gts476
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June 23, 2014, 05:22:29 PM |
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Another nice thing to have would be a feature that unlocks wallet "for staking only". Some other PoS coins use it already and I like the idea, what do you think? This would only be an issue if someone had access physically to your system, if the happens, there is no reason why they couldn't just lift your private key from a backup file. So all leaving your wallet would do is save the guy 5 minutes. If someone has access your wallet, they have already won. (yes, I know they might not have your password, but be real, is it like 8-10 letters or 50 random symbols? your password is gunna get brute forced in a few min also. After all, CRYPTO currency!)
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zyronx
Legendary
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Activity: 1078
Merit: 1001
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June 23, 2014, 06:06:42 PM |
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yay I got my 9 coins for helping with the POW! oh yeah! lol
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UdjinM6
Legendary
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Activity: 1318
Merit: 1040
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June 23, 2014, 06:15:54 PM |
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Well, that's it for PoW! Payouts (totals since start): CWbPEgm3RUVQKkzEASuv17cn6yegtmiiNC 160831.930141 CaFZjyF7tWK2sGe16VZMfyKwfwwMSg5oAG 20973.283384 CfT3dkGzytTji2Z8gzfEmypyhMZn9ovaMP 6349.193302 CYenMQcbdP2AE4qDe59knkMwKCpLR7XDog 1449.425378 CJ7i4XpmGicJkGhdmm37VL7cg5XNXCutFa 1183.790817 CSgkGfjck6gPXTD5sKZag76kPHm6G6ukQW 956.625718 CVBKKF6XjasFKnYhZJMWHLGwce4tbBzEDr 935.146854 Cf4NVuKT59kmgpz6rrogNtTwScjK21PpJx 763.732607 CLevPUWpHpEJRM4DQna1qMAVj7dwyAQE7Z 596.933021 CKzouSmztZNnn25Etq7ftqJ8aK94hgN1a7 469.087903 CZRijTVrYnz7V214NMatXUR2LgMRTxyZzF 154.029782 CJJYxewfZ7uqJfRwwpMEnfjg6D7fvj6S1Y 127.494763 CdF8u2CmuysZChdKNhnDQAPctKKRm6LxbW 43.022756 CT4p7n2F8kACba34SSK4o6AsyAXsKfZxt1 15.994574 CUeSVaoYf2wZLkFJvHhwCYc3vyUHQndQ5u 12.874426 CWE555Rb7x9ZkwxwijmM6835SipCDAXjKb 9.128204 CJKHdrtiLECQXDijXsPz9amZjdDgCNBHwf 1.414174 CP7WzFSdgcQb3Wt3EEnq27JgW2PXqhmHxV 0.878450 CUUijsLLiQLsR25qikpQuX8GmE2ssrK9sJ 0.187260 CWfw5pPa7ma7nAuKSqF3LXMW2gHz618rpd 0.169752 Total payouts are 194 874,343266 C2!!!yay I got my 9 coins for helping with the POW! oh yeah! lol Final payouts was made for every miner who had over 0.1 C2 balance
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DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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oldandgrey
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June 23, 2014, 06:31:52 PM |
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Another nice thing to have would be a feature that unlocks wallet "for staking only". Some other PoS coins use it already and I like the idea, what do you think? This would only be an issue if someone had access physically to your system, if the happens, there is no reason why they couldn't just lift your private key from a backup file. So all leaving your wallet would do is save the guy 5 minutes. If someone has access your wallet, they have already won. (yes, I know they might not have your password, but be real, is it like 8-10 letters or 50 random symbols? your password is gunna get brute forced in a few min also. After all, CRYPTO currency!) Ok, so assuming you had a reasonable balance in your wallet and C2 price has rocketed. You are now sitting with a not inconsiderable amount in your wallet. How do you stake to help protect the network but also remain secure. In fact how would you protect yourself period. For example your house is burgled and laptop/ computer stolen with your wallet onboard. From what you are saying you are relying on getting online ASAP on another computer using the backup copy of your wallet that you keep close at all times, create a new address and transfer the C2 to this address before the burglar has a chance to use his super duper crypto decoder program. What do we think should be recommended "Good Practice" for folk to use when purchasing C2?
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Coin2.1: UwSmkRvKBUmxQSzJ8N9T5SSy3BBeW86wS Hyper : HVRL9P7tEfG8NBnfuk1Qo26jNsnhxHhZu8
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gts476
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June 23, 2014, 06:36:04 PM |
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Another nice thing to have would be a feature that unlocks wallet "for staking only". Some other PoS coins use it already and I like the idea, what do you think? This would only be an issue if someone had access physically to your system, if the happens, there is no reason why they couldn't just lift your private key from a backup file. So all leaving your wallet would do is save the guy 5 minutes. If someone has access your wallet, they have already won. (yes, I know they might not have your password, but be real, is it like 8-10 letters or 50 random symbols? your password is gunna get brute forced in a few min also. After all, CRYPTO currency!) Ok, so assuming you had a reasonable balance in your wallet and C2 price has rocketed. You are now sitting with a not inconsiderable amount in your wallet. How do you stake to help protect the network but also remain secure. In fact how would you protect yourself period. For example your house is burgled and laptop/ computer stolen with your wallet onboard. From what you are saying you are relying on getting online ASAP on another computer using the backup copy of your wallet that you keep close at all times, create a new address and transfer the C2 to this address before the burglar has a chance to use his super duper crypto decoder program. What do we think should be recommended "Good Practice" for folk to use when purchasing C2? encrypt the shit out of your wallet, keep back ups of the wallet.dat, don't leave your wallet open if your not in attendance (laptop). whats the big deal?
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zyronx
Legendary
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Activity: 1078
Merit: 1001
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June 23, 2014, 06:38:17 PM |
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Another nice thing to have would be a feature that unlocks wallet "for staking only". Some other PoS coins use it already and I like the idea, what do you think? This would only be an issue if someone had access physically to your system, if the happens, there is no reason why they couldn't just lift your private key from a backup file. So all leaving your wallet would do is save the guy 5 minutes. If someone has access your wallet, they have already won. (yes, I know they might not have your password, but be real, is it like 8-10 letters or 50 random symbols? your password is gunna get brute forced in a few min also. After all, CRYPTO currency!) Ok, so assuming you had a reasonable balance in your wallet and C2 price has rocketed. You are now sitting with a not inconsiderable amount in your wallet. How do you stake to help protect the network but also remain secure. In fact how would you protect yourself period. For example your house is burgled and laptop/ computer stolen with your wallet onboard. From what you are saying you are relying on getting online ASAP on another computer using the backup copy of your wallet that you keep close at all times, create a new address and transfer the C2 to this address before the burglar has a chance to use his super duper crypto decoder program. What do we think should be recommended "Good Practice" for folk to use when purchasing C2? that is if the thief even knew what crypto currencies are. most thieves are drug addicts and will just try to unload it at the pawnshop or sell to some other loser.
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Souldream
Legendary
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Activity: 1110
Merit: 1000
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June 23, 2014, 07:27:22 PM |
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yay I got my 9 coins for helping with the POW! oh yeah! lol Coins2.1 is a community ... you helped , let me help u :-) It is not big but ... enjoy !
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zyronx
Legendary
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Activity: 1078
Merit: 1001
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June 23, 2014, 07:33:00 PM |
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yay I got my 9 coins for helping with the POW! oh yeah! lol Coins2.1 is a community ... you helped , let me help u :-) It is not big but ... enjoy ! thanks so much SoulDream I appreciate that!
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zyronx
Legendary
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Activity: 1078
Merit: 1001
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June 23, 2014, 07:41:03 PM |
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The POW Has Been Released from the chain gang! Time to load up your C2.1 Don't Get Left Behind!
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Wolf_of_Wallstreet
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June 23, 2014, 07:43:25 PM |
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Another nice thing to have would be a feature that unlocks wallet "for staking only". Some other PoS coins use it already and I like the idea, what do you think? This would only be an issue if someone had access physically to your system, if the happens, there is no reason why they couldn't just lift your private key from a backup file. So all leaving your wallet would do is save the guy 5 minutes.
If someone has access your wallet, they have already won. (yes, I know they might not have your password, but be real, is it like 8-10 letters or 50 random symbols? your password is gunna get brute forced in a few min also. After all, CRYPTO currency!)Ok, so assuming you had a reasonable balance in your wallet and C2 price has rocketed. You are now sitting with a not inconsiderable amount in your wallet. How do you stake to help protect the network but also remain secure. In fact how would you protect yourself period. For example your house is burgled and laptop/ computer stolen with your wallet onboard. From what you are saying you are relying on getting online ASAP on another computer using the backup copy of your wallet that you keep close at all times, create a new address and transfer the C2 to this address before the burglar has a chance to use his super duper crypto decoder program. What do we think should be recommended "Good Practice" for folk to use when purchasing C2? encrypt the shit out of your wallet, keep back ups of the wallet.dat, don't leave your wallet open if your not in attendance (laptop). whats the big deal? Let me get this right... let us take a computer in an Active directory with multiple users where several people share a computer on a daily basis. With a wallet "unencrypted" I don't have to say more. With an encrypted wallet you make sure noone gets access to it and spend your coins, isn't that the whole point of encryption? I don't want to be rude now but if you don't use encryption that's your own fault, but please do not assume everyone uses lame passwords... I doubt you crack a secure password with a bruteforce software, at least not in 5 minutes more as you point out...[maybe if you're stupid and use "password" as your password * rofl*]. But in my opinion it is bullshit that if someone just has my encrypted wallet he has "won" as you say ?!? But honestly, who the hack does not encrypt his wallet nowadays?! Now please explain how to lift a pvt key from a backup wallet that is encrypted?
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zyronx
Legendary
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Activity: 1078
Merit: 1001
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June 23, 2014, 07:48:53 PM |
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Another nice thing to have would be a feature that unlocks wallet "for staking only". Some other PoS coins use it already and I like the idea, what do you think? This would only be an issue if someone had access physically to your system, if the happens, there is no reason why they couldn't just lift your private key from a backup file. So all leaving your wallet would do is save the guy 5 minutes.
If someone has access your wallet, they have already won. (yes, I know they might not have your password, but be real, is it like 8-10 letters or 50 random symbols? your password is gunna get brute forced in a few min also. After all, CRYPTO currency!)Ok, so assuming you had a reasonable balance in your wallet and C2 price has rocketed. You are now sitting with a not inconsiderable amount in your wallet. How do you stake to help protect the network but also remain secure. In fact how would you protect yourself period. For example your house is burgled and laptop/ computer stolen with your wallet onboard. From what you are saying you are relying on getting online ASAP on another computer using the backup copy of your wallet that you keep close at all times, create a new address and transfer the C2 to this address before the burglar has a chance to use his super duper crypto decoder program. What do we think should be recommended "Good Practice" for folk to use when purchasing C2? encrypt the shit out of your wallet, keep back ups of the wallet.dat, don't leave your wallet open if your not in attendance (laptop). whats the big deal? Let me get this right... let us take a computer in an Active directory with multiple users where several people share a computer on a daily basis. With a wallet "unencrypted" I don't have to say more. With an encrypted wallet you make sure noone gets access to it and spend your coins, isn't that the whole point of encryption? I don't want to be rude now but if you don't use encryption that's your own fault, but please do not assume everyone uses lame passwords... I doubt you crack a secure password with a bruteforce software, at least not in 5 minutes more as you point out...[maybe if you're stupid and use "password" as your password * rofl*]. But in my opinion it is bullshit that if someone just has my encrypted wallet he has "won" as you say ?!? But honestly, who the hack does not encrypt his wallet nowadays?! Now please explain how to lift a pvt key from a backup wallet that is encrypted? I agree, if you are using words maybe. I don't know a lot about hacking. yet most of the bruteforce programs are mainly words. if you have a huge string of numbers. that could take forever if impossible to crack. the combinations are extrodinary.
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oldandgrey
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June 23, 2014, 07:55:48 PM Last edit: June 23, 2014, 08:26:08 PM by oldandgrey |
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Ok, so assuming you had a reasonable balance in your wallet and C2 price has rocketed. You are now sitting with a not inconsiderable amount in your wallet. How do you stake to help protect the network but also remain secure. In fact how would you protect yourself period. For example your house is burgled and laptop/ computer stolen with your wallet onboard. From what you are saying you are relying on getting online ASAP on another computer using the backup copy of your wallet that you keep close at all times, create a new address and transfer the C2 to this address before the burglar has a chance to use his super duper crypto decoder program. What do we think should be recommended "Good Practice" for folk to use when purchasing C2? [/quote] encrypt the shit out of your wallet, keep back ups of the wallet.dat, don't leave your wallet open if your not in attendance (laptop). whats the big deal? [/quote] 1 We are going to have multiple users joining the forum in hopefully the not too distant future wanting get into C2. So when they ask how to start and what is the best way to install software and secure the network it would appear that the answer we give will be "what the big deal? Encrypt the shit out of your wallet, keep back ups of the wallet.dat, don't leave your wallet open if your not in attendance (laptop) and forget about staking to secure the network unless you are sitting in front of your screen. 2 If C2 ever gets to £1 per coin then all the holders in the current top 100 (almost) and dear knows how many with their coins on an exchange will be sitting with £100,000+ sitting on their computer. That would make me want to think carefully about security. 3 I thought it might make for some intelligent discussion while we are waiting for things to start to happen. For anyone interested a few links:- http://www.cryptobadger.com/2013/05/guide-bitcoin-wallet-security/comment-page-1/#commentshttp://www.thrivenotes.com/secure-and-backup-your-crypto-coins/https://en.bitcoin.it/wiki/Securing_your_walletThese are written for other coins but the principals are the same. The short story appears to be that if you stake then you are at risk. The best solution appears to be to create a wallet with multiple addresses. Encrypt it to death then take multiple backups and store them securely somewhere. Then delete the wallet and create a new one. This wallet will be your day to day wallet and once your wallet reaches a value above your comfort level you transfer some of your coins to one of the addresses in your backed up wallet. This allows you to stake at least some of your coins. Any better solutions that allow staking? Ps I wouldn't even dream of using a simple password on a wallet. I prefer random characters of a sensible length - considerably longer than 10 chars. I assume you have also been blessed never to have been the victim of a virus etc. The above approach would at least minimise your loss. Likewise unless you plan to implement something like this you tend to keep putting off taking a backup of your wallet until your hard disk dies when it's too late.
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Coin2.1: UwSmkRvKBUmxQSzJ8N9T5SSy3BBeW86wS Hyper : HVRL9P7tEfG8NBnfuk1Qo26jNsnhxHhZu8
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zyronx
Legendary
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Activity: 1078
Merit: 1001
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June 23, 2014, 08:05:37 PM |
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poor 42coinfever
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oldandgrey
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June 23, 2014, 09:03:03 PM |
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This is an interesting topic and I think oldandgrey is totally right: We should care about this. I'm not feeling comfortable as well with the current system because 30% stake is a huge opportunity but due to the unlocked wallet also a huge risk. I'm thinking about finally closing my wallet and keeping it safe, but I'm too greedy. But I sure don't feel safe. You can't even choose the option to lock outgoing transactions when the wallet is unlocked, this is a real security problem. Other people (now or in the future) might feel alike, not everyone has the same comfort zone. We really should think about and work on this, because only if c2 is safe to use people will put trust in it and we will get beyond 10k satoshi. Well put Jan. When reading some of the links I came across the following :- The situation is made somewhat more confusing because the receiving addresses shown in the UI are not the only keys in your wallet. Each Bitcoin generation is given a new public key, and, more importantly, each sent transaction also sends some number of Bitcoins back to yourself at a new key. When sending Bitcoins to anyone, you generate a new keypair for yourself and simultaneously send Bitcoins to your new public key and the actual recipient's public key. This is an anonymity feature – it makes tracking Bitcoin transactions much more difficult. So if you create a backup, do more than 100 things that cause a new key to be used, and then restore from the backup, some Bitcoins will be lost. I appreciate it refers to bitcoin but as a crypto newbie I wonder is it also true for C2? Also I wonder would it be possible to use something like google 2 factor authentication for authenticating any outbound transactions? Would this be enough to provide reasonable protection to an unlocked wallet? I seem to remember seeing some wallets of other coins implementing this but cannot remember which. I don't know enough about how things work to know if this would help. Perhaps the devs could comment in their spare time I appreciate that something like this if accepted would be further down the line as the devs are flat out already.
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Coin2.1: UwSmkRvKBUmxQSzJ8N9T5SSy3BBeW86wS Hyper : HVRL9P7tEfG8NBnfuk1Qo26jNsnhxHhZu8
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Skatebird
Legendary
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Activity: 882
Merit: 1000
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June 23, 2014, 09:15:12 PM |
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Another whale just moved his 2 millions C2.1 off mintpal exchange
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wheelz1200
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Activity: 3766
Merit: 1418
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June 23, 2014, 11:55:08 PM |
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Bittzy I think its you with joels account. Can you explain the page 1 document and how they dont match up. Sorry but im not following it. Turned my brain off for the night, mondays ya know.
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nickquest
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June 24, 2014, 12:49:35 AM |
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Bittzy I think its you with joels account. Can you explain the page 1 document and how they dont match up. Sorry but im not following it. Turned my brain off for the night, mondays ya know.
i also have a question: Since I moved my coins to my mac os wallet, the blockchain shows only half of the coins in my wallet. The wallet itself shows the correct account, test-transactions I made to mintpal went through without problems. Maybe my wallet isn't the only one with this problem. This could explain the difference. Also, should I be worried? I don't want to send it all back to mintpal just to check if it's "real". I got it from mintpal after the swap and am staking since. I noticed a similar thing. The devs explained that the blockchain shows address balances not wallet balances. Do you have multiple receive addresses?
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UdjinM6
Legendary
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Activity: 1318
Merit: 1040
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June 24, 2014, 01:20:45 AM |
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Bittzy I think its you with joels account. Can you explain the page 1 document and how they dont match up. Sorry but im not following it. Turned my brain off for the night, mondays ya know.
i also have a question: Since I moved my coins to my mac os wallet, the blockchain shows only half of the coins in my wallet. The wallet itself shows the correct account, test-transactions I made to mintpal went through without problems. Maybe my wallet isn't the only one with this problem. This could explain the difference. Also, should I be worried? I don't want to send it all back to mintpal just to check if it's "real". I got it from mintpal after the swap and am staking since. Can you please provide your address here or pm it to me so I can take a closer look?
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DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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fushy
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June 24, 2014, 01:51:18 AM |
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Now that PoW is over will the exchanges be lowering the deposit confirmations?
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Bittzy78
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Activity: 1176
Merit: 1019
I do not give financial advice .. do your own DD
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June 24, 2014, 03:36:09 AM |
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Now that PoW is over will the exchanges be lowering the deposit confirmations?
I talked with Polo on their trollbox and they said it will be lowered substantially. Mintpal will only lower it to 200 for now.
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