the hive, or an intrusive process in which you are only able to receive payments if you can actually prove that you are you and do not have any other account like yours?
These are interesting questions to think about, considering that large Hive projects (I'm more familiar with games) like Splinterlands, Golem Overlord and Rising Star don't allow bots or alt accounts.
Just like the author of the week votes: what if a person has 10 accounts and all 10 vote for him if he is participating? How can we validate this or justify this?
Anyway, I am 100% aligned with Hive and I am happy that we are still here firm and strong, while the "Hive Killers" cannot maintain themselves. Hive is the future!
KYC is a great thing: until you actually try to do it.
Crypto is attempting to create sovereign self-governing systems.
If we rely on the authority of outside entities like governments to enforce KYC.
Then a lot of what we are building here becomes worthless.
KYC is just a reputation system like any other reputation system.
We just need better reputation systems to replace traditional KYC.
If it can be KYC’d, it’s centralised. Use immutable, non KYC’able algo stable coins to pay and distribute (inject) value via a stakeholder incentivised distribution model known as proof of brain
Then again @edicted and @starkerz are KYCed.
No one questions the reputations of these accounts.
The situation is weirdly nuanced, but of course we've already had such conversations.
I imagine we'll keep having them as well.
Of course, looking at it this way, KYC is really complicated, at a time when you want a network where its users are autonomous and it makes perfect sense not to have verification.
Of course, the equation is complicated, as this opens doors for those people who we know have questionable character. I believe that one day we will be able to resolve this detail in the best possible way.
Yeah I think you're right.
Cheers!
I also like the idea of KYC verification, I think it would eliminate a lot of "foul play". On the other hand, it would take away some of the anonymity of those who prefer this. Especially those who have great assets and would like to preserve their identity. But ultimately, it's a valid idea.
Without further ado, long live Hive!
I dont know the platform at all since I never signed up for it but it seems the KYC failed on there. Perhaps it was a poorly designed application, I have no idea.
I understand, I honestly had never heard of it either, but when I entered the page I saw that new registrations were stopped, so something very wrong happened.
I agree that KYC would go against the Hive ecosystem's ideas of autonomy, but the issue of alt accounts is only of concern sometimes, but that's a story for another time.
There is no reason why an application could not set up something like that up itself and be tied to Hive. Those building at that level are free to do what they want.
They do not have to give access to all to their application.
Sorry for the delay, I hadn't seen this answer.
So there is a possibility of adding additional security and that is very good. I believe there are many ideas to improve what is already good.