Proof of Keys Event for a Beginner? - page 2.

Lucius

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Quote from: very_452001 on May 28, 2019, 11:52:07 AM

Just to confirm before I go to mycrypto I require to download the tool app fido u2f onto the ledger device correct?

You do not read what users write to you :

Quote from: Lucius on May 28, 2019, 08:13:42 AM

Regarding any extra security (2fa /u2f), you should know that private keys are never leave hardware wallet, so you can not be hacked just by using MEW and Nano S. Ledger says about U2F : "FIDO U2F is not related to cryptocurrencies. It's an additional utility for your Ledger device.".

So why then do you want to use this app? You should also know that Nano S has very limited storage, and if you install this app you will have less space for coin apps. If you want to try U2F try it, but this is not something you need for MEW or Mycrypto.

very_452001

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Ok great I use anything that is official mentioned by Ledger themselves.

Just to confirm before I go to mycrypto I require to download the tool app fido u2f onto the ledger device correct?

bitmover

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Quote from: ?? on ??

Hi is there like a video tutorial on how to use MEW with ledger nano s?

Becausing im using a web browser will it be secure to use or am I required to download the fido u2f app on nano s for 2fa security when visiting these sites?

Hello. Yesterday I moved some tokens from my ledger and I couldn't use myetherwallet. I used mycrypto and it was much better

This is the tutorial from ledger website
https://support.ledger.com/hc/en-us/articles/360008268594-Set-up-and-use-MyCrypto

DdmrDdmr

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Quote from: ?? on ??

<…>

When you use MEW alongside Ledger Nano S, the device is what is used to sign your transactions. It is therefore a physical item that is required in order to move your assets, thus that being one of the key features for its purchase. Even so, when you send assets in a TX, the device will ask you to confirm the information on the screen of the device itself, which, just to be on the safe side, you should do comparing it to that shown on MEW.

The u2f App is meant to allow you to use the Ledger device as a 2FA enabling device for those sites compatible with the FIDO U2f standard. Basically, it means that you could use your Ledger in a way similar to what a dedicated device like Yubikey allows you, instead of using a phone 2FA app. It is therefore not part of the procedure to use the Ledger Nano S with crypto when linking to MEW, but a complementary 2FA app for third-party compatible sites with which you may want to establish a 2FA protection scheme.

Lucius

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Quote from: ?? on ??

Hi is there like a video tutorial on how to use MEW with ledger nano s?

Becausing im using a web browser will it be secure to use or am I required to download the fido u2f app on nano s for 2fa security when visiting these sites?

You can start with this tutorial : Set up and use MyEtherWallet. There you have all info you need, but if you still need to see video tutorial : MEW+Nano S Video

Regarding any extra security (2fa /u2f), you should know that private keys are never leave hardware wallet, so you can not be hacked just by using MEW and Nano S. Ledger says about U2F : "FIDO U2F is not related to cryptocurrencies. It's an additional utility for your Ledger device.".

very_452001

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Quote from: o_e_l_e_o on May 27, 2019, 01:15:00 PM

Quote from: very_452001 on May 27, 2019, 12:53:04 PM

Ok there's 4 altcoins that I need help clarifying on whether they are erc-20 tokens or coins?:

- Apex (cpx)
- Bela (bela)
- Maidsafecoin (maid)
Coinmarketcap say these are tokens but cant see blue ticks in the etherscan site for these. Huh

- Quantum resistant ledger (qrl)
coinmartketcap says this is a coin but showing as a erc-20 blue tick on the etherscan site. Huh

I have no familiarity with any of these coins, so take what follows with an appropriately sized grain of salt. It is based on 10 minutes of looking in to these projects for the first time.

Apex (CPX) - https://coinmarketcap.com/currencies/apex/. This seems to be a token on the NEO blockchain. You can find this information by clicking on "Explorer" on the coinmarketcap page, which will lead you here: https://neotracker.io/asset/45d493a6f73fa5f404244a5fb8472fc014ca5885

Bela (BELA) - https://coinmarketcap.com/currencies/belacoin/. This seems to be an ERC-20 token. Again, follow the "Explorer" link to go here: https://etherscan.io/token/0x2e98a6804e4b6c832ed0ca876a943abd3400b224. It maybe doesn't have a blue tick because it is such a small coin that it is yet to be verified by Etherscan, I'm not sure.

MaidSafeCoin (MAID) - https://coinmarketcap.com/currencies/maidsafecoin/. This appears to be a token for their own network, entitled SAFE. Read more about this here: https://safenetwork.tech/

Quantum Resistant Ledger (QRL) - https://coinmarketcap.com/currencies/quantum-resistant-ledger/. This is currently a coin, but used to be an ERC-20 token. As I stated above, some projects start out as a token to allow them to cheaply raise funds, and then later transition to their own blockchain. It seems that this is what has happened in the case of QRL. More info here: https://docs.theqrl.org/tokenmigration/guide/.

Ok great thanks.

Quote from: bitmover on May 22, 2019, 03:34:53 PM

Quote from: very_452001 on May 22, 2019, 02:13:31 PM

Ok how do I send different types of ERC-20 tokens under the ethereum app installed on my nano s?

Just Go to MEW myetherwallet.com/
Click on hardware wallet option.
Open your ethereum app on ledger device.

Click on the coins you want, and send them. Using web browser on mew.

Hi is there like a video tutorial on how to use MEW with ledger nano s?

Becausing im using a web browser will it be secure to use or am I required to download the fido u2f app on nano s for 2fa security when visiting these sites?

[moderator's note: consecutive posts merged]

o_e_l_e_o

legendary

Activity: 2268

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Quote from: very_452001 on May 27, 2019, 12:53:04 PM

Ok there's 4 altcoins that I need help clarifying on whether they are erc-20 tokens or coins?:

- Apex (cpx)
- Bela (bela)
- Maidsafecoin (maid)
Coinmarketcap say these are tokens but cant see blue ticks in the etherscan site for these. Huh

- Quantum resistant ledger (qrl)
coinmartketcap says this is a coin but showing as a erc-20 blue tick on the etherscan site. Huh

I have no familiarity with any of these coins, so take what follows with an appropriately sized grain of salt. It is based on 10 minutes of looking in to these projects for the first time.

Apex (CPX) - https://coinmarketcap.com/currencies/apex/. This seems to be a token on the NEO blockchain. You can find this information by clicking on "Explorer" on the coinmarketcap page, which will lead you here: https://neotracker.io/asset/45d493a6f73fa5f404244a5fb8472fc014ca5885

Bela (BELA) - https://coinmarketcap.com/currencies/belacoin/. This seems to be an ERC-20 token. Again, follow the "Explorer" link to go here: https://etherscan.io/token/0x2e98a6804e4b6c832ed0ca876a943abd3400b224. It maybe doesn't have a blue tick because it is such a small coin that it is yet to be verified by Etherscan, I'm not sure.

MaidSafeCoin (MAID) - https://coinmarketcap.com/currencies/maidsafecoin/. This appears to be a token for their own network, entitled SAFE. Read more about this here: https://safenetwork.tech/

Quantum Resistant Ledger (QRL) - https://coinmarketcap.com/currencies/quantum-resistant-ledger/. This is currently a coin, but used to be an ERC-20 token. As I stated above, some projects start out as a token to allow them to cheaply raise funds, and then later transition to their own blockchain. It seems that this is what has happened in the case of QRL. More info here: https://docs.theqrl.org/tokenmigration/guide/.

very_452001

sr. member

Activity: 1056

Merit: 270

Ok there's 4 altcoins that I need help clarifying on whether they are erc-20 tokens or coins?:

- Apex (cpx)
- Bela (bela)
- Maidsafecoin (maid)
Coinmarketcap say these are tokens but cant see blue ticks in the etherscan site for these. Huh

- Quantum resistant ledger (qrl)
coinmartketcap says this is a coin but showing as a erc-20 blue tick on the etherscan site. Huh

o_e_l_e_o

legendary

Activity: 2268

Merit: 18748

Quote from: very_452001 on May 26, 2019, 05:14:39 PM

Is it possible to be both though?

Technically yes I suppose, it is possible for a project to have both a coin and a token, although I don't know of any project which does this. It isn't possible, however, for a crypto to be both a coin and a token, and the coin and token would not be interchangeable. There are some projects which start out as an ERC-20 token and then transition to their own coin once they are further along in their development/business, but the two do not run simultaneously.

Quote from: ?? on ??

Ok the Etherscan site is complicated because when i type in a altcoin in the search box on that site I get like 10 results for the same coin and don't know which one is official.

That's because anyone can use any name to launch a new token, so many scammers create tokens with the same name as existing tokens in an attempt to fool people. The real token should have a blue tick next to its name in the drop down search box.

very_452001

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Quote from: o_e_l_e_o on May 25, 2019, 02:25:36 PM

Quote from: very_452001 on May 25, 2019, 02:04:16 PM

Is it a coin or token

Apparently both...?

I have never heard of this project, given that it is tiny and has next to no volume. However, it seems to have existed for at least a year and have its own blockchain as per their website, specifically: https://stakenet.io/faq/#why_are_there_many_cryptocurrencies_what_is_the_difference_between_a_coin_and_a_token

However, it also seems that about a month ago an ERC-20 token by the same name was launched. I can't find anything about the ERC-20 token online, whether it is linked to the coin of the same name, whether it is a scam masquerading as a known project, or what.

So to answer your question, pick a larger and more reputable project, haha.

Is it possible to be both though?

Quote from: DdmrDdmr on May 26, 2019, 08:01:00 AM

Quote from: very_452001 on May 25, 2019, 02:04:16 PM

<…>

Stakenet XSN is a Coin. If you follow the info on CoinmarketCap on the left, you’ll be taken to the original website and Bitcointalk Ann thread.

The entry on Ethescan on the other hand points to what looks like a bogus ERC-20 token created on the 23/04/2019, which has just a couple of token holder addresses and TXs. The reputation on Etherscan states ‘Unknown’, which is the default value for any created ERC-20 token there (see the little icons shown in the "profile summary" area). It bears no official site link, no social media channels and no market value.

Ok the Etherscan site is complicated because when i type in a altcoin in the search box on that site I get like 10 results for the same coin and don't know which one is official. How do i know which one from the results is official or shall i stick to coinmarketcap to find out whether its a coin or token but coinmarketcap doesn't say which type of erc it is.

[moderator's note: consecutive posts merged]

DdmrDdmr

legendary

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There are lies, damned lies and statistics. MTwain

Quote from: very_452001 on May 25, 2019, 02:04:16 PM

<…>

Stakenet XSN is a Coin. If you follow the info on CoinmarketCap on the left, you’ll be taken to the original website and Bitcointalk Ann thread.

The entry on Ethescan on the other hand points to what looks like a bogus ERC-20 token created on the 23/04/2019, which has just a couple of token holder addresses and TXs. The reputation on Etherscan states ‘Unknown’, which is the default value for any created ERC-20 token there (see the little icons shown in the "profile summary" area). It bears no official site link, no social media channels and no market value.

o_e_l_e_o

legendary

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Quote from: very_452001 on May 25, 2019, 02:04:16 PM

Is it a coin or token

Apparently both...?

I have never heard of this project, given that it is tiny and has next to no volume. However, it seems to have existed for at least a year and have its own blockchain as per their website, specifically: https://stakenet.io/faq/#why_are_there_many_cryptocurrencies_what_is_the_difference_between_a_coin_and_a_token

However, it also seems that about a month ago an ERC-20 token by the same name was launched. I can't find anything about the ERC-20 token online, whether it is linked to the coin of the same name, whether it is a scam masquerading as a known project, or what.

So to answer your question, pick a larger and more reputable project, haha.

very_452001

sr. member

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Please help its confusing Huh

:

Let's give a example of Stakenet (XSN):

On here it says its a ERC-20 token: https://etherscan.io/token/0x2ec790bfe8ff91d89b9fe3d360b6c9e414577a4b

But on Coinmarketcap it says its a coin: https://coinmarketcap.com/currencies/stakenet/?utm_medium=widget&utm_campaign=cmcwidget&utm_source=&utm_content=stakenet

Is it a coin or token and how does one make sure before sending to addresses?

o_e_l_e_o

legendary

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Quote from: very_452001 on May 25, 2019, 06:46:49 AM

Ok just to confirm everything on that that etherscan database site is erc-20?

No. Although the vast majority are ERC20, some tokens run on the other Ethereum protocols, ERC223 or ERC721. If you search for the token you are interested in, it tells you at the top (beside the word "Overview") what kind of token it is. For example, BNB says ERC20, while Cryptokitties says ERC721.

very_452001

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Quote from: o_e_l_e_o on May 23, 2019, 02:32:17 PM

Quote from: very_452001 on May 23, 2019, 02:11:28 PM

Ok on coinmarketcap how do i find out whether an altcoin is a erc-20 token?

After you click on a crypto, at the bottom of the list of things like "Website", "Explorer" "Source Code" and so on, there is a tag as to whether that crypto is a coin or a token. However if it is a token, it doesn't tell you which chain the token is based on, so you don't know if it is ERC-20 or not.

Probably the easiest way to find out for sure is to search the Etherscan database here: https://etherscan.io/tokens

Ok just to confirm everything on that that etherscan database site is erc-20?

o_e_l_e_o

legendary

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Merit: 18748

Quote from: very_452001 on May 23, 2019, 02:11:28 PM

Ok on coinmarketcap how do i find out whether an altcoin is a erc-20 token?

After you click on a crypto, at the bottom of the list of things like "Website", "Explorer" "Source Code" and so on, there is a tag as to whether that crypto is a coin or a token. However if it is a token, it doesn't tell you which chain the token is based on, so you don't know if it is ERC-20 or not.

Probably the easiest way to find out for sure is to search the Etherscan database here: https://etherscan.io/tokens

bitmover

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bitcoindata.science

Quote from: very_452001 on May 23, 2019, 02:11:28 PM

Ok on coinmarketcap how do i find out whether an altcoin is a erc-20 token?

They will be market with an orange tag writeen "token"

You can see all of them here
https://coinmarketcap.com/tokens/

Note that some of those tokens are EOS or NEO tokens. But most of them are erc20

very_452001

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Ok on coinmarketcap how do i find out whether an altcoin is a erc-20 token?

okala

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Quote from: very_452001 on January 05, 2019, 07:06:32 PM

How does this person withdraw all of the 25 cryptos balances for the sake of proof of keys? Is there a easier convenient way to do this inconvenient task?

Also does every crypto has its own wallet to accomplish the above task? If so the person has to download 25 different wallets which is another inconvenience and hassle. Is there a user friendly way?

Well it depends on which blockchain your 25 tokens are located, if their are erc20 tokens then it will be OK to store them in one wallet that support them because most of the token are erc20 base so you don't necessarily need multiple wallet for your token and can carry out you transactions from there.

bitmover

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Quote from: very_452001 on May 22, 2019, 02:13:31 PM

Ok how do I send different types of ERC-20 tokens under the ethereum app installed on my nano s?

Just Go to MEW myetherwallet.com/
Click on hardware wallet option.
Open your ethereum app on ledger device.

Click on the coins you want, and send them. Using web browser on mew.

Topic: Proof of Keys Event for a Beginner? - page 2. (Read 946 times)