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Offline CLains

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Sending to Wrong Name
« on: August 18, 2014, 12:01:14 PM »

So a couple of weeks ago I registered a few misspelled vesions of "btercom" in a stroke of insight as bter take deposits to that address.

At the time I rationalized the squatting-action thinking it would be better for a person of some reputation in this community to take the names,
rather than giving up this insight to people who might try to profit from the mistake of some poor soul and the foolishness of bter judgement.

Well today just now.. Someone actually sent me 100 000 BTSX.

This of course is exactly what I and all the other cold blooded squatters of bter-like account names realized would happen.

Naturally, being the awesome guy that I am I sent it all back :D

tl;dr: I am a vain hero who fights squatters with squatting.

Offline xeroc

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Re: Sending to Wrong Name
« Reply #1 on: August 18, 2014, 12:21:20 PM »
Naturally, being the awesome guy that I am I sent it all back :D
*confirmed* ... awesome guy :)
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Offline Riverhead

Re: Sending to Wrong Name
« Reply #2 on: August 18, 2014, 01:10:47 PM »
YOU ROCK!



Offline tonyk

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Re: Sending to Wrong Name
« Reply #3 on: August 18, 2014, 02:24:45 PM »
So a couple of weeks ago I registered a few misspelled vesions of "btercom" in a stroke of insight as bter take deposits to that address.

At the time I rationalized the squatting-action thinking it would be better for a person of some reputation in this community to take the names,
rather than giving up this insight to people who might try to profit from the mistake of some poor soul and the foolishness of bter judgement.

Well today just now.. Someone actually sent me 100 000 BTSX.

This of course is exactly what I and all the other cold blooded squatters of bter-like account names realized would happen.

Naturally, being the awesome guy that I am I sent it all back :D

tl;dr: I am a vain hero who fights squatters with squatting.

A couple of weeks ago I registered a misspelled version of "bter" also, but my story is longer and is the result of mistakes/faults of several parties (me  being the main one to blame).

If any of you remember bter first published public key and not an address for deposits.
Being the stupid me I try sending to the key, but as one would expect it did not work. So I read the forums and learned that I have to have local account. So, I decided what better name for bter deposit account than 'bter-deposit'. So I chose that. The next thing I tried sending money to this local account - no luck, the client kept changing the name to 'aaaaaaaaaaaaaaaaa' (hint - guess who's account is that).

Fairly aggravated, I came to the 'brilliant' idea that maybe if I register it, it might just work (stupid I know!).Plus what is to loose if it does not work I will just delete it... You can guess the end of the story... The system does not include such a feature (yet)....

So due to my stupidity, bter registering  account names with questionable value and the system missing some basic functionality ('No, deleting account names is not basic? OK, the system missing advanced functionality, as deleting account names for example") you have me 'owning' this account.

Now the important part - If you send to that address by mistake - either PM me or post in the forum! I do not have the said account in my active wallet anymore! If you make a mistake I will have to find the back up and import it in my current wallet!

So, in short , I can not claim high character as CLains  - I am squatting because I can not stop  squatting
 
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Riverhead

Re: Sending to Wrong Name
« Reply #4 on: August 18, 2014, 02:32:39 PM »
tonyk I have a couple names I registered by mistake too in the excitement of the name rush. If it's not too much trouble you should add those accounts back to your hot wallet and see if they have a balance. It'd be easy to send the funds back to the sender because you'll see their name in the transaction history. They may not frequent the forum and just think they lost their funds.


Good on you for coming forward and explaining the chain of events. When I saw all the bter's registered I was pretty disappointed in my fellow humans. As I've come to learn they were either mistakes or a trusted person looking to cover other people's back sides it made me feel a lot better :).


Offline xeroc

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Re: Sending to Wrong Name
« Reply #6 on: August 18, 2014, 02:51:08 PM »
de-registration would be nice, but it would make trading names easier  :-\
Won't happen .. every .. already discussed issue :)
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Offline Empirical1

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Re: Sending to Wrong Name
« Reply #7 on: August 18, 2014, 02:54:09 PM »
 +5% +5% Clains!  :D

Offline tonyk

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Re: Sending to Wrong Name
« Reply #8 on: August 18, 2014, 02:58:11 PM »
tonyk I have a couple names I registered by mistake too in the excitement of the name rush. If it's not too much trouble you should add those accounts back to your hot wallet and see if they have a balance. It'd be easy to send the funds back to the sender because you'll see their name in the transaction history. They may not frequent the forum and just think they lost their funds.


Good on you for coming forward and explaining the chain of events. When I saw all the bter's registered I was pretty disappointed in my fellow humans. As I've come to learn they were either mistakes or a trusted person looking to cover other people's back sides it made me feel a lot better :).

Good Idea BUT:
I have to first figure out safe and yet working way to move just one account (I removed those 8 or 10 accounts from my wallet for a reason),and not the whole wallet. I am experiencing now some 'lost funds' issues related (I am guessing here) to 'not correctly' moving just one account from an old wallet to a new one.(see here: https://bitsharestalk.org/index.php?topic=7049.0)

edit cass: updated IP to forum URL
« Last Edit: August 18, 2014, 07:11:36 PM by cass »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline tonyk

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Re: Sending to Wrong Name
« Reply #9 on: August 18, 2014, 02:59:41 PM »
de-registration would be nice, but it would make trading names easier  :-\
Won't happen .. every .. already discussed issue :)

What will not happen - trading or deleting account?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Empirical1

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Re: Sending to Wrong Name
« Reply #10 on: August 18, 2014, 03:02:22 PM »
de-registration would be nice, but it would make trading names easier  :-\
Won't happen .. every .. already discussed issue :)

I think they should at least raise the cost of registering a name to $0.1-$0.25.
It seems one of our key selling points is easy account names, but at less than $0.01 per name, you can take out 5 million names for $50k and significantly damage that selling point on our blockchain.

I've been told by the BitShares devs though that '*I* should stop acting like names have value'
So I'm probably wrong on this one.

Edit: My maths was wrong I think a name is only $0.001 so you can take out 5 million names with $5000?
« Last Edit: August 18, 2014, 03:09:18 PM by Empirical1 »

Offline Riverhead

Re: Sending to Wrong Name
« Reply #11 on: August 18, 2014, 03:07:13 PM »
Opinions seem to be mixed on the name issue. Names are not transferable but we may at some point have the ability to revoke a name. There has also been talk of a maintenance requirement to stop a name from becoming automatically revoked. I'm sure this is debated by the devs as well.

Offline toast

Re: Sending to Wrong Name
« Reply #12 on: August 18, 2014, 06:31:11 PM »
this particular dev's opinion is "BTSX namespace is ruined and that's ok". We have another DAC for that. What is your opinion about the state of gmail's namespace?
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline xeroc

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Re: Sending to Wrong Name
« Reply #13 on: August 18, 2014, 06:43:22 PM »
.... What is your opinion about the state of gmail's namespace?
well played :)
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Offline Riverhead

Re: Sending to Wrong Name
« Reply #14 on: August 18, 2014, 06:54:48 PM »
.... What is your opinion about the state of gmail's namespace?
well played :)


 +5%  guess it's a matter of having the right paradigm. You should see my Scottrade account "name"  :-\ .

 

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