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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1310. (Read 2985503 times)

legendary
Activity: 1568
Merit: 1002



private keys are set lengths because of the algorithm that is used to convert them into an address. nems wallet files/private keys work in a much different way to brain wallets. you cant use a private key unless it is the right length and only using alpha numeric codes.. the password for your wallet file will use a password and for that, there is nothing wrong with using a very long password to encrypt the wallet file which would most certainly add to security. the difference being that with brain wallets you dont need the wallet file. this means with wallet files someone would actually have to get into your computer to try and crack the wallet file appose to just booting the client and trying passwords. the odds of someone guessing your private key is so small that it doesnt need to be any longer afaik.


Thanks for the answer. But I'm not sure if I get it right;
without the access to the wallet, private key has no use?

i.e. cannot someone keep generating private keys and try to login with them, while using a generic wallet?

a wallet file just stores encrypted private keys.. thats all its really for as far as i know.. if you have the private key you can easily generate a wallet file. someone can try to do that to look for funded accounts, and it is possible but so unlikely it will probably never work.. if it worked, people would have been doing that to bitcoin for years but iv never heard of anyone ever actually having done it.. someone else will have to step in with the maths on this.. Wink
sr. member
Activity: 280
Merit: 250



private keys are set lengths because of the algorithm that is used to convert them into an address. nems wallet files/private keys work in a much different way to brain wallets. you cant use a private key unless it is the right length and only using alpha numeric codes.. the password for your wallet file will use a password and for that, there is nothing wrong with using a very long password to encrypt the wallet file which would most certainly add to security. the difference being that with brain wallets you dont need the wallet file. this means with wallet files someone would actually have to get into your computer to try and crack the wallet file appose to just booting the client and trying passwords. the odds of someone guessing your private key is so small that it doesnt need to be any longer afaik.


Thanks for the answer. But I'm not sure if I get it right;
without the access to the wallet, private key has no use?

i.e. cannot someone keep generating private keys and try to login with them, while using a generic wallet?
member
Activity: 80
Merit: 10
There is nothing wrong with using a very long password to encrypt the wallet file which would most certainly add to security.

Ok, thank you for info. Is there some length limit for wallet password? It will be generated anyway so 100 or 200 characters is the same work for a person. I don't want to end up with trimmed length of my password without knowing it.
hero member
Activity: 980
Merit: 1001
No remote NIS found in the network, disconnected from internet? (at block 1)

same here, testnet seems to be down, blockchain-explorer not available !

ahh.. devs could well be dismantelling the test net in preparation for launch.

dev hosted nodes are being migrated. Nembex is already on live net.
legendary
Activity: 1568
Merit: 1002
No remote NIS found in the network, disconnected from internet? (at block 1)

same here, testnet seems to be down, blockchain-explorer not available !

ahh.. devs could well be dismantelling the test net in preparation for launch.
legendary
Activity: 1568
Merit: 1002
if you are unsure about any of the technical stuff, please read this guide before doing anything.
http://blog.nem.io/getting-started-with-nem/

it explains some very important stuff and also shows how you are supposed to import your account to get your nem. if anyone says they are unsure what to do, post that link.

Very clear and informative.

Are acceptable all three ways for good backup:

A) display and copy Private Keys of all of my accounts from wallet in text form?
B) send funds from all secondary accounts to the primary account and backup only one Private Key of the primary account
C) "Export Wallet" zip as it is in the tutorial

a) is fine but dont leave the text file on your desktop in plain text form. at minimum, put the file on a usb key.

b) dont do this, because when you boot the client, it autoboots using the "primary account" that is generated when you first create a wallet. its only a tiny security risk, but its not worth taking any risk at all imo. if you want to use this method, it is fine so long as you send the funds to one of your secondary accounts back up the private key of the secondary account.  using primary account for this is most likely perfectly fine, but it would technically increase risk ever so slightly and its always best to use the least risky method you know possible so thats why i say not to use primary account.. not trying to scare anyone.. Cheesy its just "best practice" imo to not store funds in the account you use to boot your node.. thats it really.

c) that is also fine, but be sure not to forget the password to your wallet and also, if possible, export the wallet to a usb key.

d) what i would suggest, is a mix of all three. display the private key of each account that have funds and write down the keys and addresses(so you know which key is for which address) and put the sheet of paper away somewhere safe. then back up the wallet file and (addressbook file) that contains your accounts and save them onto a USB, preferably duplicating the files onto another USB and putting that usb in another safe place. also, write the password for the wallet file on another sheet of paper as the private keys just in case for what ever reason you forget the password and also put this piece of paper somewhere very safe that you wont forget.



Hey guys.
And a question by me which is a basic one and very likely talked about before. Considering the private key is the most important data to secure your account, is there any reason to use a more secure password/brain wallet then "00a95cc54834d5ab342pql19ae7b177a15b9d3212d6c69fe5c8740612a0ee4d492" ?

This is the private key of an account and why should I make a REALLY complicated password like we're doing with NXT? (200 char passwords with space and special symbols is not uncommon).

Do I miss something?

private keys are set lengths because of the algorithm that is used to convert them into an address. nems wallet files/private keys work in a much different way to brain wallets. you cant use a private key unless it is the right length and only using alpha numeric codes.. the password for your wallet file will use a password and for that, there is nothing wrong with using a very long password to encrypt the wallet file which would most certainly add to security. the difference being that with brain wallets you dont need the wallet file. this means with wallet files someone would actually have to get into your computer to try and crack the wallet file appose to just booting the client and trying passwords. the odds of someone guessing your private key is so small that it doesnt need to be any longer afaik.

No remote NIS found in the network, disconnected from internet? (at block 1)

go to settings -> look at the option that says "host" and if it says anything other than "localhost" in the box, change it back to localhost. if it is localhost already, i dont know what could cause that.
hero member
Activity: 658
Merit: 500
No remote NIS found in the network, disconnected from internet? (at block 1)

same here, testnet seems to be down, blockchain-explorer not available !
hero member
Activity: 672
Merit: 500
No remote NIS found in the network, disconnected from internet? (at block 1)
sr. member
Activity: 280
Merit: 250
Hey guys.
And a question by me which is a basic one and very likely talked about before. Considering the private key is the most important data to secure your account, is there any reason to use a more secure password/brain wallet then "00a95cc54834d5ab342pql19ae7b177a15b9d3212d6c69fe5c8740612a0ee4d492" ?

This is the private key of an account and why should I make a REALLY complicated password like we're doing with NXT? (200 char passwords with space and special symbols is not uncommon).

Do I miss something?
member
Activity: 80
Merit: 10
if you are unsure about any of the technical stuff, please read this guide before doing anything.
http://blog.nem.io/getting-started-with-nem/

it explains some very important stuff and also shows how you are supposed to import your account to get your nem. if anyone says they are unsure what to do, post that link.

Very clear and informative.

Are acceptable all three ways for good backup:

A) display and copy Private Keys of all of my accounts from wallet in text form?
B) send funds from all secondary accounts to the primary account and backup only one Private Key of the primary account
C) "Export Wallet" zip as it is in the tutorial
legendary
Activity: 1568
Merit: 1002
hero member
Activity: 658
Merit: 500
Good news !!!

I use the standalone version. How can I start a portable browser from a stick using runMon.bat (config.properties) ?
legendary
Activity: 1310
Merit: 1000
legendary
Activity: 1568
Merit: 1002
Link to the Newsletter: http://blog.nem.io/the-newsletter/

someone changed the link when quoting it so now the link in the announcement is broken.

xtester, i would say delete the posts that have the broken link cos it just looks really bad with a broken link there and it appears it was done on purpose.

Here is my post with working links(newsletter and countdown timer), please stop quoting the posts with broken links. Thanks.


This is precisely my point (post above yours). Misinformation is easily spread through quotes on forums and this is exactly how malicious keyloggers and such would get spread. People need to be mindful of this.

I ve clicked the "broken link". Could it be a keylogger or something malicious?

no.. someone just mucking about changed it to a bitcointalk link but with "newsletter bla bla".. you can see the link by quoting the comment and exiting again..
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
what to do now? waiting until l(a)unch tomorrow to get our xem or how we get the xem?? will there be a new version to type the public and private key?

Yes they will release a new client at launch which you have to download and enter your private key etc. you received during redemption process. After logging in you should see your XEM in your account.


With this in mind i'd like to spread some awareness:

This would be the prime time scammers and dishonest people would likely start flooding nem threads with bogus links to the "client" in order to steal your private wallet details.

Remember to double check the authenticity of any links before you commit to clicking them. Avoid clicking links from quotes and suchlike as quotes are so easily altered.

http://blog.nem.io/getting-started-with-nem/

nem.io is the official site
legendary
Activity: 1310
Merit: 1000
Link to the Newsletter: http://blog.nem.io/the-newsletter/

someone changed the link when quoting it so now the link in the announcement is broken.

xtester, i would say delete the posts that have the broken link cos it just looks really bad with a broken link there and it appears it was done on purpose.

Here is my post with working links(newsletter and countdown timer), please stop quoting the posts with broken links. Thanks.


This is precisely my point (post above yours). Misinformation is easily spread through quotes on forums and this is exactly how malicious keyloggers and such would get spread. People need to be mindful of this.

I ve clicked the "broken link". Could it be a keylogger or something malicious?
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I cannot run a wallet with the standalone version.

Will there be another wallet at launch?

I always get the message that I must "boot a local node" but I cannot find a way to do it after many hours spent on my computer. I went on the firewall parameters and authorize port 7890 but nothing works.

Anyone with installing issues?


did you actually go into the wallet? it should auto boot once you (create, if you havnt already done so and ) open a wallet.

http://blog.nem.io/windows-installation-guide-standalone/

Sometimes the blockchain needs to sync or load before the local node is booted.


Or you might try deleting your database and starting over. http://blog.nem.io/how-to-delete-the-database-file/
legendary
Activity: 1568
Merit: 1002
I cannot run a wallet with the standalone version.

Will there be another wallet at launch?

I always get the message that I must "boot a local node" but I cannot find a way to do it after many hours spent on my computer. I went on the firewall parameters and authorize port 7890 but nothing works.

Anyone with installing issues?


did you actually go into the wallet? it should auto boot once you (create, if you havnt already done so and ) open a wallet.
full member
Activity: 189
Merit: 100
I cannot run a wallet with the standalone version.

Will there be another wallet at launch?

I always get the message that I must "boot a local node" but I cannot find a way to do it after many hours spent on my computer. I went on the firewall parameters and authorize port 7890 but nothing works.

Anyone with installing issues?
legendary
Activity: 1568
Merit: 1002
guys new promo videos released. Smiley

https://www.youtube.com/watch?v=3ClzvI5EFss

https://www.youtube.com/watch?v=XqKkM79UWe0

please share them and spread the word!!

nice promo videos, I see you guys launched a new reddit thread.


yeah its still under construction though afaik.. final touches being made so we didnt advertise it yet. we sort of had to put it in the video though before releasing.
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