Topic: Secure Assets Exchange is Shutting Down (Read 21156 times)

kushti · « **on:** January 20, 2016, 07:53:39 pm »

Hi guys!

Unfortunately, Secure Assets Exchange will not survive 1.7 hardfork.

We(I and Sergey, then also Wesley and Steve Ellis) are started project in May, 2014 just few days after Nxt Assets Exchange release. Unfortunately, due to regulations issues (those 3-letters US agencies I dunno much about) new features were not developed since September, 2014. The team switched to SmartContract.com(also Nxt-based).

Since Nov, 2015 I'm not working with Steve&Sergey for many reasons(Wesley left us around Jan, 2015). Initially we came to agreement to continue maintenance of SAE, but later disagree on conditions.

Well, the best I can do here is to open-source SAE backend(as I'm author of it). I'm not sure the guys will do the same.

Farewell letter on the website:

Quote

Due to recent increases in maintenance costs and the limited resources/time of any startup that needs to prioritize its initiatives, Secure Asset Exchange will no longer be available as of January 21st, 2016 (NXT block 621,000); please plan accordingly.

We are deeply grateful to all of our users and supporters up to this point and look forward to focusing our energy on making the next generation of great blockchain-based applications, which our now global society can truly benefit from.

Your ability to use your NXT or any of your assets will not be affected by our availability because your account and all of its assets can be accessed through the official NXT client.

To access your account using the password created on trade.secureae.com, simply combine your username with your secret phrase, with no spaces between the two; this will create the password to your NXT account for the official client. For example, if your username is “joe” and your secret phrase is “joe likes coffee” then your account’s password for the official NXT client will be “joejoe likes coffee”. Please make sure to take capitalization and spacing into account, they do matter.

If you have any questions, please feel free to contact us at support@secureae.com.

sigwo · « **Reply #1 on:** January 20, 2016, 08:21:45 pm »

Where will you be placing the open source backend for AE? It would be nice to have it in a Github repository for forking/creating. Thank you and sad to see AE in it's current form go. Best of luck!

EvilDave · « **Reply #2 on:** January 20, 2016, 08:39:16 pm »

Thanks for the extra info, kushti.
It's sad to see SAE go, but open-sourcing the back-end code will certainly help with setting up a new version of SAE, if anyone gets the urge.
Good luck, mate, (and to S+S)

Marc De Mesel · « **Reply #3 on:** January 20, 2016, 10:02:48 pm »

Thanks for sharing Kushti. Was great to meet you guys by accident

I'm sorry it didn't work out, was sad to see SAE being shut down

Thanks for what you, Wesley, Sergey and Steve brought to Nxt.

You guys made great things.

allwelder · « **Reply #4 on:** January 21, 2016, 02:18:27 am »

Thanks for the work and open source.
Another, Cryptamail is being developed or terminated too?

farl4bit · « **Reply #5 on:** January 21, 2016, 11:22:20 am »

Sad to see it go. It was a good and easy step for new users. Thanks for all and Ii hope you will stay in Nxt.

ders_a · « **Reply #6 on:** January 22, 2016, 06:49:32 am »

I am very very sad too!

Please, please help me and many others to understand, how we can transfer assets or access our accounts from standard NXT wallet (I never had before) or any other wallet if possible.

I downloaded NXT wallet. It is transferring NXT blocks atm. It allows me to enter with same NXT address as I use on SAE, but then I see nothing. I fI go to Add assets, I see nothing too.

What to do?

Guys, please not leave us alone - there is more users like me. Thank you!

ders_a · « **Reply #7 on:** January 22, 2016, 08:36:36 am »

I switched to myNXT.info. is it good choise? NXT client transfers tonns of megabites with all the time allert from antivirus. looks crap. what is your opinion, guy, any advice?

martismartis · « **Reply #8 on:** January 22, 2016, 08:45:48 am »

Quote from: ders_a on January 22, 2016, 08:36:36 am

I switched to myNXT.info. is it good choise? NXT client transfers tonns of megabites with all the time allert from antivirus. looks crap. what is your opinion, guy, any advice?

You can also try Supernet light client, no blockchain download, just import your passphrase, go to advanced and open light NRS wallet. www.supernet.org

ders_a · « **Reply #9 on:** January 22, 2016, 08:52:12 am »

thank you martismartis! tested. yes - that works nice!

kushti · « **Reply #10 on:** January 22, 2016, 09:12:34 pm »

Quote from: ders_a on January 22, 2016, 06:49:32 am

I am very very sad too!

Please, please help me and many others to understand, how we can transfer assets or access our accounts from standard NXT wallet (I never had before) or any other wallet if possible.

I downloaded NXT wallet. It is transferring NXT blocks atm. It allows me to enter with same NXT address as I use on SAE, but then I see nothing. I fI go to Add assets, I see nothing too.

What to do?

Guys, please not leave us alone - there is more users like me. Thank you!

You need to wait for all the blocks(with your operations, at least) to be downloaded. Or choose another web solution, or a light client.

kushti · « **Reply #11 on:** January 22, 2016, 09:34:09 pm »

Quote from: allwelder on January 21, 2016, 02:18:27 am

Thanks for the work and open source.
Another, Cryptamail is being developed or terminated too?

Cryptamail was abandoned in May, 2014. It could be opensourced(fully, with UI), but the code is for 1.1 or 1.2 so probably broken.

About SecureAE, it is about three parts, my backend is in Scala, a component in Ruby to change BTC<->Nxt via bter or cryptsy(yeah, we did that under the hood), and frontend in Javascript(inherited from wallet UI afaik). Only first part could be opensourced(by me).

About further contribution to Nxt and its ecosystem. I'm all in research and Scorex atm. And I don't see any big problem with the core atm I can fix. I'm in dev maillist and have some things to propose for 2.0. What else? Time will show!

JZA · « **Reply #12 on:** January 22, 2016, 10:16:47 pm »

Would be good to have a video tutorial on how to migrate your accounts 'OUT' of SAE. Get the private pwd and all. Althought I saw the message on the intro screen, many people learn by seen more than by reading.

verymuchso · « **Reply #13 on:** January 22, 2016, 10:38:59 pm »

Mofowallet is being phased out in favor of https://lompsa.com (which is also getting an overhaul).
But we'll keep it online for now, you can buy and sell your NXT assets there.
Secretphrase is not send to the server, uses client side signing.

https://www.mofowallet.com/launch.html#/activity/nxt/assets/latest

jabo38 · « **Reply #14 on:** January 24, 2016, 02:10:50 am »

Thanks for the good work Kushti and opening the source. Maybe somebody else will take it and run with it.

sigwo · « **Reply #15 on:** January 25, 2016, 11:30:13 am »

Has the source been released yet?

Freebieservers · « **Reply #16 on:** February 01, 2016, 06:12:35 am »

Kushti,

This is extremely unfortunate and saddens us greatly. The SAE has been at the crux of nxt (in our view) and has played a major role in engaging amateur users towards the Asset Exchange on here. Is there any way we (Freebie) can take over the project and maintain it ? We expect no payments / nothing in return. We'll provide the servers, daemon maintenance and whatever else is needed. Maybe I could work with @cassius on this. Please do let me know as I wouldn't want to see this project die.

Regards
-Freebie

box1413 · « **Reply #17 on:** February 01, 2016, 10:02:37 pm »

sad to see this go. secureAE was an easy way for newbies to hop onboard.

would be great if someone else took this over that isnt in the reach of US jurisdictions so they won't have anything to fear.

Freebieservers · « **Reply #18 on:** February 02, 2016, 04:56:25 am »

Hello,

We are currently in the process of laying down an action plan in regards to continuing maintenance of the project.
SAE remains close to our heart and has had a major role in enabling a large number of small and medium enterprises to taste the power of borderless crowd-funding. We will be doing everything within reasonable capacity to keep the project alive. I am waiting to hear back from the owners of the project, before making formal announcements.

Regards

kushti · « **Reply #19 on:** February 15, 2016, 12:35:15 pm »

The code for secureae.com & smartcontract.com backends is there https://bitbucket.org/kushti/secureae . Please note it's under AGPLv3 license, so any modification should be opensourced, including SaaS scenario.

SecureAE would work without any modifications with 1.7. SmartContract.com backend code is not corresponding to the current state(backend code has been replaced with alternative developed by rest of the team).

News:

Author Topic: Secure Assets Exchange is Shutting Down (Read 21156 times)