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Omnicoin suggestion thread

(Sep 3, 2014 01:30 PM)SIM-2015410 Wrote:  Yeah, that is a good point. Although allcrypt works, it would be better to have an official omnicoin wallet. We used to have one but as you know it was hacked and the domain now expired. Hopefully we can get someone working on one.

If you want I could relaunch the old wallet from omnichain.info. It's a shared wallet OC but it's better than nothing.
(Sep 3, 2014 01:30 PM)SIM-2015410 Wrote:  Yeah, that is a good point. Although allcrypt works, it would be better to have an official omnicoin wallet. We used to have one but as you know it was hacked and the domain now expired. Hopefully we can get someone working on one.

It wasn't hacked, it was exploited. The owner of that wallet was a l33t user who doesn't even go on HF. He copied the source code for a well known online LTC wallet which was only used to scam.

(Sep 3, 2014 01:36 PM)Abraham Lincoln Wrote:  If you want I could relaunch the old wallet from omnichain.info. It's a shared wallet OC but it's better than nothing.

Shared wallets are NOT better than nothing. They're far too easy to exploit and it's not in the best interest of the coin to rollout a wallet which is not what we need it to be. People are already very hesitant when jumping on board with OMC because of past events. If you can have the balances stored in separate wallets then I'd fully support you bringing back your wallet but if there's shared wallets then I disagree with it being launched.
(Sep 3, 2014 03:20 PM)Aceman Wrote:  Shared wallets are NOT better than nothing. They're far too easy to exploit and it's not in the best interest of the coin to rollout a wallet which is not what we need it to be. People are already very hesitant when jumping on board with OMC because of past events. If you can have the balances stored in separate wallets then I'd fully support you bringing back your wallet but if there's shared wallets then I disagree with it being launched.

They only reason other wallets of that kind have been exploited is because of lack of knowledge and/or incompetence on the part of the owner. Shared wallets have nothing inherently bad about them. Also I didn't close my wallet because of an exploit, it was because of HURRR.

As long as the proper precautions are taken, there is nothing wrong with a shared wallet. I do agree shared wallets are inferior to a properly setup multi wallet setup, but they are also much easier to make, setup, run, and catch bugs. On a multi wallet setup one bug in any part of the wallet handling could ruin that entire wallet. I have worked on a multi wallet and have simply stopped because of the needed time, effort, and because I don't see it as a valuable use of time when OMC is dying out. If the idea of an online wallet is convenience and to get more users into OMC, I doubt anyone will spend the required time to make, setup, test, and run a multiwallet.

Also pools are shared wallets to the extreme. They aren't even separated with accounts, only by a database. Yet thousands of OMC sit in pools and no one (except Blue) take issue with it.
(Sep 3, 2014 06:38 PM)SIM-2015410 Wrote:  Sorry, I chose the wrong word. you know what I mean 😝. I know about the exploit and the owner. I am suggesting that we create a purely OMC online wallet for people to use, which is safe against the exploit used against the last wallet (and the other wallets like dogecoin). Don't you think an online wallet is a good idea?

I definitely do. I am just extremely against shared wallets. Especially considering most of those who will be using the online wallet are likely new to crypto coins. If they search their address on blockchain there's going to all kinds of posts and topics asking about why it's wrong. I just really don't want the wallets to be half assed. Not to be rude but shared wallets is simply being lazy in terms of security. It'd be nice to use the open source code for blockchain.info and make an equivalent of it for OMC.

If that were the case it would be extremely safe. The wallets are stored individually, encrypted, decrypted locally, and an option to add 2FA.
Personally I'd like Gambling via OMC too be allowed and advertised via HF.
I doubt it's possible though as I'm sure that rule is in place due too USA law.
It was also my belief Omniscient was working on integration of Omnicoin onto the Hackforums site, is it still the plan?
(Sep 3, 2014 11:15 PM)Aurora Wrote:  I can get dice games set up but gambling is disallowed here, so there's really no point. Only way to revive the coin is to get Omniscient to accept the coins as actual money, not just some novelty tokens for awards. He should be using it to accept upgrade, stickies, etc. He was adding sales tags but it has been over 2 months and we haven't seen anything. Since MyBB 1.8 has been released, he might need to recode it as well.

I bet he wish he could use it for stickies and upgrades but he knows the harsh reality and that is OMC wont keep a roof over his families head and wont put food on the table. What he needs to do is make new things cost OMC like being able to post a thread in the marketplace requires you to pay some OMC. Or if you want to post images in a thread it costs OMC. etc etc
(Sep 3, 2014 11:21 PM)ӍeshCollider Wrote:  We aren't going to have a discussion about omni earnings, but i am sure he can afford to accept omnicoin as a payment. Of course it's value will rise and it is still a legitimate form of currency just like bitcoin.

You cant compare OMC to Bitcoin. You can compare OMC to one of the thousand alt coins out there that people have made.
Just an old thread; http://hackforums.net/showthread.php?tid=4317423
(Sep 4, 2014 02:11 PM)ӍeshCollider Wrote:  Great, that is helpful too. I will read that and glean some more ideas. Thanks for digging that up for me.

It's my old thread, it was closed as everyone told me Omni already had plans and too just wait.


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