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Topic: Tezos discussion - page 178. (Read 215824 times)

full member
Activity: 546
Merit: 103
July 11, 2017, 12:26:48 AM
I've been tracking this project. Does it have any others threads here on BT?
hero member
Activity: 658
Merit: 500
July 11, 2017, 12:17:07 AM
Launching on a bear market would not be a good thing. You should be happy for any delay.. tezos can get some traction in the meantime

The turn in market direction has been confirmed, the market lost over $12 billion yesterday, if tezo enters market this summer, the price is likely going to dump because its already over sold
sr. member
Activity: 249
Merit: 250
July 10, 2017, 02:47:01 PM
Launching on a bear market would not be a good thing. You should be happy for any delay.. tezos can get some traction in the meantime
member
Activity: 78
Merit: 10
July 10, 2017, 07:47:01 AM
Currently, we can`t do anything but to pray for the planned way to hit the finishline..

Pray for a project to hit the finishline seems a little bit exaggerated to me.
The Team and the project seems good, wait and relax.
sr. member
Activity: 728
Merit: 251
July 10, 2017, 07:42:27 AM
Currently, we can`t do anything but to pray for the planned way to hit the finishline..
full member
Activity: 266
Merit: 100
July 10, 2017, 05:19:07 AM
Tezos is the only ICO that worth the risk ever since the ICO bubble burst this year.

I am holding my stash for long term, and will participate in baking to earn more. Even if the price dips below the ICO, I'm gonna buy more. I believe that Tezos will deliver.


You've made the right choice.


well its not expected to be released for a few months right? least from what i read i could be wrong, it will def oversell a bit but if it dont hit the exchange for a few months might create a bit of fomo for the people that missed out. I invested something worth the risk to hold long term.
full member
Activity: 283
Merit: 101
July 10, 2017, 04:19:13 AM
Where can I find the information about the lock up period until the tokens are released, or the start date of the network? Couldn't find anything in the whitepaper or on the website.
hero member
Activity: 770
Merit: 501
July 09, 2017, 05:53:02 PM
well its not expected to be released for a few months right? least from what i read i could be wrong, it will def oversell a bit but if it dont hit the exchange for a few months might create a bit of fomo for the people that missed out. I invested something worth the risk to hold long term.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
July 09, 2017, 04:22:49 PM
Oversold? There is a big advantage in being the biggest. People cannot overlook you  Grin Grin

You are getting much free PR, exchanges loving u, trolls trolling u, expectations growing and if the tech is ok ...   
There were no hard cap to call it oversold.It was actually intended to get as much funds as possible and take advantage of this in developing best thing.Now tezzos team can hire best prople,spend good amount on marketing.
hero member
Activity: 778
Merit: 563
July 09, 2017, 01:50:27 PM
If somebody forget's its password.
Can you retreive it using your Private Key you have been sent on the PDF?
Thank you
No, there is no way that you can retrieve your tezzies if you loose your password. The wallet id and the seed is not enough!!

What?   Typically the see is the private key and that is all you need.  


Tezos is different mate if you lose your password you lose all your coins simple.

An important reminder about passwords
Dear Tezos supporters,

The Tezos fundraiser is currently ongoing and has been a massive success so far. If you have contributed, or are planning to contribute, we would like to remind you of the importance of backing up your password.

The password you select on the fundraiser page is used to protect your key in case of theft of your paper wallet. The 15-word mnemonic you see in your wallet cannot alone let you access your XTZ allocation. We do not have your password and cannot help you recover it.

We recommend that you pick a strong password, one you haven't used anywhere else. Committing passwords to memory is difficult, therefore we strongly recommend you write it down on a piece of paper and place it in a secure location. Keep it secret, keep it safe.

As always, whenever you access the Tezos website, please type in the full address, manually, in your browser: https://www.tezos.com

Sincerely,
The Tezos team

Thanks for the details,  hope the PW I wrote down is the correct one!   =?


good question... how to check if I have/remember/write down my correct password?
That's what i am worried now i hope i can remember the password . If any one know how to check please post it.

As a Tezos investor & InfoSec engineer, I too wanted to double-check my password and to check that their wallet generation mechanism was not flawed... So here is a secure way to do it:

1. Open https://crowdfund.tezos.com (the only official site that you should trust) then download & open the offline version on Chrome in incognito mode (ctrl-shift-n) on an offline computer. If you don't have an offline computer, at the very least disconnect from your network. I highly recommend to go offline. The steps below, if slightly modified, could be used to steal your wallet password+seed. If you are offline, it should be fine.

2. Open Chrome's dev console (ctrl-shift-j) and type the following command. Again make sure you are in incognito mode (if not, the dev console command history will be saved to disk and leak your passwd). Replace "[email protected]" with your email address, "testtest" with your password, "word1 word2 word3 ... word15" with your secret key):

Code:
module.getKeypair('[email protected]'+'testtest', 'word1 word2 word3 ... word15')
(In general you should never type a piece of code you don't understand in the Chrome dev console. But because you are doing this offline, in incognito mode, and will close Chrome before going back online, it is safe.)

3. It should print, for example:
Code:
Object {mnemonic: "scene claim process view journey snack cement lens avoid iron dove slam game chronic hazard",
  entropy: Uint8Array(40),
  pkh: Uint8Array(20),
  pkh_b58: "tz1YFBpy8SvFZhk91rnik1Czx5NsYEaurTn6",
  verif_code: 35399}

4. Verify that pkh_b58 matches your publish key hash. If it does, then your password and email were correct. That's it.

5. If you had to use an online computer temporarily disconnected from the network, then close the Chrome incognito session, and only then it is safe to reconnect to the network.

Technical details:
For the curious and those who can read the js code, the module.getKeypair() function is defined in the Tezos page and simply computes a Tezos keypair from an email, password, and secret key. They use the standard BIP39 passphrase-protection mechanism to generate a seed from a 160-bit mnemonic (15 words). The BIP39 passphrase is the email address concatenated with the Tezos password. The verif_code is just the first 2 bytes of the public key hash (pkh[0] * 256 + pkh[1]).

It is possible that some people typed a random email (not willing to reveal their real email) and it seems the Tezos devs didn't think about this. IMHO they should display a big warning to explain that both the password as well as the email need to be remembered in order to access the wallet, since the email is used to build the BIP39 passphrase.

Thank you,  this worked perfectly and now I can sleep a little bit better...  Smiley .  Seriously, thanks!

sr. member
Activity: 616
Merit: 252
July 09, 2017, 03:33:07 AM
Love the project, but oversold. Big dump when it hits the exchange. I'll be waiting.  Grin

It doesn't matter if it is oversold; oversold = the ground-floor price for the token. All it means is that it will take some time before profit is made and it is better to get on this train too soon rather than too late.

Not many intelligent people are going to be selling at a loss, and if you got in early you have a 20% buffer zone before you are in the red. Getting in early for Tezos is a no brainer. Wait 2 years and we'll be at minimum $10b market cap at least.

Tezos is a set it and forget it coin. You'll find yourself waking up in 2 years to find out you're a millionaire pretty much.

Remember ETH was considered overvalued during it's ICO at what 10cents?



Still, it's also a good strategy to wait until the coin hits the exchanges, probably at near ICO price, to buy. The lock-up from a couple of months and the very successful uncapped ICO will result in a low exchange price. Why not wait until then to buy?
newbie
Activity: 47
Merit: 0
July 09, 2017, 03:30:07 AM
it's look like a good project, but I didn't like the idea of new language, they sould build on exist language. also this coin is like DASH.
Yeah new things are bad Sad
full member
Activity: 560
Merit: 126
July 09, 2017, 03:09:14 AM
it's look like a good project, but I didn't like the idea of new language, they sould build on exist language. also this coin is like DASH.
legendary
Activity: 1146
Merit: 1000
July 09, 2017, 02:57:35 AM
Love the project, but oversold. Big dump when it hits the exchange. I'll be waiting.  Grin

It doesn't matter if it is oversold; oversold = the ground-floor price for the token. All it means is that it will take some time before profit is made and it is better to get on this train too soon rather than too late.

Not many intelligent people are going to be selling at a loss, and if you got in early you have a 20% buffer zone before you are in the red. Getting in early for Tezos is a no brainer. Wait 2 years and we'll be at minimum $10b market cap at least.

Tezos is a set it and forget it coin. You'll find yourself waking up in 2 years to find out you're a millionaire pretty much.

Remember ETH was considered overvalued during it's ICO at what 10cents?

newbie
Activity: 47
Merit: 0
July 09, 2017, 12:19:57 AM
That face when theres no crash on exchange add   Grin
sr. member
Activity: 574
Merit: 250
July 09, 2017, 12:16:17 AM
The best thing you can do is buy at ICO full bonus half of what you intended to invested and the other half when it hits the exchanges in case it drops.


price will crash on exchanges .........oversold

agree ....all the money join the ICO and no more money but it on market .so it will crash
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
July 09, 2017, 12:06:54 AM
The best thing you can do is buy at ICO full bonus half of what you intended to invested and the other half when it hits the exchanges in case it drops.


price will crash on exchanges .........oversold
hero member
Activity: 756
Merit: 500
Hire me! Spanish translator and community manager!
July 08, 2017, 04:11:49 PM
The best thing you can do is buy at ICO full bonus half of what you intended to invested and the other half when it hits the exchanges in case it drops.
hero member
Activity: 966
Merit: 500
July 08, 2017, 02:36:19 PM
Love the project, but oversold. Big dump when it hits the exchange. I'll be waiting.  Grin
There is 9 coins over $500m valuation right now.
Better wait end of the ICO and see valuation to decide.
sr. member
Activity: 249
Merit: 250
July 08, 2017, 01:42:05 PM
Oversold? There is a big advantage in being the biggest. People cannot overlook you  Grin Grin

You are getting much free PR, exchanges loving u, trolls trolling u, expectations growing and if the tech is ok ...   
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