From: Сергей Беляков
Sent: Tuesday, February 16, 2016 9:06 AM
To: jeffrey E.
Subject: Re:

my partner is in SF till 24th.he can arrive to any cities =n US to meet with Vincenzo in these dates =br> 2016-02-12 1:37 GMT+03:00 jeffrey E. <j=evacation@gmail.com <mailto:jeevacation@gmail.com»:

hes in japan until the 18th, I can send him wherever you=like after

An email was sent on Thursday, February 11, 2016, at 5:13 PM by Mac. The sender is obscured with a black rectangle. The recipient is also obscured with a black rectangle. The message is a response or forward from another email, indicated by "wrote:".

thank you!

12 февр. 2016 г., в 1:=2, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.com> > написал=а):

ill ask

- Email correspondence occurred on Thu, Feb 11, 2016, at 5:52 PM.
- The email includes the string "=D0 ергей Беляко=D0".
- The email was a reply ("wrote:") from <mal[redacted]>.

Hi!

My friend Nick Kovarsky, we met with Pe=er Thiel with the help of you, is going to be in NY and SF from 14th till =0th of February. Unfortunately I can not come with him. =A0

Is it possible to create his meeting with Vinc=nzo?

2016-02-03 15:18 GMT+03:00 jeffrey E. <jeevacation@gmail.com</=>>:

yes of course

=div>

On Wed,=Feb 3, 2016 at 7:18 AM, Сергей Бе=D0 яков <  > w=ote:

In US! If he can (you wrote only=for me so I did not talk to anyone) with me and

my friend who is involved =C2

<mailto:je=vacation@gmail.com> >=

Where ? with whom? =C2 . I will do anything that is helpful to you. / =A0 He is very well respected with both black and white hat hackers

Email communication between Sergey B, Jeffrey E. and Vincenzo lozzo.

*   **From:** Vincenzo lozzo (vincenzo@tiqad.com)
*   **To:** Jeffrey E. (jeevacation@gmail.com)
*   **Subject:** N/A
*   **Date:** Saturday, 30 January 2016
*   **Forwarded Date:** Wednesday, Feb 3, 2016
*   **Message:** Is it possible to meet? For you alone.

It's hard to tell w/o pr=per code/documentation (couldn't find much online). In

general the fou= things are:

1) the devil is in the details= meaning that even if in theory it's all solid the implementation migh= have bugs. There's no definitive technical solution for that though=C2

2) anything that is "custom" (eg:=they have a custom wifi protocol) is a red flag because it means that it h=sn't been properly vetted and might be broken/buggy

3) there aren't enough details online to tell but it seems=to me that to speed up the blockchain verification they partially centrali=e the network by using their own "supernodes" (essentially the w=llets talk to the supernodes vs the actual blockchain). The security of th=se servers seems key to me and they gloss over it online

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

Also (5), in general th= disadvantage of distributed /open things is that it is a lot easier to st=al money vs a closed network (like swift).

Are yo= looking to invest into this thing? If so , I'd suggest a few th=ngs:

A) because problem (1) above is not =C2 completely solvable, they need to have a plan. Part of it is technica= (do continuous code auditing, pentesting, on board proper crypto people, =tc), the other part is legal/financial and pr. Specifically they should ha=e some kind of insurance and they should have a pr disaster recovery plan.=A big disadvantage of decentralized system is that you don't have anyb=dy to trust and you don't have a closed network that can make stealing=money hard, they need to address that

B) re=listically nobody is going to attack them until they become significant en=ugh from a financial standpoint. This gives them time to work on A. That s=id they should avoid making enemies (the "disgruntled" hacker ty=e)

Hope this is useful, if you get more stu=f from them I'm happy to look into it more. Also if you do invest I ca= help them with (A) if needed.

It's a v=ry dumb platitude but "security is a process" is 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 ar>Sent from my 1phone

On Jan 30, 2016, at 11:=6, Jeffrey E. <jeevacation@gmail.com> wrote:

## (https://mycelium.com/phone/index.ht=I

<https://mycelium.=om/phone/index.html> ). what are its weak points?

## plea=e note

The information contained in this communication is confi=ential, may be attorney-client privileged, may constitute inside inform=tion, and is intended only for the use of the addressee. It is the prop=rty of TEE

Unauthorized use, disclosure or copying of this commun=cation or any part thereof is strictly prohibited and may be unlawful. =f you have received this communication in error, please notify us immed=ately by return e-mail or by e-mail to jeevacation@gmail.com, an= destroy this communication and all copies thereof, including all at=achments. copyright -all rights reserved

## =C2 please note

The information containe= in this communication is confidential, may be attorney-client privileg=d, may

## =C2 please note (cont.)

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

С уважен=D0 ем,
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=font color="#888888">

=br>

--

С уваж=D0 нием,
С.Беляков

## =C2 please note (cont.)

=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=font color="#888888">

=br>

<signature> С ув=D0 жением,

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>

destroy this communication and all copies =hereof, including all attachments. copyright -all rights reserved </=iv>

, and

## =C2 please note (cont.)

=AO  please note

The information contained in this communicati=n is confidential, may be attorney-client privileged, may constitute=inside information, and is intended only for the use of the addressee. =t is the property of JEE

Unauthorized use, disclosure or copying of =his communication or any part thereof is strictly prohibited and may=be unlawful. If you have received this communication in error, please n=tify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:=eevacation@gmail.com> , and =estroy this communication and all copies thereof, including all attachm=nts. copyright -all rights reserved

<signature> С уважени=D0 м,

С уважени=D0 м,
С.Беляков