Hello everyone,
I would like to tell you about a problem that the team has been facing for around 3 days now. A certain person suddenly appeared, named Roboteddy and posted a thread on Reddit with false information and speculation at a time at which none of the developers were available. The CEO of the project had deleted that thread as he wanted to redirect it to Slack, so that Yani or I could answer him. In hindsight, we realized that deleting it, even temporarily, was a mistake. Therefore, we have apologized for this deletion. The user has then threatened to defame us via social media, even though we reauthorized him to post the thread.
I have wasted 48 hours responding to misconceptions from a madman who tried to talk like a developer using erroneous information just in order to give bad feedback to the team. Today, he has allowed himself to defame the project on another subreddit.
I think that many developers from various projects have had enough of certain trolls that were just trying to bother and destroy their projects. This kind of troll manifestation that attempts to mislead newcomers in the Bitcoin and altcoin communities are well known. Despite of everything, we are supposed to welcome them properly by explaining things as they really are.
Therefore, I am calling out any developers, users of both altcoins and Bitcoin to come and evaluate me on the project’s thread in order to correct the image of said project.
I wish the community would be welcomed in the face of such problems. NVO is a project that is on the same spectrum as the policy of Bitcoin, namely decentralized. It is not a blockchain that competes with other blockchains; NVO is trying to bring a plus to all of the blockchains.
Please take this post and this request into consideration.
Thank you all.
https://www.reddit.com/r/NVO/comments/6g2wwr/originally_deleted_by_mod_reposting_fundamentally/https://www.reddit.com/r/ethtrader/comments/6fghd6/thoughts_on_nvo_decentralized_exchange/dipmoyl/?context=3ignore this troll, this project will be amazing and has extreme potential, some hardcore badass crypto guys spoke highly of this project so im sure it will be great
Thanks a lot for your feedback, but i can't ignore all the trolls, especially when they spread fake informations, they can misslead newcomers to the crypto world. Personally when i develop a project i try to develop the community around it. It is always better to develope a project with the community as you can give them real informations, and as a member of the BTCT community I want to preserve the future members of the community Altcoin and bitcoin, it is true that we are judged by our rank in BTCT, but we must not forget that rank also means the experience to share.
thanks again for your support.
I'm now wandering how can you cope with race conditions and double spend attempts in cross chain trades.
Suppose I sell my asset X through NVO, buyer sends me asset Y and in the meantime I transfer my asset X somewhere else through a native wallet.
There's a chance I get asset Y for free.
Thanks for your support, this have been addressed, and here is the content :
The answer to 0-conf attack vector is in the reddit thread. Effectively when you validate a transaction without confirmations (0-conf), there is a risk for Double spending, or replace by fee, speed attack ... but this can only happen in the case of a normal address, in the reddit thread he didn't considered the specifications of a 2-OF-2. In the case of the validator, the trades will be handled using multisig 2-OF-2, which means that when you will trade using the validator, you will have a shared 2-OF-2 address with the validator, this will prevent this type of attacks as the validator's won't allow such transactions or manipulations.
Once the Validator allows a transaction and process it, you won't be able to issue an attack as you will need the agreement of the Validator. Unless you corrupt the validator, which means breaking SafeNetwork, regroupoing the framents and then decrypting them, all of this, just to get at the validator and try to corrupt a single address. These steps are actually not feasable, maybe in 10 or 20 years using quantum computers or using a lazer computer with graphen components. Even if you do it, you won't be able to corrupt more then a single address, the one you will share with the validator because the addresses will change randomly.
Really intresting.
Does this system need multisig support in all the coins?
may be I'm wrong but I think Waves doesn't have multisig yet.
Another question: ever tought adding NEM to the supported coins?
NEM has multisig support, has assets, but no asset exchange yet.
Thanks for your feedback, i really appreciate it.
Comme par hazard, le responsable marketing de NEM nous a fais le plaisir de nous contacter aujourd'hui, j'espere pouvoir m'entretenir avec eux dans pas longtemps, c'est déja un excellent pas en avant car NVO veut travailler avec touts les projets Altcoin. On utilise counterparty, on stock sur maidsafe, on veut utiliser toutes les blockchains.
Regarding your question, here is one of the advantages of using SafeNet, we can create tailor made sollutions depending on each cryptocurrency, as some have solved the 0-conf problem, tx maleability or other flaws. Which means, no, it is nor mandatory but it will depend on how the crypto handles such problems.
Yes Waves doesn't support multisig.
I am the developer in charge of the validator, i decided not to create a blockchain as the Validator isn't meant to be competing against other blockchains, instead, he will complete them and use them and proof that they can be securely used safely. It wasn't really possible to explain these points into the whitepaper because it is a very wide subject as it will need a lot of time for each crypto.