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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1910. (Read 2761645 times)

legendary
Activity: 1540
Merit: 1016
today is a great day!:)
hero member
Activity: 616
Merit: 500
Guys, something weird happened!

Either I screwed up big or maybe it's some bug?

I've sent today 14699 NXT to a customer in response for his withdrawal request, but money went into another account #434692873790144579 (tx 4799337629054063359).

So are there any checks for validity of addresses or can it be absolutely any number?

Anybody owns this account by any chance?

The weird thing is I am very careful and I do copy-paste from the form that my backend shows me. I have no idea where this erroneous number could appear from, because there are no users with such number in my database. There are no passwords, or accounts with that number which I could have accidentally copied. All my passwords and phrases are alphanumeric.

My client is 0.4.8 and has correct hash (I checked after reports today).

So how could this happen???

If it was a mistake, I guess there is no chance to find a key for this account? Smiley

Still, I absolutely can't understand, how, during a simple copy-paste, this could have happened...

Framewood and intel (sorry if I am not aware of others) have reported exactly the same thing.   Huh
someone publish a problematic address so others can test for the same behavior?
full member
Activity: 189
Merit: 100
Hi all,

Today is the big day... history will be made Wink We humans after years think back of this day and how NXT changed the world and its first steps...

I am sure to look through the code and get some bounties, today..

Please donate some 13792774143018875909 if possible!

Thank you very much! Have a great day and brilliant mood



legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
There are ways to make a crypto currency QC proof but not if your public key has been seen.

So my question/concern is why the 2^64 approach rather a hash of the public key like Bitcoin?
legendary
Activity: 1946
Merit: 1035
I still believe there should be a better way to distribute the money supply.

I have bought a small amount of NXT already (about 3000) but even so, I can't imagine forging more than a few, hopefully, every month.

There should be some clever incentive to bring more coins during a 'land rush' phase of some kind
member
Activity: 60
Merit: 10
Yes, everyone. BUY BUY BUY. Open source will put this on parity with BTC! GO GO GO!

No.

Now the passcode is: Think Think Think.

Because like on Finance Yahoo the analysers said this coin can easily overtake Peercoin, let's imagine that the coin can arrive to $1 in a short time. The real point is BTC, how can we arrive to it?
NWO
sr. member
Activity: 392
Merit: 250
Yes, everyone. BUY BUY BUY. Open source will put this on parity with BTC! GO GO GO!
member
Activity: 60
Merit: 10
Is the code release confirmed or is the price gonna tank if they fail to deliver?

I was thinking of buying some but might not be the best time..?

Actually this is the last moment when you can buy them
member
Activity: 98
Merit: 10
two weeks working as an (crypto-currency) investment banker for the serbian mafia

Holy shit!

(You guys can probably tell how new I am to all this...)
full member
Activity: 121
Merit: 100
newbie
Activity: 28
Merit: 0
I don't ever want to get on rickyjames' bad side Shocked
If you think that's bad you should hear some of the conversation I have recorded between me and some of my former clients...

Long story short I quit after two weeks working as an (crypto-currency) investment banker for the serbian mafia... Not because I was on their bad side, but I heard about the things they did to those that stole from them.

I may have to push the 72 hours out to around 4-5 days, I need to code much more than I initially planned.
full member
Activity: 121
Merit: 100
The Block generation have occupied by the large amount account.
Although the POS system, the more amount, the faster mining.
But this system is not a few people's toys, if it want to use a large-scale users, Should increase the equity of minority shareholders to encourage them mining
member
Activity: 98
Merit: 10
I don't ever want to get on rickyjames' bad side Shocked
full member
Activity: 224
Merit: 100
Is the code release confirmed or is the price gonna tank if they fail to deliver?

I was thinking of buying some but might not be the best time..?

What is your question? You seem to have answered it all by yourself. If the question is was it confirmed, then look like 6 posts up.
full member
Activity: 196
Merit: 100
Come on, Epic Thomas, this isn't the kind of world you want Joceyln to grow up in.  Do the right thing, be a force for good, return the NXT.  

sr. member
Activity: 266
Merit: 250
Is the code release confirmed or is the price gonna tank if they fail to deliver?

I was thinking of buying some but might not be the best time..?
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
If you send NXT to an address and don't open the address after, no private/public key pair is generated for that address.  This means the account is only protected by (if I'm remembering correctly what CfB said) the 64 bits of the account number, not fully protected by all 256 bits of the private key.

Yes - this is what I had recalled - so what I was hoping one could do is to generate the address and somehow publish the public key without the private key (or pass phrase) ever being even temporarily on an online computer.

Since it's in java does the client still run in offline mode?  Wouldn't that generate an address but not be technically exposed online?
newbie
Activity: 35
Merit: 0

that first account has a really short public number. Is this an account with a working private key, or just fake account? Its one in a billion chance
It's not fake. It is one hour work of my computer. I wrote a small generator for the searching the shortest or the pretty ID, as example, 7033070170030337101 (only 4 dif digest) or 203027244103. If you run generation for a long time, you can get a more shorter ID.
full member
Activity: 238
Merit: 100

Your missing the point about your public key being "published" - this is one of the reasons why address re-use is considered bad.

If someone is able to crack the EC used (with QC I guess) then your funds are gone as they will determine your private key from the public one.

Of course this is also a big problem for Bitcoin - but as this is a 2nd generation crypto-currency I would have thought that this would have been taken into consideration.


What do you mean by EC/QC?  But it does sound like you are saying that also with the 2 choices I laid out, that you are saying we need to consider the 3rd choice of sending out your public key and weighing the risk of the curve/sha256 algorithm being cracked itself?  so basically weigh 2^64 against the odds of curve/sha256 being broken?
http://en.wikipedia.org/wiki/Elliptic_curve_cryptography http://en.wikipedia.org/wiki/Quantum_computer

how do you even go about devising a key scheme that wouldnt be defeated by QC means?  Just not base it on any Curve/ED/etc type of algorithm?
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
What do you mean by EC/QC?  But it does sound like you are saying that also with the 2 choices I laid out, that you are saying we need to consider the 3rd choice of sending out your public key and weighing the risk of the curve/sha256 algorithm being cracked itself?  so basically weigh 2^64 against the odds of curve/sha256 being broken?

Yes - (QC = Quantum Computing which is the most likely thing that could break the EC = "elliptical curve") - so a question of just how safe 2^64 is going to be if you are paranoid that the curve will get cracked sometime.
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