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Topic: [PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta - page 251. (Read 415654 times)

legendary
Activity: 2044
Merit: 1055

No, I actually thought of AES256-CBC:

Quote
Wallet encryption uses AES-256-CBC to encrypt only the private keys that are held in a wallet. The keys are encrypted with a master key which is entirely random. This master key is then encrypted with AES-256-CBC with a key derived from the passphrase using SHA512 and OpenSSL's EVP_BytesToKey and a dynamic number of rounds determined by the speed of the machine which does the initial encryption (and is updated based on the speed of a computer which does a subsequent passphrase change).

https://en.bitcoin.it/wiki/Wallet_encryption

Exactly what I said. AES is encryption. It's not applied "repeatedly". The  password is HASHED repeatedly (in this case with SHA512)

PBKDF2 does exactly the same thing

http://en.wikipedia.org/wiki/PBKDF2

The encryption can still be AES with PBKDF2

So it works like this.

User's password = password

Hash the password,  lets say 100,000 times to slow brute force.

100,000 times: password = Hash (password) ..

Use the end result of that 100K hashes to encrypt with AES




You are right, that is exactly what should be done. Thanks for straightening this out!

Your turn, eXo_coin...  Smiley
hero member
Activity: 644
Merit: 500

No, I actually thought of AES256-CBC:

Quote
Wallet encryption uses AES-256-CBC to encrypt only the private keys that are held in a wallet. The keys are encrypted with a master key which is entirely random. This master key is then encrypted with AES-256-CBC with a key derived from the passphrase using SHA512 and OpenSSL's EVP_BytesToKey and a dynamic number of rounds determined by the speed of the machine which does the initial encryption (and is updated based on the speed of a computer which does a subsequent passphrase change).

https://en.bitcoin.it/wiki/Wallet_encryption

Exactly what I said. AES is encryption. It's not applied "repeatedly". The  password is HASHED repeatedly (in this case with SHA512)

PBKDF2 does exactly the same thing

http://en.wikipedia.org/wiki/PBKDF2

The encryption can still be AES with PBKDF2

So it works like this.

User's password = password

Hash the password,  lets say 100,000 times to slow brute force.

100,000 times: password = Hash (password) ..

Use the end result of that 100K hashes to encrypt with AES


sr. member
Activity: 280
Merit: 250
+1 waiting for mining phase good luck!
legendary
Activity: 2044
Merit: 1055
Please consider using multiple rounds of AES256 encryption for the wallet (bitcoin-qt style) until you meet a given time,

You mean multiple rounds of password hashing to generate the AES key

http://en.wikipedia.org/wiki/PBKDF2

Repeatedly doing AES does nothing, as AES is designed to be fast and  it is implemented at hardware, like in Intel CPUs



No, I actually thought of AES256-CBC:

Quote
Wallet encryption uses AES-256-CBC to encrypt only the private keys that are held in a wallet. The keys are encrypted with a master key which is entirely random. This master key is then encrypted with AES-256-CBC with a key derived from the passphrase using SHA512 and OpenSSL's EVP_BytesToKey and a dynamic number of rounds determined by the speed of the machine which does the initial encryption (and is updated based on the speed of a computer which does a subsequent passphrase change).

https://en.bitcoin.it/wiki/Wallet_encryption
newbie
Activity: 14
Merit: 0
hero member
Activity: 644
Merit: 500
Please consider using multiple rounds of AES256 encryption for the wallet (bitcoin-qt style) until you meet a given time,

You mean multiple rounds of password hashing to generate the AES key

http://en.wikipedia.org/wiki/PBKDF2

Repeatedly doing AES does nothing, as AES is designed to be fast and  it is implemented at hardware, like in Intel CPUs

legendary
Activity: 2044
Merit: 1055
You are right we shoudl have updated the ETA time there as well.

Here is the next version:

whitepaper v1.2

You can expect a major update on the whitepaper as of 1.3
1.2 "just" have some more/updated screenshots, small text rework but 2 diagrams for better understanding. And added some code snippets.
V1.3 will contain security important code implementations (like the whole crypto implementations maybe).

As stated - we will use the time from now on for code redesign, generating more debug information, fixing bugs and guard threads. Open beta *ETA* is 30th march (trying to get a working linux implementation until then as well (good chances we get it on-time), otherwise WINE will work at least.....)


Website redesign and more "marketing things" will be faced in one or two weeks.


Thank you!

After the known theft of wallets with other altcoins because of weak passwords, I recommend that you prioritize the security of the wallet. Please consider using multiple rounds of AES256 encryption for the wallet (bitcoin-qt style) until you meet a given time, say one second, and store that number of rounds unencrypted in the wallet file. So every time you want to decrypt the wallet you have to cycle through the AES256 decryption the given amount of rounds. That would make brute-forcing the wallet much harder. A minimum length of the wallet password would help too!

Keep up the good work!
sr. member
Activity: 294
Merit: 250
1.5BTC send to 1CdK3k3kgyn8rhhUihcF1ZpFmwmzFLai6Y

transaction ID (TXID):
abccfb0b11aeebbd39b02267b22c3c77e4354f8106140cd3d99a7536b6ecbe2a

email address:
[email protected]

username:
cnaiguozhe

Thanks!
This is my investment , why not invest hosting my list

Thank you

Oh! Thank you so much for your reply. We did not saw that post - I am very sorry! On our list that transaction were not associated to anyone. I updated it now, so I can say: Thank you very much for your investment and I can confirm hereby that your 1.5 BTC investment will count as early-bird.
sr. member
Activity: 294
Merit: 250
lyynx pulled out. check spreadsheet for details.
Thanks for notification. Updated.
legendary
Activity: 1540
Merit: 1016
sr. member
Activity: 294
Merit: 250
You are right we shoudl have updated the ETA time there as well.

Here is the next version:

whitepaper v1.2

You can expect a major update on the whitepaper as of 1.3
1.2 "just" have some more/updated screenshots, small text rework but 2 diagrams for better understanding. And added some code snippets.
V1.3 will contain security important code implementations (like the whole crypto implementations maybe).

As stated - we will use the time from now on for code redesign, generating more debug information, fixing bugs and guard threads. Open beta *ETA* is 30th march (trying to get a working linux implementation until then as well (good chances we get it on-time), otherwise WINE will work at least.....)


Website redesign and more "marketing things" will be faced in one or two weeks.
full member
Activity: 167
Merit: 100
When can we see the whitepaper V1.2? The below is your timeline.

V1.2    ETA 12th March    not yet    - updated Screenshots
-more source

 Hey, man ,you are careless.

we might offer a bounty for the homepage design.

whitepaper will be released probably on 13th ~20:00:00 GMT, maybe earlier. It will include new screenshots of our application and some more source code.

That's a bit rude. It was easy to miss, if OP wants everyone to have the most updated info he will update the original post. You can't expect everyone to read through the entire thread to get the most up to date information.
hero member
Activity: 546
Merit: 500
When can we see the whitepaper V1.2? The below is your timeline.

V1.2    ETA 12th March    not yet    - updated Screenshots
-more source

 Hey, man ,you are careless.

we might offer a bounty for the homepage design.

whitepaper will be released probably on 13th ~20:00:00 GMT, maybe earlier. It will include new screenshots of our application and some more source code.
sr. member
Activity: 269
Merit: 250
When can we see the whitepaper V1.2? The below is your timeline.

V1.2    ETA 12th March    not yet    - updated Screenshots
-more source
full member
Activity: 224
Merit: 100
Please allow people who already invested 1.5 btc on first step to invest at least up to another 1.5 btc on second stage. I - or anybody else who'd be interested - could easily bend this rule by creating another account or just sending with another address but I wanna be honest. It's stupid to put these low limits because people who really want can bend it and I bet there are people who already did it and more will do so
I just wanna invest another 1.5 btc, that's not much
thanks and i hope this idea isn't received with hostility by other members

You can't "bend it" if he only takes investments from accounts created before march 01 2014. Which if he wanted to be fair is what he would do.

This whole "tier 1/tier 2" investment scheme is stupid because it rewards those who either A: have enough capital to not worry about blowing 1.5 BTC on a risky investment or B: are stupid.

Someone who makes less money than you has to be more careful about their investments. If they put in the same amount of money as you, why are you getting more? "Because you risked more" it not a proper answer, you are risking the exact same amount.
All this is doing is rewarding people for making risky decisions.
This seems similar to class warfare. Hey lets reward those with more money! Good idea!
I suppose this horse has already been beaten to death though.
There are many people who visit this forum without making account. I did that for a very long time before just now deciding to create one. That wouldn't be fair to them, and to me.
And yes, people who take risks are more rewarded (or screwed) such is life
Yes, that is true. I always look through threads rather than create a reply a topic.


Yes, we should let a majority of people scam the system so as to protect a minority of people who lurk but don't sign up. This seems foolish. It's nice to think that there is such an influx of new users every day but the reality is there are far more users already than are signing up each day. Those users (majority) should be protected, not the (minority). Talk about the needs of the few outweighing the needs of the many!!

Shouldn't we just say, look if you want to be a part of this community you should make an account RIGHT NOW, so as not to miss out on future events? If you missed out on this event because you don't have an account, we are sorry but its for the good of the community? Can't you see that? Why should we let unethical people sign up for this and that event (NEM, faircoin, etc) 20x, 50x, or 100x more than ethical users just so we don't leave out a select few? You would have to be pretty selfish to argue with that  Lips sealed

Self-entitled people are impossible to please. Even when they don't do anything to reach their goal it isn't their fault things didn't work out. "I did not create an account in time so it is not fair to me Grin
newbie
Activity: 10
Merit: 0
1.5BTC send to 1CdK3k3kgyn8rhhUihcF1ZpFmwmzFLai6Y

transaction ID (TXID):
abccfb0b11aeebbd39b02267b22c3c77e4354f8106140cd3d99a7536b6ecbe2a

email address:
[email protected]

username:
cnaiguozhe

Thanks!




This is my investment , why not invest hosting my list

Thank you
sr. member
Activity: 308
Merit: 250

 Hi , eveyone .

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   informatin and talk  with each other . Please Join Us .

       I am very excite if U join us 。


        QQ 群: 367448911


       我创建一个QQ群: 367448911 。欢迎喜爱eXoCoin朋友们前来加入交流讨论。

Joined the group.

  I u see it , please join

 Smiley
legendary
Activity: 1148
Merit: 1000
better website is needed! Smiley
sr. member
Activity: 308
Merit: 250
we might offer a bounty for the homepage design.

whitepaper will be released probably on 13th ~20:00:00 GMT, maybe earlier. It will include new screenshots of our application and some more source code.

 Thats no matter , just make everthing fine.

 Re-desgin office website is necessary.
sr. member
Activity: 350
Merit: 250
Vires in Numeris
Please allow people who already invested 1.5 btc on first step to invest at least up to another 1.5 btc on second stage. I - or anybody else who'd be interested - could easily bend this rule by creating another account or just sending with another address but I wanna be honest. It's stupid to put these low limits because people who really want can bend it and I bet there are people who already did it and more will do so
I just wanna invest another 1.5 btc, that's not much
thanks and i hope this idea isn't received with hostility by other members

You can't "bend it" if he only takes investments from accounts created before march 01 2014. Which if he wanted to be fair is what he would do.

This whole "tier 1/tier 2" investment scheme is stupid because it rewards those who either A: have enough capital to not worry about blowing 1.5 BTC on a risky investment or B: are stupid.

Someone who makes less money than you has to be more careful about their investments. If they put in the same amount of money as you, why are you getting more? "Because you risked more" it not a proper answer, you are risking the exact same amount.
All this is doing is rewarding people for making risky decisions.
This seems similar to class warfare. Hey lets reward those with more money! Good idea!
I suppose this horse has already been beaten to death though.
There are many people who visit this forum without making account. I did that for a very long time before just now deciding to create one. That wouldn't be fair to them, and to me.
And yes, people who take risks are more rewarded (or screwed) such is life
Yes, that is true. I always look through threads rather than create a reply a topic.


Yes, we should let a majority of people scam the system so as to protect a minority of people who lurk but don't sign up. This seems foolish. It's nice to think that there is such an influx of new users every day but the reality is there are far more users already than are signing up each day. Those users (majority) should be protected, not the (minority). Talk about the needs of the few outweighing the needs of the many!!

Shouldn't we just say, look if you want to be a part of this community you should make an account RIGHT NOW, so as not to miss out on future events? If you missed out on this event because you don't have an account, we are sorry but its for the good of the community? Can't you see that? Why should we let unethical people sign up for this and that event (NEM, faircoin, etc) 20x, 50x, or 100x more than ethical users just so we don't leave out a select few? You would have to be pretty selfish to argue with that  Lips sealed
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