Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
Anotheranonlol
on 10/02/2014, 19:30:07 UTC
With regards to your GUI question... that is the whole point of a web wallet, there *is* no installation. No counterpartyd to set up and install. You simply go to a webpage, generate a passphrase, paste it into a text box, and click login. Takes all of 5 seconds. Nothing to save or worry about beyond your pass phrase (which *is* your wallet)

This kinda reminds me of NXT - any chance we run into same security problems with that, as they did?
Just need to have the (brain)wallet refuse or complain a LOT about low entropy passwords

Whoa back up now. You guys are going to implement the online wallet as a brain wallet???

This is incredibly insecure.

What is wrong with generating random public address / private key pairs like all other online wallets?

what's all the talk about brain wallet insecurity? as I understood on description the site would generate 12 word seed itself,something like blockchain, electrum or http://carbonwallet.com/ https://github.com/carbonwallet/carbonwallet.github.io