Topic: NAS :: Descendant of NXT 100% PoS|More Exchanges|WinNAS is ready! - page 39. (Read 143776 times)

Quote from: Nas_Coin on June 18, 2014, 11:36:49 AM

The multiGateway sounds like a game changer!

It's not a game changer until developer post clear explanation on how this thing works.

Is it trustless? If not, where are bitcoin private keys stored? Is it centralized server? Where is the guarantee that money will not be stolen from that server?

Until the developer posts clear answers to this question with proof that centralized server is safe and is close to trustless, no one should use it --- if they don't want lose their money, that is.

All of gateway need be trusted include NXT multigateway, we have 2 GWservers(have no internet address) and will be more to runing GWservice. They are checking the NAS blockchain & AE like normal node around the clock, but its behind NAS blockchain that hacker cant find the server without internet address. Deposit: BTC->NASGateway(transfer btc to hot wallet & register AE & transaction log to NAS blockchain)->nBTC->exchange||more apps, withdraw are the same way. And this is another way to exchange the BTC/NXT/NAS to AE and with more apps in WinNAS. Its in the close test now, we will publish all of the source @ sep finally.

good diagram

wendy5

sr. member

Activity: 322

Merit: 250

i am wating the 0.2,lol

zhangli

sr. member

Activity: 266

Merit: 250

The multiGateway sounds like a game changer!

It's not a game changer until developer post clear explanation on how this thing works.

Is it trustless? If not, where are bitcoin private keys stored? Is it centralized server? Where is the guarantee that money will not be stolen from that server?

Until the developer posts clear answers to this question with proof that centralized server is safe and is close to trustless, no one should use it --- if they don't want lose their money, that is.

All of gateway need be trusted include NXT multigateway, we have 2 GWservers(have no internet address) and will be more to runing GWservice. They are checking the NAS blockchain & AE like normal node around the clock, but its behind NAS blockchain that hacker cant find the server without internet address. Deposit: BTC->NASGateway(transfer btc to hot wallet & register AE & transaction log to NAS blockchain)->nBTC->exchange||more apps, withdraw are the same way. And this is another way to exchange the BTC/NXT/NAS to AE and with more apps in WinNAS. Its in the close test now, we will publish all of the source @ sep finally.

chengren

newbie

Activity: 57

Merit: 0

With time going, everything will become clearly, if you won't miss something, hold your nas.

OK9528

newbie

Activity: 9

Merit: 0

起飞吧NAS，2014的一匹黑马！！

Nas_Coin

member

Activity: 66

Merit: 10

The multiGateway sounds like a game changer!

It's not a game changer until developer post clear explanation on how this thing works.

Is it trustless? If not, where are bitcoin private keys stored? Is it centralized server? Where is the guarantee that money will not be stolen from that server?

Until the developer posts clear answers to this question with proof that centralized server is safe and is close to trustless, no one should use it --- if they don't want lose their money, that is.

All of gateway need be trusted include NXT multigateway, we have 2 GWservers(have no internet address) and will be more to runing GWservice. They are checking the NAS blockchain & AE like normal node around the clock, but its behind NAS blockchain that hacker cant find the server without internet address. Deposit: BTC->NASGateway(transfer btc to hot wallet & register AE & transaction log to NAS blockchain)->nBTC->exchange||more apps, withdraw are the same way. And this is another way to exchange the BTC/NXT/NAS to AE and with more apps in WinNAS. Its in the close test now, we will publish all of the source @ sep finally.

zhangli

sr. member

Activity: 266

Merit: 250

The multiGateway sounds like a game changer!

It's not a game changer until developer post clear explanation on how this thing works.

Is it trustless? If not, where are bitcoin private keys stored? Is it centralized server? Where is the guarantee that money will not be stolen from that server?

Until the developer posts clear answers to this question with proof that centralized server is safe and is close to trustless, no one should use it --- if they don't want lose their money, that is.

When winnas_0.2 released this month, the dev will explain your questions Cool

No one will lose their money,dont worry!

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: shenjie on June 17, 2014, 12:26:21 PM

The multiGateway sounds like a game changer!

It's not a game changer until developer post clear explanation on how this thing works.

Is it trustless? If not, where are bitcoin private keys stored? Is it centralized server? Where is the guarantee that money will not be stolen from that server?

Until the developer posts clear answers to this question with proof that centralized server is safe and is close to trustless, no one should use it --- if they don't want lose their money, that is.

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: mrsanny on June 17, 2014, 09:55:19 AM

Quote from: Eadeqa on June 17, 2014, 02:31:07 AM

Quote from: mrsanny on June 17, 2014, 09:55:19 AM

Winnas0.2 has beed rebuilded from scratch with MultiGateway.
V_0.2 need more test, deposit,withdraw & transfer etc, all history of Multigateway are in nas blockchain.
Generate BTC/NXT address need 10NAS fee.

How exactly does MultiGateway work? Is there a third party server where bitcoin private key is stored? Who owns that server? What if that server is hacked? Who is responsible for stolen money?

Can Mutigateway solve the centralization problem in the normal trade platform?

I guess mutigateway can solve part of centralization problem, such as keeping watch on accounts, instant transaction etc.It's impossible solving every problem in the normal trade platform.

The developer did not answer my question.

How exactly is this thing mutigateway ?

Where are bitcoin private key stores? Is it centralized server?

What happens if that serrver is hacked all of the bitcoins are stolen?

swan77

newbie

Activity: 44

Merit: 0

The multiGateway sounds like a game changer!

shenjie

newbie

Activity: 41

Merit: 0

Quote from: Eadeqa on June 17, 2014, 02:31:07 AM

Quote from: Eadeqa on June 17, 2014, 02:31:07 AM

Winnas0.2 has beed rebuilded from scratch with MultiGateway.
V_0.2 need more test, deposit,withdraw & transfer etc, all history of Multigateway are in nas blockchain.
Generate BTC/NXT address need 10NAS fee.

How exactly does MultiGateway work? Is there a third party server where bitcoin private key is stored? Who owns that server? What if that server is hacked? Who is responsible for stolen money?

Can Mutigateway solve the centralization problem in the normal trade platform?

I guess mutigateway can solve part of centralization problem, such as keeping watch on accounts, instant transaction etc.It's impossible solving every problem in the normal trade platform.

mrsanny

member

Activity: 69

Merit: 10

Winnas0.2 has beed rebuilded from scratch with MultiGateway.
V_0.2 need more test, deposit,withdraw & transfer etc, all history of Multigateway are in nas blockchain.
Generate BTC/NXT address need 10NAS fee.

How exactly does MultiGateway work? Is there a third party server where bitcoin private key is stored? Who owns that server? What if that server is hacked? Who is responsible for stolen money?

Can Mutigateway solve the centralization problem in the normal trade platform?

Eadeqa

hero member

Activity: 644

Merit: 500