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Topic: AURORACOIN - Empowering Financial Freedom - page 99. (Read 138034 times)

sr. member
Activity: 288
Merit: 250
cant believe this scam coin is still going
donator
Activity: 2772
Merit: 1019
Ouch on the weak signatures.  That's a scary idea that will kill crypto, best not speak of that!

Weak rng is the culprit and there's rfc6979 to mitigate the problem without protocol change. Unless you use that, you should carefully check entropy of your rng (hard, I know) when reusing addresses... or just not reuse addresses and bite the bullet and make frequent-enough backups of your wallet.dat


I try to follow you guys, but don't get what you talking about Sad. Can one of you explain me in a noob langage what is ''rng'' and what it mean in regard to security ?

Thanks !

(-------john snow

RNG = random number generator.

If you have a weak one (predictable to an extent) like has happened in some android phones, an attacker can, just by looking at your signatures on the blockchain (when you make a transaction) figure out the private key of the address you're sending from. If you send money to that address again, it'll be gone within seconds because the attacker has your key.

I don't want to sound too alarmist, though. Most wallets seem to use good random sources these days. For me, address reuse is mainly a privacy concern.
hero member
Activity: 741
Merit: 500
Ouch on the weak signatures.  That's a scary idea that will kill crypto, best not speak of that!

Weak rng is the culprit and there's rfc6979 to mitigate the problem without protocol change. Unless you use that, you should carefully check entropy of your rng (hard, I know) when reusing addresses... or just not reuse addresses and bite the bullet and make frequent-enough backups of your wallet.dat


I try to follow you guys, but don't get what you talking about Sad. Can one of you explain me in a noob langage what is ''rng'' and what it mean in regard to security ?

Thanks !

(-------john snow
member
Activity: 107
Merit: 10
Will the price be back over 30k next week?

I think AUR is dead again.

Lol.

A little endurance can go a long way, my friend.

Agree with skar, aur hasn't even begun, there is nothing new and activity has increased.  Can you think what happens when they actually make good on the plans.  Can you wait, if not then maybe sell, see how this ends will see who the winners are.

Cryptos is run on emotion and AUR is a coin with lots of emotion which is great for trading and making good gains. You add a new feature to a coin called "Globalcoin" and nothing will happen, you add the same feature 1 year later on AUR and AUR will get a far bigger pump in price. Also AUR has big btc backers like Kenchanyu.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
@ Danslip and y2cafuse
may i ask you guys to post your addresses when claiming how many coins you have because you lack credibility when you just shoot off numbers like you're the richest people in auroracoin world.

No ways I am sharing my addresses with non anonymous coin like AUR. Also don't want people tracking my movements . I am sure ny2cafuse will feel the same.
donator
Activity: 2772
Merit: 1019
Ouch on the weak signatures.  That's a scary idea that will kill crypto, best not speak of that!

Weak rng is the culprit and there's rfc6979 to mitigate the problem without protocol change. Unless you use that, you should carefully check entropy of your rng (hard, I know) when reusing addresses... or just not reuse addresses and bite the bullet and make frequent-enough backups of your wallet.dat
legendary
Activity: 1023
Merit: 1001
Tokenize Fantasy Sports
@ Danslip and y2cafuse
may i ask you guys to post your addresses when claiming how many coins you have because you lack credibility when you just shoot off numbers like you're the richest people in auroracoin world.

who uses single addresses?


I do, why wouldmt you? 

privacy? protection against weak rng in ecdsa signatures?

If you just do it to break up different uses that's one thing but not trusting it in one address.  You do know that your wallet doesn't hold coins right?  Export the private key and you can always retrieve or send coins at will, even if your wallet is dead.

No, I'm not using multiple addresses for bookkeeping purposes. For bookkeeping purposes I use books.

But yes, I agree: AUR would benefit from HD wallets for backup simplicity.


Ouch on the weak signatures.  That's a scary idea that will kill crypto, best not speak of that!
legendary
Activity: 1023
Merit: 1001
Tokenize Fantasy Sports
Will the price be back over 30k next week?

I think AUR is dead again.

Lol.

A little endurance can go a long way, my friend.

Agree with skar, aur hasn't even begun, there is nothing new and activity has increased.  Can you think what happens when they actually make good on the plans.  Can you wait, if not then maybe sell, see how this ends will see who the winners are.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
donator
Activity: 2772
Merit: 1019
@ Danslip and y2cafuse
may i ask you guys to post your addresses when claiming how many coins you have because you lack credibility when you just shoot off numbers like you're the richest people in auroracoin world.

who uses single addresses?


I do, why wouldmt you?  

privacy? protection against weak rng in ecdsa signatures?

If you just do it to break up different uses that's one thing but not trusting it in one address.  You do know that your wallet doesn't hold coins right?  Export the private key and you can always retrieve or send coins at will, even if your wallet is dead.

No, I'm not using multiple addresses for bookkeeping purposes. For bookkeeping purposes I use books.

But yes, I agree: AUR would benefit from HD wallets for backup simplicity. (and also from a coincontrol patch)
donator
Activity: 2772
Merit: 1019
Will the price be back over 30k next week?

I think AUR is dead again.

Lol.

A little endurance can go a long way, my friend.
legendary
Activity: 1023
Merit: 1001
Tokenize Fantasy Sports
@ Danslip and y2cafuse
may i ask you guys to post your addresses when claiming how many coins you have because you lack credibility when you just shoot off numbers like you're the richest people in auroracoin world.

who uses single addresses?


I do, why wouldmt you?  If you just do it to break up different uses that's one thing but not trusting it in one address.  You do know that your wallet doesn't hold coins right?  Export the private key and you can always retrieve or send coins at will, even if your wallet is dead.
member
Activity: 107
Merit: 10
Will the price be back over 30k next week?

I think AUR is dead again.

It's only just begun, I made .2 btc profit last week trading and ended up with a bit more AUR Smiley
full member
Activity: 126
Merit: 100
Will the price be back over 30k next week?

I think AUR is dead again.

You should move on and let the corpse to us , we will take good care of it  Grin
hero member
Activity: 514
Merit: 500
Will the price be back over 30k next week?

I think AUR is dead again.
legendary
Activity: 1288
Merit: 1000
Will the price be back over 30k next week?

No, you should sell.
newbie
Activity: 27
Merit: 0
Will the price be back over 30k next week?
legendary
Activity: 1582
Merit: 1002
HODL for life.
I think you guys are missing the point here. It doesn't really matter how many coins some people are holding but how many people are holding coins. The amount a few people hanging around here have doesn't really matter in the big picture. What matters are the thousands of Icelandic people that claimed their 31.8 aur in the initial airdrop and making them active.

Everyone here that holds some substantial amount of the coin will sell eventually and might make some gains on it but that doesn't mean that the person who is buying the coins at that time is loosing something. When the Aur economy in Iceland starts to evolve these coins will get distributed be it to Icelandic people or anyone else that wants to be part of the Auroracoin economy.

Is the supply of any fiat currency evenly distributed?
Is bitcoin evenly distributed? How many coins does Satoshi have again?

The most important fact here is that 46.8% (20.542) of the Auroracoin addresses hold between 10-100 coins and the majority of that is the claims from the first airdrop. Another 6.9% (3038) addresses hold between 100 -  1000 coins and I bet a large part of that is from the second and third airdrop phase. This is what the focus should be on not what some individuals or dev team members are holding as that is irrelevant.

This is exactly the point I was trying to make, in a roundabout way.

The fact of the matter is that there is a ton of coins to be bought, traded and mined still.  There's no reason worrying about what you, me or Joe Shmoe have compared to the next guy when the richlist numbers can change overnight.  All it takes is one BTC rich investor to look at AUR and think it's a good deal, and then all of us are pushed way down the list.  Or maybe I get one really expensive car repair bill, and I need to secure quick cash by selling AUR to pay for the bill.  Things change daily.

Skarfur is 100% correct, though... let's focus on the number of people holding AUR.


No ways I am sharing my addresses with non anonymous coin like AUR. Also don't want people tracking my movements . I am sure ny2cafuse will feel the same.
@ Danslip and y2cafuse
may i ask you guys to post your addresses when claiming how many coins you have because you lack credibility when you just shoot off numbers like you're the richest people in auroracoin world.

I don't really care if people know where I hold my coins, tbh.  As far as credibility goes, I can assure you that my claims are credible.  It's not like we're talking about 10% of the total supply.  I own less than 0.5%... it's not something I would need to lie about.  Smiley

-Fuse
sr. member
Activity: 258
Merit: 250
I think you guys are missing the point here. It doesn't really matter how many coins some people are holding but how many people are holding coins. The amount a few people hanging around here have doesn't really matter in the big picture. What matters are the thousands of Icelandic people that claimed their 31.8 aur in the initial airdrop and making them active.

Everyone here that holds some substantial amount of the coin will sell eventually and might make some gains on it but that doesn't mean that the person who is buying the coins at that time is loosing something. When the Aur economy in Iceland starts to evolve these coins will get distributed be it to Icelandic people or anyone else that wants to be part of the Auroracoin economy.

Is the supply of any fiat currency evenly distributed?
Is bitcoin evenly distributed? How many coins does Satoshi have again?

The most important fact here is that 46.8% (20.542) of the Auroracoin addresses hold between 10-100 coins and the majority of that is the claims from the first airdrop. Another 6.9% (3038) addresses hold between 100 -  1000 coins and I bet a large part of that is from the second and third airdrop phase. This is what the focus should be on not what some individuals or dev team members are holding as that is irrelevant.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
Why does this buy wall keep moving down?

0.00022000   16379.31609612   3.60344954

It started at 28k sat, then 26k and now down to 22k?

I am very disappointed the pump did not go as high as I thought it would, but I will be patient and wait for the price of 75k to come along one day.

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