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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 06, 2014, 03:09:50 AM
Excuse me, for this is a newb question, but I am a bit new to NXT.

With the current wallet client, you can type any passphrase in and it will basically open up.. what keeps someone from running through a shitload of different passphrases until he lands on something that has a decent balance?  Password guessing without a username is the way I see it... there's got to be something I am missing.

Someone's already doing it. The only thing that keeps them from opening someone's account with a good balance is a difficult pass phrase. Make sure you use the pass phrase that the wallet client suggests, it's not crackable in any practical terms (billions of years, etc.). Failure to use a strong pass phrase will result in a loss of funds. A good pass phrase is the one with 128+ bit of entropy. The wallet offers a pass phrase of 128-256+ bit of entropy, so use it and you'll be safe. Most of the hacks of NXT wallets in the past were due to a weak pass phrase, when users made their own pass phrase, but it wasn't random enough, few characters, repeating patterns on characters, etc = bruteforceable.

EDIT: you can combine what the wallet suggests with your own pass phrase to make it even safer Smiley
EDIT: you can combine what the wallet suggests with your own pass phrase to make it even safer Smiley

Yes, the wallet suggests a 12 word password. Add your name/username as 13th word. There is no way anyone in the world is cracking that.
Check the entropy here for example:

http://rumkin.com/tools/password/passchk.php

Don't type your real passord ! Change the words or letters you type but put the same number of characters to estimate.
Over 128 bits is enough.
The password MUST be random.
Any password that is not random will be cracked through dictionary-attack.
A dictionary-attack take for example all the sentences in the bible and try them one by one. Any account in the world using a sentence from the bible as a password will be hacked.

Thank you all for the answers Smiley  it all makes sense, I guess I was just a little awestruck that there's no username lol.  Long and secure passphrases FTW
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: September 29, 2014, 05:27:14 AM
Excuse me, for this is a newb question, but I am a bit new to NXT.

With the current wallet client, you can type any passphrase in and it will basically open up.. what keeps someone from running through a shitload of different passphrases until he lands on something that has a decent balance?  Password guessing without a username is the way I see it... there's got to be something I am missing.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] Sonic - 1st TOR with functional anon send - Steganography based Anon App on: September 26, 2014, 11:40:44 PM
Yeah consistency is key here, and the problem with the re-branding is that nothing is consistent.

Who cares. Look at the coin. It sells itself. Buy now before the masses take notice.

I agree, and I am Smiley but following the coin on twitter would be much easier if everyone used the same tags lol
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] Sonic - 1st TOR with functional anon send - Steganography based Anon App on: September 26, 2014, 11:21:19 PM
Yeah consistency is key here, and the problem with the re-branding is that nothing is consistent.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] Sonic - First coin over TOR with functional anon send - 0% prem on: September 26, 2014, 02:31:19 AM
No no no, none of that.  I haven't purchased enough SSD yet!
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] Sonic - First coin over TOR with functional anon send - 0% prem on: September 24, 2014, 11:06:07 PM
Well, I think I know what is going on here.  I'm thankful for tx42, the dev, all the people who have helped, and I will be staying far away from CCEX!!

Can't wait to see more detail/instruction on this app!  I'd like to know more about it.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] Sonic - First coin over TOR with functional anon send - 0% prem on: September 24, 2014, 06:38:38 AM
I respect that MemoryShock, you've explained yourself well enough I believe.  Welcome to the crypto world!  Have fun!!!
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] Sonic - First coin over TOR with functional anon send - 0% prem on: September 24, 2014, 05:05:44 AM
It's still Tuesday in all these places! Hope you're from Honolulu OP


don't you worry..
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: September 24, 2014, 01:58:58 AM
Can someone explain the TOKEN to a newb like me?  Can TOKEN be sent to a standard NTX address?  Thanks...

TOKEN is an asset on the NXT asset exchange which has partial ownership over several other assets (including VRC). It can be sent to a standard address.
Thank you!
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: September 24, 2014, 01:50:53 AM
Can someone explain the TOKEN to a newb like me?  Can TOKEN be sent to a standard NTX address?  Thanks...
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] SonicScrewdriver - First coin over TOR with functional anon send - 0% prem on: September 17, 2014, 03:25:44 AM
What if ssd can beat darkcoin and be worth 100k sat? Smiley hold and buy low!!
Well lets be realistic... no anonymous coin has come close to darkcoin, but it should be an interesting ride once the app is released Smiley
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: September 13, 2014, 03:30:09 AM
I can imagine a situation where people donating about 100 VRC are holding as strong of a vote as someone who donated 100,000.  You could get trolls coming out of no-where, getting together, and throwing 100 VRC each to swing votes in a direction that may not represent the community properly.  I think weighted votes are the only way to do it.

Something like:
100VRC-1000VRC donated = 1 vote
1001VRC-10,000VRC = 2 votes
10,001VRC-30,000VRC = 2.5 votes
30,001VRC-50,000VRC = 3 votes

Just an example.. I'm sure it could be structured fairly, albeit I'm not the best to go for advice on this but it seems like a fair method to me...
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]MANDATORY UPDATE by 9-10 [SSD] SonicScrewdriver 20% APY Bittrex CCEX BLEU on: September 10, 2014, 07:47:29 PM
The community is friendly, optimistic, and encouraging.  Also, a strong development lead will help see this coin through the route of success.  Welcome aboard, new members!  I see quite a few buyers on the exchanges.  

Also as a side note, I love the name of this coin Smiley SSD is an easy acronym for people to recognize (with SSD HDD's etc) and I love the fun nature behind the full name. 
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]MANDATORY UPDATE by 9-10 [SSD] SonicScrewdriver 20% APY Bittrex CCEX BLEU on: September 10, 2014, 12:26:04 PM
I'm interested to see where this goes.  The coin has huge potential... but such little exposure to the mainstream crypto enthusiasts.  Time will tell, soon enough.  So far, it looks very promising to be a top contender.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: September 07, 2014, 08:29:53 AM
lol these people are hilarious.  I'm glad we can drown them out with positive discussion now Smiley  Come on everyone lets move!
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][QTL] Quatloo, A DarkWaveGravity Scrypt Coin LAUNCHED! 6/27/2014 on: August 28, 2014, 07:29:24 PM
wow this coin has consistent flow of market movement for the past 3 days now.
I'd be willing to bet there's even more coming....
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: August 27, 2014, 12:37:17 AM
Lets DO THIS
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: August 10, 2014, 08:05:02 AM
I enjoy reading these conversations, thanks for clearing everything up guys!
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: August 05, 2014, 05:54:49 PM
Nice work there on the roadmap and the news site everyone, thanks!
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 25, 2014, 04:29:20 AM
That's exactly what I was thinking. I remember him too. He was alright ol' coine.
talk about winding back the VRC clock their.

lol that just shows how long i've been around lmao
He started the topic on Dirac so maybe it's bryce and he's no longer interested in this coin?  Or someone close to him that has equal thoughts on the subject... that's my guess anyway
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