From: Сергей Беляков < 
Sent: Wednesday, February 3, 2016 12:18 PM
To: jeffrey E.
Subject: Re:

In US! If he can (you wrote only for me so I did not talk =o anyone) with me and my friend who is involved

2016-02-03 15:10 GMT+03:00 jeff=ey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.com> >:

Where ? with whom? .4>=A0 I will do anything that is helpful to you. / He is ve=y well respected with both black and white hat hackers

On Wed, Feb 3, 2016 at 7:06 AM, Cepre=D0 Беляков ██████████████████ wrote:

is it possibl= to meet with him?

2016-01-30 17:08 GMT+03:00 jeffrey E. <jeevacation@gmail.com</=>>:

For you alone

Forwarded message
From: Vincenzo lozzo
target="_blank" =a»
Date: Saturday, 30 January 2016
Subject:
To: "jeffre= E." <j=evacation@gmail.com <mailto:jeevacation@gmail.com»

It's har= to tell w/o proper code/documentation (couldn't find much online). In=general the four things are:

1) the devil i= in the details, meaning that even if in theory it's all solid the imp=ementation might have bugs. There's no definitive technical solution f=r that though

2) anything that is "cus=om" (eg: they have a custom wifi protocol) is a red flag because it m=ans that it hasn't been properly vetted and might be broken/buggyQ=A0

3) there aren't enough details online to t=ll but it seems to me that to speed up the blockchain verification they pa=tially centralize the network by using their own "supernodes" (e=sentially the wallets talk to the supernodes vs the actual blockchain). Th= security of those servers seems key to me and they gloss over it online</=iv>

4) the mesh network implementation is completely up=in the air (judging from what's public) and it could go horribly wrong= So that needs further verification

Also (5., in general the disadvantage of distributed /open things is that it is a =ot easier to steal money vs a closed network (like swift).

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Are you looking to invest into this thing? If so , I'd =uggest a few things:

A) because problem (1)=above is not completely solvable, they need to have a plan. Part of =t is technical (do continuous code auditing, pentesting, on board proper c=ypto people, etc), the other part is legal/financial and pr. Specifically =hey should have some kind of insurance and they should have a pr disaster =ecovery plan. A big disadvantage of decentralized system is that you don&t4=93 have anybody to trust and you don't have a closed network that can=make stealing money hard, they need to address that

</=iv>

B) realistically nobody is going to attack them until they become =ignificant enough from a financial standpoint. This gives them time to wor= on A. That said they should avoid making enemies (the "disgruntled&q=ot; hacker type)

Hope this is useful, if yo= get more stuff from them I'm happy to look into it more. Also if you =o invest I can help them with (A) if needed.

It's a very dumb platitude but "security is a process" is t=ue.

Unrelated: checkout edge.org <http://e=ge.org> , I think you'll like it. <=iv>There's a short video with Minsky that is absolutely fantastic4,=A0

Sent from my (phone

On Jan 3=, 2016, at 11:26, jeffrey E. <jeevacation@gmail.com> wrote:

(https://mycelium.com=phone/index.html). what are its weak points?

=C24k please note

The information contained in this communic=tion is confidential, may be attorney-client privileged, may constit=te inside information, and is intended only for the use of the addresse=. It is the property of JEE

Unauthorized use, disclosure or copying =f this communication or any part thereof is strictly prohibited and =ay be unlawful. If you have received this communication in error, pleas= notify us immediately by return e-mail or by e-mail to jeevacation@=mail.com, and destroy this communication and all copies thereof,

<=div>

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=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 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 <mailto:jeevacation@gmail.com>

and

destroy this communication and all copies thereof, =ncluding all attachments. copyright -all rights reserved

<signature> С уважен=D0?ем,

С уважен=D0ем,
С.Беляков

=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 j=evacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies =hereof, including all attachments. copyright -all rights reserved chiv>

## <=div> (cont.)

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