Quote from: technerd on January 04, 2018, 03:14:31 PM

Quote from: almightyruler on January 03, 2018, 03:06:18 PM

Quote from: Yanakitu Tenatako on December 30, 2017, 10:38:13 PM

Dooglus, thank You.
One more question, unlocking for staking is valid for some time or until wallet is closed?

I am considering to put 5 btc on staking (in Clam of course) for long time.
Safety is very important for me.

Am I safe if wallet.dat is stolen and encrypted (but unlocked for staking only).

I can't answer for sure but I'd say the decryption happens in memory only, not "on disk", so your wallet.dat file will still be encrypted.

But there are two other security concerns I can think of, which apply if the attacker has control over your computer (rather than something less sophisticated like stealing your wallet.dat via an accidental network share)

1. A key logger. This will give the attacker your password as you type it.

2. If the attacker can read arbitrary memory locations, they may be able to locate the decrypted private keys that are necessary to stake.

If you're going to invest 5 BTC it may be worth considering building a custom machine. Lock it down tight, and only allow outbound connects on the CLAM port. Disallow everything else.

Hi experts,

Hope someone can help clarify a few questions I have here:

1. What's a good reliable exchange to convert dogecoins to clams? I know shapeshift.io allows this conversion but reading the last 26 pages, there were a few concerns raised on shapeshift.io being "spotty", and transactions actually go via poloniex (? correct me if I'm wrong) which recently reduced trading capabilities on clams (margin trading I believe). So this doesn't really illicit a lot of confidence.

2. Regarding the quote above, does it mean it's not advisable to simply keep the qt client open for staking on a normal PC? How do the regular clam holders do it? I believe security is a concern for everyone so this should be important to address (thanks to the original poster of the question).

Thanks.

@technerd
BLEUTRADE has CLAM/DOGE - DOGE/CLAM markets, take a look.