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Latest Nxt Client 1.11.5 - NEW RELEASE: Ardor 2.0.3e TestNet IS LAUNCHED!

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Author Topic: Ardor cold storage  (Read 315 times)

Carrete

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Ardor cold storage
April 18, 2017, 12:28:38 am

Hi!

BTC has capability to create new account on offline computer and send coins to it without ever going online.

That way I can keep large chunk of my coins on my offline computer without worrying about keyloggers. Even if they got there during installation they won't be able to send anything because it's offline.

Such possibility doesn't exist in NXT.

Unlike BTC, new NXT account has to send to internet at least one outgoing transaction to become fully initialized by the network, and just sending money to that account is not sufficient for initialization. Otherwise collisions may spoil it.

Do you know if Ardor will fix this drawback?

Sebastien256

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Re: Ardor cold storage
April 18, 2017, 01:13:09 am

As Nxt can, Ardor will be able to do offline signing. I don't know how to do it, but I know this feature is available since a while.

Is offline signing is what you looking for?
« Last Edit: April 18, 2017, 01:16:25 am by Sebastien256 »
Please drop your ideas concerning Nxt and/or NRS in this topic -> List of feature request for Nxt and/or NRS (with the full list in OP).

qq2536007339

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Re: Ardor cold storage
April 18, 2017, 01:25:54 am

Hi!

BTC has capability to create new account on offline computer and send coins to it without ever going online.

That way I can keep large chunk of my coins on my offline computer without worrying about keyloggers. Even if they got there during installation they won't be able to send anything because it's offline.

Such possibility doesn't exist in NXT.

Unlike BTC, new NXT account has to send to internet at least one outgoing transaction to become fully initialized by the network, and just sending money to that account is not sufficient for initialization. Otherwise collisions may spoil it.

Do you know if Ardor will fix this drawback?

No,NXT and Ardor already offer that,you don't need one outgoing for your cold account,a input transaction also do the work,just try send one nxt to your new cold account,you will see require your cold account public key.
你送我未来币,我是要的。NXT-DJ68-PG7W-4JEU-2LU5T
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