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EvilDave
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January 25, 2014, 12:05:56 AM |
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It seems like a good idea to me, maybe just set a default time between log-in attempts of 10-30 seconds. That will at least slow directed BF attacks down considerably. However, there is nothing to stop the attacker attacking multiple accounts simultaneously, switching between targets as it gets locked out.
This won't help. They do not brute-force it like this. What matters is the amount of entropy in the passphrase. Please read what PBKDF2 is. It's even in principle possible to make a system where single word passwords like 'apple12' are safe, but key generation would be way too long. That makes sense, I'm still locked into thinking about how an attack on a PC or client software works, rather than how attacks against the blockchains password database are implemented. So the PBKDF2 function produces a derived key, using multiple (1000+) hashes of the original passphrase (+ optional salt phrase) which has the effect of massively ramping up the computing power needed to reverse engineer the hash and thus the password/phrase. Am I getting closer here? |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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NxtChg
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January 25, 2014, 12:11:54 AM |
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I have a 10 character password that has 100 Nxt in it, just letters and a # and it still hasn't been hacked. I think there is something going on here. Perhaps the same password used for something else?
Maybe because of that? |
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allwelder
Legendary
 Offline
Activity: 1512
Merit: 1004
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January 25, 2014, 12:13:53 AM |
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I create an new video about the Nxt with my friends. http://i.youku.com/nextcoinAnd I will continue to produce more videos about the other features or instructions of Nxt in order to promote Nxt forward. Well done. TKS  |
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newsilike
Sr. Member
Offline
Activity: 630
Merit: 262
This account was hacked. just recently got it back
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January 25, 2014, 12:17:42 AM |
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Hardware wallets like the trezor are a big factor. Ultimately your home-pc can always be compromised. Would be awesome if we could get such a thing going for Nxt in the future  |
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opticalcarrier
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January 25, 2014, 12:20:13 AM |
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But he has aliases
Yes I have 13 of them how long was your pass phrase? 11 Thats definitely not long enough. Should aim for at least 30 chars. Great, there goes my NXT experience. Hope you all do well. I have myself to blame. I have a 10 character password that has 100 Nxt in it, just letters and a # and it still hasn't been hacked. I think there is something going on here. Perhaps the same password used for something else? My guess, they are wating for you to put a bit more nxt in there before they reveal that the acount is comprimised by draining |
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PeercoinEnthusiast
Full Member
Offline
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
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January 25, 2014, 12:20:51 AM |
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The strippers better kick azz in Miami Beach.... still in Chi airport for 90 more min. The material Nikel has is super solid... he's more prepared than I've been at previous conferences.
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JustaBitofTime - Co-Founder of CoinTropolis - Currently assisting Nxt
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allwelder
Legendary
Offline
Activity: 1512
Merit: 1004
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January 25, 2014, 12:22:54 AM |
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there will be a demand for the fund for all these events: Berlin (February 12/13), Texas (March 6), Amsterdam (March, May), New York (April 7/8), Canada (April 11/13), Washington (June 20/22), Hong Kong (June 24/25), Melbourne (July 10/11), London (September 10), Shanghai (September), Las Vegas (October 6/7) After this week we will probably know what expenses we need It hurts my heart a little bit that all of these events are listed by CITY, except for the one in Toronto, which is listed as CANADA. I'm Canadian. Canada is the third-largest country on Earth, darnit, and the Bitcoin Expo is in TORONTO. Also, I'm sorry. And I think I'd like to go to the April event. Sorry for that, too. I also want to make a proposal:
I want to do a podcast "Let's Talk Nxt", if you will. I'm eager. PM me if you'd like to collaborate.good idea,count me in plz. |
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PeercoinEnthusiast
Full Member
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Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
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January 25, 2014, 12:24:26 AM |
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I introduced the guys at Zipzap to Nikel... I just received an email they want to meet during the conference. Any idea how big that would be? |
JustaBitofTime - Co-Founder of CoinTropolis - Currently assisting Nxt
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Damelon
Legendary
Offline
Activity: 1092
Merit: 1010
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January 25, 2014, 12:25:14 AM |
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The strippers better kick azz in Miami Beach.... still in Chi airport for 90 more min. The material Nikel has is super solid... he's more prepared than I've been at previous conferences.
How are you guys doing? |
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PeercoinEnthusiast
Full Member
Offline
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
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January 25, 2014, 12:28:43 AM |
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The strippers better kick azz in Miami Beach.... still in Chi airport for 90 more min. The material Nikel has is super solid... he's more prepared than I've been at previous conferences.
How are you guys doing? Nikel is one flight ahead of me... delays all day. No worries... i already did 2 phone inteviews and setup some Miami meetings. We are going in guns blazing. |
JustaBitofTime - Co-Founder of CoinTropolis - Currently assisting Nxt
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makoto1337
Legendary
Offline
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
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January 25, 2014, 12:32:30 AM |
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NXT is the only altcoin that is really moving the entire field forward. I hope things go well in Miami!
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McDoxy
Member
Offline
Activity: 96
Merit: 10
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January 25, 2014, 12:36:42 AM |
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The strippers better kick azz in Miami Beach.... still in Chi airport for 90 more min. The material Nikel has is super solid... he's more prepared than I've been at previous conferences.
How are you guys doing? Nikel is one flight ahead of me... delays all day. No worries... i already did 2 phone inteviews and setup some Miami meetings. We are going in guns blazing. You guys are awesome!  |
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PeercoinEnthusiast
Full Member
Offline
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
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January 25, 2014, 12:36:51 AM |
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NXT is the only altcoin that is really moving the entire field forward. I hope things go well in Miami!
We already contacted every speaker / merchant prior to the conference.Nikel will make great headway.. |
JustaBitofTime - Co-Founder of CoinTropolis - Currently assisting Nxt
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okaynow
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January 25, 2014, 12:37:04 AM |
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i'll just leave this here for all of you. You are all making an awesome work and i am proud to be a witness to this! |
1PeecNu1J8VNKpgR13nasMZWLcMZrwNJfc |
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PeercoinEnthusiast
Full Member
Offline
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
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January 25, 2014, 12:41:08 AM |
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Just received confirmation we have a payment processor meeting. I'm getting pumped... all the work from the Nxt community is coming together. Congrats.
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JustaBitofTime - Co-Founder of CoinTropolis - Currently assisting Nxt
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Damelon
Legendary
Offline
Activity: 1092
Merit: 1010
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January 25, 2014, 12:46:47 AM |
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Just received confirmation we have a payment processor meeting. I'm getting pumped... all the work from the Nxt community is coming together. Congrats.
Have an awesome time and enjoy yourselves immensely. |
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EvilDave
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January 25, 2014, 12:50:54 AM |
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I'm about to go do my VPS, just checked the SHA256 hash on the .zip file. It's 2 am, I should be in bed..... Anyone who isn't in bed, avoid a nasty forking, please upgrade If u r in bed...enjoy some nasty forking with your loved ones..... |
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EvilDave
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January 25, 2014, 12:52:51 AM |
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The strippers better kick azz in Miami Beach.... still in Chi airport for 90 more min. The material Nikel has is super solid... he's more prepared than I've been at previous conferences.
How are you guys doing? Nikel is one flight ahead of me... delays all day. No worries... i already did 2 phone inteviews and setup some Miami meetings. We are going in guns blazing. <Thumbs up> Nice one, guys, go get 'em. |
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