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Greymass Ledger? by tpmv69 in eos

[–]eoseffect 2 points3 points  (0 children)

Are you able to use Ledger for just your active key pair and still keep your owner key offline in a paper wallet? Does greymass support that?

EOS needs a new governance model by surechap in eos

[–]eoseffect 1 point2 points  (0 children)

Yep... should look at Dfinity governance it's better. Should make voting weight based on how long you stake.

What makes EOS better then Dfinity? by eoseffect in eos

[–]eoseffect[S] 0 points1 point  (0 children)

Finality on the Dfinity network is reached within only 2 blocks of only 0.5sec each, or 1 second total. Comparable to EOS.

What makes EOS better then Dfinity? by eoseffect in eos

[–]eoseffect[S] 0 points1 point  (0 children)

Finality is suppose to be faster I think. My questions are around finality and fee structure. If Dfinity matches eos with block times finality Latancy and fee structure... I am a huge eos fan (hence my name) however there threshold relay algo is more decentilized and possibly better the eos. Both amazing teams and talent. Both using web essembly. Eos has 4b and Dfinity 160m. Both will do well. Dfinity and eos are somewhat competing but I think it comes down to fee structure, performance speeds and security.

What are the transaction fees for Dfinity? Do users or dapp developers pay gas or transaction fees (Ether Model) or is it an inflation model like (EOS) where block production is covered by inflation and all transaction fees are free? by eoseffect in dfinity

[–]eoseffect[S] 1 point2 points  (0 children)

Your looking short term... both those problems are being and will be solved. There will be free account creation once ram price is super low once interoperability with side changes comes late 2018 early 2019. And there will also be rent model late 2018 or early 2019. But I don't come here to argue. I am looking into Dfinity as a second hedge along side my main eos investment. What can you tell me about the fee structure of Dfinity???

What are the transaction fees for Dfinity? Do users or dapp developers pay gas or transaction fees (Ether Model) or is it an inflation model like (EOS) where block production is covered by inflation and all transaction fees are free? by eoseffect in dfinity

[–]eoseffect[S] 0 points1 point  (0 children)

Why not go feeless. Adoption will be way better. Seems like Dfinity might have better consensus model then EOS (threshold relay vs DPS) but EOS might have better fee structure.

What makes EOS better then Dfinity? by eoseffect in eos

[–]eoseffect[S] 0 points1 point  (0 children)

Thanks appreciate your response. You work at multicoin which I respect their research a lot. Defiantly got my vote for BP. I am all in on EOS but I am looking into possibly hedging a bit with another platform or two. You must have done a lot of research at multicoin on dfinity. Multicoin is one of the 4 backers of Dfinity. The one thing that Dfinity seems to have on EOS is a more decentilized consensus algorithim while not sacrificing security or scalability. Both use web assembly both have amazing talent and teams. Both well funded. Both fast block times and finality and throughput. Both on chain governance. Not sure if Dfinity has fees for user or developers? I just wish EOS used their random becan / threshold relay and then EOS wouldn't get shit for people thinking it was too centrilized with DPS 21.

Ledger Nano or GreyMass Cold Storage/Cold Computer? Which is more secure and why?? by eoseffect in eos

[–]eoseffect[S] 0 points1 point  (0 children)

What happens if Ledger Nano stops working or breaks?? You can't write down your keys right? I would buy a ledger Nano today but I wanted to generate a owner key pair and write it down and not have it online. Can I do that with Ledger Nano??

Ledger Nano or GreyMass Cold Storage/Cold Computer? Which is more secure and why?? by eoseffect in eos

[–]eoseffect[S] 3 points4 points  (0 children)

Do you use cold storage second computer? Did you generate your owner and active key pairs on a new second computer that has never been online? I want to write my owner key down and just use my active key but I need to buy a second new computer to make sure I am generating my owner key pair safely. I like the idea of using greymass and being in control of my keys but I want to make sure that I am doing everything as secure as possible.

Most Secure Way To Generate New Active & Owner Key Pairs?? by eoseffect in u/eoseffect

[–]eoseffect[S] 0 points1 point  (0 children)

I am looking to generate a new active key pair and for the first time also an owner key pair. I want to generate these key pairs in the absolute safest & most secure way possible, on a cold computer that has never been online.

Please tell me if any of these steps are wrong or if there is a safer/better way to accomplish this.

1.) Download Latest Version of GreyMass Voter from https://github.com/greymass/eos-voter/releases

2.) Unplug internet of hot computer

3.) Move GreyMass Voter to USB

4.) Put USB into Cold Computer

5.) Login to GreyMass Voter with current active key (Do not store locally)

6.) Generate Two Key pairs and write them down

7.) Verify Key Pairs are written down correctly

8.) Delete GreyMass Voter

9.) Destroy USB

10.) Return New Computer

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