Author

Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 326. (Read 1276817 times)

legendary
Activity: 910
Merit: 1000
So are the bitcoin devs still threatening counterparty by getting rid of multisig?

What do you want to say?! You have attacked XCP many times! I know you are from MSC.
On the contrary,
i am an avid supporter of counter party, i jus t havn't been following up
so i was wondering the situation
its a legitimate concern

You can also read this thread, providing you have one grey cell and one working eye. People are so lazy...

Too many pages,
go troll somehwere else belle bite,
the only thing i have picked up by reading the last few pages is that nobody likes you
legendary
Activity: 910
Merit: 1000
So are the bitcoin devs still threatening counterparty by getting rid of multisig?

What do you want to say?! You have attacked XCP many times! I know you are from MSC.
On the contrary,
i am an avid supporter of counter party, i jus t havn't been following up
so i was wondering the situation
its a legitimate concern
hero member
Activity: 602
Merit: 500
So are the bitcoin devs still threatening counterparty by getting rid of multisig?

What do you want to say?! You have attacked XCP many times! I know you are from MSC.
full member
Activity: 214
Merit: 101
i want to run counterpartyd on a server.

to hasten the setup process i was wondering what is the quickest way to download the entire blockchain with txindex=1.

is there a download source that has txindex=1 already configured and indexed that i can bootstrap?

if there isn't one i was wondering which course is faster -
1. downloading the entire blockchain with txindex=1 as described in the counterpartyd-build read the docs.
2. download bitcoin bootstrap as described here: http://bitcoin.stackexchange.com/questions/21473/how-can-i-import-blockchain-dat-into-bitcoind and then do the reindex.

what do you think?
Fastest way imho is to download the torrent and then run with --reindex
legendary
Activity: 910
Merit: 1000
So are the bitcoin devs still threatening counterparty by getting rid of multisig?
newbie
Activity: 48
Merit: 0
i want to run counterpartyd on a server.

to hasten the setup process i was wondering what is the quickest way to download the entire blockchain with txindex=1.

is there a download source that has txindex=1 already configured and indexed that i can bootstrap?

if there isn't one i was wondering which course is faster -
1. downloading the entire blockchain with txindex=1 as described in the counterpartyd-build read the docs.
2. download bitcoin bootstrap as described here: http://bitcoin.stackexchange.com/questions/21473/how-can-i-import-blockchain-dat-into-bitcoind and then do the reindex.

what do you think?
legendary
Activity: 1106
Merit: 1026
'might' for 'mighty'

I'm not sure how it's done here, but let's look at BIP 39 for some ideas:

Quote
An ideal wordlist has the following characteristics:

a) smart selection of words
   - wordlist is created in such way that it's enough to type the first four
     letters to unambiguously identify the word

b) similar words avoided
   - word pairs like "build" and "built", "woman" and "women", or "quick" and "quickly"
     not only make remembering the sentence difficult, but are also more error
     prone and more difficult to guess

c) sorted wordlists
   - wordlist is sorted which allows for more efficient lookup of the code words
     (i.e. implementation can use binary search instead of linear search)
   - this also allows trie (prefix tree) to be used, e.g. for better compression

And there is an example wordlist: https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt
legendary
Activity: 1288
Merit: 1000

BTT, phrasing is everything. You might simply say that your policy is in accord with the laws of and that the intent is to protect your customers from bad actors. Phrase it so that you position yourself as advocates for your clients' interests. You don't want to appear to be agents of a "Big Brother" surveillance program, or the "precious metals police," determined to exploit your customers' desire for privacy, right? And connect your statement with the mission of your business, which is about relying on the security of the blockchain, the reputation of your custodians (along with appropriate auditing), and universal access afforded by Bitcoin and Counterparty. Your policies are meant to make it difficult or impossible for bad actors to violate the "Circle of Trust," right?

Thank you sparta_cuss. Indeed you are correct. We only wish to protect our customers from bad actors and to dissuade bad actors (as well as US regulators) from considering us permissive in our policies. We've updated our KYC/AML policy with the text below.

BitcoinTangibleTrust (DigitalTangibleTrust) is not a bank but is still subject to the “Know your customer” clause in the US Patriot Act and "Anti-Money Laundering" requirements.
Most of the same personal information that you need to open a bank account is required to place an order with BitcoinTangibleTrust. BitcoinTangibleTrust will fulfill a purchase and/or physical redemption order for anyone who provides the basic information normally required (e.g., address, telephone, email address, etc). BitcoinTangibleTrust records each transaction and keeps an audit trail that can be retrieved if needed to meet the legal process if requested.

In most cases this will not affect you the customer as all this information is required for BitcoinTangibleTrust and its partners to fulfill an order. Please ensure that all data is entered correctly when you check out or when you register your digital coins for redemption and delivery. Our policy objective is to protect our customers from bad actors and to remain compliant with the financial services laws of the United States. We take our customer privacy seriously and we will never volunteer our customer purchase or redemption information outside of the legal process.


This is a lot better. I take it the information only needs to be provided to redeem BTT issued assets for physical? Seems like BTT would be better off in some jurisdiction other than US.

By the way, is the 2,000,000 Gold Eagle asset pending at http://bitcointangibletrust.com/assets/ for real? This would be about 2.6 billion USD in value.

What will that mean for the value of XCP if it is true?
hero member
Activity: 588
Merit: 504
will there be windows, osx & linux builds of the wallet once the mainnet version is live, like carbonwallet? sometimes people seem to like idea of having 'native' wallets served from their machines, even if that native app isn't much more than a embedded web renderer

sr. member
Activity: 448
Merit: 250
black swan hunter

BTT, phrasing is everything. You might simply say that your policy is in accord with the laws of and that the intent is to protect your customers from bad actors. Phrase it so that you position yourself as advocates for your clients' interests. You don't want to appear to be agents of a "Big Brother" surveillance program, or the "precious metals police," determined to exploit your customers' desire for privacy, right? And connect your statement with the mission of your business, which is about relying on the security of the blockchain, the reputation of your custodians (along with appropriate auditing), and universal access afforded by Bitcoin and Counterparty. Your policies are meant to make it difficult or impossible for bad actors to violate the "Circle of Trust," right?

Thank you sparta_cuss. Indeed you are correct. We only wish to protect our customers from bad actors and to dissuade bad actors (as well as US regulators) from considering us permissive in our policies. We've updated our KYC/AML policy with the text below.

BitcoinTangibleTrust (DigitalTangibleTrust) is not a bank but is still subject to the “Know your customer” clause in the US Patriot Act and "Anti-Money Laundering" requirements.
Most of the same personal information that you need to open a bank account is required to place an order with BitcoinTangibleTrust. BitcoinTangibleTrust will fulfill a purchase and/or physical redemption order for anyone who provides the basic information normally required (e.g., address, telephone, email address, etc). BitcoinTangibleTrust records each transaction and keeps an audit trail that can be retrieved if needed to meet the legal process if requested.

In most cases this will not affect you the customer as all this information is required for BitcoinTangibleTrust and its partners to fulfill an order. Please ensure that all data is entered correctly when you check out or when you register your digital coins for redemption and delivery. Our policy objective is to protect our customers from bad actors and to remain compliant with the financial services laws of the United States. We take our customer privacy seriously and we will never volunteer our customer purchase or redemption information outside of the legal process.


This is a lot better. I take it the information only needs to be provided to redeem BTT issued assets for physical? Seems like BTT would be better off in some jurisdiction other than US.

By the way, is the 2,000,000 Gold Eagle asset pending at http://bitcointangibletrust.com/assets/ for real? This would be about 2.6 billion USD in value.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
would be nice to have a checkbox to show/hide password (with the default to hide), typing 12 words can go wrong easily especially on ipad/iphone/android
full member
Activity: 214
Merit: 101
Since the passwords is a combination of words - typos should be noticeable (unless it's something like foul/fool - and it wouldn't take a lot of tries to check all 1 letter permutations of a word) - at any rate I would keep a paper copy rather than relying on memory alone. Bruteforcing is possible to a very limited extent (idk how big the dictionary is, but say 30k) so that would be the number of tries for a single missing word if you knew where it went, 30k*12 if it's a random insertion, two words would be 30k*12*30k*11.
legendary
Activity: 882
Merit: 1000
A quick question about Counterwallet.

If someone enter the pass phrase with a wrong word by mistake, can he still login to a newly created account? In this case, if he store a lot of XCP into this account, he may have no chance to login to this account later because he did not really know what's the pass phrase he entered.

EDIT: it is confirmed that user can login into a wrong account by accident, for example if he type 'might' for 'mighty' or vice versa.

Is there any measure has been taken to avoid this issue?  For example, has to enter pass phrase twice for a newly created account?
EDIT: it seems there's no way to avoid this mistake yet.

Otherwise, users have to be warned that you have to login into the same account at least twice and check the generated addresses are the same, before you store any value into this account.

No, there's no checksum in the passphrases, which are standard within the Bitcoin ecosystem. If it is only off by a little, however, then you can bruteforce your way in.
There are twelve words, so brute forcing is not so easy. It's better to be more considerate now than receiving complaints later. Two suggestions.
1) find a way to avoid typo in creating an account. E.g. Adding an option for people to confirm their pass phrase And encourage them to do so after the first login.
2) if you have a dictionary of acceptable words, remove those similar words: e.g. might/mighty
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
two interesting features in counterwallet that I was surprised to see are priming address (not sure how it's done though), and the auto btcpay (although for some reasons, last time I tried, it took a few hours to complete, is it normal ?)
member
Activity: 111
Merit: 10
Digitizing Valuable Hard Assets with Crypto

BTT, phrasing is everything. You might simply say that your policy is in accord with the laws of and that the intent is to protect your customers from bad actors. Phrase it so that you position yourself as advocates for your clients' interests. You don't want to appear to be agents of a "Big Brother" surveillance program, or the "precious metals police," determined to exploit your customers' desire for privacy, right? And connect your statement with the mission of your business, which is about relying on the security of the blockchain, the reputation of your custodians (along with appropriate auditing), and universal access afforded by Bitcoin and Counterparty. Your policies are meant to make it difficult or impossible for bad actors to violate the "Circle of Trust," right?

Thank you sparta_cuss. Indeed you are correct. We only wish to protect our customers from bad actors and to dissuade bad actors (as well as US regulators) from considering us permissive in our policies. We've updated our KYC/AML policy with the text below.

BitcoinTangibleTrust (DigitalTangibleTrust) is not a bank but is still subject to the “Know your customer” clause in the US Patriot Act and "Anti-Money Laundering" requirements.
Most of the same personal information that you need to open a bank account is required to place an order with BitcoinTangibleTrust. BitcoinTangibleTrust will fulfill a purchase and/or physical redemption order for anyone who provides the basic information normally required (e.g., address, telephone, email address, etc). BitcoinTangibleTrust records each transaction and keeps an audit trail that can be retrieved if needed to meet the legal process if requested.

In most cases this will not affect you the customer as all this information is required for BitcoinTangibleTrust and its partners to fulfill an order. Please ensure that all data is entered correctly when you check out or when you register your digital coins for redemption and delivery. Our policy objective is to protect our customers from bad actors and to remain compliant with the financial services laws of the United States. We take our customer privacy seriously and we will never volunteer our customer purchase or redemption information outside of the legal process.
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
A quick question about Counterwallet.

If someone enter the pass phrase with a wrong word by mistake, can he still login to a newly created account? In this case, if he store a lot of XCP into this account, he may have no chance to login to this account later because he did not really know what's the pass phrase he entered.

EDIT: it is confirmed that user can login into a wrong account by accident, for example if he type 'might' for 'mighty' or vice versa.

Is there any measure has been taken to avoid this issue?  For example, has to enter pass phrase twice for a newly created account?
EDIT: it seems there's no way to avoid this mistake yet.

Otherwise, users have to be warned that you have to login into the same account at least twice and check the generated addresses are the same, before you store any value into this account.

No, there's no checksum in the passphrases, which are standard within the Bitcoin ecosystem. If it is only off by a little, however, then you can bruteforce your way in.
legendary
Activity: 882
Merit: 1000
A quick question about Counterwallet.

If someone enter the pass phrase with a wrong word by mistake, can he still login to a newly created account? In this case, if he store a lot of XCP into this account, he may have no chance to login to this account later because he did not really know what's the pass phrase he entered.

EDIT: it is confirmed that user can login into a wrong account by accident, for example if he type 'might' for 'mighty' or vice versa.

Is there any measure has been taken to avoid this issue?  For example, has to enter pass phrase twice for a newly created account?
EDIT: it seems there's no way to avoid this mistake yet.

Otherwise, users have to be warned that you have to login into the same account at least twice and check the generated addresses are the same, before you store any value into this account.

member
Activity: 70
Merit: 10
Asset Exchange is very slick. Better than Nxt's best client.

I understand, that you had some problems with some of the guys over in the Nxt thread, but looking at your recent posts here, it seems that you are now trying to talk Nxt down.

The counterparty webclient is very neat, indeed, as well as some Nxt clients are neat, too. Don´t be biased and please don´t denigrate the work of a lot of people, just because you´re angry.


just to make it clear:
I have a higher stake in XCP as in Nxt (proportionally), but I think that both approaches are very interesting and promising. I just don´t like if someone is spreading false/bad information over and over again, just because of rage or disappoitnment.

Thanks mom.
full member
Activity: 216
Merit: 100
Counterwallet will be live on mainnet this Sunday, 6
April.


US time or Euro time?

It is Apr., 6, Sunday now in Euro time.

It will be some time in the afternoon or evening, EST.
sr. member
Activity: 602
Merit: 252
Counterwallet will be live on mainnet this Sunday, 6
April.


US time or Euro time?

It is Apr., 6, Sunday now in Euro time.
Jump to: