Quote from: bones261 on September 24, 2015, 06:11:22 AM

OK, I read more of the OP and I see the Masternodes are part of the whole security deal. I'm confused and concerned about this automatic detecting and encrypting my wallets for me. Will the user at least get some input on what the passwords will be for the encryption? Will I be able to store these on an alternate program like Keepass? I would hate to go below the 5000 coins required for me to use the security features and find that I am now locked out of all my coins. Shocked

The masternodes are an integral part of our multilayered security approach, providing a final layer of security for outbound transactions. Ordinarily, involving masternodes in this sort of role woul lead to an unacceptable decline in network speed. However, by integrating libsecp256k1 into our blockchain design we are completely offsetting that potential problem. In fact, we expect users will experience network speeds and tx times that are noticeably faster than any other coin currently out there.

With respect to your passwords and security levels: you will be able to choose from several different levels of password security. Within this system you may keep your old passwords and at the very simplest level, simply layer a single 2FA protection across all your current wallets. A range of progressively more secure options will also be available to security conscious users . Dropping below the minimum coin account simply removes the CryptBit protection. It does not affect your wallets themselves.