Alternative Cryptocurrencies (General Discussion & Trading)

Willie Trombone

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Jul 18, 2008
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Dunno, just surprised that an exchange service is using a gmail address when they've obviously got their own domain.

Yeah, possibly only using a single email address on that domain and using email forwarding for gmail. Perhaps the gmail interface is more convenient or the domain email doesn't have a web interface.
Then again, the same street address / PO for Altcointrader is being used for a bunch of enterprises. So probably cost savings or convenience (can stay logged in to multiple accounts at once but use the same familiar interface)?

Perfectly legit, but probably not ideal, especially considering it looks like a spoof on the surface.

Now my email address being in the wild is one thing, but what about the copy of my passport and my banking details... I'm hoping they only use Hetzner for email and not for the webapp and database hosting.
 
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PPLdude

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Oct 3, 2011
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In relative terms, some impressive and some mediocre features. It is a DASH software fork. Masternode based coins are still limited in number and those released after DASH are mostly successful.

MASTERNODES

Masternodes are computers that run a Solaris wallet and make decisions, such as locking transactions with SwiftTX, coordinate obfuscation of coins, and voting on budget funding. Masternodes are required to have 1000 XLR collateral and be able to run 24 hours a day without a more than a 1 hr connection loss

My suggestion is to mine some XLR for a couple of days (ccminer with xevan support required).

SUPER FAST

60 seconds as block time is already very fast. In spite of that solaris users may use SwiftTX to make transactions instantaneous thus enabling the sending coins with ZERO confirmation wait time required.

SEESAW REWARDS

To promote an even ratio between staking nodes and masternodes in the network. The Solaris use a variable Seesaw Reward Balance System that dynamically adjusts its block reward size between masternodes and staking nodes. The seesaw rewards was originally developed by PIVX team.

PRIVACY

Already extremely secure and private, with an optional feature to completely anonymize transactions. Solaris is aiming at establishing one of the first truly anonymous crypto-currency. Soon, we will be using Zerocoin Protocol as our Full-time Transaction Protocol.

SECURE

Built on Bitcoin Core 0.10.x. with some v0.13.2 updates and Dash core v0.12.1 BIP38 Encryption/Decryption of Private Keys.

ASIC RESISTANT

SolarisCoin uses XEVAN as mining and spork algorithm. This algorithm was originally found by Bitsend (BSD) and has proven to protect against ASIC mining hardware.

Is there incentive to run a masternode?
 

Willie Trombone

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Dunno, just surprised that an exchange service is using a gmail address when they've obviously got their own domain.

To add to that...

mcQopNh.png


OK, I think I know how they gleaned my details - my response to Altcointrader:

Hi, I believe I have found the weak spot. It seems your system has not in fact leaked email addresses, but it's very likely that someone is conducting an attack on your site by:

1) attempting to reset passwords for known email accounts (they have a list of compromised email accounts - which they have gathered from another source) to see if an Altcointrader account exists on your servers for that email. Since your system confirms whether an email account exists for that address or not when you attempt to reset the password, they can confirm email addresses that have an altcointrader.co.za account.
2) attempting to brute force the password - your locking policy works well to thwart this.

My suggestion is to have one generic message that neither confirms or denies the existence of an account at the submitted address when using the password reset feature to prevent leaking that piece of information.

In short, you can enter anyone's email address in the reset password field to confirm if they are an Altcointrader user.

This is why it's useful to use the myemail+somethinghere@gmail.com trick where you never use your email address as your login. I believe this works with gmail and microsoft accounts. That way if your email address is compromised, it's never used elsewhere.
 
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etienne_marais

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Mar 16, 2008
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15,093
Is there incentive to run a masternode?

One master node (running on VPS) bringing in about $2 per day currently.

I had an existing VPS with websites and the like, so the masternode is paying for itself at a rate of 75% to 80% ROI per year and can then cover VPS cost and some passive income thereafter. If all goes as expected of course.
 
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Willie Trombone

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Jul 18, 2008
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Just received this email

t3OONSy.png


Dear altcointrader, please don't let random people know that my email address is active on your system :)

B0JXs4T.png


---

dW9tfKG.png
 

srothman

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Mar 30, 2010
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2,756
Decided to trade the little bit of BTC I had in my Luno account for Eth. I've never really considered investing in it like this (vs. Mining), but figured I might as well dip my toe in for a feel and see where it goes.
 

saor

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Feb 3, 2012
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Decided to trade the little bit of BTC I had in my Luno account for Eth. I've never really considered investing in it like this (vs. Mining), but figured I might as well dip my toe in for a feel and see where it goes.
As a currency to shift around and trade with eth is such a pleasure to use compared to bitcoin. If I need eth in an exchange wallet I can get it there in under a minute. Especially with luno now - the fnb to luno eft clears in about 2 minutes and I can get my eth out to myetherwallet and to an exchange in under 5 minutes from clicking 'pay' in FNB.
 

srothman

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Mar 30, 2010
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As a currency to shift around and trade with eth is such a pleasure to use compared to bitcoin. If I need eth in an exchange wallet I can get it there in under a minute. Especially with luno now - the fnb to luno eft clears in about 2 minutes and I can get my eth out to myetherwallet and to an exchange in under 5 minutes from clicking 'pay' in FNB.

Yeah I'm slowly but surely building my portfolio up a little bit, and will try to give equal attention to this, along with BTC and XRP holdings, perhaps a 20%/30%/50% split between XRP/ETH/BTC. Maybe.
 

saor

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I have an idea for an app or website related to crypto. Nothing crazy just seen a gap for something that might be useful. I don't really code (probably need python / jscript) so...if you're a developer etc. send me a pm and I'll tell you what the idea is and you can let me know if it's silly or worth taking further. I'm not talking to someone with 10 posts. Just the usual mybb people.

No, I don't want to start an ICO for this shiz :p.
 
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Komrun

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Jul 8, 2012
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175
I'm done with ICOs

Just hodling Monero (Bought at $84) and playing around with some ****coins


I'm done with ICOs

Just hodling Monero (Bought at $84) and playing around with some ****coins


WHY?!
You just need to weed out the proper ICO's With a little research you can know which ICO's are scam and which are actual projects that solve a problem!
There are few criteria actually, very easy!
I already talked about Ripio credit network and Quantstamp here! RCN did X2 and Quantstamp after 36 Hours of release is at X4 ICO price!
One upcoming ICO is Experty.io. It's Platform for monetizing youtube comments, webMD, Stackexchange...

It has everything good about a project you can expect!
Stellar team and advisers! Trusted and experienced team of developers and advisers! It's trustworthy!
Low Market cap (~$12 M) (There is a lot of room for project to grow)
Big Hype! Telegram channel is currently has 3260 members! And they are raising awareness through their community! There will be a huge demand for their tokens!
Amazing Roadmap: Working product comes in December and Market release is in Q2 2018! Will be a working platform with huge potential userbase! (Practically anyone who can solve a problem over the phone)
Investing in this project has a X10 profit in 6 months! It's a no brainer...
151139041649111.jpg

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Slootvreter

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Aug 7, 2008
Messages
30,273
I realize that I'm going to catch some hate for posting and not reading the entire thread, but which exchange do you guys use to purchase XRP?
 
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