Hi all,
why did the core development team decided against brainwallet concept (like the one of nxt).
Are there anyplans to implement brainwallets in default client ? Guess it should be to hard to implement at all. Since I guess you use privatkeys. So if the private key is derived form a passphrase it should work transparent for the rest of code.
For me a wallet file is a show stopper to invest in NEM since I already have a secure wallet it calls 1password.
FireF
How can the wallet mechanism be a show stopper ?
Anyways a NXT-like brainwallet would afaik not be possible as priv-keys are not derived from passwords.
I guess 1password is a passwod manager ?
To me having a file as a wallet is way safer. Even if my password is "123" it's safe so long as noone has access to that file.
A brainwallet with a "strong" password is safe NOW. Technology evolves and there will come a time (admitedly not very near future) where any 3 letter agency will be able to brute passwords that are considered safe at the moment.