Author

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1350. (Read 2985503 times)

hero member
Activity: 980
Merit: 1001
That would basically be another round of redemption and that takes months. I don't think we have the time for that. You could have suggested that half a year ago Smiley

The proposed method doesn't need months. Majority of nemsters are waiting for the launch, so they will read an announcement and install the software. The rest will take a week. Why do you think about months here?

roughly 1400 people have to have their client running at the same time. That's like waiting for some special stellar constellation Smiley
Not to mention that a huge chunk of stakeholders only drop by once a month so it would have to be at least 1 month after the announcement which even if the announcement was made right now would be later than what we hope to be launch.
legendary
Activity: 2142
Merit: 1010
Newbie
That would basically be another round of redemption and that takes months. I don't think we have the time for that. You could have suggested that half a year ago Smiley

The proposed method doesn't need months. Majority of nemsters are waiting for the launch, so they will read an announcement and install the software. The rest will take a week. Why do you think about months here?
hero member
Activity: 1116
Merit: 535
When the distribution is complete and I have my NEM.

Is the Private key I own right now the most important access to it?
So, there is no way I can lose it when my laptop crashes or something.

AFTER LAUNCH:
Ideally you should remove all traces of that private key in cleartext after you've imported it into a password protected wallet. After that your wallet is the most important thing and you should have multiple backups of it on different drives.
All NEM wallets are encrypted and password protected by default which is why it's a much safer way to keep your private key than to have the cleartext lying around.

Ok.

But when you lose the backups as well. Is it still possible to enter your wallet with the Private key I have stored?

I think if you loose or delete your wallet you need to create a new one
and then import the same private key you have stored in it to access the accounts (funds) tied to this private key.

Also I would suggest you for security reason to make a copy of the private key
also on paper or some other storage device to not loose it in case your PC or laptop stops working.


hero member
Activity: 616
Merit: 500
When the distribution is complete and I have my NEM.

Is the Private key I own right now the most important access to it?
So, there is no way I can lose it when my laptop crashes or something.

AFTER LAUNCH:
Ideally you should remove all traces of that private key in cleartext after you've imported it into a password protected wallet. After that your wallet is the most important thing and you should have multiple backups of it on different drives.
All NEM wallets are encrypted and password protected by default which is why it's a much safer way to keep your private key than to have the cleartext lying around.

Ok.

But when you lose the backups as well. Is it still possible to enter your wallet with the Private key I have stored?
hero member
Activity: 980
Merit: 1001
When the distribution is complete and I have my NEM.

Is the Private key I own right now the most important access to it?
So, there is no way I can lose it when my laptop crashes or something.

AFTER LAUNCH:
Ideally you should remove all traces of that private key in cleartext after you've imported it into a password protected wallet. After that your wallet is the most important thing and you should have multiple backups of it on different drives.
All NEM wallets are encrypted and password protected by default which is why it's a much safer way to keep your private key than to have the cleartext lying around.
hero member
Activity: 616
Merit: 500
When the distribution is complete and I have my NEM.

Is the Private key I own right now the most important access to it?
So, there is no way I can lose it when my laptop crashes or something?
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
I'm pretty busy, so don't be concerned if I don't reply to your pm's immediately. I'll get through the appeal within 24 hours or so.
hero member
Activity: 980
Merit: 1001
What exactly do you have in mind ? What would that look like ?

Everyone who controls private keys to a set of stakes that need to be investigated (excluding those from Nxt AE I think) launches NEM wallet and leave it open. At some moment (triggered by Bitcoin block N, data can be gotten from Blockchain.Info easily) all the wallets start solving cryptographical puzzles depending on Bitcoin block hash and NEM account id. In 15 minutes these puzzles are sent to a server controlled by NEM devs and the hash of received puzzles is published and copied by a lot of people who have to wait these 15 minutes.

After that we can make a good assessment how many computers "controlled" by a particular NEM stake and we can verify the puzzles because their hash is publicly known. Someone owning 100 stakes have to find 100 computers.

That would basically be another round of redemption and that takes months. I don't think we have the time for that. You could have suggested that half a year ago Smiley
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
Thanks for opening the appeal processing so soon. Just sent a PM to makoto and I hope it will be carefully reviewed.

Of course we will treat every NEMster seriously. Please just be polite!
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
We don't want to publish a list of names because of privacy reasons.

I can compile a chart of the registration dates, ranks, and post counts of NEM stakeholders. Or do you have other suggestions?

At this point, I'm fairly comfortable that there are no major sockmasters.

Is there time to do an extra round of sockpuppet hunt that would affect a potential insider?

Look at the situation from point of view of a guy from outside:

Mr.X owns 100 sockpuppet stakes.
He does a great analysis and finds 400 sockpuppet stakes belonging to someone else.
He comes to NEM devs and shows the analysis that reveals only those stakes that are not controlled by him.
NEM devs get rid of those 400 sockpuppets.

NEM devs are happy = they removed 400 rogue stakes.
Mr.X is happy = he has 100 his stakes safe (noone will do an extra round after such the great analysis).
Some guys who know double agent tricks are not happy.

If you flew to Japan and bought me some sake, I'd walk through all the redemption data with you Wink
newbie
Activity: 23
Merit: 0
Thanks for opening the appeal processing so soon. Just sent a PM to makoto and I hope it will be carefully reviewed.
legendary
Activity: 2142
Merit: 1010
Newbie
What exactly do you have in mind ? What would that look like ?

Everyone who controls private keys to a set of stakes that need to be investigated (excluding those from Nxt AE I think) launches NEM wallet and leave it open. At some moment (triggered by Bitcoin block N, data can be gotten from Blockchain.Info easily) all the wallets start solving cryptographical puzzles depending on Bitcoin block hash and NEM account id. In 15 minutes these puzzles are sent to a server controlled by NEM devs and the hash of received puzzles is published and copied by a lot of people who have to wait these 15 minutes.

After that we can make a good assessment how many computers "controlled" by a particular NEM stake and we can verify the puzzles because their hash is publicly known. Someone owning 100 stakes have to find 100 computers.
hero member
Activity: 980
Merit: 1001
We don't want to publish a list of names because of privacy reasons.

I can compile a chart of the registration dates, ranks, and post counts of NEM stakeholders. Or do you have other suggestions?

At this point, I'm fairly comfortable that there are no major sockmasters.

Is there time to do an extra round of sockpuppet hunt that would affect a potential insider?

Look at the situation from point of view of a guy from outside:

Mr.X owns 100 sockpuppet stakes.
He does a great analysis and finds 400 sockpuppet stakes belonging to someone else.
He comes to NEM devs and shows the analysis that reveals only those stakes that are not controlled by him.
NEM devs get rid of those 400 sockpuppets.

NEM devs are happy = they removed 400 rogue stakes.
Mr.X is happy = he has 100 his stakes safe (noone will do an extra round after such the great analysis).
Some guys who know double agent tricks are not happy.

What exactly do you have in mind ? What would that look like ?
member
Activity: 86
Merit: 10
We don't want to publish a list of names because of privacy reasons.

I can compile a chart of the registration dates, ranks, and post counts of NEM stakeholders. Or do you have other suggestions?

At this point, I'm fairly comfortable that there are no major sockmasters.

Is there time to do an extra round of sockpuppet hunt that would affect a potential insider?

Look at the situation from point of view of a guy from outside:

Mr.X owns 100 sockpuppet stakes.
He does a great analysis and finds 400 sockpuppet stakes belonging to someone else.
He comes to NEM devs and shows the analysis that reveals only those stakes that are not controlled by him.
NEM devs get rid of those 400 sockpuppets.

NEM devs are happy = they removed 400 rogue stakes.
Mr.X is happy = he has 100 his stakes safe (noone will do an extra round after such the great analysis).
Some guys who know double agent tricks are not happy.

Too difficult ... Sad   
... in the level of the used transparency.
legendary
Activity: 2142
Merit: 1010
Newbie
We don't want to publish a list of names because of privacy reasons.

I can compile a chart of the registration dates, ranks, and post counts of NEM stakeholders. Or do you have other suggestions?

At this point, I'm fairly comfortable that there are no major sockmasters.

Is there time to do an extra round of sockpuppet hunt that would affect a potential insider?

Look at the situation from point of view of a guy from outside:

Mr.X owns 100 sockpuppet stakes.
He does a great analysis and finds 400 sockpuppet stakes belonging to someone else.
He comes to NEM devs and shows the analysis that reveals only those stakes that are not controlled by him.
NEM devs get rid of those 400 sockpuppets.

NEM devs are happy = they removed 400 rogue stakes.
Mr.X is happy = he has 100 his stakes safe (noone will do an extra round after such the great analysis).
Some guys who know double agent tricks are not happy.
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
BTW, there are two things:

1) Please try to promote our reddit page (http://www.reddit.com/r/nem/) and make it more active

2) Are there any brick and mortar shops that are interested in accepted NEM?

No one wants to run our reddit page? CfB? CfA? Nemtildah? Anyone?
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
I can't find that post about Mr. X who found 400 sockpuppets. A NEM dev mentioned that he was PhD in something and that he was really good in his area of expertise. Any ideas where that post is?

https://forum.nemcoin.com/index.php?pretty;board=nem-news-alerts;topic=the-age-of-extinction-the-final-blow-to-sockmasters.0

Feel free to join our forums while you're there ^ ^
member
Activity: 86
Merit: 10
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
If you read the explanation of the analysis on our forums, then you would know that accounts had to be linked into fingerprint or ip-based clusters...

How could the community verify that there are no other sockpuppets controlled by an insider left? Is the anti-sockpuppet analysis published somewhere?

We don't want to publish a list of names because of privacy reasons.

I can compile a chart of the registration dates, ranks, and post counts of NEM stakeholders. Or do you have other suggestions?

At this point, I'm fairly comfortable that there are no major sockmasters.
Jump to: