Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 274. (Read 804701 times)

It seems like a lot of people are confusing the node that you install on your local computer, with a "local wallet" like a QT or something from other coins. Crypti does not function in this way. The ONLY reason you would need to install the software on your local computer or a cloud server would be to RUN a node so that you could expand the network and have a chance at forging the transaction fees.

Installing the software means you are running a node on the network that helps confirm transactions and expand the network.

If your only intention is to have a "local wallet", then you don't need to even install the software. There is no local wallet and your wallet would be no different from the web wallet already available through the Crypti.me website (http://wallet.crypti.me). All you need to do is use a secret pass phrase, get an address, and send your money from the exchange to that address. As long as  you have a complex pass phrase and don't make it easily accessible to anyone (i.e. in an unencrypted file on your desktop, that would be bad), then your Crypti is secure. You can also implement the second pass phrase required for sending any Crypti from your address to make your account even more secure.

There is no need to wait for the windows software to move your Crypti from an exchange for storage. Once you move it to the address associated with your pass phrase, only someone with that pass phrase AND the second pass phrase (if set) would be able to get access to your Crypti.

Essentially, with Crypti, the wallet is just a mechanism to display the data that is stored in the blockchain. The actual data is never stored locally in the wallet.

Once the windows wallet is out, it will load the same data based on the same pass phrase, it will just allow forging from a windows based machine.

Ok just so I can understand what your asking... What exactly are you looking for from a 3rd party code audit?

Whats the matter rabbiter?  Is the source code release delaying the launch of your XCR Clone?

Wheres the source code check you were in the process or arranging like 2 weeks ago. I'm smelling bullshit at this point.

Looking foward to it

All needs time
Soon will be posted Windows wallet, blockexplorer, but i will not post ETA for it.
And i'm already working on 0.1.7, when i will add some new features.

I also have been working on a "cold storage" write up... lets hear your feedback...

In First Gen crypto's such as bitcoin, there are wallets that holds the users private and public keys in the wallet. Your crypto can only be used on the computer that has the private/public key on it. So anyone able to get access to the computer could send the crypto anywhere they wanted. First Gen has a feature to help stop this, it's called encryption and uses a password/passphrase. For some users having a single passphrase to protect your crypto just isn't enough. There is also the fear that there computer could fail, wether from a corrupted drive, house fire or any unforeseen events. So for those users there is something called "cold storage". Cold storage is also used by exchanges that don't want to keep the crypto vulnerable to hackers. So what cold storage, is taking your private/public keys off your computer. This doesn't take them off the blockchain, this only takes them off your computer. What your doing when putting the crypto in cold storage is removing the private key using the "dumpprivkey" command. You see your private and can print it on to a paper wallet if you would like. In first gen crypto the "dumpprivkey" gives you your 58 character private key, which can later be used to import back in to any wallet out there (http://www.coinqa.org/import-paper-wallet-to-litecoin-qt/).

Now Crypti a 2nd gen crypto...

The best way to look at Crypti is that it's always in cold storage. What is meant by this is when you enter your passphrase in to the wallet interface, look at it like importing a private key. Your passphrase is like a private key, however can be 100 characters and use any ANSI character ( e.g.  @ # $ % ƒ ~ ¿ ‡ ). Now Crypti also has a second security feature called "second passphrase" This in a sense can be looked at like the "encryption" from the first gen crypto's wallet. 

So in comparison Bitcoin to Crypti
 
import private key = passphrase
encrypted wallet = second passphrase

It's a bit quiet in the thread  

Are you guys planning BOOM/WOW/YEAH thing ?

There are additional factors that must be stored on the blockchain in regards to our system when compared to PoS. That being said, we are working on solutions to keeping the block size down. Keep in mind that even at the current size, it really isn't that big. But we do agree that this is one of our focus areas. We will continue to find ways to optimize the process and reduce the size of the db.

Could i get free Crypti for testing ?

8917394864145080229C

One of the major items that was part of the meetings the past 3-4 days was interviewing designers. We plan on a full re-brand of the website and eventually the web wallet as well. That being said, I actually really love the simplicity, color scheme, and lack of clutter in the current web wallet. So, to each his own I guess.  

Also keep it mind that we have several really important features on our roadmap that will be added into the web wallet. This will add a lot more "stuff" and make it feel much less "empty" as you put it.

hahah No problem!! 

I have a question on the data bloating problem.

traditional mining only rely on algorithm without the need for additional historical data,
both PoW and PoS follow this rule.

But it seems crypti need additional data for forging,
for example, for PoT, up time of each node is recorded,
if this data is embeded in the block chain,
it will cause a severe data bloating problem because it's not scalable with the number of forging nodes.

Can you developers clarify it for me?

thanks.

And a question regarding forging.
What's taken into account, node uptime, node age or both?

Good Idea... I may be possible to implement this down the road..

It would be nice if there was a way to control multiple addresses from a single account.

Crypti is a 2nd gen crypto and I want ppl to understand it... I need your feedback..

Would these terms make things easier to understand?

Web Node
Local Node
Account (wallet)
Address

I just need to make sure that you fully understand a few things, which you may already know..

Ok when you say "taking all crypti out" maybe you just me transferring all your Crypti from the exchange to your own address... that could be done at any point... there is no need to wait for the windows wallet... the windows wallet is not holding anything... the windows wallet is just allowing you to run a Node on your windows system.. you can access your wallet/account from any node out there already...

The other thing to point out is that you only need 1000 Crypti to forge.. So there is no benefit to having 1000 or 1 million crypti on your single node...
     

Very true. I made the mistake of putting Ubuntu on my gf's laptop because it was playing up and the only way to fix it was to re-install the operating system but we didn't have the Windows disk. She isn't a particularly technical person, and now I'm constantly having to do things for her because she just can't do it herself.

If u think mac is hard to use, try Linux, it's a whole new level of not friendly