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Title: inputs.co and coinlenders Post by: chstls on October 16, 2013, 12:00:53 PM Anyone would like to intruduce the relationship between inputs.co and coinleanders？
If the coinlenders was shut down, it is safe for saving bitcoin in inputs.co. Title: Re: inputs.co and coinlenders Post by: 🏰 TradeFortress 🏰 on October 16, 2013, 12:10:40 PM There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? :)
Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up). Title: Re: inputs.co and coinlenders Post by: danieldaniel on October 16, 2013, 10:26:26 PM There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? :) Security is always a risk. Everyone thinks their fine until their coins are stolen...Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up). Title: Re: inputs.co and coinlenders Post by: chstls on October 17, 2013, 05:20:08 AM There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? :) Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up). thank u for ur answer,tf. now i am clear about it, so would u like to introduce the relationship between inputs.co and coinleanders? Title: Re: inputs.co and coinlenders Post by: nimda on October 18, 2013, 02:45:09 PM There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? :) Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up). thank u for ur answer,tf. now i am clear about it, so would u like to introduce the relationship between inputs.co and coinleanders? Run by the same person, and Inputs is required to use Coinlenders. Title: Re: inputs.co and coinlenders Post by: bitcoin44me on October 19, 2013, 04:24:29 PM Yes,
inputs.io = online wallet (like blockchain.info). CL = bank ... Title: Re: inputs.co and coinlenders Post by: Polyatomic on October 20, 2013, 06:27:51 AM Try it and find out dude.
Title: Re: inputs.co and coinlenders Post by: Abdussamad on October 22, 2013, 11:09:32 PM Yes, inputs.io = online wallet (like blockchain.info). CL = bank ... No not like blockchain.info. Inputs.io is an off-chain wallet meaning you are trusting the site with your coins. With blockchain.info you are responsible for your coins and the site owners have no access to them. Title: Re: inputs.co and coinlenders Post by: 🏰 TradeFortress 🏰 on October 22, 2013, 11:53:11 PM No not like blockchain.info. Inputs.io is an off-chain wallet meaning you are trusting the site with your coins. With blockchain.info you are responsible for your coins and the site owners have no access to them. This is a common myth. Blockchain.info has multiple ways to access your coins:1) Serve you a bugged JS file 2) Store your password when you use the API 3) Provide you with incorrect transaction data for double spending attacks If blockchain.info (or someone with access to Blockchain.info) wanted to take your coins, they have a high success rate. It's a hybrid wallet, not a offline one that you compile from source. Title: Re: inputs.co and coinlenders Post by: Abdussamad on October 23, 2013, 12:21:15 AM No not like blockchain.info. Inputs.io is an off-chain wallet meaning you are trusting the site with your coins. With blockchain.info you are responsible for your coins and the site owners have no access to them. This is a common myth. Blockchain.info has multiple ways to access your coins:1) Serve you a bugged JS file 2) Store your password when you use the API 3) Provide you with incorrect transaction data for double spending attacks If blockchain.info (or someone with access to Blockchain.info) wanted to take your coins, they have a high success rate. It's a hybrid wallet, not a offline one that you compile from source. 1) You can compare the JS with what is on their github repo. Better yet use their browser extension. 2) Don't use their API or use a different wallet if you want API access. 3) Yep this is possible but you can just as easily double check transaction data on blockexplorer.com The big difference between inputs.io and bci is that bci does not run a lending operation that offers extremely high interest rates. A lot of people start off with online wallets. But it is better to move to a desktop client once you've got the hang of things. Title: Re: inputs.co and coinlenders Post by: Dr.Steve on November 07, 2013, 03:48:53 AM What's the scoop with CL now that Inputs.io is compromised?
Title: Re: inputs.co and coinlenders Post by: trade-for-pokermoney on November 07, 2013, 03:52:48 AM There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? :) Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up). according to this, we are fine as long as he didnt run. So we will see for sure soon! Title: Re: inputs.co and coinlenders Post by: canuck on November 07, 2013, 03:56:28 AM Yeah....didn't he say right there that inputs uses cold wallets and so, this shouldn't have been able to happen?
Title: Re: inputs.co and coinlenders Post by: AndrewWilliams on November 07, 2013, 04:00:48 AM According to this thread, it doesn't look to good
Topic: Inputs.io Is Gone I'm Calling It A Scam (Read 410 times) https://bitcointalk.org/index.php?topic=326606.0 (https://bitcointalk.org/index.php?topic=326606.0) Title: Re: inputs.co and coinlenders Post by: n8rwJeTt8TrrLKPa55eU on November 07, 2013, 04:50:17 AM Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up). Phew, that's a relief. Don't worry, everybody. Today's events are simply a bad dream, and we will soon be waking up to unicorns and rainbows. Title: Re: inputs.co and coinlenders Post by: ninjaboon on November 07, 2013, 09:18:06 AM There's no fractional reserve for Inputs. Inputs user balances will never be used to pay off CL debt. The only threat is if I am untrustworthy and decide to steal all the coins, which doesn't align up as CL balances have been steadily going down, people are withdrawing in panic due to the higher BTC price, BF / Btct.co closure, etc, and what do you see? :) Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up). according to this, we are fine as long as he didnt run. So we will see for sure soon! question is: how much is there in the inputs.io cold wallets ? Title: Re: inputs.co and coinlenders Post by: stenkross on November 07, 2013, 02:13:46 PM Security / hacks isn't a risk was Inputs uses cold wallets (duplicated & backed up). Phew, that's a relief. Don't worry, everybody. Today's events are simply a bad dream, and we will soon be waking up to unicorns and rainbows. +1 Can't wait 'til wake up time ... Title: Re: inputs.co and coinlenders Post by: D357@RG on November 09, 2013, 03:42:37 AM question is: how much is there in the inputs.io cold wallets ? No one asked questions like this before it was too late. Is it time to ask Coinbase and all the others these sorts of questions yet? |