NXT :: descendant of Bitcoin - Updated Information

[Damelon]

If the only thing needed to access an address is the password, what would happen if more than 1 addresses have the same password?

you would access the same account which is why choosing a truly strong and unique password is of key importance

e.g. try to put "test" as password and you'll see that you have access to that particular test account

I know that it's very unlikely to use the same long password in 2 different addresses, but the problem is that someone could just spam different passwords and randomly hit some existing addresses.

I found one just by guessing:

qwertyuiopasdfghjklzxcvbnm
(I did not steal the coins, they were gone already.)

I guess this is the 12345 of long passwords!

Eventually, even long passwords will have a top 1000 of most used. People are too lazy to invent secure passwords.

That´s their problem, isn´t it?

If you are dumb enough to put a bad lock on your house, you shouldn´t be surprised if things get stolen either.

I have no pity for people who are sloppy with their computer security. It´s simple enough to use a good password generator. If you aren´t even willing to do that, you basically deserve to be robbed at some point.

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[timmyd]

If the only thing needed to access an address is the password, what would happen if more than 1 addresses have the same password?

you would access the same account which is why choosing a truly strong and unique password is of key importance

e.g. try to put "test" as password and you'll see that you have access to that particular test account

I know that it's very unlikely to use the same long password in 2 different addresses, but the problem is that someone could just spam different passwords and randomly hit some existing addresses.

I found one just by guessing:

qwertyuiopasdfghjklzxcvbnm
(I did not steal the coins, they were gone already.)

I guess this is the 12345 of long passwords!

Eventually, even long passwords will have a top 1000 of most used. People are too lazy to invent secure passwords.

its abit like this,
i may leave £500 in my weak ass safety deposit box in my house(weak password)
i wouldnt do the same with say £1,000,000 id leave it in a massive fortknox style safe(strong account)
everyone who currently holds NXT has the option to create another secure account with a longer password. if you havnt done so already then u are asking for trouble

[fragout]

If the only thing needed to access an address is the password, what would happen if more than 1 addresses have the same password?

you would access the same account which is why choosing a truly strong and unique password is of key importance

e.g. try to put "test" as password and you'll see that you have access to that particular test account

I know that it's very unlikely to use the same long password in 2 different addresses, but the problem is that someone could just spam different passwords and randomly hit some existing addresses.

thats why we are advised to use strong randon character password ie 50+ letters number symbols

Even with long passwords, it could be profitable to have hacker farms spamming random passwords, if Nxt prices increases enough to be worth the effort.

alot of time and energy would be needed to do so, my pass comes in at infinite years to crack on password strength website

Unless of course the hackers run the password strength website

[timmyd]

If the only thing needed to access an address is the password, what would happen if more than 1 addresses have the same password?

you would access the same account which is why choosing a truly strong and unique password is of key importance

e.g. try to put "test" as password and you'll see that you have access to that particular test account

I know that it's very unlikely to use the same long password in 2 different addresses, but the problem is that someone could just spam different passwords and randomly hit some existing addresses.

thats why we are advised to use strong randon character password ie 50+ letters number symbols

Even with long passwords, it could be profitable to have hacker farms spamming random passwords, if Nxt prices increases enough to be worth the effort.

alot of time and energy would be needed to do so, my pass comes in at infinite years to crack on password strength website

Unless of course the hackers run the password strength website

this is tru my friend but i didnt use exactly the same characters, same length just swapped a @ sign for a ? and so on, i wouldnt reccomend anyone to type their passphrase exactly into any password website

[brooklynbtc]

Also, has anyone experimented with large weight hallmarks? ie 1000
Or will that simply be a zombie lure? and then clog up the block chains like we saw on 0.4.4 ?

[Damelon]

If the only thing needed to access an address is the password, what would happen if more than 1 addresses have the same password?

you would access the same account which is why choosing a truly strong and unique password is of key importance

e.g. try to put "test" as password and you'll see that you have access to that particular test account

I know that it's very unlikely to use the same long password in 2 different addresses, but the problem is that someone could just spam different passwords and randomly hit some existing addresses.

thats why we are advised to use strong randon character password ie 50+ letters number symbols

Even with long passwords, it could be profitable to have hacker farms spamming random passwords, if Nxt prices increases enough to be worth the effort.

alot of time and energy would be needed to do so, my pass comes in at infinite years to crack on password strength website

Unless of course the hackers run the password strength website

This is the same kind of argument as saying "unless the locksmith made multiple keys".
Just like the locksmith would need to follow you home, the hacker would first need to know where you are going to use that pass.

[landomata]

Nxt can cross 100 million dollar marketcap anytime now 

[timmyd]

If the only thing needed to access an address is the password, what would happen if more than 1 addresses have the same password?

you would access the same account which is why choosing a truly strong and unique password is of key importance

e.g. try to put "test" as password and you'll see that you have access to that particular test account

I know that it's very unlikely to use the same long password in 2 different addresses, but the problem is that someone could just spam different passwords and randomly hit some existing addresses.

thats why we are advised to use strong randon character password ie 50+ letters number symbols

Even with long passwords, it could be profitable to have hacker farms spamming random passwords, if Nxt prices increases enough to be worth the effort.

alot of time and energy would be needed to do so, my pass comes in at infinite years to crack on password strength website

Unless of course the hackers run the password strength website

This is the same kind of argument as saying "unless the locksmith made multiple keys".
Just like the locksmith would need to follow you home, the hacker would first need to know where you are going to use that pass.

+1 its a dangerous world out there, fear everyone lol

[laowai80]

Also, has anyone experimented with large weight hallmarks? ie 1000
Or will that simply be a zombie lure? and then clog up the block chains like we saw on 0.4.4 ?

yeah, I run large weight for a guy who contacted me to run his nodes,
DDoS never ends

so need more testing to find out what Weight wastes how much bandwidth/RAM etc.

[timmyd]

www.dgex.com is suffering again site seems to be down as we were aproaching 0.00013000btc

[davidoski]

Nxt can cross 100 million dollar marketcap anytime now  

dgex.com is inaccessible so it may be difficult

we need decentralised exchange urgently

[landomata]

Nxt can cross 100 million dollar marketcap anytime now 

dgex.com is inaccessible so it may be difficult

if not today then surely tmmr...i will be happy when it crosses one trillion   

[brooklynbtc]

Hey Ferment,  are those your 34,785nxt hallmarked nodes? do you have any insight on weight vs RAM?

Also, what are we even looking for in testing these nodes? Ha!

I assume, ability to stay up to date while connecting to many peers. What about timing out these dead peers? Wouldn't that benefit in fighting the zombies?

[Come-from-Beyond]

www.dgex.com is suffering again site seems to be down as we were aproaching 0.00013000btc

At some point we'll hit a wall coz 1 NXT fee becomes too expensive. The next wall will be at 100-fold capitalization coz fee will be 0.01 NXT.

[davethetrousers]

Someone forgot my hallmarked node 109.230.224.65:

WellKnowPeers easyCopyString:
95.85.46.233; 162.243.140.133; 146.185.129.54; 162.243.117.63; 192.241.155.44; 162.243.214.68; 95.85.46.164; 162.243.216.55; 162.243.143.15; 95.85.46.249; 93.190.92.74; 37.209.120.192; 93.190.92.75; 85.25.134.59; 93.190.92.76; vps1.nxtcrypto.org;  vps2.nxtcrypto.org;  vps3.nxtcrypto.org;  vps4.nxtcrypto.org;  vps5.nxtcrypto.org; nxtwallet.com; 31.220.50.208; nxt.ddos.me; 203.174.12.25; 88.198.142.92; 109.230.224.65;

[laowai80]

Someone forgot my hallmarked node 109.230.224.65:

WellKnowPeers easyCopyString:
95.85.46.233; 162.243.140.133; 146.185.129.54; 162.243.117.63; 192.241.155.44; 162.243.214.68; 95.85.46.164; 162.243.216.55; 162.243.143.15; 95.85.46.249; 93.190.92.74; 37.209.120.192; 93.190.92.75; 85.25.134.59; 93.190.92.76; vps1.nxtcrypto.org;  vps2.nxtcrypto.org;  vps3.nxtcrypto.org;  vps4.nxtcrypto.org;  vps5.nxtcrypto.org; nxtwallet.com; 31.220.50.208; nxt.ddos.me; 203.174.12.25; 88.198.142.92; 66.197.138.90; 64.120.180.106; 109.230.224.65;

here, I fixed it for you

[btc24]

 Don't forget about nxtalk.org while nextcoin is down. We need moderators. New bounties and new forum features are coming soon.

[timmyd]

www.dgex.com is suffering again site seems to be down as we were aproaching 0.00013000btc

At some point we'll hit a wall coz 1 NXT fee becomes too expensive. The next wall will be at 100-fold capitalization coz fee will be 0.01 NXT.

what sort of a time scale are we looking at before the nxt cents 0.00 ? are implimented?

[Come-from-Beyond]

Taking into account that history repeats itself... At what mark will Nxt price go down?

[Come-from-Beyond]

what sort of a time scale are we looking at before the nxt cents 0.00 ? are implimented?

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