Topic: [ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 91. (Read 144625 times)

Thanks very much!

I've copied your question in the Slack and I or LykkeX will post answer as soon as we have it!

A very direct way to get in touch with the team is also the telegram-channel: https://telegram.me/joinchat/AEGiqkF-_dNaHMwQbRSnAg

Hello,

I have a problem, After an upgrade of the Android app the app asked for a password of "credential storage" (In spanish version of app Contraseña de almacenamiento de credenciales), I tried to introduce all the passwords that I wrote down on paper when creating my account and none is accepted.

What I can do?

Best regards and thanks for your attention.

Orderbook is now visible in the iPhone app

As always, anyone is invited to follow the progress with the source code here https://github.com/LykkeCity

A few words on security:

Currently the Lykke app will let you create a wallet without explaining that Lykke doesn't actually control the wallet but stores an encrypted blob. People will naturally assume that there is a password recovery feature should they forget their password (which they always do). This is going to create a lot of trouble as people end up being locked out of their wallet upon losing/changing phone or inadvertently logging out of their wallet without making sure they know the password. It is critical that the wallet app explain unambiguously that the wallet itself will become unusable should people forget their password and that Lykke won't be able to recover it. The wallet app should also require people to backup their private key on paper (and put it in a safe place without showing it to anyone) so that they always have a last resort mean to recover their wallet should they lose their smartphone and forget their password and/or pin. Please Lykke make sure your app is fool proof. It will look bad to regulatory authorities if shareholders come complaining that they are not being able to exercise their rights as shareholders due to technical reasons like losing access to one's crypto wallet.

Another issue I see is that although the app allows you to backup your private key as a brain wallet, it doesn't currently offer a way to restore the wallet using said private key. At least I haven't seen anything like that after removing the app and trying to recover from the private key.

Last but not least Lykke needs a desktop wallet and this wallet should be open source and compile under Linux, Mac and Windows. Smartphone security is shaky at best, and nobody in their right mind is going to trust their smartphone with 5-digit figures, like what some people are probably investing in this ICO. I for one feel really uneasy about that. I have never trusted my smartphone with more funds than I usually have in cash in my physical wallet (so a few hundred dollars at most), and refuse to use Paypal or credit card from it for fear of this information being compromised. It feels really awkward to suddenly have to trust this poorly secured device with a large sum and hope it's going to be alright.

One more thing: I understand that LKK and other Lykke exchange based assets are really OpenAssets colored coins. Does that mean that they can be sent to any Bitcoin address and controlled using another OpenAssets client unrelated to Lykke? If that's the case it could be a solution to ship a desktop wallet quicker as developments could be based on some existing OpenAssets implementation.

Recording of the interview:

https://www.youtube.com/watch?v=T_vj1jjH-m0

yes never deliver anything, and no update here is the Oracle thread
https://bitcointalksearch.org/topic/m.15926718

after sometime, its revealing it self
and i trace it related to Lykke.com

really is that what the money was for? cant be just that

If I understand it correctly the Oracle-Twitter-Account made two tweets about Lykke like everybody could. I can't say much about the project they tried to get money for and if it's a scam or not, but I see no connection between them and Lykke. Or did they use the name Lykke for anything?

You invested in their ICO and now there is now sign that they'll deliver?

i need help, i got fraud by twitter campaign https://twitter.com/OracleCoin
as amount of 10BTC
it is raising ICO but never give any news or update

after sometime, its revealing it self
and i trace it related to Lykke.com

the fraud is using this thread ORACLE PROJECT / ORACLE COIN
https://bitcointalksearch.org/topic/m.15926718

please someone help me, could anyone contact Lykke founder and team
kindly help



IF ITS NOT A SCAM than i will personally apologize, dan clear his name and erase all acussations, but i doubt so much, and im very desperate

PLEASE KINDLY HELP me investigate