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Topic: NXT :: descendant of Bitcoin - Updated Information - page 788. (Read 2761629 times)

hero member
Activity: 750
Merit: 500
www.coinschedule.com
In short:

1) Nxt Account Private Keys are 50 chars randomly generated by cryptographic standard algorithm
2) Keys are AES 256 encrypted twice. One time using a site-wide private AES key and one time using the user's salted password.
3) Only SSL is allowed through the site

If an attacker ever gets on hold of my database, they won't be able to decrypt the account private keys without having both the user password AND the site-wide AES private key.

No system is 100% safe, we all know this. But I think this wallet is much safer than simply using brain wallets (as it is today). Humans are not very good in creating and then storing truly random passwords.

Sounds good.

What is the cryptographic standard algorithm for creating the passwords?

Linux's urandom whch uses environmental noise from drivers to generate truly random numbers.

Thank you. Smiley

This should be the certificate fingerprints:

sha-256: 15 0B D5 E2 89 C9 73 4A D5 89 29 07 10 28 22 F4 4B 8F 9B 72 90 B9 58 AF 47 73 E7 98 7B BD 0C 79
sha-1: 88 5F 57 E9 93 51 F9 48 96 9F 1A 31 A6 B9 93 C9 8E 28 3E A0
issued on 2/2/14
expires on 2/3/15

I think that should be enough data for everyone to decide whether they trust you and the security of the server.

Am I right that the physical device is in the cloud?

Smiley yes, thanks.

What do you mean by "device is in the cloud"?
legendary
Activity: 1470
Merit: 1004
Best case is to wait for a javascript client that signs outbound transactions and polls public nodes for inbound transactions.  We REALLY need this, if this comes out....price will skyrocket.

Umm isn't that what my client does ? http://nxtra.org/nxt-client (ok, it doesn't yet sign outbound transactions, but it's on my todo list :-))

right, what I mean is the ability to have a wallet where your passphrase is kept completely local.

a system with no trust.

Yes well that's what my wallet will do (it will be downloadable, not just on the web)

Will it be open source?
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
Guys I have been thinking (<- typical  Roll Eyes).

If I am mining with alot of nxt and I wasn to send a transaction but I am okay if it takes the whole day to include, How about I DONT broadcast my transactions and just try to generate a block with my transactions + others. So whenever I find a block I will actually be sending NXT for free.

Is there any major flaws in this logic, I mean can anyone here point them out because sure there are plenty Tongue.

- Lophie

When TF is extended to group forging then you might loose the race and therefore your fees.

How?  Huh Huh I will not even broadcast them!
legendary
Activity: 1470
Merit: 1004

Don't trust online wallets.


THIS THIS THIS.  you can never fully trust online wallets!  EVEN IF they have SSL certs!  By trusting an online wallet you are trusting anyone who has access to the server.  Do you know how many people that is?  If its a VPS its even worse!

Best case is to wait for a javascript client that signs outbound transactions and polls public nodes for inbound transactions.  We REALLY need this, if this comes out....price will skyrocket.

Umm isn't that what my client does ? http://nxtra.org/nxt-client (ok, it doesn't yet sign outbound transactions, but it's on my todo list :-))

Great. Smiley We would love to see it.

ChuckOne, hope you don't mind, but I added your name for Nxt Technical Committee for unreleased funds.
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
Guys I have been thinking (<- typical  Roll Eyes).

If I am mining with alot of nxt and I wasn to send a transaction but I am okay if it takes the whole day to include, How about I DONT broadcast my transactions and just try to generate a block with my transactions + others. So whenever I find a block I will actually be sending NXT for free.

Is there any major flaws in this logic, I mean can anyone here point them out because sure there are plenty Tongue.

- Lophie

When TF is extended to group forging then you might loose the race and therefore your fees.
sr. member
Activity: 308
Merit: 250
Best case is to wait for a javascript client that signs outbound transactions and polls public nodes for inbound transactions.  We REALLY need this, if this comes out....price will skyrocket.

Umm isn't that what my client does ? http://nxtra.org/nxt-client (ok, it doesn't yet sign outbound transactions, but it's on my todo list :-))

right, what I mean is the ability to have a wallet where your passphrase is kept completely local.

a system with no trust.

Yes well that's what my wallet will do (it will be downloadable, not just on the web)
full member
Activity: 238
Merit: 100
Best case is to wait for a javascript client that signs outbound transactions and polls public nodes for inbound transactions.  We REALLY need this, if this comes out....price will skyrocket.

Umm isn't that what my client does ? http://nxtra.org/nxt-client (ok, it doesn't yet sign outbound transactions, but it's on my todo list :-))

right, what I mean is the ability to have a wallet where your passphrase is kept completely local.

a system with no trust.
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
In short:

1) Nxt Account Private Keys are 50 chars randomly generated by cryptographic standard algorithm
2) Keys are AES 256 encrypted twice. One time using a site-wide private AES key and one time using the user's salted password.
3) Only SSL is allowed through the site

If an attacker ever gets on hold of my database, they won't be able to decrypt the account private keys without having both the user password AND the site-wide AES private key.

No system is 100% safe, we all know this. But I think this wallet is much safer than simply using brain wallets (as it is today). Humans are not very good in creating and then storing truly random passwords.

Sounds good.

What is the cryptographic standard algorithm for creating the passwords?

Linux's urandom whch uses environmental noise from drivers to generate truly random numbers.

Thank you. Smiley

This should be the certificate fingerprints:

sha-256: 15 0B D5 E2 89 C9 73 4A D5 89 29 07 10 28 22 F4 4B 8F 9B 72 90 B9 58 AF 47 73 E7 98 7B BD 0C 79
sha-1: 88 5F 57 E9 93 51 F9 48 96 9F 1A 31 A6 B9 93 C9 8E 28 3E A0
issued on 2/2/14
expires on 2/3/15

I think that should be enough data for everyone to decide whether they trust you and the security of the server.

Am I right that the physical device is in the cloud?
sr. member
Activity: 308
Merit: 250
Unregistered users = 3 votes per hour!

>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<

Registered users = 6 votes per hour!


Please quote me, share on Twitter, Facebook, Reddit... thanks!


BUY VOTES FOR NXT!

1 VOTE = 0,00005 BTC
1 BTC = 20,000 VOTES FOR NXT

Website: https://www.mintpal.com/voting
How to? Send any BTC to 1KB2AWLpKByBifkyQLJERhZi4jVDGWMA4n

Each 0.00005000 BTC received will count for 1 vote. All payment votes will be publicly visible, as you can see by clicking here.


You should change the message to say that you can actually click 3 times in a row. There appears to be no time limit in between.
hero member
Activity: 808
Merit: 1011
Unregistered users = 3 votes per hour!

>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<

Registered users = 6 votes per hour!


Please quote me, share on Twitter, Facebook, Reddit... thanks!


BUY VOTES FOR NXT!

1 VOTE = 0,00005 BTC
1 BTC = 20,000 VOTES FOR NXT

Website: https://www.mintpal.com/voting
How to? Send any BTC to 1KB2AWLpKByBifkyQLJERhZi4jVDGWMA4n

Each 0.00005000 BTC received will count for 1 vote. All payment votes will be publicly visible, as you can see by clicking here.

hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
Just to inform, 0.7.6 runs smoothly on Android TV stick public node.

For a while Smiley

Picuntu? Please share hardware and software information, I am VERY interested... I bricked a stick for this...
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
Guys I have been thinking (<- typical  Roll Eyes).

If I am mining with alot of nxt and I wasn to send a transaction but I am okay if it takes the whole day to include, How about I DONT broadcast my transactions and just try to generate a block with my transactions + others. So whenever I find a block I will actually be sending NXT for free.

Is there any major flaws in this logic, I mean can anyone here point them out because sure there are plenty Tongue.

- Lophie
legendary
Activity: 1162
Merit: 1005
Just to inform, 0.7.6 runs smoothly on Android TV stick public node.

For a while Smiley
hero member
Activity: 750
Merit: 500
www.coinschedule.com
In short:

1) Nxt Account Private Keys are 50 chars randomly generated by cryptographic standard algorithm
2) Keys are AES 256 encrypted twice. One time using a site-wide private AES key and one time using the user's salted password.
3) Only SSL is allowed through the site

If an attacker ever gets on hold of my database, they won't be able to decrypt the account private keys without having both the user password AND the site-wide AES private key.

No system is 100% safe, we all know this. But I think this wallet is much safer than simply using brain wallets (as it is today). Humans are not very good in creating and then storing truly random passwords.

Sounds good.

What is the cryptographic standard algorithm for creating the passwords?

Linux's urandom whch uses environmental noise from drivers to generate truly random numbers.
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82

Don't trust online wallets.


THIS THIS THIS.  you can never fully trust online wallets!  EVEN IF they have SSL certs!  By trusting an online wallet you are trusting anyone who has access to the server.  Do you know how many people that is?  If its a VPS its even worse!

Best case is to wait for a javascript client that signs outbound transactions and polls public nodes for inbound transactions.  We REALLY need this, if this comes out....price will skyrocket.

Umm isn't that what my client does ? http://nxtra.org/nxt-client (ok, it doesn't yet sign outbound transactions, but it's on my todo list :-))

Great. Smiley We would love to see it.
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
In short:

1) Nxt Account Private Keys are 50 chars randomly generated by cryptographic standard algorithm
2) Keys are AES 256 encrypted twice. One time using a site-wide private AES key and one time using the user's salted password.
3) Only SSL is allowed through the site

If an attacker ever gets on hold of my database, they won't be able to decrypt the account private keys without having both the user password AND the site-wide AES private key.

No system is 100% safe, we all know this. But I think this wallet is much safer than simply using brain wallets (as it is today). Humans are not very good in creating and then storing truly random passwords.

Sounds good.

What is the cryptographic standard algorithm for creating the passwords?
sr. member
Activity: 308
Merit: 250

Don't trust online wallets.


THIS THIS THIS.  you can never fully trust online wallets!  EVEN IF they have SSL certs!  By trusting an online wallet you are trusting anyone who has access to the server.  Do you know how many people that is?  If its a VPS its even worse!

Best case is to wait for a javascript client that signs outbound transactions and polls public nodes for inbound transactions.  We REALLY need this, if this comes out....price will skyrocket.

Umm isn't that what my client does ? http://nxtra.org/nxt-client (ok, it doesn't yet sign outbound transactions, but it's on my todo list :-))
hero member
Activity: 750
Merit: 500
www.coinschedule.com
Can someone send me links to any secure online Nxt wallets available?  Working with a couple exchanges to add Nxt and want to make it easy for their end users.  Thanks.

please define secure Grin in online.

maybe: https://wallet.mynxt.info/

I can provide information about the security of the wallet if necessary.

Okay, please provide.

In short:

1) Nxt Account Private Keys are 50 chars randomly generated by cryptographic standard algorithm
2) Keys are AES 256 encrypted twice. One time using a site-wide private AES key and one time using the user's salted password.
3) Only SSL is allowed through the site

If an attacker ever gets on hold of my database, they won't be able to decrypt the account private keys without having both the user password AND the site-wide AES private key.

No system is 100% safe, we all know this. But I think this wallet is much safer than simply using brain wallets (as it is today). Humans are not very good in creating and then storing truly random passwords.
sr. member
Activity: 392
Merit: 250
legendary
Activity: 1470
Merit: 1004
Can someone send me links to any secure online Nxt wallets available?  Working with a couple exchanges to add Nxt and want to make it easy for their end users.  Thanks.

please define secure Grin in online.

maybe: https://wallet.mynxt.info/

I can provide information about the security of the wallet if necessary.

Okay, please provide.
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