Author Topic: Screen Shot  (Read 8925 times)

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Offline bytemaster

Re: Screen Shot
« Reply #30 on: December 01, 2013, 06:18:37 pm »
Explain to me how all of those centralized solutions allow you to protect a private key on your computer.  The best approach is a hardware wallet which we will be happy to support.  But we also need recoverability.  Storing your wallet on a USB stick can provide some basic two factor auth. 




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Offline JustHayden

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Re: Screen Shot
« Reply #31 on: December 01, 2013, 06:24:25 pm »
Explain to me how all of those centralized solutions allow you to protect a private key on your computer.  The best approach is a hardware wallet which we will be happy to support.  But we also need recoverability.  Storing your wallet on a USB stick can provide some basic two factor auth. 




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Maybe once you get the ball rolling with Keyhotee after it's release to the public, you can work on releasing a USB stick made special to store your wallet on. Maybe even fit that USB to also mine when plugged in if that's possible? That would almost guarantee constant miners throughout Keyhotee's existence.
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Offline bitcool

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Re: Screen Shot
« Reply #32 on: December 03, 2013, 12:38:52 am »
It's inevitable that somebody will irrecoverably lose his private key or the key gets compromised, the stake can be very high ... so all we can do is say "tough luck"?

Offline bytemaster

Re: Screen Shot
« Reply #33 on: December 03, 2013, 02:26:43 am »
It's inevitable that somebody will irrecoverably lose his private key or the key gets compromised, the stake can be very high ... so all we can do is say "tough luck"?

Your only option is to back it up and risk theft.  IF you trust it to someone else then all you do is transfer the risks and introduce new risks.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline bitcool

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Re: Screen Shot
« Reply #34 on: December 03, 2013, 04:27:15 pm »
It's inevitable that somebody will irrecoverably lose his private key or the key gets compromised, the stake can be very high ... so all we can do is say "tough luck"?

Your only option is to back it up and risk theft.  IF you trust it to someone else then all you do is transfer the risks and introduce new risks.
So if Bytemaster's private key got stolen and become known by many, what's going to happen? I guess there need to be a public directory for all compromised IDs?

Offline bytemaster

Re: Screen Shot
« Reply #35 on: December 03, 2013, 04:29:51 pm »
It's inevitable that somebody will irrecoverably lose his private key or the key gets compromised, the stake can be very high ... so all we can do is say "tough luck"?

Your only option is to back it up and risk theft.  IF you trust it to someone else then all you do is transfer the risks and introduce new risks.
So if Bytemaster's private key got stolen and become known by many, what's going to happen? I guess there need to be a public directory for all compromised IDs?

The KeyhoteeID block chain allows you to cancel an ID, at which point you would have to rebuild your reputation under a new ID.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline robozombie

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Re: Screen Shot
« Reply #36 on: December 03, 2013, 10:19:37 pm »
Is Keyhotee forked from PTS? And if so, how can you use your PTS to credit your id if you have to mine them aka different private keys...

Keyhotee is an application for secure interaction with people and DACs.  It does not have a tradable currency itself, but it will have a wallet for managing other currencies.  Its underlying block chain is for storing free Keyhotee IDs where just a little proof-of-work mining in the  background secures your free ID for a year.  As a user, you don't even have to think about this.  As long as you run Keyhotee about a day per year, your free ID is renewed.  If you get hit by a bus, your free ID name (not your associated private information) becomes available for someone else to claim after one year of no use.  IDs are not transferrable so there is no motivation to reserve names you don't plan to use.  Keyhotee Founder IDs, however, never expire.
Are the founders IDs the only ones that will be on sale, Stan?
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Offline robozombie

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Re: Screen Shot
« Reply #37 on: December 03, 2013, 10:22:45 pm »


Is there a Keyhotee client for the *nix family in the works, too?
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Offline phoenix

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Re: Screen Shot
« Reply #38 on: December 03, 2013, 10:27:43 pm »
Is Keyhotee forked from PTS? And if so, how can you use your PTS to credit your id if you have to mine them aka different private keys...

Keyhotee is an application for secure interaction with people and DACs.  It does not have a tradable currency itself, but it will have a wallet for managing other currencies.  Its underlying block chain is for storing free Keyhotee IDs where just a little proof-of-work mining in the  background secures your free ID for a year.  As a user, you don't even have to think about this.  As long as you run Keyhotee about a day per year, your free ID is renewed.  If you get hit by a bus, your free ID name (not your associated private information) becomes available for someone else to claim after one year of no use.  IDs are not transferrable so there is no motivation to reserve names you don't plan to use.  Keyhotee Founder IDs, however, never expire.
Are the founders IDs the only ones that will be on sale, Stan?

Only founders IDs will be sold for PTS given in exchange for a donation of PTS to help support the development of Keyhotee and other Invictus DACs. Normal IDs will be mined out for a little bit of CPU power, which any normal user should be able to do on a home computer.
« Last Edit: December 04, 2013, 03:25:56 am by phoenix »
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Bitmessage: BM-NBrGi2V3BZ8REnJM7FPxUjjkQp7V5D28

Offline Stan

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Re: Screen Shot
« Reply #39 on: December 04, 2013, 01:43:21 am »
Is Keyhotee forked from PTS? And if so, how can you use your PTS to credit your id if you have to mine them aka different private keys...

Keyhotee is an application for secure interaction with people and DACs.  It does not have a tradable currency itself, but it will have a wallet for managing other currencies.  Its underlying block chain is for storing free Keyhotee IDs where just a little proof-of-work mining in the  background secures your free ID for a year.  As a user, you don't even have to think about this.  As long as you run Keyhotee about a day per year, your free ID is renewed.  If you get hit by a bus, your free ID name (not your associated private information) becomes available for someone else to claim after one year of no use.  IDs are not transferrable so there is no motivation to reserve names you don't plan to use.  Keyhotee Founder IDs, however, never expire.
Are the founders IDs the only ones that will be on sale, Stan?

Only founders IDs will be sold for PTS. Normal IDs will be mined out for a little bit of CPU power, which any normal user should be able to do on a home computer.

Founder's ID's are not sold.  They are small public recognition of people who have made a significant donation to development of Keyhotee - a contribution that goes above and beyond the call of duty.
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Gekko

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Re: Screen Shot
« Reply #40 on: December 04, 2013, 05:51:02 am »
Is there a Keyhotee client for the *nix family in the works, too?
Not knowing the answer I would say: it doesn't make sense otherwise, does it?
I couldn't use Keyhotee if it was Windows/Mac only, which would mean I could not be one of those to get the new proclaimed freedom because I use a free and open operating system. :)

Edit:
Wouldn't using a proprietary operating system like Windows make Keyhotee obsolete, because if the NSA controls the OS they also have control over the installed applications?
« Last Edit: December 04, 2013, 07:48:12 am by Gekko »

Offline bytemaster

Re: Screen Shot
« Reply #41 on: December 04, 2013, 03:33:50 pm »
Everything is cross platform based on Qt. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline robozombie

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Re: Screen Shot
« Reply #42 on: December 05, 2013, 02:45:00 am »
Nice to know that, Bytemaster! Thank you, Stan, Phoenix, for clearing that idea up :D I'm really excited about all these projects that are coming up! I know this is going to be BIG!
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Offline ebay

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Re: Screen Shot
« Reply #43 on: December 06, 2013, 04:39:26 pm »
wo.......

Offline 0dayZh

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Re: Screen Shot
« Reply #44 on: December 16, 2013, 06:54:11 pm »
Nice work!
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