Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
middlepath
on 05/11/2016, 22:58:56 UTC
What do you mean by "allow access to the private keys to official wallet"?

It is impossible to export private key in testnet..we can just import key..if wallet crash how can us restor it ?..privat key is an security allowing export fonds..so plan yu to allow this fonctionality in official wallet.

Unlike Bitcoin, private key in Byteball is not enough to restore access to funds.  Hence, to avoid giving false sense of security, I removed the export function.


happy friday to all frds


tonych can u explain what is the recovery easy system will be for final official wallet ..

need easy 1-2-3 steps to acces byteballs and send them ...


Two options:
1. (crazy) back up the app's data folder (e.g. on windows C:\users\\AppData\Local\Byteball test).  You'll have to do that every time you send or receive blackbytes or any other private asset.
2. (practical) set up a multisig wallet with redundancy on two or more devices.  E.g. 1-of-2 on desktop+smartphone.  If one of the devices fails, you still can spend the funds from the other device.

I know this is not secure - but how about a real time back-up solution like owncloud/dropbox for this?
Use https://mega.nz/ - end-to-end encryption with auto sync (set app's data folder) and free 50GB cloud storage Cheesy