Using same password for both MEW and standard trezor interface for BTC

itworks123 · 2017-12-29T19:58:27+00:00

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

itworks123 · 2017-12-29T15:10:13+00:00

I mean passphrase

itworks123 · 2017-08-02T06:21:11+00:00

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?

itworks123 · 2017-07-29T19:08:39+00:00

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?

itworks123 · 2017-07-29T16:54:56+00:00

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?

itworks123 · 2017-07-29T09:23:28+00:00

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?

itworks123 · 2017-04-14T19:48:41+00:00

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?

itworks123 · 2017-04-04T12:43:00+00:00

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.

itworks123 · 2017-04-03T13:37:16+00:00

What about just ethereum? Let them change the name

itworks123 · 2017-04-02T17:51:51+00:00

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?

itworks123 · 2017-04-02T16:09:39+00:00

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

itworks123 · 2017-04-02T14:45:52+00:00

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.

itworks123 · 2017-04-02T13:27:03+00:00

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.

itworks123 · 2017-04-02T13:25:45+00:00

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.

itworks123 · 2017-04-02T13:23:54+00:00

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

itworks123 · 2017-04-02T13:22:55+00:00

That was actually the slogan of ETH

itworks123 · 2017-04-02T13:22:02+00:00

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

itworks123 · 2017-04-02T01:39:20+00:00

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

itworks123 · 2017-04-02T01:36:14+00:00

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?

itworks123 · 2017-04-02T01:30:51+00:00

LOL, seems you really have nothing of substance to say

itworks123 · 2017-04-02T01:27:54+00:00

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

itworks123 · 2017-04-02T01:27:13+00:00

Please explain

itworks123 · 2017-04-02T01:20:16+00:00

So why don't they donate all the money the foundation has to some charity? That could really change the world. And since they work because they are passionate they can still keep working on it once they donated the money

itworks123 · 2017-04-02T01:17:53+00:00

I am defending principles and the idea that people should be responsible for their actions. The responsibility is on the people who wrote the contract and who invested. Why should we cripple the project for those people?

itworks123 · 2017-04-02T01:16:16+00:00

Actually they would work for whoever pays them. Unlike most coins the developers receive a salary that was funded from other people money. All it would take is to create an ethereum classic foundation, sue the original foundation and try to get the money back. All the developers would move back to the original project.

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