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PM sent.
I'M ALL FOR THIS.
Now the amount of FUCKs you give can be quantified.
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I think you are over confident about 2FA. If an attacker personally knows you and knows that you control a large amount of bitcoin the they could steal your 2FA device and guess your simple password.
IMO a 2FA device should supplement your password not replace it
The phone I'd do this on would get airplane mode enabled when it's first turned on, then the phone itself would be encrypted with a strong password. I don't know if you're familiar with Android's phone encryption, but you have to enter a password just to decrypt the phone itself before getting to the lock-screen, where you'd have to enter another combination. That'd be pretty hard to get pass. I agree with 2FA being a supplement and not a replacement. |
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2FA only protect your account. The risk of theft usually come from exchange/wallet service or outright scam from these owners.
Very true and there's not much we can do about that except to not have it all on one exchange but multiple to spread risk. For day traders I mean. There's a good amount of exchanges to do this these days. |
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I use 2FA whenever I can and sometimes fear I'm relying too much on it. For example, I don't really care too much about my password being found out since it's not going to get a person access without the secondary auth, so I use fairly easy passwords for the sites that have 2FA and stronger passwords for those without. But there is a way in with just the password: through the use of my own devices in some way, either through hacking in or through interception of an sms. Still, it would be tough to do, so I can't help myself to not worry about it.
What I worry most about is losing the device itself or losing the data on it that allows 2FA to work in the first place. My phone. I have 17 accounts in Google Authenticator so if I lost those I'd be so screwed. If I lost them, I wouldn't have access to any of the accounts anymore without the serious headache of trying to get access to them again. I never realized this until I decided to upgrade to Android L on my Nexus 5, my only phone.
I didn't realize how hard it was to backup the Authenticator codes until I tried to do it. There's no way to back them up after closing out the page with the secret Authenticator code and QR barcode. You have to write that code down or store it somewhere, or be rooted and extract the Authenticator database. By the way, those secret codes are stored in plaintext so if you're rooted and install a rogue program - good luck.
I came across a Straight Talk phone at Walmart called the Optimus Fuel for $29 with Android 4.4 and a dual-core processor. I thought, this would be perfect as an offline device for storing Authenticator codes, but also for taking pictures of other important information such as backup login codes and Bitcoin Armory paper backups. Obviously, airplane mode would be activated as soon as it's turned on for the first time, followed by encrypting the phone itself. So the idea is every time I added an account to Authenticator, I'd use the backup phone's camera to securely and easily backup the 2FA information.
After playing with the phone for several days, it's actually a really great phone for the price, so I decided to just use it as an audio streamer and portable speaker. Today I bought a second one, that I'll be keeping totally offline and do just as I described above to store sensitive information on.
So am I stupid for doing this or is it a good idea? How do you backup your 2FA codes? I haven't opened the second one yet.
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Kind of having a bad situation right now, switched laptops I was using, but having the same hard drive. I go to start up Vericoin and get this
....
Is there a wallet.dat I can pull from anywhere and just reinstall the program or what can I do?
Running Windows 7
I got an error when I first opened Vericoin, as with other coins. Just open it again and it should run fine. Has something to do with a first run without program data that's created in the user data folder. |
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What time tomorrow will this launch?
What timezone?
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Anyone else remember the status that Vericoin posted on Twitter around 7:30 AM CST yesterday, saying VeriBit would be released in 24 hours? I went looking for that Tweet and found it in my history. The status has been deleted. Does anyone know how to somehow get a deleted tweet? Surely it's stored somewhere. Here's a link to it: https://twitter.com/VeriCoin/status/481419108052140033 |
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这些傻逼们，不玩就滚，诋毁人家有意思？整天这里狗吠，到底是真洋鬼子还是假洋鬼子
Google Translate: These sucker who do not play on the roll, slander others interesting? Here barking all day, in the end is true or false foreign devil devils |
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so dev dumped his double premine already? it's what i hear on twitter, is it true?
Block explorer down.
165k coins dumped right after Bittrex starts trading.
Coincidence or premine dumped? I'm gonna go with premine dumped.
Threaded announced coins spending accounts so you think I sold the former mining Hao how good, I did not cheat anyone, my goal is to get the miners and investors have benefited, but not hurt them, and now digging While coin interest is very high! I paid BTC listing platform, you see? What am I doing wrong? If you feel bad coin, you can forsake us! I listed the coin, I order a meal, you tap the coin for what? Are you a Chishi? Impossible, right? I only know that we continue to work day and night, we have created is to promote good health in the development of virtual currency, without our industry far from dead! Though I say a little bluntly, you may not agree with me, but one thing you remember, I did not deceive anyone, we really brought benefits to miners, you ask yourself, starting to follow us, no benefit? Our data are open and transparent! You are to eat, I was! Yeah, well. I have no fucking clue what you just said. lmfao |
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I wish I would've known about this coin a lot sooner. I'm throwing eight R9-290's at it with 29 MH/s.
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Not quite. PoS like PoW is a luck-based problem solving algo. The more coins you have is like having more hashing power for PoW. And you have a chance to stake a share in 6% addition of total coin supply. So it's 6% of the 4.5M coins. Not compounded for each wallet as you've suggested (thank god). It's quite reasonable - not enough for people to dump the interest and crash the coin, but enough incentive to hold.
Even this is not 100% true, as it is actually only +6% of coins that are staked. It is unlikely that the whole 4.5 mil will be staking because coins held on the excahange generally are not staked, and some people do not unlock the wallet for staking.
No. Sorry for the short answer...
Let's say you have 1 deposit of 100 coins. When those coins reach 6 hours old, they're now eligible for staking. At 6% annual staking rate, that means you'll get 100*.06 = 6 coins per year, or 6/365 = 0.0164 coins per day.
PoS isn't a bank style interest rate though. It's similar to PoW mining. The more coins you have staking, the better chance you'll stake a block. You can see the PoS difficulty in your wallet by going to Help->Debug Window->Console and typing "getdifficulty". Currently, Cloak is at 0.00123904.
The amount of coins you have staking is kind of similar to the amount of hash rate you have during mining. The higher your hash rate, the better chance you have of finding a block. Same (kind of) thing applies with PoS. You WILL get 6% per year on your coins, but it doesn't mean you get them every 6 hours. And unless you got all your coins at the exact same time, all your coins will be of different ages.
At any time you can get your staking "weight" by hovering over the Cloak logo in the lower right. It will show you approximately how long it will take to receive your stake.
Long story short, no, you don't get them every 6 hours. Generally speaking if you leave your wallet open, you'll begin to stake. The more coins you have the more (and faster) you'll stake. However, once you stake a block, those coins now reset in age.
Does that help? If I'm incorrect anywhere, please correct me.
Thanks guys! I understand it a lot better now. I'm about to transfer 3,000 CLOAK to my wallet. Can't wait to see the results after the 6 hours. |
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I'm new to proof of stake.
So the APR for Cloak is 6% and I start earning that interest after 6 hours. Does that mean interest is paid (added to my balance) every 6 hours, 4 times a day?
No. Kewl. Nevermind. |
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I'm new to proof of stake.
So the APR for Cloak is 6% and I start earning that interest after 6 hours. Does that mean interest is paid (added to my balance) every 6 hours, 4 times a day?
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'I want to link my Bitcointalk name with BTCJam's. Verification code: cc08c4c4-fdcb-43f2-b7bb-a1a9d575db00'
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Oh my Gawd, the comments. I've commented a few times to try to help explain a little bit about how Bitcoin works, but I can't do it alone. People like "kevin" who attempted to explain without using basic grammar probably hurt his cause more than it helped.
I've never seen so many people against Bitcoin in a comment section before.
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I just pointed 21MH/s at it. Solo.
Getting 2.67MH/s per Sapphire R9-290 card.
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I know it's CPU only, but how do you mine this coin? I don't see any links or instructions. Sorry if I missed it.
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Been mining for the past hour and 10 minutes with 7100 KH/s and ended up with less than 1000 coins.
Back to doge.
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Where is the source/binary going to be located?
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