Ninjastic
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Board Announcements (Altcoins)
Re: NEM Official Thread - Crowdsale has begun[Updates & Discussion]
by
gimre
on 25/09/2014, 15:26:03 UTC
Quote from: patmast3r on September 25, 2014, 06:19:37 AM
Quote from: pocesar on September 24, 2014, 05:51:18 PM
Quote from: freigeist on September 24, 2014, 05:15:16 PM
Quote from: patmast3r on September 24, 2014, 05:11:39 PM
Quote from: kingaltcoins on September 24, 2014, 03:47:46 PM
any plans to have an online wallet as nodecoin ?
thanks

Not to my knowledge no but nothing stops anyone from developing one Smiley

Isn't actually or can't the NCC become an online wallet by
implementing client side signing?!



(...) An NIS would need to safely store the data on a file, thus needing to sit on the server. Unless the online wallet site sports a SSL certificate, it could lead to funds being stolen (for example). Every private key is yours to keep, but even downloading / uploading those are a potential hazard.

NCC is the client part and that is what stores the wlt so it doesn't sit on a server but on the client. Even with remote NIS implementation your funds will be safe and sound Smiley

I have no idea why people still prefer brainwallets but okay...we've been over this way too often already.

As pat said, nis does not require access to your wallet (read: private keys).
Beta will have an option to use remote NIS server. Wallet will stay on your machine. There is NO data inside the wallet, there are only (encrypted) keys. Your balance is tracked by the blockchain (as in any other crypto).