mr_random
Legendary
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Activity: 1344
Merit: 1001
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May 01, 2013, 05:57:48 PM |
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And wait until that exchange become one of the major out there! I'm speculating that when some other pairs will be added, people will start to diversify their holdings into MinCoin causing the price of this rare, fast altcoin to skyrocket. The exchange doesn't even have secure socket layer. This. Secure socket layer (SSL) is what any website involving financial transactions should have as a standard. No SSL means your communication with the website when you visit each page isn't encrypted. So your password is sent is plaintext and can be viewed by a packet sniffer, for example. |
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Luckybit
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May 01, 2013, 07:41:25 PM |
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And wait until that exchange become one of the major out there! I'm speculating that when some other pairs will be added, people will start to diversify their holdings into MinCoin causing the price of this rare, fast altcoin to skyrocket. The exchange doesn't even have secure socket layer. This. Secure socket layer (SSL) is what any website involving financial transactions should have as a standard. No SSL means your communication with the website when you visit each page isn't encrypted. So your password is sent is plaintext and can be viewed by a packet sniffer, for example. Yes it could be a honeypot set up by hackers to sniff exchange passwords used by dummys who use the same password on multiple exchanges. Not a very good idea for a coin which is even more valuable than Bitcoin. It also means the people running the exchange can someday decide to commit robbery and take your coins merely by logging in as you. |
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rlh
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May 01, 2013, 08:31:14 PM |
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Passwords are hashed before storing on the server... been in discussion about this with the dev. He's put a crazy amount of effort into the security of the back end. Still, SSL is on his radar and should be implemented soon.
If you don't want to use the exchange until then, I'd completely understand. I think the main reason why he hasn't used it is because he is a HUGE fan of separating himself from the rest of the world via proxies. He, and about 90% of the people he deals with on the day-to-day basis already use such proxies so their data is secured from client-to-server-back to client, even without SSL.
I'm not making excuses. I'm just relaying the guys logic of why this has been a secondary priority.
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A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00. Otherwise I'll just have to live with my 5 BTC and be happy. :/" ...sigh. If only I knew.
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CaptChadd
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May 01, 2013, 10:57:06 PM |
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You just need to give it time.
The block reward of FC is huge, so there we be so many.
Mincoin is rare and there will only be little amounts around.
That's why I am trying to buy up Mincoin.
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sal002
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May 02, 2013, 02:20:19 AM |
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Now on CoinChoose (at 165.46% profitability)....
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SuperTramp (OP)
Legendary
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Activity: 1073
Merit: 1000
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May 02, 2013, 05:48:14 AM |
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Now on CoinChoose (at 165.46% profitability)....
VERY NICE ! Thanks again sal002. |
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BladeRunner
Full Member
Offline
Activity: 205
Merit: 100
Cheif Oompa Loompa.
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May 02, 2013, 06:04:35 AM |
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Was there ever a Gui wallet made for this yet?
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Luckybit
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May 02, 2013, 06:09:23 AM |
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Passwords are hashed before storing on the server... been in discussion about this with the dev. He's put a crazy amount of effort into the security of the back end. Still, SSL is on his radar and should be implemented soon.
If you don't want to use the exchange until then, I'd completely understand. I think the main reason why he hasn't used it is because he is a HUGE fan of separating himself from the rest of the world via proxies. He, and about 90% of the people he deals with on the day-to-day basis already use such proxies so their data is secured from client-to-server-back to client, even without SSL.
I'm not making excuses. I'm just relaying the guys logic of why this has been a secondary priority.
Then why hasn't he implemented 2 factor authentication? I talked to the guy and suggested he at least support Yubikey. If you're gonna run a blind exchange you need to at least support. Even Bitcointalk runs with SSL. For this moment in time it's not an issue but considering the mathematics behind what Mincoin's actual value is, this is unsustainable. Mincoin was launched only last month so I'm cutting them some slack. |
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layerz
Member
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Activity: 112
Merit: 10
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May 02, 2013, 06:26:01 AM |
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This is definatly a coin to watch, already has an exchange and a stable mining community behind it with lower then standard block rewards there is huge potential which is already starting to show itself!
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SuperTramp (OP)
Legendary
Offline
Activity: 1073
Merit: 1000
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May 02, 2013, 06:34:32 AM |
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Passwords are hashed before storing on the server... been in discussion about this with the dev. He's put a crazy amount of effort into the security of the back end. Still, SSL is on his radar and should be implemented soon.
If you don't want to use the exchange until then, I'd completely understand. I think the main reason why he hasn't used it is because he is a HUGE fan of separating himself from the rest of the world via proxies. He, and about 90% of the people he deals with on the day-to-day basis already use such proxies so their data is secured from client-to-server-back to client, even without SSL.
I'm not making excuses. I'm just relaying the guys logic of why this has been a secondary priority.
Then why hasn't he implemented 2 factor authentication? I talked to the guy and suggested he at least support Yubikey. If you're gonna run a blind exchange you need to at least support. Even Bitcointalk runs with SSL. For this moment in time it's not an issue but considering the mathematics behind what Mincoin's actual value is, this is unsustainable. Mincoin was launched only last month so I'm cutting them some slack. Luckybit, it is being worked on. Please be patient. So far the security protocols are VERY good, but SSL *should* be added within 24-48hrs!  Thanks for your support! |
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BladeRunner
Full Member
Offline
Activity: 205
Merit: 100
Cheif Oompa Loompa.
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May 02, 2013, 06:38:53 AM |
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SuperTramp (OP)
Legendary
Offline
Activity: 1073
Merit: 1000
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May 02, 2013, 07:19:13 AM |
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yw!  |
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CaptChadd
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May 02, 2013, 11:58:58 AM |
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This is going nice and steady on the exchange, which is a great sign as it is still early days yet.
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flound1129
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May 02, 2013, 07:36:25 PM |
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Is the second pool bounty still available? I've added mincoin to www.multipool.in. stratum+tcp://multipool.in:3339/ |
Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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flound1129
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May 02, 2013, 07:38:14 PM |
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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CaptChadd
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May 02, 2013, 07:40:46 PM |
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Hashrate looking really good and the volume on the exchange is on the rise.
Time to invest in some more maybe.
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flound1129
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May 02, 2013, 10:04:19 PM |
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Well I just found two blocks and they're ALL MINE since nobody else is mining MNC yet on my pool |
Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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CaptChadd
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May 02, 2013, 10:27:14 PM |
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Well I just found two blocks and they're ALL MINE since nobody else is mining MNC yet on my pool Which pool is that? I will point a miner there tonight if I can, test it out. |
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