Bitcoin Forum
July 28, 2017, 01:14:17 PM *
News: BIP91 seems stable: there's probably only slightly increased risk of confirmations disappearing. You should still prepare for Aug 1.
 
   Home   Help Search Donate Login Register  
Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

Pages: « 1 ... 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 [462] 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1940938 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 07, 2014, 01:17:34 AM
 #9221

from the NXT homepage:

"The difference between the Nxt Brain Wallet and Bitcoin is there is no automated generation of your passphrase/private key and there is no wallet.dat-like file. A Bitcoin private key still can be bruteforced without access to created wallet.dat file."

who's desperate?  that is blatant false advertising.

but thats true? a private key is a string of characters yes? why can a string of characters not be brute forced the same as brain wallets? theres no difference. a seed password for an electrum wallet can be brute forced, its just harder the longer the passphrase is, same goes for nxt passphrases. stop spreading fud.

i read that sentence several times and it's referring to private keys generated in a wallet.dat.  private keys in the Bitcoin-qt wallet are randomly generated integers btwn 1 and 2256  that then are used to create 256 bit public keys via the trapdoor ECDLP.  then the public key gets sequentially hashed via sha256 and then ripemd160 creating an address with 160 bits of security.  these are not brute forceable by any known means in any feasible timeframe.

yes, NXT is spreading FUD.
1501247657
Hero Member
*
Offline Offline

Posts: 1501247657

View Profile Personal Message (Offline)

Ignore
1501247657
Reply with quote  #2

1501247657
Report to moderator
1501247657
Hero Member
*
Offline Offline

Posts: 1501247657

View Profile Personal Message (Offline)

Ignore
1501247657
Reply with quote  #2

1501247657
Report to moderator
1501247657
Hero Member
*
Offline Offline

Posts: 1501247657

View Profile Personal Message (Offline)

Ignore
1501247657
Reply with quote  #2

1501247657
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1501247657
Hero Member
*
Offline Offline

Posts: 1501247657

View Profile Personal Message (Offline)

Ignore
1501247657
Reply with quote  #2

1501247657
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 07, 2014, 01:20:31 AM
 #9222

Bitcoin and alts diverging again.  just look at Litecoin and Ripple:

kodtycoon
Hero Member
*****
Offline Offline

Activity: 672



View Profile
July 07, 2014, 01:23:56 AM
 #9223

from the NXT homepage:

"The difference between the Nxt Brain Wallet and Bitcoin is there is no automated generation of your passphrase/private key and there is no wallet.dat-like file. A Bitcoin private key still can be bruteforced without access to created wallet.dat file."

who's desperate?  that is blatant false advertising.

but thats true? a private key is a string of characters yes? why can a string of characters not be brute forced the same as brain wallets? theres no difference. a seed password for an electrum wallet can be brute forced, its just harder the longer the passphrase is, same goes for nxt passphrases. stop spreading fud.

i read that sentence several times and it's referring to private keys generated in a wallet.dat.  private keys in the Bitcoin-qt wallet are randomly generated 2256 integers that then are used to create 2256 public keys via ECDLP.  then the public key gets sequentially hashed via sha256 and then ripemd160 creating an address with 2160 bits of security.  these are not brute forceable by any known means in any feasible timeframe.

yes, NXT is spreading FUD.

im guna do something that few people do on this forum and admit that i could be/probably am wrong about bruteforcing private keys. but the tech behind nxt still stands and if some misinformation on a website is the only argument you can come up with against nxt as a technology, i see that as progress.

can you link to where it says that about brute forcing private keys?

_mr_e
Legendary
*
Offline Offline

Activity: 817



View Profile
July 07, 2014, 01:30:17 AM
 #9224

from the NXT homepage:

"The difference between the Nxt Brain Wallet and Bitcoin is there is no automated generation of your passphrase/private key and there is no wallet.dat-like file. A Bitcoin private key still can be bruteforced without access to created wallet.dat file."

who's desperate?  that is blatant false advertising.

I think what it is saying is that theoretically somebody somewhere could generate the same private key as you without needing your wallet.dat (although insanely unlikely). With Nxt you can actually claim and lock down an account so that even if somebody generated the same one they wouldn't be able to use it.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 07, 2014, 01:31:19 AM
 #9225

from the NXT homepage:

"The difference between the Nxt Brain Wallet and Bitcoin is there is no automated generation of your passphrase/private key and there is no wallet.dat-like file. A Bitcoin private key still can be bruteforced without access to created wallet.dat file."

who's desperate?  that is blatant false advertising.

I think what it is saying is that theoretically somebody somewhere could generate the same private key as you with Bitcoin (although insanely unlikely). With Nxt you can actually claim and lock down an account so that even if somebody generated the same one they wouldn't be able to use it.

it's very clear what it is saying and it's not anything close to your interpretation.
_mr_e
Legendary
*
Offline Offline

Activity: 817



View Profile
July 07, 2014, 01:40:06 AM
 #9226

Well either way, that site is pretty crap, you'd be much better off reading the wiki: http://wiki.nxtcrypto.org/wiki/Main_Page. Especially the current and planned features section.
_mr_e
Legendary
*
Offline Offline

Activity: 817



View Profile
July 07, 2014, 01:43:52 AM
 #9227


can you link to where it says that about brute forcing private keys?

http://www.nxtcommunity.org/

Scroll down under Brain Wallets...


Why is that website so bad?
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 07, 2014, 01:49:15 AM
 #9228

Well either way, that site is pretty crap, you'd be much better off reading the wiki: http://wiki.nxtcrypto.org/wiki/Main_Page. Especially the current and planned features section.

is this a fair summary of what NXT is?  

http://wiki.nxtcrypto.org/wiki/Nxt_Wiki
kodtycoon
Hero Member
*****
Offline Offline

Activity: 672



View Profile
July 07, 2014, 01:53:21 AM
 #9229

Well either way, that site is pretty crap, you'd be much better off reading the wiki: http://wiki.nxtcrypto.org/wiki/Main_Page. Especially the current and planned features section.

is this a fair summary of what NXT is?  

http://wiki.nxtcrypto.org/wiki/Nxt_Wiki

absolute bare bones. yes.

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 07, 2014, 02:12:48 AM
 #9230



im guna do something that few people do on this forum and admit that i could be/probably am wrong about bruteforcing private keys. but the tech behind nxt still stands and if some misinformation on a website is the only argument you can come up with against nxt as a technology, i see that as progress.

can you link to where it says that about brute forcing private keys?

that's ok, i won't consider you a complete idiot.  b/c i'm sure you're getting confused btwn proper RNG (like that recorded from the static from your cpu chip or from dice rolling like on bitaddress.org) vs. improper RNG of the 256bit privkeys as with "horse battery staple" brain wallets.   these generate non-random privkeys that CAN be brute forced b/c there are too many idiots who use these types of weak phrases.  what the hackers are doing are running dictionary attacks on commonly used phrases/words that have been either used in the past or exist in tomes like the Bible.  

as to the mechanics of privkey generation, use Google. Wink
windjc
Legendary
*
Offline Offline

Activity: 1288



View Profile
July 07, 2014, 02:16:36 AM
 #9231


can you link to where it says that about brute forcing private keys?

http://www.nxtcommunity.org/

Scroll down under Brain Wallets...


Why is that website so bad?

That's not an official site. There is no official site, but NXT.org is much closer to it than that outdated site people are referencing as a source for discussion.

Let us not cherry pick please.

If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
Cranky4u
Hero Member
*****
Offline Offline

Activity: 811



View Profile WWW
July 07, 2014, 02:18:17 AM
 #9232

death to ripple?

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 07, 2014, 02:21:40 AM
 #9233


can you link to where it says that about brute forcing private keys?

http://www.nxtcommunity.org/

Scroll down under Brain Wallets...


Why is that website so bad?

That's not an official site. There is no official site, but NXT.org is much closer to it than that outdated site people are referencing as a source for discussion.

Let us not cherry pick please.

wow, how convenient.  w/o an official site i guess you can accuse us of cherry picking no matter what site we quote.

do you at least agree with kodtycoon that the site i linked to above is a reasonable approximation of what NXT is at this moment so we can have a reference point to have a conversation?  or is it THAT fluid?
kodtycoon
Hero Member
*****
Offline Offline

Activity: 672



View Profile
July 07, 2014, 02:25:45 AM
 #9234



im guna do something that few people do on this forum and admit that i could be/probably am wrong about bruteforcing private keys. but the tech behind nxt still stands and if some misinformation on a website is the only argument you can come up with against nxt as a technology, i see that as progress.

can you link to where it says that about brute forcing private keys?

that's ok, i won't consider you a complete idiot.  b/c i'm sure you're getting confused btwn proper RNG (like that recorded from the static from your cpu chip or from dice rolling like on bitaddress.org) vs. improper RNG of the 2256 bit privkeys as with "horse battery staple" brain wallets.   these generate non-random privkeys that CAN be brute forced b/c there are too many idiots who use these types of weak phrases.  what the hackers are doing are running dictionary attacks on commonly used phrases/words that have been either used in the past or exist in tombs like the Bible.  

as to the mechanics of privkey generation, use Google. Wink

i know how they hack passphrases by using bots to access thousands of accounts with common or simple passphrases then monitor those accounts for deposits and as soon as ones used its opened and funds stolen. im ot an idiot. those who use those simple passwords, are.


and you dont need to be so damn offensive. thats what you get for admitting your wrong. you need to learn some common decency and get out of the basement for a while.

and this isnt a discussion, its turned into you being totally insulting towards me after i admitted that i was wrong, which is far more than most people in this forum have the balls to do and im probably less than half the age of most of you. im done with this "discussion".


justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
July 07, 2014, 02:29:54 AM
 #9235

and you dont need to be so damn offensive. thats what you get for admitting your wrong. you need to learn some common decency and get out of the basement for a while.
http://en.wikipedia.org/wiki/Projection_%28psychology%29
kodtycoon
Hero Member
*****
Offline Offline

Activity: 672



View Profile
July 07, 2014, 02:33:54 AM
 #9236

and you dont need to be so damn offensive. thats what you get for admitting your wrong. you need to learn some common decency and get out of the basement for a while.
http://en.wikipedia.org/wiki/Projection_%28psychology%29
"defend themselves against unpleasant impulses by denying their existence in themselves, while attributing them to others"

i wasnt rude/unpleasant to anyone until he was towards me. so how is this valid?

if anything i was the opposite by being polite and admitting i was wrong and requesting the source of the information in question so it could be questioned/corrected. then i get called an idiot for not knowing what i didnt know. and now im getting accused of "Psychological projection".

wtf?

windjc
Legendary
*
Offline Offline

Activity: 1288



View Profile
July 07, 2014, 02:44:17 AM
 #9237


can you link to where it says that about brute forcing private keys?

http://www.nxtcommunity.org/

Scroll down under Brain Wallets...


Why is that website so bad?

That's not an official site. There is no official site, but NXT.org is much closer to it than that outdated site people are referencing as a source for discussion.

Let us not cherry pick please.

wow, how convenient.  w/o an official site i guess you can accuse us of cherry picking no matter what site we quote.

do you at least agree with kodtycoon that the site i linked to above is a reasonable approximation of what NXT is at this moment so we can have a reference point to have a conversation?  or is it THAT fluid?

You want a reference point, go to nxtforum.org and engage a conversation with one of the couple of dozen or so developers.

And what's the official bitcoin site? Bitcoinfoundation.org?

Yeah, I guess we will just reference everything about bitcoin from there, lol.

Ps: and who is this "us" I'm accusing. NXT is about 7.5% of my current portfolio. Btc is about 80%.

You sir sound like an angry and defensive man.



If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 07, 2014, 02:49:35 AM
 #9238


can you link to where it says that about brute forcing private keys?

http://www.nxtcommunity.org/

Scroll down under Brain Wallets...


Why is that website so bad?

That's not an official site. There is no official site, but NXT.org is much closer to it than that outdated site people are referencing as a source for discussion.

Let us not cherry pick please.

wow, how convenient.  w/o an official site i guess you can accuse us of cherry picking no matter what site we quote.

do you at least agree with kodtycoon that the site i linked to above is a reasonable approximation of what NXT is at this moment so we can have a reference point to have a conversation?  or is it THAT fluid?

You want a reference point, go to nxtforum.org and engage a conversation with one of the couple of dozen or so developers.

And what's the official bitcoin site? Bitcoinfoundation.org?

Yeah, I guess we will just reference everything about bitcoin from there, lol.

Ps: and who is this "us" I'm accusing. NXT is about 7.5% of my current portfolio. Btc is about 80%.

You sir sound like an angry and defensive man.




that US.
windjc
Legendary
*
Offline Offline

Activity: 1288



View Profile
July 07, 2014, 02:55:02 AM
 #9239


can you link to where it says that about brute forcing private keys?

http://www.nxtcommunity.org/

Scroll down under Brain Wallets...


Why is that website so bad?

That's not an official site. There is no official site, but NXT.org is much closer to it than that outdated site people are referencing as a source for discussion.

Let us not cherry pick please.

wow, how convenient.  w/o an official site i guess you can accuse us of cherry picking no matter what site we quote.

do you at least agree with kodtycoon that the site i linked to above is a reasonable approximation of what NXT is at this moment so we can have a reference point to have a conversation?  or is it THAT fluid?

You want a reference point, go to nxtforum.org and engage a conversation with one of the couple of dozen or so developers.

And what's the official bitcoin site? Bitcoinfoundation.org?

Yeah, I guess we will just reference everything about bitcoin from there, lol.

Ps: and who is this "us" I'm accusing. NXT is about 7.5% of my current portfolio. Btc is about 80%.

You sir sound like an angry and defensive man.




that US.

It sounded like that us.

If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
kodtycoon
Hero Member
*****
Offline Offline

Activity: 672



View Profile
July 07, 2014, 02:56:26 AM
 #9240


can you link to where it says that about brute forcing private keys?

http://www.nxtcommunity.org/

Scroll down under Brain Wallets...


Why is that website so bad?

That's not an official site. There is no official site, but NXT.org is much closer to it than that outdated site people are referencing as a source for discussion.

Let us not cherry pick please.

wow, how convenient.  w/o an official site i guess you can accuse us of cherry picking no matter what site we quote.

do you at least agree with kodtycoon that the site i linked to above is a reasonable approximation of what NXT is at this moment so we can have a reference point to have a conversation?  or is it THAT fluid?

You want a reference point, go to nxtforum.org and engage a conversation with one of the couple of dozen or so developers.

And what's the official bitcoin site? Bitcoinfoundation.org?

Yeah, I guess we will just reference everything about bitcoin from there, lol.

Ps: and who is this "us" I'm accusing. NXT is about 7.5% of my current portfolio. Btc is about 80%.

You sir sound like an angry and defensive man.




that US.

It sounded like that us.

thats the US i read too and the only one that makes sense in this context.

Pages: « 1 ... 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 [462] 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 ... 1558 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!