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Author Topic: NXT under serious attack! Sell now!  (Read 1040 times)
devphp (OP)
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June 16, 2014, 05:16:49 PM
Last edit: June 16, 2014, 05:32:28 PM by devphp
 #1

Just kidding Cheesy It's for you to pay attention. Now that you pay attention, I have a question for all naysayers and doubters who claim that NXT is vulnerable. How long should NXT run unbroken before you can admit it is secure enough? 1 year, 2 years?

EDIT: don't post no lols. Give your best well-thought answer you can come up with. I mean it. Look inside your doubting minds and post what you really think, however scary it may sound to admit or post publicly. Posting an honest answer requires manly conduct. Ok, let's hear from you now.
ChuckOne
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June 16, 2014, 05:18:33 PM
 #2

SELL!!!!!
DubFX
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June 16, 2014, 05:29:44 PM
 #3

SELL!!!!!
Did you even read anything besides thread title?
instacalm
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June 16, 2014, 05:31:54 PM
 #4

SELL!!!!!
Did you even read anything besides thread title?

Can you spot sarcasm, DubFX? Wink
devphp (OP)
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June 16, 2014, 05:37:17 PM
 #5

I'll be the first to answer my own question. 1 year. After 1 year I will have no doubts. Your turn now.
Nullu
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June 16, 2014, 05:39:11 PM
 #6

SELL!!!!!
Did you even read anything besides thread title?

Can you spot sarcasm, DubFX? Wink

Everyone knows you need six exclamation marks to show people you're being sarcastic.  Wink

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
ChuckOne
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June 16, 2014, 05:59:32 PM
 #7

SELL!!!!!
Did you even read anything besides thread title?

Can you spot sarcasm, DubFX? Wink

Everyone knows you need six exclamation marks to show people you're being sarcastic.  Wink

Exactly!!!!!!
ChuckOne
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June 16, 2014, 06:01:30 PM
 #8

I'll be the first to answer my own question. 1 year. After 1 year I will have no doubts. Your turn now.

Well, that is great question and a very bold suggestion.

I am not sure about this. In computer science, there is a rule:

Quote
There will be a bug.

So, actually we will never know. My suggestion to have it tested thoroughly is 5 years. But maybe, 2 years is sufficient for most people.
twospirit
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June 16, 2014, 06:03:03 PM
 #9

Everything sold, uffff!
ChuckOne
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June 16, 2014, 06:04:09 PM
 #10

Everything sold, uffff!

I will buy for 100 sats for 1 NXT. Wink
twospirit
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June 16, 2014, 06:09:21 PM
 #11

Everything sold, uffff!

I will buy for 100 sats for 1 NXT. Wink
My price is 9500  Grin
darkota
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June 16, 2014, 06:10:21 PM
 #12

SELL, SELL ALL YOUR NXT BEFORE IT DROPS TO NOTHINGNESS!!!

SELLL!!!!
devphp (OP)
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June 16, 2014, 06:12:39 PM
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Not many people with manly conduct so far.
twospirit
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June 16, 2014, 06:21:30 PM
 #14

In future could be the main security weakness the brainwallet.
ChuckOne
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June 16, 2014, 06:27:33 PM
 #15

In future could be the main security weakness the brainwallet.

Sure? Standard wallet makes it easier to steal it.
twospirit
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June 16, 2014, 06:31:54 PM
 #16

In future could be the main security weakness the brainwallet.

Sure? Standard wallet makes it easier to steal it.
No  Wink but one day in the future there could be a lot of computing power to bruteforce shorter passwords...or is it impossible?
instacalm
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June 16, 2014, 06:36:52 PM
 #17

No  Wink but one day in the future there could be a lot of computing power to bruteforce shorter passwords...or is it impossible?

Sure, it's possible to bruteforce weak passwords. Not strong passwords like the following two examples though:

Code:
doll about remember dwell mean simple princess spill thank doctor everytime whatever
Code:
3wQ4jE>dBpX;N36I4Af81]sE)er.6F/jU/JVr3b$[6p]KXAlpa
devphp (OP)
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June 16, 2014, 06:42:55 PM
 #18

In future could be the main security weakness the brainwallet.

You don't have to use the brainwallet if you don't want to. There is already a third-party client Offspring that uses wallet.dat just like Bitcoin, and there are plans to have the official client also offer the option of wallet.dat or brainwallet, per user choice. What is your answer to my question in the first post?
twospirit
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June 16, 2014, 07:13:42 PM
 #19

In future could be the main security weakness the brainwallet.

You don't have to use the brainwallet if you don't want to. There is already a third-party client Offspring that uses wallet.dat just like Bitcoin, and there are plans to have the official client also offer the option of wallet.dat or brainwallet, per user choice. What is your answer to my question in the first post?
To me, Nxt is already secure
ChuckOne
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June 16, 2014, 07:15:25 PM
 #20

In future could be the main security weakness the brainwallet.

Sure? Standard wallet makes it easier to steal it.
No  Wink but one day in the future there could be a lot of computing power to bruteforce shorter passwords...or is it impossible?

Yes. Because standard wallet means: the location of the wallet.dat file is known. So, it can be easily copied.

Brain wallet means: most people will store it somewhere.
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