Slack Abandoned by Blockchain Companies Over Phishing Scams

Last week we reported on a surge in phishing scams related to token sales, and the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term industry was quick to take action. A group of companies led by Aragon have decided to withdraw from the popular messaging platform Slack - including Indorse, Cofound.it, OmiseGO, Streamr, Santiment, FOAM, Auctus, Golem, and Decentraland.

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“We started the proposal for the migration to an open source messaging platform after realizing that the current situation was unsustainable. Slack was designed for the internal use of projects; Slack lacks the tools necessary to run public facing communities, including the fundamental features required for projects in the blockchain space. Migration to an open source platform will help us manage and govern our communities more efficiently and securely,” said Luis Cuende, co-founder of Aragon and Project Lead. “The situation has worsened considerably with recent Slack updates that remove unique usernames, allowing scammers to easily pose as project members and leaving users with no way of distinguishing fake accounts.”

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Jan Isakovic, CEO of Cofound.it, added: "Crypto communities are very specific. The level of control over the messaging, spam and scams is crucial. Existing tools just do not fit our specific use case. That’s why the project started by Aragon has full support by Cofound.it. We believe that it will be a foundation for a safe and controlled communications channel for all the crypto communities."

“With the ongoing Slack scams and the refusal of Slack to address the problem, we have been looking for alternatives. Based on our evaluation of various products, Rocket.Chat seems to be the best option,” said Avadhoot Kulkarni, CMO, Indorse.