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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: Introduction to Secure Asset Exchange  (Read 13143 times)

allbits

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It works like any other public node, the password is never submitted to the server, the transaction is prepared and signed locally.

Perhaps you should explain this in some detail on the site.

crimi

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The chart is really well made now you can see when your asset is gaining or losing profits. Its a really nice idea to have a broker on top of Nxt.

« Last Edit: June 08, 2014, 10:53:59 am by crimi »
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Mexxer

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What kind of order types will be included?
Right now it's just limit order I think. But will there be an option for market order, stop order, all or none order... etc. ?
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coinomat

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Very cool idea. Actually I believe that there should be some cooperation between centralized traditional exchanges and decentralized crypto exchanges. For example it's probably impossible to do HFT on blockchain (high frequency trading). But if you have some central access point in you can trade through it, and the distributed exchange is used for clearance (it's very sketchy but I hope you get the general idea)

So there can appear some centralized platform giving access to all decentralized exchanges, like a tratidional broker provides access to various trading networks.
Time to go further

jl777

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Very cool idea. Actually I believe that there should be some cooperation between centralized traditional exchanges and decentralized crypto exchanges. For example it's probably impossible to do HFT on blockchain (high frequency trading). But if you have some central access point in you can trade through it, and the distributed exchange is used for clearance (it's very sketchy but I hope you get the general idea)

So there can appear some centralized platform giving access to all decentralized exchanges, like a tratidional broker provides access to various trading networks.
InstantDEX will allow for near realtime trading and it will use the blockchain to clear trades
The GUI will look and act like a centralized exchange, but it will be peer to peer
There are over 1000 people in SuperNET slack! http://slackinvite.supernet.org/ automatically sends you an invite

I am just a simple C programmer

coinomat

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Incredible, I'll look into it, thank you
Very cool idea. Actually I believe that there should be some cooperation between centralized traditional exchanges and decentralized crypto exchanges. For example it's probably impossible to do HFT on blockchain (high frequency trading). But if you have some central access point in you can trade through it, and the distributed exchange is used for clearance (it's very sketchy but I hope you get the general idea)

So there can appear some centralized platform giving access to all decentralized exchanges, like a tratidional broker provides access to various trading networks.
InstantDEX will allow for near realtime trading and it will use the blockchain to clear trades
The GUI will look and act like a centralized exchange, but it will be peer to peer
Time to go further

danp123

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Great Stuff!!!!!
Check out Trust Your Assets.
Free Asset API if you're interested

Eadeqa

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This is pretty cool. Now we have another online wallet that doesn't require users to download blockchain or install any software!

Plus direct BTC deposits

Please use RS address format

http://www.secureae.com/
NXT-GZYP-FMRT-FQ9K-3YQGS

bitsalame

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How long does it take to get the funds deposited?
I sent btc there has been 7 confirmations, and there are no NXT in the account.
I thought that using SAE would be more efficient and cheaper than going through bter.

Damelon

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Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
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satoshi

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This is pretty cool. Now we have another online wallet that doesn't require users to download blockchain or install any software!

Plus direct BTC deposits

Please use RS address format

http://www.secureae.com/

This brings an interesting question that I have been thinking about.

SAE acts like a web wallet, so how can I use my credentials from SAE to login to a window or mac client?

Is it possible to add a username to mac or windows NXT client?

TIA
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wesley

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Just combine the username and password you got from SAE and you can use that phrase as the secret phrase in your local wallet.

satoshi

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Just combine the username and password you got from SAE and you can use that phrase as the secret phrase in your local wallet.
+1
Thanks wesleyh. That did it. It was driving me crazy.  ;D


Now I am officially satoshi in the NXT universe. Sent you 10 NXT also. Thanks a million.
« Last Edit: July 12, 2014, 05:54:14 pm by satoshi »
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Eadeqa

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Just combine the username and password you got from SAE and you can use that phrase as the secret phrase in your local wallet.

This is nice. Wish the original Nxt client had set that trend. Adding "username"  is a nice way to add "salt" to the password, making most precompiled hash attack useless. 
NXT-GZYP-FMRT-FQ9K-3YQGS

SAE

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How long does it take to get the funds deposited?
I sent btc there has been 7 confirmations, and there are no NXT in the account.
I thought that using SAE would be more efficient and cheaper than going through bter.

bitsalame, please let us know your BTC or NXT account and we will make sure to look into your transaction's status right away. You can also email us at info [at] secureae [dot] com if that is more convenient.

Chances are it was delivered within two hours and was just being handled by our exchange partners to get you an optimal price for your BTC during the time it took to do those confirmations.
« Last Edit: July 14, 2014, 12:02:21 am by SAE »

SAE

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www reddit com/r/NXT/comments/2aikp2/be_careful_of_secureaecom/

Thanks for the heads up Damelon, this user received their NXT promptly but was accidentally logging into a different account to check it had arrived, this is also why his BTC address had changed; it was for a different account. Our login process needs to be improved to make sure that this kind of confusion doesn't happen again and we are working on that.

It seems like this conversation on Reddit continued to evolve on the Bitcoin version and was deleted from the NXT version, you can view it here; www [dot] reddit [dot] com/r/Bitcoin/comments/2aijfm/be_careful_of_secureaecom/ where the account holder has indeed said that this was a misunderstanding and we were able to get him his NXT at the correct account once he logged into it.
« Last Edit: July 14, 2014, 01:48:55 am by SAE »

SAE

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Just combine the username and password you got from SAE and you can use that phrase as the secret phrase in your local wallet.

This is nice. Wish the original Nxt client had set that trend. Adding "username"  is a nice way to add "salt" to the password, making most precompiled hash attack useless.

Thanks for your support Eadeqa, we are really glad you like it. Though the official Nxt client is great and we should all be very grateful to Wesleyh for his hard work and genuine commitment to a future where Nxt is THE Blockchain 2.0 cryptocurrency. It is among the best clients in Crypto which is what everyone says when we show it to them.

SAE is more focused on mass adoption by professional investors that are used to seeing a username. So I think Wesley's approach of using a secret phrase is very much in the current cryptography standard among top-tier clients; as a design decision for his initial version of the client it totally makes sense for the users he was going after, in my opinion. 
« Last Edit: July 14, 2014, 01:48:22 am by SAE »

kodtycoon

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SecureAE advertised on nem website. ;) http://news.nemcoin.com

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Steve

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SecureAE advertised on nem website. ;) http://news.nemcoin.com

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NEMStake is a massive asset isn't it? :)


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kodtycoon

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SecureAE advertised on nem website. ;) http://news.nemcoin.com

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NEMStake is a massive asset isn't it? :)


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I think it's done Over 3x the volume of #2. could be more volume than all other assets combined. not sure though. guna get bigger to. some interesting things in the pipeline that should happen very soon.

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