EFTA02472539.pdf

From: jeffrey E. <[email protected]> Sent: Wednesday, February 3, 2016 6:08 PM To: Svet Subject: Fwd: Forwarded messag= From: Cep =Heil 6enanoa On Wed, Feb 3, 2016 at 7:06 AM, Cepr =85i1 6enAKOs <=a href=" get="_blank" rote: is it poss=ble to meet with him? 2016-01-30 17:08 GMT+03:00 Jeffrey E. <[email protected]=>: For you alone ar> Forwarded message From: Vincenzo lozzo & Date: Saturday, 30 lanu Subject: To: "jef=rey E." <[email protected] <mailto:[email protected]» It's =ard to tell w/o proper code/documentation (couldn't find much online).=ln general the four things are: 1) the devi= is in the details, meaning that even if in theory it's all solid the =mplementation might have bugs. There's no definitive technical solutio= for that though 2) anything that is "=ustom" (eg: they have a custom wifi protocol) is a red flag because i= 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 EFTA_R1_01584556 EFTA02472539 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 8) realistically nobody is going to attack them until they beco=e significant enough from a financial standpoint. This gives them time to =ork on A. That said they should avoid making enemies (the "disgruntle=" hacker type) Hope this is useful, if=you get more stuff from them I'm happy to look into it more. Also if y=u do invest I can help them with (A) if needed. =div>It's a very dumb platitude but "security is a process" i= true. Unrelated: checkout edge.org <http:=/edge.org> , I think you'll like it. There's a short video with Minsky that is absolutely fantastic=C2 Sent from my (phone On Ja= 30, 2016, at 11:26, jeffrey E. <[email protected]> wrote= (https://mycelium.=om/phone/index.html). what are its weak points? =AO please note The information contained in this commu=ication is confidential, may be attorney-client privileged, may cons=itute inside information, and is intended only for the use of the addre=see. It is the property of JEE Unauthorized use, disclosure or copyi=g of this communication or any part thereof is strictly prohibited a=d may be unlawful. If you have received this communication in error, pl=ase notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof,=br>including all attachments. copyright -all rights reserved =C2 please note The information containe= in this communication is confidential, may be attorney-client privileg=d, may constitute inside information, and is intended only for 2 EFTA_R1_01584557 EFTA02472540  the u=e of the addressee. It is the property of JEE Unauthorized use, disc=osure or copying of this communication or any part thereof is strictly =rohibited and may be unlawful. If you have received this communicati=n in error, please notify us immediately by return e-mail or by e-mail =o jeevacation@g=ail.com <[email protected]> , and destroy this communication and all copies thereof, =ncluding all attachments. copyright -all rights reserved C yiatameii=DO em, C.Eemucos =C2 please note The informat=on contained in this communication is confidential, may be attorney-cli=nt privileged, may constitute inside information, and is intended only =or the use of the addressee. It is the property of JEE Unauthoriz=d use, disclosure or copying of this communication or any part thereof =s strictly prohibited and may be unlawful. If you have received this return e-mail o= by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies =hereof, including all attachments. copyright -all rights reserved C y=DO amemmem, C.6encwos 3 EFTA_R1_01584558 EFTA02472541  please note =he information contained in this communication is confidential, may be =ttorney-client privileged, may constitute inside information, and is in=ended only for the use of the addressee. It is the property of JEEUnauthorized use, disclosure or copying of this communication or any p=rt thereof is strictly prohibited and may be unlawful. If you have rece=ved this communication in error, please notify us immediately by ret=rn e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication an= all copies thereof, including all attachments. copyright -all rights r=served 4 EFTA_R1_01584559 EFTA02472542