Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
Finally, I will like to set up several master nodes, I lack the technical capability and time to do it myself but will be hiring somebody to do it for me. In that sense I would really appreciate a comprehensive guide on how to set up the master nodes, I think that would be a way better use of the time of the more technically inclined in this forum. Thanks
I'll bet someone will come up with a basic guide and I know the developers are going to try to build safety into this, but do be sure, especially with that much invested, that you cover all security issues possible. Just saying
The only real security issue I can think of is that somebody uses the same password as he uses *everywhere* or doesn't even encrypt the wallet.dat and somebody steals it.
Otherwise, you might get a DDoS attack, but that's just painful, not permanently harmful.
What people aren't realizing is that by having a master node, you are essentially waving a bright flag saying "Hey, at ip address: xx.xx.xxx.xxx there is $700 (and hopefully a lot more!) just waiting for you to take if you can find it."
And you're thinking, but even if they could hack my server, I still encrypted my wallet with a 32 character password! Well guess what? If you have a master node, it means you're most likely active in the cryptocurrency community, so I can find you. And I can almost guarantee if I could break into your server, that I would be able to link you to both your online persona and your real identity.
And now with all of that, my social engineering attack would begin, you wouldn't even know I hacked your server until maybe even as long as 6 months later, when I crack the password guarding it.
My point is thus, having a master node out there is not something to take lightly unless losing the balance of the wallet is no big deal to you.
I think it is a fantastic idea, I am just warning people who don't have the right skills that having a master node is not for them. And if you have to a.) ask how to set one up or b.) have to ask if you have the right skills, 99.9% chance you should not be setting one up.