Pages: 1 [2] :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.11 15:23:00 -
[31]
Edited by: Ji Sama on 11/06/2009 15:23:05
Originally by: Saehta
Originally by: Ji Sama i wasnt suggesting ANYONE should go against their will... dont know where you got that from.
And I didnt state you were forcing anyone to. You gave your opinion that people should give free loans to ebank for support and I questioned why anyone would do that.
You can be a fanboy of ebank, idc
Saehta 1 Ji 0
this will be dealt with!
Edit: also first on page 2
Quote:
"Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed" |
Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.11 15:28:00 -
[32]
Originally by: EBANK SencneS We choose to go with Corp over a character for so many reasons. Originally a character was chosen due to the fact that Corp API was flaky at the time of implementation.
Corp API offers something that a Character can't... API even if a person is banned, CCP can't ban a corporation so deposits and tracking will remain no matter what happens to an individual. More importantly we get the ISK.
Although the risk is similar when coming to using a Corp wallet it also allows for a rolling real time audit to happen. As ISK is moved in and out of the master wallet by a small few in-game directors, the tellers will be given general view access to the wallets. If they see something unusual prevention can be initiated much faster.
In Ricdic's own admission he was milking the Deposit Character for a week, we're hoping that a corp deposit will raise the flags a lot sooner. As a teller myself I will be monitoring this, only because I like to see all the zeros.. :)
We have not worked out if we are going to continue to process withdrawals via the character or via a corporation wallet assigned to each teller.
This is where I would like some opinions on the following.
1) Continue to transfer ISK from the deposit location to the tellers personal wallet, and process withdrawals from there.
2) Change it to a central corporate wallet in which a Director transfers ISK and ALL tellers process withdrawals from that separate wallet.
3) Assign individual wallets to each teller and have the Director transfer ISK as needed.
Somethings to consider. Each Teller gets between 25b and 30b at a time. At the moment there are 3 full time tellers. A MAJOR delay in withdrawals happens when quiet simply too much for a teller to handle. For the most part tellers get topped up every day, so it's not unusual to run out of ISK and have to request more, and in the mean time have more withdrawals to process.
Personal thoughts. 1) The current system is a little clumsy, although it works I'd rather have the corp handle my ISK teller ISK, that way everyone can see everyones wallet. This would pretty much cut the MSN chats of "How much ISK do you have? Can you process this?" Etc.
2) I'm 50/50 on a central teller wallet or a individual wallet. On one hand a central wallet would have to be larger, but too much larger, maybe go from 30b max to 60b max. This would free up more ISK for EBANK, and the Directors top up the one wallet daily. On the other hand a larger amount of ISK could make someone run with a little more then before. One drawback to individual wallets is we're limited.
Master Wallet would be locked for deposits. Wallet 2 would be loan wallet Wallet 3 would be payroll and ISK reserves Wallet 4-7 could be tellers. This limits us to pretty much 4 tellers unless we share wallets in which case we're stuck in the same boat as before.
So please give us your opinions, what would make YOU feel more comfortable if you had to choose?
I think you should keep it so that each teller only has access to 20-30B but tkeeping deposits to the master wallet is nice, so thats a good thing that came out of this!
Quote:
"Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed" |
Kouryusei
Caldari The Bitter Sea Trading Company
|
Posted - 2009.06.11 15:56:00 -
[33]
For the love of God... please change the hideous website design. ;_; |
Hexxx
Minmatar
|
Posted - 2009.06.11 16:12:00 -
[34]
Originally by: Kouryusei For the love of God... please change the hideous website design. ;_;
You're right...I've got an idea for a new fresh design with some real "pop".
Bright neon pink and black flashing background!
EBANK - Chairman of the Board | www.eve-bank.net
|
Lui Kai
Better Than You
|
Posted - 2009.06.11 20:36:00 -
[35]
Originally by: Hexxx Bright neon pink and black flashing background!
Don't forget the animated GIFs. Everyone loves lots and lots of animated GIFs/ |
Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.11 21:30:00 -
[36]
Originally by: Lui Kai
Originally by: Hexxx Bright neon pink and black flashing background!
Don't forget the animated GIFs. Everyone loves lots and lots of animated GIFs/
uh yea and the stars, the flashing stars.... thats a must... imo
Quote:
"Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed" |
Taedrin
Gallente Golden Mechanization Protectorate
|
Posted - 2009.06.11 21:50:00 -
[37]
Edited by: Taedrin on 11/06/2009 21:52:27 Edited by: Taedrin on 11/06/2009 21:51:09
Originally by: Ji Sama
I think you should keep it so that each teller only has access to 20-30B but tkeeping deposits to the master wallet is nice, so thats a good thing that came out of this!
The problem with this strategy is that if all of the money is in a single place, then anyone with access to that single place can take all of the money and walk off with it. At the very least, CEOs and Directors have complete and total access to the vast majority of cash reserves.
Say for example, that you have 1 trillion ISK, 9 tellers and 1 CEO. If you keep all of the money locked down in the master wallet where only the CEO has access, the CEO can still walk off with all 1 trillion ISK and then the bank is gone for good. But if you distribute the ISK equally to each teller, than each teller and the CEO has 100 billion ISK each. In the event that the CEO or one of the tellers tries to walk off with money, they could only walk off with at most 100 billion ISK, leaving 900 billion ISK to the rest of the bank.
You can have the tellers share their API keys so that they know who has enough money to cover withdrawals, and also for audits. If a teller changes their API key then you stop distributing money to that teller. If it was an accident then start distributing money again after an audit and reduce the amount of money that they can hold at once.
The downside to a distributed system is that while you reduce the amount of money that a person can walk off with, you increase the chances that a scam will happen as you add more tellers. In the centralized system, the most a teller can steal is 25-30 billion ISK (though the CEO can steal it all).
So in the end you must compare how much you trust the CEO/Directors to how much you trust the tellers. If you can trust the CEO/Directors 100% then a centralized system is the way to go. But then again, Ricdic was also supposedly trustworthy, was he not? I myself am in favor of a distributed system where money is sent to the personal wallets of a pool of trusted (and also regularly audited) tellers. In the event that a teller betrays this trust, the amount of damage they can do is limited.
EDIT 1: Spelling EDIT 2: I should also mention that another disadvantage to a distributed system is that it is more complex and harder to manage. |
Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.11 22:38:00 -
[38]
yea i see that problem, and that is some good valid points you bring fourth. imo, there should be no more than 2 or 3 with access to the "main wallet". and these should be hexxx, athre and ac or lvv...... since these are persons i trust 100% this is purely subjective i know..
Quote:
"Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed" |
Bryg Philomena
LaMar Associates
|
Posted - 2009.06.11 23:55:00 -
[39]
IMO Each teller should have his own corp wallet. This way a director can easily see what needs to be topped off.
If you wish to increase tellers, you could always create a second corp with the same directors and have another 6 or 7 tellers. |
Ein Spiegel
|
Posted - 2009.06.11 23:58:00 -
[40]
Originally by: Ji Sama yea i see that problem, and that is some good valid points you bring fourth. imo, there should be no more than 2 or 3 with access to the "main wallet". and these should be hexxx, athre and ac or lvv...... since these are persons i trust 100% this is purely subjective i know..
Unless CCP decides to implement some kind of Securities and Exchange Commission or similar regulatory body (basically, DEVs or Dr. E's staff as auditors of investment ventures) with appropriate checks and balances, all we have to go on in Eve is trust. Which is purely subjective, and even stranger in a world of text and pictures.
Maybe with ambulation...
In any case, it's one of the things I like about the game. The uncertainty. |
|
Chantilly Layce
|
Posted - 2009.06.12 00:11:00 -
[41]
Originally by: Ji Sama great ill deposit a couple of billions since my ebank account was emptied. not because of falcon, but because of the interest... so to show my faith and support, putting some ISKies in there, that wont be going to the checking account, but stay in the sweeping account untill the bank is up on its feet again.
i would also extend this "mustering cry" to all small time investors and md'ers alike. deposit isk now to the sweeping account, and show EBANK that we still trust them, and we want them to remain where they are!
I like this spirit of getting things rolling again.
I'd like it even more, and be one of those "small time investors" if I saw a substantially better rate of return being offered for a month or two -- which in my mind is the best confidence building gesture EBANK could make as it rebuilds it's image for the foreseeable future.
|
Kwint Sommer
Caldari XERCORE Cult of War
|
Posted - 2009.06.12 00:48:00 -
[42]
I have just deposited 3B as an indicator of my continued trust in EBANK.
I hope it helps with your liquidity issues, if you're having serious trouble I'm sure I can scare up another 20 or 30. You and every other customer has my email so feel free to contact me directly if you want to take me up on that or if there's anything else I can do.
You guys have always been there when I needed credit or launched a bond, not to mention all that you've done for the community, and the least I can do is return the favor.
|
Drab Cane
Mining Emporium inc.
|
Posted - 2009.06.12 01:14:00 -
[43]
WARNING: Uneducated opinion alert . . .
Regarding how to handle teller funds.
At first I was shocked that the ISK was being held in tellers' private wallets, 'cause I figured that must make recordkeeping hell. Corp wallets would be much easier to track.
But then I realized that the highest priority must be on limiting access to the full funds. The existing system is what kept Ricdic from taking nearly everything.
The perfect system would be to distribute the funds and collateral to individual alt characters, alts that are used solely for EBank transactions. The accounts that those alts are on would be subject to API data pulls by EBank's software on at least a daily basis.
Teller alt wallets should be balanced (inflows with outflows with current balance) on a regular basis (weekly/monthly?), aided by automated reports from EBank's software.
Tracking assets (collateral and trade/mfg inventory) is a huge pain, and I can't imagine how that can be worked around.
To sum up, I'd have to say that division of custody over funds/assets must take precedence, since accurate recordkeeping and oversight are not a deterrent to theft.
|
Mr Horizontal
Gallente KIA Corp KIA Alliance
|
Posted - 2009.06.12 07:49:00 -
[44]
Since Eve is what it is, and the notion of trust funds of looking after other people's money is basically non-existent in Eve, EBANK was designed with as much mitigation in mind.
To expect that you wouldn't incur losses, have scams, have defaults, have human error and such like would utterly puerile, and EBANK had to be designed as a structure to ensure it could survive and cover losses. Unofortunately in the absence of a central bank and lenders of last resort, the only way it can truly insure itself is to use its own profits.
Because of this, EBANK is flexible and able to be an incredible business partner to those wishing to bank with it. As people discover and use EBANK, the sheer flexibility of its services have astounded them. Secondly, by designing the bank to mitigate losses, its immensely resilient since it has the ability to rebalance itself inherently.
Thankfully due to the competence of staff in EBANK, it has been stewarded to gain sufficient profit that a vast amount of the losses recorded by the bank simply only impact its own profits. As has been said many times before, EBANK to its staff who steer it into and out of oblivion is not about the ISK, we are immensely proud of the service, and see this as a key opportunity to absolutely show off exactly how resilient EBANK is. Sure we now have next to no safety buffers or effective scam insurance in place due to current circumstance, but this only serves to harden our resolve even more.
The task is not enviable however. The next 4 months are probably even more critical to EBANK's entire life than it's first 4 months of operation, however, if it comes out on top like we fully expect it to, it will be stronger than ever.
Director | www.eve-bank.net |
Imiom Ravena
Caldari The Brotherhood of EVE
|
Posted - 2009.06.12 08:42:00 -
[45]
I've just deposited in EBANK, that should be processed soon.
I may not be the richest, but I hope that my little addition will show my faith in both the bank, and its members.
Good luck EBANK.
|
Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.12 08:57:00 -
[46]
Quote:
Sure we now have next to no safety buffers or effective scam insurance in place due to current circumstance, but this only serves to harden our resolve even more
Time to close some unsecured credit lines?
You should really post a statement about your current portfolio composition (ie secured, partially secured, unsecured) and the composition you plan for the future.
Also - and I noticed an agile dodging of these questions, how comes that KIA got so much representation in the circle of EBank? Is EBank neutral? How can the investors be sure?
|
SentryRaven
KIA Corp KIA Alliance
|
Posted - 2009.06.12 09:05:00 -
[47]
Originally by: Vaerah Vahrokha
Also - and I noticed an agile dodging of these questions, how comes that KIA got so much representation in the circle of EBank? Is EBank neutral? How can the investors be sure?
As much as you won't believe me, cause I am in KIA, we aim to be neutral towards all entities in EVE.
We have employees from different powerblocks of EVE and all professions in EVE, from pirates to carebears and market warriors.
How we got 3 KIA members onto EBANK: Originilly there were Mr Horizontal and Anastasia Heron as founding members of EBANK. Somewhere in 2008 I was asked to restructure and administrate their forums, because Mr Horizontal knew that I was already doing the KIA forums and apparently liked my work. :)
We still claim to be neutral, we know how to separate political from business stuff.
And you don't wanna know how many red icons I see in EBANK channel daily and still process their tickets and withdrawals/loans. --------
KIA Recruitment Director |
Ken Keaton
|
Posted - 2009.06.12 10:09:00 -
[48]
I find it very ironic that for such a free market / "capitalist" game.. the actual movement of capital is such an enormously tedious chore..
Really wish CCP would just allow corp. shares to be traded via market screen..
|
Krathos Morpheus
Gallente Legion Infernal Wildly Inappropriate.
|
Posted - 2009.06.12 10:35:00 -
[49]
Originally by: Ken Keaton I find it very ironic that for such a free market / "capitalist" game.. the actual movement of capital is such an enormously tedious chore..
Really wish CCP would just allow corp. shares to be traded via market screen..
I think contracts is the way to go on this.
EVE Knowledge
|
Mr Horizontal
Gallente KIA Corp KIA Alliance
|
Posted - 2009.06.12 11:31:00 -
[50]
Originally by: SentryRaven
Originally by: Vaerah Vahrokha
Also - and I noticed an agile dodging of these questions, how comes that KIA got so much representation in the circle of EBank? Is EBank neutral? How can the investors be sure?
As much as you won't believe me, cause I am in KIA, we aim to be neutral towards all entities in EVE.
We have employees from different powerblocks of EVE and all professions in EVE, from pirates to carebears and market warriors.
How we got 3 KIA members onto EBANK: Originilly there were Mr Horizontal and Anastasia Heron as founding members of EBANK. Somewhere in 2008 I was asked to restructure and administrate their forums, because Mr Horizontal knew that I was already doing the KIA forums and apparently liked my work. :)
We still claim to be neutral, we know how to separate political from business stuff.
And you don't wanna know how many red icons I see in EBANK channel daily and still process their tickets and withdrawals/loans.
EBANK started before Anastasia Heron or I were in KIA... I joined KIA because I like the community within KIA and KIA as you know extends beyond Eve as a gaming clan. Anastasia was part of D-L, a BoB pet prior to Tortuga, and they joined KIA in an act of revolt to their overlords. EBANK had already been established by then, and I wasn't even a director then. SR was brought in by me as he is KIA's forum overlord and does a damn good job there and in EBANK. So it was purely circumstantial that EBANK had 3 KIA people in it, and Eve politics doesn't dictate an iota of EBANK's policy. Hexxx was involved with ASCN, and PP is closely linked with BoB... we come from very disparate backgrounds, but in EBANK I can absolutely swear to you, political affiliations are left at the door. It doesn't make the slightest amount of difference!
Now we do have a history of working closely with KIA (primarily because I spam their internal forums :P), but mainly because Eddz has used EBANK to the fullest effect. He's not the only one however, and some of KIA's enemies and friends have also been particularly good clients of EBANK. I can't name who, however, but the extent of their dealings matches KIA's. |
|
Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.12 11:39:00 -
[51]
Originally by: Kwint Sommer I have just deposited 3B as an indicator of my continued trust in EBANK.
I hope it helps with your liquidity issues, if you're having serious trouble I'm sure I can scare up another 20 or 30. You and every other customer has my email so feel free to contact me directly if you want to take me up on that or if there's anything else I can do.
You guys have always been there when I needed credit or launched a bond, not to mention all that you've done for the community, and the least I can do is return the favor.
this tbh, im sure raising liquids isnt gonna be a problem, more than 550B offered so far to help out... only miss to see dbank post here to offer their support, though im sure that its there...
Quote:
"Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed" |
Abbadon Letalis
Amarr
|
Posted - 2009.06.12 11:43:00 -
[52]
Originally by: Mr Horizontal
Originally by: SentryRaven
Originally by: Vaerah Vahrokha
Also - and I noticed an agile dodging of these questions, how comes that KIA got so much representation in the circle of EBank? Is EBank neutral? How can the investors be sure?
As much as you won't believe me, cause I am in KIA, we aim to be neutral towards all entities in EVE.
We have employees from different powerblocks of EVE and all professions in EVE, from pirates to carebears and market warriors.
How we got 3 KIA members onto EBANK: Originilly there were Mr Horizontal and Anastasia Heron as founding members of EBANK. Somewhere in 2008 I was asked to restructure and administrate their forums, because Mr Horizontal knew that I was already doing the KIA forums and apparently liked my work. :)
We still claim to be neutral, we know how to separate political from business stuff.
And you don't wanna know how many red icons I see in EBANK channel daily and still process their tickets and withdrawals/loans.
EBANK started before Anastasia Heron or I were in KIA... I joined KIA because I like the community within KIA and KIA as you know extends beyond Eve as a gaming clan. Anastasia was part of D-L, a BoB pet prior to Tortuga, and they joined KIA in an act of revolt to their overlords. EBANK had already been established by then, and I wasn't even a director then. SR was brought in by me as he is KIA's forum overlord and does a damn good job there and in EBANK. So it was purely circumstantial that EBANK had 3 KIA people in it, and Eve politics doesn't dictate an iota of EBANK's policy. Hexxx was involved with ASCN, and PP is closely linked with BoB... we come from very disparate backgrounds, but in EBANK I can absolutely swear to you, political affiliations are left at the door. It doesn't make the slightest amount of difference!
Now we do have a history of working closely with KIA (primarily because I spam their internal forums :P), but mainly because Eddz has used EBANK to the fullest effect. He's not the only one however, and some of KIA's enemies and friends have also been particularly good clients of EBANK. I can't name who, however, but the extent of their dealings matches KIA's.
Completely Nuetral. |
Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.12 11:45:00 -
[53]
Neutrality and obejctivity is an illusion, free your mind. Do drugs.. mmkay.. lots...
also!
Quote:
"Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed" |
eVaLF
Delivery Luck
|
Posted - 2009.06.12 11:52:00 -
[54]
I can honestly say working with and for EBANK, they do try to stay even across all aspects of alliances.
They have given many unsecured loans to other entity's that fight against Kia.
There was one instance I felt they were not being fair, but I was on the other side of it, so it was probably a just call, I just didn't agree.
Hope this helps some on this issue. If not I will shutup now -----
POS FUEL DELIVERY & HIGH & LOW SEC FREIGHTER SERVICES |
Cyber Wolf
Destructive Influence KenZoku
|
Posted - 2009.06.13 01:11:00 -
[55]
nope but thx ^^
|
none4u
|
Posted - 2009.06.13 02:13:00 -
[56]
as always, buyers beware as a fool and his money will soon be parted.
|
Per Bastet
Amarr B.O.O.M
|
Posted - 2009.06.13 09:18:00 -
[57]
I have followed the recent events closely and I still feel safe with EBANK. I still have my Money in the Savings account, and i see No Rush to pull it out.
Keep up the Good work, Set backs happen, It's the Willingness to Step forward and Move past them that makes a good bank. |
ECredit
|
Posted - 2009.06.13 17:43:00 -
[58]
"The quality of ones character often becomes evident when under stress and pressure."
TheVad |
|
|
|
Pages: 1 [2] :: one page |
First page | Previous page | Next page | Last page |