[ANN] ARCHcoin [ARCH] The ARCH Network - NEWS

[coinme.info]

Was your wallet encrypted, but unlocked 'for staking only'? Or was it entirely unencrypted?

Entirely unencrypted as had been having to move wallets around due to Seagate HDDs failing left right and centre.

Not sure if other users had their wallets encrypted or not.

Sorry, bro, you've got no one or nothing to blame but yourself if that's the case.

Next time encrypt your wallet. You can still move your wallet.dat from HDD to HDD when it's encrypted.

Wow thanks for that. I am blaming myself but I also have to blame the low life who targeted the ARCH holders and hacked some of us.

I realise that in the ideal world I should have the wallet encrypted with some unbreakable password.

However in reality when you have multiple wallets staking and you want a unique password you have to use a password wallet.

I do normally use both for high value coins. In this case the Arch value wasn't that high until a week or two ago and I'd been
fighting failing HDDs on the staking server. Did you know certain Seagate HDDS are have 50% failure rate each year.
Lucky me I had those drives. So I had been doing many restarts and unlocking a whole lot of wallets everytime was not on my priority list.
This weekend the replacement drives were going to get it all sorted

Anyway I learned my lesson the hard way about encrypting wallets.

I was not asking for pity, donations etc, my post was a warning to other ARCH holders to be aware so they don't lose their balance as well.

Meanwhile you might want to keep any eye out for the movement of rich list #47 who has a wallet full of stolen coins.

https://chainz.cryptoid.info/arch/address.dws?AUjc5ZUHh666x9mDDJ1pdKiwXgrf9eedq9.htm

Do you think he will have his wallent encrypted?

[infinitechaos]

You seem to have implied that the ARCH network itself is insecure because it is POS, that is why I felt so inclined as to remind you that the fault is your own.

Anyway, best of luck to you in the future.

[coinme.info]

You seem to have implied that the ARCH network itself is insecure because it is POS, that is why I felt so inclined as to remind you that the fault is your own.

Anyway, best of luck to you in the future.

I was agreeing with KenChanYu post about POS. Seems he has a point. Not just ARCH but all POS coins that require staking wallets to keep the network running. Does leave the users vunerable to attack, doesn't it?

Staking can never be mainstream because of security risk. To be safe you need VM,linux.... Too much to know for normal person

I agree. This really made me aware that a staking wallet is fair game for hackers.

They only have to run a wallet to get the Peers IP addresses.

Any security hole,  bug unpatched or 0 Day on the host OS and the staking wallet can be compromised.

[coinme.info]

You seem to have implied that the ARCH network itself is insecure because it is POS, that is why I felt so inclined as to remind you that the fault is your own.

Anyway, best of luck to you in the future.

BTW would have been good to discuss this in Slcak but couldn't as we lost our access when the wallets got drained. Catch 22?

[infinitechaos]

I'm no expert on these things, but I don't see why a POS wallet would be less secure than a POW wallet. When you unlock a POS wallet 'for staking only', your wallet remains unable to send a transaction without the password being entered one more time. The important thing to note, therefore, is that the hacker needs your password/private key in order to take control of your wallet, and the likelihood of that happening is the same whether the wallet is POS or POW.

[coinme.info]

POS coins need wallets to be online to run the network.

POW wallet only needs to be online to update blockchain and transact. POW miners run the network.

Just an observation this has highlighted to me.

[posofficial]

So I picked up some Archcoins happy to be on board not enough to for ceo status but we see what happens.

[clovis A.]

So I picked up some Archcoins happy to be on board not enough to for ceo status but we see what happens.

Welcome posofficial, I too picked up some ARCH today!!

Try the HQ status and you won't see any other choice, but to go for CEO!!


peace
clovis

[rhkazani1]

Cant sync, I am on 1.2.0.0-g and I have the following nodes:

addnode=104.174.57.45
addnode=104.236.40.90
addnode=107.10.41.12
addnode=108.175.232.9
addnode=109.201.154.180
addnode=109.60.63.164
addnode=110.174.238.211
addnode=131.72.138.247
addnode=169.53.162.84
addnode=173.25.239.93
addnode=173.75.137.131
addnode=174.4.8.138
addnode=179.5.60.238
addnode=184.250.214.206
addnode=186.156.90.90
addnode=188.166.38.54
addnode=209.205.208.34
addnode=212.47.235.172
addnode=212.85.178.2
addnode=220.245.92.62
addnode=24.118.83.49
addnode=24.253.95.23
addnode=2601:345:4202:e98:8977:e29f:ee6d:79f0
addnode=37.5.13.68
addnode=37.59.111.45
addnode=62.210.5.167
addnode=65.30.143.29
addnode=66.85.164.76
addnode=67.187.195.218
addnode=68.238.48.94
addnode=71.197.61.161
addnode=71.235.182.240
addnode=71.95.186.175
addnode=73.40.110.26
addnode=74.15.231.199
addnode=75.118.38.113
addnode=76.10.149.185
addnode=76.186.15.106
addnode=85.166.192.95
addnode=87.114.70.49
addnode=87.65.244.45
addnode=91.182.136.69
addnode=92.109.211.113
addnode=94.23.213.47
addnode=94.23.248.61
addnode=94.38.144.81
addnode=95.221.254.134
addnode=95.92.92.237
addnode=96.127.196.52
addnode=96.229.213.65
addnode=98.181.27.169
addnode=98.228.169.87

Any suggestions?

[infinitechaos]

https://archsupport.freshdesk.com/support/solutions

Some helpful info can be found at the support desk above.

https://chainz.cryptoid.info/arch/#!network

Use the nodes found here. They are most always the latest.

The wallet can sometimes take a long time to connect. Try and give it some time before restarting it.

[ed_teech]

Any updates from the CEO channel ?

[WhalePanda]

Any updates from the CEO channel ?

If there were, why would we post it here?

[mauriek]

Any updates from the CEO channel ?

Well, like BTCArchitect tweet, April 25th is going to be one of the big info release day, beside that many thing are being discuss openly or internally in the channel, there's some good idea being shared, for example an idea to add another layer of security in the Arch wallet, after all Arch is one the first of it's kind in Crypto Equity field so security is high priority.

[Cryptoadvice_82]

Any updates from the CEO channel ?

Much update from CEO channel last days, but why we should share here?

[CryptoTrout]

Any updates from the CEO channel ?

Yes, feel free to come see. 

[ed_teech]

Any updates from the CEO channel ?

Yes, feel free to come see. 

I don't own that much ARCH

[rhkazani1]

https://archsupport.freshdesk.com/support/solutions

Some helpful info can be found at the support desk above.

https://chainz.cryptoid.info/arch/#!network

Use the nodes found here. They are most always the latest.

The wallet can sometimes take a long time to connect. Try and give it some time before restarting it.

Perfect, thanks.

[bookworm]

Can someone please tell me if I am doing something wrong? I have 1k ARCH in my wallet, version v1.2.0.0-g  The coins show at the highest minting level and I have yet to get any staking after being on for weeks.
The "days to reward" keeps changing from 5 to 4 to 3 then back to 5 or 4 but never 1 or hours. Not griping, just see if this is normal. Other wallets that I have stake daily at the least. Thanks for any help.

edit: yes wallet is unlocked for staking, 33 connections, and chain is current

[CryptoTrout]

Can someone please tell me if I am doing something wrong? I have 1k ARCH in my wallet, version v1.2.0.0-g  The coins show at the highest minting level and I have yet to get any staking after being on for weeks.
The "days to reward" keeps changing from 5 to 4 to 3 then back to 5 or 4 but never 1 or hours. Not griping, just see if this is normal. Other wallets that I have stake daily at the least. Thanks for any help.

edit: yes wallet is unlocked for staking, 33 connections, and chain is current

That does not sound normal.  My coins start staking after 24 about hours, currently stake 15-25 times per day.  Do you move your coins often or have they really been in that address for weeks?

[bookworm]

Can someone please tell me if I am doing something wrong? I have 1k ARCH in my wallet, version v1.2.0.0-g  The coins show at the highest minting level and I have yet to get any staking after being on for weeks.
The "days to reward" keeps changing from 5 to 4 to 3 then back to 5 or 4 but never 1 or hours. Not griping, just see if this is normal. Other wallets that I have stake daily at the least. Thanks for any help.

edit: yes wallet is unlocked for staking, 33 connections, and chain is current

That does not sound normal.  My coins start staking after 24 about hours, currently stake 15-25 times per day.  Do you move your coins often or have they really been in that address for weeks?

Same address. I have only added to the total coin amount as I have purchased or ihash sends coins there from mining.