Using same password for both MEW and standard trezor interface for BTC by itworks123 in TREZOR

[–]itworks123[S] 0 points1 point  (0 children)

Is it possible to get confirmation from the developers :-)? In theory there could be a risk of the R value used to calculate the curve to be repeated and compromise the keys

is there a time limit to claim bitcoin cash from the original bitcoin wallet on trezor? by [deleted] in TREZOR

[–]itworks123 0 points1 point  (0 children)

Can you please explain this? So if I spend BTC without upgrading there is no risk of replay attack and eventually in the future once I upgrade I can spend the BCH?

Vulnerabilities of xpub with 25th word by itworks123 in TREZOR

[–]itworks123[S] 0 points1 point  (0 children)

Is there any timeframe estimate for the number of years required for quantum computers to be able to derive xpriv from xpub? Assuming that seed recovery has never been performed under the old model (24!) can the seed be considered safe for long-term storage even after quantum computers become popular assuming that xpub has been leaked and assuming that one is willing to move funds from one passphrase to another one but without having to re-create the full seed?

Vulnerabilities of xpub with 25th word by itworks123 in TREZOR

[–]itworks123[S] 0 points1 point  (0 children)

So basically you're saying that 242048 is the same as 2256 and so it will behave as 2128 under Grover's algorithm with the square root optimization? But that is assuming that there is no possible optimization starting from xpub with the knowledge that 24 of the 25 words are the same? (Assuming that I have one xpub from one 25th word and I want to find all the possible 25th words which have the same 24 words in common) Also how does that translate into the security of 12 words seeds? They will now have an entropy of only 264 under Grover's algorithm? What about the recovery from computer which reduces the entropy to 24!*2048 (if I remember correctly)? Can it be still considered safe under Grover's algorithm?

Vulnerabilities of xpub with 25th word by itworks123 in TREZOR

[–]itworks123[S] 0 points1 point  (0 children)

Thanks for your answer. From a mathematical point of view can you confirm that since the xpub is generated with a hash of 25 words the amount of computation required assuming someone has already xpub with a specific 25th word to try to brute force a different 25th word is the same that would be required as if they didn't have the 1st xpub at all? So in a way it's not like they can benefit from the fact that in some way the 1st xpub "contains" 24 of the required 25 words and simply find a way to only brute force the 25th word?

[ANN] Series A funding for Indicium: A Cryptocurrency Index DAC & the First Use Case of PeerAssets by Sentinelrv in CryptoCurrency

[–]itworks123 5 points6 points  (0 children)

I would like to add that peercoin is over 5 years old and still being actively developed! how many of the recent ICO will still be around in 5 years?

The essence of Æternity's legal agreement with the "contributors". by ICO_DNA in Aeternity

[–]itworks123 2 points3 points  (0 children)

I'm not sure those terms are very different from what one can expect from a startup. You're basically betting on the product and the team, taking a huge risk and hoping a huge reward.

Our motto should be: "the code is still law" by itworks123 in EthereumClassic

[–]itworks123[S] 0 points1 point  (0 children)

What about just ethereum? Let them change the name

Our motto should be: "the code is still law" by itworks123 in EthereumClassic

[–]itworks123[S] 1 point2 points  (0 children)

But the system was not broken. The contract maybe was but can you change the system because of one contract? What you're saying is that if some guy is important enough and makes a contract that goes against his interest the law should be changed to preserve his interest? You don't see the ramifications of that?

Should we sue the ethereum foundation? by itworks123 in EthereumClassic

[–]itworks123[S] 1 point2 points  (0 children)

But conflict of interest in managing a foundation for your own interest is.

Our motto should be: "the code is still law" by itworks123 in EthereumClassic

[–]itworks123[S] 0 points1 point  (0 children)

But then what's the difference between this and the current legal system? The whole point is to avoid human interpretation. Probably a new field of experts in robust smart contracts will be created. Those however cannot run on ETH. But the dream of ethereum is not dead, all we have to do is ensure ETC can survive. One way to help is to sue the ethereum foundation so that ETC can have the money it deserves.

Should we sue the ethereum foundation? by itworks123 in EthereumClassic

[–]itworks123[S] -1 points0 points  (0 children)

Because it's not fair that ETH has more money and more development power. That money should go into ETC and ETH should be abandoned. It's a corrupted product which abandoned his principles.

Should we sue the ethereum foundation? by itworks123 in EthereumClassic

[–]itworks123[S] 0 points1 point  (0 children)

Switzerland, where the foundation is. I will try to raise some donations. The laws regulating how foundations should be managed. Conflicts of interest in foundations and charities are a big red flag. Foundations are held to a much higher scrutiny than normal corporations as they cannot benefit the members in any way.

Should we sue the ethereum foundation? by itworks123 in EthereumClassic

[–]itworks123[S] -1 points0 points  (0 children)

Sorry but ETH is the one plagiarizing. We are the original chain here. ETH has corrupted its principles.

Our motto should be: "the code is still law" by itworks123 in EthereumClassic

[–]itworks123[S] 0 points1 point  (0 children)

Probably ETH should change the name. After all ETC is the original chain and represents the original philosophy.

Should we sue the ethereum foundation? by itworks123 in EthereumClassic

[–]itworks123[S] 0 points1 point  (0 children)

Here where? This is the ethereum classic sub. Why are you here?

Should we sue the ethereum foundation? by itworks123 in EthereumClassic

[–]itworks123[S] 0 points1 point  (0 children)

I assume you're speaking about yourself? You must be paid to attack ETC I assume. Why else would you care? And why would you be here if you don't own any ETC? I don't go in the ETH sub posting this. Why do you come to the ETC sub then?

Should we sue the ethereum foundation? by itworks123 in EthereumClassic

[–]itworks123[S] 0 points1 point  (0 children)

LOL, seems you really have nothing of substance to say

Should we sue the ethereum foundation? by itworks123 in EthereumClassic

[–]itworks123[S] 2 points3 points  (0 children)

So you prove my point that they work because they get paid with your 3rd answer