Hi, I am Maciej, I am new user of WYKOP PL and I have a question about security of ETC wallet copy:
1. Is it enough to secure a copy of the UTC file from the "keystore" directory and private key?
2. How in ETC wallet can you import the private key If I have one, and at the same time don't have the UTC file? If it is possible then I would like to ask for instructions how to import such a key, preferably offline.
3. If a hacker steals my UTC file, would it be easy to descrypt such file and steal my ETC? And my final question, Do you think the ETC rate has a chance to beat the current ETH rate?
Hello Burgon, nice to have you on side. I do not know the answer to your question. Whenever i have moved a wallet to a different machine i have moved the whole Keystore file. When i backup, i copy the whole keystore file. Someone wil be along that may be able to answer. Keep an eye out here and don't be afraid to repost your issue.
@usukan we have many things to vote on. Fork to a new algo.. PoS/PoW , agreement on the social contract, that sort of thing. Remember, if we vote on stake, we will be giving hackers and eth devs a large vote..
voting clearly needs to be weighted by holding - the main holders of ETC will not go with any crap that each one wallet (and thousands of 1 ETC wallets on GETH) holding miniscule ETC should have equal say in anything ETC related compared to someone holding 1,000's of ETC in ONE WALLET. Its not representative of the community what you seem to be suggesting? The owners of ETC need to be represented by the investment and risk they are taking in this venture and the long term future of ETC.
I'm a miner but not sure what you do to take this interest into account? Like me - most miners go where the money is. Few miners can afford to consider the long term and as such I don't feel that miners votes would be truly representative of long term interests and support for ETC. The miner votes would generally support continued mining - but it takes investors in the end to maintain price and if they vacate the scene because they are not represented - price falls and miners leave.
As for using GETH - its a 3 legged dog. MIST and Etherwallet are based on GETH and too cumbersome IMO. Parity --geth mode and MyEtherWallet.com are the better options by far (MEW especially) - so I will NEVER use GETH even for an important vote.
You need to understand that there are VERY major holders in ETC (pity no rich list - it would blow you away).
carbonvote - developed by the Chinese ETH community was actually a very fair voting system. Its open source. Suggest you have a look.
https://github.com/consenlabs/carbonvoteThats all that I will accept unless someone comes up with a better method of weighting to account for "skin in the game".
For the record again - I favour POS for ETC before the diff bomb cuts in.
As @iCEBREAKER seems to - and he makes sense:
https://bitcointalksearch.org/topic/m.15836594)
So if there is any voting I will be holding out for it to be weighted for holding (and most ETC owners of any substance will demand this - you can expect that something like 5% of holders own 70% of ETC) and I will be voting for POS (this may be more contentious) but I believe its best for the long term for ETC.