Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1177. (Read 9723768 times)

ETA on 12.1 hitting testnet?

v12.1 is going to be neat 

https://www.dash.org/binaries/evo/DashPaper-v13-v1.pdf

Hello Everyone,

Just a small update. I found a really neat trick that effectively turns our currency into a decentralized incubator. I've been consumed with working on it. So far I've written about 5000 lines in and I'm finallly in the process of getting it to compile. While I've been doing this, I've also been documenting the code and our new process in a governance wiki. I'll publish all of this in approximately 14 days.  

Is there a whitepaper?

lol
Better late than never

page 5957

I was discussing my first post in this thread

"One of" at the very least. Lest people think you were kidding: https://en.wikipedia.org/wiki/Proof-of-work_system

Back to the paranoia meme for a moment - has he gone over to the dark side with his honey object research or - gulp - was he always on the dark side? No, not our Dark - "their" dark.       

My takeaway on this kind of stuff is always - build it all trustless. Doing it is mere implementation detail (meaning I have no clue about how to pull it off).

Page 34  

https://bitcointalksearch.org/topic/m.4965272

Was discussing cpu mining optimization, was mining with bunch of aws server ... I think I made like 2000 Dash with CPU mining. Good old time.

Isn't he the guy that invented Proof of Work ?

Is he Satoshi ?

Edit: expanding my original cryptic post a bit. It's really hard to know when (not) to be paranoid. DASH is sooooo important, given what is known to be "out there", without even thinking about what else might (not) be "out there". For example:

True -

"Honey objects: How can we create fake resources that deceive adversaries"

http://www.arijuels.com/

Fiction/humour -

http://xkcd.com/1664/

Dash is awesome.  How many masternodes are there right now?

You can never be extra paranoid / too paranoid

Great advice in that article. For the extra paranoid, you could generate a diceware passphrase for the seed. That way you know that it's completely random. People are really crappy at generating entropy, and it would be quite normal for the words "green" and "grass," for instance, to appear in the same passphrase if you just came up with a phrase off the top of your head.

Cold Storage 201 - A Biased Introduction (by moocowmoo)

https://www.rebelmouse.com/dashnation/cold-storage-201--1711338767.html

#DashNation

Cold Storage 201 - a biased introduction

Paper wallets

Paper wallets use random user and machine input to create a set of keys/addresses which you then print.
You can never regenerate a paper wallet once you turn off the machine. What you print is all you get.
I don't like paper wallets because they can get damaged, lost, destroyed, or stolen.
Even if you encrypt them with bip38 (you should), a very bad person that finds them (robbery/home invasion) could check the balances and put a gun to your head for the password. see: https://xkcd.com/538/

That said, they are the most convenient and user-friendly way to store coin long term as long as you keep them safe.


BIP32

BIP32 is a way of generating any number of keys/addresses from a very carefully selected sentence.
I prefer this technique because I can always regenerate my keys, even in the event of a house fire.
It's a form of brain wallet, but can be done safely if you follow these instructions.
(Brain wallets got a bad reputation only because people were choosing short passwords and common phrases.)

The sentence you choose must be unique in the known universe and should be about 110 characters long.
It must not have appeared in any TV show, movie, book, song, play, poem, speech, essay, dissertation, or thesis.
If it has been published, you shouldn't use it, no matter how obscure the source.
Don't search the web for it.

I recommend making it from a personal memory.
Your control (or loss!) of your funds depend on you not forgetting your sentence.
Practice it over and over until you've got it down.  Do it every day for a month, then every week.

To prevent entry errors, use no capitals, punctuation or spaces.
For example:
anorangeandyellowbutterflylandedonmynosewheniwasfloatingdownastreaminblackmount ainnorthcarolinainthesummerof1986

Armed with that sentence, just follow the instructions on http://en.wiki.dashninja.pl/wiki/DIY_Deterministic_Addresses

You can generate one or ten keys and addresses, and copy only the addresses to a usb drive, then use them as drop boxes.
When you need to 'thaw' an address, just run through the process again, but write its key to a usb drive, import it into an online wallet and move the funds.


Generating your keys

Burn a live linux cd.  Doesn't matter what flavor, but Ubuntu 15.10 desktop will have the most drivers/is friendliest.

An actual CD is best for the highest security since it's a read-only mount.

I use a laptop for this, but that's just because I never turn off my desktop.

Boot from that cd, download/install your tools (or download them ahead of time to a usb drive).
(The ultra paranoid will complain about exposing the live-cd instance to the Internet, but once you disconnect you're fine.)
Disconnect from the internet, generate your keys/addresses/printouts, power off the machine.


Death plan

Whichever type of cold storage you choose, make a death plan. It will happen.
Write down your paper wallet password or bip32 pass-sentence for your loved ones.
Write instructions how to use it.
Keep them separate.

Moo, regarding cold storage - do you have any advice regarding the topic? Where, how, launching etc

I like my first post on page 524:



The truning point to become either a happy Dash owner or a forever sad face Monero Troll. 


HammerHedd's answer was convincing:

Thank you BitWater! I appreciate it a lot! Very generous of you.

I'm glad you find my work useful, that means a lot to me, is why I do it.

I've got big plans for dashman 0.2 and should be free to work on it starting next month.  Maybe a summer release.

"one command to rule them all"