Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage - Working Beta - Currency has been released
by
killerstorm
on 25/11/2015, 15:37:07 UTC
When you talk about 'Bitcoin wallets', can you give explicit examples of wallets that do things well?

Electrum, for example. It's quite popular and I haven't heard people complaining neither about usability nor about security.

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The mnemonic is to provide secure encryption on the private keys, using a smaller passphrase to encrypt the mnemonic... would defeat the point?

Well, file + passphrase is a common scheme (user for ssh, pgp keys etc.), the idea is that if attacker steals a file it might be prohibitively expensive to crack the passphrase, or at least give owner time to react to breach of security.

In case with BIP-39, mnemonic is not encrypted, but instead seed is generated as PBKDF2(mnemonic, passphrase), thus seed depends both on file and user input.

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Unlocking the wallet takes a while because it currently processes the entire blockchain to scan for relevant outputs. The wallet doesn't know which public keys to look for because it doesn't keep them on disk,

OK, I'm just used to Bitcoin wallets which have access to public keys even when wallet is locked.

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Siad got stuck: what version of siad are you using, and what is the speed of your internet connection? Also, how many minutes/hours did you wait for it to get unstuck? The most recent version (0.4.Cool doesn't usually have problems getting stuck, and I think everything past 0.4.6 would usually get unstuck after a few hours.

I'm using 0.4.8. My internet connection is slow, something like 100 KB/s, but it was enough for siad to download 2 gigabytes worth of something.

I waited for many hours. I saw it connecting to different peers, downloading something, but blockchain remained at 21664. I'll try to start over, let me know if you want to look at the stuck consensus.db.

BTW sometimes it shows 0.0.0.0 and 127.0.0.1 in the list of peers, what is that?