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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761608 times)
EvilDave
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January 25, 2014, 12:05:56 AM
 #23661

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?


Nulli Dei, nulli Reges, solum NXT
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January 25, 2014, 12:11:54 AM
 #23662

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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January 25, 2014, 12:13:53 AM
 #23663

I create an new video about the Nxt with my friends.
http://i.youku.com/nextcoin

And I will continue to produce more videos about the other features or instructions of Nxt in order to promote Nxt forward.


Well done.

TKS Wink

 
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January 25, 2014, 12:17:42 AM
 #23664

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 Smiley
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January 25, 2014, 12:18:15 AM
 #23665

You have a little bit than 24h to upgrade to 0.5.10 or you will be left on a fork (http://info.nxtcrypto.org/client-update-0-5-10/).
I don't see many 0.5.10 online peers.
Just a reminder...

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January 25, 2014, 12:20:13 AM
 #23666


Quote
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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January 25, 2014, 12:20:51 AM
 #23667

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.

JustaBitofTime - Co-Founder of CoinTropolis - Currently assisting Nxt
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January 25, 2014, 12:22:54 AM
 #23668


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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January 25, 2014, 12:24:26 AM
 #23669

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? Smiley

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January 25, 2014, 12:25:14 AM
 #23670

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? Smiley

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January 25, 2014, 12:28:43 AM
 #23671

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? Smiley

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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January 25, 2014, 12:32:30 AM
 #23672

NXT is the only altcoin that is really moving the entire field forward. I hope things go well in Miami!

                
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January 25, 2014, 12:36:08 AM
 #23673

Another Chinese altcoin navigation website agree to add Nxt on their mainpage after I apply for  and submit the Nxt information.
https://www.dropbox.com/s/pi4db3lygir2gq3/SZB.jpg

http://www.szb123.cn/nxt/

 
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January 25, 2014, 12:36:42 AM
 #23674

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? Smiley

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!  Cool
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January 25, 2014, 12:36:51 AM
 #23675

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..

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January 25, 2014, 12:37:04 AM
 #23676

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!

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January 25, 2014, 12:41:08 AM
 #23677

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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January 25, 2014, 12:46:47 AM
 #23678

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. Smiley

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
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January 25, 2014, 12:50:54 AM
 #23679

You have a little bit than 24h to upgrade to 0.5.10 or you will be left on a fork (http://info.nxtcrypto.org/client-update-0-5-10/).
I don't see many 0.5.10 online peers.
Just a reminder...

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..... Cool

Nulli Dei, nulli Reges, solum NXT
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January 25, 2014, 12:52:51 AM
 #23680

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? Smiley

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.

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
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