Building a more secure namecoin wallet
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Building a more secure namecoin wallet
I'm building a more secure wallet for Namecoin that adds multi-factor authentication and other features on top of the standard wallet. Does anyone want to help me test this when it's ready? I'm almost in the prototype stage but there's still a lot of work ahead so I can't give an ETA yet. Also, if anyone wants a certain feature implemented I'm still taking suggestions on my website or you can just post them to this thread. Currently the most sought after features are user-friendly security features so that's definitely something I'm prioritizing but if you have other ideas I'm open to that too
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Re: Building a more secure namecoin wallet
Is this based on an existing Bitcoin wallet?insert_bitcoin wrote:I'm building a more secure wallet for Namecoin that adds multi-factor authentication and other features on top of the standard wallet. Does anyone want to help me test this when it's ready? I'm almost in the prototype stage but there's still a lot of work ahead so I can't give an ETA yet. Also, if anyone wants a certain feature implemented I'm still taking suggestions on my website or you can just post them to this thread. Currently the most sought after features are user-friendly security features so that's definitely something I'm prioritizing but if you have other ideas I'm open to that too
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Re: Building a more secure namecoin wallet
A quick Startpage brings up this BitcoinTalk thread, for people who are curious. https://bitcointalk.org/index.php?topic=1061299.0
@insert_bitcoin Assuming this isn't based on a pre-existing wallet software, may I ask why you're not using some existing wallet, such as Armory, as a base for your work? Creating a secure wallet from scratch, and maintaining it, is a pretty big time investment.
@insert_bitcoin Assuming this isn't based on a pre-existing wallet software, may I ask why you're not using some existing wallet, such as Armory, as a base for your work? Creating a secure wallet from scratch, and maintaining it, is a pretty big time investment.
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Re: Building a more secure namecoin wallet
Sorry for the late reply I've been really busy.
It's from scratch but it will be using coding from one of our existing projects. This includes a lot of client-side stuff and blockchain processing. We're also not coding a wallet in the traditional sense.Is this based on an existing Bitcoin wallet?
I would hope so. A namecoin wallet kind of needs thatWill it support name operations?
Most of the code for existing wallets was coded with only one currency in mind which makes it hard to update for multi-currency support. Also, last I checked Armory was using 1000 line+ god objects for the main wallet - truly terrifying. The reason we're starting mostly from scratch is because we have different goals. I recognize there is a lot of overlap between things like raw transactions and blockchain serialization/deserialization for cryptocurrencies but we've used a lot of other people's code already so it isn't too much of a waste. Now we're basically focusing on the bigger picture and trying to take things in a new direction.A quick Startpage brings up this BitcoinTalk thread, for people who are curious. https://bitcointalk.org/index.php?topic=1061299.0
@insert_bitcoin Assuming this isn't based on a pre-existing wallet software, may I ask why you're not using some existing wallet, such as Armory, as a base for your work? Creating a secure wallet from scratch, and maintaining it, is a pretty big time investment.
Re: Building a more secure namecoin wallet
I'm interested, particularly from the multicurrency aspect. I'd like to see how much additional effort it would take for the wallet to legally form a namecoin "share". Not many people know but a Labuan Offshore Company is allowed to issue shares in a nominated currency. It can be dormant or if a financial holding entity (like IP owner of a trademark) then subject to zero tax. There are some aspects that may appeal like fractional shares (sub-namecoins) or protected cell companies (think quarantined accounts).insert_bitcoin wrote:I'm building a more secure wallet for Namecoin that adds multi-factor authentication and other features on top of the standard wallet. Does anyone want to help me test this when it's ready? I'm almost in the prototype stage but there's still a lot of work ahead so I can't give an ETA yet. Also, if anyone wants a certain feature implemented I'm still taking suggestions on my website or you can just post them to this thread. Currently the most sought after features are user-friendly security features so that's definitely something I'm prioritizing but if you have other ideas I'm open to that too
Dr. Lawrence Lau
http://www.linkedin.com/in/drllau
http://www.linkedin.com/in/drllau
Re: Building a more secure namecoin wallet
>drllau
I think he means multicurrency as in btc/nmc/ltc ... but yes a software to issue assets could be built on using names or TXs, but that may be over the top for a wallet, it should be an additional program or plugin like factom on top of nmc.
Check the ultracoin concept, that may need an specialist on finance instruments and a coder....
>insert_bitcoin
A multicoin light wallet will be nice, with the amount of TX on the main coins the blockchain size it's becoming unmanageable and puts off newbies.
Make sure it's compatible with nmcontrol!
I think he means multicurrency as in btc/nmc/ltc ... but yes a software to issue assets could be built on using names or TXs, but that may be over the top for a wallet, it should be an additional program or plugin like factom on top of nmc.
Check the ultracoin concept, that may need an specialist on finance instruments and a coder....
>insert_bitcoin
A multicoin light wallet will be nice, with the amount of TX on the main coins the blockchain size it's becoming unmanageable and puts off newbies.
Make sure it's compatible with nmcontrol!
Re: Building a more secure namecoin wallet
Thanks for the pointer ... from what I can interpret of slide 14 their Veritas (hmm ... potential brand conflict) is basically a branded bitcoin with a proprietary book-build. However, it is not strictly speaking multicurrency ... ultimately any cryptocurrency needs to fungible and their business attempts to drive everything towards their "facilitator" (which can be viewed either as a P2P bookbuilder or multiple marketplaces ... what they call DAC distributed actors) via prepaid branded bitcoin.johnc wrote:>drllau
Check the ultracoin concept, that may need an specialist on finance instruments and a coder....
The wallet is supposed to provide other functionality, whereas the blockchain acts as a "registrar" (if you use the fields correctly) the wallet allows for custodian services ... think of it as the distinction between trustee v broker. Former is supposed to act in your (or owners) interest. Currently it is not exactly succeeding (Mt Grox etc) which suggests just having a private key is insufficient and the ecosystem is missing critical infrastructure.
PS. IMHO Veritaseum reliance on patents is going to hit the Alice ruling sooner or later and may be overturned ... or worked around as in Akamai.
Dr. Lawrence Lau
http://www.linkedin.com/in/drllau
http://www.linkedin.com/in/drllau