Bitcoin Forum

Bitcoin => Development & Technical Discussion => Topic started by: williamevanl on August 24, 2014, 04:56:31 AM



Title: Can standalone program securely store its own bitcoin?
Post by: williamevanl on August 24, 2014, 04:56:31 AM
I've been thinking about autonomous applications recently and I'm wondering is it possible for a standalone application to be able to store a private address and send from it without exposing it in any way?

Thanks,
-Will 


Title: Re: Can standalone program securely store its own bitcoin?
Post by: itsAj on August 24, 2014, 05:18:42 PM
Are you talking about person A creating a program and putting their own BTC on it, then giving the program to person B who does not own the BTC for the program to only spend the funds under certain circumstances?

If this is what you are asking about then I would say almost certainly no. It would be too easy to make a copy of the program and attempt to reverse engineer it on a computer that is not connected to the internet, or on a computer that appears to be connected to the internet/bitcoin network but really is not.


Title: Re: Can standalone program securely store its own bitcoin?
Post by: CozyLife on August 24, 2014, 10:34:31 PM
Bitcoins are calculated based on blockchain transaction data. Your wallet stores addresses, nothing more. The blockchain stores only transaction data.