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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2984145 times)
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Gizfreak
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October 15, 2015, 07:29:39 PM
 #19961

Ok it seems there is an issue on Chrome, I'm on it.

Seems fixed here, now it should work
I can confirm it Smiley
Thx for the quick fix
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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October 16, 2015, 05:45:39 AM
 #19962

it's working for me again too.  Smiley

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R I Z E N
.......White Paper....... .......Node System and Sidechains....... .......Help Desk.......





 
   


   
 
   
Nortan12rx
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October 16, 2015, 06:18:34 AM
 #19963

thx for fix faucet! Smiley
i'll be rich Wink
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October 16, 2015, 11:48:34 AM
 #19964

Okay, now it seems to work. After clicking the button a countdown appears. i need to check later, if i have got any XEM. Btw, i am using Chrome browser with Ubuntu Linux.

Hello,
i just tried to claim my first NEM through the faucet on faucet.nem.io but there is no functionality behind the button. i typed in my address and the captcha but the button got grey after clicking and nothing happens. is the faucet working?

Hey',
Yes it's working, try again Wink
greentea
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October 16, 2015, 03:35:28 PM
 #19965

Go ninja, go ninja, go!

https://news.bitcoin.com/permissioned-blockchains-interview-takao-asayama/

NEM   NanoWallet   SuperNodes   Apostille   Landstead   Catapult   Mijin
▃▃▃▅▅▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▅▅▅▃▃▃
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October 16, 2015, 05:04:06 PM
 #19966


I like the news coverage

❘|❘ ICONOMI Fund Management Platform
LINK TO ICO | LINK TO DISCUSSION
tyz
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October 16, 2015, 06:31:24 PM
 #19967

Thanks for fixing the issues. The faucet is also working for me again. i am using Google Chrome browser, too.
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October 16, 2015, 08:13:25 PM
 #19968


Actually interesting news, but still no hype and only >800 views...

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(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
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October 16, 2015, 09:47:42 PM
 #19969


Its awesome news!

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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October 17, 2015, 08:20:39 AM
 #19970

Correct me if I am wrong but NEM is vulnerable when it comes to the following;

- "Whoever has knowledge of a private key has full control over the associated funds", which implies that if somebody is somehow able to guess your passwords he or she has only full access to your funds if they have access to the wallet file? So that's pretty safe right?

- Somebody who is able to guess your key has by definition access to all your funds? I think this is risky, especially with the coming quantum computers. I think it would be better if a key alone is not enough to hack all your funds. Or am I missing something?  Huh

I like to speculate
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October 17, 2015, 08:22:57 AM
 #19971

I would feel much more secure if both the NEM Wallet file AND the keyfile were necessary to enter your account and transfer funds...

I like to speculate
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October 17, 2015, 08:36:08 AM
 #19972

why have a keyfile in the first place if it only brings with it insecurity?  Huh

I like to speculate
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October 17, 2015, 08:39:07 AM
 #19973

Also if you export your wallet (which is making a back up of your wallet), then you automatically also have a back-up of your keyfiles right? So you don't need to safe keyfiles themselves specifically? honestly I think keyfiles are a pain in the ass and I don't know what they are good for...

I like to speculate
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October 17, 2015, 08:39:28 AM
 #19974

Correct me if I am wrong but NEM is vulnerable when it comes to the following;

- "Whoever has knowledge of a private key has full control over the associated funds", which implies that if somebody is somehow able to guess your passwords he or she has only full access to your funds if they have access to the wallet file? So that's pretty safe right?

- Somebody who is able to guess your key has by definition access to all your funds? I think this is risky, especially with the coming quantum computers. I think it would be better if a key alone is not enough to hack all your funds. Or am I missing something?  Huh

If your able to guess that key then the NSA will hire you no questions asked and pay whatever you want.

b1007
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October 17, 2015, 08:41:19 AM
 #19975

Correct me if I am wrong but NEM is vulnerable when it comes to the following;

- "Whoever has knowledge of a private key has full control over the associated funds", which implies that if somebody is somehow able to guess your passwords he or she has only full access to your funds if they have access to the wallet file? So that's pretty safe right?

- Somebody who is able to guess your key has by definition access to all your funds? I think this is risky, especially with the coming quantum computers. I think it would be better if a key alone is not enough to hack all your funds. Or am I missing something?  Huh

If your able to guess that key then the NSA will hire you no questions asked and pay whatever you want.

I was talking about quantum computers...not guessing...

I like to speculate
patmast3r
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October 17, 2015, 08:44:52 AM
 #19976

Also if you export your wallet (which is making a back up of your wallet), then you automatically also have a back-up of your keyfiles right? So you don't need to safe keyfiles yourself. honestly I think keyfiles are a pain in the ass and I don't know what they are good for...

I think you still didn't look at all into it and have actually no idea what you are talking about. I'm sorry to be so blunt but it's gettin a bit annoying Undecided

What do you mean by keyfile ?

You have 1 or more wallets. 1 wallet can hold many accounts but that doesn't even matter right now.
Your wallet is an encrypted file stored locally on your computer that hold your key.
Noone can decrypt it without the password you chose and as long as you don't pick a crappy password.
Noone will be able to guess your key unless he is the luckies son of a bitch in the entire universe.

Bitcoin uses the same system. Ever heard of a wallet being compromised by guessing a key ?

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October 17, 2015, 08:48:19 AM
 #19977

Correct me if I am wrong but NEM is vulnerable when it comes to the following;

- "Whoever has knowledge of a private key has full control over the associated funds", which implies that if somebody is somehow able to guess your passwords he or she has only full access to your funds if they have access to the wallet file? So that's pretty safe right?

- Somebody who is able to guess your key has by definition access to all your funds? I think this is risky, especially with the coming quantum computers. I think it would be better if a key alone is not enough to hack all your funds. Or am I missing something?  Huh

If your able to guess that key then the NSA will hire you no questions asked and pay whatever you want.

I was talking about quantum computers...not guessing...

NEMs wallets are no more or less secure than other cryptos right now.
You wanna worry about something ? Worry about this https://thehackernews.com/2015/10/nsa-crack-encryption.html

That puts your bank account at a whole lot more risk than your NEM wallet.

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October 17, 2015, 08:54:20 AM
 #19978

Also if you export your wallet (which is making a back up of your wallet), then you automatically also have a back-up of your keyfiles right? So you don't need to safe keyfiles yourself. honestly I think keyfiles are a pain in the ass and I don't know what they are good for...

I think you still didn't look at all into it and have actually no idea what you are talking about. I'm sorry to be so blunt but it's gettin a bit annoying Undecided

What do you mean by keyfile ?

You have 1 or more wallets. 1 wallet can hold many accounts but that doesn't even matter right now.
Your wallet is an encrypted file stored locally on your computer that hold your key.
Noone can decrypt it without the password you chose and as long as you don't pick a crappy password.
Noone will be able to guess your key unless he is the luckies son of a bitch in the entire universe.

Bitcoin uses the same system. Ever heard of a wallet being compromised by guessing a key ?

I am just not familiar with keyfiles that's all, didn't even know bitcoin uses keyfiles as well. When I hear the term "key" I get the impression that somehow it's a necessary file/password to perform transactions and that you have to use it a lot. To you they may be basic noob questions but if the attitude is "stfu noob" then only a few crypto nerds will join the NEM platform and this thing won't take off. After all, isn't this project supposed to also serve the poor in Africa?  how are they supposed to get it? Or is NEM meant to be a platform for a crypto elite?

I like to speculate
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October 17, 2015, 08:56:59 AM
 #19979

Correct me if I am wrong but NEM is vulnerable when it comes to the following;

- "Whoever has knowledge of a private key has full control over the associated funds", which implies that if somebody is somehow able to guess your passwords he or she has only full access to your funds if they have access to the wallet file? So that's pretty safe right?

- Somebody who is able to guess your key has by definition access to all your funds? I think this is risky, especially with the coming quantum computers. I think it would be better if a key alone is not enough to hack all your funds. Or am I missing something?  Huh

If your able to guess that key then the NSA will hire you no questions asked and pay whatever you want.

I was talking about quantum computers...not guessing...

NEMs wallets are no more or less secure than other cryptos right now.
You wanna worry about something ? Worry about this https://thehackernews.com/2015/10/nsa-crack-encryption.html

That puts your bank account at a whole lot more risk than your NEM wallet.

That's some scary sh%t ! The US is acting like a global dictatorship..

I like to speculate
patmast3r
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October 17, 2015, 09:02:28 AM
 #19980

Also if you export your wallet (which is making a back up of your wallet), then you automatically also have a back-up of your keyfiles right? So you don't need to safe keyfiles yourself. honestly I think keyfiles are a pain in the ass and I don't know what they are good for...

I think you still didn't look at all into it and have actually no idea what you are talking about. I'm sorry to be so blunt but it's gettin a bit annoying Undecided

What do you mean by keyfile ?

You have 1 or more wallets. 1 wallet can hold many accounts but that doesn't even matter right now.
Your wallet is an encrypted file stored locally on your computer that hold your key.
Noone can decrypt it without the password you chose and as long as you don't pick a crappy password.
Noone will be able to guess your key unless he is the luckies son of a bitch in the entire universe.

Bitcoin uses the same system. Ever heard of a wallet being compromised by guessing a key ?

I am just not familiar with keyfiles that's all, didn't even know bitcoin uses keyfiles as well. When I hear the term "key" I get the impression that somehow it's a necessary file/password to perform transactions and that you have to use it a lot. To you they may be basic noob questions but if the attitude is "stfu noob" then only a few crypto nerds will join the NEM platform and this thing won't take off. After all, isn't this project supposed to serve the poor in Africa? If somebody with university qualifications does not quite get it, how are they supposed to get it? Or is NEM meant to be a platform for a crypto elite?

The attitude is not stfup noob and I'm sorry if that was the impression i gave you. The attitude is plz read the links multiple people have provided and come back if you have any further questions instead of asking variations of the same question over and over again.

You could say the key is a necessary file/password (shouldn't but could for arguments sake) to perform transactions. The thing is it's a very long and random password so noone will be able to guess it. Since you won't be able to remember it it is stored in a file which is what everyone refers to as wallet. You don't want anyone else to  be able to access that key so the wallet is encrypted with another password that you get to choose. So you have a password to decrypt your wallet and that is actually all you need. The key itself will be used by the client in the background. The client will ask you for your password, decrypt the wallet and use the key.
So what you as a user need to transact is your wallet (i.e. the file that is stored) and the password you chose when creating the wallet. The key is something that is handled by the client in the background.

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