Dear All,
I think NxtCoin accounts are not so reliable. A few things to make it stronger.
When pass-phrase makes the nxtcoin account very easy to use, it may also introduce some random attacks.
I have seen so many posts around about their stolen funds.
Things to do:
1) Make it long, lets say more than 50 character and use a combination of capital, lowercase, numeric, signs etc...
2) Do not create a pass-phrase that makes sense! e.g. "jesuschrist" or "christmas", etc...
3) Do not create a password with grid pass-code with standard styles on your keyboard, e.g., QWERTASDFZXCV (Follow your keyboard, you will understand what I mean, because hackers first will look into standard and easy styles from keyboard).
4) Do not create a pass-phrase with any other coin address, especially if the account is your own! Hackers may check the addresses from block chain with high amounts, and try the account number as a pass-phrase. May work!
5) Only download nxtcoin software from nxtcoin's own website since there may be some malicious versions around. I have seen some incidents.
Final thing is for the nxtcoin founder;
Please create a limitation not to allow trying many other pass-phrases, this will stop hackers from brute forcing the accounts and stealing the funds.
I know something similar has been mentioned before. However, I have included more interesting points for safely keeping the accounts!
Please Donate if you like my post
NxtCoin: 15901266248952213649
