Author

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 461. (Read 661525 times)

full member
Activity: 238
Merit: 100
Question: When you say a "wallet.dat type of setup", you're referring to how bitcoin addresses work (where the private keys are stored on the user's local machine), right?

Can't you emulate a "brain" with a wallet file? For example, with BTC, using blockchain.info, you could import a wallet (so its in the "brain") and then later export (so its out of the "brain").

Am I missing something?

(My current thinking is bitcoin like addresses with a wallet.dat file, so I'm just trying to  gauge the sentiment for this vs "brain" wallets)

yes, it could be as simple as a flat text-formatted file named wallet.dat that just contains a random string of 100 characters that is the passphrase for an account.  A client can then open up any or multiple accounts by reading that file.  In this case we are emulating how bitcoin-qt's unencrypted wallet.dat works, but theres nothing from keeping similar encryption done on the file.

or instead of a text file, it could be binary format, where instead of 100 character passphrase, its 256 bits of data representing the private key.  In this case the client will not perform the first sha256 hash that it normally runs against the passphrase to obtain the private key.

The reverse may also be true, where in a custom bitcoin client you could use a single passphrase to represent a bitcoin account; not completely sure yet though - it would depend on the relationship between public/private keys that bitcoin implements.

Edit to add:  yes a 100% brainwallet for bitcoin would be possible, as with bitcoin the public key is derived from the private key (just as it is with NXT)
member
Activity: 70
Merit: 10
how often is this updated https://docs.google.com/spreadsheet/ccc?key=0AlidWok7hW0DdDZ0amZpM00wQXhrR2lJM3pCOGRhNFE#gid=0 ? I am not on there dispite my contribution:https://bitcointalk.org/index.php?topic=440185.msg4886653#msg4886653
Thanks in advance!
sr. member
Activity: 299
Merit: 250
Is it possible to introduce a username + password option when creating/logging in an account aswell as a brute-force protection in order to make this crypto safer then the alternatives?

Debate!

Id like jaguar to at minimum to consider using a "username" and "password" field such that the password is salted with the username for key streching.  It will still require a very complex password though.

And it would be possible for multiple usernames to be in use. LOL

But consider this, if NEM were to go live with a wallet.dat type of setup, it would make it VERY attractive.  And if it were to get a wallet.dat type of setup before NXT did, then things would REALLY get interesting.

I envision the following upon opening the client:

User is presented with 2 options when clicking unlock, where the default is to utilize a wallet.dat setup and the user can open locally stored accounts or create a new one.  There is an another symbol on this unlock page that is an icon representing a brain, where the user can click it to go the brainwallet route if so desired. Obviously this option would need to come with all appropriate disclaimers

What do you guys think?  Im not the S/W dev, just the network dev but I think that would be ideal.

It sounds pretty cool.
The most awesome think would be being able to swtich between brain and wallet.dat.
Example: I'm going to work and in case I want to make a payment or alike in NEM I'd like to be able to access my wallet from any client so I put my wallet into the "brain".
Now I'm home again and I really don't want anyone to steal my NEM so I'll switch to a local wallet.dat file again and remove it from the "brain".

That would be so rad !
If we could introduce something like that people would throw their money at NEM like crazy Smiley

It may blow up the blockchain though. Maybe we don't have to hold it in a blockchain but make it possible to put it on a user hosted node. Like if I want to access my wallet from another client I would have to have my node running on the machine that holds my wallet.dat. That sounds doable.

Question: When you say a "wallet.dat type of setup", you're referring to how bitcoin addresses work (where the private keys are stored on the user's local machine), right?

Can't you emulate a "brain" with a wallet file? For example, with BTC, using blockchain.info, you could import a wallet (so its in the "brain") and then later export (so its out of the "brain").

Am I missing something?

(My current thinking is bitcoin like addresses with a wallet.dat file, so I'm just trying to  gauge the sentiment for this vs "brain" wallets)
newbie
Activity: 52
Merit: 0
I am currently running 2 nodes for NXT.
If need be, I would be willing to set up a node for NEM when the time is ready.
Keep us updated on the status of running nodes for NEM network.
newbie
Activity: 32
Merit: 0
then give me time please a simple installer! I can not do not know how to make a bath file/java to me is too much! in nxt there is not even a simple one click installer.
I have many coins and such a crap as with nxt I have never experienced before. ok then I can not enter halt or next must be a simple installer get as it also dodge or any other altcoin has
that annoys me really!

There's light client for android, you could try that.
https://play.google.com/store/apps/details?id=org.nextcoin.nxtclient

PS If that's showstopper for you, why do you invest in NXT? o0

I have not for each coin a wallet / client have? I always buy bitcoins on bitcoin.de send this to exchanges and buy myself because coins after election ... after loss and mood I'll sell them again Transfer the BTC to bitcoin.de and exchange into euro ...

But I am somewhat intrigued by the idea of Nxt and their course. Would like to also have a part to NEM, it would be something new for me.
newbie
Activity: 32
Merit: 0
the good thing about an English forum is that I can brush up my English Smiley

but you were right the installer is really easy ... but the other not, unfortunately.

I've reserved myself and do my no deposit later and another one for my dog, I have a doge who has also earned a stake Smiley
legendary
Activity: 866
Merit: 1002
then give me time please a simple installer! I can not do not know how to make a bath file/java to me is too much! in nxt there is not even a simple one click installer.
I have many coins and such a crap as with nxt I have never experienced before. ok then I can not enter halt or next must be a simple installer get as it also dodge or any other altcoin has
that annoys me really!

There's light client for android, you could try that.
https://play.google.com/store/apps/details?id=org.nextcoin.nxtclient

PS If that's showstopper for you, why do you invest in NXT? o0
sr. member
Activity: 602
Merit: 268
Internet of Value
then give me time please a simple installer! I can not do not know how to make a bath file/java to me is too much! in nxt there is not even a simple one click installer.
I have many coins and such a crap as with nxt I have never experienced before. ok then I can not enter halt or next must be a simple installer get as it also dodge or any other altcoin has
that annoys me really!

Make a reservation post in the registration thread and you can edit that post and add the transaction later.

No need to know how to create bat file since there is also one click-installer in the nextcoin forum as I recalled.

Here it is https://nextcoin.org/index.php/topic,1902.0.html ; I trust the developer of this installer but you should just send a small amount at the beginning.
hero member
Activity: 1116
Merit: 535

Hi you need to withdraw your NXT into your own client first. Can't send NXT directly from BTER anymore due to the aka counter-sockpuppet measure.

This can counter partially the socket puppets as you all may be aware
one person can create multiple NXT or BTC accounts.
newbie
Activity: 32
Merit: 0
then give me time please a simple installer! I can not do not know how to make a bath file/java to me is too much! in nxt there is not even a simple one click installer.
I have many coins and such a crap as with nxt I have never experienced before. ok then I can not enter halt or next must be a simple installer get as it also dodge or any other altcoin has
that annoys me really!
sr. member
Activity: 602
Merit: 268
Internet of Value
ok than i will make a pay in with bter of 400 Nxt coins but where i can find the transaction ID?

Hi you need to withdraw your NXT into your own client first. Can't send NXT directly from BTER anymore due to the aka counter-sockpuppet measure.
newbie
Activity: 32
Merit: 0
ok than i will make a pay in with bter of 400 Nxt coins but where i can find the transaction ID?
sr. member
Activity: 602
Merit: 268
Internet of Value
I personally brought 3 of my friends (total newbies) into NEM yesterday, today morning one of those people called me and said, that he also brought in his brother, but his brother is asking If his roommate can also get in Cheesy ... so maybe situation around new accounts is not so tragic.

I think we're going to reach the 3k accounts really soon especially if and when the ads on reddit go online.
I hope the time between reaching account limit and actual release of NEM won't be too long. I think that could cost us some tracktion.

I have a plan for that. The key concept here is parallel development. Technical development goes along side with user base development and community building.
newbie
Activity: 50
Merit: 0
Is it possible to introduce a username + password option when creating/logging in an account aswell as a brute-force protection in order to make this crypto safer then the alternatives?

Debate!

Id like jaguar to at minimum to consider using a "username" and "password" field such that the password is salted with the username for key streching.  It will still require a very complex password though.

And it would be possible for multiple usernames to be in use. LOL

But consider this, if NEM were to go live with a wallet.dat type of setup, it would make it VERY attractive.  And if it were to get a wallet.dat type of setup before NXT did, then things would REALLY get interesting.

I envision the following upon opening the client:

User is presented with 2 options when clicking unlock, where the default is to utilize a wallet.dat setup and the user can open locally stored accounts or create a new one.  There is an another symbol on this unlock page that is an icon representing a brain, where the user can click it to go the brainwallet route if so desired. Obviously this option would need to come with all appropriate disclaimers

What do you guys think?  Im not the S/W dev, just the network dev but I think that would be ideal.

Stretch your brains and try the best you can! That's in general, for everyone.

But that option would be really nice.

And what about two-factor authentication? Wouldn't that be a step forward?

Debate!
hero member
Activity: 980
Merit: 1001
Is it possible to introduce a username + password option when creating/logging in an account aswell as a brute-force protection in order to make this crypto safer then the alternatives?

Debate!

Id like jaguar to at minimum to consider using a "username" and "password" field such that the password is salted with the username for key streching.  It will still require a very complex password though.

And it would be possible for multiple usernames to be in use. LOL

But consider this, if NEM were to go live with a wallet.dat type of setup, it would make it VERY attractive.  And if it were to get a wallet.dat type of setup before NXT did, then things would REALLY get interesting.

I envision the following upon opening the client:

User is presented with 2 options when clicking unlock, where the default is to utilize a wallet.dat setup and the user can open locally stored accounts or create a new one.  There is an another symbol on this unlock page that is an icon representing a brain, where the user can click it to go the brainwallet route if so desired. Obviously this option would need to come with all appropriate disclaimers

What do you guys think?  Im not the S/W dev, just the network dev but I think that would be ideal.

It sounds pretty cool.
The most awesome think would be being able to swtich between brain and wallet.dat.
Example: I'm going to work and in case I want to make a payment or alike in NEM I'd like to be able to access my wallet from any client so I put my wallet into the "brain".
Now I'm home again and I really don't want anyone to steal my NEM so I'll switch to a local wallet.dat file again and remove it from the "brain".

That would be so rad !
If we could introduce something like that people would throw their money at NEM like crazy Smiley

It may blow up the blockchain though. Maybe we don't have to hold it in a blockchain but make it possible to put it on a user hosted node. Like if I want to access my wallet from another client I would have to have my node running on the machine that holds my wallet.dat. That sounds doable.
hero member
Activity: 980
Merit: 1001
thank you but i only buy btc on bitcoin.de and transfer it to bter and vircurex i do not have any client i invest in altcoins and send if i want withdrawal to bitcoin.de to become fiat i do not have any wallet.

I think you can just withdraw bitcoins to the NEM funding adress. Be carefull with fees though.
full member
Activity: 238
Merit: 100
Is it possible to introduce a username + password option when creating/logging in an account aswell as a brute-force protection in order to make this crypto safer then the alternatives?

Debate!

Id like jaguar to at minimum to consider using a "username" and "password" field such that the password is salted with the username for key streching.  It will still require a very complex password though.

And it would be possible for multiple usernames to be in use. LOL

But consider this, if NEM were to go live with a wallet.dat type of setup, it would make it VERY attractive.  And if it were to get a wallet.dat type of setup before NXT did, then things would REALLY get interesting.

I envision the following upon opening the client:

User is presented with 2 options when clicking unlock, where the default is to utilize a wallet.dat setup and the user can open locally stored accounts or create a new one.  There is an another symbol on this unlock page that is an icon representing a brain, where the user can click it to go the brainwallet route if so desired. Obviously this option would need to come with all appropriate disclaimers

What do you guys think?  Im not the S/W dev, just the network dev but I think that would be ideal.
newbie
Activity: 50
Merit: 0
Is it possible to introduce a username + password option when creating/logging in an account aswell as a brute-force protection in order to make this crypto safer then the alternatives?

Debate!
newbie
Activity: 32
Merit: 0
thank you but i only buy btc on bitcoin.de and transfer it to bter and vircurex i do not have any client i invest in altcoins and send if i want withdrawal to bitcoin.de to become fiat i do not have any wallet.
hero member
Activity: 980
Merit: 1001
Hello,

I come from nextcoin forum out here. Also would like to enter but I have no clients!
Why? Because it does not work for me!
I have BTC and LTC and also Nxt at bter.com and vircurex can nxt from there or send btc??

You mean the nxt client isn't working for you and you want to send it from bter or send btc ?
You can send btc. Just go to the registration thread.
Jump to: