NXT :: descendant of Bitcoin - Updated Information - page 452.

Sebastien256

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Quote from: ChuckOne on March 08, 2014, 05:24:44 PM

Quote from: Sebastien256 on March 08, 2014, 05:19:13 PM

Quote from: eightspaces on March 08, 2014, 05:17:45 PM

price seems to be always the same

price do not matter now. Only growing community and nxt feathure. Hopefully.

How many people have you told about NXT?

Some friends and work collegues, also, sometime I post some comments there and there below some bitcoin articles on the internet. My girlfriend is the only one I manage to get interest to put some money in nxt, after hardwork. Selling nxt to people that don't understand web technology is very difficult. Rightnow, I like to spare some time by giving my opinion and helping newcomers. Im reading this thread since december 21. Weird question by the way.

bitcoinpaul

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This 10% thing seems like a strange and confusing idea. I don't talk about the technical aspects or the possibilities with it, I just talk from a user standpoint.

Damelon

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Quote from: BrianNowhere on March 08, 2014, 05:07:00 PM

Since there's no username/password combination, a hacker does not need to target an account to crack it. They can set up a cracker to log into http://localhost:7875/ and start with A, then AA, Then AAA and so on. They can run this cycle continuously. If your password is halfway decent maybe it takes them a couple of years to break it, but since you can't change your secret phrase you are a sitting duck. You can send to a new account once in a while but you lose your "coin age" and have to wait 1440 blocks to forge again every time you do this.

I typed in 'password" and instantly gained access to an account that had a couple hundred NXT there at one point. Who's NXT indeed.

I did some checking on such claims a few days ago for this thread: https://nextcoin.org/index.php/topic,4290.msg40035.html#msg40035

For the "password" account it's the same. You can see they moved the money in and immediately out.
The only other Nxt in there was from the faucet. It was NEVER a serious account!

Most weak password accounts, and you can check, are from december, when this issue wasn't known that well, or were faucet thiefs.

I really would like people to not only state facts, but also interpret them.

ChuckOne

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☕ NXT-4BTE-8Y4K-CDS2-6TB82

Quote from: Sebastien256 on March 08, 2014, 05:19:13 PM

Quote from: eightspaces on March 08, 2014, 05:17:45 PM

price seems to be always the same

price do not matter now. Only growing community and nxt feathure. Hopefully.

How many people have you told about NXT?

chanc3r

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Activity: 952

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Quote from: BrianNowhere on March 08, 2014, 05:21:19 PM

Quote from: ChuckOne on March 08, 2014, 05:03:47 PM

Tying an account to a MAC address is also not possible.

That sux. What about IP address?

Well you could use you MAC address as part of your secret phrase but I don't think thats what you mean

antanst

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Quote from: BrianNowhere on March 08, 2014, 05:07:00 PM

Since there's no username/password combination, a hacker does not need to target an account to crack it. They can set up a cracker to log into http://localhost:7875/ and start with A, then AA, Then AAA and so on. They can run this cycle continuously. If your password is halfway decent maybe it takes them a couple of years to break it, but since you can't change your secret phrase you are a sitting duck. You can send to a new account once in a while but you lose your "coin age" and have to wait 1440 blocks to forge again every time you do this.

Everyone can leave a cracker open indefinitely. You can do that in Bitcoin as well. Just download vanitygen, generate addresses and look at their balances. (edit: I just saw that chanc3r said the same thing Cheesy

) If you get extremely lucky, you may stumble upon one with few coins in a few million years :-)

Quote

I typed in 'password" and instantly gained access to an account that had a couple hundred NXT there at one point. Who's NXT indeed.

That's a problem with brainwallets. The security of the account is tied to the password strength the user chooses. And strong passwords aren't convenient.

Sebastien256

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Quote from: BrianNowhere on March 08, 2014, 05:21:19 PM

Quote from: ChuckOne on March 08, 2014, 05:03:47 PM

Tying an account to a MAC address is also not possible.

That sux. What about IP address?

impossible, most people use dynamic ip

BrianNowhere

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Quote from: ChuckOne on March 08, 2014, 05:03:47 PM

Tying an account to a MAC address is also not possible.

That sux. What about IP address?

Sebastien256

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Activity: 715

Merit: 500

Quote from: eightspaces on March 08, 2014, 05:17:45 PM

price seems to be always the same

price do not matter now. Only growing community and nxt feathure. Hopefully.

eightspaces

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Activity: 126

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Quote from: Sebastien256 on March 08, 2014, 05:16:53 PM

Quote from: eightspaces on March 08, 2014, 05:15:49 PM

Quote from: eightspaces on March 07, 2014, 07:08:05 PM

what is the best nxt client (multiplatform) so far?

which one is endorsed by bcnext ?

thx

anyone please? thank u

none, i think. But I think wesley client will be integrated by default in the near future.

thank u. nxt really needs a "next gen" client that any noob can use. its so important.

price seems to be always the same

chanc3r

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Activity: 952

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Quote from: BrianNowhere on March 08, 2014, 05:07:00 PM

Since there's no username/password combination, a hacker does not need to target an account to crack it. They can set up a cracker to log into http://localhost:7875/ and start with A, then AA, Then AAA and so on. They can run this cycle continuously. If your password is halfway decent maybe it takes them a couple of years to break it, but since you can't change your secret phrase you are a sitting duck. You can send to a new account once in a while but you lose your "coin age" and have to wait 1440 blocks to forge again every time you do this.

I typed in 'password" and instantly gained access to an account that had a couple hundred NXT there at one point. Who's NXT indeed.

I recently changed accounts, took 1440 blocks to forge again, doesn't take long.

username / password only corresponds to match username+passwordhash on a system
most platforms focus on 8-10chars
if you know the username of someone you can brute force the 8-10
a 30+ semi-random-password takes a lot longer than 2 years

The information is in the thread on why this is not an issue for strong 30+ char passwords.
The clients will help users pick and store strong password.
Having only a strong password to protect your coins is true of all crypto's its just some clients hide this better.
Someone probably left that NXT in there as a joke or they are an idiot.

Sebastien256

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Quote from: eightspaces on March 08, 2014, 05:15:49 PM

Quote from: eightspaces on March 07, 2014, 07:08:05 PM

what is the best nxt client (multiplatform) so far?

which one is endorsed by bcnext ?

thx

anyone please? thank u

none, i think. But I think wesley client will be integrated by default in the near future on nxtcrypto.

mcjavar

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Activity: 784

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Quote from: eightspaces on March 08, 2014, 05:15:49 PM

Quote from: eightspaces on March 07, 2014, 07:08:05 PM

what is the best nxt client (multiplatform) so far?

which one is endorsed by bcnext ?

thx

anyone please? thank u

wesley´s client.

eightspaces

full member

Activity: 126

Merit: 100

Quote from: eightspaces on March 07, 2014, 07:08:05 PM

what is the best nxt client (multiplatform) so far?

which one is endorsed by bcnext ?

thx

anyone please? thank u

BrianNowhere

member

Activity: 70

Merit: 10

Quote from: antanst on March 08, 2014, 05:07:40 PM

Quote from: BrianNowhere on March 08, 2014, 04:15:03 PM

Quote from: Eadeqa on March 08, 2014, 04:01:26 PM

In other words, it's complete fiction right now with no evidence that anyone is even working on it to implement on Nxt and how it's going to be implemented. Not only there is no code, but how it will be implemented is unclear speculation. Plus there is no evidence it will work. We should stop making Youtube videos about Nxt having zerocoin "feature" as if it's implemented working feature. .

salsacz delete your youtube video immediatly.

This goes for all the promotion out there promising instant transactions and transparent forging. I feel like I've been suckered in somewhat with a bait and switch.

TF is even mentioned on the "current features" wiki page: http://wiki.nxtcrypto.org/wiki/Current_Features

The real problem, however, is that nobody knows how the coin works, and how the planned features will work. "Look at the source" isn't really an argument. The only way someone can figure this out, is by gathering the pieces that have been posted here and there by the devs, and then only partially.

And in spite of all this, some people are concerned about how this coin is going to reach visa-level transaction rates...

The initial investors should really think about donating a large sum of money to someone to document and validate this coin's concept, otherwise nobody will take it seriously. And it's a pity.

+ 1,000,000,000

Sebastien256

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Activity: 715

Merit: 500

Quote from: bitcoinpaul on March 08, 2014, 05:12:29 PM

Guys, are you kidding me?

www.Nextcoin24.org

Damelon

legendary

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Quote from: bitcoinpaul on March 08, 2014, 05:10:53 PM

Quote from: casx on March 08, 2014, 05:06:56 PM

www.Nextcoin24.org is online! A german page about nextcoins!

this page will contains forum, user chat, newest downloads and more in the future!

we will be the biggest german community for nextcoins!

if u like the page.. donations will be welcome ! 3072073612488429892

casx !

Failed.

Because of Nextcoin?

To be honest, i am glad someone took the effort and Nxt is still in the body text.

Edit: also, nxt.de is probably not for sale Cheesy

xyzzyx

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Activity: 490

Merit: 250

I don't really come from outer space.

Quote from: Eadeqa on March 08, 2014, 04:01:26 PM

In other words, it's complete fiction right now with no evidence that anyone is even working on it to implement on Nxt and how it's going to be implemented. Not only there is no code, but how it will be implemented is unclear speculation. Plus there is no evidence it will work. We should stop making Youtube videos about Nxt having zerocoin "feature" as if it's implemented working feature. .

salsacz delete your youtube video immediatly.

The most awesome feature of having Zerocoin in Nxt is the Bitcointalk thread drama. Better than TV!

bitcoinpaul

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Guys, are you kidding me?

ChuckOne

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Activity: 364

Merit: 250

☕ NXT-4BTE-8Y4K-CDS2-6TB82

Quote from: casx on March 08, 2014, 05:06:56 PM

www.Nextcoin24.org is online! A german page about nextcoins!

this page will contains forum, user chat, newest downloads and more in the future!

we will be the biggest german community for nextcoins!

if u like the page.. donations will be welcome ! 3072073612488429892

casx !

Nice.

One issue:

If you start the video, it constantly fades over to the first slide.

Topic: NXT :: descendant of Bitcoin - Updated Information - page 452. (Read 2761645 times)