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Author Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)  (Read 445118 times)
Scalextrix
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March 28, 2017, 11:25:04 AM
 #4881

I'm curious about your thoughts on how to balance wallet staking with security. While on the one hand, it seems advantageous to stake your entire wallet, but on the other hand, cold storage is the most secure way to protect against hackers. How risky is it for the larger wallet holders (esp. those over 100k in SLR) to be continually active staking all their coins? This might not be a large concern right now with a market cap of under $4 million, but as the value of SLR rises, then it might make more sense to choose security over staking. Thoughts?
If you have a strong wallet passphrase, what is the risk?  Im genuinely asking the question.

SolarCoin Address: 8cESoZyjFvx2Deq6VjQLqPfAwu8UXjcBkK
Gridcoin Address: SAuPu8zarzQykWLGwxc6JRvW3imM8YU9wc
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solarcoiner
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March 28, 2017, 11:38:08 AM
Last edit: March 28, 2017, 12:13:02 PM by solarcoiner
 #4882

I'm curious about your thoughts on how to balance wallet staking with security. While on the one hand, it seems advantageous to stake your entire wallet, but on the other hand, cold storage is the most secure way to protect against hackers. How risky is it for the larger wallet holders (esp. those over 100k in SLR) to be continually active staking all their coins? This might not be a large concern right now with a market cap of under $4 million, but as the value of SLR rises, then it might make more sense to choose security over staking. Thoughts?
If you have a strong wallet passphrase, what is the risk?  Im genuinely asking the question.

Well yeah I guess if you have a VERY strong password the risk would be minimal.

Here is how I see it: Just like with bitcoin, the move value SLR gains the higher the chance that hackers will get a taste for Solarcoins. Remember hackers dont care. All they want is fast money. As of right now the Solarcoin project is still very small to say the least! However I do see this changing rapidly over time. A wallet with over 100k SLR could easily become worth a LOT. That would in effect attract hackers and give them more incentive to try and get access to SLR wallets.

In theory you should be pretty safe because a hacker would need your wallet.dat file and your password. But hey im not a hacker so I dont know the exact details of how it would be done. My point is the more value is kept in one place, the more attractive it will become for people trying to steal it. The main issue is the constant connection to the internet.

Im not too worried right now but I would love to see something similar to the account leasing function on NXT

Edit: And to be honest I dont see the price of BTC going down much further. I think its only up from here. Price was under 1000$ for a VERY short period Smiley looks like 1000$ is the new floor but its too early to tell. My point is I do expect SLR and BTC to continue rising in the near future. Nothing can stop Bitcoin :p
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March 28, 2017, 01:59:59 PM
 #4883

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.
Scalextrix
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March 28, 2017, 03:24:25 PM
 #4884

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.
I started wondering the other day why wallets dont offer 2FA like the exchanges are offering, I expect Google Authenticator isnt open sourced (I didnt look) but there must be an alternative

SolarCoin Address: 8cESoZyjFvx2Deq6VjQLqPfAwu8UXjcBkK
Gridcoin Address: SAuPu8zarzQykWLGwxc6JRvW3imM8YU9wc
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March 28, 2017, 04:41:34 PM
 #4885

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.
I started wondering the other day why wallets dont offer 2FA like the exchanges are offering, I expect Google Authenticator isnt open sourced (I didnt look) but there must be an alternative


2FA beware https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/&refURL=https://www.google.com/&referrer=https://www.google.com/
passionsurf
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March 28, 2017, 06:21:06 PM
 #4886

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.

Would I be correct to assume that if my wallet was running in an Apple environment rather than Windows environment, that my coins might be safer?
passionsurf
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March 28, 2017, 06:23:01 PM
 #4887

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.
I started wondering the other day why wallets dont offer 2FA like the exchanges are offering, I expect Google Authenticator isnt open sourced (I didnt look) but there must be an alternative


2FA beware https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/&refURL=https://www.google.com/&referrer=https://www.google.com/

I just read this Forbes article a few days ago. That is actually what prompted by initial question about wallet security.
vipgelsi
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March 29, 2017, 02:58:21 AM
 #4888

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.

Would I be correct to assume that if my wallet was running in an Apple environment rather than Windows environment, that my coins might be safer?

http://www.ibtimes.com/nope-apple-computers-arent-more-secure-windows-theyre-just-attacked-less-2334220
vipgelsi
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March 29, 2017, 03:00:05 AM
 #4889

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.
I started wondering the other day why wallets dont offer 2FA like the exchanges are offering, I expect Google Authenticator isnt open sourced (I didnt look) but there must be an alternative


2FA beware https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/&refURL=https://www.google.com/&referrer=https://www.google.com/

I just read this Forbes article a few days ago. That is actually what prompted by initial question about wallet security.

Yes same here.
solarcoiner
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March 29, 2017, 08:42:28 AM
 #4890

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.

Would I be correct to assume that if my wallet was running in an Apple environment rather than Windows environment, that my coins might be safer?

Yes your coins would be in a somewhat sefer environment
solarcoiner
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March 29, 2017, 08:44:03 AM
Last edit: March 29, 2017, 11:32:18 AM by solarcoiner
 #4891

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.

I dont think a antivirus is a must. In fact I think it will actually increase your risk of getting your coins stolen

Think about it. Its a program that scans all of your files 24/7 and sends info back to their LAB. Now you're not the only one who knows you have coins on your PC. A firewall is a must though

To be honest Kaspersky probably has the best hackers working for them (creating malware and viruses for consumers Machines). So NO I dont trust them. Just like I dont trust the gouvernment. They probablyhave a backdoor in their software
Solarama
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March 31, 2017, 01:37:52 PM
 #4892

SOLARCOIN makes the final 6 at Blockshow Europe 2017

http://events.cointelegraph.com/start-up-competition/#1488630129851-b5b887f6-9a46
solarcoiner
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March 31, 2017, 02:59:29 PM
 #4893


Lets Go Solarcoin!!!  Grin To the sun
vipgelsi
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March 31, 2017, 03:10:55 PM
 #4894

Solarcoin great job!
solarcoiner
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April 01, 2017, 11:47:03 AM
Last edit: April 01, 2017, 12:00:56 PM by solarcoiner
 #4895


Lets Go Solarcoin!!!  Grin To the sun

Probably partially explains the recent boost in price. Maybe we'll see a repeat of what happened a year ago with the SLR market,
Just imagine if Solar Change wins the blockshow competition next week!

I believe we will see prices way above 1$! Fingers crossed! Just look at all the other shitcoins that have more supply and are traded at a higher price. A 100 BTC buy would catapult the price of SLR so high up it would make us dizzy  Tongue
N30
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April 01, 2017, 05:22:34 PM
 #4896

SLR DEv Team you all guys rock!
solarcoiner
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April 02, 2017, 09:13:55 AM
Last edit: April 02, 2017, 09:57:57 AM by solarcoiner
 #4897

SLR DEv Team you all guys rock!

Yes let's take the time to thank the SLR devs for all their efforts over the last couple of years. A BIG THANK YOU  Cheesy
Scalextrix
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April 02, 2017, 03:58:34 PM
 #4898

No matter how long your password is Your biggest risk is key loggers and mouse click captures. Windows virtual keyboard protects against none of these and gives a false sense of security it was only designed for ease of use.

Oxynger is not fool proof but cant hurt.

Free=  http://www.oxynger.com/

Review= http://www.ghacks.net/2013/10/19/anti-keylogger-software-oxynger-keyshield-review/

Of course a firewall and anti virus protection is a must.
I started wondering the other day why wallets dont offer 2FA like the exchanges are offering, I expect Google Authenticator isnt open sourced (I didnt look) but there must be an alternative


2FA beware https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/&refURL=https://www.google.com/&referrer=https://www.google.com/
Sure Im aware of that thanks, I use 2FA with an authenticator app and never use the text message or email types.  I suppose the app method it must have weakspots too (everything does), but unless they get your physical phone, and you dont notice, and they crack your long passphrase, its better than just a passphrase on its own.

SolarCoin Address: 8cESoZyjFvx2Deq6VjQLqPfAwu8UXjcBkK
Gridcoin Address: SAuPu8zarzQykWLGwxc6JRvW3imM8YU9wc
OgNasty
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April 04, 2017, 04:44:03 AM
 #4899

Doing some reading up on this and seeing how my solar project can get involved!

https://bitcointalk.org/index.php?topic=1783328.0

Alao
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April 04, 2017, 01:10:51 PM
 #4900

Doing some reading up on this and seeing how my solar project can get involved!

https://bitcointalk.org/index.php?topic=1783328.0


I looked over it and you should get in contract with the Foundation. I'm assuming your not connected to the "grid" so they would need to verify the amount of Solar Energy you a free estimate producing for your miners. You should be entitled to 1 SLR for every Megawatt of electricity that you produce. I'm not sure how much your installation will output but you should be entitled to some SLR. You might be able to include it as a small incentive to your users.

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
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