Re: [ANN][CrowdSale Live]🌟🌟🌟🌟 NVO Decentralized Exchange | Multi Wallet 🌟🌟🌟🌟
Hi Folks:
Interesting project here... looks pretty good so far.
I am still reading thru all the ANN thread to be sure I understand everything before investing, but time running short LOL and I'm still only on page 33 at the moment, so I wanted to jump ahead here to the end and ask a question (hope this is not a repeat of anything earlier, apologies if so...)
Anyway, SO, okay... I understand I need to use a bitcoin address where I have the private key FOR SURE, for this to work in the future.
I used VANITYGEN to make up my own custom "1nvo..." address for this. So far so good. Was able to import this address into a web wallet for SENDING the bitcoins, so that should be okay? And/OR if in the future there's any problem about whatever web wallet I'll use for this (OmniWallet or blockchain.info, whatever) as long as I have preserved the priv key everything should be okay to access my NVO value in whatever other way is best at that time (the NVO wallet itself, presumably...?)
My QUESTION is about the CounterWallet alternative, that's also been noted earlier in this thread.
I made a wallet account there and looked to see IF it was possible to add my VANITY ADDRESS via private key, BUT it appears that CounterWallet only will SWEEP a balance from an entered private key and put the funds, instead, onto it's OWN address??? Repeat: CounterWallet does not seem to be able to directly "ADD" a bitcoin address using a private key (unless I misunderstood something there?)
So, Is this correct?
And, if so, please clarify my understanding that THIS IS NOT what we need for correct working of the crowdsale... yes?
On the contrary -- seems to me that use of the CounterWallet address is ONLY advised to be by way of their OWN address in the wallet (albeit, yes, they provide private key) and ONLY because this wallet will allow us to "SEE" our NVO tokens right away (as "counterparty" assets?) whereas using another wallet and bitcoin private key will require us to WAIT a bit (but, how long?) to be able to see our purchased tokens, after the crowdsale is over....?
Again, is my understanding of this correct? Please advise.
Bottom line, I'd prefer to use my custom vanity address for this IF possible, as long as it won't take TOO long after the crowdsale is over to be able to confirm my purchase in the NVO wallet itself: if it's gonna be MONTHS later, well, then maybe it'd be better to use the address provided in the CounterWallet system instead.
Thanks in advance for reply.
Hope this was clear enough question LOL
Interesting project here... looks pretty good so far.
I am still reading thru all the ANN thread to be sure I understand everything before investing, but time running short LOL and I'm still only on page 33 at the moment, so I wanted to jump ahead here to the end and ask a question (hope this is not a repeat of anything earlier, apologies if so...)
Anyway, SO, okay... I understand I need to use a bitcoin address where I have the private key FOR SURE, for this to work in the future.
I used VANITYGEN to make up my own custom "1nvo..." address for this. So far so good. Was able to import this address into a web wallet for SENDING the bitcoins, so that should be okay? And/OR if in the future there's any problem about whatever web wallet I'll use for this (OmniWallet or blockchain.info, whatever) as long as I have preserved the priv key everything should be okay to access my NVO value in whatever other way is best at that time (the NVO wallet itself, presumably...?)
My QUESTION is about the CounterWallet alternative, that's also been noted earlier in this thread.
I made a wallet account there and looked to see IF it was possible to add my VANITY ADDRESS via private key, BUT it appears that CounterWallet only will SWEEP a balance from an entered private key and put the funds, instead, onto it's OWN address??? Repeat: CounterWallet does not seem to be able to directly "ADD" a bitcoin address using a private key (unless I misunderstood something there?)
So, Is this correct?
And, if so, please clarify my understanding that THIS IS NOT what we need for correct working of the crowdsale... yes?
On the contrary -- seems to me that use of the CounterWallet address is ONLY advised to be by way of their OWN address in the wallet (albeit, yes, they provide private key) and ONLY because this wallet will allow us to "SEE" our NVO tokens right away (as "counterparty" assets?) whereas using another wallet and bitcoin private key will require us to WAIT a bit (but, how long?) to be able to see our purchased tokens, after the crowdsale is over....?
Again, is my understanding of this correct? Please advise.
Bottom line, I'd prefer to use my custom vanity address for this IF possible, as long as it won't take TOO long after the crowdsale is over to be able to confirm my purchase in the NVO wallet itself: if it's gonna be MONTHS later, well, then maybe it'd be better to use the address provided in the CounterWallet system instead.
Thanks in advance for reply.
Hope this was clear enough question LOL
You are right about allwhat you said, except that you can your balance using counterparty explorer, or https://xchain.io/
Yes, they sweep the address, because they consider that it is unsafe, the problem here is that you have a vanity address.
You can still keep it as is, and retreive the address using xchain, and create transactions manually. Or wait untill NVO releases a wallet update.
It is all up to your decision.
Feel free to ask if you have more questions, you can join us on slack too.
OK so just to follow up on my question and Nemgun's answer...
1. The CounterWallet web-wallet now CANNOT import an address via private key: it only now "sweeps" which is not really sufficient!!!
This needs to be made more clear by all here who are recommending use of the CounterWallet I think. It's leading to some confusion.
2. ANY ADDRESS for which you have the proper, correct private key WILL BE OKAY to use for the NVO crowdsale address, but...
2a. ... we will not be able to ACCESS our NVO tokens until after either the NVO wallet itself is able to support NVO tokens...
2b. ... OR we may be able to access our NVO tokens IF/WHEN the CounterWallet (or another counterparty-supporting wallet) enables priv key IMPORT (and not just "sweep" functionality)
3. Our NVO Tokens WILL be able to be "SEEN" at least, upon issue at the end of the crowdsale, by using a counterparty 'explorer' such as https://xchain.io/
4. But, again, just being able to "SEE" them via https://xchain.io/ will not allow them to be moved, transferred, sold, etc... UNTIL such time as real wallet support becomes working (again either via NVO Wallet itself or maybe privkey import feature in something like CounterWallet
SO: Bottom Line...
1. IF you have just a privkey and address that's not coming from CounterWallet... be prepared to just HODL awhile after crowdsale is complete.
(Personally this is what I'm going to be doing, using my custom generated address from VanityGEN)
-OR-
2. IF you absolutely MUST have "access" to your NVO Tokens immediately upon crowdsale completion (not just "see" them) then you absolutely MUST ONLY USE THE COUNTERWALLET with it's own internal "native" bitcoin address *ONLY*... and "sweeping" some other address there via a priv key IS NOT GONNA WORK.
---
This is my current understanding of the situation... hope it helps to clear up any confusion over the last couple days.
Ton, Yanni, Nemgun, Lauda, etc... please clarify my understanding of the above IF anything written here is not correct!
Hope this helps
Thanks for the clarification sir. You the real MVP