Bitcoin Forum

Hi
I want to ask How I can build my own web bitcoin wallet service such as coinbase , xappo is there any script ?

you mean a web wallet/multiwallet or exchange you are referring to ? there are exchanges open source but you still need good knowledge to deploy on your server.

Its not that easy if you ask me. I have planned to create one months ago, in fact I have my own thread about it. Tried to asked some programmers myself and they asked me 3 btc for it. Its easy to create a wallet said one programmer but will people be using it? Thats the real question.

if you want build web bitcoin wallet you must have skill
not enough find free or buy script, not easy you must high tallent and high secure in youre site
without skill youre client use youre service can lost bitcoin balance

if you have money you can easy get your bitcoin wallet. hire a good developer. there alot of script available but its not a good idea if you want to run a good business.

these script are not expensive and have many backdoor.

Building your own project is easier if you have a team. Each with different specialization related to crypto-currency web wallet. I suggest you ask some of the pioneer in this forum for that project and the funds you can crowdfund once the project is well developed.

Technically you could just use BlockCypher and PayPal as implemented in this project: https://bitcointalk.org/index.php?topic=1917610.0 :D


Here is some example code on how to take credit card payments via Paypal: https://github.com/ZenXChaos/ZenXTrading/blob/master/master-dev/exchange/app/Http/Controllers/PaymentGateway/PaypalController.php

Generating a Bitcoin address via BlockCypher: https://github.com/ZenXChaos/ZenXTrading/blob/master/master-dev/exchange/app/Http/Controllers/BitcoindController.php

Hope that helps.

No one will trust you so it's better to stop before you even get started. These days hopefully people are wise enough to never use services like this but I don't think they are.

You'll probably also need a few million dollars for compliance. It's coming for all services.

Instead of building your centralized wallet why not to build your own exchanger it more profitable than building centralized wallet, you can generate profit by any activities on your platform while wallet you just got nothing. People now days are prefer to stored their money or bitcoin on decentralized wallet cause they have ultimate control over their money, there are lot of threads about xapo and coinbase have locked and froze their members account this is why people are scared to use this kind of service. Also you have big competitors out there, well some people might be using your site but i bet those are newbies. This is just my sugestion no offense or something.

You want to have people trust you with thousands or millions of their funds and you want to do that by using an online scrypt?

How? Why? I sincerely hope you re 13.

To run web wallet you need more btc to support your bussines. The hardest part in this case is security issue and promote your service. Many people not easy to join new service without good trust and credibility. If you only need code, i have my own wallet.

Building coinbase and xapo like wallet requires lots of starting budget to develop all the script from scratch also its not easy to build user trust over your service.

If you like to simply host your own web wallet than you can use free github source code provided by https://coinb.in which have minimal web wallet feature. https://github.com/OutCast3k/coinbin/

Its very hard to build a trusted wallet service now adays.  Youll need to prove toe everybody that your wallet is secure and even if you can do that people will still be hesitant to use due to many scammers being out there

Coinbase funding: $117.21M

Xapo funding: $40M

Those are pretty expensive 'scripts'.  :D

I'm not in any way suggesting you should use this, but I recently noticed that there's a Wordpress plugin for that.
https://wordpress.org/plugins/wallets/

I personally wouldn't use a Wordpress plugin for that, but just saying it exists and it's up-to-date apparently.

Unless you have some coding skills to start with, you'll never know if the dev you hired is fucking you with a script which has a backdoor. If you don't have a slightest clue about coding an online wallet script, you should never ever be thinking of starting one.

People just don't come out and start a restaurant business. First they learn how to start one by working in one, then they take their chances.

XAPO, Blockchain and services like these weren't built by a script kiddie. They are serious enterprises with serious dev teams behind them.

->YOU cant.
->You need to hire a developer.Those scripts are buggy and possibly you will need a developer to set it up for you and for the support once it's deployed.
->You will be wasting time trying to set up your own wallet/exchange.

Is there a WALLET that is "better" than others? Can you have a developer create a wallet just for you? kinda like a personal one?


-Dan

No. Only "better" type of wallet is a Multi-Sig wallet (if we're speaking strictly bitcoin).

It's either a single or multi sig address within a wallet or HD wallet. They are all on the same network and work the same.
What you need to look for is reputability. Reputable companies that already have a trusted user base. Not a wallet that promises something you won't get.

PS: This doesn't take into account any extra security features that are added to a specific product. Obviously, there are more efficient ways than using just the Blockchain alone that some companies may use for added security. But that's not really specific to the wallet itself .

thanks for your reply

With a fat budget, i can handle this project

There are several affordable ewallet scripts out there.
Probably you'll have to increase security options, from both script and server.
But it's not difficult to develop this kind of project ;)
Good luck!

It would be extremely risky to start a bitcoin business and hire a developer to create something for you if you don't have experience yourself in what's going on....good chance to be scammed

How will you know, once you buy a script, if it doesn't have any backdoors in it? Security flaws? bugs?

I would be wary.   :-\

There is relatively little money in the business model.  You need to have advertising (blockchain.info) or you need to create a hardware wallet like ledger and trezor with killer marketing.

May I ask you, why you need to build web bitcoin wallet service? there are many web bitcoin wallet service out there.

Yeah that is the thing we really need!!! What are the features and details of your btc wallet?? Thank you)

Web wallet service is not pretty rare here at all since there are so many wallet provider that we can choose and they are more trustable ones to put are money on. And what is the best feature of wallet you can offer to us and what are the thing that can convince us to use your web wallet site/app? Maybe you should state some future features in here so that we can see if this one will be good.


Are you struggling to find better wallet?  I think you must use google and seek those best wallet exist right now.

How does a wallet provider make money by providing wallet service?

If you must to ask "how to make" it's better to give up and try to find something other to do. Yiu need to have lot of skill or to know someone with skill. People is now much more careful with new service, especially when need to put our money there.
Make something different and In this contest you nake a web wallet for your service user. Then you can see how it's work.

the examples you gave are not mere scripts but businesses and they have plan and business model.,

i am not saying you cant do it., but it takes more than just a script.
it needs complete understanding how bitcoins works, how blockchain works., how to make business out of it and how to monetize it.,
how to raise funds for your project so you can focus on main things.,

just my 2 cents.,
good luck

Is there anyone that really can explain how to make a wallet service technically ?

Not just like, 'stop thinking about it' , 'its not just the script' , 'find that on google' kinda thing..

Its just out of my curiosity.
Whats the hard part of building a web ewallet ?
The platform ? The security ? The infrastructure needed ?

Start off using a pre-scripted block explorer on a VPS and build some tenure and trust.  That is pretty easy to put together and do that for at least six months, showing people that you can at least handle running and maintaining a server for a period of time.  Take the time to learn more and play with Bitcoin. .  Download the Bitcoin core and play with it on testnet and live, building TX's from scratch, throw some text data in with a few TX's through your own core on a PC, advertise your website that way per se.

No one will ever just see your URL in the blockchain, but later on when you want to demonstrate you can use and understand Bitcoin, you can point to the blocks you added the URL to and show them.

Building a bitcoin wallet is really easy. As others told there are so many scripts available out there. By using that you can build a wallet. You may need to hire a programmer too. But you cannot entirely depend upon the programmer. You need some technical knowledge about the programming as well as blockchain to figure out any backdoors in the program. Not only that , you need a good budget in your hand before starting the project. You will need to run a signature campaign or something similar to make your wallet a popular brand among other wallets.

Tell me, how much these web purses are generally safe?

Aside from paying programmers to do it that is if you don't know how yo do it by yourself, you also need to pay for the advertisement to let the people know since it would be useless if no one use it or no one knows it. To attract bitcoin users to your wallet you must offer something that is different from the other wallets available.

Build Bitcoin and Litecoin from scratch and compile them on both a Windows and Linux PC.  Use that knowledge to compile your own coin with different parameters. 

Web bitcoin wallet service could be a good idea but like most people say you need to know what you are doing.
I suggest a better project like building bitcoin ATMs.  If you ever need something like that I could help.

Do not try to sell the coin or make money off of it, but get the feel for how the code can be manipulated to do different things.  Write some smart contracts in Bitcoin and test them.  Share the knowledge that you are gaining because nothing test new knowledge like trying to teach other people.

Run a pool behind that same block explorer for another six months and keep the blockexplorer running at the same time.  One year from now, presuming you have demonstrated all this for the forum here, you may be able to launch a wallet service, not an exchange, just a wallet service and get a few users.