Topic: IOTA - page 231. (Read 1473233 times)

I think you are right here. while I hate the Iota App (laggy, super slow, complicated (why adress has to be tangled dmanually ) IOta has a great future and most of the people I now are holding for longterm

Looks like we broke down. There might be cheap IOTA soon for new people who stayed on the sidelines until now.

Most programs that do offer changing of passwords internally use a very long password that gets stored in ecnrypted form, encrypted by the password a user types in. That one is of course changeable easily.
IOTA wallet doesn't work like that. You need to transfer funds into a new Seed/Wallet.

Create a new Seed, and write that down on two papers. Store them at two different places.
Login on the new Seed. Create a deposit address, attach that to the tangle. Paste that address into a textfile. Logout.
Login on the old Seed. Transfer all IOTA to the new address. The mood point is about rechecking that transfer a day after, occasionally needing to reattach.

That might be because of that Bitfinex Light Node beeing a loadballancer, and some node you get redirected to isn't up to date?

Regarding security. Each new transfer takes your ballance at risk, because while your old funds still beeing all safe meanwhiles you got infected on your desktop by some trojan that spys on keyboard input and stuff.
Best to transfer funds not to often. Best to use several wallets, splitting funds across those. Letting some of them just gain age, using others more recent.
Use the Blockexplorer, not the wallet, to check funds periodically.
Store each old credentials, as useless as they might have become, just keep them for historical value.

lots of people thought Bitcoin was scam in the early time too. Even today, some people still think so. Same to Ethereum. People's hearts go with people's treasures and people's intelligence goes with people's hearts.

To me I think that a big part of the scepcis towards Iota is due to the arrogance and not always friendly comments of the devs. For me, I couldn't care less if the devs are friendly or not, I invest because I believe in the technology. But some people don't do well with the way of communicating by the devs 

When something breaks with the established and traditional way of doing things there is always old-fashioned people that does not understand it or blames it in benefit of old things.
There is also people that didn't notice until now and their greed and jealousy speaks for them.

hey guys,

i'm new to the forum and iota is one of the coins i'm most excited about

what really sold me on iota is this interview with one of the founders - https://soundcloud.com/arthurfalls/ether-review-69-iota-the-post-blockchain-era

he seems like a solid guy and explains the tech quite well.

i'm surprised that upon searching for posts on iota in this forum, there are many posts from 1 to 2 years ago of people thinking iota is a scam and being very frustrated. can someone explain to me why?

+1, Bitfinex is go so far but not enough.
I would like to see IOTA on Bithump. That crazy Korean people will pump the price to 10$

i want to change my wallet  password on a regular basis, how can i do that please ? !
thank you !

Here is to hoping this happens soon.

when will IOTA breaks at $5.00, it's soonest !!!! 

with Bitfinex restricting its customer base, and if the reported banking issues are to be belived it would be a very good move to have IOTA more exchanges at the very earliest opportunity.

https://forum.iota.org/t/publicly-announced-iota-real-world-projects-tracker/1820

out of curious i wonder is there already a real use case of machine to machine for iota now?

Are there any news yet on the satoshi pay implementation??

Absolutely agree! Looks like some kind of scam.

https://iotaseed.io is not safe, nor approved by anyone.
you are a newbie account that spreads this page almost everywhere.

On Reddit same behavior: new account, you already shared it 15 times.

NOT SAFE, DON'T USE IT

Let us take a look at that,
Is weak because of the low entropy originating from Get-Random, which looks to be deterministic?

Actually I don't know it's inner workings. Might get seeded by systemclock only, then refeeding last cycle output into it again and again, seen similar in a Lehmer RNG. And there had not been that many seconds in existance between hitting Bitfinex, and today at noon. A month has (365/12)*24*60*60=2,627,994 seconds which are walked throu in a half minute.
But brute force testing each resulting adress using a lightnode wallet still takes ages. You would have to regenerate 50~100 adresses from resulting seed, and connect & shutdown from the node.
At least some node operators might ring the alarm bell.

My own concern, having used a BMTKRG ("blind monkey typing keyboard random generator") and then uppercasing the mess, replacing impossible chars with 9s ... there are low entropy string parts possible, too. But true randomness requires substrings like KJDSBIIUUUUJBHDS, too. How secure are "blank parts" like LUSDHG999999999999999999SDKLGJB ?

Not saying this guy is a scammer... but DO NOT trust anyone with your seed unless you see the source code or create it yourself!!!

Literally just 81 random characters, A-Z and 9s

this is the real good question...if not, this is just another promise of a project...way to many these days