Do in need to register my BitSharesX Account

Started by stuartcharles, August 25, 2014, 10:52:16 AM

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toast

It DOES make a difference in security if you want to think of your account in terms of the name.

Your account is not actually named anything until you register. Nobody can see your name in your local wallet.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

xeroc

In contrast to NXT where you have a "brainwallet" .. the passphrase in BTSX just encrypts the random wallet private key ..
you need both to access your funds!

robrigo

Quote from: Helikopterben on August 28, 2014, 09:04:13 PM
What prevents someone from doing a brute-force or other attack and being able to guess passwords.  If someone is able to get my password, do they have full access to my account from anywhere?

Thanks

Nope, because your password is linked to your wallet file on your local machine.

Helikopterben

What prevents someone from doing a brute-force or other attack and being able to guess passwords.  If someone is able to get my password, do they have full access to my account from anywhere?

Thanks

xeroc

still doesn't make it more secure when you register ... it just that you tell the whole world taht pubkey A belongs to accountname foobar .. nothing more .. transactions don't go to that public key but TITAN dereived new addresses .. so .. either way .. security is the same

xeroc

Quote from: stuartcharles on August 25, 2014, 11:10:06 AM
Thanks for the advise, but from a security prospective it doesn't matter?
nop .. does not change anything

stuartcharles

Quote from: lucky331 on August 25, 2014, 10:54:26 AM
it's always a good idea to register an account name the same as your forum screen name to prevent other people from using it.

Thanks for the advise, but from a security prospective it doesn't matter?

xeroc

registring your account does not change any thing securitywise .. it just makes things lot easier!

lucky331

it's always a good idea to register an account name the same as your forum screen name to prevent other people from using it. 


stuartcharles

First of all congratulations to you all, ive just been on holiday for 10 days and come back to.. wow..

I am wondering, from a security prospective, are my BTSX's any more safe if i register my account?