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Author Topic: [ANN] [XEL] :: XEL - The Decentralized Supercomputer ::  (Read 240611 times)
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percocet
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July 13, 2017, 12:38:51 PM
 #1601

I don't quite understand forging on the web wallet. When I log in it says I am forging even though I never specified that anywhere. Is it enabled by default?

Also, when I log out I am give a choice between "Logout" and "Logout and Stop Forging". So if I choose just Logout and then shutdown the browser, the wallet is still forging?



That's right. It's enabled by default.

And if you logout, forging continues in the background, even if your browser is shut down.

Thanks for the explanation! Is it safer to NOT forge using the web wallet or does it not make a difference? I know when you login obviously your credentials are sent to the server but I"m wondering if leaving it on forging opens up some other attack vectors.
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July 13, 2017, 12:45:01 PM
 #1602

I don't quite understand forging on the web wallet. When I log in it says I am forging even though I never specified that anywhere. Is it enabled by default?

Also, when I log out I am give a choice between "Logout" and "Logout and Stop Forging". So if I choose just Logout and then shutdown the browser, the wallet is still forging?



That's right. It's enabled by default.

And if you logout, forging continues in the background, even if your browser is shut down.

Thanks for the explanation! Is it safer to NOT forge using the web wallet or does it not make a difference? I know when you login obviously your credentials are sent to the server but I"m wondering if leaving it on forging opens up some other attack vectors.

Well, according to the developer's words, it's not safe, unless you trust the node owner.

To clarify - it is not safe to forge with the online wallet, correct?

Correct

why it's not safe?

BEcause t generate blocks, the client needs to know your passphrase - because every block you generate will need to be signed (on the node which you use for forging). If you use a local node, this is safe! If you use a remote node, you must trust it not to log your passphrase and empty your wallet at some point in the future.
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July 13, 2017, 12:49:55 PM
 #1603

XEM ICO price was at 2(!) Satoshi - 2.250.000 for 0.045 BTC. Now it's at 5k Satoshi.

That's just plain wrong.

that´s so wrong I don´t even know where to start.  
but what's coin supply?
Xem has 8,999,999,999 XEM total supply (circulating amount is equal)
and if coinmarketcap tells correct XEL has Circulating Supply
80,461,214 XEL
Total Supply
100,000,000 XEL
so 10times less..


Total Supply is 100,000,000 XEL, but only 80,461,214 have been claimed till now. The Rest is still in Genesis Account. I'm sure there will never be claimed the full Supply. Some may not remember they donated, some lost they private Keys, ...

And by the Way, Elastic has nothing to do with XEM, XEL is based on nxt.

I haven't claimed my coins yet. That's my retirement fund or my kid's trust fund stash.  Wink



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July 13, 2017, 05:38:19 PM
 #1604

Is this coin forgeable?
How to do that? Cheesy
I just started to buy XEL, that is great news for me that I can forge, so I will be gratefull if you can help Smiley
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July 13, 2017, 06:48:42 PM
 #1605


Time to accumulate between 8000 sats to 12000 sats.

XEL's future is bright.

Look at medium term and see it at 80.000-100.000 Sats Smiley

price depends on a lot of things
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July 13, 2017, 07:30:12 PM
 #1606

Is this coin forgeable?
How to do that? Cheesy
I just started to buy XEL, that is great news for me that I can forge, so I will be gratefull if you can help Smiley


If you have the wallet all it takes is clicking on "Forging" at the top and entering your password.  Make sure you are running on your own computer though.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

Check out my posts on Steemit.com if you like medical posts with occasional photography, art and the odd bit of crypto commentary:

https://steemit.com/@thecryptofiend
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July 13, 2017, 07:49:58 PM
 #1607

It requires full wallet, yes?
Unlike like Xem or LSK or Waves where's ability to "stake" delegated?..

Is full wallet resource-consuming?
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July 13, 2017, 07:56:31 PM
 #1608

Is this coin forgeable?
How to do that? Cheesy
I just started to buy XEL, that is great news for me that I can forge, so I will be gratefull if you can help Smiley


If you have the wallet all it takes is clicking on "Forging" at the top and entering your password.  Make sure you are running on your own computer though.

To forge you also need at least 1000 XEL on a balance (confirmed by 750 blocks) and make sure that port 17874 is open.
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July 13, 2017, 09:33:43 PM
 #1609

It requires full wallet, yes?
Unlike like Xem or LSK or Waves where's ability to "stake" delegated?..

Is full wallet resource-consuming?


Yes but it doesn't take a huge amount of resources - I have it running in the background.  Delegation or Leasing isn't available yet.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

Check out my posts on Steemit.com if you like medical posts with occasional photography, art and the odd bit of crypto commentary:

https://steemit.com/@thecryptofiend
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July 13, 2017, 10:48:04 PM
 #1610

It requires full wallet, yes?
Unlike like Xem or LSK or Waves where's ability to "stake" delegated?..

Is full wallet resource-consuming?


Yes but it doesn't take a huge amount of resources - I have it running in the background.  Delegation or Leasing isn't available yet.

Any update from EK or the Devs lately?

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July 14, 2017, 12:38:12 AM
 #1611

Whats the best and safest way, to store XEL for the long haul?

AIDOS KUNEEN - Offshore Banking with anonymous DAG Technology - Instant conversion to Fiat - ADK
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July 14, 2017, 07:18:21 AM
 #1612

XEM ICO price was at 2(!) Satoshi - 2.250.000 for 0.045 BTC. Now it's at 5k Satoshi.

That's just plain wrong.

that´s so wrong I don´t even know where to start.  
but what's coin supply?
Xem has 8,999,999,999 XEM total supply (circulating amount is equal)
and if coinmarketcap tells correct XEL has Circulating Supply
80,461,214 XEL
Total Supply
100,000,000 XEL
so 10times less..


Total Supply is 100,000,000 XEL, but only 80,461,214 have been claimed till now. The Rest is still in Genesis Account. I'm sure there will never be claimed the full Supply. Some may not remember they donated, some lost they private Keys, ...

And by the Way, Elastic has nothing to do with XEM, XEL is based on nxt.

I haven't claimed my coins yet. That's my retirement fund or my kid's trust fund stash.  Wink

Like long term value stocks. Grin
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July 14, 2017, 12:09:48 PM
 #1613

Whats the best and safest way, to store XEL for the long haul?

On the downloadable Elastic Wallet is the best and safest way. https://github.com/unvo1d/Elastic-XEL-Litewallet/releases
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July 14, 2017, 12:17:08 PM
 #1614

This is an amazing donation and i hope that all donators will show their love to devs and contributors.As soon as i redeem i'll donate at least 5% of my coins.
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My old account was "Ghoom" (hacked) u=199247


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July 14, 2017, 02:09:15 PM
 #1615

Head to Head: Golem (GNT) & Elastic (XEL)

https://cryptocanucks.com/head-head-golem-gnt-elastic-xel/

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July 14, 2017, 09:47:04 PM
 #1616

Are there Paperwallets?

AIDOS KUNEEN - Offshore Banking with anonymous DAG Technology - Instant conversion to Fiat - ADK
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July 14, 2017, 09:49:53 PM
 #1617




I am also curious of the interest rate on forging.

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July 15, 2017, 04:31:57 AM
 #1618

I want to ask for what is the use of XEL as a means of payment or what Huh
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July 15, 2017, 04:41:37 AM
 #1619

How many devs are working on the project?
Whats the next big ticket item in the roadmap?
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July 15, 2017, 05:10:38 AM
 #1620

I want to ask for what is the use of XEL as a means of payment or what Huh

Many things XEL will be able to do... has it's own programmable code.   

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