jasonv75 (OP)
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Activity: 156
Merit: 100
I'm an artist, my paint is code
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April 30, 2017, 06:44:26 PM |
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Sunday update:
Today you'll be guided through the wallet package of the new Veltor client. The wallet is deterministic and hierarchical. This enables you to regenerate it at any time, anywhere in the world, as long as you keep your seed safe. This way backing up your wallet and securing your funds is kept simple and efficient.
In contrary to most other hierarchical wallets, the decision has been made to go with a 256-bit seed. This increases the security, but the tradeoff is a longer mnemonic key phrase. Using the BIP39 standard, as defined for Bitcoin, for mnemonic encoding of the seed which makes it easy to remember. During operations, the seed is saved on your disk in a encrypted form, using the standard AES symmetric encryption algorithm.
The wallet uses the Argon2 key derivation algorithm to generate the data for your keys. This data is then used to generate the Ed25519 keys, a signature scheme that is more secure and faster than typical ECDSA schemes, as used by most other blockchains. The key derivation was conceived in a flexible way and is able to generate keys at any level and at any depth.
A final aspect is the Ed25519 implementation, which differs from the reference implementation in one important detail. Instead of using SHA2 as the internal hashing algorithm, it uses Blake2b, which provides a significant increase in performance on general purpose CPUs, for what should be the same security properties. The implementation has been named "Futhark" after the old Norse name for lightning.
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Veltor.
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vingaard
Legendary
Offline
Activity: 1246
Merit: 1011
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April 30, 2017, 08:17:11 PM |
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Sunday update:
Today you'll be guided through the wallet package of the new Veltor client. The wallet is deterministic and hierarchical. This enables you to regenerate it at any time, anywhere in the world, as long as you keep your seed safe. This way backing up your wallet and securing your funds is kept simple and efficient.
In contrary to most other hierarchical wallets, the decision has been made to go with a 256-bit seed. This increases the security, but the tradeoff is a longer mnemonic key phrase. Using the BIP39 standard, as defined for Bitcoin, for mnemonic encoding of the seed which makes it easy to remember. During operations, the seed is saved on your disk in a encrypted form, using the standard AES symmetric encryption algorithm.
The wallet uses the Argon2 key derivation algorithm to generate the data for your keys. This data is then used to generate the Ed25519 keys, a signature scheme that is more secure and faster than typical ECDSA schemes, as used by most other blockchains. The key derivation was conceived in a flexible way and is able to generate keys at any level and at any depth.
A final aspect is the Ed25519 implementation, which differs from the reference implementation in one important detail. Instead of using SHA2 as the internal hashing algorithm, it uses Blake2b, which provides a significant increase in performance on general purpose CPUs, for what should be the same security properties. The implementation has been named "Futhark" after the old Norse name for lightning.
Good update... please... keep working this way  |
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aleet
Member
Offline
Activity: 65
Merit: 10
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May 01, 2017, 06:19:08 AM |
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Sunday update:
Today you'll be guided through the wallet package of the new Veltor client. The wallet is deterministic and hierarchical. This enables you to regenerate it at any time, anywhere in the world, as long as you keep your seed safe. This way backing up your wallet and securing your funds is kept simple and efficient.
In contrary to most other hierarchical wallets, the decision has been made to go with a 256-bit seed. This increases the security, but the tradeoff is a longer mnemonic key phrase. Using the BIP39 standard, as defined for Bitcoin, for mnemonic encoding of the seed which makes it easy to remember. During operations, the seed is saved on your disk in a encrypted form, using the standard AES symmetric encryption algorithm.
The wallet uses the Argon2 key derivation algorithm to generate the data for your keys. This data is then used to generate the Ed25519 keys, a signature scheme that is more secure and faster than typical ECDSA schemes, as used by most other blockchains. The key derivation was conceived in a flexible way and is able to generate keys at any level and at any depth.
A final aspect is the Ed25519 implementation, which differs from the reference implementation in one important detail. Instead of using SHA2 as the internal hashing algorithm, it uses Blake2b, which provides a significant increase in performance on general purpose CPUs, for what should be the same security properties. The implementation has been named "Futhark" after the old Norse name for lightning.
Where can I see the guide and where to download the new wallet? |
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BorisTheBulletDodger
Member
Offline
Activity: 192
Merit: 19
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May 01, 2017, 06:21:35 AM |
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what's the total coin supply?
can anyone answer?
thanks
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I Dodge Bullets
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aleet
Member
Offline
Activity: 65
Merit: 10
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May 01, 2017, 06:26:05 AM |
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what's the total coin supply?
can anyone answer?
thanks
554,355 circulating coin at the moment |
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BorisTheBulletDodger
Member
Offline
Activity: 192
Merit: 19
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May 01, 2017, 06:28:39 AM |
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what's the total coin supply?
can anyone answer?
thanks
554,355 circulating coin at the moment yes, i know that. I am asking what the total supply of the coin is meant to be. You know, like BTC has 21 million.... |
I Dodge Bullets
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CryptoGoon
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May 01, 2017, 08:20:29 AM |
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See you at 5mil sats and you peasants will be sorry
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flowerpots
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May 01, 2017, 01:41:51 PM |
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what's the total coin supply?
can anyone answer?
thanks
554,355 circulating coin at the moment yes, i know that. I am asking what the total supply of the coin is meant to be. You know, like BTC has 21 million.... Something around 1,400,000 coins. |
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Hunterwolfie
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May 01, 2017, 02:48:07 PM |
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Something around 1,400,000 coins.
holy cow. Veltor is really undervalued right now.  |
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Tarz
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May 01, 2017, 02:53:44 PM |
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Something around 1,400,000 coins.
holy cow. Veltor is really undervalued right now. This is because nobody has ever heard about it. I don't remember anyone announcing this coin which proves it does not exist. When something is being in conflict with my vision or perception of the reality I automatically oppose myself to it. I seek information on minimalist nature of money, its vitality and validity as a source of everything, and its crucial importance to life. |
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Hunterwolfie
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May 01, 2017, 03:01:04 PM |
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Something around 1,400,000 coins.
holy cow. Veltor is really undervalued right now. This is because nobody has ever heard about it. I don't remember anyone announcing this coin which proves it does not exist. When something is being in conflict with my vision or perception of the reality I automatically oppose myself to it. I seek information on minimalist nature of money, its vitality and validity as a source of everything, and its crucial importance to life. okay....I can assure you that veltor does exist. but I want some of whatever you're smoking. Seems to be some potent shit.  |
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CryptoGoon
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May 01, 2017, 05:20:27 PM |
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Things are moving quick guys, the dev team is top notch, this codebase is gonna get cloned a lot I guarantee you!
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Hunterwolfie
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May 02, 2017, 07:35:41 AM |
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Things are moving quick guys, the dev team is top notch, this codebase is gonna get cloned a lot I guarantee you!
Veltor is pumping a bit but it's still very cheap considering the low amount of coins and what it offers. This coin will be extremely valuable in the future. Buy and hold. |
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kingcrimson
Legendary
Offline
Activity: 1025
Merit: 1000
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May 02, 2017, 08:19:23 AM |
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Things are moving quick guys, the dev team is top notch, this codebase is gonna get cloned a lot I guarantee you!
Veltor is pumping a bit but it's still very cheap considering the low amount of coins and what it offers. This coin will be extremely valuable in the future. Buy and hold. I agree. Partly this vision they are presenting is not to be a top fifty or even top ten coin, but to be number one. It feels like being a part of ETH back in 2015. |
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pmupa5590
Newbie
Offline
Activity: 56
Merit: 0
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May 02, 2017, 06:06:45 PM |
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as I see,the coin is not popular for the players.and the website is so bad, not any thing about the team
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sotisoti
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May 02, 2017, 10:53:58 PM |
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as I see,the coin is not popular for the players.and the website is so bad, not any thing about the team
Can you clarify what you meant by 'the website is so bad'? |
Bitrated user: sotisoti.
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currentvalue
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May 03, 2017, 01:19:52 AM |
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as I see,the coin is not popular for the players.and the website is so bad, not any thing about the team
Newbie trolls coming with stupid bullshit FUD means that holding VLT is good. |
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Nuevacryptos
Newbie
Offline
Activity: 17
Merit: 0
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May 03, 2017, 02:09:40 PM |
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Any idea about when the new code will be launched?
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Hunterwolfie
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May 03, 2017, 06:29:15 PM |
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someone is dumping several thousand veltor for BTC on yobit. thank you for the cheap veltor  |
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Stenull
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May 03, 2017, 07:23:27 PM |
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Someone is buying thousands of VLT on yobit  |
Change...is in the air.
You know why
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