Topic: 🧅 [ONION] Privacy Coin with Real Use Cases 🧅 DeepOnion 2.2.2 Released ⚡ - page 766. (Read 298340 times)

Quote from: deeperx on May 12, 2018, 02:34:00 PM

Should I upgrade this wallet every time if I'm just holding some coins?

No reason to upgrade if you don't plan too stake or move coins. Just upgrade the next time you need too move coins.

wrong. It is a mandatory upgrade Wink

it's a mandatory update but as long as you have your private key(s) your are fine. If you don't plan to send coins and you're not staking them you don't have to update anything. Every wallet works this way.

Anyway, for all the others: Update your wallet guys!

Sooner rather than later he will be sending coins anyways so why not do it now lol. Besides it only takes 2 minutes, you only download the ZIP file. Replace the old wallet with the new one and you are good ( if you have your wallet.dat in %appdata% it will sync automatically )

His question was whether he should update if he plans to hold only, the answer is no. Not everyone is able to stay on date with all the update we have.

You are making it harder than it is lol.

Devs: This is a mandatory upgrade.
JJack@: ok
JJack@: Thanks, it took 2 minutes and my coins are now safer!

Cheesy

You seem to lack basic understanding of how DeepOnion (bitcoin) works. There is a lot of good arguments why you should upgrade. That the coins are safer is simply not true. Your coins are much safer without an upgraded wallet installed on your computer.

If you plan to hodl your coins you should encrypt your wallet.dat, and delete the wallet from your online computer. (And only install when you plan too send the coins. If he wants to send the coins 2 years from now, there will problably be a lot of hard forks before that. It is a complete waiste of time installing every upgrade and it is risky storing private keys on an online computer.

No offence but while your argument is true that a wallet that is offline is safest, your argument is also flawed. DeepOnion is a PoS coin so needs to be online at some point to claim the mining reward, a wallet stored offline for years on end will miss out. Secondly, it is my humble opinion, which I know many security experts support, that there is no such thing as a perfect piece of code especially as it becomes more than a few 100 lines. The fact that you need to have your wallet online for reasons other than sending means it is very important any security risks caused by human error in the code need to be fixed if found, rather than left for someone to exploit, this exploit could lead to someone hacking your wallet and stealing your coins, so yes, there is a great possibility upgrading your wallet will make your coins safer.

Unless we know what security risks were patched, it is difficult to say that this fix did not make our coins safer.

You are right, 10% of PoS rewards (which will change to 5% in July and later to 1%) is not a small percentage for holders. Also, updated wallet which is online is a ToR node (not an exit node) which makes the whole network stronger.

Most people should definitely upgrade and stake their coins. But if someone just wants to hodl, like bbv4pawn, it is not necessary. And that was what he asked about.

Big holders will upgrade and stake their coins. If some smaller holders don't it will not reduce the security of the coin in any signifcant way.

cl37007

full member

Activity: 364

Merit: 100

PROPOSAL “DeepOnion Academy Videos Creation“ added in VoteCentral Vote Now !

https://deeponion.org/votecentral/proposals/show/MTE5 $ONION DeepOnion

mrchef111 makes some great quality videos, this is definitely working considering, it is great how VoteCentral makes things like this possible

Zmaku

full member

Activity: 350

Merit: 102

Quote from: MrAAKK on May 12, 2018, 01:38:12 PM

Quote from: paukerin on May 12, 2018, 12:16:56 PM

Quote from: deeperx on May 12, 2018, 11:37:48 AM

Beautiful proposal already got many YES'es
nice to see community want to own DeepOnion Basketball team

https://deeponion.org/votecentral/proposals/show/MTE4

It’s really an innovate idea and a good way to promote

What a great proposal Cheesy

Should start wearing a DeepOnion shirt for my tennis matchs Cool

Roger Federer is that you?
We are proud to have you as Onion holder! Grin

urbanpixel

member

Activity: 200

Merit: 11

schneider

Quote from: cl37007 on May 12, 2018, 03:05:15 PM

Should I upgrade this wallet every time if I'm just holding some coins?

No reason to upgrade if you don't plan too stake or move coins. Just upgrade the next time you need too move coins.

wrong. It is a mandatory upgrade Wink

it's a mandatory update but as long as you have your private key(s) your are fine. If you don't plan to send coins and you're not staking them you don't have to update anything. Every wallet works this way.

Anyway, for all the others: Update your wallet guys!

Sooner rather than later he will be sending coins anyways so why not do it now lol. Besides it only takes 2 minutes, you only download the ZIP file. Replace the old wallet with the new one and you are good ( if you have your wallet.dat in %appdata% it will sync automatically )

His question was whether he should update if he plans to hold only, the answer is no. Not everyone is able to stay on date with all the update we have.

You are making it harder than it is lol.

Devs: This is a mandatory upgrade.
JJack@: ok
JJack@: Thanks, it took 2 minutes and my coins are now safer!

Cheesy

You seem to lack basic understanding of how DeepOnion (bitcoin) works. There is a lot of good arguments why you should upgrade. That the coins are safer is simply not true. Your coins are much safer without an upgraded wallet installed on your computer.

If you plan to hodl your coins you should encrypt your wallet.dat, and delete the wallet from your online computer. (And only install when you plan too send the coins. If he wants to send the coins 2 years from now, there will problably be a lot of hard forks before that. It is a complete waiste of time installing every upgrade and it is risky storing private keys on an online computer.

No offence but while your argument is true that a wallet that is offline is safest, your argument is also flawed. DeepOnion is a PoS coin so needs to be online at some point to claim the mining reward, a wallet stored offline for years on end will miss out. Secondly, it is my humble opinion, which I know many security experts support, that there is no such thing as a perfect piece of code especially as it becomes more than a few 100 lines. The fact that you need to have your wallet online for reasons other than sending means it is very important any security risks caused by human error in the code need to be fixed if found, rather than left for someone to exploit, this exploit could lead to someone hacking your wallet and stealing your coins, so yes, there is a great possibility upgrading your wallet will make your coins safer.

Unless we know what security risks were patched, it is difficult to say that this fix did not make our coins safer.

You are right, 10% of PoS rewards (which will change to 5% in July and later to 1%) is not a small percentage for holders. Also, updated wallet which is online is a ToR node (not an exit node) which makes the whole network stronger.

JJack@

newbie

Activity: 196

Merit: 0

Quote from: MrAAKK on May 12, 2018, 01:38:12 PM

Should I upgrade this wallet every time if I'm just holding some coins?

No reason to upgrade if you don't plan too stake or move coins. Just upgrade the next time you need too move coins.

wrong. It is a mandatory upgrade Wink

it's a mandatory update but as long as you have your private key(s) your are fine. If you don't plan to send coins and you're not staking them you don't have to update anything. Every wallet works this way.

Anyway, for all the others: Update your wallet guys!

Sooner rather than later he will be sending coins anyways so why not do it now lol. Besides it only takes 2 minutes, you only download the ZIP file. Replace the old wallet with the new one and you are good ( if you have your wallet.dat in %appdata% it will sync automatically )

His question was whether he should update if he plans to hold only, the answer is no. Not everyone is able to stay on date with all the update we have.

You are making it harder than it is lol.

Devs: This is a mandatory upgrade.
JJack@: ok
JJack@: Thanks, it took 2 minutes and my coins are now safer!

Cheesy

You seem to lack basic understanding of how DeepOnion (bitcoin) works. There is a lot of good arguments why you should upgrade. That the coins are safer is simply not true. Your coins are much safer without an upgraded wallet installed on your computer.

If you plan to hodl your coins you should encrypt your wallet.dat, and delete the wallet from your online computer. (And only install when you plan too send the coins. If he wants to send the coins 2 years from now, there will problably be a lot of hard forks before that. It is a complete waiste of time installing every upgrade and it is risky storing private keys on an online computer.

I trust what the devs say

xpzycox

full member

Activity: 420

Merit: 110

🎖️ DeepOnion 🎖️

Quote from: paukerin on May 12, 2018, 12:16:56 PM

Quote from: deeperx on May 12, 2018, 11:37:48 AM

Beautiful proposal already got many YES'es
nice to see community want to own DeepOnion Basketball team

https://deeponion.org/votecentral/proposals/show/MTE4

It’s really an innovate idea and a good way to promote

What a great proposal Cheesy

Should start wearing a DeepOnion shirt for my tennis matchs Cool

DeepOnion everything. Cheesy

We will have national league teams soon enough... haha

cl37007

full member

Activity: 364

Merit: 100

Should I upgrade this wallet every time if I'm just holding some coins?

No reason to upgrade if you don't plan too stake or move coins. Just upgrade the next time you need too move coins.

wrong. It is a mandatory upgrade Wink

it's a mandatory update but as long as you have your private key(s) your are fine. If you don't plan to send coins and you're not staking them you don't have to update anything. Every wallet works this way.

Anyway, for all the others: Update your wallet guys!

Sooner rather than later he will be sending coins anyways so why not do it now lol. Besides it only takes 2 minutes, you only download the ZIP file. Replace the old wallet with the new one and you are good ( if you have your wallet.dat in %appdata% it will sync automatically )

His question was whether he should update if he plans to hold only, the answer is no. Not everyone is able to stay on date with all the update we have.

You are making it harder than it is lol.

Devs: This is a mandatory upgrade.
JJack@: ok
JJack@: Thanks, it took 2 minutes and my coins are now safer!

Cheesy

You seem to lack basic understanding of how DeepOnion (bitcoin) works. There is a lot of good arguments why you should upgrade. That the coins are safer is simply not true. Your coins are much safer without an upgraded wallet installed on your computer.

If you plan to hodl your coins you should encrypt your wallet.dat, and delete the wallet from your online computer. (And only install when you plan too send the coins. If he wants to send the coins 2 years from now, there will problably be a lot of hard forks before that. It is a complete waiste of time installing every upgrade and it is risky storing private keys on an online computer.

No offence but while your argument is true that a wallet that is offline is safest, your argument is also flawed. DeepOnion is a PoS coin so needs to be online at some point to claim the mining reward, a wallet stored offline for years on end will miss out. Secondly, it is my humble opinion, which I know many security experts support, that there is no such thing as a perfect piece of code especially as it becomes more than a few 100 lines. The fact that you need to have your wallet online for reasons other than sending means it is very important any security risks caused by human error in the code need to be fixed if found, rather than left for someone to exploit, this exploit could lead to someone hacking your wallet and stealing your coins, so yes, there is a great possibility upgrading your wallet will make your coins safer.

Unless we know what security risks were patched, it is difficult to say that this fix did not make our coins safer.

shtako

hero member

Activity: 779

Merit: 502

Quote from: Noelnada on May 12, 2018, 01:59:24 PM

Should I upgrade this wallet every time if I'm just holding some coins?

No reason to upgrade if you don't plan too stake or move coins. Just upgrade the next time you need too move coins.

wrong. It is a mandatory upgrade Wink

it's a mandatory update but as long as you have your private key(s) your are fine. If you don't plan to send coins and you're not staking them you don't have to update anything. Every wallet works this way.

Anyway, for all the others: Update your wallet guys!

Sooner rather than later he will be sending coins anyways so why not do it now lol. Besides it only takes 2 minutes, you only download the ZIP file. Replace the old wallet with the new one and you are good ( if you have your wallet.dat in %appdata% it will sync automatically )

His question was whether he should update if he plans to hold only, the answer is no. Not everyone is able to stay on date with all the update we have.

You are making it harder than it is lol.

Devs: This is a mandatory upgrade.
JJack@: ok
JJack@: Thanks, it took 2 minutes and my coins are now safer!

Cheesy

You seem to lack basic understanding of how DeepOnion (bitcoin) works. There is a lot of good arguments why you should upgrade. That the coins are safer is simply not true. Your coins are much safer without an upgraded wallet installed on your computer.

If you plan to hodl your coins you should encrypt your wallet.dat, and delete the wallet from your online computer. (And only install when you plan too send the coins. If he wants to send the coins 2 years from now, there will problably be a lot of hard forks before that. It is a complete waiste of time installing every upgrade and it is risky storing private keys on an online computer.

deeperx

sr. member

Activity: 1456

Merit: 386

DeepOnion Your Utility Coin with Ultimate Privacy

PROPOSAL “DeepOnion Academy Videos Creation“ added in VoteCentral Vote Now !

https://deeponion.org/votecentral/proposals/show/MTE5 $ONION DeepOnion

cl37007

full member

Activity: 364

Merit: 100

Quote from: USBitcoinServices.Com on May 12, 2018, 01:28:04 PM

Quote from: USBitcoinServices.Com on May 12, 2018, 01:28:04 PM

Should I upgrade this wallet every time if I'm just holding some coins?

No reason to upgrade if you don't plan too stake or move coins. Just upgrade the next time you need too move coins.

wrong. It is a mandatory upgrade Wink

it's a mandatory update but as long as you have your private key(s) your are fine. If you don't plan to send coins and you're not staking them you don't have to update anything. Every wallet works this way.

Anyway, for all the others: Update your wallet guys!

Sooner rather than later he will be sending coins anyways so why not do it now lol. Besides it only takes 2 minutes, you only download the ZIP file. Replace the old wallet with the new one and you are good ( if you have your wallet.dat in %appdata% it will sync automatically )

As long as the user has a backup of the old wallet, then the old wallet can be replaced with the new one! but the user shouldn't follow this idea of replacing himself manually a new wallet (from a new version) for the old one. The old one has his coins, the new one is empty. just trying to alert here, but normally when a new version is released and if you install it, it will pull or sync your wallet balance from the roaming folder.

Always make a back up from your deeponion wallet and also can it be made from your roaming folder, copy the wallet file from roaming - deeponion folder and the private key from onion folder.

If you back up your private key and wallet.dat file, you can keep the same backup and don't have to redo one every time you install a new version. (but probably better to do it if you create new addresses all the time)

There is a benefit to taking regular backups of your wallet (and keeping them all). If one gets corrupted then you always have another. Taking a copy of your private keys is always a good idea too

Noelnada

member

Activity: 336

Merit: 12

Quote from: paukerin on May 12, 2018, 12:16:56 PM

Should I upgrade this wallet every time if I'm just holding some coins?

No reason to upgrade if you don't plan too stake or move coins. Just upgrade the next time you need too move coins.

wrong. It is a mandatory upgrade Wink

it's a mandatory update but as long as you have your private key(s) your are fine. If you don't plan to send coins and you're not staking them you don't have to update anything. Every wallet works this way.

Anyway, for all the others: Update your wallet guys!

Sooner rather than later he will be sending coins anyways so why not do it now lol. Besides it only takes 2 minutes, you only download the ZIP file. Replace the old wallet with the new one and you are good ( if you have your wallet.dat in %appdata% it will sync automatically )

As long as the user has a backup of the old wallet, then the old wallet can be replaced with the new one! but the user shouldn't follow this idea of replacing himself manually a new wallet (from a new version) for the old one. The old one has his coins, the new one is empty. just trying to alert here, but normally when a new version is released and if you install it, it will pull or sync your wallet balance from the roaming folder.

Always make a back up from your deeponion wallet and also can it be made from your roaming folder, copy the wallet file from roaming - deeponion folder and the private key from onion folder.

If you back up your private key and wallet.dat file, you can keep the same backup and don't have to redo one every time you install a new version. (but probably better to do it if you create new addresses all the time)

MrAAKK

full member

Activity: 392

Merit: 105

Quote from: deeperx on May 12, 2018, 11:37:48 AM

Beautiful proposal already got many YES'es
nice to see community want to own DeepOnion Basketball team

https://deeponion.org/votecentral/proposals/show/MTE4

It’s really an innovate idea and a good way to promote

What a great proposal Cheesy

Should start wearing a DeepOnion shirt for my tennis matchs Cool

USBitcoinServices.Com

sr. member

Activity: 1666

Merit: 267

Earn bitcoins every hour, link below at signature.